---
title: 3 Markets In Sensors You Need To Know
description: Market trends in sensors industries. Market sizing for VASIMR engine technology, environmental sensing and monitoring, and lasers. Latest news in sensors.
---

[ BCC Research Blog | Industry Analysis and Business Consulting ](https://blog.bccresearch.com)

# [3 Markets In Sensors You Need To Know](https://blog.bccresearch.com/3-markets-in-sensors-you-need-to-know)

 Written by [Sarah Greenberg](https://blog.bccresearch.com/author/sarah-greenberg) | Sep 17, 2020 2:00:00 PM

As BCC Research has been covering the Sensors industry for 50 years, we like to keep an eye out for new advancements. Here’s some industry news we thought you should know.

**News In Sensors**

Malwarebytes just released a guide on [how COVID19 and the transition to remote work has impacted cybersecurity](https://resources.malwarebytes.com/files/2020/08/Malwarebytes_EnduringFromHome_Report_FINAL.pdf), and how organizations can handle the associated risks and vulnerabilities.

Facebook just built a tool that uses [embodied AI to help users find their lost phones](https://www.zdnet.com/article/facebook-is-building-robots-to-help-you-find-your-ringing-phone/).

The U.S. Department of Defense just approved [five drones for government use](https://www.theverge.com/2020/8/20/21376917/drone-us-government-approved-dod-diu-uas-blue-china).

**5-Year Market Forecasts**

Check out our recently published industry reports in Sensors. You can download complimentary overviews of each:

[VASIMR (Variable Specific Impulse Magnetoplasma Rocket) Engine ](https://www.bccresearch.com/market-research/engineering/vasimr-engine-market.html)

The global space industry was worth USD 355.5 billion in 2019. The market for rocket propulsion specifically was about USD 6.3 billion. The VASIMR engine, a type of electric propulsion technology, plays a crucial role in the development of space technology as well as the entire space industry.

[Environmental Sensing and Monitoring Technologies: Global Markets ](https://www.bccresearch.com/market-research/instrumentation-and-sensors/environmental-sensor-markets.html)

The global environmental sensing and monitoring technologies market should reach USD 25.9 billion by 2025 from USD 19.1 billion in 2020, growing 6.3% annually.

[Global Markets for Laser Systems, Components and Materials ](https://www.bccresearch.com/market-research/photonics/laser-systems-components-materials-global-markets-report.html)

The global market for lasers should grow from USD 14.5 billion in 2020 to USD 18.3 billion by 2025 at compound annual growth rate (CAGR) of 4.7%.

As these reports are part of our Sensors Collection, we’re happy to provide you with a 48-hour trial so you can take a look at all the additional reports. Just [explore our collection ](https://www.bccresearch.com/collections/sensors)and contact info@bccresearch.com for a free trial.

**Granular Market Data**

Need something different from our 5-year market forecasts? We can give you [Benchmarking data](https://www.bccresearch.com/benchmarking) (including the market impact of COVID19) that will help pivot in your business, inform your current projects and more.

[View full post](https://blog.bccresearch.com/3-markets-in-sensors-you-need-to-know)

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