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Micro-Electro-Mechanical System (MEMS) Market worth $24.2 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, March 29, 2024

This innovation is driven by the integration of MEMS technology with automated production lines, streamlining manufacturing processes and ensuring scalability.

Key Points: 
  • This innovation is driven by the integration of MEMS technology with automated production lines, streamlining manufacturing processes and ensuring scalability.
  • In November 2023, xMEMS Labs Inc. developed a sound-from-ultrasound MEMS speaker, enabling the replacement of coil speakers in noise-canceling earbuds.
  • This innovation utilizes ultrasound carrier and demodulation for smaller MEMS microspeakers with adequate bass response.
  • RF MEMS products in Actuator Type segment in MEMS market is expected to account for the largest share during the forecast period.

Micro-Electro-Mechanical System (MEMS) Market worth $24.2 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, March 29, 2024

This innovation is driven by the integration of MEMS technology with automated production lines, streamlining manufacturing processes and ensuring scalability.

Key Points: 
  • This innovation is driven by the integration of MEMS technology with automated production lines, streamlining manufacturing processes and ensuring scalability.
  • In November 2023, xMEMS Labs Inc. developed a sound-from-ultrasound MEMS speaker, enabling the replacement of coil speakers in noise-canceling earbuds.
  • This innovation utilizes ultrasound carrier and demodulation for smaller MEMS microspeakers with adequate bass response.
  • RF MEMS products in Actuator Type segment in MEMS market is expected to account for the largest share during the forecast period.

Current Sensor Market worth $4.7 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, October 9, 2023

In 2022, the Hall-effect sensors segment held the largest share of the magnetic current sensor market and was expected to follow the trend during the forecast period.

Key Points: 
  • In 2022, the Hall-effect sensors segment held the largest share of the magnetic current sensor market and was expected to follow the trend during the forecast period.
  • The digital output segment in the current sensor market is expected to grow at the highest growth rate during the forecast period.
  • China held the largest market share and is expected to retain its position during the forecast period from 2023 to 2028 in the current sensor market.
  • China plays a significant role in the current sensor market as it is the largest automobile manufacturer in the world.

Current Sensor Market worth $4.7 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, October 9, 2023

In 2022, the Hall-effect sensors segment held the largest share of the magnetic current sensor market and was expected to follow the trend during the forecast period.

Key Points: 
  • In 2022, the Hall-effect sensors segment held the largest share of the magnetic current sensor market and was expected to follow the trend during the forecast period.
  • The digital output segment in the current sensor market is expected to grow at the highest growth rate during the forecast period.
  • China held the largest market share and is expected to retain its position during the forecast period from 2023 to 2028 in the current sensor market.
  • China plays a significant role in the current sensor market as it is the largest automobile manufacturer in the world.

Global Aircraft Sensors Market to Reach $2.2 Billion by 2028 with a 10.5% CAGR Driven by Technological Advancements and Growing Aircraft Fleet Size - ResearchAndMarkets.com

Retrieved on: 
Wednesday, July 26, 2023

The aircraft sensors market was estimated at USD 1.1 billion in 2022 and is likely to grow at a promising CAGR of 10.5% during 2023-2028 to reach USD 2.2 billion in 2028.

Key Points: 
  • The aircraft sensors market was estimated at USD 1.1 billion in 2022 and is likely to grow at a promising CAGR of 10.5% during 2023-2028 to reach USD 2.2 billion in 2028.
  • With the world's fastest-growing contemporary aircraft, there is an unceasing demand for robust and reliable aircraft sensors.
  • Some common types of sensors found on aircraft include - Pressure Sensors, Temperature Sensors, Position Sensors, Force/Torque Sensors, Inertial Sensors, etc.
  • The COVID-19 pandemic had a significant impact on the aircraft sensors market, causing a decline of over 45% in 2020.

Microphone Market worth $3,526 million by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, July 7, 2023

Modern wireless microphone systems use robust transmission techniques and advanced frequency management systems to ensure reliable and interference-free operation.

Key Points: 
  • Modern wireless microphone systems use robust transmission techniques and advanced frequency management systems to ensure reliable and interference-free operation.
  • Microphone industry for consumer electronics applications holds the highest market share during the forecast period.
  • Microphone market for the electret microphone segment to hold the second highest market share during the forecast period.
  • These players have a strong market presence of microphones across various countries in North America, Europe, Asia Pacific, and RoW.

Microphone Market worth $3,526 million by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, July 7, 2023

Modern wireless microphone systems use robust transmission techniques and advanced frequency management systems to ensure reliable and interference-free operation.

Key Points: 
  • Modern wireless microphone systems use robust transmission techniques and advanced frequency management systems to ensure reliable and interference-free operation.
  • Microphone industry for consumer electronics applications holds the highest market share during the forecast period.
  • Microphone market for the electret microphone segment to hold the second highest market share during the forecast period.
  • These players have a strong market presence of microphones across various countries in North America, Europe, Asia Pacific, and RoW.

Micro Battery Market worth $1.3 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, July 4, 2023

Using a micro battery improves the range of communication, ensures the durability of tags, and enables better tracking and tracing functions.

Key Points: 
  • Using a micro battery improves the range of communication, ensures the durability of tags, and enables better tracking and tracing functions.
  • North America is expected to hold a significant share of the micro battery market during the forecast period.
  • Many North America-based companies are developing micro batteries for application in wearable devices, smart packaging, smart cards, medical devices, and wireless sensors.
  • Increasing demand for wearable and medical devices is a crucial factor driving the micro battery market in this region.

Micro Battery Market worth $1.3 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, July 4, 2023

Using a micro battery improves the range of communication, ensures the durability of tags, and enables better tracking and tracing functions.

Key Points: 
  • Using a micro battery improves the range of communication, ensures the durability of tags, and enables better tracking and tracing functions.
  • North America is expected to hold a significant share of the micro battery market during the forecast period.
  • Many North America-based companies are developing micro batteries for application in wearable devices, smart packaging, smart cards, medical devices, and wireless sensors.
  • Increasing demand for wearable and medical devices is a crucial factor driving the micro battery market in this region.

Desiccant Dehumidifier Market worth $749 million by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, June 8, 2023

By product type, the fixed or mounted type desiccant dehumidifiers are projected to hold the largest share of the desiccant dehumidifier market during the forecast period.

Key Points: 
  • By product type, the fixed or mounted type desiccant dehumidifiers are projected to hold the largest share of the desiccant dehumidifier market during the forecast period.
  • These portable desiccant dehumidifiers are increasingly being adopted in gyms, basements, sports arenas, and commercial spaces where low-capacity desiccant dehumidifiers are required.
  • Factors like rising investments in product innovation for portable desiccant dehumidifiers also enable the segment's high growth rate in the desiccant dehumidifier market.
  • The North American region is expected to hold the largest share of the desiccant dehumidifier market during the forecast period.