Global Optical Position Sensors Market Insights, Forecast to 2028

Optical position sensors are used to measure the position of a light or an object in one dimension, two dimensions or multiple axes as per the user’s requirement. Furthermore, the market is expected to grow due to ongoing technological innovation which is leading to the development of smaller and efficient chipsets and modules with added functions.
Market Analysis and Insights: Global Optical Position Sensors Market
Due to the COVID-19 pandemic, the global Optical Position Sensors market size is estimated to be worth US$ 1544.3 million in 2022 and is forecast to a readjusted size of US$ 1925.2 million by 2028 with a CAGR of 3.7% during the review period. Fully considering the economic change by this health crisis, One Dimensional Optical Position Sensors accounting for % of the Optical Position Sensors global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Aerospace & Defense segment is altered to an % CAGR throughout this forecast period.
The market for optical position sensors in semiconductor modules and chips is growing rapidly during the forecast period. The changing government laws in Europe and North America is ensuring the need for enhanced safety in automobiles.
In terms of production side, this report researches the Optical Position Sensors capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Optical Position Sensors by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Optical Position Sensors Scope and Segment
Optical Position Sensors market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Optical Position Sensors market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
One Dimensional Optical Position Sensors
Two Dimensional Optical Position Sensors
Multi-Axial Optical Position Sensors
Segment by Application
Aerospace & Defense
Automotives
Consumer Electronics
Healthcare
Others
By Company
Sharp
First Sensors
Hamamatsu Photonics
Micro-Epsilon
Sensata Technologies
Panasonic
Opto Diode
Siemens
Balluff
Melexis
Production by Region
North America
Europe
China
Japan
South Korea
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E