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Optical Position Sensors Market Analysis- Industry Size, Share, Research Report, Insights, Covid-19 Impact, Statistics, Trends, Growth and Forecast 2022-2030

Published Date: August, 2022
No of Pages: 168
Delivery Format: PDF+ Excel

$2,950.00

The global Optical Position Sensor Market is anticipated to reach $2,589 million by 2022 from $1,376 million in 2015, growing at a CAGR of 9.3% from 2016 to 2022. Optical position sensor detects the position of the targeted object. These sensors are widely used in semiconductor modules and chips, for example, automobiles, consumer electronics, medical devices, aircrafts, and others.

Increase in demand for automobile safety, rise in number of consumer electronics, and cost-efficiency of sensor drives the growth of OPTICAL POSITION SENSORS market. Growth in adoption of wearable medical devices and need for high-performance sensors are further projected to fuel the market growth. However, low accuracy and less customization of sensor hamper the growth of the market. Irrespective of these challenges, rise in demand and production of consumer electronic devices, such as cellular phones, provides lucrative opportunities to boost the market growth.

Optical Position Sensors Market Report Scope and Segmentation

ATTRIBUTESDETAILS
ESTIMATED YEAR2022
BASE YEAR2021
FORECAST YEAR2030
HISTORICAL YEAR2017-2021
UNITValue (USD Million/Billion)
BY REGIONNorth America, Europe, Asia Pacific, Latin America, Middle East and Africa

Increase in demand for automobile safety

Optical position sensors detect changes in vehicle positions and provide parking assistance. In addition, these sensors ensure driver safety, thus releasing airbag depending on the position of the driver. Thus, rise in use of vehicles is projected to fuel the growth of OPTICAL POSITION SENSORS market.

Rise in need for optical position sensors among different application areas

The demand for optical position sensors has increased due to their applications in as automobiles, consumer electronics, medical devices, and aircrafts. Owing to their compact size, reliability, and low power consumption, these sensors are widely adopted in consumer electronic applications. These factors are expected to drive the growth of the market in the forecast period.

Optical Position Sensor Market Segment Overview

The optical position sensor is segmented on the basis of type, application, and geography.

By type, the market is divided into one-dimensional optical position sensor, two-dimensional optical position sensor, and multiaxial optical position sensor. Based on application, it is categorized into aerospace & defense, automotive, consumer electronics, healthcare, and others. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific accounted for the largest revenue share, owing to the increase in demand for semiconductor and portable devices.

Consumer Electronics sector dominates the optical position sensor market constituting around 50% of the market revenue in 2015. The application of these sensors in consumer electronics would continue to be a key revenue generator throughout the analysis period. Aerospace & Defense is the second largest revenue generating sector, followed by automotive sector.

Competition analysis

Comprehensive competitive analyses and profiles of major market players, including First Sensors AG, Siemens AG, Panasonic Corporation, Opto Diode Corporation, Sharp Corporation, Micro-Epsilon, Balluff GmbH, Sensata Technologies, Hamamastu Photonics K.K., and Melexis N.V. are provided in the report. These players have adopted partnership and acquisition to expand their customer base and increase their shares.

Key benefits

  • The study provides an in-depth analysis of the global optical position sensor market to elucidate the prominent investment pockets.
  • Current trends and future estimations from 2016 2022 are outlined to determine the overall market potential and single out profitable trends to gain a stronger foothold.
  • It presents information about key drivers, restraints, and opportunities along with their impact analyses.
  • Value chain analysis enables to understand the roles of intermediaries in the production processes.

Optical Position Sensor Type Report Highlights

SegmentsSub-segments
By Type
  • One-dimensional
  • Two-dimensional
  • Multi axial
By Application
  • Aerospace & defense
  • Automotive
  • Consumer electronics
  • Healthcare
  • Others
By Geography
  • NORTH AMERICA
    • U.S.
    • Canada
    • Mexico
  • EUROPE
    • UK
    • Germany
    • France
    • Italy
    • Rest of Europe
  • ASIA-PACIFIC
    • China
    • India
    • Japan
    • South Korea
    • REST OF ASIA PACIFIC
  • LAMEA
    • LATIN AMERICA
    • AFRICA
    • MIDDLE EAST
Key Market PlayersFirst Sensors AG, Siemens AG, Panasonic Corporation., Opto Diode Corporation., Sharp Corporation, Micro-Epsilon., Balluff GmbH., Sensata Technologies, Hamamastu Photonics K.K., Melexis N.V.

 

Table of Contents

CHAPTER 1 INTRODUCTION

1.1 Report description
1.2 Key benefits
1.3 Key market segments
1.4 Research methodology

1.4.1 Secondary research
1.4.2 Primary research
1.4.3 Analyst tools and models

CHAPTER 2 EXECUTIVE SUMMARY

2.1 Overview
2.2 Market Snapshot
2.3 CXO perspective

CHAPTER 3 MARKET OVERVIEW

3.1 Market definition and scope
3.2 Key findings

3.2.1 Top impacting factor
3.2.2 Top winning strategies
3.2.3 Top investment pockets

3.3 Porter’s five forces analysis

3.3.1 Low bargaining power of suppliers due to high number of suppliers and moderate switching cost
3.3.2 Moderate bargaining power of buyer due to high demand, moderate availability of internal substitutes and moderate players that provide quality product
3.3.3 Internal availability of substitutes and Moderate cost decreases threat of internal substitutes
3.3.4 Moderate threat of new entrants due to presence of dominant players, moderate initial investment cost and high technological requirement
3.3.5 Presence of numerous players, moderate brand loyalty, low switching cost decreases the competition among rivalries

3.4 Market share analysis, 2015
3.5 Drivers

3.5.1 It is used in automobile’s safety and assistance
3.5.2 It is incorporated in the consumer electronics
3.5.3 It is being used for virtual assistance and training

3.6 Restraints

3.6.1 The accuracy should be at the atomic level
3.6.2 No standard rules to determine the performance of the optical position sensor

3.7 Opportunities

3.7.1 Growing use of wearable technology in medical devices

CHAPTER 4 GLOBAL OPTICAL POSITION SENSOR BY TYPE

4.1 Overview
4.2 ONE-DIMENSIONAL

4.2.1 KEY MARKET TRENDS
4.2.2 KEY GROWTH FACTORS AND OPPORTUNITIES
4.2.3 MARKET SIZE AND FORECAST

4.3 TWO-DIMENSIONAL

4.3.1 KEY MARKET TRENDS
4.3.2 KEY GROWTH FACTORS AND OPPORTUNITIES
4.3.3 MARKET SIZE AND FORECAST

4.4 MULTI-AXIAL

4.4.1 KEY MARKET TRENDS
4.4.2 KEY GROWTH FACTORS AND OPPORTUNITIES
4.4.3 MARKET SIZE AND FORECAST

CHAPTER 5 GLOBAL OPTICAL POSITION SENSOR BY APPLICATIONS

5.1 Overview
5.2 AEROSPACE & DEFENCE

5.2.1 KEY MARKET TRENDS
5.2.2 KEY GROWTH FACTORS AND OPPORTUNITIES
5.2.3 MARKET SIZE AND FORECAST

5.3 AUTOMOTIVES

5.3.1 KEY MARKET TRENDS
5.3.2 KEY GROWTH FACTORS AND OPPORTUNITIES
5.3.3 MARKET SIZE AND FORECAST

5.4 CONSUMER ELECTRONICS

5.4.1 KEY MARKET TRENDS
5.4.2 KEY GROWTH FACTORS AND OPPORTUNITIES
5.4.3 MARKET SIZE AND FORECAST

5.5 HEALTHCARE

5.5.1 KEY MARKET TRENDS
5.5.2 KEY GROWTH FACTORS AND OPPORTUNITIES
5.5.3 MARKET SIZE AND FORECAST

5.6 OTHERS

5.6.1 KEY MARKET TRENDS
5.6.2 KEY GROWTH FACTORS AND OPPORTUNITIES
5.6.3 MARKET SIZE AND FORECAST

CHAPTER 6 GLOBAL OPTICAL POSITION SENSORS MARKET BY GEOGRAPHY

6.1 Overview
6.2 North America

6.2.1 KEY MARKET TRENDS
6.2.2 KEY GROWTH FACTORS AND OPPORTUNITIES
6.2.3 MARKET SIZE AND FORECAST
6.2.4 U.S. OPTICAL POSITION SENSORS MARKET BY REVENUE AND VOLUME, ($MILLION), GROWTH (%) 2014-2022
6.2.5 CANADA OPTICAL POSITION SENSORS MARKET BY REVENUE AND VOLUME, ($MILLION), GROWTH (%) 2014-2022
6.2.6 MEXICO OPTICAL POSITION SENSORS MARKET BY REVENUE AND VOLUME, ($MILLION), GROWTH (%) 2014-2022

6.3 Europe

6.3.1 KEY MARKET TRENDS
6.3.2 KEY GROWTH FACTORS AND OPPORTUNITIES
6.3.3 MARKET SIZE AND FORECAST
6.3.4 UNITED KINGDOM OPTICAL POSITION SENSORS MARKET, ($MILLION), GROWTH BY REVENUE AND VOLUME (%) 2014-2022
6.3.5 GERMANY OPTICAL POSITION SENSORS MARKET BY REVENUE AND VOLUME, ($MILLION), GROWTH (%) 2014-2022
6.3.6 FRANCE OPTICAL POSITION SENSORS MARKET BY REVENUE AND VOLUME, ($MILLION), GROWTH (%) 2014-2022
6.3.7 ITALY OPTICAL POSITION SENSORS MARKET BY REVENUE AND VOLUME, ($MILLION), GROWTH (%) 2014-2022
6.3.8 REST OF EUROPE OPTICAL POSITION SENSORS MARKET BY REVENUE AND VOLUME, ($MILLION), GROWTH (%) 2014-2022

6.4 Asia-Pacific

6.4.1 KEY MARKET TRENDS
6.4.2 KEY GROWTH FACTORS AND OPPORTUNITIES
6.4.3 MARKET SIZE AND FORECAST
6.4.4 CHINA OPTICAL POSITION SENSORS MARKET, ($MILLION), GROWTH (%) 2014-2022
6.4.5 INDIA OPTICAL POSITION SENSORS MARKET, ($MILLION), GROWTH (%) 2014-2022
6.4.6 JAPAN OPTICAL POSITION SENSORS MARKET, ($MILLION), GROWTH (%) 2014-2022
6.4.7 SOUTH KOREA OPTICAL POSITION SENSORS MARKET, ($MILLION), GROWTH (%) 2014-2022
6.4.8 REST OF ASIA PACIFIC OPTICAL POSITION SENSORS MARKET, ($MILLION), GROWTH (%) 2014-2022

6.5 LAMEA

6.5.1 KEY MARKET TRENDS
6.5.2 KEY GROWTH FACTORS AND OPPORTUNITIES
6.5.3 MARKET SIZE AND FORECAST
6.5.4 LATIN AMERICA OPTICAL POSITION SENSORS MARKET, ($MILLION), GROWTH (%) 2014-2022
6.5.5 AFRICA OPTICAL POSITION SENSORS MARKET, ($MILLION), GROWTH (%) 2014-2022
6.5.6 MIDDLE EAST OPTICAL POSITION SENSORS MARKET, ($MILLION), GROWTH (%) 2014-2022

CHAPTER 7 COMPANY PROFILE

7.1 First Sensors AG

7.1.1 Company overview
7.1.2 Company Snapshot

7.2 Siemens AG

7.2.1 Company overview
7.2.2 Company Snapshot

7.3 Panasonic Corporation.

7.3.1 Company overview
7.3.2 Company Snapshot

7.4 Opto Diode Corporation.

7.4.1 Company overview
7.4.2 Company Snapshot

7.5 Sharp Corporation

7.5.1 Company overview
7.5.2 Company Snapshot

7.6 Micro-Epsilon.

7.6.1 Company overview
7.6.2 Company Snapshot

7.7 Balluff GmbH.

7.7.1 Company overview
7.7.2 Company Snapshot

7.8 Sensata Technologies

7.8.1 Company overview
7.8.2 Company Snapshot

7.9 Hamamastu Photonics K.K.

7.9.1 Company overview
7.9.2 Company Snapshot

7.10 Melexis N.V.

7.10.1 Company overview
7.10.2 Company Snapshot

Major Companies

  • First Sensors AG,
  • Siemens AG,
  • Panasonic Corporation.,
  • Opto Diode Corporation.,
  • Sharp Corporation,
  • Micro-Epsilon.,
  • Balluff GmbH.,
  • Sensata Technologies,
  • Hamamastu Photonics K.K.,
  • Melexis N.V.

Segmentation

By Type
  • One-dimensional
  • Two-dimensional
  • Multi axial
By Application
  • Aerospace & defense
  • Automotive
  • Consumer electronics
  • Healthcare
  • Others

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