Dan's Biz Bookshelf: 'Getting Naked: A Business Fable'
The Chemical Connection: Common Misconceptions in Wet Processing
It’s Only Common Sense: Selling to Engineers
U.S. Optical Sensors Market to Hit $4.97B by 2018
January 4, 2016 | Business WireEstimated reading time: 1 minute
Research and Markets has announced the addition of the "US Optical Sensors Market - Growth, Trends & Forecasts (2014-2020)"report to their offering.
The US Optical Sensors market is estimated at $4.97 billion by 2018 with a projected CAGR of 7.14% 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.
Other than their utilization in LAN operations and the information transfers industry, the fiber optic sensors are additionally generally 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.
Share on:
Suggested Items
DuPont Reports First Quarter 2025 Results
05/02/2025 | PRNewswireDuPont announced its financial results for the first quarter ended March 31, 2025.
KLA Reports Fiscal 2025 Q3 Results
05/02/2025 | PRNewswireKLA Corporation announced financial and operating results for its third quarter of fiscal year 2025, which ended on March 31, 2025, and reported GAAP net income of $1.09 billion and GAAP net income per diluted share of $8.16 on revenues of $3.06 billion.
Alternative Manufacturing Inc. (AMI) Appoints Gregory Picard New Business Development Manager
05/01/2025 | Alternative Manufacturing, Inc.Alternative Manufacturing Inc. (AMI) is pleased to announce the appointment of Mr. Gregory Picard as our new Business Development Manager. Picard brings a wealth of experience in Sales and Business Development, having worked with some of the most prominent names in the industry.
Ensuring a Strong and Reliable Supply Chain
04/30/2025 | Marcy LaRont, PCB007 MagazineKelly Davidson, vice president of NCAB Group USA, discusses the company's stable performance in 2024 and positive outlook for 2025. She highlights NCAB's strategy of organic growth and strategic acquisitions amidst tariff concerns and global political uncertainty. Kelly emphasizes the importance of supply chain diversification, strong supplier relationships, and customer education, and notes NCAB's focus on defense production and maintaining a reliable supply chain.
2024 Global Semiconductor Materials Market Posts $67.5 Billion in Revenue
04/29/2025 | SEMIGlobal semiconductor materials market revenue increased 3.8% to $67.5 billion in 2024, SEMI, the global industry association representing the electronics design and manufacturing supply chain, reported in its Materials Market Data Subscription (MMDS).