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Fog Detectors Market Future Growth, Demand Analysis, New Trends And Forecast 2033

04-23-2024 10:06 AM CET | IT, New Media & Software

Press release from: The Business research company

Fog Detectors Market

Fog Detectors Market

The fog detectors market size has grown strongly in recent years. It will grow from $2.55 billion in 2023 to $2.69 billion in 2024 at a compound annual growth rate (CAGR) of 5.5%. The growth in the historic period can be attributed to aviation safety advancements, transportation infrastructure improvement, industrial operations optimization, weather prediction and monitoring, automotive safety improvements.

The fog detectors market size is expected to see strong growth in the next few years. It will grow to $3.27 billion in 2028 at a compound annual growth rate (CAGR) of 5.1%. The growth in the forecast period can be attributed to healthcare facility safety, fog detection in renewable energy, integration in industrial iot, adoption in autonomous vehicles, emerging technologies in sensing. Major trends in the forecast period include fog detection in urban planning, fog detection in agriculture, enhanced data visualization, artificial intelligence integration, multi-sensor fusion technology.

Market Overview -
Fog detectors refer to devices that detect changes in visibility and can be used to control navigational aids when visibility falls below a set threshold. Fog is detected by examining the backscattering veil or halo that forms around a light source.

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The Surge In Demand For Fog Detectors Amidst Rising Fog-Related Accidents
The increasing number of fog-related accidents is expected to propel the growth of the fog detectors market going forward. 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. Fog detectors are the devices that identify changes in the weather and provide alerts or triggers when visibility drops below a given level to reduce accidents or collisions. For instance, in February 2023, according to the US Department of Transportation, a US-based executive department of the federal government, there were more than 38,700 car accidents in fog per year. Each year, these collisions result in the deaths of over 600 people and the injuries of over 16,300. Therefore, the increasing number of fog-related accidents is driving the growth of the fog detectors market.

Competitive Landscape -
Major companies operating in the fog detectors market report are Siemens AG, Honeywell International Inc., Johnson Controls International PLC, Xylem (Tideland), Dräger, Axis Communications AB, Vaisala Oyj, EMCORE Corporation, Campbell Scientific Inc., Orga BV, All Weather Inc., Pharos Marine Automatic Power Limited, Rainwise, La Semaforica Srl, Rokem Group, Belfort Instrument Company, Sabik Marine (Carmanah), Semprong Sakti Utama, Sice Srl, G. Lufft Mess- und Regeltechnik GmbH, Bristol Industrial & Research Associates Ltd., Davis Instruments, Columbia Weather Systems, Shandong Renke Control Technology Co.Ltd., High Sierra Electronics Inc.

The Integration Of Artificial Intelligence In Fog Detectors Market
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.

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Key Segments -
The fog detectors market covered in this report 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

Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics

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