North America Optical Sensors Market Size, Share & Trends Analysis Report By Type (Intrinsic Sensor, and Extrinsic Sensor), By Application, By Sensor Type, By End-use, By Country and Growth Forecast, 2023 - 2030
The North America Optical Sensors Market would witness market growth of 9% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 33,636.6 thousand units, showcasing a growth of 10.4% (2019-2022).
Optical sensors, including cameras and LiDAR (Light Detection and Ranging), are crucial for ADAS. These sensors enable lane departure warning, adaptive cruise control, and automatic emergency braking, enhancing overall vehicle safety. LiDAR systems, which use laser light and optical sensors to create detailed 3D maps of the environment, are essential for autonomous vehicles. LiDAR enables precise mapping and navigation, allowing self-driving cars to navigate safely. Optical sensors are employed for precise object detection in manufacturing processes. They can detect objects' presence, position, and movement on assembly lines, contributing to automation and efficiency in production. Optical sensors are used in quality control processes to identify defects, measure dimensions, and ensure the accuracy of manufactured products. Their speed and precision make them valuable in maintaining high-quality standards.
Optical sensors are integral to smartphones for various functions. Ambient light sensors adjust screen brightness based on the surrounding light conditions, proximity sensors enable automatic screen turn-off during calls, and cameras utilize optical sensors for image capturing and autofocus. Infrared optical sensors are employed in facial recognition technology for secure and convenient user authentication in smartphones and other devices. Optical sensors measure pollutants, particulate matter, and chemical concentrations in the air and water. These sensors contribute to environmental monitoring efforts, supporting initiatives for pollution control and sustainable resource management.
Wearable devices with optical sensors, such as fitness trackers and smartwatches, have gained popularity in Canadian healthcare. Telehealth solutions enable healthcare professionals to monitor patients remotely, offer consultations, and provide timely medical advice in Canada, improving accessibility to healthcare services, particularly in remote areas. Optical sensors contribute to health and wellness applications, providing users with insights into their overall health, fitness, and stress levels in Canada. Hence, the factors mentioned above will drive the regional market growth.
The US market dominated the North America Optical Sensors Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $9,359.2 million by 2030. The Canada market is experiencing a CAGR of 11.4% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 10.5% during (2023 - 2030).
Based on Type, the market is segmented into Intrinsic Sensor, and Extrinsic Sensor. Based on Application, the market is segmented into Biometric, Pressure & Strain Sensing, Temperature Sensing, Geological Survey, and Others. Based on Sensor Type, the market is segmented into Optical Temperature Sensors, Photoelectric Sensor, Fiber Optic Sensor, Biomedical Sensors, Displacement & Position Sensors, and Others. Based on End-use, the market is segmented into Consumer Electronics, Healthcare, Energy & Utility, Manufacturing, Automotive & Transportation, Aerospace & Defense, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Honeywell International, Inc.
- Keyence Corporation
- Amphenol Corporation
- Cisco Systems, Inc.
- Texas Instruments, Inc.
- Renesas Electronics Corporation
- STMicroelectronics N.V.
- Rockwell Automation, Inc.
- Sick AG
- ams-OSRAM AG
By Type (Volume, Thousand Units, USD Billion, 2019-2030)
- Intrinsic Sensor
- Extrinsic Sensor
- Biometric
- Pressure & Strain Sensing
- Temperature Sensing
- Geological Survey
- Others
- Optical Temperature Sensors
- Photoelectric Sensor
- Fiber Optic Sensor
- Biomedical Sensors
- Displacement & Position Sensors
- Others
- Consumer Electronics
- Healthcare
- Energy & Utility
- Manufacturing
- Automotive & Transportation
- Aerospace & Defense
- Others
- US
- Canada
- Mexico
- Rest of North America
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Optical Sensors Market, by Type
- 1.4.2 North America Optical Sensors Market, by Application
- 1.4.3 North America Optical Sensors Market, by Sensor Type
- 1.4.4 North America Optical Sensors Market, by End-use
- 1.4.5 North America Optical Sensors Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- Chapter 4. Competition Analysis – Global
- 4.1 Market Share Analysis, 2022
- 4.2 Porter’s Five Forces Analysis
- Chapter 5. North America Optical Sensors Market by Type
- 5.1 North America Intrinsic Sensor Market by Region
- 5.2 North America Extrinsic Sensor Market by Region
- Chapter 6. North America Optical Sensors Market by Application
- 6.1 North America Biometric Market by Country
- 6.2 North America Pressure & Strain Sensing Market by Country
- 6.3 North America Temperature Sensing Market by Country
- 6.4 North America Geological Survey Market by Country
- 6.5 North America Others Market by Country
- Chapter 7. North America Optical Sensors Market by Sensor Type
- 7.1 North America Optical Temperature Sensors Market by Country
- 7.2 North America Photoelectric Sensor Market by Country
- 7.3 North America Fiber Optic Sensor Market by Country
- 7.4 North America Biomedical Sensors Market by Country
- 7.5 North America Displacement & Position Sensors Market by Country
- 7.6 North America Others Market by Country
- Chapter 8. North America Optical Sensors Market by End-use
- 8.1 North America Consumer Electronics Market by Country
- 8.2 North America Healthcare Market by Country
- 8.3 North America Energy & Utility Market by Country
- 8.4 North America Manufacturing Market by Country
- 8.5 North America Automotive & Transportation Market by Country
- 8.6 North America Aerospace & Defense Market by Country
- 8.7 North America Others Market by Country
- Chapter 9. North America Optical Sensors Market by Country
- 9.1 US Optical Sensors Market
- 9.1.1 US Optical Sensors Market by Type
- 9.1.2 US Optical Sensors Market by Application
- 9.1.3 US Optical Sensors Market by Sensor Type
- 9.1.4 US Optical Sensors Market by End-use
- 9.2 Canada Optical Sensors Market
- 9.2.1 Canada Optical Sensors Market by Type
- 9.2.2 Canada Optical Sensors Market by Application
- 9.2.3 Canada Optical Sensors Market by Sensor Type
- 9.2.4 Canada Optical Sensors Market by End-use
- 9.3 Mexico Optical Sensors Market
- 9.3.1 Mexico Optical Sensors Market by Type
- 9.3.2 Mexico Optical Sensors Market by Application
- 9.3.3 Mexico Optical Sensors Market by Sensor Type
- 9.3.4 Mexico Optical Sensors Market by End-use
- 9.4 Rest of North America Optical Sensors Market
- 9.4.1 Rest of North America Optical Sensors Market by Type
- 9.4.2 Rest of North America Optical Sensors Market by Application
- 9.4.3 Rest of North America Optical Sensors Market by Sensor Type
- 9.4.4 Rest of North America Optical Sensors Market by End-use
- Chapter 10. Company Profiles
- 10.1 Honeywell International, Inc.
- 10.1.1 Company Overview
- 10.1.2 Financial Analysis
- 10.1.3 Segmental and Regional Analysis
- 10.1.4 Research & Development Expenses
- 10.1.5 SWOT Analysis
- 10.2 Keyence Corporation
- 10.2.1 Company Overview
- 10.2.2 Financial Analysis
- 10.2.3 Regional Analysis
- 10.2.4 Research & Development Expenses
- 10.2.5 Recent strategies and developments:
- 10.2.5.1 Product Launches and Product Expansions:
- 10.2.6 SWOT Analysis
- 10.3 Amphenol Corporation
- 10.3.1 Company Overview
- 10.3.2 Financial Analysis
- 10.3.3 Segmental and Regional Analysis
- 10.3.4 Research & Development Expenses
- 10.3.5 Recent strategies and developments:
- 10.3.5.1 Acquisition and Mergers:
- 10.3.6 SWOT Analysis
- 10.4 Cisco Systems, Inc.
- 10.4.1 Company Overview
- 10.4.2 Financial Analysis
- 10.4.3 Regional Analysis
- 10.4.4 Research & Development Expense
- 10.4.5 SWOT Analysis
- 10.5 Texas Instruments, Inc.
- 10.5.1 Company Overview
- 10.5.2 Financial Analysis
- 10.5.3 Segmental and Regional Analysis
- 10.5.4 Research & Development Expense
- 10.5.5 SWOT Analysis
- 10.6 Renesas Electronics Corporation
- 10.6.1 Company Overview
- 10.6.2 Financial Analysis
- 10.6.3 Segmental and Regional Analysis
- 10.6.4 Research & Development Expense
- 10.6.5 SWOT Analysis
- 10.7 STMicroelectronics N.V.
- 10.7.1 Company Overview
- 10.7.2 Financial Analysis
- 10.7.3 Segmental and Regional Analysis
- 10.7.4 Research & Development Expense
- 10.7.5 SWOT Analysis
- 10.8 Rockwell Automation, Inc.
- 10.8.1 Company Overview
- 10.8.2 Financial Analysis
- 10.8.3 Segmental and Regional Analysis
- 10.8.4 Research & Development Expenses
- 10.8.5 SWOT Analysis
- 10.9 Sick AG
- 10.9.1 Company Overview
- 10.9.2 Financial Analysis
- 10.9.3 Segmental and Regional Analysis
- 10.9.4 Research & Development Expense
- 10.9.5 Recent strategies and developments:
- 10.9.5.1 Product Launches and Product Expansions:
- 10.9.6 SWOT Analysis
- 10.10. ams-OSRAM AG
- 10.10.1 Company Overview
- 10.10.2 Financial Analysis
- 10.10.3 Segmental and Regional Analysis
- 10.10.4 Research & Development Expense
- 10.10.5 Recent strategies and developments:
- 10.10.5.1 Product Launches and Product Expansions:
- 10.10.6 SWOT Analysis
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