Sensor Testing Market Will Generate Record Revenue by 2029

Global sensor testing market is anticipated to grow at a CAGR of 5.8% during the forecast period (2023-2030). The global sensor testing industry is growing due to several factors which include the growing adoption of advanced technologies, and increasing safety concerns. Hence, the market players and government are focusing on testing sensors for safety concerns. In May 2023, a new low-cost star sensor, developed by astronomers from the Indian Institute of Astrophysics (IIA) from off-the-shelf components and was recently put into space by Isro's PSLV C-55 on April 22, started functioning properly in its first test-launch. Named 'StarBerrySense', the main function of the payload is to quickly and accurately calculate where a satellite is pointing in space as for any space mission, it is crucial to know the exact positioning of the satellite. The start sensor is capable of finding its pointing direction in space by identifying the stars in its field of view. The astronomers from the Space Payloads Group at the IIA have announced that not only has StarBerrySense withstood the harsh conditions in space and is functioning as expected, but the initial data shows that it can calculate the pointing direction. The StarBerrySense payload is being tested in space for the very first time.

In April 2023, MIT engineers designed a new nanoparticle sensor that could enable early diagnosis of cancer with a simple urine test. The sensors, which can detect many different cancerous proteins, could also be used to distinguish the type of tumor or how it is responding to treatment. The nanoparticles are designed so that when they encounter a tumor, they shed short sequences of DNA that are excreted in the urine. Analyzing these DNA "barcodes" can reveal distinguishing features of a particular patient's tumor. The researchers designed their test so that it can be performed using a strip of paper, similar to an at-home COVID test, which they hope could make it affordable and accessible to as many patients as possible.

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Market Coverage

The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030

Segment Covered- 

By Offering
By Type
By Application

Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World

Competitive Landscape- Fluke Corp., Teradyne, Inc., Pico Technology Ltd., Tektronix, Inc., Keysight Technologies, Inc., National Instruments Corp., Robert Bosch GmbH, Rohde & Schwarz GmbH & Co., and others. 

Sensor Testing Market Report Segment

By Offering

Hardware 
Oscilloscope
Multimeter
Spectrum Analyzer
Signal Generator
Software

By Type

Analog 
Digital 

By Application 

Automotive 
Healthcare 
Industrial 
Aerospace 
Consumer Electronics

A full Report of Sensor Testing Market is Available @  https://www.omrglobal.com/industry-reports/sensor-testing-market

Sensor Testing Market Report Segment by Region

North America                                                                                                           

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America
Middle East and Africa 

Company Profiles

B&K Precision Corp.
Digilent (an NI company)
H&B Sensors
Liquid Instruments, Inc. 
National Instruments Corp.
Olimex Ltd.
Pico Technology Ltd.
Robert Bosch GmbH
Rohde & Schwarz GmbH & Co.
Seeed Technology Co. Ltd. 
SGS SA
TE Connectivity Ltd.
Tektronix, Inc. 
TÜV Rheinland
TÜV SÜD

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