Market Outlook

According to Future Market Consulting analysis, Global Optical Sensors Market size was valued at USD 23.81 Billion in 2021 and is projected to reach USD 52.39 Billion by 2030, growing at a CAGR of 8.37 % from 2022 to 2030.

The optical sensors are used to measure light intensity and transform them into electrical signals that can be read by modern devices. Because of their small size, versatility, and non-poisonous substances used in the assembly processes, optical sensors are widely utilized in oil and gas industry and healthcare. The automotive, oil & gas, medical & pharmaceutical, consumer electronics, manufacturing and other primary end-client industries make extensive use of optical sensors.

Due to their capacity to withstand severe environments, optical sensors are gaining popularity in the aerospace and defense industries. Remotely sensed data is becoming an important factor in the increasing utilization optical sensors for thermal analysis in petrochemical and thermal plants. Oil and gas industries are widely using optical pressure measurement sensors, which adds to the development of the optical sensors market. The telecommunication industry's practical approach to the use of optical fiber cable is providing prospects for the market to develop. Explosive growth in smart city, smart building, and smart home projects is expected to encourage the deployment of illuminance and smart lighting technologies, creating a chance for the optical sensor market to expand. Optical sensors like temperature, pressure, image, and motion sensors are predicted to be extensively used in sectors such as consumer electronics, healthcare and automotive.

Key Players

• Oxsensis Ltd (U.K.)
• TE Connectivity Ltd. (Switzerland)
• AMS AG. (Austria)
• ABB Ltd. (Switzerland)
• Texas Instrument Incorporated (U.S.)
• Infineon Technologies AG. (Germany)
• Sony Corporation (Japan)
• ROHM Company Ltd (Japan)
• Hamamatsu Photonics K.K. (Japan)
• Analog Devices Inc. (U.S.)
• STMicroelectronics N.V. (Switzerland)
• Teledyne Technologies Incorporated (U.S.)

Segmentation

By Product Type

• Ambient Light and Proximity Sensor
• Fiber Optic Sensor
• Image Sensor
• Infrared Detectors
• Photoelectric Sensor
• Other Products

By Output

• Analog
• Digital

By Integration

• Discrete
• Combination

By Application

• Biometric
• Ambient Light Sensing
• Biomedical Sensing
• Fiber Optic Chemical Sensing
• Temperature Sensing
• Radiation Detection
• Displacement & Position Sensing
• Acoustic Field & Vibration Sensing
• Pressure & Strain Sensing
• Geographical Survey
• Metrology

By End User

• Aerospace & Defense
• Automotive
• Building Automation
• Chemical
• Consumer Electronics
• Food & Beverage
• Manufacturing
• Material Handling
• Healthcare
• Security and Surveillance

By Region

• North America (US, Canada, Mexico);
• Europe (UK, Germany, France, Italy, Spain, Rest of Europe);
• Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific);
• Middle East & Africa (GCC, South Africa, Rest of Middle East & Africa);
• South America (Brazil, Argentina, Rest of South America);