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Optical Sensors Market Strong demand for precise, environmental friendly and safety system by 2024

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Request Sample of Report @ Demand for commercial and residential surveillance systems owing to rising security among individuals is expected to catalyze global optical sensors market size. Integration of these products in security as well as surveillance systems aids in accurate perimeter intrusion monitoring, presence and movement detection for smart homes. – PowerPoint PPT presentation

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Title: Optical Sensors Market Strong demand for precise, environmental friendly and safety system by 2024


1
Global Optical Sensors Market to Surpass 30bn by
2024 Fractovia.org
2
Key Insights of Optical Sensors Market
  • Optical sensors market is poised to register a
    lucrative CAGR of 7.5 over the period of
    2016-2024, with a projected revenue collection of
    more than USD 30 billion by 2024.
  • Optical sensors market already a billion-dollar
    business space is slated to almost double its
    industry share in the next seven years.
  • Owing to some of its unique features like light
    weight, compactness, passivity, and easy
    accessibility, these sensors offer dynamic
    sensing range, which provides them with a
    competitive edge over other counterparts.
    Continuous upgradation of mobile technology that
    has resulted in an acceleration in consumer
    demand for featured smartphones that support 3D
    mapping, restore recognition, eye tracking etc.,
    is further spurring the industrys rapid
    propulsion.
  • Superior sensitivity, amenability to
    multiplexing, and immunity against electronic
    interference are allowing optical sensors
    industry to be the most chosen sensor technology
    in various fields including aerospace and
    defense, healthcare, commercial surveillance, and
    industries. Medical space is actively partaking
    in optical sensors market.

3
Continued
  • Advancements in healthcare IT have resulted in
    the introduction of biomedical imaging sensors
    that are being extensively used in different
    medical units such as cardiovascular intensive
    care, ophthalmology, gastroenterology, angiology,
    as well as in dentistry. Optical sensors industry
    share from medical applications is expected to
    spectate massive growth in the years ahead,
    having held 12 of the total share in 2015.
  • Based on various categories of sensors that are
    available in the market, ambient light sensors
    and image sensors are experiencing large-scale
    adoption across numerous end use industries. A
    noticeable upsurge in consumer demand for
    featured electronic devices that provide various
    unique facilities like ambient light sensing,
    proximity detection, gesture recognition, is
    catalyzing ambient light optical sensors market.
    As per estimation, this industry is poised to
    grow massively at a CAGR of 7.9 over the period
    of 2016-2024.

4
Continued
  • Image optical sensors industry accounted for a
    major share in 2015, and is slated to grow
    significantly at a projected annual rate of 7.3
    over the coming seven years. These photo
    detectors are extensively in demand in various
    wearable electronics, that are used both in
    personal as well as in commercial applications.
  • Geographically, Asia pacific held a major chunk
    of optical sensors market in 2015 by covering
    more than 50 of the total volume. With
    increasing consumer electronics products demand
    across emerging regions such as India, China, and
    South Korea, APAC industry is expected to
    continue its dominance in the global landscape.
  • U.S. optical sensors industry is also anticipated
    to have substantial growth in the years ahead
    with the rising adoption of upgraded sensors for
    smart control system management and factory
    automation. Some of the prominent companies that
    are actively operating in optical sensors market
    include Canon, Samsung, Omnivision, and Sony.

5
China Optical Sensor Market size, by application,
2013-2024 (USD Million)

6

Browse Full Market Research Report Of Optical
Sensors Market _at_ http//bit.ly/2q9RG5d Request
for a Sample of this Research report _at_
https//www.fractovia.org/request-sample/413
7
Continued
  • Based on the product trends, image optical
    sensors market accounted for a considerably
    larger share (more than half of the total
    revenue) in 2015 and is poised to grow
    lucratively with a CAGR estimation of more than
    7.3 over the period 2016-2024. Image sensors or
    photo detectors are widely used in various
    wearable electronics equipment both in the
    commercial as well as the personal front.
  • The upsurge in consumer demand for electronic
    devices that will be able to provide proximity
    detection, ambient light sensing, and gesture
    recognition is fueling the ambient light sensors
    demand. It is estimated that ambient light
    optical sensors market will grow massively in the
    years ahead with an annual growth rate of 7.9
    over 2016-2024.

8
Continued
  • Geographically, the global market is majorly
    driven by Asia Pacific optical sensors market,
    with prominent revenue contributions being from
    countries such as China, India, and South Korea.
    Accelerating demand for consumer electronics
    along with untapped potential is boosting the
    regional growth. Wide adoption of hi-tech sensors
    in factory automation and smart control systems
    is pushing U.S. optical sensors industry.
  • Extensive research is being continuously done by
    key players to enhance the product portfolio
    which would offer better connectivity even in
    harsh environmental conditions. Some of the
    industry participants are also involved in
    mergers to attain a competitive edge.
  • For instance, Broadcom Incorporation is taken
    over by Avago Technologies to provide a
    diversified communication platform in
    semiconductors industry. players of the optical
    sensors market include Samsung, Sony, Omnivision,
    and Canon.

9
Table Content of Optical Sensors Market
Chapter 1 Methodology Scope 1.1 Research
Methodology 1.1.1 Initial data
exploration 1.1.2 Statistical model and
forecast 1.1.3 Industry insights and
validation 1.1.4 Research scope
assumptions 1.2 Data Sources Chapter 2
Executive Summary 2.1 Optical sensor industry
3600 synopsis, 2013 - 2024 2.1.1 Business
trends 2.1.2 Regional trends 2.1.3 Product
trends 2.1.4 Application trends
10
Continued
Chapter 3 Optical Sensor Industry
Insights 3.1 Optical sensor industry
segmentation 3.2 Industry Size and forecast,
2013 - 2024 3.3 Industry ecosystem
analysis 3.3.1 Vendor matrix 3.3.2
Distribution channel analysis 3.4 Technology
innovation landscape 3.4.1 Hyperspectral
Imaging 3.4.2 Near Infrared Spectroscopy
(NIR) 3.4.3 Photo-Acoustic Tomography
(PAT) 3.4.4 Optical Coherence Tomography
(OCT) 3.5 Regulatory Landscape 3.6 Industry
Impact forces 3.6.1 Growth drivers 3.6.1.1
Increasing applications in smart homes and
electronics 3.6.1.2 Growing demand from
healthcare and oil gas sector 3.6.2 Industry
pitfalls and challenges 3.6.2.1 High
installation costs and sensitivity
11
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