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Photonic Sensors Market by Type (Fiber optic sensors, Image sensors and Biophotonic sensors), Technology (Fiber optic technology, Laser technology and Biophotonic technology), Application (Military, Homeland security, Factory automation, Civil structures, Transportation, Mass transportation market, Airport security, Port security, Biomedical, Micro fluidic, Wind energy turbines and Oil and gas) - Global Opportunity Analysis and Industry Forecast, 2014 - 2021 Update Available On-Demand
| A00487 | Pages: 161 | Feb 2016 | 12485 Views | | |
| Author(s) : Preeti Bisht | Tables: 46 | Charts: 34 | Formats*: | |
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Global Photonics Sensor Market is expected to garner $18 billion by 2021, registering a CAGR of 17.7% during the forecast period 2016-2021. The photonic sensors market has gone through a drastic change based on the research that have been conducted in the photonic technology in the past. The photonic technology has advanced into a phase where it is being used in varied fields. The innovations in the field of fiber optics has spurred the development of photonic sensors. These developments have expanded the spectral range of sensors being used in several industries.
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Photonic sensors offer better sensing function and it is expected that this technology would give a high return on investment in the long run. The photonic industry is now focusing on development of efficient products and it is projected that over the next few years eco-friendly and energy saving photonic sensors would be developed and launched into the market.
Need for enhanced safety and security solutions, better alternative for conventional technology and rise in wireless sensing technology are some of the major factors that act as drivers for the photonic sensors market. Similarly, lack of industrial and technological standards, high initial investments and lack of awareness can be considered as restraints for the market.
The photonic sensor type segment comprises of fiber optic sensors, image sensors and biophotonic sensors. Fiber optic sensors are further classified into Bragg Grating Sensors (FBG SENSORS), Distributed Sensor, Quasi Distributed Sensor, Wavelength Division Multiplexing (WDM), Time Division Multiplexing (TDM) and Point Sensors. The image sensors are further analyzed from their subtype such as Charge-Coupled Devices (CCD), Complementary Metal Oxide Semiconductors (CMOS), Position-Sensitive Detectors (PSD) and Photoelectric Sensors. Intrinsic and extrinsic biophotonic sensors are the subtypes of biophotonic sensor.
Based on the technology photonic sensors are classified among fiber optic, laser and biophotonic technology. Military, homeland security, industrial process, factory automation, civil structure, transportation, biomedical, wind energy turbines, oil and gas and others are some of the domains where photonic sensors find their application. In order to gain a diverse insight, the market is analyzed as per different geographies such as North America, Europe, Asia-Pacific and LAMEA.
Factors such as need for enhanced safety and security solutions, better and enhanced alternatives for conventional technology and rise in wireless sensing solution will have a positive impact on the photonic sensor market. Growing number of smart industries and increasing adoption of photonics technology in developing economies may act as a potential opportunity for this industry.
Top Impacting Factors of Photonic Sensor Market
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Better and Enhanced Alternative for Conventional Technology
The conventional sensors that are available in the market cannot be used in multiple industrial verticals as compared to photonic sensors. Photonic sensors are capable of providing highly accurate results in harsh environments, which cannot be achieved using conventional sensors. Thus, based on these factors the impact of this driver is expected to increase in future.
Need for Enhanced Safety and Security Solution
The photonic sensors offer enhanced safety and security measures, which are major concerns of the end users. Earlier manual system was used for safety and security, which required continuous physical monitoring; however, these sensors allow round the clock self-operated surveillance, which provides end-users a sense of assurance. The automated system works in a highly efficient way by collecting and storing data on a central server and allows continuous monitoring. These factors encourage various industrial sectors to deploy these smart photonic sensors in their work processes, which is a driving factor for the photonic sensors market.
Rise in Wireless Sensing Technology
Based on the technological advances taking place in the wireless sensing the market is expected to grow significantly. The ability of these devices to provide remote sensing functions is one of the key factors whose impact on market will continue to grow in future.
Lack of Industrial and Technological Standards
Photonic sensors are slowly gaining commercial acceptance, and there are not many established standards for their operations. Additionally, the photonic sensors use various technologies such as fiber optics, laser and biophotonics technologies. These technologies are distinct from each another and lack compatibility.
Top Winning Strategies of Photonic Sensor Market
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Numerous companies are identifying product launch, acquisition and expansion as a measure to excel in the market. The prominent players such as, Baumer Holdings AG, Banner Engineering Corp., Omron Corporation, Truesense Imaging Inc., etc. have been analyzed in order to study their winning strategies.
Key Benefits:
- The study provides an in-depth analysis of the photonic sensor market with current and future trends to elucidate the imminent investment pockets in the market
- Current and future trends are outlined to determine the overall attractiveness and to single out profitable trends for gaining a stronger foothold in the market
- The report provides information regarding key drivers, restraints and opportunities with impact analysis
- Quantitative analysis of the current market and estimations through 2014-2021 are provided to highlight the financial caliber of the market
- Porters Five Forces model and SWOT analysis of the industry illustrates the potency of the buyers & suppliers participating in the market
- Value chain analysis in the report provides a clear understanding of the roles of stakeholders involved in the value chain
Photonic Sensors Market Segmentation:
By Type
- Fiber optic sensors
- Image sensors
- Biophotonic sensors
By Technology
- Fiber optic technology
- Laser technology
- Biophotonic technology
By Application
- Military
- Homeland security
- Industrial process
- Factory automation
- Civil structures
- Transportation
- Mass transportation market
- Airport security
- Port security
- Biomedical
- Micro fluidic
- Bio and environmental analytics
- Wind energy turbines
- Oil and gas
By Geography
- North America
- Europe
- Asia Pacific
- LAMEA
TABLE OF CONTENTS
CHAPTER 1 INTRODUCTION
1.1 Report Description
1.2 Key benefits
1.3 Key market segmentation
1.4 Key audience
1.5 Research methodology
1.5.1 Secondary research
1.5.2 Primary research
1.5.3 Analyst tools and models
CHAPTER 2 EXECUTIVE SUMMARY
2.1 Executive Summary
2.2 CXO perspective
CHAPTER 3 MARKET OVERVIEW
3.1 Market definition and scope
3.2 Introduction to photonic sensors
3.2.1 Fiber-optic sensors
3.2.2 Image sensors
3.2.3 Biophotonic sensors
3.3 Evolution of photonics technology
3.3.1 Classical optics
3.3.2 Modern optics
3.3.3 Emerging fields
3.4 Conventional V/S Emerging Sensors (Smart Sensors)
3.5 Importance and advancement in photonic sensor technology
3.5.1 Key developments in the field of photonics
3.5.2 Brain-mapping with photonics
3.5.3 Development of photonics in the Middle East
3.6 Advancement in integrated photonic sensors
3.6.1 Introduction to Integrated Photonic Sensors
3.6.2 International R&D trends
3.7 Commercialization of photonic bio-chemical sensors
3.8 Green photonics: Role of photonic technology in sustainable energy
3.9 Fiber-optic sensors advancement: 4d
3.10 Key findings
3.10.1 Top factors impacting world photonic sensors market
3.10.1.1 Need for enhanced safety and security solution
3.10.1.2 Better and enhanced alternative for conventional technology
3.10.1.3 Lack of awareness
3.10.1.4 High initial investment
3.10.1.5 Rise in wireless sensing technology
3.10.1.6 Lack of industrial and technological standards
3.10.2 Top investment pockets
3.10.3 Top winning strategies
3.11 Porters five force analysis
3.11.1 Bargaining power of supplier
3.11.2 Bargaining power of buyer
3.11.3 Threat of substitute
3.11.4 Threat of new entrant
3.11.5 Competition within the industry
3.12 Value chain analysis
3.13 Patent analysis
3.13.1 Photonic sensors, U.S.
3.13.2 Photonic sensors, Europe
3.13.3 Photonic sensors, Japan
3.14 Case studies
3.15 Market dynamics
3.15.1 Drivers
3.15.1.1 Need for enhanced safety and security solution
3.15.1.2 Better and enhanced Alternative for conventional technology
3.15.1.3 Rise in wireless sensing technology
3.15.2 Restraints
3.15.2.1 Lack of industrial and technological standards
3.15.2.2 High initial investment
3.15.2.3 Lack of awareness
3.15.3 Opportunities
3.15.3.1 Developing smart industries in future
3.15.3.2 Growing opportunities in developing countries
CHAPTER 4 WORLD PHOTONIC SENSORS MARKET, BY PRODUCT TYPE
4.1 Fiber optic sensors
4.1.1 Key market trends
4.1.2 Key growth factors and opportunities
4.1.3 Bragg grating sensors (FBG sensors)
4.1.4 Distributed sensors
4.1.5 Quasi distributed sensors
4.1.6 Point sensors
4.1.7 Market size and forecast
4.2 Image sensors
4.2.1 Key market trends
4.2.2 Key growth factors and opportunities
4.2.3 Charge-coupled devices (CCD)
4.2.4 Complementary metal oxide semiconductors (CMOS)
4.2.4.1 CCD vs. CMOS
4.2.5 Position-sensitive detectors (PSD)
4.2.6 Photoelectric sensors
4.2.7 Market size and forecast
4.3 Biophotonic sensors
4.3.1 Key market trends
4.3.2 Key growth factors and opportunities
4.3.3 Types of biophotonic sensors available in the market:
4.3.3.1 Intrinsic biophotonic sensors
4.3.3.2 Extrinsic biophotonic sensors
4.3.4 Market size and forecast
4.4 Others
4.4.1 Market size and forecast
CHAPTER 5 WORLD PHOTONIC SENSORS MARKET, BY TECHNOLOGY
5.1 Fiber optic technology
5.1.1 Key market trends
5.1.2 Competitive scenario
5.1.3 Key growth factors and opportunities
5.1.3.1 Intensity modulated fiber optic sensors
5.1.3.1.1 Light Interruption
5.1.3.1.2 Light Reflection
5.1.3.1.3 Microbending
5.1.3.2 Evanescent wave fiber optic sensors
5.1.3.3 Wavelength modulated fiber optic sensors
5.1.3.4 Phase modulated fiber optic sensors
5.1.3.5 Polarization modulated fiber optic sensors
5.1.4 Market size and forecast
5.2 Laser technology
5.2.1 Key market trends
5.2.2 Competitive scenario
5.2.3 Key growth factors and opportunities
5.2.4 Market size and forecast
5.3 Biophotonic technology
5.3.1 Key market trends
5.3.2 Competitive scenario
5.3.3 Key growth factors and opportunities
5.3.4 Market size and forecast
CHAPTER 6 WORLD PHOTONIC SENSORS MARKET, BY APPLICATION
6.1 Military
6.1.1 Market size and forecast
6.2 Homeland security
6.2.1 Market size and forecast
6.3 Industrial process
6.3.1 Market size and forecast
6.4 Factory automation
6.4.1 Market size and forecast
6.5 Civil structures
6.5.1 Market size and forecast
6.6 Transportation
6.6.1 Mass transportation market
6.6.2 Airport security
6.6.3 Port security
6.6.4 Market size and forecast
6.7 Biomedical
6.7.1 Market size and forecast
6.8 Micro fluidic
6.8.1 Market size and forecast
6.9 Bio and environmental analytics
6.9.1 Market size and forecast
6.10 Wind energy turbines
6.10.1 Market size and forecast
6.11 Oil and gas
6.11.1 Market size and forecast
6.12 Others
6.12.1 Market size and forecast
CHAPTER 7 WORLD PHOTONIC SENSORS MARKET, BY GEOGRAPHY
7.1 North America
7.1.1 Key market trends
7.1.2 Key growth factors and opportunities
7.1.3 Market size and forecast
7.2 Europe
7.2.1 Key market trends
7.2.2 Key growth factors and opportunities
7.2.3 Market size and forecast
7.3 Asia-Pacific
7.3.1 Key market trends
7.3.2 Key growth factors and opportunities
7.3.3 Market size and forecast
7.4 LAMEA
7.4.1 Key market trends
7.4.2 Key growth factors and opportunities
7.4.3 Market size and forecast
CHAPTER 8 COMPANY PROFILES
8.1 BAUMER HOLDING AG
8.1.1 Company overview
8.1.2 Key strategies and developments
8.1.3 SWOT analysis of Baumer Holding AG
8.2 BANNER ENGINEERING CORP.
8.2.1 Company overview
8.2.2 Key strategies and developments
8.2.3 SWOT analysis of Banner Engineering Corp.
8.3 OMRON CORPORATION
8.3.1 Company overview
8.3.2 Business performance
8.3.3 Key strategies and developments
8.3.4 SWOT analysis of Omron Corporation
8.4 TRUESENSE IMAGING INC.
8.4.1 Company overview
8.4.2 Key strategies and developments
8.4.3 SWOT analysis of Truesense Imaging Inc.
8.5 HONEYWELL INTERNATIONAL INC.
8.5.1 Company overview
8.5.2 Business Performance
8.5.3 Key strategies and developments
8.5.4 SWOT analysis of International Inc.
8.6 HAMAMATSU PHOTONICS K.K.
8.6.1 Company overview
8.6.2 Business Performance
8.6.3 Key strategies and developments
8.6.4 SWOT Analysis of Hamamatsu Photonics K.K.
8.7 SAMSUNG ELECTRONICS CO. LTD
8.7.1 Company Overview
8.7.2 Business Performance
8.7.3 Key strategies and developments
8.7.4 SWOT analysis of Samsung Electronics Corp. Ltd
8.8 TOSHIBA CORPORATION
8.8.1 Company Overview
8.8.2 Business Performance
8.8.3 Key Strategies and developments
8.8.4 SWOT analysis of Toshiba Corporation
8.9 MITSUBISHI ELECTRIC CORPORATION
8.9.1 Company Overview
8.9.2 Business performance
8.9.3 Key Strategies and developments
8.9.4 SWOT analysis of Mitsubishi Electric Corporation
8.10 FUJIFILM CORP.
8.10.1 Company Overview
8.10.2 Business Performance
8.10.3 Key Strategies and developments
8.10.4 SWOT analysis of Fujifilm Corp.
LIST OF FIGURES
FIG. 1 USE OF SMARTPHONES GLOBALLY
FIG. 2 STEP BY STEP ILLUSTRATION OF A PHOTONIC BIO-CHEMICAL SENSOR
FIG. 3 TOP WINING STRATEGIES, 2013-2015
FIG. 4 VALUE CHAIN ANALYSIS FOR PHOTONIC SENSORS MARKET
FIG. 5 PATENTS FOR PHOTONIC SENSORS REGISTERED/APPROVED IN THE U.S., EUROPE AND JAPAN 2011-2014
FIG. 6 U.S. PATENT ANALYSIS BY MARKET PARTICIPANTS, 20112014
FIG. 7 EUROPE PATENT ANALYSIS BY MARKET PARTICIPANTS, 20112014
FIG. 8 FIBER OPTICS SENSORS MARKET PROJECTIONS, 2012-2017
FIG. 9 APPLICATION OF PHOTONIC SENSORS
FIG. 10 WORLDWIDE WIND ENERGY CAPACITY
FIG. 11 SWOT ANALYSIS OF BAUMER HOLDING AG
FIG. 12 SWOT ANALYSIS OF BANNER ENGINEERING CORP.
FIG. 13 REVENUE GENERATED BY OMRON CORPORATION, 2012 - 2014($MILLION)
FIG. 14 REVENUE OF OMRON CORPORATION (2014), BY OPERATING SEGMENTS (%)
FIG. 15 REVENUE OF OMRON CORPORATION (2014), BY GEOGRAPHIC REGIONS (%)
FIG. 16 SWOT ANALYSIS OF OMRON CORPORATION
FIG. 17 SWOT ANALYSIS OF TRUESENCE IMAGING INC.
FIG. 18 REVENUE GENERATED BY HONEYWELL INTERNATIONAL, INC. 2012 - 2014, ($MILLION)
FIG. 19 REVENUE OF HONEYWELL (2014), BY GEOGRAPHY
FIG. 20 SWOT ANALYSIS OF HONEYWELL INTERNATIONAL INC.
FIG. 21 REVENUE GENERATED BY HAMAMATSU PHOTONICS K.K., 2013 2015 ($MILLION)
FIG. 22 SWOT ANALYSIS OF HAMAMATSU PHOTONICS K.K.
FIG. 23 REVENUE GENERATED BY SAMSUNG ELECTRONICS CORP., 2012-2014 ($MILLION)
FIG. 24 REVENUE OF SAMSUNG ELECTRONICS CO. LTD. (2014), BY GEOGRAPHY
FIG. 25 SWOT ANALYSIS OF SAMSUNG ELECTRONICS CO. LTD.
FIG. 26 REVENUE GENERATED BY TOSHIBA CORPORATION, 2012 2014 ($MILLION)
FIG. 27 REVENUE OF TOSHIBA CORPORATION (2014), BY BUSINESS SEGMENT
FIG. 28 SWOT ANALYSIS OF TOSHIBA CORPORATION
FIG. 29 REVENUE GENERATED BY MITSIBISHI ELECTRIC CORPORATION, 2013 2015 ($MILLION)
FIG. 30 REVENUE OF MITSUBISHI ELECTRIC CORPORATION (2015), BY SEGMENT
FIG. 31 SWOT ANALYSIS OF MITSUBISHI ELECTRIC CORPORATION
FIG. 32 REVENUE GENERATED BY FUJIFILM CORP., 2013-2015 ($MILLION)
FIG. 33 REVENUE OF FUJIFILM CORP. (2015), BY OPERATING SEGMENT
FIG. 34 SWOT ANALYSIS OF FUJIFILM CORP.
LIST OF TABLES
TABLE 1 PHOTONIC SENSORS MARKET REVENUE BY GEOGRAPHY, 2014-2021 ($ MILLION)
TABLE 2 COMMERCIALIZED MEMS/MST-ENABLED PRODUCT OFFERINGS
TABLE 3 JAPAN PATENT ANALYSIS BY MARKET PARTICIPANTS, 20112014
TABLE 4 WORLD PHOTONIC SENSORS MARKET, BY PRODUCT TYPE, 2014-2021 ($ MILLION)
TABLE 5 WORLD FIBER OPTIC SENSORS MARKET, BY GEOGRAPHY, 2014-2021 ($ MILLION)
TABLE 6 WORLD FIBER OPTIC SENSORS MARKET, BY TYPE, 2014-2021 ($ MILLION)
TABLE 7 CCD VS CMOS
TABLE 8 WORLD IMAGE SENSORS MARKET, BY GEOGRAPHY, 2014-2021 ($ MILLION)
TABLE 9 WORLD IMAGE SENSORS MARKET, BY TYPE, 2014-2021 ($ MILLION)
TABLE 10 APPLICATION OF BIOPHOTONICS IN MULTIPLE INDUSTRIES
TABLE 11 WORLD BIOPHOTONIC SENSORS MARKET, BY GEOGRAPHY, 2014-2021 ($ MILLION)
TABLE 12 WORLD BIOPHOTONIC SENSORS MARKET, BY TYPE, 2014-2021 ($ MILLION)
TABLE 13 WORLD OTHER SENSORS MARKET, BY GEOGRAPHY, 2014-2021 ($ MILLION)
TABLE 14 WORLD PHOTONIC SENSORS MARKET, BY TECHNOLOGY, 2014-2021($ MILLION)
TABLE 15 WORLD FIBER OPTIC TECHNOLOGY MARKET BY GEOGRAPHY, 2014-2021 ($ MILLION)
TABLE 16 WORLD LASER TECHNOLOGY MARKET BY GEOGRAPHY, 2014-2021 ($ MILLION)
TABLE 17 WORLD BIOPHOTONICS TECHNOLOGY MARKET BY GEOGRAPHY, 2014-2021 ($ MILLION)
TABLE 18 WORLD PHOTONIC SENSORS MARKET BY APPLICATION, 2014-2021 ($ MILLION)
TABLE 19 MILITARY PHOTONIC SENSORS MARKET BY GEOGRAPHY, 2014-2021 ($ MILLION)
TABLE 20 HOMELAND SECURITY PHOTONIC SENSORS MARKET BY GEOGRAPHY, 2014-2021 ($ MILLION)
TABLE 21 INDUSTRIAL PROCESS PHOTONIC SENSORS MARKET BY GEOGRAPHY, 2014-2021 ($ MILLION)
TABLE 22 FACTORY AUTOMATION PHOTONIC SENSORS MARKET BY GEOGRAPHY, 2014-2021 ($ MILLION)
TABLE 23 ENERGY MANAGEMENT PROGRAMS IN SOME COUNTRIES
TABLE 24 CIVIL STRUCTURES PHOTONIC SENSORS MARKET BY GEOGRAPHY, 2014-2021 ($ MILLION)
TABLE 25 TRANSPORTATION PHOTONIC SENSORS MARKET BY GEOGRAPHY, 2014-2021 ($ MILLION)
TABLE 26 BIOMEDICAL PHOTONIC SENSORS MARKET BY GEOGRAPHY, 2014-2021 ($ MILLION)
TABLE 27 MICRO FLUDIC PHOTONIC SENSORS MARKET BY GEOGRAPHY, 2014-2021 ($ MILLION)
TABLE 28 BIO-ENVIRONMENTAL ANALYTICS PHOTONIC SENSORS MARKET BY GEOGRAPHY, 2014-2021 ($ MILLION)
TABLE 29 WIND ENERGY TURBINES PHOTONIC SENSORS MARKET BY GEOGRAPHY, 2014-2021 ($ MILLION)
TABLE 30 OIL & GAS PHOTONIC SENSORS MARKET BY GEOGRAPHY, 2014-2021 ($ MILLION)
TABLE 31 OTHERS PHOTONIC SENSORS MARKET BY GEOGRAPHY, 2014-2021 ($ MILLION)
TABLE 32 WORLD PHOTONIC SENSORS MARKET BY REGION, 2014-2021 ($ MILLION)
TABLE 33 NORTH AMERICAN PHOTONIC SENSORS MARKET BY APPLICATION, 2014-2021 ($ MILLION)
TABLE 34 EUROPEAN PHOTONIC SENSORS MARKET BY APPLICATION, 2014-2021 ($ MILLION)
TABLE 35 ASIA-PACIFIC PHOTONIC SENSORS MARKET BY APPLICATION, 2014-2021 ($ MILLION)
TABLE 36 LAMEA PHOTONIC SENSORS MARKET BY APPLICATION, 2014-2021 ($ MILLION)
TABLE 37 BAUMER HOLDING AG SNAPSHOT
TABLE 38 BANNER ENGINEERING CORP.SNAPSHOT
TABLE 39 OMRON CORPORATION SNAPSHOT
TABLE 40 TRUESENSE IMAGING INC. SNAPSHOT
TABLE 41 HONEYWELL INTERNATIONAL INC. SNAPSHOT
TABLE 42 HAMAMATSU PHOTONICS K.K. SNAPSHOT
TABLE 43 SAMSUNG ELECTRONICS CO. LTD SNAPSHOT
TABLE 44 TOSHIBA CORPORATION SNAPSHOT
TABLE 45 MITSUBISHI ELECTRIC CORPORATION SNAPSHOT
TABLE 46 FUJIFILM CORP. SNAPSHOT
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