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Optical Sensor Market By Product (Fiber Optics Sensor, Image Sensor, Position Sensors, Proximity & Ambient Light Sensor), By Application (Aerospace & Defense, Automotive, Consumer Electronics, Healthcare, Industrial, Others) – Growth, Future Prospects And Competitive Analysis, 2019 – 2027

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Integration of the optical sensors among the smartphones and tablets is driving the optical sensor market growth.

Globally, the optical sensor market is expected to grow at a CAGR of 13.5% during the forecast period from 2019 to 2027, starting from US$ 1.7Bn in 2018. The market is driven by the widespread adoption of optical sensors in smartphones and tablets. As the rate of technological advancement is rising and competition among smartphone manufacturers is increasing, organizations are looking to integrate more advanced features into their products to gain an edge over competitors. This is accelerating the adoption of optical sensors among smartphones and tablets.

Further, the increasing adoption of smart homes and solutions is also acting as a major force propelling the market. Additionally, the increasing automation in the industrial sector and the rapid adoption of the Industry 4.0 revolution are driving the market.

However, the high cost of optical sensors, along with the lack of standardization across industries, is holding back the growth of the market. Besides, the development activities for connected cars and autonomous vehicles are presenting a huge opportunity for the growth of the market.

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Market Synopsis

Image sensors are leading the optical sensors market due to their widespread adoption in consumer electronics.

Image sensors are leading the optical sensors market with over 40% market share due to their widespread adoption in cameras, smartphones, and other consumer devices. The advancement in CMOS image sensors has further accelerated the demand for image sensors across the globe. The CMOS sensor has several benefits, such as compact size, low power consumption, speed, accuracy, and cost-effectiveness, that are driving its demand in the market. Moreover, the growing demand for 3D image sensors among automotive and other industrial applications, such as computer vision and machine vision, is also augmenting their demand in the market. On the other hand, fiber optic sensors are estimated to grow substantially during the projected timeline due to the increasing adoption of wearable devices for health and fitness monitoring applications.

Asia Pacific to Register the Fastest Growth

Asia Pacific’s optical sensor market is projected to register the highest CAGR over the forecast period. The market is driven by the growing semiconductor industry in the region. Over the past decade, China, Taiwan, and South Korea have emerged as the top manufacturing hubs for the semiconductor industry. All the major consumer electronics companies have manufacturing facilities in the region due to the easy availability of materials, low labor costs, and skilled workforce. Moreover, supportive government policies, along with the increasing investment by the market players in the region, are accelerating the market’s growth.

The key vendors operating in the optical sensors market are ABB Ltd., Sony Corporation, Broadcom Inc., Omnivision Technologies Inc., Coherent Inc., Samsung, Analog Devices Inc., Canon U.S.A. Inc., Baumer Electric AG, Eaton Corporation, Finisar Corporation, EMCORE Corporation, Robert Bosch GMBH, and STMicroelectronics.

Historical and Forecast Period

This research report presents the analysis of each segment from 2017 to 2027, considering 2018 as the base year for the research. The compound annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2019 to 2027.

Report Scope by Segments

The optical sensor market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of the global optical sensor market based on product, application, and geography. Key segments covered in the report are as follows:

Key questions are answered in this report.

  • What was the market size of the optical sensor in 2018 and the forecast up to 2027?
  • Which is the largest regional market for optical sensors?
  • What are the major trends followed in the optical sensor market across different regions?
  • Who are the key companies in the optical sensor market?
  • What are the key strategies adopted by the leading optical sensor companies on the market?

Shape Your Report to Specific Countries or Regions & Enjoy 30% Off!

Unique data points of this report

  • Statistics on optical sensors and spending worldwide
  • Recent trends across different regions in terms of the adoption of optical sensors for industries
  • Notable developments are going on in the semiconductor industry.
  • Attractive investment propositions for segments as well as geography
  • Comparative scenario for all the segments for years 2018 (actual) and 2027 (forecast)

Chapter 1 Preface
1.1 Report Scope and Description
1.1.1 Study Purpose
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Approach Adopted
1.3.4 Top-Down Approach
1.3.5 Bottom-Up Approach
1.3.6 Phase III – Expert Panel Review
1.3.7 Assumptions
1.4 Market Segmentation

Chapter 2 Executive Summary
2.1 Market Snapshot: Global OS Market
2.1.1 Global OS Market, by Product, 2018 (US$ Mn)
2.1.2 Global OS Market, by Application, 2018 (US$ Mn)
2.1.3 Global OS Market, by Geography, 2018 (US$ Mn)

Chapter 3 Market Dynamics
3.1 Introduction
3.2 Market Dynamics
3.2.1 Market Drivers
3.2.2 Market Restraint
3.3 Attractive Investment Proposition, by Geography, 2018
3.4 Market Positioning of Key OS Vendors, 2018

Chapter 4 Global Optical Sensor (OS) Market, By Product
4.1 Overview
4.1.1 Global OS Market Value Share, by Product, 2018 & 2027 (Value, %)
4.2 Fiber optics sensor
4.2.1 Global OS Market Value from Fiber Optics Sensor, 2017 – 2027(US$ Mn)
4.3 Image Sensor
4.3.1 Global OS Market Value from Image Sensor, 2017 – 2027(US$ Mn)
4.4 Position Sensors
4.4.1 Global OS Market Value from Position Sensor, 2017 – 2027(US$ Mn)
4.5 Proximity & ambient light sensor
4.5.1 Global OS Market Value from Proximity & Ambient Light Sensor, 2017 – 2027(US$ Mn)

Chapter 5 Global Optical Sensor (OS) Market, by Application
5.1 Overview
5.1.1 Global OS Market Value Share, by Application, 2018 & 2027 (Value, %)
5.2 Aerospace & Defense
5.2.1 Global OS Market Value from Aerospace & Defense, 2017 – 2027(US$ Mn)
5.3 Automotive
5.3.1 Global OS Market Value from Automotive, 2017 – 2027(US$ Mn)
5.4 Consumer Electronics
5.4.1 Global OS Market Value from Consumer Electronics, 2017 – 2027(US$ Mn)
5.5 Healthcare
5.5.1 Global OS Market Value from Healthcare, 2017 – 2027(US$ Mn)
5.6 Industrial
5.6.1 Global OS Market Value from Healthcare, 2017 – 2027(US$ Mn)
5.7 Others
5.7.1 Global OS Market Value from Others, 2017 – 2027(US$ Mn)

Chapter 6 North America Optical Sensor (OS) Market Analysis, 2017 – 2027 (US$ Mn)
6.1 Overview
6.2 North America OS Market Analysis, by Product, 2017 – 2027 (US$ Mn)
6.2.1 Market Analysis
6.3 North America OS Market Analysis, by Application, 2017 – 2027 (US$ Mn)
6.3.1 Market Analysis
6.4 North America OS Market, by Country, 2017 – 2027 (US$ Mn)
6.4.1 Market Analysis
6.4.2 U.S.
6.4.2.1 U.S. OS Market Value, by Product, 2017 – 2027 (US$ Mn)
6.4.2.2 U.S.OS Market Value,by Application, 2017 – 2027 (US$ Mn)
6.4.3 Canada
6.4.3.1 Canada OS Market Value, by Product, 2017 – 2027 (US$ Mn)
6.4.3.2 Canada OS Market Value, by Application, 2017 – 2027 (US$ Mn)

Chapter 7 Europe Optical Sensor (OS) Market Analysis, 2017 – 2027 (US$ Mn)
7.1 Overview
7.2 Europe OS Market Analysis, by Product, 2017 – 2027 (US$ Mn)
7.2.1 Market Analysis
7.3 Europe OS Market Analysis, by Application, 2017 – 2027 (US$ Mn)
7.3.1 Market Analysis
7.4 Europe OS Market, by Country, 2017 – 2027 (US$ Mn)
7.4.1 Market Analysis
7.4.2 U.K.
7.4.2.1 U.K. OS Market Value, by Product, 2017 – 2027 (US$ Mn)
7.4.2.2 U.K. OS Market Value, by Application, 2017 – 2027 (US$ Mn)
7.4.3 Germany
7.4.3.1 Germany OS Market Value, by Product, 2017 – 2027 (US$ Mn)
7.4.3.2 Germany OS Market Value, by Application, 2017 – 2027 (US$ Mn)
7.4.4 France
7.4.4.1 France OS Market Value, by Product, 2017 – 2027 (US$ Mn)
7.4.4.2 France OS Market Value, by Application, 2017 – 2027 (US$ Mn)
7.4.5 Rest of Europe
7.4.5.1 Rest of Europe OS Market Value, by Product, 2017 – 2027 (US$ Mn)
7.4.5.2 Rest of Europe OS Market Value, by Application, 2017 – 2027 (US$ Mn)

Chapter 8 Asia Pacific Optical Sensor (OS) Market Analysis, 2017 – 2027 (US$ Mn)
8.1 Overview
8.2 Asia Pacific OS Market Analysis, by Product, 2017 – 2027 (US$ Mn)
8.2.1 Market Analysis
8.3 Asia Pacific OS Market Analysis, by Application, 2017 – 2027 (US$ Mn)
8.3.1 Market Analysis
8.4 Asia Pacific OS Market, by Country, 2017 – 2027 (US$ Mn)
8.4.1 Market Analysis
8.4.2 China
8.4.2.1 China OS Market Value, by Product, 2017 – 2027 (US$ Mn)
8.4.2.2 China OS Market Value, by Application, 2017 – 2027 (US$ Mn)
8.4.3 Japan
8.4.3.1 Japan OS Market Value, by Product, 2017 – 2027 (US$ Mn)
8.4.3.2 Japan OS Market Value, by Application, 2017 – 2027 (US$ Mn)
8.4.4 India
8.4.4.1 India OS Market Value, by Product, 2017 – 2027 (US$ Mn)
8.4.4.2 India OS Market Value, by Application, 2017 – 2027 (US$ Mn)
8.4.5 Rest of Asia Pacific
8.4.5.1 Rest of Asia Pacific OS Market Value, by Product, 2017 – 2027 (US$ Mn)
8.4.5.2 Rest of Asia Pacific OS Market Value, by Application, 2017 – 2027 (US$ Mn)

Chapter 9 Rest of the World (RoW) Optical Sensor (OS) Market Analysis, 2017 – 2027 (US$ Mn)
9.1 Overview
9.2 RoW OS Market Analysis, by Product, 2017 – 2027 (US$ Mn)
9.2.1 Market Analysis
9.3 RoW OS Market Analysis, by Application, 2017 – 2027 (US$ Mn)
9.3.1 Market Analysis
9.4 RoW OS Market, by Country (US$ Mn)
9.4.1 Market Analysis
9.4.2 Middle East & Africa (MEA)
9.4.2.1 MEA OS Market Value, by Product, 2017 – 2027 (US$ Mn)
9.4.2.2 MEA OS Market Value, by Application, 2017 – 2027 (US$ Mn)
9.4.3 Latin America
9.4.3.1 Latin America OS Market Value, by Application, 2017 – 2027 (US$ Mn)
9.4.3.2 Latin America OS Market Value, by Application, 2017 – 2027 (US$ Mn)

Chapter 10 Company Profiles
10.1 ABB Ltd.
10.2 Sony Corporation
10.3 Broadcom Inc.
10.4 Omnivision Technologies
10.5 Coherent Inc.
10.6 Samsung Corporation
10.7 Analog Devices Inc.
10.8 Canon USA Inc.
10.9 Baumer Electric AG
10.10 Eaton Corporation
10.11 Finisar Corporation
10.12 EMCORE Corporation
10.13 Rober Bosch GMBH
10.14 STMicroelectronics

List of Figures

FIG. 1 Global Optical Sensor (OS) Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global OS Market Segmentation
FIG. 4 Global OS Market, by Application, 2018 (US$ Mn)
FIG. 5 Global OS Market, by Geography, 2018 (US$ Mn)
FIG. 6 Attractive Investment Proposition, by Geography, 2018
FIG. 7 Market Positioning of Key OS Vendors, 2018
FIG. 8 Global OS Market Value Share, by Product, 2018 & 2027 (Value, %)
FIG. 9 Global OS Market Value from Fiber Optics Sensor, 2017 – 2027(US$ Mn)
FIG. 10 Global OS Market Value from Image Sensor, 2017 – 2027(US$ Mn)
FIG. 11 Global OS Market Value from Position Sensor, 2017 – 2027(US$ Mn)
FIG. 12 Global OS Market Value from Proximity & Ambient Light Sensor, 2017 – 2027(US$ Mn)
FIG. 13 Global OS Market Value Share, by Application, 2018 & 2027 (Value, %)
FIG. 14 Global OS Market Value from Aerospace & Defense, 2017 – 2027(US$ Mn)
FIG. 15 Global OS Market Value from Automotive, 2017 – 2027(US$ Mn)
FIG. 16 Global OS Market Value from Consumer Electronics, 2017 – 2027(US$ Mn)
FIG. 17 Global OS Market Value from Healthcare, 2017 – 2027(US$ Mn)
FIG. 18 Global OS Market Value from Healthcare, 2017 – 2027(US$ Mn)
FIG. 19 Global OS Market Value from Others, 2017 – 2027(US$ Mn)

List of Tables

TABLE 1 Market Snapshot: Global Optical Sensor (OS) Market Value
TABLE 2 North America OS Market Value, by Product, 2017 – 2027 (US$ Mn)
TABLE 3 North America OS Market Value, by Application, 2017 – 2027 (US$ Mn)
TABLE 4 North America OS Market Value, by Country,2017 – 2027 (US$ Mn)
TABLE 5 U.S. OS Market Value, by Product – 2027 (US$ Mn)
TABLE 6 U.S. OS Market Value, by Application2017 – 2027 (US$ Mn)
TABLE 7 Canada OS Market Value, by Product – 2027 (US$ Mn)
TABLE 8 Canada OS Market Value, by Application2017 – 2027 (US$ Mn)
TABLE 9 Europe OS Market Value, by Product, 2017 – 2027 (US$ Mn)
TABLE 10 Europe OS Market Value, by Application, 2017 – 2027 (US$ Mn)
TABLE 11 Europe OS Market Value, by Country,2017 – 2027 (US$ Mn)
TABLE 12 U.K. OS Market Value, by Product – 2027 (US$ Mn)
TABLE 13 U.K. OS Market Value, by Application2017 – 2027 (US$ Mn)
TABLE 14 Germany OS Market Value, by Product – 2027 (US$ Mn)
TABLE 15 Germany OS Market Value, by Application2017 – 2027 (US$ Mn)
TABLE 16 France OS Market Value, by Product – 2027 (US$ Mn)
TABLE 17 France OS Market Value, by Application2017 – 2027 (US$ Mn)
TABLE 18 Rest of Europe OS Market Value, by Product – 2027 (US$ Mn)
TABLE 19 Rest of Europe OS Market Value, by Application2017 – 2027 (US$ Mn)
TABLE 20 Asia Pacific OS Market Value, by Product, 2017 – 2027 (US$ Mn)
TABLE 21 Asia Pacific OS Market Value, by Application, 2017 – 2027 (US$ Mn)
TABLE 22 Asia Pacific OS Market Value, by Country,2017 – 2027 (US$ Mn)
TABLE 23 China OS Market Value, by Product 2017 – 2027 (US$ Mn)
TABLE 24 China OS Market Value, by Application2017 – 2027 (US$ Mn)
TABLE 25 Japan OS Market Value, by Product 2017 – 2027 (US$ Mn)
TABLE 26 Japan OS Market Value, by Application2017 – 2027 (US$ Mn)
TABLE 27 India OS Market Value, by Product 2017 – 2027 (US$ Mn)
TABLE 28 India OS Market Value, by Application2017 – 2027 (US$ Mn)
TABLE 29 Rest of Asia Pacific OS Market Value, by Product 2017 – 2027 (US$ Mn)
TABLE 30 Rest of Asia Pacific OS Market Value, by Application, 2017 – 2027 (US$ Mn)
TABLE 31 RoW OS Market Value, by Product, 2017 – 2027 (US$ Mn)
TABLE 32 RoW OS Market Value, by Application, 2017 – 2027 (US$ Mn)
TABLE 33 RoW OS Market Value, by Country,2017 – 2027 (US$ Mn)
TABLE 34 MEA OS Market Value, by Product – 2027 (US$ Mn)
TABLE 35 MEA OS Market Value, by Application2017 – 2027 (US$ Mn)
TABLE 36 Latin America OS Market Value, by Application2017 – 2027 (US$ Mn)
TABLE 37 Latin America OS Market Value, by Application2017 – 2027 (US$ Mn)
TABLE 38 ABB Ltd.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 39 Sony Corporation: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 40 Broadcom Inc.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 41 Omnivision Technologies: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 42 Coherent Inc.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 43 Samsung Corporation: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 44 Analog Devices Inc.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 45 Canon USA Inc. Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 46 Baumer Electric AG: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 47 Eaton Corporation: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 48 Finisar Corporation: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 49 EMCORE Corporation: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 50 Robert Bosch GMBH: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 51 STMicroelectronics: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)

Frequently Asked Question:

What is the size of Optical Sensor Market?

The market for Optical Sensor Market is expected to reach USD$ 1.7Bn in 2027.

What is the Optical Sensor Market CAGR?

The Optical Sensor Market is expected to see significant CAGR growth over the coming years, at 13.5%.

What is the Forecast period considered for Optical Sensor Market?

The report is forecasted from 2019 -2027.

What is the base year considered for Optical Sensor Market?

The base year of this report is 2018.

Who are the major players in this market?

Coherent Inc., Samsung, Analog Devices Inc., Canon U.S.A. Inc., Baumer Electric AG. are some of the major players in the global market.

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