Market Research Logo

Global Optical sensors Market 2016-2020

About Optical Sensors

Optical sensors are devices that convert light or infrared rays into electronic signals. They can function in the presence or absence of light or infrared spectrum and form a part of a large electronic system. A signal from an optical sensor is analyzed or interpreted in different ways to detect the presence of a person, capture an image, or determine the position or movement of an object.

Technavio’s analysts forecast the global optical sensor market to grow at a CAGR of 9.7% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global optical sensor market for the period 2016-2020. To calculate the market size, the report considers the sale of optical sensors to global industries, individual customers, and government authorities.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Optical Sensors Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Baumer Group
  • First Sensor AG
  • Honeywell International Inc.
  • Omron Corporation
  • Robert Bosch GmBH
  • Rockwell Automation
Other prominent vendors
  • Eaton
  • General Dynamics
  • Micron Optics
  • Samsung Semiconductor
  • Sick
  • Smart Fibres
  • STMicroelectronics
Market driver
  • Proliferation of smartphones and tablets
  • For a full, detailed list, view our report
Market challenge
  • High initial and upgrading costs of sensors
  • For a full, detailed list, view our report
Market trend
  • Wearable technology
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Optical Sensors Market 2016-2020

Technavio recognizes the following companies as the key players in the Global Optical Sensors Market: Baumer Group, First Sensor AG, Honeywell International Inc., Omron Corporation, Robert Bosch GmBH, and Rockwell Automation.

Other Prominent Vendors in the market are: Eaton, General Dynamics, Micron Optics, Samsung Semiconductor, Sick, Smart Fibres, and STMicroelectronics.

Commenting on the report, an analyst from Technavio’s team said: “Wearable technology is a mobile form of communication technology that is worn on the body and can be used to monitor daily activities and access smartphone functionalities. It includes smart watches, smart fabrics, and heart rate monitors that are integrated with optical sensors to monitor daily physical activities. With it, users can monitor their daily physical activity and keep track of their fitness level. The technology is set to gain significant momentum during the forecast period due to its adoption by the consumer segment.”

According to the report, one of the major factors driving the growth of this market is the increasing proliferation of smartphones and tablets. With the increasing adoption of smartphones, manufacturers are adding extra features and applications to differentiate their products from other manufacturers. Further, the 4G rollout in leading nations such as China, France, Germany, Japan, India, Singapore, the UK, and the US has resulted in the deployment of LTE technology in the market. The technology enables mobile devices to deliver high-quality services — such as high-speed data traffic supporting Internet browsing, voice, and video — to smartphone users.

Further, the report states that one of the major issues hindering the growth of the global optical sensor market is the high initial and upgrading costs.

Companies Mentioned

Baumer Group, First Sensor AG, Honeywell International Inc., Omron Corporation, Robert Bosch GmBH, Rockwell Automation, Eaton, General Dynamics, Micron Optics, Samsung Semiconductor, Sick, Smart Fibres, STMicroelectronics.

  • Executive summary
    • Highlights
  • Scope of the report
    • Source year and forecast period
    • Market reportage
    • Market size computation
    • Geographical segmentation
      • Table List of countries in key regions
    • Vendor segmentation
    • Vendor offerings
      • Table Product offerings of leading vendors in global optical sensor market
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Industry overview
    • Global semiconductor market overview
      • Table Global semiconductor market structure 2015
      • Table Global semiconductor market structure 2015
      • Table Global semiconductor market trend 1992-2015 ($ billions)
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
      • Table Segmentation of global optical sensor market
    • Market size and forecast
      • Table Global optical sensor market ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by end-user application
    • Global optical sensor market by end-user application 2015
      • Table Global optical sensor market by end-user application 2015
    • Global optical sensor market by end-user application 2020
      • Table Global optical sensor market by end-user application 2020
    • Consumer electronics
      • Table Global optical sensor market by consumer electronics ($ billions)
    • Industrial manufacturing
      • Table Global optical sensor market by industrial manufacturing sector ($ billions)
    • Medical
      • Table Global optical sensor market by medical ($ billions)
    • Public infrastructure
      • Table Global optical sensor market by public infrastructure ($ billions)
      • Table Urbanization and growth rate of Brazil, China, and India 2010-2015
    • Aerospace and defense sector
      • Table Global optical sensor market by aerospace and defense ($ billions)
    • Automotive
      • Table Global optical sensor market by automotive ($ billions)
  • Market segmentation by type
    • Global optical sensor market by type 2015
      • Table Global optical sensor market by type 2015 (% share)
    • Global optical sensor market by type 2020
      • Table Global optical sensor market by type 2020
    • Image sensors
      • Table Global optical sensor market for image sensors ($ billions)
    • Position sensors
      • Table Global optical sensor market for position sensors ($ billions)
    • Fiber-optic sensors
      • Table Global optical sensor market for fiber-optic sensors ($ billions)
    • Infrared sensors
      • Table Global optical sensor market for infrared sensors ($ billions)
    • Ambient light and proximity sensors
      • Table Global optical sensor market for ambient light and proximity sensors ($ billions)
  • Geographical segmentation
    • Global optical sensor market by region 2015
      • Table Global optical sensor market by region 2015
    • Global optical sensor market by region 2020
      • Table Global optical sensor market by region 2020
    • Optical sensor market in Americas
      • Table Optical sensor market in Americas ($ billions)
    • Optical sensor market in APAC
      • Table Optical sensor market in APAC ($ billions)
    • Optical sensor market in EMEA
      • Table Optical sensor market in EMEA ($ billions)
  • Key leading countries
    • Table Key leading countries in global optical sensor market
    • US
      • Table Optical sensor market in US ($ billions)
    • Japan
      • Table Optical sensor market in Japan ($ billions)
    • Germany
      • Table Optical sensor market in Germany ($ billions)
  • Market drivers
    • Proliferation of smartphones and tablets
    • Demand for highly sensitive sensors in industrial automation
      • Table Benefits of smart sensors
    • Growth of smart factories
      • Table Application of optical sensors for industrial automation
    • Growing use of structural health monitoring systems
      • Table Structural monitoring provided by SHM systems
    • Advent of wireless sensing technology
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • High initial and upgrading costs of sensors
    • Limited sensing capability in adverse environmental conditions
    • Lack of industry standards
    • Lack of consumer awareness about optical sensor technology
    • Shortage of skilled and trained personnel in sensor manufacturing units
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Wearable technology
    • Growth of Internet of Things
    • Miniaturization of optical sensors
  • Vendor landscape
    • Competitive scenario
    • Baumer
      • Table An instance of Baumer's product segmentation, targeting, and positioning
    • First Sensor
    • Honeywell
      • Table Honeywell: R&D expenditure over the last three years ($ billions)
    • Omron
    • Robert Bosch
      • Table Robert Bosch: Percentage spent on R&D 2010-2014
    • Rockwell Automation
      • Table Rockwell Automation: Performance of control product and solution segment since 2013 ($ billions)
      • Table Rockwell Automation: R&D expense since 2013
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report