Market Overview:
The global optoelectronic switches market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for optoelectronic switches from various applications, such as machining, wastewater treatment, directional detection, and others. In addition, the growing demand for miniaturized and high-performance optoelectronic switches is also contributing to the growth of this market.
Product Definition:
An optoelectronic switch is a device that uses light to control the flow of electricity. They are used in a variety of applications, including telecommunications and data processing.
Amplifier Separated Type:
Amplifier Separated Type (ASO) is a new technology that has evolved from the amplifiers and lasers industry. It is used in optoelectronic switches such as optical isolators, optical attenuators, and Mach-Zehnder interferometers. The basic principle of ASO comprises of two laser beams which are separated by an intermediate waveplate along with a photodiode or Schottky barrier diode as an output coupler.
Built-In Amplifier Type:
The built-in amplifiers are used in optoelectronic switches to boost the signal strength. They work on the principle of boosting low level signals and reducing noise generated from photodiodes, transistors, etc. The major application areas of optoelectronic switches include consumer electronics (such as LED TVs), automotive & transportation, telecommunication equipment and medical devices among others.
Application Insights:
The others application segment includes security, traffic management, and medical applications. Optoelectronic switches find wide application in wastewater treatment plants as they help in the reduction of energy consumption and also aid in the optimization of operations. The growing adoption of optoelectronic equipment for traffic management is expected to drive demand over the forecast period.
The industry has witnessed a paradigm shift due to advancements made in technology that have led to an increase in usage of optoelectronics based solutions across several industries such as oil & gas, mining, food & beverage processing and many more. These solutions assist operators with asset protection by providing advanced safety features including blind-spot detection and intelligent lighting systems that alert drivers about their surroundings through acoustic or visual signals.
Regional Analysis:
The market in Asia Pacific is expected to grow at a significant rate over the forecast period owing to the increasing demand for optoelectronic switches from various end-use industries such as industrial, power generation, and others. The growing adoption of these devices in emerging economies such as China and India on account of rising manufacturing activities is anticipated to drive regional growth.
The market in Europe accounted for more than 25% revenue share in 2016 owing to high product penetration across several applications including wastewater treatment, machining centers & robots, traffic lights & security systems among others. However North America region is projected to be the largest Optoelectronic Switches Market by 2030 due mainly its rapid technological advancements along with increased spending on defense sector which drives innovation and development of advanced technologies required for military operations at different ranges using light rays instead of bullets thus making it an essential requirement within this industry space.
Growth Factors:
- Increasing demand for optoelectronic switches in data centers to manage the growing volume of data traffic
- Rising demand for optoelectronic switches from the telecommunications sector to meet the growing need for high-speed communication
- Growing popularity of optical networking technology, which is boosting demand for optoelectronic switches
- Proliferation of Internet of Things (IoT) and increasing deployment of smart sensors, which is driving the need for more efficient and faster switching solutions
- Development of next-generation optical technologies that require higher performance optoelectronic switches
Scope Of The Report
Report Attributes
Report Details
Report Title
Optoelectronic Switches Market Research Report
By Type
Amplifier Separated Type, Built-In Amplifier Type, Built-In Power Supply
By Application
Machining, Wastewater Treatment, Directional Detection, Others
By Companies
WIKA, NKK Switches, Optek Technology, AMETEK Factory Automation, Keyence, Fuji Electric Group
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Optoelectronic Switches Market Report Segments:
The global Optoelectronic Switches market is segmented on the basis of:
Types
Amplifier Separated Type, Built-In Amplifier Type, Built-In Power Supply
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
Machining, Wastewater Treatment, Directional Detection, Others
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:
- WIKA
- NKK Switches
- Optek Technology
- AMETEK Factory Automation
- Keyence
- Fuji Electric Group
Highlights of The Optoelectronic Switches 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:
- Amplifier Separated Type
- Built-In Amplifier Type
- Built-In Power Supply
- By Application:
- Machining
- Wastewater Treatment
- Directional Detection
- Others
- 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 Optoelectronic Switches 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
Optoelectronic switches are a type of electronic switch that uses light to control the flow of electricity. This technology is often used in devices such as digital cameras, cell phones, and laptops.
Some of the major companies in the optoelectronic switches market are WIKA, NKK Switches, Optek Technology, AMETEK Factory Automation, Keyence, Fuji Electric Group.
The optoelectronic switches market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Optoelectronic Switches 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. Optoelectronic Switches Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Optoelectronic Switches Market - Supply Chain
4.5. Global Optoelectronic Switches Market Forecast
4.5.1. Optoelectronic Switches Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Optoelectronic Switches Market Size (000 Units) and Y-o-Y Growth
4.5.3. Optoelectronic Switches Market Absolute $ Opportunity
5. Global Optoelectronic Switches 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. Optoelectronic Switches Market Size and Volume Forecast by Type
5.3.1. Amplifier Separated Type
5.3.2. Built-In Amplifier Type
5.3.3. Built-In Power Supply
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Optoelectronic Switches 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. Optoelectronic Switches Market Size and Volume Forecast by Application
6.3.1. Machining
6.3.2. Wastewater Treatment
6.3.3. Directional Detection
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Optoelectronic Switches 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. Optoelectronic Switches 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 Optoelectronic Switches 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. Optoelectronic Switches 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 Optoelectronic Switches Demand Share Forecast, 2019-2026
9. North America Optoelectronic Switches 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 Optoelectronic Switches 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 Optoelectronic Switches Market Size and Volume Forecast by Application
9.4.1. Machining
9.4.2. Wastewater Treatment
9.4.3. Directional Detection
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Optoelectronic Switches Market Size and Volume Forecast by Type
9.7.1. Amplifier Separated Type
9.7.2. Built-In Amplifier Type
9.7.3. Built-In Power Supply
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 Optoelectronic Switches Demand Share Forecast, 2019-2026
10. Latin America Optoelectronic Switches 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 Optoelectronic Switches 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 Optoelectronic Switches Market Size and Volume Forecast by Application
10.4.1. Machining
10.4.2. Wastewater Treatment
10.4.3. Directional Detection
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Optoelectronic Switches Market Size and Volume Forecast by Type
10.7.1. Amplifier Separated Type
10.7.2. Built-In Amplifier Type
10.7.3. Built-In Power Supply
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 Optoelectronic Switches Demand Share Forecast, 2019-2026
11. Europe Optoelectronic Switches 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 Optoelectronic Switches 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 Optoelectronic Switches Market Size and Volume Forecast by Application
11.4.1. Machining
11.4.2. Wastewater Treatment
11.4.3. Directional Detection
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Optoelectronic Switches Market Size and Volume Forecast by Type
11.7.1. Amplifier Separated Type
11.7.2. Built-In Amplifier Type
11.7.3. Built-In Pwer Supply
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 Optoelectronic Switches Demand Share, 2019-2026
12. Asia Pacific Optoelectronic Switches 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 Optoelectronic Switches 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 Optoelectronic Switches Market Size and Volume Forecast by Application
12.4.1. Machining
12.4.2. Wastewater Treatment
12.4.3. Directional Detection
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Optoelectronic Switches Market Size and Volume Forecast by Type
12.7.1. Amplifier Separated Type
12.7.2. Built-In Amplifier Type
12.7.3. Built-In Power Supply
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 Optoelectronic Switches Demand Share, 2019-2026
13. Middle East & Africa Optoelectronic Switches 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 Optoelectronic Switches 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 Optoelectronic Switches Market Size and Volume Forecast by Application
13.4.1. Machining
13.4.2. Wastewater Treatment
13.4.3. Directional Detection
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Optoelectronic Switches Market Size and Volume Forecast by Type
13.7.1. Amplifier Separated Type
13.7.2. Built-In Amplifier Type
13.7.3. Built-In Power Supply
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 Optoelectronic Switches Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Optoelectronic Switches Market: Market Share Analysis
14.2. Optoelectronic Switches Distributors and Customers
14.3. Optoelectronic Switches Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. WIKA
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. NKK Switches
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Optek Technology
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. AMETEK Factory Automation
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Keyence
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Fuji Electric Group
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
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
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
