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Optical Sensors Market Share

Report ID: GMI755
Published Date: Aug 2024
Report Format: PDF

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Optical Sensors Market Share

ams AG and Hamamatsu Photonics K.K hold a significant share in the optical sensors industry. ams AG excels in high-performance optical sensors, particularly in consumer electronics and automotive applications. Hamamatsu Photonics K.K., known for its cutting-edge photonic sensors and imaging technologies, plays a crucial role in medical and scientific instrumentation. Their leadership reflects a strong emphasis on advancing sensor capabilities and meeting diverse industry needs.

Some other major players in the market are On Semiconductor, Panasonic Corporation, ROHM Co., Ltd. Inc., Samsung, Sensopart Industriesensorik GmbH, Sick AG, Sony Corporation, and STMicroelectronics N.V.,

Optical Sensors Market Companies

Major players operating in the optical sensors industry are:

ams AG
Analog Devices, Inc.
Broadcom
HAMAMATSU PHOTONICS K.K.
Honeywell International Inc.
TE Connectivity
Texas Instruments Incorporated
TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION
Vishay Intertechnology, Inc.

Authors: Suraj Gujar, Rutvij Kshirsagar

Frequently Asked Questions (FAQ) :

The market size for optical sensors was valued at USD 23.56 billion in 2023 and is anticipated to record over 10% CAGR between 2024 and 2032 driven by advancements in technology and the increasing demand for automation across various industries.

The photoelectric sensors segment in the optical sensors market is expected to reach a value over USD 20 billion by 2032 due to their ability to detect a wide range of objects, distances, and materials.

North America market held over 35% share in 2023 driven by automation and smart manufacturing technologies.

ams AG, Analog Devices, Inc., Broadcom, HAMAMATSU PHOTONICS K.K., Honeywell International Inc., TE Connectivity, Texas Instruments Incorporated, and TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION