Title: Optical Sensing Market Key Mergers, 2019 Share, Growth Potential, Size Analysis, Competitive Overview and Regional Forecast To 2026
1Optical Sensing Market Key Mergers, 2019 Share,
Growth Potential, Size Analysis, Competitive
Overview and Regional Forecast To 2026
Optical Sensing Market By Industry (Aerospace and
Defense, Utilities, Oil and Gas, Medical,
Construction, Consumer Electronics, Others),
Application (Pressure and Strain Sensing,
Temperature Sensing, Geological Survey,
Biochemical, Biometric and Ambience, Others),
Geography (North America, South America, Europe,
Asia-Pacific, Middle East and Africa) Industry
Trends and Forecast to 2026
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2Report Description
Optical sensing market is expected to register a
healthy CAGR of 16.90 in the forecast period of
2019-2026. The report contains data from the base
year of 2018 and the historic year of 2017. The
rise in the market value can be attributed to
increasing demand for advanced security features
in smartphones has led to features, such as
on-screen fingerprint scan in which an optical
sensor detects and verifies fingerprints and
sensors which have applications in intelligent
lighting as they help in saving power. A
dedicated sensor which converts optical signals
into electronic signals is an optical sensor. It
is comparable to a photo resistor's
functionality, it analyses the physical quantity
of light and transforms it into a form that a
measuring instrument can interpret. Most often,
this variation or change is based on
modifications in light intensity. Broad purposes
such as imaging, quality and process control,
metrology, remote sensing, medical technology,
among others, have been commonly implemented.
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3Major Key Players
- Some of the major players operating in this
market are - Fotech Solutions Ltd.
- Intelligent Fiber Optic Systems Corporation
(IFOS) - OptaSense
- Silixa Ltd
- RJC Enterprises, LLC.
- Oxsensis
- Teledyne Technologies Incorporated
- AlphaSense
- Vishay Intertechnology, Inc
- STMicroelectronics
- Texas Instruments Incorporated
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4Market Segmentation
- By Industry (Aerospace and Defense, Utilities,
Oil and Gas, Medical, Construction, Consumer
Electronics, Others) - By Application (Pressure and Strain Sensing,
Temperature Sensing, Geological Survey,
Biochemical, Biometric and Ambience, Others)
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5Regional Analysis
- Based on geography, the market is segmented into
five geographical regions - North America
- Europe
- Asia-Pacific
- South America
- Middle East
- Africa
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