Witnessing Significant Growth in Top 10 Sensors Market
The top 10 sensor market were valued at USD 72.7 billion in 2021 and are expected to reach USD 101.1 billion by 2026, at a CAGR of 6.8% during the forecast period. Among the end-user industries, consumer electronics, automotive, and healthcare are the major markets. Some of the reasons are the increasing demand for smart devices in consumer electronics, growing importance of measuring and controlling devices in these industries, and increasing concern toward security and surveillance in these sectors.
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