openPR Logo
Press release

Global Photonic Sensors & Detectors Market: Industry Development Scenario and Forecast to 2026

05-07-2018 01:25 PM CET | IT, New Media & Software

Press release from: Market Research Reports Search Engine - MRRSE

MRRSE

MRRSE

Market Research Report Search Engine (MRRSE) recently announced the addition of a new research study to its comprehensive collection of research reports. The research report, titled “Photonic Sensors & Detectors Market: Global Industry Analysis & Opportunity Assessment, 2016 - 2026” offers a detailed analysis of the market, providing insights into the market dynamics that are expected to influence the overall market positively in the next few years. Furthermore, the product segmentation, drivers, barriers, key geographical segments, and the competitive scenario of the Global Photonic Sensors & Detectors market have been elaborated upon in the research report.

Request Sample pages of this report @ https://www.mrrse.com/sample/2678

Photonics is the technology of generating and harnessing light and other forms of radiant energy whose quantum unit is the photon. The science of photonics includes light emission, transmission, deflection, amplification, and detection by optical components and instruments, lasers, and other light sources, fibre optics, electro-optical instrumentation, related hardware and electronics, and sophisticated systems. Photonic sensor is a device that senses light and converts to electricity. Photonics acts as a switch between the transmitter and receiver. A photonic detector counts the number of photons of light. The global photonic sensors and detectors market is likely to witness a CAGR of 7.2% during the forecast period (2016 – 2026).

Global expansion in fibre optic communication likely to fuel market growth

Various government initiatives, increasing adoption of industrial automation solutions in the manufacturing industry, and increased investment in fibre optic communications are major drivers for the growth of the global photonic sensors and detectors market. Continuous investment and development of new technologies in medical devices and a rapid proliferation of the Internet of Things (IoT) is creating ample growth opportunities for major players in the global photonic sensors and detectors market. 

Leading players in the global photonic sensors and detectors market are faced with major challenges that force them to reduce profit margins from image sensors, thereby affecting profitability. Also, a lengthy regulatory approval and technology assessment process pertaining to new product development is likely to restrict growth of the global photonic sensors and detectors market during the forecast period.

Market segmentation

The global photonic sensors and detectors market is segmented on the basis of Sensor Type (Fibre Optic Sensors, Biophotonic Sensors, Image Sensors, Others); Detector Type (Photo Transistors, Single Photon Counting Modules, Photodiodes, Photocells, Others); End use Sector (Defence & Security, Medical & Healthcare, Chemicals & Petrochemicals, Consumer Electronics & Entertainment, Industrial Manufacturing, Aviation, Research & Development, Others); and Region (North America, Latin America, Western Europe, Eastern Europe, APEJ, Japan, MEA).

Access Report Summary with Detailed TOC at @ https://www.mrrse.com/photonics-sensor-and-detector-market

Biophotonic Sensor Type segment to register the highest CAGR during the forecast period

The Biophotonic Sensors segment is projected to be most attractive segment in the global photonic sensors and detectors market, registering a CAGR of 9.7% between 2016 and 2026. The Fibre Optic Sensors segment accounted for the highest market share in 2015, and was valued at US$ 5.3 Bn in 2015.

Photodiodes Detector Type segment projected to be the most attractive segment

The Photodiodes segment was valued at US$ 3.2 Bn in 2015 and is expected to dominate the global photonic sensors and detectors market during the forecast period. The Single Photon Counting Modules segment is expected to exhibit a CAGR of 9.2% during the forecast period.

Aviation End use Sector segment expected to register high Year-on-Year growth rates

The Aviation segment is expected to witness total incremental opportunity of US$ 1.9 Bn between 2016 and 2026. The Medical & Healthcare segment is projected to be the most attractive segment in the global photonic sensors and detectors market during the forecast period.

North America largest market for photonic sensors and detectors

The North America photonic sensors and detectors market is currently the largest market for photonic sensors and detectors and is expected to account for about 28% value share of the global photonic sensors and detectors market by 2026. The APEJ market is expected to register high Y-o-Y growth rates between 2016 and 2026 and witness a CAGR of 10.0% over the forecast period. APEJ and Latin America are slated to be the fastest growing markets during the period 2016 – 2026.

Leading market players are focussing on product innovation and focussed sales through direct distribution to increase market share

Some of the top companies identified across the global photonic sensors and detectors market value chain are Hamamatsu Photonics K.K, OMRON Corporation, ON Semiconductor, SAMSUNG, Sony Corporation, KEYENCE CORPORATION, Pepperl+Fuchs GmbH, Prime Photonics, LC, Banpil Photonics, Inc., and NP Photonics, Inc. Top companies are focussing on increasing their investments in technology R&D initiatives and are entering into strategic global alliances and partnerships to strengthen their position in the market.

About (MRRSE)

Market Research Reports Search Engine (MRRSE) is an industry-leading database of Market Research Reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords. 

MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE’s repository is updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or strategic consulting.

Contact Us                                    

State Tower    
90, State Street
Suite 700
Albany, NY - 12207
United States Telephone: +1-518-730-0559
Email: sales@mrrse.com
Website: https://www.mrrse.com/
Read More Industry News At: https://www.industrynewsanalysis.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Photonic Sensors & Detectors Market: Industry Development Scenario and Forecast to 2026 here

News-ID: 1041561 • Views:

More Releases from Market Research Reports Search Engine - MRRSE

Global Video Event Data Recorder Market: Industry Analysis and Opportunity Assessment, 2016-2026
Global Video Event Data Recorder Market: Industry Analysis and Opportunity Asses …
In order to study the various trends and patterns prevailing in the concerned market, Market Research Reports Search Engine (MRRSE) has included a new report titled “Video Event Data Recorder Market” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future. To Get Sample Report @ https://www.mrrse.com/sample/2941 The global video event data recorder (VEDR)
Global Octabin Market key Insights Based On Product Type, End-use and Regional Demand Till 2026
Global Octabin Market key Insights Based On Product Type, End-use and Regional D …
In order to study the various trends and patterns prevailing in the concerned market, Market Research Reports Search Engine (MRRSE) has included a new report titled “Octabin Market” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future. Get Sample Report with More Info @ https://www.mrrse.com/sample/16143 Packaging solutions for bulk cargo are gaining fast
Global Ion Beam Technology Market Examines Latest Trends and Key Drivers Supporting Growth through 2025
Global Ion Beam Technology Market Examines Latest Trends and Key Drivers Support …
In order to study the various trends and patterns prevailing in the concerned market, Market Research Reports Search Engine (MRRSE) has included a new report titled“Global Ion Beam Technology Market”to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future. Click here – Request Sample Report @ https://www.mrrse.com/sample/3126 Application of ion beam was rarely found
Cash- in Transit Bags Market 2025 | Global Key Players: TruSeal (Pty) Ltd, Harcor Security Seals Pty Ltd, Adsure Packaging Ltd, ITW Envopak Limited, ProAmpac Holdings, LLC, Dynaflex Pvt. Ltd, KOROZO Ambalaj San.ve Tic A.S
Cash- in Transit Bags Market 2025 | Global Key Players: TruSeal (Pty) Ltd, Harco …
This report on the Global Cash-in Transit Bags Market provides analysis for the period 2015–2025, wherein 2016 is the base year and the period from 2017 to 2025 is the forecast period. Data for 2015 has been included as historical information. The report covers market dynamics including drivers, restraints, opportunities, trends, and policies and regulations which are expected to influence the cash-in transit bags market growth during the said period.

All 5 Releases


More Releases for Photo

What's driving the Photo Printing Services Market Growth? Prominent Players: Pro …
Photo Printing Services Industry 2019 Global market report broadly provides the market size, share, trends, growth and forecasts to 2025. The Photo Printing Services report covers all the data that helps industry executives, experts, analysts get all the required statistics along with graphs, tables & figures to help understand market overview, scope and market challenges Get Sample Copy of this Report - https://www.orianresearch.com/request-sample/1154234 Additionally, the report enables a market player not
WidsMob Retoucher Apply Artistic Photo Effects for Photo Beautify
Hongkong, China – WidsMob Technology Ltd. (WidsMob) today add a new Vignetting feature to WidsMob Retoucher, which reduce image noise, touch-up portrait, adjust photo effects, apply opacity/vignetting/fish-eye, and add dozens of film pack with artistic photo effects. In the update, WidsMob Retoucher adds 15 language versions, including French, German, Japanese, Traditional Chinese, Arabic, Danish, Greek, Italian, Japanese, Swedish, Portuguese, Russian, Spanish, Swedish, Turkish and more. Before further editing photographs, it reduces
Photo Booth Market 2018: Global Industry Analysis, Manufacturers- Photo booth Su …
A photo booth Market is a vending machine that contains an automated, usually coin-operated, camera and film processor. Today the vast majority of photo booths are digital. Photo sticker booths or photo sticker machines are a special type of photo booth that produces photo stickers.  Get Sample Copy of this Report at – https://www.orianresearch.com/request-sample/454858 . This report covers the global perspective of Photo Booth industry with regional splits into North America, Europe,
Photo Editing Service Company - Photo Cutout, Photo Clipping Path, Photo Retouch …
We are an offshore Photo Editing Company from last four years and providing our services across the globe. At Photo Technolabs we are committed to delivering high-quality output photo processing to clients on time with lowest rates. Our Services - Photo Clipping Path - Photo Cutout - Old Photo Restoration - Photo Retouching - Photo Enablement - Image Masking - Background Remover - Repair Damaged Photos - Real Estate Photography Retouching - Wedding Photo Retouching - Jewelry Retouching - Product Photo Retouching Email: sales@ phototechnolabs.com Web: http://phototechnolabs.com We are an offshore photo editing company from last four
RAW Photo Editing with ACDSee Photo Studio Professional 2018
ACD Systems presents ACDSee Photo Studio Professional 2018, your one-stop shop for everything photography-related. Built with professionals in mind, and designed by some of the leading experts in the industry, this latest edition introduces many improvements allowing you to enjoy mastery over your projects in a way that simply wasn't possible before. Erase and Replace Want to remove something from a photo without damaging the original image or texture? This innovative
Photo Acrylic Prints from new Irish Photo Service
Dublin. Ireland 22.03.2012. - Acrylic Poster Prints are a trend swamping over from the world of advertising and art exhibitions to offices and living rooms. Acrylic Photo Glass Prints are often described as "behind glass print". To achieve the highest print resolution, FotoInsight produces the image on real photographic paper and secures it with a special, completely transparent adhesive to a sheet of acrylic glass. FotoInsight’s new acrylic posters do