Optical Sensor ICs - Market: Size, Share, Growth, Analysis, Key Players, Revenue, | Valuates Reports

Optical Sensor ICs - Market Size
The global market for semiconductor was estimated at US$ 579 billion in the year 2022, is projected to US$ 790 billion by 2029, growing at a CAGR of 6% during the forecast period.

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Optical Sensor ICs - Market
Optical sensor ICs are chips that emit or receive specially modulated light for 3D imaging or perception based on optical principles such as structured light and TOF technology.
The global market for Optical Sensor ICs was estimated to be worth US$ million in 2023 and is forecast to a readjusted size of US$ million by 2030 with a CAGR of % during the forecast period 2024-2030.
Although some major categories are still double-digit year-over-year growth in 2022, led by Analog with 20.76%, Sensor with 16.31%, and Logic with 14.46% growth, Memory declined with 12.64% year over year. The microprocessor (MPU) and microcontroller (MCU) segments will experience stagnant growth due to weak shipments and investment in notebooks, computers, and standard desktops. In the current market scenario, the growing popularity of IoT-based electronics is stimulating the need for powerful processors and controllers. Hybrid MPUs and MCUs provide real-time embedded processing and control for the topmost IoT-based applications, resulting in significant market growth. The Analog IC segment is expected to grow gradually, while demand from the networking and communications industries is limited. Few of the emerging trends in the growing demand for Analog integrated circuits include signal conversion, automotive-specific Analog applications, and power management. They drive the growing demand for discrete power devices.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Optical Sensor ICs, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Optical Sensor ICs by region & country, by Type, and by Application.
The Optical Sensor ICs market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Optical Sensor ICs.

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Segment by Type:
• 3D
• 2D

Segment by Application

• Consumer Electronics
• Vehicle Electronics
• Smart Security
• Financial Security
• Industrial Control
• Other

By Company

Melexis, Silicon Labs, IC Haus, Hamamatsu Photonics, ROHM, Elmos Semiconductor, Shanghai Orient-Chip Technology, SG Micro, Egis Technology

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