Market research group Research and Markets has published a new study report on the Optical Sensor market in North America. The report analyzes the North American market growth, trends and also forecasts the market for another five years. The report reveals that the North America Optical Sensors market is estimated at $5.87 billion by 2018 at a CAGR of 6.68% over the period 2014-2020.
With quick paced innovative progression in the optics sensors business, market players have presented exceedingly power efficient optic sensors. The requirement for reliable sensors has obviously realized an adjustment in the materials and manufacturing procedures utilized. These patterns have achieved positive development in the business sector for optic sensors. The major drivers include the demand for power efficient smartphones and tablets, innovation in new generation LED lighting, demand for high end hospital imaging equipment, utilization of sensors in smart control system and factory automation, and an effort to ensure safety, performance in automotive sector.
Majority of optical sensors are fiber optic sensors. A fiber optic sensor make use of optical fibers either as the sensing element (“intrinsic sensors”), or as a means of relaying signals from a remote sensor to the electronics that process the signals (“extrinsic sensors”). Optical fibers have many uses in remote sensing. Depending on the application, an optical fiber may be used because of its small size, or because no electrical power is needed at the remote location, or because many sensors can be multiplexed along the length of a fiber by using light wavelength shift for each sensor, or by sensing the time delay as light passes along the fiber through each sensor. Time delay can be determined using a device such as an OTDR and wavelength shift can be calculated using an instrument implementing optical frequency domain reflectometry.
Fiber optic sensors are to a great extent immune to electromagnetic interference, and do not conduct electricity. Hence they can be utilized in places where there is high voltage electricity or flammable material such as jet fuel. Fiber opticsensors can be designed to withstand high temperatures as well. Fiber optic sensors are used in LAN operations and the information transfers industry. Fiber optic sensors are being used in the oil and gas industry, wind vitality era, country security operations, and brilliant structures.
A difficulty of all sensors is interference from multiple effects. A sensor intended to measure strain or pressure may be very temperature-sensitive. Intense R&D over the last five years to provide means for distinguishing between various effects has been conducted for optical sensors. Their high organization expenses remain an obstruction to development. Be that as it may, this situation could change as government subsidizing activities are boosting R&D in the fiber optics field.
The report on the North America Optical Sensors Market is segmented on the basis of Type (Fiber Optics, Image, Position, Ambient Light and Proximity, Infrared), and Application (Commercial, Consumer Electronics, Medical, Automotive,Industrial, Aerospace and Defense).
Optical sensor suppliers such as Mouser Electronics, SICK AG, Rockwell Automation, Honeywell, Eaton, Turck, Bosch, Atmel, ST Microelectronics, Hitachi, Omnvision.