FLUID SENSORS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Key Developments

• In July 2023, STMicroelectronics, a global semiconductor leader serving customers across the spectrum of electronics applications, launched  its latest FlightSense multi-zone distance sensors with enhanced capabilities. The new sensors can perform 3D scene mapping while simultaneously measuring the distance to multiple objects in multiple zones within their field of view.
• In May 2023, PSGBiotech, a provider of advanced pump, flow-sensor, and flow-measurement technologies for the life sciences and biopharmaceutical industries, launched its latest BioProTT FlowSU System alongside updated SumoFlo CPFM-8103 Single-Use Coriolis Mass Flow Meter technologies. The BioProTTFlowSU System is designed specifically for single-use biopharma applications, enhancing the company's portfolio of innovative solutions.
• In September 2022, Digi-Key Electronics, a leading global distributor of electronic components and automation products based in the U.S., announced a distribution agreement with Schneider Electric, one of the largest suppliers of electrical and automation and control products in the world
• In October 2020, Flusso, a fabless semiconductor company spun out of the University of Cambridge, launched the world's smallest flow sensors as part of a low-cost and complete digital flow sensing solution. The company's award-winning FLS110 sensor is designed for easy integration into high-volume consumer and industrial applications, revolutionizing the way companies measure and regulate the flow of liquids and gases.