The Sensor Market is estimated to grow at a CAGR of 8.9% from 2021 to 2028.
The Sensor Market is projected to reach $345.77 billion by 2028.
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Increase in demand for IoT technology-based devices, and rise in demand for sensors in development of smart cities etc. boost the Sensor market growth.
The key players profiled in the report include Atmel Corporation, Honeywell International Inc., Infineon Technologies AG, and many more.
On the basis of top growing big corporations, we select top 10 players.
The Sensor Market is segmented on the basis of type, technology, end user, and region.
The key growth strategies of Sensor market players include product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations.
Asia-Pacific region would grow at a highest CAGR of 9.9% during the forecast period.
Radar Sensor segment will dominate the market by the end of 2028.
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Global Opportunity Analysis and Industry Forecast, 2021-2028