Photoelectric Sensors Market Expanding at a CAGR of 21.2%, Rising Demand in Parking Infrastructure and Automotive Sectors
According to a new market report published by Transparency Market Research "Photoelectric Sensors Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024" the photoelectric sensors market was valued at US$400 million in 2015, which is expected to reach US$1,703.2 million by 2024, growing at a CAGR of 17.8% from 2015 to 2024,in terms of revenue. In terms of volume, the market was valued 30.5 million units in 2015 and is expected to reach 167.0 million...
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