Optical Sensors are electronic devices which work either in the presence or absence of light or infrared rays and then convert the same into electrical signals. It is usually an interpretation or analyzing of different situations like presence of a person or object, capturing an image, movement or position of an object and so on.

Technology:

A Fiber Optic Sensor is a sensor that uses optical fiber either as the sensing element or as means of relaying signals from a remote sensor to the electronics that processes the signals. Widely used due to its small size and also because no electrical power is needed at the remote location.
An Electro-Optical Sensor is an electronic detector that coverts light or a change in light into an electronic signal. It has an extremely wide range of application for instance: lamps that light up automatically in darkness, position sensors, photoelectric sensors and so on.

Table of contents and insights:

http://industryarc.com/Report/58/Global-Optical-Sensors-Market.html

Market:

The demand for handheld devices like mobile phones and tablets is directly proportional to the growth of the Optical Sensor Market across the globe. Thus as long as there is a high growing demand for smartphones and latest technology, there will be a constant persistence for Optical Sensors, with light and proximity sensors being on the top of the list. These two segments of this market are expected to grow from $850million in 2013 to a $1.5bn industry by 2018 due to steady rise in the market for handheld devices. Innovative products are gradually capturing the global optical sensor market. Global Optical sensor market expected to grow at 5-6 % CAGR year on year till 2010. The market is estimated to reach $18.7bn by 2018! The Image Sensor Market is expected to reach $10.5bn by 2018 from around $8.75bn in 2013 with CMOS sensors occupying more than 90% share.

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Application and challenges:

Optical sensors have many applications in R&D, national defense and commercial markets such as medical diagnostics and process control. But because of the breadth of applications for optical sensors, the challenges to the design and functioning of an optical sensor for a particular application requires knowledge of optical, material, and environmental properties that affect sensor performance. SENSORS addresses all aspects of optical sensors from source and detection technologies, sensor configurations, and processing approaches to applications. These optical sensors range from micro-probes to large devices used for standoff monitoring of industrial and environmental species.

The report provides a detailed analysis on Geography:
• America
• Europe
• APAC
• ROW

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