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Asia Pacific Photonic Sensors Market Global Overview, Competition Strategies, Industry Size, Business Growth, Trends, Opportunity & Forecast by 2023

11-13-2018 10:30 AM CET | IT, New Media & Software

Press release from: Allied Market Research

Asia Pacific Photonic Sensors Market Global Overview,

Photonic sensor is known as an enabling technology that is used across different industrial sectors including manufacturing, healthcare, telecommunications, energy, environment, and aerospace. In all these sectors, photonics sensing activity can be recognized via the optical radiation. The innovations in the field of fiber optics have derived the development of photonic sensors.

Photonic sensors allow better sensing and detecting functions. Presently, fiber optics is the most commonly used technology in sensing applications due to its strong sensing capabilities. Many companies offer fiber optic sensors that can efficiently work in harsh environmental conditions including extreme noise, corrosion, heat, vibration and explosion. Fiber optic sensors are small in size and light weighted.

The Asia-Pacific photonic sensors market is expected to grow in future due to increasing need for enhanced safety and security solutions and rise in wireless sensing technology. The photonic sensors are used in multiple applications such as security, industrial process, biomedical and others, as these devices are capable of providing accurate cost-effective image sensing solutions as compared to the conventional sensors.

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Based on technology, the market is segmented into biophotonic technology, fiber optic technology and laser technology. On the basis of applications, the market is categorized into homeland security, industrial process, transportation, military, factory automation, civil structures and others. To study the scenario with respect to countries in Asia-Pacific region, the market is segmented into China, Japan, India, South Korea, Australia and Rest of Asia (ROA). Many prominent players operate in the market, which include Baumer Holding AG, Omron Corporation, Samsung Electronics Co. Ltd, Banner Engineering Corp., Toshiba, Honeywell International Inc. and Mitsubishi Electric Corporation.

PHOTONIC SENSORS MARKET KEY SEGMENTS:

The Asia-Pacific photonic sensor market is segmented on the basis of technology, application and country.

BY TECHNOLOGY-

•Fiber optic technology
•Laser technology
•Biophotonic technology

BY APPLICATION-

•Homeland security
•Industrial process
•Transportation
•Military
•Factory automation
•Civil structures
•Bio and environmental analytics
•Wind energy turbines
•Mass transportation market
•Airport security
•Port security
•Biomedical
•Micro fluidic
•Oil and gas

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BY COUNTRY-

•China
•India
•Japan
•South Korea
•Australia
•Rest of Asia (ROA)

KEY PLAYERS:

•Baumer Holding AG
•Omron Corporation
•Samsung Electronics Co. Ltd
•Banner Engineering Corp.
•Toshiba
•Honeywell International Inc.
•Mitsubishi Electric Corporation
•Fujifilm Corp.
•Hamamatsu Photonics Kk
•Truesense Imaging Inc.

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About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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