Europe Optical Detector Market Size, Share & Industry Trends Analysis Report By Type (Extrinsic and Intrinsic), By Sensor Type, By End Use (Consumer Electronics, Medical, Automotive, Industrial), By Country and Growth Forecast, 2022 - 2028
Special Offering: Industry Insights | Market Trends | Highest number of Tables | 24/7 Analyst Support
Get in-depth analysis of the COVID-19 impact on the Europe Optical Detector Market
Market Report Description
The Europe Optical Detector Market would witness market growth of 9.7% CAGR during the forecast period (2022-2028).
Photon counters have a higher sensitivity, up to 10–17 W/sec. The capacity to operate in the far IR area of the spectrum (10 to 30) gives photodiodes, photoresistors, and detectors based on the photoelectromagnetic effect an advantage over photoemissive detectors. Photoresistors' limiting sensitivity in a 1 Hz frequency band is 10–10 to 10–12 W, with a constant time of 10–5 to 10–7 sec. Moreover, a novel type of detector for recording ultrashort pulses of laser radiation in the infrared area was developed in past years, which makes use of the action of photon entrainment of free electrons in semiconductors.
With 94.301 IT enterprises, including software and hardware, in 2018 as well as an estimated 1.03 million employees in 2021, Germany has one of the world's biggest ICT markets and Europe's single largest software market. In addition, there are numerous highly specialized SMEs on the market. According to the International Trade Administration, the revenue IT services was USD 48.2 billion in the region in 2021, IT-Hardware revenue was recorded to be USD 38.1 billion, while the revenue of software subsector was USD 32.5 billion. The IT sector's total revenue has climbed from USD 76.4 billion in 2001 to an estimated USD 112.6 billion in 2021. With the well-established ICT market of the region, the consumer electronics industry is also significantly growing due to the support of several advanced and new generation technologies.
According to the UK’s Department for International Trade, with around 18,000 UK-based enterprises, the United Kingdom had the largest market for high-end consumer electronics items across Europe in 2014.
The Germany market dominated the Europe Optical Detector Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $394.5 million by 2028. The UK market is experiencing a CAGR of 8.8% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 10.5% during (2022 - 2028).
Based on Type, the market is segmented into Extrinsic and Intrinsic. Based on Sensor Type, the market is segmented into Image sensor, Fiber Optic Sensor, Photoelectric Sensor, and Ambient Light and Proximity Sensor. Based on End Use, the market is segmented into Consumer Electronics, Medical, Automotive, Industrial, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Optical Detector Market will Hit $5.9 Billion by 2028, at a CAGR of 10.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Analog Devices, Inc., STMicroelectronics N.V., ams-OSRAM AG, Rohm Semiconductors Co., Ltd., Hamamatsu Photonics K.K., Vishay Intertechnology, Inc., Excelitas Technologies Corp., Leuze electronic GmbH + Co. KG, and Fotech Group Limited.
Scope of the Study
Market Segments Covered in the Report:
By Sensor Type
- Image sensor
- Fiber Optic Sensor
- Photoelectric Sensor
- Ambient Light and Proximity Sensor
By End Use
- Consumer Electronics
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Analog Devices, Inc.
- STMicroelectronics N.V.
- ams-OSRAM AG
- Rohm Semiconductors Co., Ltd.
- Hamamatsu Photonics K.K.
- Vishay Intertechnology, Inc.
- Excelitas Technologies Corp.
- Leuze electronic GmbH + Co. KG
- Fotech Group Limited
Unique Offerings from KBV Research
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free