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- Lucintel Forecasts Soil Moisture Sensor Market to Reach $0.39 Billion by 2028According to the recent study the soil moisture sensor market is projected to reach an estimated $0.39 billion by 2028 from $0.22 billion in 2023, at a CAGR of 12% from 2023 to 2028. Growth in this market is primarily driven by increasing the use of soil moisture sensors in agriculture to enhance productivity and sustain groundwater levels and growing adoption of smart agricultural equipment...0 Comments 0 SharesPlease log in to like, share and comment!
- Lucintel Forecasts Semiconductor Foundry Market to Reach $61.3 Billion by 2028According to the recent study the semiconductor foundry market is projected to reach an estimated $61.3 billion by 2028 from $44.3 billion in 2023, at a CAGR of 6.7% from 2023 to 2028. Growth in this market is primarily driven by rising demand for internet circuits to be used in various applications, such as consumer electronics, smart home appliances, automotive, and military equipment along...0 Comments 0 Shares
- Lucintel Forecasts Optical Sensor Market to Reach $20.3 Billion by 2028According to the recent study the optical sensor market is projected to reach an estimated $20.3 billion by 2028 from $13.4 billion in 2023, at a CAGR of 8.7% from 2023 to 2028. Growth in this market is primarily driven by increasing penetration of optical sensors in consumer electronic devices and growing trend of Industry 4.0, IOT, and cloud computing; and growing demand for security measures...0 Comments 0 Shares
- Lucintel Forecasts Liquid Silicone Rubber in the Global Specialty Polymer Market to Reach $2.77 Billion by 2028According to the recent study the liquid silicone rubber in the global specialty polymer market is projected to reach an estimated $2.77 billion by 2028 from $1.84 billion in 2023, at a CAGR of 8.5% from 2023 to 2028. Growth in this market is primarily driven by increasing demand from healthcare and food packaging industry due to its biocompatibility and non-toxic properties. A more than...0 Comments 0 Shares
- Lucintel Forecasts IV-IV Compound Semiconductor Market to Reach $29.4 Billion by 2028According to the recent study the IV-IV compound semiconductor market is projected to reach an estimated $29.4 billion by 2028 from $21 billion in 2023, at a CAGR of 7.0% from 2023 to 2028. Growth in this market is primarily driven by increase in initiatives by governments in funding the semiconductor industry, along with growing demand for SiC semiconductors and higher usage of these compounds...0 Comments 0 Shares
- Lucintel Forecasts Image Sensor Market to Reach $19.1 Billion by 2028According to the recent study the image sensor market is projected to reach an estimated $19.1 billion by 2028 from $12.1 billion in 2023, at a CAGR of 9.5% from 2023 to 2028. Growth in this market is primarily driven by increasing penetration of multiple cameras in smartphone and rising adoption of molecular imaging techniques in the healthcare and automotive industries. A more than 150-page...0 Comments 0 Shares
- Lucintel Forecasts Capacitive Sensor Market to Reach $21.4 Billion by 2028According to the recent study the capacitive sensor market is projected to reach an estimated $21.4 billion by 2028 from $16.5 billion in 2023, at a CAGR of 6.5% from 2023 to 2028. Growth in this market is primarily driven by growing trend for automation of complicated manufacturing processes and increasing integration of capacitive sensor in consumer electronics, such as touch screens,...0 Comments 0 Shares
- Lucintel Forecasts 3D Sensor Market to Reach $15.8 Billion by 2028According to the recent study the 3D sensor market is projected to reach an estimated $15.8 billion by 2028 from $6.9 billion in 2023, at a CAGR of 18.2% from 2023 to 2028. Growth in this market is primarily driven by increasing adoption of 3D sensors in various applications, such as consumer electronics, automotive, healthcare, and media and entertainment applications. A more than 150-page...0 Comments 0 Shares
- Lucintel Forecasts Semiconductor Wafer Market to Reach $16.5 Billion by 2028According to the recent study the semiconductor wafer market is projected to reach an estimated $16.5 billion by 2028 from $12.9 billion in 2023, at a CAGR of 5% from 2023 to 2028. Growth in this market is primarily driven by increase in the sale of consumer electronic devices, rising deployment of GPS tracking system, and growing application of semiconductor wafers in power amplifiers for...0 Comments 0 Shares
- Lucintel Forecasts Semiconductor Packaging Market to Reach $29.2 Billion by 2028According to the recent study the semiconductor packaging market is projected to reach an estimated $29.2 billion by 2028 from $18.9 billion in 2023, at a CAGR of 9.0 from 2023 to 2028. Growth in this market is primarily driven by increase in demand for advanced packaging in consumer electronics and industrial products along with growing trend of miniaturization globally. A more than 150-page...0 Comments 0 Shares
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