Photonic Sensors and Detectors: Technologies and Global Markets
LONDON, Nov. 25, 2014 /PRNewswire/ -- This BCC Research report discusses the important elements of the photonic sensor and detector market such as technology, application, geography, major manufacturers and factors influencing demand. It also includes forecasted trends and sales through 2019.
Use this report to:
- Receive an in-depth analysis of the global photonic sensor and detector market by type, technology, application and geography.
- Identify and analyze major market segments and their respective structure in the overall photonic sensor and detector market.
- Analyze the need for a technologically advanced lighting system.
- Identify major stakeholders and analyze the competitive landscape on the basis of recent developments.
Highlights
- The global photonic sensors and detectors market was worth $6.3 billion in 2013. This market is expected to increase from nearly $7.3 billion in 2014 to about $15.2 billion in 2019, registering a compound annual growth rate (CAGR) of 15.9% during the five-year period from 2014 to 2019.
- The North American segment of the global photonic sensors and detectors market is expected to reach $2.8 billion in 2014. It is further projected to grow to about $5.3 billion in 2019, with a CAGR of 13.2% for the five-year period, 2014 to 2019.
- The Asia-Pacific segment of the market is expected to reach $1.2 billion in 2014 and nearly $3.4 billion in 2019, a CAGR of 22.4% for the period 2014 to 2019.
Introduction & Scope
INTRODUCTION
STUDY GOALS AND OBJECTIVES
- To define, identify and analyze major market segments and their respective structure in the overall photonic sensor and detector market.
- To identify key market dynamics, trends, opportunities and factors impacting the global photonic sensor and detector market and its subsegments.
- To forecast the size of the overall photonic sensor and detector market and to analyze it on the basis of type of sensors and detectors, technology, application and
geography.
- Identify major stakeholders and analyze the competitive landscape on the basis of recent developments.
- To identify the trends, gaps and opportunities in each of the micromarkets.
- To understand the effect of environmental concerns on this market.
- To analyze and achieve an understanding of the need for technologically advanced lighting system.
STUDY BACKGROUND
Photonic sensors and detectors are devices used to foster interaction in the machine/environment interface. Photonic sensors are revolutionizing imaging sensor technology, which is the low-mass and low-volume alternative for bulky conventional sensors. The utilization of sensors in science has become very important in order to conduct research, particularly in making the invisible visible.
As of late, photonics has been distinguished as an empowering field of engineering that impacts, envelops and underpins a host of modern industrial segments, from
healthcare to defense, manufacturing to telecommunications, aviation to biotechnology and from energy to nature's domain: the environment. In all these segments, the sensing application of photonics could be distinguished by the opportune provision of light (optical radiation) either in a truly novel connection, for example advanced photodynamic restorative medicine, or as a reinstatement for a more established old-fashioned innovation, for example, signage and lighting dependent upon the utilization of incandescent lamps.
The photonic sensor market has gained momentum in the last couple of years and is coming to be seen as one of the significant advances engendering new innovations with noteworthy financial return. This is due to the fact that it enables development of products that have greater functionality while using less energy along with being cost-effective, smaller in size, and lighter and faster as compared to conventional sensing technologies. With the amount of advancements occurring in the innovation of photonic sensors and the rise in popularity for items that utilize photonic sensors, this business sector is expected to develop exponentially in the coming five years at a significant growth rate. Most of the opportunities in the photonic sensor and detector market are application driven. A burgeoning of applications is projected to emerge chiefly due to the expanded utilization of sensors. The use of fiber optic sensors is gaining favor in the oil and gas exploration and civil engineering largely for security purposes. Biophotonic sensors will gain with new healthcare applications and ongoing research. However, high cost and lack of standards could restrain the global photonic sensors market.
This report will provide Business Communications Company Inc.'s new report on photonic sensors and detectors including forecasted trends and sales through 2019.
Important elements of the photonic sensor and detector market such as technology, application, geography, major manufacturers and factors influencing demand are
discussed. Photonics is a science that involves generation, transmission, emission, modulation, switching, signal processing and amplification of light. The photonic
sensors use these properties in combination with light source, fiber optics, electro-optical instrumentation and sophisticated nanophotonic methods for detection
or sensing of light.
SCOPE OF REPORT
This report represents an in-depth analysis of the global photonic sensor and detector market by type, technology, application and geography. The report discusses the
differentiation between photonic sensors and detectors to derive specific market estimation. The report discusses a comparative study between conventional and
emerging sensors and the importance of the advances in photonic sensors and detectors. Emerging trends such as commercialization of photonic bio-chemical sensors and green photonics are also discussed in the report. The report also discusses strategies adopted by major players in the global photonic sensor and detector market.
Patent analysis imparted in the report provides a snapshot of technological trends in the global market over time as well as geographically— namely for the U.S., Europe
and Japan. The global photonic sensor and detector market is segmented on the basis of type of photonic sensors as: fiber optic sensors, image sensors, biophotonic sensors
and others. The photonic devices are segmented as: single photon counting modules (SPCM), avalanche photodiodes, photodiodes, phototransistors, analog optoisolator and
optocoupler, photocell and others. The photonic sensors and detectors are produced by using technologies such as fiber optics, laser technology and biophotonic technology.
Photonic sensors included in the report are as follows:
- Fiber optic sensors including Bragg grating sensors, distributed sensors, quasi-distributed sensors and point sensors.
- Charge-coupled devices (CCD), complementary metal oxide semiconductors (CMOS), position-sensitive detectors (PSD) and photoelectric sensors.
- Biophotonic sensors including intrinsic and extrinsic sensors.
The applications the report covers include:
- Military.
- Homeland Security.
- Industrial process.
- Factory automation.
- Civil structures.
- Transportation.
- Biomedical.
- Micro fluidic.
- Bio and environmental analytics.
- Wind energy turbines.
- Oil and gas.
INTENDED AUDIENCE
The intended audience includes:
- Photonic technology providers and sensor and detector manufacturers along with potential entrants.
- Wholesalers, distributors and retailers of photonic sensors and detectors.
- Research institutes and associations.
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