Global Optical Sensors Market Value USD 34 Billion by 2020 - Analysis & Forecast Report 2015-2020

Dec 09, 2015, 19:10 ET from Research and Markets

DUBLIN, Dec. 09, 2015 /PRNewswire/ --

Research and Markets ( has announced the addition of the "Optical Sensors Market Analysis: By Types; Verticals (Material Handling,Building Automation,Manufacturing,Packaging,Security & Surveillance) - With Forecast (2015-2020)" report to their offering.

This detailed report provides a comprehensive understanding of the Global Optical Sensor Market, offering readers in-depth analysis of the various challenges, drivers and opportunities all market participants should be aware of. This information is provided for current and future trends, ensuring readers are up-to-date with important changes within the market. The market is predicted to grow at 9.81% CAGR year on year for next 5 years to reach $34billion by 2020.The global automation industry, particularly the process automation and industry is growing at around 6.3% and they are the primary growth drivers for the global optical sensors market.

Increasing use of automation in different industry verticals like food and beverage, chemicals, petrochemicals, paper and pulp, packaging drives the need for installation of products or hardware which uses optical sensors on a larger scale. Image sensors are used in machine vision based products for assembly line monitoring and other automation purposes. Color sensors for example are used in the packaging, food and beverage industry for accuracy purposes. Compared to image sensors they are cheaper, faster and can be replaced easily.

Companies Mentioned:

  • Hamamatsu Photonics KK
  • Leuze Electronic Gmbh + Co Kg
  • Baumer Electric Ag
  • Ifm Electronic Gmbh
  • Sofradir Ec, Inc
  • Vigo System SA
  • Carlo Gavazzi Automation Spa
  • Theben AG
  • Teledyne Dalsa
  • Aptina Imaging
  • Pepperl + Fuchs Gmbh
  • ST Microelectronics
  • Rohm Semiconductor
  • Omnivision Technologies
  • Vishay Intertechnology, Inc
  • Panasonic Corporation
  • Steinel Professional
  • BEG Bruck Electronics Gmbh
  • Busch-Jaeger
  • Fairchild Semiconductor
  • First Sensor Ag
  • Optek Technology
  • Irisys (Infrared Integrated Systems Limited)
  • Keyence Corporation

Report Structure:

1. Global Optical Sensors - Market Overview

2. Executive Summary

3. Global Optical Sensors - Market Landscape

4. Global Optical Sensors - Market Forces

5. Global Optical Sensors - Strategic Analysis

6. Global Optical Sensors Market - Product Types Analysis

7. Global Optical Sensors Market - End Use Verticals Analysis

8. Global Optical Sensors Market - Geographic Analysis

9. Market Entropy

10. Company Reports (Overview, Financials, SWOT Analysis, Developments, Product Portfolio)

11. Appendix

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SOURCE Research and Markets