Global Photonic Sensors and Detectors Market Size study & Forecast, by Product by Application and Regional Analysis, 2022-2029

Description

List of Tables

Global Photonic Sensors and Detectors Market is valued approximately at USD 35.25 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 7.80% over the forecast period 2022-2029. Photonic sensors and detectors are devices that convert light signals into electrical signals. They are used in a variety of applications, including telecommunications, medical imaging, industrial inspection and scientific research. Photonic sensors detect the presence of light, measure the intensity of light, or detect changes in the wavelength or polarization of light. They can be used to detect and measure various physical parameters such as temperature, pressure, humidity, and chemical composition. Photonic detectors, are used to detect and measure the intensity of light. They can be classified based on the type of light they detect, such as visible light, infrared radiation, or ultraviolet radiation. The Photonic Sensors and Detectors market is expanding because of factors such as rising demand for sensing and health monitoring applications and growing demand for smart and connected devices.

Photonic sensors and detectors can detect and measure a wide range of parameters such as temperature, pressure, light intensity, and chemical composition, making them ideal for use in smart devices. For example, they can be used in wearable monitoring devices to detect vital signs and track physical activity. Thus, rising demand for wearable health monitoring devices is favouring the market growth. According to Statista in year 2018 the number of total connected wearable devices across the globe stood at 593 million which increased to 1105 million wearable devices in year 2022. Thus, rising adoption of wearable devices across the globe is augumenting the market growth. Along with these, rising oil and gas exploration activities and increasing investment in R&D for product development is creating lucrative market growth. However, the high cost of Photonic Sensors and Detectors stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Photonic Sensors and Detectors Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific dominates the market in terms of revenue, owing to the rising oil and gas exploration activities, rising demand from various applications such as consumer electronics security and defense application and favorable government support. Whereas North America is expected to grow with a highest CAGR during the forecast period, owing to factors such as rising oil and gas exploration activities, rising demand for industrial electronics and rising technological advancement in the region.

Major market players included in this report are:

Honeywell International Inc.
Banner Engineering Corp
Mitsubishi Electric Corporation
Baumer Holding AG
BaySpec Inc.
Fiberoptic Systems, Inc.
St. Jude Medical, Inc.
Omron Corporation
LAP Laser, LLC
FISO Technologies Inc.

Recent Developments in the Market:

In May 2022, Baumer announced the expansion of its products range of photoelectric sensors with the addition of the OT300 and OT500. The sensors utilize time-of-flight measurement to provide a wide detection range of up to 2.6 m. The sensors will accurately detect things even with a demanding surface, regardless of installation angle. The compact design makes it simple to incorporate and enable convenient parameterization for 3D CAD data with integrated beam path and standardized IO-Link interface.
In October 2021, Honeywell announced the launch of two Bluetooth-connected gas detectors. The products provide continuous monitoring for the dangerous gases even in the snow, fog, rain, as well as other inclement weather. With the use of this device, customers may keep their petrochemical, chemical, and oil and gas facilities secure.

Global Photonic Sensors and Detectors Market Report Scope:

Historical Data: 2019-2020-2021
Base Year for Estimation: 2021
Forecast period: 2022-2029
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Product, Application, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Product:

Photonic Sensors
Photonic Detectors

By Application:

Healthcare & Medical
Defense & Security
Industrial & Factory Automation
Chemicals & Petrochemicals
Oil & Gas
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Photonic Sensors and Detectors Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Photonic Sensors and Detectors Market, by Product, 2019-2029 (USD Billion)
- 1.2.3. Photonic Sensors and Detectors Market, by Application, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Photonic Sensors and Detectors Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Photonic Sensors and Detectors Market Dynamics

3.1. Photonic Sensors and Detectors Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
  - 3.1.1.1. Rising demand for sensing and health monitoring applications
  - 3.1.1.2. Growing demand for smart and connected devices
- 3.1.2. Market Challenges
  - 3.1.2.1. High Cost of Photonic Sensors and Detectors
  - 3.1.2.2. lack of industry standards
- 3.1.3. Market Opportunities
  - 3.1.3.1. Rising oil and gas exploration activities
  - 3.1.3.2. Increasing investments in R&D for product development

Chapter 4. Global Photonic Sensors and Detectors Market: Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economic
- 4.3.3. Social
- 4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Risk Assessment: COVID-19 Impact

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Photonic Sensors and Detectors Market, by Product

6.1. Market Snapshot
6.2. Global Photonic Sensors and Detectors Market by Product, Performance - Potential Analysis
6.3. Global Photonic Sensors and Detectors Market Estimates & Forecasts by Product 2019-2029 (USD Billion)
6.4. Photonic Sensors and Detectors Market, Sub Segment Analysis
- 6.4.1. Photonic Sensors
- 6.4.2. Photonic Detectors

Chapter 7. Global Photonic Sensors and Detectors Market, by Application

7.1. Market Snapshot
7.2. Global Photonic Sensors and Detectors Market by Application, Performance - Potential Analysis
7.3. Global Photonic Sensors and Detectors Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
7.4. Photonic Sensors and Detectors Market, Sub Segment Analysis
- 7.4.1. Healthcare & Medical
- 7.4.2. Defense & Security
- 7.4.3. Industrial & Factory Automation
- 7.4.4. Chemicals & Petrochemicals
- 7.4.5. Oil & Gas
- 7.4.6. Others

Chapter 8. Global Photonic Sensors and Detectors Market, Regional Analysis

8.1. Photonic Sensors and Detectors Market, Regional Market Snapshot
8.2. North America Photonic Sensors and Detectors Market
- 8.2.1. U.S. Photonic Sensors and Detectors Market
  - 8.2.1.1. Product breakdown estimates & forecasts, 2019-2029
  - 8.2.1.2. Application breakdown estimates & forecasts, 2019-2029
- 8.2.2. Canada Photonic Sensors and Detectors Market
8.3. Europe Photonic Sensors and Detectors Market Snapshot
- 8.3.1. U.K. Photonic Sensors and Detectors Market
- 8.3.2. Germany Photonic Sensors and Detectors Market
- 8.3.3. France Photonic Sensors and Detectors Market
- 8.3.4. Spain Photonic Sensors and Detectors Market
- 8.3.5. Italy Photonic Sensors and Detectors Market
- 8.3.6. Rest of Europe Photonic Sensors and Detectors Market
8.4. Asia-Pacific Photonic Sensors and Detectors Market Snapshot
- 8.4.1. China Photonic Sensors and Detectors Market
- 8.4.2. India Photonic Sensors and Detectors Market
- 8.4.3. Japan Photonic Sensors and Detectors Market
- 8.4.4. Australia Photonic Sensors and Detectors Market
- 8.4.5. South Korea Photonic Sensors and Detectors Market
- 8.4.6. Rest of Asia Pacific Photonic Sensors and Detectors Market
8.5. Latin America Photonic Sensors and Detectors Market Snapshot
- 8.5.1. Brazil Photonic Sensors and Detectors Market
- 8.5.2. Mexico Photonic Sensors and Detectors Market
- 8.5.3. Rest of Latin America Photonic Sensors and Detectors Market
8.6. Rest of The World Photonic Sensors and Detectors Market

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies
9.2. Company Profiles
- 9.2.1. Honeywell International Inc.
  - 9.2.1.1. Key Information
  - 9.2.1.2. Overview
  - 9.2.1.3. Financial (Subject to Data Availability)
  - 9.2.1.4. Product Summary
  - 9.2.1.5. Recent Developments
- 9.2.2. Banner Engineering Corp
- 9.2.3. Mitsubishi Electric Corporation
- 9.2.4. Baumer Holding AG
- 9.2.5. BaySpec, Inc.
- 9.2.6. Fiberoptic Systems, Inc.
- 9.2.7. St. Jude Medical, Inc.
- 9.2.8. Omron Corporation
- 9.2.9. LAP Laser, LLC
- 9.2.10. FISO Technologies Inc.

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Photonic Sensors and Detectors Market, report scope
TABLE 2. Global Photonic Sensors and Detectors Market estimates & forecasts by region 2019-2029 (USD Billion)
TABLE 3. Global Photonic Sensors and Detectors Market estimates & forecasts by Product 2019-2029 (USD Billion)
TABLE 4. Global Photonic Sensors and Detectors Market estimates & forecasts by Application 2019-2029 (USD Billion)
TABLE 5. Global Photonic Sensors and Detectors Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 6. Global Photonic Sensors and Detectors Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 7. Global Photonic Sensors and Detectors Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Photonic Sensors and Detectors Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Photonic Sensors and Detectors Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Photonic Sensors and Detectors Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Photonic Sensors and Detectors Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Photonic Sensors and Detectors Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Photonic Sensors and Detectors Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Photonic Sensors and Detectors Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. U.S. Photonic Sensors and Detectors Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. U.S. Photonic Sensors and Detectors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 17. U.S. Photonic Sensors and Detectors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 18. Canada Photonic Sensors and Detectors Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 19. Canada Photonic Sensors and Detectors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 20. Canada Photonic Sensors and Detectors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 21. UK Photonic Sensors and Detectors Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 22. UK Photonic Sensors and Detectors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 23. UK Photonic Sensors and Detectors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 24. Germany Photonic Sensors and Detectors Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 25. Germany Photonic Sensors and Detectors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 26. Germany Photonic Sensors and Detectors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 27. France Photonic Sensors and Detectors Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 28. France Photonic Sensors and Detectors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 29. France Photonic Sensors and Detectors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 30. Italy Photonic Sensors and Detectors Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 31. Italy Photonic Sensors and Detectors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 32. Italy Photonic Sensors and Detectors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 33. Spain Photonic Sensors and Detectors Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 34. Spain Photonic Sensors and Detectors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 35. Spain Photonic Sensors and Detectors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 36. RoE Photonic Sensors and Detectors Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 37. RoE Photonic Sensors and Detectors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 38. RoE Photonic Sensors and Detectors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 39. China Photonic Sensors and Detectors Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 40. China Photonic Sensors and Detectors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 41. China Photonic Sensors and Detectors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 42. India Photonic Sensors and Detectors Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 43. India Photonic Sensors and Detectors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 44. India Photonic Sensors and Detectors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 45. Japan Photonic Sensors and Detectors Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 46. Japan Photonic Sensors and Detectors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 47. Japan Photonic Sensors and Detectors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 48. South Korea Photonic Sensors and Detectors Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 49. South Korea Photonic Sensors and Detectors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 50. South Korea Photonic Sensors and Detectors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 51. Australia Photonic Sensors and Detectors Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 52. Australia Photonic Sensors and Detectors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 53. Australia Photonic Sensors and Detectors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 54. RoAPAC Photonic Sensors and Detectors Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 55. RoAPAC Photonic Sensors and Detectors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 56. RoAPAC Photonic Sensors and Detectors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 57. Brazil Photonic Sensors and Detectors Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 58. Brazil Photonic Sensors and Detectors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 59. Brazil Photonic Sensors and Detectors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 60. Mexico Photonic Sensors and Detectors Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 61. Mexico Photonic Sensors and Detectors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 62. Mexico Photonic Sensors and Detectors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 63. RoLA Photonic Sensors and Detectors Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 64. RoLA Photonic Sensors and Detectors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 65. RoLA Photonic Sensors and Detectors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 66. Row Photonic Sensors and Detectors Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 67. Row Photonic Sensors and Detectors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 68. Row Photonic Sensors and Detectors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 69. List of secondary sources, used in the study of global Photonic Sensors and Detectors Market
TABLE 70. List of primary sources, used in the study of global Photonic Sensors and Detectors Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

FIG 1. Global Photonic Sensors and Detectors Market, research methodology
FIG 2. Global Photonic Sensors and Detectors Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Photonic Sensors and Detectors Market, key trends 2021
FIG 5. Global Photonic Sensors and Detectors Market, growth prospects 2022-2029
FIG 6. Global Photonic Sensors and Detectors Market, porters 5 force model
FIG 7. Global Photonic Sensors and Detectors Market, pest analysis
FIG 8. Global Photonic Sensors and Detectors Market, value chain analysis
FIG 9. Global Photonic Sensors and Detectors Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Photonic Sensors and Detectors Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Photonic Sensors and Detectors Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Photonic Sensors and Detectors Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Photonic Sensors and Detectors Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Photonic Sensors and Detectors Market, regional snapshot 2019 & 2029
FIG 15. North America Photonic Sensors and Detectors Market 2019 & 2029 (USD Billion)
FIG 16. Europe Photonic Sensors and Detectors Market 2019 & 2029 (USD Billion)
FIG 17. Asia pacific Photonic Sensors and Detectors Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Photonic Sensors and Detectors Market 2019 & 2029 (USD Billion)
FIG 19. Global Photonic Sensors and Detectors Market, company Market share analysis (2021)