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According to the latest findings by the International Organization of Motor Vehicle Manufacturers (OICA), the number of automotives produced globally surpassed 95 million units in 2018. The modern  automotive sector is well guided and directed by governmental guidelines to counter carbon footprints. For example,  United States Environmental Protection Agency has mandated automotive OEMs to install specific apparatuses to counter emissions. These developments have led automotive OEMs to install apparatus to monitor and regulate hazardous emissions from vehicles. Consequently, the oxygen sensors market is gaining profound traction, and its global market size was valued at $1.37 billion in 2018. Apart from automotive, oxygen sensors are being employed in various industrial sectors such as mining, oil production plants, and chemical plants owing to their ability to measure oxygen concentration and deliver alerts for abnormal conditions in combustible settings.  With all...

The global revenue generated by  Automated Storage and Retrieval Systems  in 2020 was $6.7billion, owing to growing need for automation in the supply chain industry, the market is estimated to grow at a CAGR of 6.1% throughout the forecast period. Unit Load and Mini Load Systems account for 54% of the market in 2020 and are projected to grow at a high rate of 7.9% through 2026. APAC is the market leader in 2020 accounting for 38% of the market. The region is expected to grow at the highest rate of 7.4% through 2026. What is Automated Storage and Retrieval Systems? Automated storage and retrieval systems, often referred as AS/RS, are a type of  warehouse technology  wherein goods are automatically brought and placed back into storage. This is typically achieved by pairing the technology with warehouse execution software (WES) that manages the process and guides warehouse personnel process orders. AS/RS system has numerous advantages that help in making the warehouse o...

  Pressure sensor are devices that detects, measures, and transmits data pertaining to fluid and gas flow, speed, water level, and altitude. With its sense of pressure it also helps in evaluating human medical conditions, and  wearable medical devices market  a prominent employer of pressure sensors in healthcare setting is forecast to reach $41 billion by 2020. Performance of devices and components in various sectors including automotive, consumer electronics, oil and gas, healthcare, and industrial are monitored by pressure sensors, thus forewarning any adjustments and avoiding mechanical break-down to curb adverse economic effects and inefficiency in production. Owing to its adjacent sectors experiencing unprecedented demand delivered via global industrialization, pressure sensors market size with ample opportunities is worth $5.11 billion as of 2018. Request Sample Pressure Sensors Market Outlook: Microelectromechanical Systems (MEMS pressure sensors) through its appl...