The global optical sensing market is expected to grow at a CAGR of 8.5% during the forecast period, from 2021 to 2030. The growth of this market is driven by the increasing demand for optical sensors in various applications such as aerospace and defense, utilities, oil and gas, medical, construction and consumer electronics. The increasing use of optical sensors in these applications is due to their ability to provide accurate measurements with high precision.
The global pressure and strain sensing segment accounted for the largest share of the global optical sensing market in 2018. This segment is expected to continue its dominance throughout the forecast period owing to its wide application across various industries such as aerospace & defense, utilities, oil & gas and medical among others. Pressure sensors are used extensively in aircrafts for measuring altitude or airspeed while strain gauges are used extensively in pipelines for monitoring pipeline pressure or temperature changes which can lead to leaks or ruptures respectively.
Asia Pacific was one of the fastest growing regions globally during 2018-2030 owing mainly due to rapid industrialization coupled with an increase in demand from emerging economies such as India and China among others which has led manufacturers towards investing heavily on research & development activities within this region.
- The increasing demand for optical sensing in the automotive industry is a major factor driving the growth of this market.
- The increasing use of optical sensing in various industries such as healthcare, manufacturing, and retail is also a major factor driving the growth of this market.
- The growing need for high-quality and accurate data to be collected by sensors is another factor that will drive the growth of this market over the forecast period.
- Increasing investments by governments and private organizations in research and development activities related to optical sensing are also expected to fuel its growth over the forecast period.
- Increasing adoption rates of smartphones with advanced camera features such as autofocus, image stabilization, face detection, etc, will also fuel its growth over the forecast period.
Industry Growth Insights published a new data on “Optical Sensing Market”. The research report is titled “Optical Sensing Market research by Types (by Type, Pressure and strain sensing, Temperature sensing, Biochemical sensing, Biometric and ambience sensing, by Method, Extrinsic, Intrinsic), By Applications (Aerospace & defense, Utilities, Oil & gas, Medical, Construction, Consumer electronics), By Players/Companies ROHM Semiconductor , ABB, Hamamatsu Photonics, AMS AG, Fairchild Semiconductor, Analog Devices, Texas Instruments, Stmicroelectronics, Vishay Intertechnology, Alphasense, Teledyne Dalsa, Oxsensis, RJC Enterprises”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Optical Sensing Market Research Report
By Type
by Type, Pressure and strain sensing, Temperature sensing, Biochemical sensing, Biometric and ambience sensing, by Method, Extrinsic, Intrinsic
By Application
Aerospace & defense, Utilities, Oil & gas, Medical, Construction, Consumer electronics
By Companies
ROHM Semiconductor , ABB, Hamamatsu Photonics, AMS AG, Fairchild Semiconductor, Analog Devices, Texas Instruments, Stmicroelectronics, Vishay Intertechnology, Alphasense, Teledyne Dalsa, Oxsensis, RJC Enterprises
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Optical Sensing Market Report Segments:
The global Optical Sensing market is segmented on the basis of:
Types
by Type, Pressure and strain sensing, Temperature sensing, Biochemical sensing, Biometric and ambience sensing, by Method, Extrinsic, Intrinsic
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Aerospace & defense, Utilities, Oil & gas, Medical, Construction, Consumer electronics
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ROHM SemiconductorÂ
- ABB
- Hamamatsu Photonics
- AMS AG
- Fairchild Semiconductor
- Analog Devices
- Texas Instruments
- Stmicroelectronics
- Vishay Intertechnology
- Alphasense
- Teledyne Dalsa
- Oxsensis
- RJC Enterprises
Highlights of The Optical Sensing Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- by Type
- Pressure and strain sensing
- Temperature sensing
- Biochemical sensing
- Biometric and ambience sensing
- by Method
- Extrinsic
- Intrinsic
- By Application:
- Aerospace & defense
- Utilities
- Oil & gas
- Medical
- Construction
- Consumer electronics
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Optical Sensing Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Optical sensing is the process of acquiring information about the environment using light. Optical sensors can be used to detect objects and their properties, measure distances, and identify colors.
Some of the key players operating in the optical sensing market are ROHM Semiconductor‚Â , ABB, Hamamatsu Photonics, AMS AG, Fairchild Semiconductor, Analog Devices, Texas Instruments, Stmicroelectronics, Vishay Intertechnology, Alphasense, Teledyne Dalsa, Oxsensis, RJC Enterprises.
The optical sensing market is expected to grow at a compound annual growth rate of 8.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Optical Sensing Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Optical Sensing Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Optical Sensing Market - Supply Chain
4.5. Global Optical Sensing Market Forecast
4.5.1. Optical Sensing Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Optical Sensing Market Size (000 Units) and Y-o-Y Growth
4.5.3. Optical Sensing Market Absolute $ Opportunity
5. Global Optical Sensing Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Optical Sensing Market Size and Volume Forecast by Type
5.3.1. by Type
5.3.2. Pressure and strain sensing
5.3.3. Temperature sensing
5.3.4. Biochemical sensing
5.3.5. Biometric and ambience sensing
5.3.6. by Method
5.3.7. Extrinsic
5.3.8. Intrinsic
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Optical Sensing Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Optical Sensing Market Size and Volume Forecast by Application
6.3.1. Aerospace & defense
6.3.2. Utilities
6.3.3. Oil & gas
6.3.4. Medical
6.3.5. Construction
6.3.6. Consumer electronics
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Optical Sensing Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Optical Sensing Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Optical Sensing Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Optical Sensing Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Optical Sensing Demand Share Forecast, 2019-2029
9. North America Optical Sensing Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Optical Sensing Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Optical Sensing Market Size and Volume Forecast by Application
9.4.1. Aerospace & defense
9.4.2. Utilities
9.4.3. Oil & gas
9.4.4. Medical
9.4.5. Construction
9.4.6. Consumer electronics
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Optical Sensing Market Size and Volume Forecast by Type
9.7.1. by Type
9.7.2. Pressure and strain sensing
9.7.3. Temperature sensing
9.7.4. Biochemical sensing
9.7.5. Biometric and ambience sensing
9.7.6. by Method
9.7.7. Extrinsic
9.7.8. Intrinsic
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Optical Sensing Demand Share Forecast, 2019-2029
10. Latin America Optical Sensing Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Optical Sensing Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Optical Sensing Market Size and Volume Forecast by Application
10.4.1. Aerospace & defense
10.4.2. Utilities
10.4.3. Oil & gas
10.4.4. Medical
10.4.5. Construction
10.4.6. Consumer electronics
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Optical Sensing Market Size and Volume Forecast by Type
10.7.1. by Type
10.7.2. Pressure and strain sensing
10.7.3. Temperature sensing
10.7.4. Biochemical sensing
10.7.5. Biometric and ambience sensing
10.7.6. by Method
10.7.7. Extrinsic
10.7.8. Intrinsic
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Optical Sensing Demand Share Forecast, 2019-2029
11. Europe Optical Sensing Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Optical Sensing Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Optical Sensing Market Size and Volume Forecast by Application
11.4.1. Aerospace & defense
11.4.2. Utilities
11.4.3. Oil & gas
11.4.4. Medical
11.4.5. Construction
11.4.6. Consumer electronics
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Optical Sensing Market Size and Volume Forecast by Type
11.7.1. by Type
11.7.2. Pressure and strain sensing
11.7.3. Temperature sensing
11.7.4. Biochemical sensing
11.7.5. Biometric and ambience sensing
11.7.6. by Method
11.7.7. Extrinsic
11.7.8. Intrinsic
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Optical Sensing Demand Share, 2019-2029
12. Asia Pacific Optical Sensing Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Optical Sensing Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Optical Sensing Market Size and Volume Forecast by Application
12.4.1. Aerospace & defense
12.4.2. Utilities
12.4.3. Oil & gas
12.4.4. Medical
12.4.5. Construction
12.4.6. Consumer electronics
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Optical Sensing Market Size and Volume Forecast by Type
12.7.1. by Type
12.7.2. Pressure and strain sensing
12.7.3. Temperature sensing
12.7.4. Biochemical sensing
12.7.5. Biometric and ambience sensing
12.7.6. by Method
12.7.7. Extrinsic
12.7.8. Intrinsic
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Optical Sensing Demand Share, 2019-2029
13. Middle East & Africa Optical Sensing Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Optical Sensing Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Optical Sensing Market Size and Volume Forecast by Application
13.4.1. Aerospace & defense
13.4.2. Utilities
13.4.3. Oil & gas
13.4.4. Medical
13.4.5. Construction
13.4.6. Consumer electronics
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Optical Sensing Market Size and Volume Forecast by Type
13.7.1. by Type
13.7.2. Pressure and strain sensing
13.7.3. Temperature sensing
13.7.4. Biochemical sensing
13.7.5. Biometric and ambience sensing
13.7.6. by Method
13.7.7. Extrinsic
13.7.8. Intrinsic
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Optical Sensing Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Optical Sensing Market: Market Share Analysis
14.2. Optical Sensing Distributors and Customers
14.3. Optical Sensing Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ROHM Semiconductor
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. ABB
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Hamamatsu Photonics
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. AMS AG
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Fairchild Semiconductor
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Analog Devices
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Texas Instruments
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Stmicroelectronics
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Vishay Intertechnology
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Alphasense
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Teledyne Dalsa
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Oxsensis
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. RJC Enterprises
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
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