SAN FRANCISCO, Oct. 21, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Nanosensors - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE Edition: 5; Released: April 2021 Executive Pool: 526 Companies: 41 - Players covered include Analog Devices, Inc.; Denso Corporation; FLIR Systems, Inc.; Freescale Semiconductor, Inc.; Omron Corporation; Robert Bosch GmbH; Roche Nimblegen, Inc.; Sensonor; Silicon Designs Inc.; STMicroelectronics NV; Toshiba Corporation and Others. Coverage: All major geographies and key segments Segments: End-Use (Healthcare, Consumer Electronics, Automotive & Industrial, Aerospace & Defense, Power Generation, Other End-Uses) Geographies: World; United States; Canada; Japan; China; Europe ( France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
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Global Nanosensors Market to Reach $12.5 Billion by 2026Amid the COVID-19 crisis, the global market for Nanosensors estimated at US$419.1 Million in the year 2020, is projected to reach a revised size of US$12.5 Billion by 2026, growing at a CAGR of 75.5% over the analysis period. Healthcare, one of the segments analyzed in the report, is projected to record a 79.7% CAGR and reach US$9.9 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Consumer Electronics segment is readjusted to a revised 70.2% CAGR for the next 7-year period.
The U.S. Market is Estimated at $242.5 Million in 2021, While China is Forecast to Reach $1.9 Billion by 2026The Nanosensors market in the U.S. is estimated at US$242.5 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.9 Billion by the year 2026 trailing a CAGR of 71.3% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 68.2% and 63.8% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 50.6% CAGR.
Automotive & Industrial Segment to Reach US$2.8 Billion by the year 2026In the global Automotive & Industrial segment, USA, Canada, Japan, China and Europe will drive the 76.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$74.1 Million in the year 2020 will reach a projected size of US$3.9 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More
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About Global Industry Analysts, Inc. & StrategyR™Global Industry Analysts, Inc., ( www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.
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SOURCE Global Industry Analysts, Inc.