LONDON–(BUSINESS WIRE)–Jan 28, 2021–
The photonic sensor market is expected to grow by $ 20.29 bn, progressing at a CAGR of almost 18% during the forecast period.
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Technavio has announced its latest market research report titled Global Photonic Sensor Market 2021-2025 (Graphic: Business Wire)
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The advent of the wireless sensing technology is one of the major factors propelling market growth. However, factors such as accuracy and calibration issues during sensor fusion will hamper the market growth.
More details: https://www.technavio.com/report/photonic-sensor-market-industry-analysis
Photonic Sensor Market: Type Landscape
Based on the type, the fiber optic sensors segment is expected to witness lucrative growth during the forecast period.
Photonic Sensor Market: Application Landscape
Based on the application, the defense and security segment is expected to witness lucrative growth during the forecast period.
Photonic Sensor Market: Geographic Landscape
By geography, North America is going to have a lucrative growth during the forecast period. About 33% of the market’s overall growth is expected to originate from North America. The US is one of the key markets for the photonic sensor in North America.
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Companies Covered:
- Banner Engineering Corp.
- Baumer Holding AG
- Broadcom Inc.
- Halliburton Co.
- Hamamatsu Photonics KK
- Honeywell International Inc.
- Mitsubishi Electric Corp.
- OMRON Corp.
- Roctest Ltd.
- Samsung Electronics Co. Ltd.
What our reports offer:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers market data for 2019, 2020, until 2024
- Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Key Topics Covered:
Executive Summary
Market Landscape
- Market ecosystem
- Market characteristics
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020 – 2025
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Application
- Market segments
- Comparison by Application
- Defense and security – Market size and forecast 2020-2025
- Industrial infrastructure – Market size and forecast 2020-2025
- Public infrastructure – Market size and forecast 2020-2025
- Medical – Market size and forecast 2020-2025
- Others – Market size and forecast 2020-2025
- Market opportunity by Application
Market Segmentation by Type
- Market segments
- Comparison by Type
- Fiber optic sensors – Market size and forecast 2020-2025
- Bio-photonic sensors – Market size and forecast 2020-2025
- Image sensors – Market size and forecast 2020-2025
- Others – Market size and forecast 2020-2025
- Market opportunity by Type
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America – Market size and forecast 2020-2025
- Europe – Market size and forecast 2020-2025
- APAC – Market size and forecast 2020-2025
- South America – Market size and forecast 2020-2025
- MEA – Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Vendor Landscape
- Landscape disruption
- Competitive scenario
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Banner Engineering Corp.
- Baumer Holding AG
- Broadcom Inc.
- Halliburton Co.
- Hamamatsu Photonics KK
- Honeywell International Inc.
- Mitsubishi Electric Corp.
- OMRON Corp.
- Roctest Ltd.
- Samsung Electronics Co. Ltd.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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SOURCE: Technavio Research
Copyright Business Wire 2021.
PUB: 01/28/2021 05:26 PM/DISC: 01/28/2021 05:26 PM
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