openPR Logo
Press release

Technological Advancements to aid Growth of Photonic Sensors & Detectors Market at 7.2% CAGR by 2026

07-30-2018 12:47 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Technological Advancements to aid Growth of Photonic Sensors &

Future Market Insights delivers key insights on the global photonic sensors and detectors market in a new report titled “Photonic Sensors & Detectors Market: Global Industry Analysis & Opportunity Assessment, 2016-2026”. The global photonic sensors and detectors market was valued at US$ 22.5 Bn in 2015 and is expected to register a CAGR of 7.2% during the forecast period (2016–2026).

According to Future Market Insights, increasing investments in telecommunication infrastructure and various government initiatives to implement fibre optic communication are major factors driving the growth of the global photonic sensors and detectors market. Additionally, increasing adoption of industrial automation solutions to address the global shortage of unskilled labour and to reduce operating costs, and continuous development and implementation of new technologies in medical devices are some of the other factors propelling the growth of 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.” - Analyst – Electronics and ICT, Future Market Insights

Request Sample Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-752

Segmentation highlights

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); and End use Sector (Defence & Security, Medical & Healthcare, Chemicals & Petrochemicals, Consumer Electronics & Entertainment, Industrial Manufacturing, Aviation, Research & Development, Others).

The Fibre Optics Sensors segment is estimated to account for a market share of 37.7% by the end of 2016 while the Biophotonic Sensors segment is expected to be the second largest segment in terms of market share in 2016, accounting for 29.9% value share by the end of 2016

In terms of sales volume, the Single Photon Counting Modules segment is expected to register the highest CAGR of 10.5% during the forecast period. The Photo Transistors segment is estimated to witness a CAGR of 7.0% between 2016 and 2026

The Aviation segment is anticipated to register high Y-o-Y growth rates from 2016 to 2026 and is expected to register a CAGR of 10.2% during this period while the Defence & Security segment is estimated to account for the highest market value share of 26.3% by the end of 2016

Regional market projections

The global photonic sensors and detectors market is segmented on the basis of region into North America, Latin America, Western Europe, Eastern Europe, APEJ, Japan, and MEA. The North America market accounted for the highest market value share in 2015 and was valued at US$ 7.4 Bn in 2015. North America is estimated to account for 32.7% value share of the global photonic sensors and detectors market by the end of 2016. The APEJ market is projected to be the most attractive market in the global photonic sensors and detectors market during the forecast period. The APEJ market is anticipated to be valued at US$ 4.4 Bn by the end of 2016 and this is expected to increase to US$ 11.4 Bn by the end of 2026.

Request to View TOC @ https://www.futuremarketinsights.com/askus/rep-gb-752

Vendor insights

The report features some of the leading companies operating in the global photonic sensors and detectors market. Key players profiled in the report 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. Leading companies in the global photonic sensors and detectors market are expanding their presence in emerging markets and are diversifying their product portfolio to strengthen their market share and enhance their customer base.

ABOUT US:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

CONTACT:
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.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 Technological Advancements to aid Growth of Photonic Sensors & Detectors Market at 7.2% CAGR by 2026 here

News-ID: 1152401 • Views: 135

More Releases from Future Market Insights

How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring

All 5 Releases


More Releases for Photo

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 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 Camp: Creativity Sessions
Photo Camp: Creativity Sessions | With Course Instructor Megan Salazar at The Center for Fine Art Photography Runs July 12th through August 11th, 2016 | The Creativity Class is designed for photography students who have already learned the basics of digital camera operation through our Basics class or in school, to develop a personal artistic voice. This course is an exploration of photo based concepts and media. We start off by
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
07-07-2011 | Arts & Culture
Photoworld
Photoworld Launches Gloss Photo Book
Warwick, United Kingdom (28 June, 2011) – Photoworld, one of Europe’s largest photo companies, has recently launched the high gloss page photo book which is now available for purchase on their website. Photoworld is a leading photo finisher in Europe that regularly produces high quality prints, photo gifts, photo calendars, personalised greeting cards, canvases and posters. Photoworld produces billions of photo prints and photo books every year in their state-of-the art