Market Research Reports : Hexa Research Optical Sensors Market, 2016 to 2024 | Page 2
Hexa Research
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The growing commercial uses of the Fibrecore (Optical Fiber) in the femtosecond laser
widely employed in the oil and gas industry are substantially benefitting the optical sensors
market. These femtosecond gratings use pure silica core fibers having high durability since
they do not react with hydrogen. It helps in the reduction of the repair and replacement
costs.
Increasing demand for optical sensors in the 3D shape sensing domain is anticipated to
influence market demand positively over the forecast period. The use of the optical
sensors in the healthcare center is relatively new. These devices have replaced the old Vivo
processes and are placed or inserted in those parts of the human body which are not easily
accessible; its low-cost sensing abilities is projected to drive the demand for optical
sensors in the healthcare sector.
The optical sensors have a broad range of uses in electronic interference, electrical
passiveness, greater sensitivity, wide dynamic range, point & distributed configuration, and
multiplexing capabilities. The multiple uses of the optical sensor are anticipated to have a
positive impact on overall market growth.
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The increase in research and development activities is projected to increase application
areas of the optical sensors. Companies have made huge investments in this sector to
improve the fabrication techniques and fulfill different types of consumer demands .
The high costs of the sensors and the lack of standardizations are anticipated to hinder the
growth of the optical sensors market. Lack of awareness, less acceptability and the
unjustifiable image quality offered by the optical sensors could also hinder the market
growth.
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