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According to a new report, North America Photonic Sensor Market, published by KBV Research, the North America Photonic Sensor Market is expected to grow at a CAGR of 15% during 2016 -2022. The U.S market dominated the North America Photonic Sensor Market in 2015, and would grow at a CAGR of 14.2% during the forecast period. The Canada market is expected to attain a market size of $970.4 million by 2022. The Fiber Optic Sensor market contributed the larger revenue share to North America Photonic Sensor Market in 2015, and would reach a market size of $2430.6 million by 2022.
However, Image Sensor market is expected to grow at CAGR of 13.3% during 2016-2022. The report highlights the adoption of Photonic Sensor market in North America. Based on the Product, the Photonic Sensor Market is segmented into Fiber Optic Sensor, Image Sensor, Biophotonic Sensor and Other segments. According to the product type, the Fiber Optic Sensor Segment is further segmented into Bragg Garting Sensor, Distributed Sensor, Quasi Distributed Sensor and Point Sensor Invasive sub segments; Image Sensors segment is bifurcated into Charge Coupled Devices, Complementary Metal Oxide Semiconductor, Position Sensitive Semiconductor and Photoelectric Sensor sub segments; Biophotonic sensors segment is segmented into Intrinsic BioPhotonics and Extrensic Bio Photonics sub segments. B
ased on the technology, the market is segmented into Fiber Optic Technology, Laser Technology and Biophotonic segments. On the basis of various application the market is also bifurcated into Military, Homeland Security, Industrial Process, Factory Automation, Civil Structure, Transportation, Biomedical, Micro Fluidic, Bio-environmental, Wind Energy turbines, Oil & gas and Other segments. The countries included in the report are U.S, Canada, Mexico and Rest of North America.
Key players profiled in the report include Baumer Holding AG, Banner Engineering Corp., True sense Imaging, Inc., Honeywell International, Samsung Electronics Co. Ltd., Toshiba Corporation, Fujifilm Holdings Corporation and General Electric Company.
The market is segmented based on Product, Technology, Application and Country.