Photonic Sensors & Detectors Market: Expansion in Fibre Optic Communication Likely to Fuel Market Growth: Global Industry Analysis & Opportunity Assessment, 2016 - 2026

  • Published: 2016-10-12
  • Report Code: REP-GB-752

An Incisive, In-depth Analysis on the Photonics Sensor And Detector Market

This study offers a comprehensive, 360 degree analysis on the Photonics Sensor And Detector market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Photonics Sensor And Detector market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.

Photonics is the technology of generating and harnessing light and other forms of radiant energy whose quantum unit is the photon. The science of photonics includes light emission, transmission, deflection, amplification, and detection by optical components and instruments, lasers, and other light sources, fibre optics, electro-optical instrumentation, related hardware and electronics, and sophisticated systems. Photonic sensor is a device that senses light and converts to electricity. Photonics acts as a switch between the transmitter and receiver. A photonic detector counts the number of photons of light. The global photonic sensors and detectors market is likely to witness a CAGR of 7.2% during the forecast period (2016 – 2026).

Global expansion in fibre optic communication likely to fuel market growth

Various government initiatives, increasing adoption of industrial automation solutions in the manufacturing industry, and increased investment in fibre optic communications are major drivers for the growth of the global photonic sensors and detectors market. Continuous investment and development of new technologies in medical devices and a rapid proliferation of the Internet of Things (IoT) is creating ample growth opportunities for major players in the global photonic sensors and detectors market. 

Leading players in the global photonic sensors and detectors market are faced with major challenges that force them to reduce profit margins from image sensors, thereby affecting profitability. Also, a lengthy regulatory approval and technology assessment process pertaining to new product development is likely to restrict growth of the global photonic sensors and detectors market during the forecast period.

Market segmentation

The global photonic sensors and detectors market is segmented on the basis of Sensor Type (Fibre Optic Sensors, Biophotonic Sensors, Image Sensors, Others); Detector Type (Photo Transistors, Single Photon Counting Modules, Photodiodes, Photocells, Others); End use Sector (Defence & Security, Medical & Healthcare, Chemicals & Petrochemicals, Consumer Electronics & Entertainment, Industrial Manufacturing, Aviation, Research & Development, Others); and Region (North America, Latin America, Western Europe, Eastern Europe, APEJ, Japan, MEA).

Biophotonic Sensor Type segment to register the highest CAGR during the forecast period

The Biophotonic Sensors segment is projected to be most attractive segment in the global photonic sensors and detectors market, registering a CAGR of 9.7% between 2016 and 2026. The Fibre Optic Sensors segment accounted for the highest market share in 2015, and was valued at US$ 5.3 Bn in 2015.

Photodiodes Detector Type segment projected to be the most attractive segment

The Photodiodes segment was valued at US$ 3.2 Bn in 2015 and is expected to dominate the global photonic sensors and detectors market during the forecast period. The Single Photon Counting Modules segment is expected to exhibit a CAGR of 9.2% during the forecast period.

Aviation End use Sector segment expected to register high Year-on-Year growth rates

The Aviation segment is expected to witness total incremental opportunity of US$ 1.9 Bn between 2016 and 2026. The Medical & Healthcare segment is projected to be the most attractive segment in the global photonic sensors and detectors market during the forecast period.

North America largest market for photonic sensors and detectors

The North America photonic sensors and detectors market is currently the largest market for photonic sensors and detectors and is expected to account for about 28% value share of the global photonic sensors and detectors market by 2026. The APEJ market is expected to register high Y-o-Y growth rates between 2016 and 2026 and witness a CAGR of 10.0% over the forecast period. APEJ and Latin America are slated to be the fastest growing markets during the period 2016 – 2026.

photonic pensors and detectors market

Leading market players are focussing on product innovation and focussed sales through direct distribution to increase market share

Some of the top companies identified across the global photonic sensors and detectors market value chain are Hamamatsu Photonics K.K, OMRON Corporation, ON Semiconductor, SAMSUNG, Sony Corporation, KEYENCE CORPORATION, Pepperl+Fuchs GmbH, Prime Photonics, LC, Banpil Photonics, Inc., and NP Photonics, Inc. Top companies are focussing on increasing their investments in technology R&D initiatives and are entering into strategic global alliances and partnerships to strengthen their position in the market.

Future Market Insights offers a 10-year forecast of the global photonic sensors and detectors market between 2016 and 2026 in a new report titled “Photonic Sensors & Detectors Market: Global Industry Analysis & Opportunity Assessment, 2016-2026”. Our comprehensive study demonstrates key market dynamics and trends likely to influence the current status and future scope of the global photonic sensors and detectors market over the forecast period.

Report description

This research report provides detailed analysis of the global photonic sensors and detectors market and offers insights on the various factors driving the popularity of these products. We have included an extensive analysis of key industry drivers, restraints, market trends, and market structure; and have provided a comprehensive assessment of stakeholder strategies and imperatives for business success. The global photonic sensors and detectors market report segregates the market based on sensor type, detector type, end use sector, and region. The report begins with an overview of the global photonic sensors and detectors market followed by important market definitions and the various market dynamics. Impact analysis of key growth drivers and restraints based on the weighted average model is also included in the global photonic sensors and detectors market report to facilitate clients with pertinent decision-making insights. 

The subsequent sections provide a detailed analysis of the global photonic sensors and detectors market based on sensor type, detector type, end use sector, and region; and present a comprehensive market forecast in terms of value over the forecast period. Our study provides a market outlook for 2016–2026 and sets the forecast within the context of the global photonic sensors and detectors market, including latest technological developments as well as service offerings in the global photonic sensors and detectors market. We have also focussed on the key regional trends contributing to the growth of the global photonics sensors and detectors market and analysed the degree to which drivers are influencing the market in each region. 

In the final section of the report, we present a detailed competitive landscape to provide clients with a dashboard view of the market based on categories of providers in the global photonic sensors and detectors value chain, presence in the global photonic sensors and detectors market, and key differentiators. Report audiences can gain segment-specific vendor insights to identify and evaluate key competitors based on an in-depth assessment of their capabilities and success in the marketplace. We have also included detailed profiles of providers to evaluate their long-term and short-term strategies, key offerings, and recent developments in the global photonic sensors and detectors market. The companies we have featured in the global photonic sensors and detectors market report are: 

  • Hamamatsu Photonics K.K
  • OMRON Corporation
  • ON Semiconductor
  • SAMSUNG
  • Sony Corporation
  • KEYENCE CORPORATION
  • Pepperl+Fuchs GmbH
  • Prime Photonics LC
  • Banpil Photonics, Inc.
  • NP Photonics, Inc. 

Research methodology

To calculate the market size of the global photonic sensors and detectors market, we have considered consumer spending, military spending, healthcare spending, total market size, country wise spending on photonic enabled products, photonic sensors and detectors manufacturing facilities in the regions, and revenue contribution of the top players. The forecast presented here assesses the total revenue by value across the market and to offer an accurate forecast, we have started by sizing the current market, which forms the basis of how the global photonic sensors and detectors market is likely to develop in future. We have considered 2015 as the base year and provide data for the trailing 12 months. 

Given the characteristics of the global photonic sensors and detectors market, we have triangulated the data on the basis of different types of analyses based on current technology trends. Our forecasts are not only in terms of CAGR, but also factor in an in-depth analysis based on key parameters such as Year-on-Year (Y-o-Y) growth to understand the predictability of the market and to identify the right opportunities across the global photonic sensors and detectors market. Further, we have analysed the different segments of the global photonic sensors and detectors market in terms of Basis Point Share to understand individual segments’ relative contribution to overall market growth. This detailed level of information is important to identify the key trends impacting the global photonic sensors and detectors market. 

Another important feature of our report is the analysis of the global photonic sensors and detectors market in terms of absolute dollar opportunity, critical in assessing the level of opportunity that a provider can look to achieve in the global photonic sensors and detectors market, as well as to identify potential resources from a sales and delivery perspective.

Photonics Sensor And Detector Market Reports - Table of Contents

Photonics Sensor And Detector Market Reports - List of Tables

Table 01: Global Photonic Sensors Market Volume (Mn Units) Forecast, By Sensor Type, 2015–2026

Table 02: Global Photonic Detectors Market Volume (Mn Units) Forecast, By Sensor Type, 2015–2026

Table 03: Global Photonic Sensors & Detectors Market Volume (Mn Units) Forecast, By End-Use Sector, 2015–2026

Table 04:  Global Photonic Sensors & Detectors Market Value (US$ Bn) Forecast, By Defense & Security, 2016–2026

Table 05:  Global Photonic Sensors & Detectors Market Value (US$ Bn) Forecast, By Medical & Healthcare, 2016–2026

Table 06: Global Photonic Sensors & Detectors Market Volume (Mn Units) Forecast, By Regions, 2015–2026

Table 07:  North America Photonic Sensors & Detectors Market Value (US$ Bn) & Volume (Mn Units) Forecast, By Country, 2016–2026

Table 08:  North America Photonic Sensors Market Value (US$ Bn) & Volume (Mn Units) Forecast, By Sensor Type, 2016–2026

Table 09:  North America Photonic Detectors Market Value (US$ Bn) & Volume (Mn Units) Forecast, By Detector Type, 2016–2026

Table 10:  North America Photonic Sensors & Detectors Market Value (US$ Bn) & Volume (Mn Units) Forecast, By End-Use Sector, 2016–2026

Table 11:  North America Photonic Sensors & Detectors Market Value (US$ Bn) Forecast, By Defense & Security, 2016–2026

Table 12:  North America Photonic Sensors & Detectors Market Value (US$ Bn) Forecast, By Medical & Healthcare, 2016–2026

Table 13:  Latin America Photonic Sensors & Detectors Market Value (US$ Bn) & Volume (Mn Units) Forecast, By Country, 2016-2026

Table 14:  Latin America Photonic Sensors & Detectors Market Value (US$ Bn) & Volume (Mn Units) Forecast, By Sensor Type, 2016-2026

Table 15:  Latin America Photonic Sensors & Detectors Market Value (US$ Bn) & Volume (Mn Units) Forecast, By Detector Type, 2016-2026

Table 16:  Latin America Photonic Sensors & Detectors Market Value (US$ Bn) & Volume (Mn Units) Forecast, By End Use Sector, 2016-2026

Table 17:  Latin America Photonic Sensors & Detectors Market Value (US$ Bn) Forecast, By Defense & Security, 2016-2026

Table 18:  Latin America Photonic Sensors & Detectors Market Value (US$ Bn) Forecast, By Medical & Healthcare, 2016-2026

Table 19:  Western Europe Photonic Sensors & Detectors Market Value (US$ Bn) & Volume (Mn Units) Forecast, By Country, 2016-2026

Table 20:  Western Europe Photonic Sensors & Detectors Market Value (US$ Bn) & Volume (Mn Units) Forecast, By Sensor Type, 2016-2026

Table 21:  Western Europe Photonic Sensors & Detectors Market Value (US$ Bn) & Volume (Mn Units) Forecast, By Detector Type, 2016-2026

Table 22:  Western Europe Photonic Sensors & Detectors Market Value (US$ Bn) & Volume (Mn Units) Forecast, By End Use Sector, 2016-2026

Table 23:  Western Europe Photonic Sensors & Detectors Market Value (US$ Bn) Forecast, By Defense & Security, 2016-2026

Table 24:  Western Europe Photonic Sensors & Detectors Market Value (US$ Bn) Forecast, By Medical & Healthcare, 2016-2026

Table 25:  Eastern Europe Photonic Sensors & Detectors Market Value (US$ Bn) & Volume (Mn Units) Forecast, By Country, 2016-2026

Table 26:  Eastern Europe Photonic Sensors & Detectors Market Value (US$ Bn) & Volume (Mn Units) Forecast, By Sensor Type, 2016-2026

Table 27:  Eastern Europe Photonic Sensors & Detectors Market Value (US$ Bn) & Volume (Mn Units) Forecast, By Detector Type, 2016-2026

Table 28:  Eastern Europe Photonic Sensors & Detectors Market Value (US$ Bn) & Volume (Mn Units) Forecast, By End Use Sector, 2016-2026

Table 29:  Eastern Europe Photonic Sensors & Detectors Market Value (US$ Bn) Forecast, By Defense & Security, 2016-2026

Table 30:  Eastern Europe Photonic Sensors & Detectors Market Value (US$ Bn) Forecast, By Medical & Healthcare, 2016-2026

Table 31:  APEJ Photonic Sensors & Detectors Market Value (US$ Bn) & Volume (Mn Units) Forecast, By Country, 2016-2026

Table 32:  APEJ Photonic Sensors & Detectors Market Value (US$ Bn) & Volume (Mn Units) Forecast, By Sensor Type, 2016-2026

Table 33:  APEJ Photonic Sensors & Detectors Market Value (US$ Bn) & Volume (Mn Units) Forecast, By Detector Type, 2016-2026

Table 34:  APEJ Photonic Sensors & Detectors Market Value (US$ Bn) & Volume (Mn Units) Forecast, By End Use Sector, 2016-2026

Table 35:  APEJ Photonic Sensors & Detectors Market Value (US$ Bn) Forecast, By Defense & Security, 2016-2026

Table 36:  APEJ Photonic Sensors & Detectors Market Value (US$ Bn) Forecast, By Medical & Healthcare, 2016-2026

Table 37:  Japan Photonic Sensors & Detectors Market Value (US$ Bn) & Volume (Mn Units) Forecast, By Sensor Type, 2016-2026

Table 38:  Japan Photonic Sensors & Detectors Market Value (US$ Bn) & Volume (Mn Units) Forecast, By Detector Type, 2016-2026

Table 39:  Japan Photonic Sensors & Detectors Market Value (US$ Bn) & Volume (Mn Units) Forecast, By End Use Sector, 2016-2026

Table 40:  Japan Photonic Sensors & Detectors Market Value (US$ Bn) Forecast, By Defense & Security, 2016-2026

Table 41:  Japan Photonic Sensors & Detectors Market Value (US$ Bn) Forecast, By Medical & Healthcare, 2016-2026

Table 42:  MEA Photonic Sensors & Detectors Market Value (US$ Bn) & Volume (Mn Units) Forecast, By Country, 2016-2026

Table 43:  MEA Photonic Sensors & Detectors Market Value (US$ Bn) & Volume (Mn Units) Forecast, By Sensor Type, 2016-2026

Table 44:  MEA Photonic Sensors & Detectors Market Value (US$ Bn) & Volume (Mn Units) Forecast, By Detector Type, 2016-2026

Table 45:  MEA Photonic Sensors & Detectors Market Value (US$ Bn) & Volume (Mn Units) Forecast, By End Use Sector, 2016-2026

Table 46:  MEA Photonic Sensors & Detectors Market Value (US$ Bn) Forecast, By Defense & Security, 2016-2026

Table 47:  MEA Photonic Sensors & Detectors Market Value (US$ Bn) Forecast, By Medical & Healthcare, 2016-2026

Photonics Sensor And Detector Market Reports - List of Figures

Figure 01: Global Photonic Sensors & Detectors Market Value (US$ Bn) & Growth (%) Forecast, 2015–2026

Figure 02: Global Photonic Sensors & Detectors Market Volume (Mn units) & Growth (%) Forecast, 2015–2026

Figure 03: Global Photonic Sensors Market Value Share (%) & BPS Analysis, By Sensor Type, 2016 & 2026

Figure 04: Global Photonic Sensors Market Value Y-o-Y Growth Comparison, By Sensor Type, 2016–2026

Figure 05: Global Photonic Sensors Market Value Analysis and Incremental Opportunity, By Sensor Type, 2015–2026

Figure 06: Global Photonic Sensors Market  Attractiveness  Analysis, By Sensor Type , 2016–2026

Figure 07: Global Photonic Detectors Market Value Share (%) & BPS Analysis, By Detector Type, 2016 & 2026

Figure 08: Global Photonic Detectors Market Value Y-o-Y Growth Comparison, By Detector Type, 2016–2026

Figure 09: Global Photonic Detectors Market Value Analysis and Incremental Opportunity, 2015–2026

Figure 10: Global Photonic Detectors Market  Attractiveness  Analysis, By Detector Type , 2016–2026

Figure 11: Global Photonic Sensors & Detectors Market Value Share (%) & BPS Analysis, By End-Use Sector, 2016 & 2026

Figure 12: Global Photonic Sensors & Detectors Market Value Y-o-Y Growth Comparison, By End-Use Sector, 2016–2026

Figure 13: Global Photonic Sensors & Detectors Market Value Analysis and Incremental Opportunity, By End-Use Sector, 2015–2026

Figure 14: Global Photonic Sensors & Detectors Market  Attractiveness  Analysis, By End-Use Sector, 2016–2026

Figure 15: Global Photonic Sensors & Detectors Market Value Share (%) & BPS Analysis, By Region, 2016 & 2026

Figure 16: Global Photonic Sensors & Detectors Market Value     Y-o-Y Growth Comparison, By Region, 2016–2026

Figure 17: Global Photonic Sensors & Detectors Market Value Analysis and Incremental Opportunity, By Regions, 2015–2026

Figure 18: Global Photonic Sensors & Detectors Market  Attractiveness  Analysis, By Regions, 2016–2026

Figure 19: North America Photonic Sensor & Detector Value (US$ Bn) & Growth (%) Forecast, 2015–2026

Figure 20: North America Photonic Sensor & Detector Volume (Mn Units) & Growth (%) Forecast, 2015–2026

Figure 21: North America Photonic Sensors & Detectors Market Value Share (%) & BPS Analysis, By Country, 2016 & 2026

Figure 22: North America Photonic Sensors & Detectors Market Value Y-o-Y Growth Comparison, By Country, 2016–2026

Figure 23: North America Photonic Sensors & Detectors Market Attractiveness Analysis, By Country, 2016–2026

Figure 24: North America Photonic Sensors & Detectors Market Attractiveness Analysis, By Sensor Type, 2016–2026

Figure 25: North America Photonic Sensors & Detectors Market Attractiveness Analysis, End Use Sector, 2016–2026

Figure 26: North America Photonic Sensors & Detectors Market Attractiveness Analysis, By Detector Type, 2016–2026

Figure 27: Latin America Photonic Sensors & Detectors Value (US$ Bn) & Growth (%) Forecast, 2015–2026

Figure 28: Latin America Photonic Sensors & Detectors Volume (Mn Units) & Growth (%) Forecast, 2015–2026

Figure 29: Latin America Photonic Sensors & Detectors Market Value Share (%) & BPS Analysis, By Country, 2016 & 2026

Figure 30: Latin America Photonic Sensors & Detectors Market Value Y-o-Y Growth Comparison, By Country, 2016–2026

Figure 31: Latin America Photonic Sensors & Detectors Market Attractiveness Analysis, By Country, 2016 - 2026

Figure 32: Latin America Photonic Sensors & Detectors Market Attractiveness Analysis, By Sensor Type, 2016 – 2026

Figure 33: Latin America Photonic Sensors & Detectors Market Attractiveness Analysis End User, 2016 - 2026

Figure 34: Latin America Photonic Sensors & Detectors Market Attractiveness Analysis, By Detector Type, 2016 – 2026

Figure 35: Western Europe Photonic Sensors & Detectors Value (US$ Bn) & Growth (%) Forecast, 2015–2026

Figure 36: Western Europe Photonic Sensors & Detectors Volume (Mn Units) & Growth (%) Forecast, 2015–2026

Figure 37: Western Europe Photonic Sensors & Detectors Market Value Share (%) & BPS Analysis, By Country, 2016 & 2026

Figure 38: Western Europe Photonic Sensors & Detectors Market Value Y-o-Y Growth Comparison, By Country, 2016–2026

Figure 39: Western Europe Photonic Sensors & Detectors Market Attractiveness Analysis, By Country, 2016 – 2026

Figure 40: Western Europe Photonic Sensors & Detectors Market Attractiveness Analysis, By Sensor Type, 2016 – 2026

Figure 41: Western Europe Photonic Sensors & Detectors Market Attractiveness Analysis End User, 2016 - 2026

Figure 42: Western Europe Photonic Sensors & Detectors Market Attractiveness Analysis, By Detector Type, 2016 - 2026

Figure 43: Eastern Europe Photonic Sensors & Detectors Value (US$ Bn) & Growth (%) Forecast, 2015–2026

Figure 44: Eastern Europe Photonic Sensors & Detectors Volume (Mn Units) & Growth (%) Forecast, 2015–2026

Figure 45: Eastern Europe Photonic Sensors & Detectors Market Value Share (%) & BPS Analysis, By Country, 2016 & 2026

Figure 46: Eastern Europe Photonic Sensors & Detectors Market Value Y-o-Y Growth Comparison, By Country, 2016–2026

Figure 47: Eastern Europe Photonic Sensors & Detectors Market Attractiveness Analysis, By Country, 2016 – 2026

Figure 48: Eastern Europe Photonic Sensors & Detectors Market Attractiveness Analysis, By Sensor Type, 2016 – 2026

Figure 49: Eastern Europe Photonic Sensors & Detectors Market Attractiveness Analysis End User, 2016 - 2026

Figure 50: Eastern Europe Photonic Sensors & Detectors Market Attractiveness Analysis, By Detector Type, 2016 – 2026

Figure 51: APEJ Photonic Sensors & Detectors Value (US$ Bn) & Growth (%) Forecast, 2015–2026

Figure 52: APEJ Photonic Sensors & Detectors Volume (Mn Units) & Growth (%) Forecast, 2015–2026

Figure 53: APEJ Photonic Sensors & Detectors Market Value Share (%) & BPS Analysis, By Country, 2016 & 2026

Figure 54: APEJ Photonic Sensors & Detectors Market Value Y-o-Y Growth Comparison, By Country, 2016–2026

Figure 55: APEJ Photonic Sensors & Detectors Market Attractiveness Analysis, By Country, 2016 - 2026

Figure 56: APEJ Photonic Sensors & Detectors Market Attractiveness Analysis, By Sensor Type, 2016 - 2026

Figure 57: APEJ Photonic Sensors & Detectors Market Attractiveness Analysis End User, 2016 - 2026

Figure 58: APEJ Photonic Sensors & Detectors Market Attractiveness Analysis, By Detector Type, 2016 - 2026

Figure 59: Japan Photonic Sensors & Detectors Value (US$ Bn) & Growth (%) Forecast, 2015–2026

Figure 60: Japan Photonic Sensors & Detectors Volume (Mn Units) & Growth (%) Forecast, 2015–2026

Figure 61: Japan Photonic Sensors & Detectors Market Attractiveness Analysis, By Sensor Type, 2016 - 2026

Figure 62: Japan Photonic Sensors & Detectors Market Attractiveness Analysis, By Detector Type, 2016 - 2026

Figure 63: Japan Photonic Sensors & Detectors Market Attractiveness Analysis End User, 2016 - 2026

Figure 64: MEA Photonic Sensors & Detectors Value (US$ Bn) & Growth (%) Forecast, 2015–2026

Figure 65: MEA Photonic Sensors & Detectors Volume (Mn Units) & Growth (%) Forecast, 2015–2026

Figure 66: MEA Photonic Sensors & Detectors Market Value Share (%) & BPS Analysis, By Country, 2016 & 2026

Figure 67: MEA Photonic Sensors & Detectors Market Value Y-o-Y Growth Comparison, By Country, 2016–2026

Figure 68: MEA Photonic Sensors & Detectors Market Attractiveness Analysis, By Country, 2016 - 2026

Figure 69: MEA Photonic Sensors & Detectors Market Attractiveness Analysis, By Sensor Type, 2016 - 2026

Figure 70: MEA Photonic Sensors & Detectors Market Attractiveness Analysis End User, 2016 - 2026

Figure 71: MEA Photonic Sensors & Detectors Market Attractiveness Analysis, By Detector Type, 2016 - 2026

Get in touch

Akshay Godge

Akshay Godge

Client Partner - Global Business Development

Pranay Mhaisekar

Pranay Mhaisekar

Business Development

* indicates mandatory fields.

Our Clients


CASE STUDIES

See how our work makes an impact.

At FMI, we design strategies that are adaptive, impactful, and implementable.

Request Sample Ask An Analyst Request Special Price Request Methodology