Optical Sensors Market Analysis and Opportunities 2015-2020

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Optical Sensors Market Forecast (2015 - 2020)
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Optical Sensors Market Forecast (2015 - 2020)
Optical Sensors Market Analysis By Types
(Position, Light, Image, Photoelectric,
Photodetectors, Motion) Verticals (Material
Handling, Building Automation, Manufacturing,
Packaging, Security Surveillance) - With
Forecast (2015-2020)
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Optical Sensors Market Forecast (2015 - 2020)
Optical Sensors Market Overview
Optical sensors are electronic detectors which
work on the presence or absence of light or
infrared rays and convert the same into an
electronic signal. Usually they are part of a
much larger system where this electronic signal
is interpreted or analyzed in different ways to
produce a result like presence of a person,
capturing an image, movement of an object or
position of an object and so on.
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Optical Sensors Market Forecast (2015 - 2020)
Optical Sensors Market Estimations

• The Global Optical Sensors Market is predicted to
  grow at 9.81 CAGR and reach a Market Size of 34
  Billion by 2020 in the forecast period of
  2015-2020 according to the Market Report by
  IndustryARC.
• The Image Sensors Market alone is estimated to
  grow at 11 CAGR with CMOS sensors occupying more
  than 90 share.

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Optical Sensors Market Forecast (2015 - 2020)
Optical Sensors Market Driving Factors

• The Global Optical Sensor Market is rapidly
  growing across the globe due to the increase in
  demand for the handheld devices like tablets and
  smart phones. Smart phones and Tablets are the
  key growth contributors and as long as the market
  persists there will be increase in demand for
  optical sensors like light and proximity sensors.
• On the other hand image sensor market is
  skyrocketing compared to other sensors as its
  very widely used.

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Optical Sensors Market Forecast (2015 - 2020)
Optical Sensors Market Driving Factors

• The global automation industry, particularly the
  process automation and industry is growing at
  around 6.3 and they are the primary growth
  drivers for the global optical sensors market.
  Increasing use of automation in different
  industry verticals like food and beverage,
  chemicals, petrochemicals, paper and pulp,
  packaging drives the need for installation of
  products or hardware which uses optical sensors
  on a larger scale.
• The major trend driving the global Optical sensor
  market is miniaturization and improved
  communication capabilities, which enables their
  integration into various devices and machines
  without compromising other functionalities.

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Optical Sensors Market Forecast (2015 - 2020)
Optical Sensors Market Growth and Trends

• The Global Optical Sensor Market is slated to
  grow at 9.81 CAGR year on year for next 5 years
  to reach 34billion by 2020.
• According to IndustryARC research, Image Sensors
  has been successful in going viral from cameras
  to medical applications. This wide and growing
  demand for image sensors is making it the largest
  segment in the optical sensor industry.
• North America is the leading market for sensors
  globally, with the U.S. being the major market in
  the region. Asia Pacific region is one of the
  fastest growing regions for sensor market, on
  account of increasing adoption of smartphones.

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Optical Sensors Market Forecast (2015 - 2020)
Optical Sensors Market Segmentation

• Optical Sensors Market is broadly segmented into
  3 broad types based on few factors
• By Product Type Position Sensors, Light Sensors,
  Image Sensors, Photoelectric Sensors, Photo
  detectors, Safety Sensors, Motion Sensors and IR
  Detectors.
• By End Use Verticals Automotive, Aerospace,
  Chemical, Building, FB, Packaging, Paper
  Print, Security Surveillance, Manufacturing and
  Others.
• By Geography Americas, Europe, APAC and ROW.

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Optical Sensors Market Forecast (2015 - 2020)
Key Market Players of Optical Sensors Market

• The Key Players in the Optical Sensors Market
  are
• OmniVision Technologies, Ltd.,
• Aptina Imaging Corporation,
• Samsung Electronics Co., Ltd.,
• Sony Corporation
• Toshiba Corporation.
• The report on the Optical Sensors Market by
  IndustryARC provides a complete list of Key
  Players with their Product Portfolios, Financials
  and SWOT Analysis.

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THE ARC PROCESS
1. Get a top down Estimate of the market 2.
Follow it up with a bottom up estimate of the
market. 3. Check for consistency and new growth
factors that that are relevant over the next 10
Years 4. Build the
1.Granular breakdown of the drivers into
factors 2. Validating all factors in terms of
their present impact on the market. 3.
Assigning weights to these factors in terms or
their relevance impact on the market. 4. Build
the
1. Verify the findings of the model with experts
from across the value chain. 2. Verify the
findings with players across small and large
enterprises 3. Tweak the model and add new
factors 4. Finalize the
1. Granular breakdown of drivers into factors 2.
Validating all factors in terms of their present
impact on the market. 3. Assigning weights to
these factors in terms of their relevance
impact on the market. 4. Build the
Consolidated Model
ARC Model
Base Model
Analytical Model
Consolidated Model
Base model
ARC Model
Analytical Model
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