Global Optical Sensor Market

Global Optical
Sensor Market
Share, Global Trends,
Analysis, Research, Report,
Opportunities,
Segmentation and Forecast,
2015 – 2025
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Report
Description
Report Description
Optical sensor converts the light into electric signals. It measures physical quantity of light and
converts light into form which can be interpreted by instrument. Optical sensor is connected to
electrical trigger which can reacts as per change in signal. Optical sensor has ability to measure
change in wavelength of light. Optical sensor works with either single point method or through
distribution point method. In single point method single phase change is required to activate the
sensor. In distribution point method, the sensor is reactive along a series of sensors.
Optical sensors have been evolved significantly since its introduction during the last four
decades. Technological advancement in last decade have resulted in development of optical
sensors that have been developed to be suitable to work with a wide range of wavelength from
ultraviolet (UV) to infrared (IR).
Global Optical Sensor Market Segmentation
Globally, the optical sensor market is segmented on the basis of sensor type, applications and
region. Optical sensor has various application in Consumer electronics, automation, industrial
process control, energy & utility, Military & Defense, transportation & navigation and others. The
consumer electronics application holds biggest market share in optical sensor market. On the
basis of type, global optical sensor market is segmented into – Fiber Optics, Image sensors,
Position sensors, Ambient Light sensors, Proximity sensors, Infrared sensors and others.
Report
Description
Report Description
Global Optical Sensor Market: Region-Wise Outlook
By region the global solid-state drive market can be segmented into seven region such as North
America, Latin America, Western Europe, Asia-Pacific (excluding Japan), Japan as a separate
Region, Eastern Europe, Middle East and Africa region. The global optical sensor market is
characterised by high competition and presence of few big players and several small regional
players. The global Optical sensor market is expected to reflect a double digit CAGR over the
forecast period. At present, share contribution of North America is highest in global Optical
sensor market. Asia Pacific region followed by Western Europe and Japan is expected to reflect
highest CAGR over the forecast period. Latin America and Middle East & Africa are expected to
experience slow growth as compared to other geographic regions. Increase in shipment of
optical sensor in Asia-Pacific region is attributed to increase in demand of handheld and mobile
devices in developing region such as China and India.
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Global Optical Sensor Market: Drivers
The optical sensors market has gained a significant market in the last couple of years. Significant
developments and innovations are taking place in global optical sensor market. Due to this,
market is expected to reflect exponential growth over the forecast period.
Report
Description
Report Description
The factor that drive the growth of global optical sensor market is significant increase in demand
of optical sensors for wide range of applications. Use of optical sensors in various applications
such as oil & gas, border security and smart homes applications has boosted the growth of
optical sensor market.
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On other hand, lack of standardization and high cost hinders the growth of optical sensor
market. Furthermore, lack of awareness and less acceptability of optical sensors is responsible
for hampering the growth of optical sensor market. Tremendous opportunities lies in developing
optical sensors for emerging applications.
Global Optical Sensor Market: Key Players
Some of the top companies present in global optical sensor market are Waloong Electric
Instruments Co. Ltd., Solution Galore Electronics, Shanghai Lanbao Sensing Technology Co. Ltd,
Profelmnet, I-Linear Automation Sdn Bhd, ZeeAnn, Shenzhen Leini-Lile Technology Ltd and
Medel Elektronik.
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