Hexa Research
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The optical sensor market is categorized on the basis of type into fiber optic sensors , color & image sensors , infrared detectors , ambient light sensors , optical switches , optical navigation sensors , light to digital converters , photodiodes , phototransistors , and photoelectric sensors .
The optical sensors market is segmented on the basis of end-users into consumer electronics , military & defense , industrial process control , energy & utility , automation , transportation & navigation and others .
The optical sensors market can be classified on the basis of applications into night vision cameras , partial discharge detection , military & law enforcement , chemical sensing and biological sensing .
The Asia Pacific , optical sensors market , is expected to grow at the highest CARG from 2016 to 2024 . Technological advancements in the manufacturing sector on account of substantial investments made by multinational automotive players has led to the automation of most of the factories in this region which is projected to drive the growth of this market .
Most of the countries in Asia Pacific such as India , Singapore , Malaysia , Taiwan and China are focusing on projects which would help in the improvement of the public infrastructure . Japan is expected to have a tremendous growth potential due to the increasing urbanization and improving medical infrastructural facilities . The use of optical sensors in computers and labs is also projected to drive overall market demand .
North America is expected to continue its dominance in 2024 on account of increasing demand for optical sensors in the U . S . Adoption of advanced technologies and increase use of internet services is anticipated to propel market demand over the coming years . Europe
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