Photo Detectors Market
Photo Detectors Market Size, Share & Trends Analysis Report Market by Product Type (Photon detector, Thermal detector), by Type (Metal–Semiconductor–Metal (MSM) photodetector, Avalanche photodiode, Phototubes & Photomultipliers, Other Types), by Application (Consumer electronics, Industrial equipment, Aerospace and Defense, Automobile, Other Applications) Forecast Period (2022-2030) Update Available - Forecast 2024-2030
Photo Detector market is anticipated to grow at a considerable CAGR of 9.2% during the forecast period. Photodetectors are also known as photo sensors and are light sensors or other electromagnetic radiation sensors. According to World Semiconductor Trade Statistics (WSTS), in the year 2021, the worldwide sensors market grew 28% to $19.1 billion because of increased demand from communications, automotive, and industrial segments and prices increased for the year and will continue to grow in the upcoming years at a higher rate. During the projected period, the market is likely to be driven by the increasing use of photo detectors in various sectors such as consumer electronics, aerospace, defense, and the automobile industry Currently, the demand for sensors that offer precise output is continuously increasing from different industries. Sensor manufacturers have been adding capacity for instance, in 2022, Bosch, the leading producer of sensors, announced in February it would invest $297 million to create additional production space at its Reutlingen, Germany fab for the production of sensors and other chips.
However, the high initial cost and lack of awareness are anticipated to function as the primary restraints for the growth of the photodetectors market as photo detectors are complex semiconductor devices that require high-precision manufacturing processes. This makes them relatively expensive to develop and manufacture.
Segmental Outlook
The global photo detector market is segmented based on product type, type, and application. Based on product type, the market is segmented into photon detectors and thermal detectors. Based on type, the market is sub-segmented into metal–semiconductor–metal (MSM) photodetector, avalanche photodiode, phototubes and photomultipliers, and other types. Based on application, the market is segmented into consumer electronics, industrial equipment, aerospace and defense, automobile, and other applications. Among these, the industrial segment is expected to hold a considerable market share during the forecast period because of the various uses of sensors in all the processes and activities.
Regional outlooks
The global photo detector market is further segmented based on geography, including North America (the US and Canada), Europe (Italy, Spain, Germany, France, and others), Asia-Pacific (India, China, Japan, South Korea, and others), and the Rest of the World (the Middle East & Africa and Latin America). North American region holds a significant market because of the early adoption of new technology and the new innovation in the photo detectors market.
Global Photo Detector Market Growth, by Region 2023-2030
Asia Pacific region is expected to hold the largest market share in the Global Photo Detector market
Geographically, the Asia Pacific region holds a sizeable market share due to the presence of major Economies such as China, India, and Japan. The Asia-Pacific region produces a lot of consumer electronics, especially smartphones and tablets, which contain restore recognition and 3D mapping, which are two of the biggest drivers of optical detectors market growth in the region. To provide huge sensor arrays and a wide dynamic sensing range, sensors are being engineered to be extremely tiny, passive, and lightweight. Various measures are being implemented by governments around the region to develop and expand local manufacturing industries. For example in July 2020, the South Korean government invested $414 million to boost the number of smart factories in the country. In recent years, technologies such as AI and IoT in these factories have gained enormous traction, resulting in a surge in demand for optical detectors in the region.
Market Players Outlook
The major companies serving the global photo detectors market include Albis Optoelectronics AG, BaySpec, Inc., Excelitas Technologies Corp, Mirion Technologies, Inc., NTT Electronics Corp., and Ophir Optronics Solutions Ltd., among others. The market players are considerably contributing to the market growth by the adoption of various strategies, including mergers and acquisitions, partnerships, collaborations, and new product launches, to stay competitive in the market. For instance, Albis Optoelectronics in 2020, launched a new 400G photodiode array. The photodiode array consists of InGaAs/InP very high-speed photodiode chips with integrated backside lenses.
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global Photo Detector market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. Banpil Photonics, Inc.
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Eaton
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. KEYENCE CORPORATION
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Hamamatsu Photonics K.K.
3.5.1. Overview
3.5.2. Financial Analysis
3.5.3. SWOT Analysis
3.5.4. Recent Developments
3.6. Semiconductor Components Industries, LLC
3.6.1. Overview
3.6.2. Financial Analysis
3.6.3. SWOT Analysis
3.6.4. Recent Developments
3.7. Key Strategy Analysis
4. Market Segmentation
4.1. Global Photo Detectors Market by Product Type
4.1.1. Photon detector
4.1.2. Thermal detector
4.2. Global Photo Detectors Market by Type
4.2.1. (Metal–Semiconductor–Metal) MSM photodetector
4.2.2. Avalanche photodiode
4.2.3. Phototubes & Photomultipliers
4.2.4. Other Types (photodiode and phototransistor)
4.3. Global Photo Detectors Market by Application
4.3.1. Consumer electronics
4.3.2. Industrial equipment
4.3.3. Aerospace and defense
4.3.4. Automobile
4.3.5. Other Applications(video imaging, optical communications)
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Albis Optoelectronics AG
6.2. BaySpec, Inc.
6.3. Excelitas Technologies Corp.
6.4. Honeywell International Inc.
6.5. Leuze electronic Pvt. Ltd.
6.6. LITE-ON Product Inc.
6.7. Mirion Technologies, Inc.
6.8. NTT Electronics Corp.
6.9. Ophir Optronics Solutions Ltd.
6.10. OSRAM Opto Semiconductors GmbH
6.11. Panasonic Corp.
6.12. ROHM CO. LTD.
6.13. Texas Instruments Incorporated
6.14. Thorlabs, Inc.
6.15. Toshiba electronic devices & storage corp.
6.16. Vishay Intertechnology, Inc.
1. GLOBAL PHOTO DETECTORS MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2022-2030 ($ MILLION)
2. GLOBAL PHOTON PHOTO DETECTORS MARKET RESEARCH AND ANALYSIS BY REGION,2022-2030 ($ MILLION)
3. GLOBAL THERMAL PHOTO DETECTORS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
4. GLOBAL PHOTO DETECTORS MARKET RESEARCH AND ANALYSIS BY TYPE, 2022-2030 ($ MILLION)
5. GLOBAL MSM PHOTO DETECTORS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
6. GLOBAL AVALANCHE PHOTO DETECTORS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
7. GLOBAL PHOTOTUBES & PHOTOMULTIPLIERS PHOTO DETECTORS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
8. GLOBAL OTHER TYPES OF PHOTO DETECTORS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
9. GLOBAL PHOTO DETECTORS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
10. GLOBAL PHOTO DETECTORS FOR CONSUMER ELECTRONICS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
11. GLOBAL PHOTO DETECTORS FOR INDUSTRIAL EQUIPMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
12. GLOBAL PHOTO DETECTORS FOR AEROSPACE AND DEFENSE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
13. GLOBAL PHOTO DETECTORS FOR AUTOMOBILE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
14. GLOBAL PHOTO DETECTORS FOR OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
15. GLOBAL PHOTO DETECTORS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
16. NORTH AMERICAN PHOTO DETECTORS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
17. NORTH AMERICAN PHOTO DETECTORS MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2022-2030 ($ MILLION)
18. NORTH AMERICAN PHOTO DETECTORS MARKET RESEARCH AND ANALYSIS BY TYPE, 2022-2030 ($ MILLION)
19. NORTH AMERICAN PHOTO DETECTORS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
20. EUROPEAN PHOTO DETECTORS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
21. EUROPEAN PHOTO DETECTORS MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2022-2030 ($ MILLION)
22. EUROPEAN PHOTO DETECTORS MARKET RESEARCH AND ANALYSIS BY TYPE, 2022-2030 ($ MILLION)
23. EUROPEAN PHOTO DETECTORS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
24. ASIA- PACIFIC PHOTO DETECTORS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
25. ASIA- PACIFIC PHOTO DETECTORS MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2022-2030 ($ MILLION)
26. ASIA-PACIFIC PHOTO DETECTORS MARKET RESEARCH AND ANALYSIS BY TYPE, 2022-2030 ($ MILLION)
27. ASIA-PACIFIC PHOTO DETECTORS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
28. REST OF THE WORLD PHOTO DETECTORS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
29. REST OF THE WORLD PHOTO DETECTORS MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2022-2030 ($ MILLION)
30. REST OF THE WORLD PHOTO DETECTORS MARKET RESEARCH AND ANALYSIS BY TYPE, 2022-2030 ($ MILLION)
31. REST OF THE WORLD PHOTO DETECTORS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
1. GLOBAL PHOTO DETECTORS MARKET SHARE BY PRODUCT TYPE, 2022 VS 2030 (%)
2. GLOBAL PHOTON PHOTO DETECTORS MARKET SHARE BY REGION, 2022 VS 2030 (%)
3. GLOBAL THERMAL PHOTO DETECTORS MARKET SHARE BY REGION BY REGION, 2022 VS 2030 (%)
4. GLOBAL PHOTO DETECTORS MARKET SHARE BY TYPE, 2022 VS 2030 ($ MILLION)
5. GLOBAL MSM PHOTO DETECTORS MARKET SHARE BY REGION, 2022 VS 2030 (%)
6. GLOBAL AVALANCHE PHOTO DETECTORS MARKET SHARE BY REGION, 2022 VS 2030 (%)
7. GLOBAL PHOTOTUBES & PHOTOMULTIPLIERS PHOTO DETECTORS MARKET SHARE BY REGION BY REGION, 2022 VS 2030 (%)
8. PHOTO DETECTORS MARKET SHARE BY APPLICATION, 2022 VS 2030 ($ MILLION)
9. GLOBAL PHOTO DETECTORS FOR CONSUMER ELECTRONICS MARKET SHARE BY REGION, 2022 VS 2030 (%)
10. GLOBAL PHOTO DETECTORS FOR INDUSTRIAL EQUIPMENT MARKET SHARE BY REGION, 2022 VS 2030 (%)
11. GLOBAL PHOTO DETECTORS FOR AEROSPACE AND DEFENCE MARKET SHARE BY REGION, 2022 VS 2030 (%)
12. GLOBAL PHOTO DETECTORS FOR AUTOMOBILE MARKET SHARE BY REGION, 2022 VS 2030 (%)
13. GLOBAL PHOTO DETECTORS FOR OTHER APPLICATIONS MARKET SHARE BY REGION, 2022 VS 2030 (%)
14. GLOBAL PHOTO DETECTORS MARKET SHARE BY REGION, 2022 VS 2030 (%)
15. US PHOTO DETECTORS MARKET SIZE, 2022-2030 ($ MILLION)
16. CANADA PHOTO DETECTORS MARKET SIZE, 2022-2030 ($ MILLION)
17. UK PHOTO DETECTORS MARKET SIZE, 2022-2030 ($ MILLION)
18. FRANCE PHOTO DETECTORS MARKET SIZE, 2022-2030 ($ MILLION)
19. GERMANY PHOTO DETECTORS MARKET SIZE, 2022-2030 ($ MILLION)
20. ITALY PHOTO DETECTORS MARKET SIZE, 2022-2030 ($ MILLION)
21. SPAIN PHOTO DETECTORS MARKET SIZE, 2022-2030 ($ MILLION)
22. REST OF EUROPE PHOTO DETECTORS MARKET SIZE, 2022-2030 ($ MILLION)
23. INDIA PHOTO DETECTORS MARKET SIZE, 2022-2030 ($ MILLION)
24. CHINA PHOTO DETECTORS MARKET SIZE, 2022-2030 ($ MILLION)
25. JAPAN PHOTO DETECTORS MARKET SIZE, 2022-2030 ($ MILLION)
26. SOUTH KOREA PHOTO DETECTORS MARKET SIZE, 2022-2030 ($ MILLION)
27. REST OF ASIA-PACIFIC PHOTO DETECTORS MARKET SIZE, 2022-2030 ($ MILLION)
28. REST OF THE WORLD PHOTO DETECTORS MARKET SIZE, 2022-2030 ($ MILLION)
