Market Snapshot:
Optical sensing refers to the use of light (often through lasers or other light-based technologies) to detect, measure, and interpret various physical properties or environmental conditions. Increasing demand for advanced security features in smartphones has led to features such as an on-screen fingerprint scan and an optical sensor that detects and verifies fingerprints, driving the fiber optic sensor market. Source: https://www.mordorintelligence.com/industry-reports/optical-sensors-market. Intrinsic sensors measure various physical quantities like strain, temperature, pressure, and more by modulating the intensity, wavelength, or time of light in fiber.
Highlights from Optical Sensing Market Study
Attributes | Details |
---|
Study Period | 2020-2030 |
Base Year | 2024 |
Unit | Value (USD Million) |
CAGR | 15.47% |
The key Players profiled in the report are ROHM Semiconductor (Japan), ABB (Switzerland), Hamamatsu Photonics K.K. (Japan), AMS AG (Austria), Fairchild Semiconductor (US), Analog Devices Inc. (US), Texas Instruments Inc.(US), STMicroelectronics (Switzerland), Vishay Intertechnology, Inc. (US), Alphasense (UK) and Teledyne DALSA Inc. (Canada). Additionally, other players that are part of this comprehensive study are Oxsensis Ltd. (UK), RJC Enterprises LLC (US), Silixa Ltd. (UK), OPTEK Technology Inc. (US), Opsens Inc. (Canada), Intelligent Fiber Optic Systems Corporation (US) and Fotech Solutions Limited (UK).
Geographic Breakdown and Segment Analysis
The Global Optical Sensing market presents a comprehensive analysis of the Optical Sensing market by product type (Pressure and strain sensing, Temperature sensing, Biochemical sensing and Biometric and ambience sensing), by end-user/application (Pressure and Strain Sensing, Temperature Sensing, Geological Survey, Biochemical, Biometric and Ambience and Others), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Optical Sensing industry. Investors and Players can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the Optical Sensing market
Analyst at AMA have segmented the market study of Global Optical Sensing market by Type, Application and Region.
Influencing Trend:
Constant Technological Developments in Optical Sensors
Market Growth Drivers:
Physical Properties Suitable for Sensing in Harsh Environments
Challenges:
Need for Developing Cost-Effective Sensors
Restraints:
Cheaper Substitutes to Optical Sensors
Opportunities:
Promising Industrial IoT Applications and Rising Applications in Healthcare
Key Target Audience
Optical Sensing Technology Providers, Industry Associations, Directors and Others