Active Electronic Components Industry The global active electronic components market was valued at an estimated USD 338.87 billion in the year 2024 and is expected to witness consistent growth at a compound annual growth rate (CAGR) of 6.9% during the forecast period spanning from 2025 to 2030. Active electronic components are essential elements integrated into electronic circuits, primarily to...

Agriculture drones are revolutionizing farming by providing advanced solutions for monitoring crops, optimizing inputs, and improving yields. The use of drones in agriculture is rapidly growing, driven by their ability to enhance productivity and efficiency. How Farming Drones Are Mitigating Risks in Modern Agribusiness Farming drones are revolutionizing risk management in agribusiness by...

Market Overview Global IoT Sensors Market size and share is currently valued at USD 12.34 billion in 2023 and is anticipated to generate an estimated revenue of USD 135.90 billion by 2032, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 31.3% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2024 -...

Agriculture drones are revolutionizing farming by providing advanced solutions for monitoring crops, optimizing inputs, and improving yields. The use of drones in agriculture is rapidly growing, driven by their ability to enhance productivity and efficiency. How Farming Drones Are Mitigating Risks in Modern Agribusiness Farming drones are revolutionizing risk management in agribusiness by...

The global level sensor market size is anticipated to reach USD 8.37 billion by 2030, expanding at a CAGR of 7.3% over the forecast period, according to a new report by Grand View Research, Inc. The food industry has traditionally lagged behind other industries in adopting new technologies. However, growing advancements in computer technology, coupled with stringent regulations for...

Allied Market Research, titled, “LiDAR Market Size by Type, Component, Application, End User, and Region: Global Opportunity Analysis and Industry Forecast, 2022–2031," The lidar market was valued at $1.1 billion in 2021, and is estimated to reach $7.8 billion by 2031, growing at a CAGR of 21.3% from 2022 to 2031. Light detection and ranging (LiDAR) is a remote sensing...