Analysis

In many manufacturing applications object detection commonly deploys optical sensors because when compared to other types of sensors, they provide the important benefits of precise, non-contact detection at very short response times across both long and short distances.

The total value of EV MRO market share in the year 2022 is figured at around $513.9 million.

The global recloser controls market is expected to garner $3.6 billion by 2033, exhibiting a CAGR of 5.3% from 2023 to 2033.

Fact.MR, a market research and competitive intelligence provider, the global automotive electronics market size will more than double between 2019 and 2029. The sensor segment of automotive electronic components will grow at a double-digit CAGR of 10% through 2029.

The global intelligent electronic devices market is set to garner $25 billion by 2033, advancing at 5.2% CAGR from 2023 to 2033, as per a new industry analysis by Fact.MR, a market research and competitive intelligence provider.

New research has revealed it will take an estimated 62 years to close the gender pay gap in the manufacturing industry.

It is predicted that the blockchain messaging apps market share is expected to increase from $45.92 billion in 2023 to $1,700.31 billion in 2033.

Almost nine in 10 UK businesses turning over more than £5 million annually have experienced cyber attacks, according to new research from Forbes Advisor.

After a harsh 2022, one of the most challenging years for the crypto industry, the global crypto market continues showing signs of recovery. Besides impressive user growth, 2023 is set to witness a significant increase in global crypto transaction value.

The global distribution transformers market was estimated to reach a valuation of USD 26.1 billion in the year 2022.