Proximity Sensor Market to Witness Robust Growth: Key Trends and Opportunities
The proximity sensor market is projected to grow from USD 4.3 billion in 2024 and is projected to reach USD 6.6 billion by 2030; it is expected to grow at a CAGR of 7.5% from 2024 to 2030. The growth of the proximity sensor market is driven by the increasing adoption of non-contact sensing technology, the rising integration of proximity sensors in smart devices and consumer electronics, and the growing...