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Optical Sensors - Market: Size, Share, Growth, Analysis, Key Players, Revenue, | Valuates Reports
Optical Sensors - Market SizeThe global market for Optical Sensors was estimated to be worth US$ 1624.6 million in 2023 and is forecast to a readjusted size of US$ 3781.7 million by 2030 with a CAGR of 12.6% during the forecast period 2024-2030
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Optical Sensors - Market
Optical sensors are devices, which are used to process light or infrared rays into electronic signals. These sensors are lightweight and offer various benefits, such as compactness and flexibility, which boost their adoption in various end-use industries. Optical sensors are used in a wide range of applications such as gesture recognition, occupancy sensing, smart heating, etc.
Primarily due to the increasing number of smartphone users and advanced technologies driving the market growth. Furthermore, IoT-connected devices have opened massive opportunities for sensors in several applications like industrial, medical, consumer electronics, automotive, etc. The various industrial sectors, like aerospace & defense, healthcare, etc., need sensing devices that stand up to harsh environments and supply high accuracy. The optical sensors provide all of those options resulting in the exponential growth of their market. They improvise lighting and heating systems and optimize prices by expeditiously reducing energy consumption. Innovation and developments boost the expansion of the market.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Optical Sensors, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Optical Sensors by region & country, by Type, and by Application.
The Optical Sensors 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 Sensors.
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Segment by Type:
• Image Sensors
• Fiber Optic Sensors
• Position Sensors
• Others
Segment by Application
• Industrial
• Automotive
• Consumer Electronics
• Healthcare
• Others
By Company
Hamamatsu Photonics, Kistler Instrumente, Leuze Electronic, Baumer Electric, Ifm Electronic, Sofradir, Vigo System, Carlo Gavazzi Automation, Theben, Teledyne Dalsa, Aptina Imaging, Pepperl+Fuchs, ST Microelectronics, Rohm Semiconductor, Omnivision Technologies, Vishay Intertechnology, Panasonic Corporation, Steinel Professional, B.E.G Bruck Electronics, Busch-Jaeger, Fairchild Semiconductor, First Sensor, Optek Technology, Irisys (Infrared Integrated Systems Limited), Keyence Corporation
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