DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Photonic Sensor Market - Forecasts from 2017 to 2022" report to their offering.
Photonic Sensor Market is projected to witness a compound annual growth rate of 19.85% to reach a total market size of US$19.670 billion by 2022, from US$7.955 billion in 2017
Technological advancement and innovation in wireless sensing technology have led to the development of eco-friendly and energy efficient sensors. Focus on safety and security and increasing application of photonic sensor in the industrial segments such as oil and gas, and homeland security are some of the key factors driving the growth of the market.
Advancement in the field of IoT is expected to boost usage of the wireless photonic sensor. The increasing application of biophotonic sensor in medical and research laboratories will also provide a tremendous growth opportunity for photonic sensor manufacturers over the forecast period.
Key Topics Covered:
2. Research Methodology
3. Executive Summary
4. Market Dynamics
5. Photonic Sensor Technology Market Forecast by Type (US $ billion)
6. Photonic Sensor Market Forecast by Application (US$ billion)
7. Photonic Sensor Market Forecast by Geography (US$ billion)
8. Competitive Intelligence
9. Company Profiles
- Banner Engineering
- Baumer Holding AG
- OMRON Corporation
- Hamamatsu Photonics K.K.
- Honeywell International Inc.
- Mitsubishi Electric Corporation
- ON Semiconductor
- Smart Fiber
- A2 Photonics Sensors
For more information about this report visit https://www.researchandmarkets.com/research/hjxv3x/photonic_sensor