The gas sensor market size is projected to grow from USD 2.68 billion in 2026 to USD 9.64 billion by 2040, representing a CAGR of 9.57%, during the forecast period 2026-2040.
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The global laser automation market, valued at USD 15.20 billion in 2025, is projected to reach USD 15.96 billion in 2026 and USD 26.51 billion by 2035, representing a CAGR of 5.80% during the forecast period 2026 to 2035. Based on end users, the automotive sector is contributing the maximum (31.60%) to the overall laser automation market size due to their ability to utilize sophisticated laser technology in manufacturing processes. North America dominates the industry (accounting for 36.28% of t...
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According to the global small modular reactor market size forecast, the market is projected to grow from USD 6.45 billion in 2024 to USD 21.95 billion by 2035, representing a CAGR of 11.77%, during the forecast period 2024-2035. Among these categories, the grid-connected segment growth is expected to be the maximum, capturing a market share of 80.34% by 2035. According to our small modular reactor industry analysis, the single module power plant segment will augment the segment's growth with the...
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The global warehouse robotics market, valued at USD 8 billion in 2026, is projected to reach USD 26 billion in 2035 and USD 43 billion by 2040, representing a CAGR of 12.67% during the forecast period 2026 to 2040. With respect to type of payload capacity, 20-100 Kg takes the lead in the market by occupying 42.65% of the market share. Based on application area, e-commerce dominates the market by securing 27.27% of the revenue share. In November 2025, Brightpick announced that its autopicker ro...
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The global perovskite solar cell market is projected to reach USD 340 million in 2026 and USD 11,000 million by 2040, representing a CAGR of 28.19% during the forecast period 2026 to 2040. Innovation trends are centered on enhancing long-term stability, competitive costs, and durability, which remain critical barriers to widespread commercialization, particularly regarding moisture sensitivity and lead content. The key forward-looking perovskite solar cell market trends and opportunities include...
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The digital signal processor market was valued at US$5 billion in 2025 and is projected to reach US$5.50 billion by 2026. The market is further expected to grow to US$18.88 billion by 2040, registering a CAGR of 9.21% during the forecast period (2026–2040). The Asia-Pacific region dominates the global digital signal processor market and represents the most significant growth over the forecast period. Integrated Systems-on-Chip (SoCs) are emerging as the dominant delivery model for DSP function...
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The building information modelling market, valued at USD 8.55 billion in 2025, is projected to reach USD 10.46 billion in 2026 and USD 59.18 billion by 2040, representing a 13.18% CAGR during the forecast period 2026 to 2040. The market gains traction due to rising demands for cost efficiency, reduced errors, and streamlined collaboration in complex projects. Key drivers include the need for integrated workflows amid labor shortages and supply chain pressures, with major applications in resident...
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The global 2D materials energy storage market is projected to reach USD 328 million in 2026 and USD 4,280 million by 2040, representing a CAGR of 20.14% during the forecast period 2026 to 2040. Key players including Talga Group, Graphene Manufacturing Group, Skeleton Technologies, and Applies Graphene Materials are undertaking strategic initiatives, such as material innovations and strategic partnerships to strengthen their market position.
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The global mining automation market, valued at USD 5.46 billion in 2026, is projected to reach USD 7.79 billion in 2030 and USD 10.36 billion by 2035, with a CAGR of 6.6% during the forecast period 2026 to 2035. In terms of solution, software automation secures 41% of the overall market share globally. In terms of technique, underground mining automation holds the largest share (21.65%) of mining automation industry.
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The global magneto resistive RAM market, valued at USD 6.63 billion in 2026, is projected to reach USD 29.51 billion in 2030 and USD 203.55 billion by 2035, with a CAGR of 45.28% during the forecast period 2026 to 2035. Based on areas of application, the enterprise storage sub-segment is contributing the maximum (42%) to the overall MRAM market size due to the advanced data protection properties of MRAM that safeguards data in power loss and critical data-in-flight situations. In October 2025, Q...
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The global non-dispersive infrared (NDIR) market, valued at USD 751.28 million in 2026, is projected to reach USD 1,042.12 million in 2030 and USD 1,590.34 million by 2035, with a CAGR of 8.69% during the forecast period 2026 to 2035. In October 2025, Teledyne GFD announced the unveiling of next-gen gas detector, MethaSense Trace, designed for continuous low-emission monitoring, detection and quantification with 50 ppm sensitivity utilizing non-dispersive infrared (NDIR) sensor technology, at AD...
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The global heat stress monitor market is projected to grow from USD 71.97 million in 2026 and USD 263.86 million by 2040, representing a CAGR of 9.72% during the forecast period. The heat stress monitor solutions market is segmented into various type of offering, such as hardware and services. According to our heat stress monitor growth forecast, the hardware segment will augment the segment's growth with the largest market share of over 55.6% by the next decade. The growth of this segment i...
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The global smart thermostat market, valued at USD 5.41 billion in 2025, is projected to reach USD 6.75 billion by 2026 and USD 85.27 billion by 2040, representing a CAGR of 19.86% during the forecast period 2026 to 2040. Wireless connectivity technology dominates the smart thermostat domain, accounting for 68.23% of the current market share. Among the different wireless connectivity technologies, Wi-Fi technology is expected to dominate the market. Connected thermostats dominate the current smar...
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The global ferroelectric FET market, valued at USD 0.57 billion in 2026, is projected to reach USD 2.17 billion in 2035 and USD 3.91 billion by 2040, representing a CAGR of 15.83% during the forecast period 2026 to 2040. For instance, in April 2025, Neumonda and Ferroelectric Memory Company (FMC) joined forces for the commercialization of FMC’s non-volatile DRAM+. In November 2025, Researchers team at Université Grenoble Alpes, Université Paris-Saclay (CNRS), and Université de Bordeaux dev...
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The global automotive cybersecurity market, valued at USD 5.46 billion in 2025, is projected to reach USD 6.60 billion in 2026 and USD 62.31 billion by 2040, with a 17.39% CAGR during the forecast period 2026 to 2040. In terms of leading region, Asia-Pacific holds the largest share while North America holds the second largest revenue. In August 2025, Panasonic automotive systems and VicOne expanded security innovations for next-generation vehicle cockpit systems, with its security software xCarb...
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The global precision gearbox market, valued at USD 4.78 billion in 2026, is projected to reach USD 7.47 billion in 2030 and USD 10.69 billion by 2035, representing a CAGR of 9.35% during the forecast period. In December 2025, Nabtesco added two new products “RVmini® Series” and “MonoCrank™ Series”. In May 2025, Mitsubishi Electric and Tramec entered into a strategic partnership to develop future-driven gearmotors based ultra-high efficiency EM-A series motors. The market is segmented...
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The global level transmitter market size, valued at USD 4.39 billion in 2026, is projected to reach USD 5.16 billion by 2030 and USD 5.85 billion by 2035, with a CAGR of 3.32% during the forecast period 2025 to 2035. In September 2025, NOVUS launched WL320, an advanced submersible level transmitter with slim design and stainless steel for narrow guide tubes and wells. This level transmitter provide level reading for supervisory systems and controllers. Ensuring Accuracy and Reliability Across Dy...
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The global spatial computing market, valued at USD 157.59 billion in 2025, is projected to reach USD 201.93 billion in 2026 and USD 1,205.43 billion by 2035, with a CAGR of 21.96% during the forecast period 2026- 2035. In terms of geography, North America holds 33.93% of the market share. In November 2025, ABB entered into a strategic collaboration with INFIVR in order to offer artificial Intelligence powered safety training for ABB’ employees, based on latter company’s AI and VR based inter...
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The global artificial lights market, valued at USD 103.87 billion in 2026, is projected to reach USD 120.71 billion in 2030 and USD 146.57 billion by 2035, with a CAGR of 3.90% during the forecast period 2026 to 2035. On the basis of leading region, Asia-Pacific holds the largest share with 44% share of the market. The increasing rate of urbanization and infrastructure development is majorly driving the artificial lights industry. In September 2025, Lepro launched AI lighting Pro series at IFA 2...
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Market is driven by postal automation market growth in e-commerce logistics, demand for cost reduction, rising labor costs, and the push for digital transformation. Ongoing innovation in AI, machine vision, and robotics is enabling postal operators to achieve rapid, error-free operations and address fluctuating workforce dynamics.
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