Smart phones and Tablets are the key growth contributors in the Optical Sensors Market Analysis

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Optical Sensors Market Analysis By Types
(Position, Light, Image, Photoelectric, Photo
detectors, Motion) Verticals (Material Handling,
Building Automation, Manufacturing, Packaging,
Security Surveillance) - With Forecast
(2015-2020)
Published on 27 July, 2015 Number of pages
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The research methodology used to estimate and
forecast Optical Sensors Market Analysis begins
with capturing data on key vendor revenue through
the secondary research.
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Summary of the Report 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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Topics Covered in this report 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. The Market for image sensors goes from
cameras to medical applications. The wide market
for image sensors is making it the largest
segment in the optical sensor industry. 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.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.       
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• 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. Image sensors are used in
  machine vision based products for assembly line
  monitoring and other automation purposes. Color
  sensors for example are used in the packaging,
  food and beverage industry for accuracy purposes.
  Compared to image sensors they are cheaper,
  faster and can be replaced easily.
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• The Major Companies in Image Sensors Market Are
• OmniVision Technologies, Ltd. (U.S.)
• Aptina Imaging Corporation (U.S.)
• Samsung Electronics Co., Ltd. (South Korea)
• Sony Corporation (Japan)
• Toshiba Corporation (Japan).

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Optical Sensors Market Analysis By Types
(Position, Light, Image, Photoelectric, Photo
detectors, Motion) Verticals (Material Handling,
Building Automation, Manufacturing, Packaging,
Security Surveillance) - With Forecast
(2015-2020)
A detailed qualitative analysis of the factors
responsible for driving and restraining growth of
the Optical Sensors Market Analysis and future
opportunities are provided in the report.
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2015-2020 Market Analysis Research Report