The Fog Detectors Global Market Report 2023, provides comprehensive information on the fog detectors market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Fog Detectors Global Market Report 2023, the 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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Use of artificial intelligence is the key trend gaining popularity in the fog detectors market going forward. 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.
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
North America was the largest region in the fog detectors market in 2022.
The table of contents in TBRC’s fog detectors market report includes:
- Executive Summary
- Fog Detectors Market Characteristics
- Fog Detectors Market Trends And Strategies
- Fog Detectors Market – Macro Economic Scenario
- Fog Detectors Market Size And Growth
…..
- Africa Fog Detectors Market
- Fog Detectors Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Fog Detectors Market
- Fog Detectors Market Future Outlook and Potential Analysis
- Appendix
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