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Europe Optical Sensors Market Size, Share & Trends Analysis Report By Type (Intrinsic Sensor, and Extrinsic Sensor), By Application, By Sensor Type, By End-use, By Country and Growth Forecast, 2023 - 2030

Publisher Knowledge Based Value (KBV) Research
Published Jan 31, 2024
Length 189 Pages
SKU # KBV18593029

Description

Europe Optical Sensors Market Size, Share & Trends Analysis Report By Type (Intrinsic Sensor, and Extrinsic Sensor), By Application, By Sensor Type, By End-use, By Country and Growth Forecast, 2023 - 2030


The Europe Optical Sensors Market would witness market growth of 9.2% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 25,321.6 thousand units, showcasing a growth of 10.7% (2019-2022).

Optical sensors are increasingly integrated with AI and ML algorithms to enhance their capabilities. This integration allows optical sensors to analyze and interpret data in real time, enabling more intelligent and context-aware applications. AI-powered optical sensors can process large datasets, identify patterns, and make decisions, improving accuracy and responsiveness. This trend is particularly relevant in applications such as image recognition, object tracking, and autonomous systems. Edge computing refers to processing data closer to the source rather than depending only on centralized cloud servers. Edge computing-capable optical sensors are used for quicker reaction times and more effective data processing. Integrating optical sensors and edge computing lessens dependence on remote cloud servers, improves real-time decision-making, and lowers latency in applications such as autonomous vehicles and industrial automation.

Integration of optical sensors with other sensing technologies, such as radar, ultrasound, and magnetic sensors, is becoming more common. This results in developing multimodal sensor systems that offer enhanced sensing capabilities, increased accuracy, and improved reliability. Multimodal sensor systems are well-suited for complex applications, including robotics, security, and healthcare. Combining different sensing modalities provides a more comprehensive understanding of the environment. Advances in photonics, the study, and application of light, contribute to innovations in optical sensor technology. Photonics enhances the performance of optical sensors, enabling faster data transmission, higher resolution imaging, and improved sensing capabilities. Photonics-driven innovations are particularly relevant in telecommunications, where optical sensors are crucial in developing high-speed communication networks. The improvements in photonics contribute to the overall efficiency of optical sensor applications.

According to the UK Government, with its highly linked supply chains and substantial demand for UK-built cars throughout the region, the European region has benefited the U.K. automotive sector with its varied products, encompassing volume, premium, and niche vehicles. The UK is actively involved in the development and testing of autonomous vehicles. Thus, all these factors will uplift the regional market’s expansion in the coming years.

The Germany market dominated the Europe Optical Sensors Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2,632.9 million by 2030. The UK market is exhibiting a CAGR of 8.2% during (2023 - 2030). Additionally, The France market would experience a CAGR of 10.1% during (2023 - 2030).

Based on Type, the market is segmented into Intrinsic Sensor, and Extrinsic Sensor. Based on Application, the market is segmented into Biometric, Pressure & Strain Sensing, Temperature Sensing, Geological Survey, and Others. Based on Sensor Type, the market is segmented into Optical Temperature Sensors, Photoelectric Sensor, Fiber Optic Sensor, Biomedical Sensors, Displacement & Position Sensors, and Others. Based on End-use, the market is segmented into Consumer Electronics, Healthcare, Energy & Utility, Manufacturing, Automotive & Transportation, Aerospace & Defense, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

List of Key Companies Profiled
  • Honeywell International, Inc.
  • Keyence Corporation
  • Amphenol Corporation
  • Cisco Systems, Inc.
  • Texas Instruments, Inc.
  • Renesas Electronics Corporation
  • STMicroelectronics N.V.
  • Rockwell Automation, Inc.
  • Sick AG
  • ams-OSRAM AG
Europe Optical Sensors Market Report Segmentation

By Type (Volume, Thousand Units, USD Billion, 2019-2030)
  • Intrinsic Sensor
  • Extrinsic Sensor
By Application (Volume, Thousand Units, USD Billion, 2019-2030)
  • Biometric
  • Pressure & Strain Sensing
  • Temperature Sensing
  • Geological Survey
  • Others
By Sensor Type (Volume, Thousand Units, USD Billion, 2019-2030)
  • Optical Temperature Sensors
  • Photoelectric Sensor
  • Fiber Optic Sensor
  • Biomedical Sensors
  • Displacement & Position Sensors
  • Others
By End-use (Volume, Thousand Units, USD Billion, 2019-2030)
  • Consumer Electronics
  • Healthcare
  • Energy & Utility
  • Manufacturing
  • Automotive & Transportation
  • Aerospace & Defense
  • Others
By Country (Volume, Thousand Units, USD Billion, 2019-2030)
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

Table of Contents

189 Pages
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Optical Sensors Market, by Type
1.4.2 Europe Optical Sensors Market, by Application
1.4.3 Europe Optical Sensors Market, by Sensor Type
1.4.4 Europe Optical Sensors Market, by End-use
1.4.5 Europe Optical Sensors Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis – Global
4.1 Market Share Analysis, 2022
4.2 Porter’s Five Forces Analysis
Chapter 5. Europe Optical Sensors Market by Type
5.1 Europe Intrinsic Sensor Market by Country
5.2 Europe Extrinsic Sensor Market by Country
Chapter 6. Europe Optical Sensors Market by Application
6.1 Europe Biometric Market by Country
6.2 Europe Pressure & Strain Sensing Market by Country
6.3 Europe Temperature Sensing Market by Country
6.4 Europe Geological Survey Market by Country
6.5 Europe Others Market by Country
Chapter 7. Europe Optical Sensors Market by Sensor Type
7.1 Europe Optical Temperature Sensors Market by Country
7.2 Europe Photoelectric Sensor Market by Country
7.3 Europe Fiber Optic Sensor Market by Country
7.4 Europe Biomedical Sensors Market by Country
7.5 Europe Displacement & Position Sensors Market by Country
7.6 Europe Others Market by Country
Chapter 8. Europe Optical Sensors Market by End-use
8.1 Europe Consumer Electronics Market by Country
8.2 Europe Healthcare Market by Country
8.3 Europe Energy & Utility Market by Country
8.4 Europe Manufacturing Market by Country
8.5 Europe Automotive & Transportation Market by Country
8.6 Europe Aerospace & Defense Market by Country
8.7 Europe Others Market by Country
Chapter 9. Europe Optical Sensors Market by Country
9.1 Germany Optical Sensors Market
9.1.1 Germany Optical Sensors Market by Type
9.1.2 Germany Optical Sensors Market by Application
9.1.3 Germany Optical Sensors Market by Sensor Type
9.1.4 Germany Optical Sensors Market by End-use
9.2 UK Optical Sensors Market
9.2.1 UK Optical Sensors Market by Type
9.2.2 UK Optical Sensors Market by Application
9.2.3 UK Optical Sensors Market by Sensor Type
9.2.4 UK Optical Sensors Market by End-use
9.3 France Optical Sensors Market
9.3.1 France Optical Sensors Market by Type
9.3.2 France Optical Sensors Market by Application
9.3.3 France Optical Sensors Market by Sensor Type
9.3.4 France Optical Sensors Market by End-use
9.4 Russia Optical Sensors Market
9.4.1 Russia Optical Sensors Market by Type
9.4.2 Russia Optical Sensors Market by Application
9.4.3 Russia Optical Sensors Market by Sensor Type
9.4.4 Russia Optical Sensors Market by End-use
9.5 Spain Optical Sensors Market
9.5.1 Spain Optical Sensors Market by Type
9.5.2 Spain Optical Sensors Market by Application
9.5.3 Spain Optical Sensors Market by Sensor Type
9.5.4 Spain Optical Sensors Market by End-use
9.6 Italy Optical Sensors Market
9.6.1 Italy Optical Sensors Market by Type
9.6.2 Italy Optical Sensors Market by Application
9.6.3 Italy Optical Sensors Market by Sensor Type
9.6.4 Italy Optical Sensors Market by End-use
9.7 Rest of Europe Optical Sensors Market
9.7.1 Rest of Europe Optical Sensors Market by Type
9.7.2 Rest of Europe Optical Sensors Market by Application
9.7.3 Rest of Europe Optical Sensors Market by Sensor Type
9.7.4 Rest of Europe Optical Sensors Market by End-use
Chapter 10. Company Profiles
10.1 Honeywell International, Inc.
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expenses
10.1.5 SWOT Analysis
10.2 Keyence Corporation
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Regional Analysis
10.2.4 Research & Development Expenses
10.2.5 Recent strategies and developments:
10.2.5.1 Product Launches and Product Expansions:
10.2.6 SWOT Analysis
10.3 Amphenol Corporation
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental and Regional Analysis
10.3.4 Research & Development Expenses
10.3.5 Recent strategies and developments:
10.3.5.1 Acquisition and Mergers:
10.3.6 SWOT Analysis
10.4 Cisco Systems, Inc.
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Regional Analysis
10.4.4 Research & Development Expense
10.4.5 SWOT Analysis
10.5 Texas Instruments, Inc.
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental and Regional Analysis
10.5.4 Research & Development Expense
10.5.5 SWOT Analysis
10.6 Renesas Electronics Corporation
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental and Regional Analysis
10.6.4 Research & Development Expense
10.6.5 SWOT Analysis
10.7 STMicroelectronics N.V.
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Segmental and Regional Analysis
10.7.4 Research & Development Expense
10.7.5 SWOT Analysis
10.8 Rockwell Automation, Inc.
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Segmental and Regional Analysis
10.8.4 Research & Development Expenses
10.8.5 SWOT Analysis
10.9 Sick AG
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Segmental and Regional Analysis
10.9.4 Research & Development Expense
10.9.5 Recent strategies and developments:
10.9.5.1 Product Launches and Product Expansions:
10.9.6 SWOT Analysis
10.10. ams-OSRAM AG
10.10.1 Company Overview
10.10.2 Financial Analysis
10.10.3 Segmental and Regional Analysis
10.10.4 Research & Development Expense
10.10.5 Recent strategies and developments:
10.10.5.1 Product Launches and Product Expansions:
10.10.6 SWOT Analysis

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