Market Overview:
The global photonic sensors and detectors market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for photonic sensors and detectors in defence and security, medical and healthcare, chemicals and petrochemicals, consumer electronics, and other applications. The fibre optic sensors segment is expected to hold the largest share of the global photonic sensors and detectors market by type during the forecast period. This segment is expected to grow at a CAGR of 8% during the forecast period from 2018 to 2030.
Product Definition:
A photonic sensor or detector is a device that senses optical signals. These devices can be used to detect light, radiation, and other electromagnetic signals. The importance of photonic sensors and detectors lies in their ability to provide information about the environment without being invasive.
Fibre Optic Sensors:
Fibre optic sensors are the most advanced type of photonic sensor. They are used in various applications such as security, surveillance, and intelligent building automation among others. Fibre optic sensors have a wide range of application areas owing to their unique properties such as immunity to electromagnetic interference and ability to operate at long distances without any loss in terms of signal strength. These factors make them suitable for use in military intelligence gathering, satellite communications, law enforcement surveillance activities etc.
Biophotonic Sensors:
Biophotonic sensors are photonic devices that use light as a medium for information transfer. They are used in medical imaging, biotherapy monitoring, and optical biosensors. Biophotonic sensors can be used to measure the concentration of any substance including drugs or hormones in the body without touching it with a needle. It is an innovative technology that uses visible light instead of IR or UV radiations for diagnostic purposes by using living tissues as detectors and sources of illumination.
Application Insights:
The market is segmented by application into seven categories, namely; defence & security, medical & healthcare, chemicals and petrochemicals, consumer electronics, energy and power generation industries. The other applications include environmental monitoring and space exploration. Photonic sensors have numerous applications in the aforementioned sectors owing to their ability to provide real-time data on a continuous basis with high accuracy.
Photonic sensor technology has witnessed significant growth in recent years owing to its wide range of applications across diverse industry verticals such as oil and gas for process control; food processing for quality inspection; traffic management for road safety; water treatment using photonics technologies that help monitor the condition of equipment or system performance issues due to lack of proper maintenance etc. These factors are anticipated to drive demand over the forecast period thereby propelling market growth during the study period.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of major industry participants and technological advancements. The region is expected to maintain its dominance over the forecast period due to increasing government funding for research & development activities in photonic sensors and detectors. Moreover, growing demand for highly reliable products with enhanced performance from various end-use industries such as defense & security, consumer electronics, etc., is anticipated to drive regional growth over the forecast period.
Asia Pacific region accounted for a significant share of revenue in 2017 owing to rising investments by key players in this region along with continuous R&D activities on advanced photonic technologies. In addition, rapid industrialization coupled with increasing adoption of consumer electronics products such as smartphones and tablets has led Asia Pacific market growth during recent years which is expected continue over next eight years till 2030 AD owing Photonics 2025 initiative by China's State Council (Council Of Ministers).
Growth Factors:
- Increasing demand for miniaturization in sensing and detection devices
- Proliferation of optical fiber networks and the internet of things (IoT)
- Development of new materials and fabrication techniques for photonic sensors and detectors
- Growing demand for security and surveillance systems
- Advances in machine learning and artificial intelligence that can be used to improve the performance of photonic sensors
Scope Of The Report
Report Attributes
Report Details
Report Title
Photonic Sensors and Detectors Market Research Report
By Type
Fibre Optic Sensors, Biophotonic Sensors, Image Sensors, Others
By Application
Defence & Security, Medical & Healthcare, Chemicals & Petrochemicals, Consumer Electronics, Others
By Companies
Hamamatsu Photonics, Omron, ON Semiconductor, Samsung, Sony Corporation, Keyence, Pepperl+Fuchs, Prime Photonics, Banpil Photonics, NP Photonics
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Photonic Sensors and Detectors Market Report Segments:
The global Photonic Sensors and Detectors market is segmented on the basis of:
Types
Fibre Optic Sensors, Biophotonic Sensors, Image Sensors, Others
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
Defence & Security, Medical & Healthcare, Chemicals & Petrochemicals, Consumer Electronics, 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:
- Hamamatsu Photonics
- Omron
- ON Semiconductor
- Samsung
- Sony Corporation
- Keyence
- Pepperl+Fuchs
- Prime Photonics
- Banpil Photonics
- NP Photonics
Highlights of The Photonic Sensors and Detectors 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:
- Fibre Optic Sensors
- Biophotonic Sensors
- Image Sensors
- Others
- By Application:
- Defence & Security
- Medical & Healthcare
- Chemicals & Petrochemicals
- Consumer Electronics
- 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 Photonic Sensors and Detectors 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?
Photonic sensors and detectors are devices that use light to detect or measure physical phenomena. They can be used in a variety of applications, including security, medical diagnostics, and environmental monitoring.
Some of the key players operating in the photonic sensors and detectors market are Hamamatsu Photonics, Omron, ON Semiconductor, Samsung, Sony Corporation, Keyence, Pepperl+Fuchs, Prime Photonics, Banpil Photonics, NP Photonics.
The photonic sensors and detectors market is expected to grow at a compound annual growth rate of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Photonic Sensors and Detectors 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. Photonic Sensors and Detectors Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Photonic Sensors and Detectors Market - Supply Chain
4.5. Global Photonic Sensors and Detectors Market Forecast
4.5.1. Photonic Sensors and Detectors Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Photonic Sensors and Detectors Market Size (000 Units) and Y-o-Y Growth
4.5.3. Photonic Sensors and Detectors Market Absolute $ Opportunity
5. Global Photonic Sensors and Detectors 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. Photonic Sensors and Detectors Market Size and Volume Forecast by Type
5.3.1. Fibre Optic Sensors
5.3.2. Biophotonic Sensors
5.3.3. Image Sensors
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Photonic Sensors and Detectors 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. Photonic Sensors and Detectors Market Size and Volume Forecast by Application
6.3.1. Defence & Security
6.3.2. Medical & Healthcare
6.3.3. Chemicals & Petrochemicals
6.3.4. Consumer Electronics
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Photonic Sensors and Detectors 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. Photonic Sensors and Detectors 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 Photonic Sensors and Detectors 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. Photonic Sensors and Detectors 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 Photonic Sensors and Detectors Demand Share Forecast, 2019-2026
9. North America Photonic Sensors and Detectors 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 Photonic Sensors and Detectors 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 Photonic Sensors and Detectors Market Size and Volume Forecast by Application
9.4.1. Defence & Security
9.4.2. Medical & Healthcare
9.4.3. Chemicals & Petrochemicals
9.4.4. Consumer Electronics
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Photonic Sensors and Detectors Market Size and Volume Forecast by Type
9.7.1. Fibre Optic Sensors
9.7.2. Biophotonic Sensors
9.7.3. Image Sensors
9.7.4. Others
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 Photonic Sensors and Detectors Demand Share Forecast, 2019-2026
10. Latin America Photonic Sensors and Detectors 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 Photonic Sensors and Detectors 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 Photonic Sensors and Detectors Market Size and Volume Forecast by Application
10.4.1. Defence & Security
10.4.2. Medical & Healthcare
10.4.3. Chemicals & Petrochemicals
10.4.4. Consumer Electronics
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Photonic Sensors and Detectors Market Size and Volume Forecast by Type
10.7.1. Fibre Optic Sensors
10.7.2. Biophotonic Sensors
10.7.3. Image Sensors
10.7.4. Others
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 Photonic Sensors and Detectors Demand Share Forecast, 2019-2026
11. Europe Photonic Sensors and Detectors 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 Photonic Sensors and Detectors 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 Photonic Sensors and Detectors Market Size and Volume Forecast by Application
11.4.1. Defence & Security
11.4.2. Medical & Healthcare
11.4.3. Chemicals & Petrochemicals
11.4.4. Consumer Electronics
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Photonic Sensors and Detectors Market Size and Volume Forecast by Type
11.7.1. Fibre Optic Sensors
11.7.2. Biophotonic Sensors
11.7.3. Image Sensors
11.7.4. Others
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 Photonic Sensors and Detectors Demand Share, 2019-2026
12. Asia Pacific Photonic Sensors and Detectors 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 Photonic Sensors and Detectors 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 Photonic Sensors and Detectors Market Size and Volume Forecast by Application
12.4.1. Defence & Security
12.4.2. Medical & Healthcare
12.4.3. Chemicals & Petrochemicals
12.4.4. Consumer Electronics
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Photonic Sensors and Detectors Market Size and Volume Forecast by Type
12.7.1. Fibre Optic Sensors
12.7.2. Biophotonic Sensors
12.7.3. Image Sensors
12.7.4. Others
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 Photonic Sensors and Detectors Demand Share, 2019-2026
13. Middle East & Africa Photonic Sensors and Detectors 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 Photonic Sensors and Detectors 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 Photonic Sensors and Detectors Market Size and Volume Forecast by Application
13.4.1. Defence & Security
13.4.2. Medical & Healthcare
13.4.3. Chemicals & Petrochemicals
13.4.4. Consumer Electronics
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Photonic Sensors and Detectors Market Size and Volume Forecast by Type
13.7.1. Fibre Optic Sensors
13.7.2. Biophotonic Sensors
13.7.3. Image Sensors
13.7.4. Others
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 Photonic Sensors and Detectors Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Photonic Sensors and Detectors Market: Market Share Analysis
14.2. Photonic Sensors and Detectors Distributors and Customers
14.3. Photonic Sensors and Detectors Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Hamamatsu Photonics
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Omron
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ON Semiconductor
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Samsung
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Sony Corporation
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Keyence
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Pepperl+Fuchs
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Prime Photonics
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Banpil Photonics
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. NP Photonics
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
