Global Telemetry Market

A pressure sensor is an instrument that consists of a pressure-sensitive element to determine the actual pressure applied to the sensor with the help of different working principles and some components to convert this information into an output signal. It is used to measure the pressure of gases or liquids. The main types of pressure sensors are absolute pressure sensors, gauge pressure sensors, differential pressure sensors, and others. The absolute pressure sensor uses absolute zero as its reference pressure, measured relative to a full vacuum. Regardless of variations in ambient or process temperature, absolute pressure remains exact and accurate. An absolute pressure sensor is used when testing against a consistent baseline. The various technologies used in pressure sensors include piezoresistive, capacitive, resonant solid-state, electromagnetic, optical, piezoelectric, and others. Pressure sensors are of the wired or wireless type and provide output in either analogue or digital. These sensors are applied in various industries such as automotive, industrial, consumer electronics, healthcare, oil and gas, aerospace and defense, and others. The pressure sensor market research report is one of a series of new reports from The Business Research Company that provides Pressure Sensor market statistics, including global market size, regional shares, competitors with a Pressure Sensor market share, detailed Pressure Sensor market segments, market trends and opportunities, and any further data you may need to thrive in the Pressure Sensor industry. This Pressure Sensor market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry. The global pressure sensor market size grew from $12.32 billion in 2022 to $13.83 billion in 2023 at a compound annual growth rate (CAGR) of 12.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The pressure sensor market size is expected to grow to $20.27 billion in 2027 at a CAGR of 10.0%. The rising adoption of pressure sensors in industrial applications is expected to propel the growth of the pressure sensor market. In automation and industry, pressure sensors are used in systems to measure variables such as speed, fluid/gas flow, water level, and altitude. For instance, in 2020, Sensata Technologies, a US-based manufacturer of pressure sensors, launched hermetic pressure transducers that are built based on self-propelled micro silicon strain gauge technology. These sensors are used for industrial processes and contain mid-to high-pressure ranges. They have high accuracy, burst strength, and shock and vibration performance, which makes them a reliable and robust solution for customers with challenging measurement requirements. Therefore, the rising adoption of pressure sensors in industrial applications is driving the growth of the pressure sensor market. Technological advancements are a key trend gaining popularity in the pressure sensor market. For instance, in 2021, BD Sensors GmbH, a Germany-based manufacturer of pressure sensors and pressure measurement devices, launched a DS5 electronic pressure switch. It has been designed for use in mobile working machines such as cranes, excavators, and harvesters, and provides operational safety in mobile working machines. It is available in the measuring ranges from 16 to 600 bar and is characterised by having a switching accuracy of 1% FSO and a high overload. In March 2021, Mettler-Toledo International Inc., a US-based manufacturer of analytical instruments, acquired PendoTECH for a deal amount of $205 million. Through this acquisition, Mettler-Toledo International Inc. is expected to increase its product portfolio and update its existing product line. PendoTECH is a US-based manufacturer of single-use pressure sensors, transmitters, and control systems. Major players in the pressure sensor market are ABB Ltd., Emerson Electric Co., Honeywell International Inc., Infineon Technologies, NXP Semiconductors, Rockwell Automation Inc., Sensata Technologies, Siemens, STMicroelectronics, TE Connectivity, Amphenol, BD SENSORS GmbH, Bosch Sensortec GmbH, Eaton, General Electric, ifm electronic GmbH, Micro Sensor Co., Ltd., Quartzdyne Inc., Renesas Electronics, and TT Electronics. North America was the largest region in the pressure sensor market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the pressure sensor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the Pressure Sensor market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The pressure sensor market consists of sales of gauge pressure sensors, absolute pressure sensors, differential pressure sensors, and other pressure sensors. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global pressure sensor market is segmented - 1) By Product Type: Absolute Pressure Sensor, Gauge Pressure Sensor, Differential Pressure Sensor, Other Product Types 2) By Technology: Piezoresistive, Capacitive, Resonant Solid-State, Electromagnetic, Optical, Piezoelectric, Other Technology 3) By Output: Analog, Digital 4) By Sensor Type: Wired, Wireless 5) By Application: Automotive, Industrial, Consumer Electronics, Healthcare, Oil And Gas, Aerospace And Defense, Other Applications

The position sensor refer to a device that can identify an object's movement or identify its relative position to a known reference point. These sensors are used to detect the presence or absence of an object. It is also used to measure the distance travelled by a body from its starting point. It determines the linear or angular location to a fixed point or arbitrary reference. The main types of position sensors are linear position sensors and rotary position sensors. Linear position sensors refer to a sensor that measures the distance of an object from a point of reference, and also the changes in position. They accomplish this by converting displacement to electrical output. Linear position sensors and measuring systems are employed in both industrial and research applications. They are differentiated by contact into non-contact type, and contact type and provide both digital and analog outputs. Position sensors are used in machine tools, robotics; motion systems, material handling, test equipment, and others (inspection systems and measurement) in various end-users such as manufacturing, automotive, aerospace, packaging, healthcare, and electronics. The position sensors market research report is one of a series of new reports from The Business Research Company that provides position sensors market statistics, including position sensors industry global market size, regional shares, competitors with a position sensors market share, detailed position sensors market segments, market trends and opportunities, and any further data you may need to thrive in the position sensors industry. This position sensors market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global position sensors market size grew from $5.06 billion in 2022 to $5.56 billion in 2023 at a compound annual growth rate (CAGR) of 9.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The position sensors market size is expected to grow to $8.91 billion in 2027 at a CAGR of 12.5%. Increasing demand for electronics and sensor systems in automobiles will propel the growth of the position sensor market. Due to the rise in passenger car sales, there is increased demand for adaptive cruise control sensors as top automakers are working on incorporating these sensors into more affordable vehicles. This leads to the expansion of the automotive sensor industry thereby contributing to the growth of the position sensor market. For Instance, as per the Indian Brand Equity Foundation (IBEF), in February 2022, passenger vehicle sales in India increased from 17.47 million units in 2020 to 18.49 million units in 2021, accounting for a 5.8% increase during the 2020-21 period.. Therefore, the increasing demand for electronics and sensor systems in automobiles will contribute to the growth of the position sensor market. Product Innovation is a key trend gaining popularity in the position sensor market. Companies are creating new and innovative products to satisfy market needs and expand their existing product portfolio. For instance, Melexis, a Belgium-based Semiconductor manufacturing company, introduced MLX90377 single- and dual-die (completely redundant) Triaxis position sensor for automotive and industrial applications, along with a new PCB-free position sensor package. The MLX90377 is a magnetic rotational and linear position sensor integrated circuit that follows in the footsteps of the MLX90371 and MLX90372 Triaxis sensors. It incorporates an ADC with signal conditioning, DSP, and an output stage controller that supports SPC (Short PWM Code) and ratiometric analog, PWM, and SENT signal formats. It is based on the Triaxis Hall magnetic front-end. In March 2020, TE Connectivity Ltd. (TE), a US-Swiss-based company specializing in designing and manufacturing connectors and sensors, acquired First sensor AG, for an undisclosed amount. The acquisition strengthens TE to offer an even broader product portfolio, including innovative, market-leading sensors, connections, and systems, as well as best-in-class capabilities, which will assist TE's sensors business and TE connectivity as a whole's growth plan. With optical sensing applications for industrial, heavy truck, and auto applications, First Sensor delivers market expansion opportunities. First Sensor AG is a German-based company specializing in producing standard sensors and customer-specific sensor solutions in the fields of photonics, pressure, and advanced electronics. Major players in the position sensors market are Honeywell International Inc., SICK AG, AMS AG, TE Connectivity Corporation, Vishay Intertechnology, Inc., Infineon Technologies, Bourns, STMicroelectronics, Allegro MicroSystems, Heidenhain, Baumer, Novotechnik, Positek Limited, Gill Sensors & Controls Limited, Cambridge Integrated Circuits, Tekscan Inc., Sensata Technologies Inc., NewTek Sensor Solutions, KEYENCE Corporation, Renishaw PLC., Panasonic Corporation, Qualcomm Technologies In, Denso Corporation, Sensata Technologies, TRW Automotive Inc., Stoneridge Inc., Continental Corporation, CTS Corporation, Bosch Sensortec GmbH, Analog Devices Inc., and Avago Technologies. Asia-Pacific was the largest region in the position sensors market in 2022 and is also expected to be the fastest-growing region in the forecast period. The regions covered in the position sensors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the position sensors market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The position sensor market consists of sales of resistance-based or potentiometric position sensors, capacitive position sensors, linear voltage differential transformers, magnetostrictive linear position sensor, eddy current based position sensor, hall effect based magnetic position sensors, fiber-optic position sensor and optical position sensors. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global position sensors market is segmented - 1) By Type: Linear Position Sensors, Rotary Position Sensors 2) By Contact Type: Non-Contact Type, Contact Type 3) By Output: Digital Output, Analog Output 4) By Application: Machine Tools, Robotics, Motion Systems, Material Handling, Test Equipment, Other Applications 5) By End-User Industry: Manufacturing, Automotive, Aerospace, Packaging, Healthcare, Electronics, Other Ens-Users

A torque sensor is a transducer that converts mechanical torque to an electrical signal. There are two types of torque sensors – reaction and rotary. Torque sensors are used in numerous applications in the automotive, motorsports, aerospace, rail, and construction industries. Some of the applications of torque sensors include drag torque measurement, precision mechanics, screwing technology, and testing tools. The main types of torque sensors are reaction and rotary torque sensors. Reaction torque sensors convert a reaction torque measurement into an electrical signal. Rotary sensors are commonly used in automotive engine testing, drive train measurements, electric motor testing, and gearbox testing. By technology, the major types of torque sensors are surface acoustic wave (SAW), optical, and magnetoelastic torque sensors. Major applications of torque sensors include the automotive, industrial, aerospace and defense, and healthcare industries. The torque sensor research report is one of a series of new reports from The Business Research Company that provides torque sensor statistics, including torque sensor industry global market size, regional shares, competitors with torque sensor shares, detailed torque sensor segments, market trends and opportunities, and any further data you may need to thrive in the torque sensor industry. This torque sensor research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global torque sensor market size grew from $7.77 billion in 2022 to $9.13 billion in 2023 at a compound annual growth rate (CAGR) of 17.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The torque sensor market size is expected to grow to $19.68 billion in 2027 at a CAGR of 21.2%. The increasing adoption of electric vehicles is contributing to the growth of the torque sensor market. Electric automotive manufacturers use torque sensors for measuring drive and braking torque and efficiency. As of 2020, there were 10 million electric vehicles on the roads globally. In 2020, global electric car sales reached about 3 million, with new electric car registrations increasing by 40%. Therefore, the growing demand for electric vehicles is driving the growth of the torque sensor market. Technology advancements are a key trend gaining popularity in the torque sensor market. For example, in September 2021, Sensor Technology Ltd. launched a range of non-contact torque sensors that use surface acoustic wave detection. In January 2020, TE Connectivity, a Swiss manufacturer of sensors, announced a safety torque sensor for human-robot collaborations. In April 2021, Amphenol, a US-based producer of electronic and fibre optic connectors, cables, and sensors, acquired MTS Systems for an undisclosed amount. This acquisition, combined with the strength of the companies’ highly complementary sensor product portfolios, will allow them to offer customers an expanded array of innovative technologies across multiple end markets. MTS Systems is a US-based supplier of test systems and industrial sensors. Major players in the torque sensor market are ABB Group, Applied Measurements Ltd., Crane Electronics Ltd., FUTEK Advanced Sensor Technology Inc., Honeywell International Inc., Infineon Technologies AG, Kistler Group (Kistler Holding AG), MagCanica Inc., Snap-On Inc. (Norbar Torque Tools), Datum Electronics Limited, HBM GmBH, PCB Piezotronics, Interface Inc., Teledyne Technologies Inc., TE Connectivity, Bota Systems, HITEC Sensor Solutions, KONUX, Mountz, Robotiq, S. Himmelstein & Company, Transense Technologies, and ATI Industrial Automation Inc. North America was the largest region in the torque sensor market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the torque sensor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the Torque Sensor market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The torque sensor market consists of sales of reaction sensors, rotary sensors, and other torque sensors. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global torque sensor market is segmented - 1) By Type: Reaction Torque Sensor, Rotary Torque Sensor 2) By Technology: Strain Gauge, Surface Acoustic Wave (SAW), Optical, Magnetoelastic 3) By Application: Automotive, Industrial, Aerospace and Defense, Healthcare

The internet of things, or IoT, is a collection of interconnected smart devices, mechanical and digital machines, objects, animals, or people supplied with unique identifiers (UIDs) and the ability to transmit data across a network without needing human-to-human or human-to-computer interaction. IoT sensors are used in healthcare, automotive, transportation, manufacturing, and other industrial sectors. The main type of IOT sensors are temperature sensors, pressure sensors, humidity sensors, flow sensors, accelerometers, magnetometers, gyroscopes, inertial sensors, image sensors and others. Temperature sensors help in monitoring the temperature of a ship to log it automatically. The IOT sensors are applied across various areas such as building automation, industrial application, automotive application, healthcare application, retailing & logistics application, security application, agriculture application, other applications and used in healthcare, automotive and transportation, manufacturing/ industrial, others. The IoT sensors market research report is one of a series of new reports from The Business Research Company that provides IoT sensors market statistics, including IoT sensors industry global market size, regional shares, competitors with a IoT sensors market share, detailed IoT sensors market segments, market trends and opportunities, and any further data you may need to thrive in the IoT sensors industry. This IoT sensors market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global IoT sensors market will grow from $6.2 billion in 2022 to $6.64 billion in 2023 at a compound annual growth rate (CAGR) of 7.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global IoT sensors market is expected to grow to $8.67 billion in 2027 at a compound annual growth rate (CAGR) of 6.9%. The application of IoT in automotive and transport sectors is a key factor driving the growth of the IoT sensors market. The introduction of IoT in the automotive industry has opened up new opportunities for carmakers and consumers worldwide. With industrial and commercial use, IoT has become a popular hotspot for varied multifunctional applications in the automotive sector. IoT offers enhanced communication, control, and data delivery at any transportation point. For instance, the companies like Mercedes-Benz, Volkswagen, Volvo, Toyota and Google Inc. are increasingly investing in developing smart cars with rich features that offer healthier, more convenient and more enjoyable driving experiences. The driverless vehicles are likely to dominate the industry by 2030 according to NASDAQ estimates. Therefore, the application of IoT in automotive and transport industries is expected to drive the growth of the IoT sensors market. The data security concerns are a key factor hampering the growth of the IoT sensors market. The rate of data intrusions is also increasingly growing with the rising technology. IoT systems are being newly built, and safety requirements are lacking, this serves as a major obstacle to the growth of the market for IoT sensors, since enterprise data protection is of great importance when designing analytical solutions for many vertical applications. For instance, a group of researchers from Ruhr University Bochum in Germany identified a security problem in the common messaging apps WhatsApp which could allow hackers to spy on private group chats. According to Forbes, in 2021, 97% of the firms are impacted by a cybersecurity breach in their supply chain and 93% of them suffered a direct cybersecurity breach. Therefore, the data security concerns are expected to limit the growth of the IoT sensors market. The artificial intelligence is a key trend in the IoT sensors market. Artificial intelligence is the basic ingredient required to process the huge amount of data gathered these days, and to maximize its value for the company. AI will assist IoT data analysis in the following areas, such as data accuracy in time series, predictive and advanced analytics, data preparation, geospatial and location real-time (logistic data). In 2020, based on their AI capabilities, the major cloud vendors, including Amazon, Microsoft and Google, are increasingly looking to succeed. Various companies hope to expand their market share with AI algorithms capable of exploiting machine learning and deep learning, allowing businesses to derive more value from their ever-increasing data volumes. In July 2021, Taoglas, an Ireland-based provider of advanced antennas and next-generation IoT solutions, acquired Smartsensor Technologies for an undisclosed amount. This acquisition allows Taoglas to expand their industrial and enterprise-level IoT services and accelerates their connected smart services growth objectives. Smartsensor Technologies is an Australia-based full-service Internet of Things company. Major players in the IoT sensors market are Texas Instruments, TE Connectivity, NXP Semiconductors, STMicroelectronics, TDK Corporation, Infineon Technologies, Omron, Honeywell, Sensata Technologies, and Broadcom. Asia-Pacific was the largest region in the IoT sensors market in 2022. North America was the second-largest region in the global IoT sensors market. The regions covered in the global IoT sensors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the IoT sensors market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The internet of things (IoT) sensors market consists of sales of temperature sensors, pressure sensors, humidity sensors, flow sensors, accelerometers, magnetometers, gyroscopes, and other internet of things (IoT) sensors. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global IoT sensors market is segmented - 1) By Product Type: Temperature sensors, Pressure sensors, Humidity sensors, Flow sensors, Accelerometers, Magnetometers, Gyroscopes, Inertial sensors, Image sensors, Other Product Types 2) By Application: Building Automation, Industrial Application, Automotive Application, Healthcare Application, Retailing & Logistics Application, Security Application, Agriculture Application, Other Applications 3) By End-user Industry: Healthcare, Automotive and Transportation, Manufacturing / Industrial, Other End-Users

A temperature sensor is an electronic device that records, monitors, or signals temperature changes by measuring the temperature of its surroundings and converting the input data into electronic data. Temperature sensors are used to take accurate temperature measurement readings. The main types of temperature sensors are contact temperature sensors and non-contact temperature sensors. Contact temperature sensors are electronic devices that need to be kept in physical contact with the substance for being sensed and use conduction mechanisms to monitor temperature changes. They are used to detect a wide range of temperatures. The different outputs include digital, and analog and involve various connectivity types such as wired, and wireless. It is used in several sectors including the manufacturing industry, aerospace industry, energy sector, electronics industry, HVAC industry, and others. The temperature sensor market research report is one of a series of new reports from The Business Research Company that provides temperature sensor market statistics, including temperature sensor industry global market size, regional shares, competitors with a temperature sensor market share, detailed temperature sensor market segments, market trends and opportunities, and any further data you may need to thrive in the temperature sensor industry. This temperature sensor market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global temperature sensor market size grew from $8.18 billion in 2022 to $8.88 billion in 2023 at a compound annual growth rate (CAGR) of 8.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The temperature sensor market size is expected to grow to $12.65 billion in 2027 at a CAGR of 9.3%. The growing healthcare sector is significantly contributing to the growth of the temperature sensor market. The incthe reasing healthcare business necessitates the use of temperature sensors to provide dependable and precise monitoring of key temperatures. Temperature sensors are used in sleep apnea machines, digital thermometers, blood analyzers, anesthesia delivery machines, neonatal intensive care units to monitor patient temperature, ventilators, medical incubators, humidified oxygen heater temperature monitoring and control equipment, and kidney dialysis machines. For instance, according to India Brand Equity Foundation (IBEF) report, the healthcare sector is estimated to reach USD372 billion by 2022. Therefore, the growing healthcare sector is projected to propel the growth of the temperature sensor market in the coming years. The growing technological advancements are shaping the temperature sensor market. Key players operating in the temperature sensor market are focusing on developing advanced technological temperature sensor devices to strengthen their position in the market. For instance, in March 2020, Polysense Technologies Inc., a US-based company that offers IoT-based temperature sensors launched WxS x800-IRTMS and WxS x800-IRTM based on IoT edge computing technology. WxS x800-IRTMS is a standalone thermal meter that measures human body temperature infrared touch-free. The WxS x800-IRTM is a self-calibrated IoT big data thermal meter that supports a variety of wireless uplinks for cloud connectivity, including NB-IoT, Wi-Fi, LoRaWAN, and 4G LTE. In December 2020, CTS Corporation, a US-based manufacturer of sensors and electronic components including temperature sensors acquired Sensor Scientific Inc. for an undisclosed amount. This acquisition will help CTS Corporation to expand its temperature sensing product portfolio and build a strategy for innovative products. Sensor Scientific Inc. is a US-based company that designs, develops, and manufactures temperature sensor assemblies and thermistor sensors for various industries. Major players in the temperature sensor market are Siemens AG, NXP Semiconductors N.V., Infineon Technologies AG, Texas Instruments Incorporated, Denso Corporation, TE Connectivity, Omron Corporation, Sensor Scientific Inc., CTS Corporation, WIKA Instruments India Pvt. Ltd., Keyence Corporation, Dwyer Instruments Ltd., Standex Electronics Inc., Thermocouple Technology LLC, Kelvin Technologies Inc., and Thermo Sensors Corporation. Asia-Pacific was the largest region in the temperature sensor market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the temperature sensor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the temperature sensor market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The temperature sensor market consists of sales of contact-type temperature sensors and noncontact-type temperature sensors. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global temperature sensor market is segmented - 1) By Product Type: Contact Temperature Sensors, Non-Contact Temperature Sensors 2) By Output: Digital, Analog 3) By Connectivity: Wired, Wireless 4) By End-User: Manufacturing Industry, Aerospace Industry, Energy Sector, Electronics Industry, HVAC Industry, Other End-Users

The vibration sensor are used to measure the frequency of vibration in a given system, machine, or equipment. Vibration sensors are devices that convert vibrations into electrical output and measure the levels of vibration in machines, devices, and equipment. These sensors are also used for measuring fluctuating accelerations or speeds or for normal vibration measurement. The main product types of vibration sensors are velocity transducers, electrodynamics, accelerometers, and non-contact displacement transducers. Velocity transducers are used to detect high-frequency vibration signals related to casing and foundation resonances, bearing supports, and others. The velocity transducers are used in gas turbines, axial compressors, and small and mid-size pumps. The different vibration sensor materials include doped silicon, quartz, and piezoelectric ceramics. The different vibration sensor technologies include piezoresistive, strain gauge, variable capacitance, and optical, which are used by end-users such as aerospace, coal and quarry, oil and gas, medical and pharmaceuticals, automobiles, and consumer electronics. The vibration sensor market research report is one of a series of new reports from The Business Research Company that provides vibration sensor market statistics, including global market size, regional shares, competitors with a vibration sensor market share, detailed vibration sensor market segments, market trends and opportunities, and any further data you may need to thrive in the vibration sensor industry. This vibration sensor market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global vibration sensor market size grew from $3.68 billion in 2022 to $4.03 billion in 2023 at a compound annual growth rate (CAGR) of 9.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The vibration sensor market size is expected to grow to $5.68 billion in 2027 at a CAGR of 9.0%. The growing airline industry is expected to propel the growth of the vibration sensor market. In aircraft, vibration analysis is carried out on engines to check vibration levels and ensure no cracking, functioning avionics, and engine performance. According to Boeing’s 2020–2039 commercial market outlook, India's domestic air passenger market is expected to double its size by 2030, from pre-pandemic levels, creating demand for an additional 2,200 new commercial aircraft in the next 20 years in India. Hence, the growing airline industry is expected to contribute to the demand for vibration sensors, thus driving the market during the forecast period. Technological advancements are a key trend gaining popularity in the vibration sensors market. Technological advancement is the discovery of knowledge that advances technology. For instance, in March 2020, SKF, a Sweden-based manufacturer of industrial products, launched a compact and cost-effective vibration and temperature sensor for monitoring the condition of rotating parts on heavy industrial machinery. The sensor, named SKF Enlight Collect IMx-1, enables customers to reduce both expensive unplanned downtime and their maintenance costs. It can be used to automate the gathering of data regarding the health of machinery. In December 2020, Japan-based machine manufacturing company, NSK Ltd., acquired B&K Vibro for an undisclosed amount. The deal further strengthens NSK's ability to cater to the growing needs of automation, labour savings, smart technology, and environmental measures. The acquisition strengthens NSK’s condition monitoring system (CMS) business platform and enhances its position in the condition monitoring market. B&K Vibro is a Germany-based condition monitoring systems company offering products and services such as vibration sensors, vibration monitors, online-integrated plant-wide monitoring solutions and others. TE Connectivity Ltd., Honeywell International Inc., Emerson Electric Co, Robert Bosch GmbH, Dytran Instruments, Inc., Fluke Corporation, NXP Semiconductors N.V., FUTEK Advanced Sensor Technology, Inc., Hansford Sensors Ltd., Keyence Corporation, Colibrys Ltd., DIS Sensors, SKF GmbH, Texas Instruments Incorporated, Omron Corp, and PCB Piezotronics are major market players. North America will be the largest region in the vibration sensor market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the vibration sensor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the vibration sensor market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The vibration sensor market consists of sales of accelerometer, strain gauges, electromagnetic velocity sensor. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global vibration sensor market is segmented - 1) By Product Type: Velocity Transducers, Electrodynamics, Accelerometers, Non-Contact Displacement Transducer 2) By Material: Doped Silicon, Quartz, Piezoelectric Ceramics 3) By Technology: Piezoresistive, Strain Gauge, Variable Capacitance, Optical 4) By End User: Aerospace, Coal And Quarry, Oil And Gas, Medical And Pharmaceuticals, Automobile, Consumer Electronics

The GPS equipment refers to various devices and tools required for the functioning of satellite navigation system. A GPS is a satellite navigation system that determines an object's location on the ground. The main product types of GPS equipment are data loggers, data pushers, data pullers, and covert GPS trackers. Data loggers are electronic devices that monitor and record environmental parameters automatically over time, allowing conditions to be measured, documented, analyzed, and validated. The various applications of GPS equipment include road, aviation, marine, location-based services, surveying and mapping and others that are used by transportation and logistics, construction, oil and gas, metals and mining, government, among others. The GPS equipment market research report is one of a series of new reports from The Business Research Company that provides GPS equipment market statistics, including GPS equipment industry global market size, regional shares, competitors with a GPS equipment market share, detailed GPS equipment market segments, market trends and opportunities, and any further data you may need to thrive in the GPS equipment industry. This GPS equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global GPS equipment market size will grow from $2.4 billion in 2022 to $2.54 billion in 2023 at a compound annual growth rate (CAGR) of 5.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global GPS equipment market size is expected to grow to $3.12 billion in 2027 at a CAGR of 5.4%. Increased use of GPS tracking devices in commercial vehicles contributed to the growth of the GPS equipment market. GPS tracking devices help in monitoring commercial vehicles such as trucks, buses, heavy commercial vehicles, and construction vehicles. Through monitoring and handling these vehicles in real-time with GPS trackers, companies can get real-time updates, optimize routes, increase efficiency, and improve fuel efficiency among others. Businesses are increasingly using GPS for tracking vehicles and will have an edge over their competitors in giving a better customer experience. Therefore, the use of GPS equipment in commercial vehicles is a key factor leading to the growth of the GPS equipment market. Security threat in GPS tracking applications is expected to hinder the growth of the market. Hackers can interfere with the signals from GPS equipment and take advantage of the vehicle in ways unimaginable. The signals could be jammed during the transmission. The vulnerability of GPS will allow a hacker to track the positions of thousands of vehicles and even switching the engines off while they are in motion causing a complication. For instance, in September 2021, according to a research study conducted by Bitsight, a US-based cybersecurity ratings company, stated the vulnerabilities of threats on GPS tracking, stated that the MiCODUS API server contains the password vulnerability known as CVE-2022-2107. It has a 9.8 CVSS score and enables remote attackers to send SMS commands to a target's GPS tracker by using a hardcoded master password to access into the web server. A 9.8 CVSS rating was also given to CVE-2022-2141 because to faulty authentication. An attacker could be able to use this vulnerability to send the tracking device SMS commands without being verified. The hacker claimed that he could track vehicles in many countries, including South Africa, MorocCo., India, and the Philippines. The vulnerabilities in GPS equipment causing complications in smooth operations restrict the growth of the market. The software integrated with GPS trackers has developed rapidly. The use of advanced software can deliver real time data on a specific location. The advanced software has helped improve mapping capabilities and the ability to integrate with resources such as Google Earth and predictive diagnosis. For instance, in September 2022, Trackem, a US-based platform for monitoring resources, supplies, and job progress, has launched its most recent version of its GPS tracking platform for clients. The new system includes tools for tracking fuel bills, fleet-wide fuel usage, mileage analysis, and driver scorecards. Scorecards for drivers make it easier to see those who frequently accelerate quickly or drive too fast, both of which increase fuel consumption. This data may be employed for disciplinary or instructional purposes. Numerous places in the fleet that can be modified for fuel economy can be found with the use of detailed reports. Additionally, the new Maintenance area can help fleet managers or business owners stay current and repair their vehicles to maximize fuel efficiency. The development of an enhanced GPS tracker is gaining traction and contributes to the growth of the market. In January 2020, BAE Systems, Inc., a UK-based aerospace and security company acquired Collins Aerospace’s military global positioning system (GPS) business for $1.925 billion and Raytheon’s Airborne Tactical Radios (ATR) business for cash of $275 million. The acquisitions of GPS and ATR business is aimed to strengthen BAE Systems, Inc. in defense electronics and communication systems business. Collins Aerospace, a USA-based company, specialized in avionics and information technology systems business. Raytheon, a USA-based company, specialized in the manufacturing of military and commercial electronics. Major players in the GPS equipment market are Calamp Corporation, Sierra Wireless, Inc., Orbocomm Inc., Queclink Wireless Solutions Co., Ltd., Laird PLC., Tomtom International Bv, Concox Wireless Solution, Xirgo Technologies, Inc., Shenzhen Concox Information Technology Co. Ltd., and Maestro Wireless Solutions. The Asia-Pacific was the largest region in the GPS equipment market in 2022. Asia-Pacific is expected to be the fastest-growing region in the global GPS equipment market during the forecast period. The regions covered in the global GPS equipment report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the GPS equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The global positioning system (GPS) equipment market consists of sales of equipment for determining the ground position of an object through GPS satellites. GPS is a satellite navigation system that transmits specific signals that allow GPS equipment to decode and measure the satellite's exact location. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global GPS equipment market is segmented - 1) By Product Type: Data loggers, Data pushers, Data pullers, Covert GPS Trackers 2) By End-Use Industry: Transportation & Logistics, Construction, Oil & Gas, Metals & Mining, Government, Other End-Use Industries (Hospitality, Education, Retail, Agriculture, and Healthcare) 3) By Application: Road, Aviation, Marine, Location-based services, Surveying and Mapping, Other Applications

Aerospace and defense telemetry refers to the collection of statistical data from remote locations and sending it to receiving equipment for monitoring, recording, and analysis. The aerospace and defense telemetry are used in complex systems such as missiles, RPVs, spacecraft, oil rigs, and chemical plants. This helps in automatic monitoring, alerting, and record-keeping necessary for efficient and safe operation. The main types of aerospace and defense telemetry markets are radio and satellite. Radio telemetry is used to locate and track and determine location by using radio signals, which are made up of invisible and silent electromagnetic waves. Radio telemetry is a technique for tracking animal movement and behavior. This method employs radio signal transmission to locate a transmitter attached to the animal of interest. The various types of equipment include data acquisition units, telemetry transmitters, and flight terminator receivers. The several types of components include control devices, displays, recorders, sensors, and transmitters that are used in aircraft, spacecraft, unmanned aerial vehicles (UAVs), and other applications. The aerospace and defense telemetry market research report is one of a series of new reports from The Business Research Company that provides aerospace and defense telemetry market statistics, including aerospace and defense telemetry industry global market size, regional shares, competitors with an aerospace and defense telemetry market share, detailed aerospace and defense telemetry market segments, market trends and opportunities, and any further data you may need to thrive in the aerospace and defense telemetry industry. This aerospace and defense telemetry market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global aerospace and defense telemetry market size grew from $6.82 billion in 2022 to $7.34 billion in 2023 at a compound annual growth rate (CAGR) of 7.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The aerospace and defense telemetry market size is expected to grow to $9.5 billion in 2027 at a CAGR of 6.7%. Increasing the defense budget of countries is significantly contributing to the growth of the aerospace and defense telemetry market going forward. The defense budget refers to the amount spent by governments on upgrading their defense mechanisms. The increase in defense budgets will increase the purchasing and upgrading of aerospace and defense telemetry, which play a prominent role in the transformation of information in defense. For instance, according to the 2021 Stockholm International Peace Research Institute (SIPRI) report, a Sweden-based non-profit organization that provides data for armament and arms control, in 2020 world military expenditure reached USD 1,981 billion, which was 2.6% higher when compared to 2019. Therefore, the increasing defense budget is driving the growth of the aerospace and defense markets. Technological advancements have emerged as a key trend gaining popularity in the aerospace and defense telemetry markets. Major companies operating in the aerospace and defense telemetry sectors are focused on developing new technologies to sustain their position in the market. For instance, in February 2021, Dynatrace, a US-based technology company, launched v1.0 of the OpenTelemetry specification based on Dynatrace’s distributed tracing technology, which helps in supporting traces and metrics. This helps in ensuring a smooth transition from OpenTracing and OpenCensus. In August 2021, Delta Information Systems a US-based manufacturer of high-quality aerospace telemetry products for Flight tests, Missile tests, and Range Safety acquired Wideband Systems for an undisclosed amount. With this acquisition, Delta Information Systems expands its business into a world-class leader in ground-based aerospace recorders. the Wideband product lines. Wideband Systems is a US-based designer and manufacturer of sophisticated recording instruments for aerospace, communications, and intelligence. Major players in the aerospace and defense telemetry market are BAE Systems, Lockheed Martin Corporation, L3 Technologies, Safran Spa, Cobham PLC, Honeywell Corporation, Thales Group, Orbit Communications Systems, Dassault Aviation, Curtiss-Wright Corporation, Raytheon Technologies, AstroNova Inc., Leonardo Corporation, General Dynamics, and Northrop Grumman Corporation. North America was the largest region in the aerospace and defense telemetry market in 2022. Middle East and Africa are expected to be the fastest-growing regions in the forecast period. The regions covered in the aerospace and defense telemetry market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the aerospace and defense telemetry market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The aerospace and defense telemetry market consists of sales of aerospace and defense telemetry that are used in projectiles. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global aerospace and defense telemetry market is segmented - 1) By Type: Radio, Satellite 2) By Equipment: Data Acquisition Unit, Telemetry Transmitters, Flight Terminator Receivers 3) By Component: Control device, Display, Recorder, Sensors, Transmitter 4) By Application: Aircraft, Spacecraft, Unmanned Aerial Vehicle (UAVs), Others Applications