Optical Sensors Market is expected to grow from USD 1.12 Billion in 2017 to USD 3.60 Billion by 2024, at a CAGR of 15.73% between 2017 and 2024. (Detailed analysis of the market CAGR is provided in the report) Optical sensors market is segmented on the basis of Industry, Application, Methodology, and Geography. Increasing proliferation of smartphones and tablets, growing investments in R&D activities in the market, increasing penetration of automation techniques across industries industrial IoT surge, growth in fiber optic sensors segment, advancements in hyperspectral imaging, and increasing number of devices being integrated with additional features like gesture control, fingerprint scanners, image scanners, and GPS, the market for optical sensors are the major driving factors for the growth of the overall optical sensors market. However, the availability of cheaper substitutes in the market is the key restraining factor for the market growth. Further key findings from the report: • Pressure and strain sensing applications held the largest share of the optical sensor market in 2016. Optical sensors offer operations in harsh environments and have accurate measurement capability which makes it useful for applications such as oil & gas and aerospace & defense • From the industry segment aerospace & defense industry is anticipated to hold the largest market share between 2017 and 2024. However, medical industry to witness significant growth rate owing to increased investments for improving the form factor of the sensors • Among geographical regions, North America is anticipated to account for the largest share of the overall optical sensing market during the forecast period. An increasing use of optical sensors such as fiber-optic sensors in consumer electronics and oil & gas industry and high growth rate of industrial automation are the key driving factors for optical sensor market in this region • However, APAC region is anticipated to witness the highest CAGR in this segment. The increasing proliferation of smartphones and tablets in APAC countries such as China and India is contributing to the growth of optical sensor market in this region Key Highlights: • Analyzes competitive developments such as contracts, joint ventures, mergers & acquisitions, collaborations, product launches & developments, and research and development (R&D) in the Optical Sensors Market • The objective of the report is to provide a detailed analysis of the Optical Sensors Market on the basis of industry, application, methodology, and geography • Complete quantitative analysis of the industry from 2017 to 2024 to enable the stakeholders to capitalize on the prevailing market opportunities • In-depth analysis of the industry on the basis of market segments, market dynamics, market size, competition & companies involved value chain • Analysis of the Optical Sensors Market with respect to individual growth trends, prospects, and contribution to the total market • Segment wise business performance detailed in report will be worthwhile for the organizations willing to enhance its business • Provides detailed information regarding the major factors influencing the growth of the Optical Sensors Market (drivers, restraints, opportunities, and challenges) • This report would help stakeholders understand their competitors better and gain more insights to enhance their position in the business 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: Bloomberg, Hoovers, Factiva are some of the sites that are being referred to gain insights about Optical Sensors Market. Experts from top manufacturing companies along with other stakeholders have been considered. This is done to validate and collect critical information for evaluating trends related to this market during the forecast period. Top-down and bottom-up approaches have been used to estimate the global and regional size of this market. Data triangulation techniques along with other comparative analysis are also used to calculate the exact size of the Optical Sensors Market globally. Key Players in the Optical Sensors Market Are: • ABB • ROHM Semiconductor • AMS AG • Hamamatsu Photonics K.K. • Analog Devices, Inc. • Fairchild Semiconductor • Stmicroelectronics N.V. • Texas Instruments Inc. • Vishay Intertechnology, Inc. • Teledyne Dalsa Inc. • Alphasense • RJC Enterprises, LLC • Oxsensis Ltd. Key Target Audience: • Optical fiber manufacturers • Consumer electronics vendors • Optical sensing device manufacturers • 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 Optical Sensors Market:Research report categorizes the Optical Sensors Market based on industry, application, methodology, and geography (region wise). Market size by value is estimated and forecasted with the revenues of leading companies operating in the Optical Sensors Market with key developments in companies and market trends.
Optical Sensors Market, By Industry:• Oil and Gas • Construction • Aerospace and Defense • Medical • Consumer Electronics • Utilities
Optical Sensors Market, by Application:• Temperature Sensing • Biochemical • Pressure and Strain Sensing • Geological Survey • Biometric and Ambience
Optical Sensors Market, By Methodology:• Intrinsic • Extrinsic
Optical Sensors Market, By Geography:• North America • Europe • Asia Pacific • Middle East & Africa • Latin America Available Customization Maximize Market Research offers customization of report and scope of the report as per the specific requirement of our client. Position Sensor Market
Table of Contents
Optical Sensors Market1. EXECUTIVE SUMMARY 2. RESEARCH METHODOLOGY 2.1. Market Definition 2.2. Market Scope 2.3. Data Sources 3. MARKET DYNAMICS 3.1. Market Drivers 3.2. Market Restraints 3.3. Market Opportunities 4. END-USER OVERVIEW 4.1. Value Chain Analysis 4.2. Key Trends 5. OPTICAL SENSORS MARKET, BY INDUSTRY (2017-2024) 5.1. Introduction 5.2. Oil and Gas 5.2.1. Optical Sensors Oil and Gas Market Overview 5.2.2. Optical Sensors Oil and Gas Market Size & Forecast 5.3. Construction 5.3.1. Optical Sensors Construction Market Overview 5.3.2. Optical Sensors Construction Market Size & Forecast 5.4. Aerospace and Defense 5.4.1. Optical Sensors Aerospace and Defense Market Overview 5.4.2. Optical Sensors Aerospace and Defense Market Size & Forecast 5.5. Medical 5.5.1. Optical Sensors Medical Market Overview 5.5.2. Optical Sensors Medical Market Size & Forecast 5.6. Consumer Electronics 5.6.1. Optical Sensors Consumer Electronics Market Overview 5.6.2. Optical Sensors Consumer Electronics Market Size & Forecast 5.7. Utilities 5.7.1. Optical Sensors Utilities Market Overview 5.7.2. Utilities Market Size & Forecast 6. OPTICAL SENSORS MARKET, BY APPLICATION (2017-2024) 6.1. Introduction 6.2. Temperature Sensing 6.2.1. Optical Sensors Temperature Sensing Market Overview 6.2.2. Optical Sensors Temperature Sensing Market Size & Forecast 6.3. Biochemical 6.3.1. Optical Sensors Biochemical Market Overview 6.3.2. Optical Sensors Biochemical Market Size & Forecast 6.4. Pressure and Strain Sensing 6.4.1. Optical Sensors Pressure and Strain Sensing Market Overview 6.4.2. Optical Sensors Pressure and Strain Sensing Market Size & Forecast 6.5. Geological Survey 6.5.1. Optical Sensors Geological Survey Market Overview 6.5.2. Optical Sensors Geological Survey Market Size & Forecast 6.6. Biometric and Ambience 6.6.1. Optical Sensors Biometric and Ambience Market Overview 6.6.2. Optical Sensors Biometric and Ambience Market Size & Forecast 7. OPTICAL SENSORS MARKET, BY METHODOLOGY (2017-2024) 7.1. Introduction 7.2. Optical Sensors Intrinsic 7.2.1. Optical Sensors Intrinsic Market Overview 7.2.2. Optical Sensors Intrinsic Market Size & Forecast 7.3. Optical Sensors Extrinsic 7.3.1. Optical Sensors Extrinsic Market Overview 7.3.2. Optical Sensors Extrinsic Market Size & Forecast 8. OPTICAL SENSORS MARKET, BY GEOGRAPHY (2017-2024) 8.1. North America Optical Sensors Market 8.1.1. North America Optical Sensors Market, by Industry 8.1.2. North America Optical Sensors Market, by Application 8.1.3. North America Optical Sensors Market, by Methodology 8.1.4. North America Optical Sensors Market, by Region 18.104.22.168. U.S. Optical Sensors Market 22.214.171.124. Canada Optical Sensors Market 8.2. Europe Optical Sensors Market 8.2.1. Europe Optical Sensors Market, by Industry 8.2.2. Europe Optical Sensors Market, by Application 8.2.3. Europe Optical Sensors Market, by Methodology 8.2.4. Europe Optical Sensors Market, by Region 126.96.36.199. France Optical Sensors Market 188.8.131.52. Germany Optical Sensors Market 184.108.40.206. U.K .Optical Sensors Market 220.127.116.11. Rest of Europe Optical Sensors Market 8.3. Asia Pacific Optical Sensors Market 8.3.1. Asia-Pacific Optical Sensors Market, by Industry 8.3.2. Asia-Pacific Optical Sensors Market, by Application 8.3.3. Asia-Pacific Optical Sensors Market, by Methodology 8.3.4. Asia-Pacific Optical Sensors Market, by Region 18.104.22.168. China Optical Sensors Market 22.214.171.124. Japan Optical Sensors Market 126.96.36.199. India Optical Sensors Market 188.8.131.52. Australia Optical Sensors Market 184.108.40.206. South Korea Optical Sensors Market 220.127.116.11. Rest of Asia Pacific Optical Sensors Market 8.4. Middle East & Africa Optical Sensors Market 8.4.1. Middle East & Africa Optical Sensors Market, by Industry 8.4.2. Middle East & Africa Optical Sensors Market, by Application 8.4.3. Middle East & Africa Optical Sensors Market, by Methodology 8.4.4. Middle East & Africa Optical Sensors Market, by Region 18.104.22.168. South Africa Optical Sensors Market 22.214.171.124. Egypt Optical Sensors Market 126.96.36.199. Nigeria Optical Sensors Market 188.8.131.52. Rest of Middle East & Africa Optical Sensors Market 8.5. Latin America Optical Sensors Market 8.5.1. Latin America Optical Sensors Market, by Industry 8.5.2. Latin America Optical Sensors Market, by Application 8.5.3. Latin America Optical Sensors Market, by Methodology 8.5.4. Latin America Optical Sensors Market, by Region 184.108.40.206. Brazil Optical Sensors Market 220.127.116.11. Argentina Optical Sensors Market 18.104.22.168. Columbia Optical Sensors Market 22.214.171.124. Mexico Optical Sensors Market 126.96.36.199. Rest of Latin America Optical Sensors Market 9. OPTICAL SENSORS MARKET COMPETITION ANALYSIS 9.1 Optical Sensors Market Share/Positioning Analysis 9.2 Optical Sensors Key Innovators 9.3 Optical Sensors Company Profiles 9.3.1 ABB 188.8.131.52 Overview 184.108.40.206 Products/ End-User 220.127.116.11 Strategy 18.104.22.168 Key Developments 9.3.2 ROHM Semiconductor 22.214.171.124 Overview 126.96.36.199 Products/ End-User 188.8.131.52 Strategy 184.108.40.206 Key Developments 9.3.3 AMS AG 220.127.116.11 Overview 18.104.22.168 Products/ End-User 22.214.171.124 Strategy 126.96.36.199 Key Developments 9.3.4 Hamamatsu Photonics K.K. 188.8.131.52 Overview 184.108.40.206 Products/ End-User 220.127.116.11 Strategy 18.104.22.168 Key Developments 9.3.5 Analog Devices, Inc. 22.214.171.124 Overview 126.96.36.199 Products/ End-User 188.8.131.52 Strategy 184.108.40.206 Key Developments 9.3.6 Fairchild Semiconductor 220.127.116.11 Overview 18.104.22.168 Products/ End-User 22.214.171.124 Strategy 126.96.36.199 Key Developments 9.3.7 Stmicroelectronics N.V. 188.8.131.52 Overview 184.108.40.206 Products/ End-User 220.127.116.11 Strategy 18.104.22.168 Key Developments 9.3.8 Texas Instruments Inc. 22.214.171.124 Overview 126.96.36.199 Products/ End-User 188.8.131.52 Strategy 184.108.40.206 Key Developments 9.3.9 Vishay Intertechnology, Inc. 220.127.116.11 Overview 18.104.22.168 Products/ End-User 22.214.171.124 Strategy 126.96.36.199 Key Developments