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Thin Film Sensor Market Size Worth US$ 3.8 billion by 2031, Garnering 3.8% CAGR: TMR Report

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The thin film sensor market is driven by the demand for compact, lightweight sensors, making them ideal for integration into various devices and systems.
WILMINGTON, Del., Oct. 26, 2023 /PRNewswire/ — The thin film sensor market was estimated to have acquired US$ 2.7 billion in 2022.  It is anticipated to register a 3.8% CAGR from 2023 to 2031, and by 2031, the market is likely to gain US$ 3.8 billion. The integration of thin film sensors with the Internet of Things (IoT) is opening up new vistas. These sensors can monitor various physical parameters and send real-time data to the cloud for analysis. This is crucial in applications such as industrial automation, smart agriculture, and healthcare.

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Thin film sensors are increasingly being used in wearable health devices, providing continuous, non-invasive monitoring of vital signs like glucose levels and blood pressure. The market is witnessing a surge in health-conscious consumers, making this a potentially lucrative sector. With advancements in flexible electronics, thin film sensors can be printed onto various surfaces, including clothing and packaging. This presents opportunities in interactive packaging, smart textiles, and conformable sensors for various industries.
Thin film sensors play a pivotal role in environmental monitoring and pollution control. They are being deployed to detect and measure pollutants, aiding in sustainable resource management. As emerging economies continue to grow, there is a burgeoning need for innovative solutions in healthcare, agriculture, and industrial automation, creating a ripe market for thin film sensors. The integration of thin film sensors with energy harvesting technologies is enabling self-sustaining sensor networks. These sensors can operate without external power sources, which is particularly valuable in remote or inaccessible locations.
Thin Film Sensor Market Report Scope:
Report Coverage
Details 
Forecast Period 
2023–2031
Base Year 
2017–2021
Size in 2022
US$ 2.7 Bn
Forecast (Value) in 2031
US$ 3.8 Bn
Growth Rate (CAGR)
3.8 %
No. of Pages
 
194 Pages
Segments covered
 
Type, Material, Application, End-use Industry
 
Key Findings of the Market Report
Temperature sensors dominate the thin film sensor market due to their wide application in industries like automotive, healthcare, and consumer electronics.Platinum is the dominating material among platinum, copper, nickel, and nickel/iron alloy in the thin film sensor market.The dominating application in the thin film sensor market is telecommunication satellites due to their critical sensing requirements in space.Market Trends for Thin Film Sensors
Thin film sensors find increasing use in industrial automation, enhancing precision in manufacturing processes and quality control.The aerospace sector relies on these sensors for critical data collection, ensuring safety and efficiency in aviation and space exploration.Thin film sensors contribute to advancements in consumer gadgets, from touchscreens to gaming controllers, improving user experiences.In the medical field, these sensors are pivotal in monitoring patients and enhancing diagnostic equipment for better healthcare outcomes.Thin film sensors play a role in structural health monitoring, aiding in the assessment of infrastructure and buildings for safety and maintenance.Global Market for Thin Film Sensor: Regional Outlook
North America, driven by technological innovation and robust R&D activities, boasts a substantial market share. The region’s focus on industries like healthcare, aerospace, and automotive contributes to the sensor market’s growth.In Europe, strict environmental regulations and a strong emphasis on sustainable technologies promote the adoption of thin film sensors, especially in automotive and industrial applications.Asia Pacific is a burgeoning hub for manufacturing, making it a hotspot for thin film sensor adoption in industries like electronics and automotive. The region’s economic growth and increasing technological investments make it a pivotal player in the global market.Enquiry Before Buying @ https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=30140
Global Thin Film Sensor Market: Key Players
The competitive landscape of the thin film sensor market is dynamic and robust, with several key players vying for market share. Industry leaders like Texas Instruments, Inc., Honeywell International Inc., and TE Connectivity dominate, leveraging their extensive experience and technological prowess.
Emerging players, such as sensing devices, Inc., are making their mark by focusing on niche applications and innovative sensor designs. Collaborations and partnerships between sensor manufacturers and end-users, like those in the automotive and healthcare sectors, are on the rise.
This landscape’s competitiveness is driven by the continuous quest for improved performance, miniaturization, and cost-effectiveness, making it a fascinating arena for innovation and market growth. The following companies are well-known participants in the global thin film sensor market:
AMETEK Inc.AMS Technologies AGEndress+Hauser Management AGGEOMATEC Co., Ltd.Heraeus HoldingHoneywell International Inc.Jiaxing JingKong Electronic Co.,LtdLittelfuse, Inc.OMEGA Engineering Inc.Sensing Devices LLCSenstech AGTE connectivityTekscan, Inc.United Electric ControlsVishay Intertechnology, Inc.WIKA Alexander Wiegand SE & Co. KGProduct Portfolio
AMETEK Inc. offers a diversified product portfolio that includes precision instruments and electromechanical devices for various industries, emphasizing innovation and excellence.AMS Technologies AG specializes in providing cutting-edge solutions in optics, thermal management, and power electronics for applications ranging from telecom to healthcare.Endress+Hauser Management AG is a global leader in process automation and instrumentation, delivering comprehensive solutions for measurement and control in the industrial sector.Global Thin Film Sensor Market Segmentation 
Type
Temperature SensorsPressure SensorsGas SensorsOthers (Position Sensors, Flow Sensors, etc.)Material
PlatinumCopperNickel and Nickel/Iron AlloyOthers (Silver, Gold, Molybdenum, etc.)Application
Space VehiclesTelecommunication SatellitesAutoclavesHVAC EquipmentMotor Windings and BearingsBattery PacksOthers (Household Appliances, Research, Life Sciences, etc.)End-use Industry
Aerospace & DefenseAutomotiveConsumer ElectronicsHealthcareIndustrialOthers (Oil & Gas, Chemical/Petrochemical, etc.)Region
North AmericaEuropeAsia PacificMiddle East & AfricaSouth AmericaPlace an Order Copy of Thin Film Sensor Market Report at:  https://www.transparencymarketresearch.com/checkout.php?rep_id=30140&ltype=S 
About Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Contact:Nikhil SawlaniTransparency Market Research Inc.CORPORATE HEADQUARTER DOWNTOWN,1000 N. West Street,Suite 1200, Wilmington, Delaware 19801 USATel: +1-518-618-1030USA – Canada Toll Free: 866-552-3453Website: https://www.transparencymarketresearch.com    Blog: https://tmrblog.com    Email: [email protected] 
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Sendbird Unveils Easy-to-Use AI Chatbot Tailored for Small Businesses

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SEOUL, South Korea, Feb. 28, 2024 /PRNewswire/ — Sendbird, a leading communications platform for web and mobile apps, has launched its AI chatbot, designed for easy setup and tailored to help small-to-medium-sized businesses (SMBs)  in various customer-facing sectors like e-commerce and healthcare. This affordable, no-code solution aims to enhance customer engagement and support. Businesses can access an AI chatbot starter package offering features such as chatbot personas creation, knowledge enrichment, workflow integration, and performance tracking analytics, all without requiring technical skills.

Furthemore, Sendbird has unveiled a developer-centric Pro package, which simplifies mobile app integration and provides more workflows and function calls for third-party software connections. These connections empower the AI chatbot to expand its capabilities and improve the competitiveness. For instance, the AI chatbot can offer personalized recommendations for flights, accommodations, or products.
Sendbird’s no-code AI chatbot seamlessly integrates with Sendbird Desk, its in-app chat customer service solution, providing businesses with a unified sales or support desk. This integration boosts automated efficiency while maintaining a nuanced understanding of human support, leading to swifter, more accurate responses and increased customer satisfaction.
Built on a real-time communication platform trusted by industry leaders like Rakuten, Paytm, Traveloka, Carousell, PayPay, Yahoo, DoorDash, Krafton, Sendbird’s AI chatbot ensures seamless integration with both websites and mobile applications. This enables businesses to streamline support processes, save time, and allocate resources effectively, exceeding customer expectations.
Sendbird CEO and Co-founder John S. Kim emphasizes the importance of making AI accessible to SMBs, stating, “Today, large enterprises and consumer brands effectively use AI to engage with their customers. But there is no way for a small company to compete. What we aim to do with our no-code AI chatbot is to make that technology accessible to SMBs.”
To explore the benefits firsthand, businesses can access a free trial of Sendbird’s AI chat bot at sendbird.com/products/ai-chatbot. Additionally, to enhance superior customer support and engagement further, go to Sendbird Desk at sendbird.com/products/customer-support.
About Sendbird
Sendbird is the all-in-one communication platform empowering web and mobile applications with customizable user experiences. Sendbird’s cutting-edge APIs unlock the potential of AI-powered chatbots, one-way notification messages, chat, video calls and live streaming, tailored for use in commerce, marketing, and exceptional customer support. Trusted by industry leaders such as Rakuten, Paytm, Traveloka, Carousell, PayPay, Yahoo, DoorDash, and Krafton, Sendbird powers over 7 billion interactions monthly for over 4000+ applications worldwide.
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Vieworks Unveils Cutting-Edge X-ray Imaging Solutions at ECR 2024

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ANYANG, South Korea, Feb. 27, 2024 /PRNewswire/ — Vieworks, a leading provider of medical and industrial X-ray imaging solutions, is gearing up to showcase its innovative lineup at the European Congress of Radiology (ECR) 2024, scheduled from February 28 to March 3 in Vienna, Austria. Vieworks will introduce a range of groundbreaking solutions including the VXvue software with AI diagnostic support for both human and veterinary applications, alongside X-ray flat panel detectors (Hall X3, Booth 324).

At the exhibition, Vieworks will unveil a total of 19 products, featuring 15 static and dynamic flat panel detectors accompanied by dedicated image acquisition software. Particularly noteworthy will be the introduction of the enhanced VXvue software integrated with AI diagnostic support solutions. 
Vieworks’ large-format and large-area detector products (VIVIX-S 1751S, VIVIX-S 4747V) are designed to optimize full-spine, half-body, and large-area imaging, offering static image detectors capable of capturing wider area images in a single scan compared to conventional models, thereby reducing patient radiation exposure. With advantages such as high resolution and swift image acquisition, these detectors enable more efficient diagnosis.
In addition to these innovations, Vieworks will showcase a variety of its flagship products, including FPDs for general radiography (VIVIX-S V, VIVIX-S F series), portable C-arms and fluoroscopy applications (VIVIX-D series), and digital detectors for breast examination (VIVIX-M series).
Developed in-house by Vieworks, VXvue is a user-centric image processing software designed to post-process clinical images acquired through X-ray detectors. With recent enhancements, VXvue can analyze X-ray clinical images of animals such as dogs and cats, providing abnormal findings related to musculoskeletal and thoracic diseases within 15 seconds. By offering post-processing of images along with information on the location of ailments and their probability, VXvue is poised to significantly improve the diagnostic process for veterinarians.
VXvue also offers advanced solutions for human application, incorporating the ‘PureImpact™’ technology, a high-performance image processing algorithm that enhances image clarity, and AI. This enables detailed depiction of soft tissue and skeletal structures with minimal radiation exposure.
A Vieworks spokesperson stated, “This year, we will continue to invest in innovative technologies such as AI to advance our product diversification and technological sophistication. Through these efforts, we aim to secure loyalty from our key customers in North America and Europe and expand our market share.”
ECR, regarded as one of the world’s largest congresses alongside the Radiological Society of North America (RSNA), anticipates participation from over 240 companies representing 35 countries.
About Vieworks Co., Ltd.
As a global leader in digital imaging in various applications from medical x-ray imaging to industrial x-ray inspection, Vieworks offers the most advanced x-ray flat panel detectors and software as a solution to the world. Vieworks creates new standards in the imaging industry by providing professionals with the most valued and high-quality images and offering innovative vision and insight for all. For more information, please visit xrayimaging.vieworks.com.
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Geotab Brings Conversational AI to Connected Transportation Solutions at Mobile World Congress

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Demonstrates Geotab Ace with AI capabilities to interpret complex data with natural-language processing – a game-changer in connected vehicle transformationEnables fleets to make faster data-driven decisions based on safety, route planning, maintenance schedules, sustainability, and moreVisit us for the Geotab Ace demo on the Ontario Canada exhibition in Hall 7, 7G61, Kiosk 11 at MWC
BARCELONA, Spain, Feb. 27, 2024 /CNW/ – Geotab Inc. (“Geotab”), a leading connected vehicle technology provider, will demonstrate its industry-first generative AI assistant for connected transportation, Geotab Ace, at Mobile World Congress. Geotab Ace is fueled by data-led AI processing capabilities analyzing more than 75 billion data points daily across global telecoms networks. Deeply integrated into MyGeotab, Geotab Ace instantly generates insights, while democratising and streamlining access to information to unlock new value from fleet data. 
Geotab Ace was launched earlier this month at Geotab Connect, with the first public demonstrations of the AI copilot being debuted at Mobile World Congress. Geotab Ace has access to an expansive array of insights, including predictive safety analytics, predictive maintenance, trip data, zone activity, electric vehicle statistics, exception events, GPS tracking, and more. This allows it to provide nuanced answers to a broad range of complex questions while remembering past interactions to improve future responses. Geotab Ace is built on privacy-by-design principles and keeps all customer telematics data within Geotab’s environment, never shared with any Large Language Model (LLM).
Enhancements to the user experience include tailored insights through intuitive dialogue with natural language processing – allowing organizations with fleets to extend on-demand insights in areas including safety, operations, maintenance, efficiency, and sustainability to assess the performance of their vehicles, assets, drivers, and more in simple, easy-to-understand terms.
Fleets can now significantly reduce the time taken to gain insights and access customized data reflections that are tailored to their specific needs, enhancing their capacity and expediency for making data-driven decisions.
“By bringing the intuitive simplicity of conversational AI directly into the Geotab platform, we are transforming the way fleets interact with their data, crafting a future where insights are immediate, intelligent, and instrumental to success,” said Edward Kulperger, Senior Vice President, Geotab EMEA. “It embodies our mission to simplify data analysis and unlock a world of trustworthy, insightful and actionable fleet intelligence.”
Geotab’s position as an industry trailblazer is reinforced by its 4 million globally connected vehicles, 50,000 customers across 160 countries, and an extensive telecoms carrier and partner network. This depth of expertise and global scale enables the company to develop unprecedented AI models, unlocking unmatched value and efficiency for fleets around the world.
Geotab Ace will be available to be experienced hands-on in the Ontario (Canada) Pavilion in Hall 7, 7G61, Kiosk 11 at Mobile World Congress from February 26 – 29, 2024.
To learn more about Geotab Ace, visit https://www.geotab.com/uk/ace/..
About GeotabGeotab is a global leader in connected transportation solutions. We provide telematics — vehicle and asset tracking — solutions to over 50,000 customers in 160 countries. For more than 20 years, we have invested in ground-breaking data research and innovation to enable partners and customers, including Fortune 500 and public sector organizations, to transform their fleets and operations. With over 4 million subscriptions and processing more than 75 billion data points a day, we help customers make better decisions, increase productivity, have safer fleets, and achieve their sustainability goals. Geotab’s open platform and Marketplace offers hundreds of third-party solution options. Backed by a team of industry-leading data scientists and AI experts, Geotab is unlocking the power of data to understand real-time and predictive analytics — solving for today’s challenges and tomorrow’s world. To learn more, visit www.geotab.com, follow @GEOTAB on Twitter and LinkedIn, or visit the Geotab Blog.

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