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Optical Sensor Market: Key Strategies to Use to Dominate Globally 2020-2026

Author : Ronak Bora | Published Date : 2020-09-04 

Optical sensors market is Increasing adoption and utilization of smartphones across the globe is a major factor driving the growth. The reason for the same can be attributed to the security features and high camera resolutions offered by the latest smartphone devices. Moreover, growing importance of Industry 4.0 is also aiding the expansion of the market.

Estimates claim that optical sensors market is expected to be worth USD 36 billion by the year 2026. Prominent device manufacturers are integrating optical sensors in their respective products to meet the consumer demands of technologically advanced products. For instance, ams AG delivered a new light and infrared proximity sensor to Apple for the production of upcoming smartphones having the feature of 3D facial recognition.

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Elaborating further on product type, the fibre optic sensors segment is expected to see substantial growth across the market in the upcoming years. These sensors offer high resistance in conditions of intense EMI, chemical corrosion, high temperature, high voltage, and high-pressure environments making them suitable for application across defence & aerospace sector.

Hence, growing aerospace sector is fuelling the demand for fibre optics sensors. Additionally, photoelectric sensors offer high detection feature with small size which enables its usage across industrial manufacturing application, hence favouring the photoelectric optical sensors market outlook.

Top Key Players In Optical Sensor Market are ams AG, Broadcom Limited, HTM Sensors , Keyence Lite-On , Omron, ON Semiconductor , Panasonic Corporation ,Rockwell, ROHM Semiconductor, Sensopart Industriesensorik, SICK AG, Texas Instruments, TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION , Vishay

Considering the geographical landscape, numerous government initiatives in U.S. which encourage lightening technology will propel the need of optical sensors in intelligent lighting systems throughout the region. For instance, the city of Chicago is expected to save up to USD 10 million annually by replacing 270,000 city lights with smart LED control lights between 2019-2022.

On the other hand, surging demand of smartphones in India has led to increasing manufacturing of mobile phones which will drive the optical sensors market. The Indian Ministry of Electronic and IT stated that the country will witness the production of approximately 500 million smartphones in 2019, estimating to USD 46 billion. These factors across India, coupled with strict ADAS policies in Europe are boosting the growth of optical sensors market across the globe.

Table Of Content:

Chapter 4.   Optical Sensors Market, By Product

4.1.  Key trends, by product

4.2.  Photoelectric sensors

4.2.1. Market estimates and forecast, 2015 – 2026

4.2.2. Market estimates and forecast by technology, 2015-2026

4.2.3. Market estimates and forecast by application, 2015-2026

4.2.3.1.    Consumer Electronics

4.2.3.2.    Industrial

4.2.3.3.    Automotive & Transportation

4.2.3.4.    Food & Beverage

4.2.3.5.    Medical

4.3.  Ambient and proximity light sensors

4.3.1. Market estimates and forecast, 2015 – 2026

4.3.2. Market estimates and forecast by application, 2015-2026

4.3.2.1.    Consumer Electronics

4.3.2.2.    Industrial

4.3.2.3.    Automotive & Transportation

4.3.2.4.    Food & Beverage

4.3.2.5.    Medical

4.4.  Image sensors

4.4.1. Market estimates and forecast, 2015 – 2026

4.4.2. Market estimates and forecast by technology, 2015-2026

4.4.3. Market estimates and forecast by application, 2015-2026

4.4.3.1.    Consumer Electronics

4.4.3.2.    Industrial

4.4.3.3.    Automotive & Transportation

4.4.3.4.    Food & Beverage

4.4.3.5.    Medical

4.5.  Fibre optics sensors

4.5.1. Market estimates and forecast, 2015 – 2026

4.5.2. Market estimates and forecast by technology, 2015-2026

4.5.3. Market estimates and forecast by application, 2015-2026

4.5.3.1.    Consumer Electronics

4.5.3.2.    Industrial

4.5.3.3.    Automotive & Transportation

4.5.3.4.    Food & Beverage

4.5.3.5.    Medical

Chapter 5.   Optical Sensors Market, By Application

5.1.  Key trends, by application

5.2.  Consumer electronics

5.2.1. Market estimates and forecast, 2015 - 2026

5.3.  Industrial

5.3.1. Market estimates and forecast, 2015 - 2026

5.4.  Automotive & transportation

5.4.1. Market estimates and forecast, 2015 – 2026

5.5.  Food & beverages

5.5.1. Market estimates and forecast, 2015 - 2026

5.6.  Medical

5.6.1. Market estimates and forecast, 2015 - 2026

5.7.  Others (aerospace & defense)

5.7.1. Market estimates and forecast, 2015 - 2026

Chapter 6.   Optical Sensors Market, By Region (Revenue)

 6.1    Key trends by region

6.2    North America

6.2.4   U.S.

6.2.5   Canada

6.3    Europe

6.3.3   UK

6.3.4   Germany

6.3.5   France

6.3.6   Italy

6.3.6   Spain

6.4    Asia Pacific

6.4.3   China

6.4.4   India

6.4.5   Japan

6.5    Latin America

6.5.3   Brazil

6.5.4   Mexico

6.6    MEA

6.6.3   GCC

6.6.4   South Africa

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/optical-sensor-market

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About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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