North America Optical Sensor Market is expected to reach USD XX Billion by 2024 from USD XX Billion in 2016 at a CAGR of XX% (Detailed analysis of the market CAGR is provided in the report). An optical sensor helps in converting light rays into the electronic signals. An optical sensor assesses the physical quantity of light and translates it into a form, which is understandable by an instrument. An optical sensor is usually part of a larger system integrating a light source and the measuring device connected to an electrical trigger. This trigger reacts to the change of the signal present within the light sensor. An optical sensor measures the changes from one or multiple light beams. Based on the changes, the light sensor operates as a photoelectric trigger with either increase or decrease in the electrical output. North America Optical Sensor Market is classified based on methodology, application, industry, and geography. The methodology segmentation for the market comprises of intrinsic and extrinsic. In addition, the optical sensor market considering the application areas includes temperature sensing, biochemical, pressure and strain sensing, geological survey, and biometric and ambiance. The market based on industry includes oil and gas, construction, aerospace and defense, medical, consumer electronics, and utilities. North America has seen the high application of intrinsic optical sensors that provide measurement advantages and have led the way for the development of rugged as well as reliable designs in sensor packaging. It further enables simple, and safe handling of all the sensor components. Optical sensors and the related interrogators offer numerous unique measurement advantages when compared with conventional electrical sensors. Historically, it was the integration of the optical measurement system with a critical selection of sensors and measurement systems. However, now the system includes extensive software development efforts by the end user for pulling the functionalities of the components together. Optical sensor systems share operational characteristics with various conventional electronic sensors systems such as sensor limits and alarm conditions. Companies in the USA have collaborated with the National Institute of Standards and Technology (NIST) present in the USA for documenting performance criteria for the interrogators. Accuracy, stability, and repeatability among others are all considered, and the instrument driving performance is validated using NIST-endorsed procedures. Optical sensors are also used across USA and Canada owing to some additional properties that are not represented in conventional sensor technologies that require software management and control. The optical spectrum provisioning along with spectral peak detection are two examples of the special properties in the advanced optical sensors. The company combines the traditionally useful attributes of conventional sensor software with the special needs of the optical sensor system. North America is one of the major markets for Optical Sensor globally with US and Canada forming two major regions profiled under the scope of the study. The growing influence of advanced sensors for application in various manufacturers has been a major factor that has influenced the growth of optical sensors in North America. Key Highlights: • North America Optical Sensor market size analysis and forecast • Comprehensive study and analysis of market drivers, restraints, and opportunities influencing the growth of the North America Optical Sensor market • North America Optical Sensor Market segmentation on the basis of methodology, industry, and application • North America Optical Sensor Market strategic analysis with respect to individual growth trends, future prospects along with a contribution of various sub-market stakeholders have been considered under the scope of a study • North America Optical Sensor Market analysis and forecast for major countries has been provided. • Profiling of key industry players, their strategic perspective, market positioning and analysis of core competencies • Competitive landscape of the key players operating in the Optical Sensor market including competitive developments, investments, and strategic expansion Years that have been considered for the study are as follows: • Base Year – 2016 • Estimated Year – 2017 • Forecast Period – 2017 to 2024 For company profiles, 2016 has been considered as the base year. In cases, wherein information was unavailable for the base year, the years prior to it have been considered. Research Methodology The market is estimated by triangulation of data points obtained from various sources and feeding them into a simulation model created individually for each market. The data points are obtained from paid and unpaid sources along with paid primary interviews with key opinion leaders (KOLs) in the market. KOLs from both, demand and supply side were considered while conducting interviews to get an unbiased idea of the market. This exercise was done at a country level to get a fair idea of the market in countries considered for this study. Later this country-specific data was accumulated to come up with regional numbers and then arrive at the global market value for North America Optical Sensor Market.
Some of the key players of the North America Optical Sensor market include:• SICK • Analog Devices, Inc. • Texas Instruments Inc. • Mouser • Festo • Honeywell • Melexis • Broadcom Limited • FISO • Omron • SCHOTT Key Target Audience: • Optical Sensor manufacturers • Raw material suppliers and distributors • Optical Sensor traders/suppliers • End-users/enterprise-users • Research institutes and organizations • Government bodies, venture capitalists, and private equity firms • Market research and consulting firms • Enterprise data center professionals
The scope of the North America Optical Sensor Market:The research report segments North America Optical Sensor market based on methodology, industry, and application.
North America Optical Sensor Market, By Methodology:• Intrinsic • Extrinsic
North America Optical Sensor Market, By Application:• Temperature Sensing • Biochemical • Pressure and Strain Sensing • Geological Survey • Biometric and Ambience
North America Optical Sensor Market, By Industry:• Oil and Gas • Construction • Aerospace and Defense • Medical • Consumer Electronics • Utilities
North America Optical Sensor Market, By Geography:• North America o US o Canada Geographic Analysis • Breakdown of US Optical Sensor market • Breakdown of Canada Optical Sensor market Available Customization Maximize Market Research offers customization of reports according to the specific requirement of our clients Optical Sensors Market
Table of Contents
North America Optical Sensor Market1. EXECUTIVE SUMMARY 2. RESEARCH METHODOLOGY 2.1. Market Definition 2.2. Market Scope 2.3. Data Sources 3. MARKET VARIABLES & SCOPE 3.1. Market Segmentation & Scope 3.2. Market Driver Analysis 3.3. Market Restraint Analysis 3.4. Penetration &Growth Prospect Mapping 4. NORTH AMERICA OPTICAL SENSOR METHODOLOGY ESTIMATES & TREND ANALYSIS (2016 – 2024) 4.1. Optical Sensor Market: Methodology Analysis 4.2. Intrinsic Optical Sensor 4.2.1. Intrinsic Optical Sensor market, 2016 – 2024 (USD billion) 4.3. Extrinsic Optical Sensor 4.3.1. Extrinsic Optical Sensor market, 2016 – 2024 (USD billion) 5. NORTH AMERICA OPTICAL SENSOR APPLICATION ESTIMATES & TREND ANALYSIS (2016 – 2024) 5.1. Optical Sensor Market: Application Analysis 5.2. Temperature Sensing Optical Sensor 5.2.1. Temperature Sensing market, 2016 – 2024 (USD billion) 5.3. Biochemical Optical Sensor 5.3.1. Biochemical Optical Sensor market, 2016 – 2024 (USD billion) 5.4. Pressure and Strain Sensing Optical Sensor 5.4.1. Pressure and Strain Sensing Optical Sensor market, 2016 – 2024 (USD billion) 5.5. Geological Survey Optical Sensor 5.5.1. Geological Survey Optical Sensor market, 2016 – 2024 (USD billion) 5.6. Motion Systems Optical Sensor 5.6.1. Motion Systems Optical Sensor market, 2016 – 2024 (USD billion) 5.7. Biometric and Ambience Optical Sensor 5.7.1. Biometric and Ambience Optical Sensor market, 2016 – 2024 (USD billion) 6. NORTH AMERICA OPTICAL SENSOR INDUSTRY ESTIMATES & TREND ANALYSIS (2016 – 2024) 6.1. Optical Sensor Market: Industry Analysis 6.2. Oil and Gas Optical Sensor 6.2.1. Oil and Gas Optical Sensor market, 2016 – 2024 (USD billion) 6.3. Construction Optical Sensor 6.3.1. Construction Optical Sensor market, 2016 – 2024 (USD billion) 6.4. Aerospace and Defense Optical Sensor 6.4.1. Aerospace and Defense Optical Sensor market, 2016 – 2024 (USD billion) 6.5. Medical Optical Sensor 6.5.1. Medical Optical Sensor market, 2016 – 2024 (USD billion) 6.6. Consumer Electronics Optical Sensor 6.6.1. Consumer Electronics Optical Sensor market, 2016 – 2024 (USD billion) 6.7. Utilities Optical Sensor 6.7.1. Utilities Optical Sensor market, 2016 – 2024 (USD billion) 7. REGIONAL OPTICAL SENSOR ESTIMATES & TREND ANALYSIS (2016 – 2024) 7.1. Optical Sensor market share by country, 2016 & 2025 7.2. US 7.2.1. US Optical Sensor market, 2016 – 2024 (USD billion) 7.3. Canada 7.3.1. Canada Optical Sensor market, 2016 – 2024 (USD billion) 8. MARKET COMPETITION ANALYSIS 8.1. Strategy Framework 8.2. Company Profiles 8.2.1. SICK 184.108.40.206. Company Overview 220.127.116.11. Financial Performance 18.104.22.168. Product Benchmarking 22.214.171.124. Strategic Initiatives 8.2.2. Omron 126.96.36.199. Company Overview 188.8.131.52. Financial Performance 184.108.40.206. Product Benchmarking 220.127.116.11. Strategic Initiatives 8.2.3. Analog Devices, Inc. 18.104.22.168. Company Overview 22.214.171.124. Financial Performance 126.96.36.199. Product Benchmarking 188.8.131.52. Strategic Initiatives 8.2.4. Texas Instruments Inc. 184.108.40.206. Company Overview 220.127.116.11. Financial Performance 18.104.22.168. Product Benchmarking 22.214.171.124. Strategic Initiatives 8.2.5. Mouser 126.96.36.199. Company Overview 188.8.131.52. Financial Performance 184.108.40.206. Product Benchmarking 220.127.116.11. Strategic Initiatives 8.2.6. Festo 18.104.22.168. Company Overview 22.214.171.124. Financial Performance 126.96.36.199. Product Benchmarking 188.8.131.52. Strategic Initiatives 8.2.7. Melexis 184.108.40.206. Company Overview 220.127.116.11. Financial Performance 18.104.22.168. Product Benchmarking 22.214.171.124. Strategic Initiatives 8.2.8. Honeywell 126.96.36.199. Company Overview 188.8.131.52. Financial Performance 184.108.40.206. Product Benchmarking 220.127.116.11. Strategic Initiatives 8.2.9. Broadcom Limited 18.104.22.168. Company Overview 22.214.171.124. Financial Performance 126.96.36.199. Product Benchmarking 188.8.131.52. Strategic Initiatives 8.2.10. FISO 184.108.40.206. Company Overview 220.127.116.11. Financial Performance 18.104.22.168. Product Benchmarking 22.214.171.124. Strategic Initiatives 8.2.11. SCHOTT 126.96.36.199. Company Overview 188.8.131.52. Financial Performance 184.108.40.206. Product Benchmarking 220.127.116.11. Strategic Initiatives