Optical Sensing Market Overview
The Optical Sensing market forecast to reach $4.2 billion by 2026, growing at a CAGR of 9.4% from 2021 to 2026. The Optical Sensing Market is estimated to witness a sustainable growth over the forecast period majorly because of the increasing priorities on building automation. Along with this rising demand from the automotive, industrial, consumer electronics and defense sector, the government regulations on safety measures have also been increasing in recent years. These factors are expected to enhance the market growth of Optical Sensing in forecast period. An optical sensor converts light rays into an electronic signal.
Report Coverage
Key Takeaways
- The Optical Sensing Market is estimated to witness sustainable growth over the forecast period because these sensors offer several features such as high accuracy, compact size, electromagnetic radiation free and offer operation at difficult sites which are not accessible to humans. These features at various industries uplifts its market growth.
- With the growing demand of safety and adoption of high-grade wearable devices for the operators at majority of industrial sites has enhanced the Optical Sensing Market growth.
- Optical Sensors are resistant to electromagnetic interference due to which they are suitable to implement in high frequency microwave applications.
- Optical sensors are capable of working in a dynamic wavelength range and are resistant to high temperatures and chemically reactive environments. They are highly sensitive and have a high optical resolution. These features propel their applications in various industries thus enhancing its market growth.
Optical Sensing Market Segment Analysis - By Type
Optical Sensing Market Segment Analysis - By End Use Industry
Optical Sensing Market Segment Analysis - By Geography
Optical Sensing Market Drivers
Rise in Technology Advancement drives market growth
Increasing adoption of Genetic encoded Optical Sensors in Healthcare
Optical Sensing Market Challenges
Rising Substitutes of Optical Sensors
Optical Sensing Market Landscape
Acquisitions/Technology Launches/Partnerships
- In June 2019 Hamamatsu Photonics launched InGaAs, an area image sensor for hyperspectral cameras which are capable of detecting short-wavelength-infrared light up to 2.55 μm. It is the world’s longest wavelength detectable by this type of area image sensor.
Related Reports
LIST OF TABLES
1.Global Optical Sensing Market By Industry Market 2023-2030 ($M)1.1 Aerospace & Defense Market 2023-2030 ($M) - Global Industry Research
1.2 Utilities Market 2023-2030 ($M) - Global Industry Research
1.3 Oil & Gas Market 2023-2030 ($M) - Global Industry Research
1.4 Medical Market 2023-2030 ($M) - Global Industry Research
1.5 Construction Market 2023-2030 ($M) - Global Industry Research
1.6 Consumer Electronics Market 2023-2030 ($M) - Global Industry Research
2.Global Optical Sensing Market By Industry Market 2023-2030 (Volume/Units)
2.1 Aerospace & Defense Market 2023-2030 (Volume/Units) - Global Industry Research
2.2 Utilities Market 2023-2030 (Volume/Units) - Global Industry Research
2.3 Oil & Gas Market 2023-2030 (Volume/Units) - Global Industry Research
2.4 Medical Market 2023-2030 (Volume/Units) - Global Industry Research
2.5 Construction Market 2023-2030 (Volume/Units) - Global Industry Research
2.6 Consumer Electronics Market 2023-2030 (Volume/Units) - Global Industry Research
3.North America Optical Sensing Market By Industry Market 2023-2030 ($M)
3.1 Aerospace & Defense Market 2023-2030 ($M) - Regional Industry Research
3.2 Utilities Market 2023-2030 ($M) - Regional Industry Research
3.3 Oil & Gas Market 2023-2030 ($M) - Regional Industry Research
3.4 Medical Market 2023-2030 ($M) - Regional Industry Research
3.5 Construction Market 2023-2030 ($M) - Regional Industry Research
3.6 Consumer Electronics Market 2023-2030 ($M) - Regional Industry Research
4.South America Optical Sensing Market By Industry Market 2023-2030 ($M)
4.1 Aerospace & Defense Market 2023-2030 ($M) - Regional Industry Research
4.2 Utilities Market 2023-2030 ($M) - Regional Industry Research
4.3 Oil & Gas Market 2023-2030 ($M) - Regional Industry Research
4.4 Medical Market 2023-2030 ($M) - Regional Industry Research
4.5 Construction Market 2023-2030 ($M) - Regional Industry Research
4.6 Consumer Electronics Market 2023-2030 ($M) - Regional Industry Research
5.Europe Optical Sensing Market By Industry Market 2023-2030 ($M)
5.1 Aerospace & Defense Market 2023-2030 ($M) - Regional Industry Research
5.2 Utilities Market 2023-2030 ($M) - Regional Industry Research
5.3 Oil & Gas Market 2023-2030 ($M) - Regional Industry Research
5.4 Medical Market 2023-2030 ($M) - Regional Industry Research
5.5 Construction Market 2023-2030 ($M) - Regional Industry Research
5.6 Consumer Electronics Market 2023-2030 ($M) - Regional Industry Research
6.APAC Optical Sensing Market By Industry Market 2023-2030 ($M)
6.1 Aerospace & Defense Market 2023-2030 ($M) - Regional Industry Research
6.2 Utilities Market 2023-2030 ($M) - Regional Industry Research
6.3 Oil & Gas Market 2023-2030 ($M) - Regional Industry Research
6.4 Medical Market 2023-2030 ($M) - Regional Industry Research
6.5 Construction Market 2023-2030 ($M) - Regional Industry Research
6.6 Consumer Electronics Market 2023-2030 ($M) - Regional Industry Research
7.MENA Optical Sensing Market By Industry Market 2023-2030 ($M)
7.1 Aerospace & Defense Market 2023-2030 ($M) - Regional Industry Research
7.2 Utilities Market 2023-2030 ($M) - Regional Industry Research
7.3 Oil & Gas Market 2023-2030 ($M) - Regional Industry Research
7.4 Medical Market 2023-2030 ($M) - Regional Industry Research
7.5 Construction Market 2023-2030 ($M) - Regional Industry Research
7.6 Consumer Electronics Market 2023-2030 ($M) - Regional Industry Research
LIST OF FIGURES
1.US Optical Sensing Market Revenue, 2023-2030 ($M)2.Canada Optical Sensing Market Revenue, 2023-2030 ($M)
3.Mexico Optical Sensing Market Revenue, 2023-2030 ($M)
4.Brazil Optical Sensing Market Revenue, 2023-2030 ($M)
5.Argentina Optical Sensing Market Revenue, 2023-2030 ($M)
6.Peru Optical Sensing Market Revenue, 2023-2030 ($M)
7.Colombia Optical Sensing Market Revenue, 2023-2030 ($M)
8.Chile Optical Sensing Market Revenue, 2023-2030 ($M)
9.Rest of South America Optical Sensing Market Revenue, 2023-2030 ($M)
10.UK Optical Sensing Market Revenue, 2023-2030 ($M)
11.Germany Optical Sensing Market Revenue, 2023-2030 ($M)
12.France Optical Sensing Market Revenue, 2023-2030 ($M)
13.Italy Optical Sensing Market Revenue, 2023-2030 ($M)
14.Spain Optical Sensing Market Revenue, 2023-2030 ($M)
15.Rest of Europe Optical Sensing Market Revenue, 2023-2030 ($M)
16.China Optical Sensing Market Revenue, 2023-2030 ($M)
17.India Optical Sensing Market Revenue, 2023-2030 ($M)
18.Japan Optical Sensing Market Revenue, 2023-2030 ($M)
19.South Korea Optical Sensing Market Revenue, 2023-2030 ($M)
20.South Africa Optical Sensing Market Revenue, 2023-2030 ($M)
21.North America Optical Sensing By Application
22.South America Optical Sensing By Application
23.Europe Optical Sensing By Application
24.APAC Optical Sensing By Application
25.MENA Optical Sensing By Application
26.ROHM Semiconductor, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.ABB, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Hamamatsu Photonics K.K., Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.AMS AG, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Fairchild Semiconductor, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Texas Instruments Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Stmicroelectronics N.V., Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Alphasense, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Teledyne Dalsa Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Oxsensis Ltd., Sales /Revenue, 2015-2018 ($Mn/$Bn)
36.Key Innovators, Sales /Revenue, 2015-2018 ($Mn/$Bn)