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Fog Detectors Market Report 2023-2032: Trends, Scope, Size, Growth, Insights And Forecast | Siemens AG, Honeywell International Inc., Johnson Controls International PLC, Xylem (Tideland), Dräger
Fog Detectors Market
The Business Research Company's Fog Detectors Global Market Report 2023 identifies increasing number of fog-related accidents as the major driver for the Fog Detectors market's growth in the forecast period. Fog and other low-visibility circumstances have a significant impact on weather-related crashes. Fog can make it extremely challenging to see nearby objects such as pedestrians, other vehicles, road signs, or real estate.
The global fog detectors market is expected to grow from $2.41 billion in 2022 to $2.55 billion in 2023 at a compound annual growth rate (CAGR) of 5.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The fog detectors market is expected to reach $3.10 billion in 2027 at a CAGR of 5.0%.
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Major competitors in the Fog Detectors market are Siemens AG, Honeywell International Inc., Johnson Controls International PLC, Xylem (Tideland), Dräger.
A key trend in the Fog Detectors market includes Use of artificial intelligence. Major companies operating in the fog detectors market are focusing on increasing the use of AI in their fog detector offerings. For instance, in May 2022, Dahua Technology, a China-based technology company, introduced the latest AI features to the Dahua WizSense solution portfolio, including IP cameras, PTZ cameras, NVRs, and XVRs. WizSense is focused on human and vehicle recognition with enhanced AI capabilities for image, video, and search operations, among other features. It uses an independent AI chip and a deep learning algorithm. A new feature is Dahua's AI scene self-adaption (SSA). Intelligent image technology leverages powerful deep learning algorithms to evaluate specific scenes (rain and fog, backlight, Anti-flicker Scene adaptation, etc.) and automatically adjust exposure parameters to ensure high image quality.
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The Fog Detectors market is segmented -
1. By Type: Portable Type, Fixed Type
2. By Technology: LiDAR-Based Fog Detectors, Infrared-Based Fog Detectors, Ultrasonic-Based Fog Detectors, Microwave-Based Fog Detectors, Other Technologies
3. By Application: Bridge Navigation, Met-Hydro Systems, Port And Harbor, Other Applications
4. By End-Use Industry: Aviation And Aerospace, Transportation And Logistics, Manufacturing And Warehousing, Oil And Gas, Maritime And Ports, Other End-User Industries
5. By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Fog Detectors market.
The Business Research Company's "Global Fog Detectors Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Fog Detectors Market Include:
1. Executive Summary
2. Fog Detectors Market Characteristics
3. Fog Detectors Market Trends And Strategies
4. Fog Detectors Market - Macro Economic Scenario
……
32. Global Fog Detectors Market Competitive Benchmarking
33. Global Fog Detectors Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Fog Detectors Market
35. Fog Detectors Market Future Outlook and Potential Analysis
36. Appendix
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