DUBLIN--(BUSINESS WIRE)--The "Global Optical Sensors Market - By Sensor Type , Application, Geography, Trends, Forecast - 2017 - 2022" report has been added to Research and Markets' offering.
The global optical sensors market was valued at USD 16.21 billion in 2016 and is expected to reach a value of USD 24.86 billion by the end of 2022, growing at a projected CAGR of 7.39% during the forecast period of 2017-2022. Optical sensors has gained significant amount of capital in R&D considering the advantages they provide as compared to traditional sensors. Considering the advantages of optical fibres, sensor arrays can help in cost reduction and increases flexibility.
The market will grow at a steady pace during the forecast period. Advancement in mobile technology with new features and models is expected to change the market dynamics for optical sensors, and will further change the scenario for silicon technology. Companies are shifting their focus towards silicon technology to address the demand for power saving technology.
The Asia-pacific holds the major share for sensor penetration due to increase in the growth of the sectors such as manufacturing, retail and automation. It is estimated that emerging economies is expected to be the major market for optical sensors in the near future.
- Mouser Electronics Inc.
- Sick AG
- Rockwell Automation
- Honeywell Inc.
- Eaton Corporation
- Turck inc.
- Robert Bosch GmbH
- Atmel Corporation
- ST Microelecronics inc
- Hitachi Ltd
- Omnivision Inc.
Key Topics Covered:
2. Research Approach and Methodology
3. Executive Summary
4. Market Dynamics
5. Global Optical Sensors Market - Segmented by Technology
6. Global Optical Sensors Market - Segmented by Type
7. Global Optical Sensors Market - Segmented by Application
8. Global Optical Sensors Market - Segmented by Region
9. Company Profiles
10. Investment Analysis
11. Future of Optical Sensors Market
For more information about this report visit https://www.researchandmarkets.com/research/bzr4vb/global_optical