Dublin, April 17, 2023 (GLOBE NEWSWIRE) -- The "Photodiode Sensors: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Photodiode Sensors estimated at US$1 Billion in the year 2022, is projected to reach a revised size of US$1.8 Billion by 2030, growing at a CAGR of 7.6% over the analysis period 2022-2030.
Avalanche Photodiode, one of the segments analyzed in the report, is projected to record a 8% CAGR and reach US$755.7 Million by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Pin Photodiode segment is readjusted to a revised 8.8% CAGR for the next 8-year period.
The U.S. Market is Estimated at $237 Million, While China is Forecast to Grow at 9.2% CAGR
The Photodiode Sensors market in the U.S. is estimated at US$237 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$334.3 Million by the year 2030 trailing a CAGR of 9.2% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.6% and 7% respectively over the 2022-2030 period.
Within Europe, Germany is forecast to grow at approximately 6.9% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$222.5 Million by the year 2030.
Select Competitors (Total 56 Featured) -
- Centronic
- Edmund Optics Inc.
- Everlight Americas Inc.
- Excelitas Technologies Corp.
- First Sensor AG
- Global Communication Semiconductors, LLC
- Hamamatsu Photonics K.K.
- KYOTO SEMICONDUCTOR Co., Ltd.
- New Japan Radio Co.,Ltd.
- OSI Optoelectronics
- OSRAM Opto Semiconductors GmbH
- QUANTUM DEVICES
- ROHM CO., LTD.
- Semiconductor Components Industries, LLC
- Thorlabs, Inc.
- TT Electronics Plc
- Vishay Intertechnology, Inc.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 569 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $1 Billion |
| Forecasted Market Value (USD) by 2030 | $1.8 Billion |
| Compound Annual Growth Rate | 7.6% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Photodiode Sensors - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of COVID-19 Pandemic and Looming Global Recession: 2020 Marked as a Year of Disruption & Transformation
- As the Race between the Virus & Vaccines Intensifies, Where is the World Economy Headed in 2021?
- World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
- Industrial Activity Remain Subdued in 2020
- Global PMI Index Points for the Years 2018, 2019 & 2020
- Falling Consumer Confidence Impacts Sales of Consumer Electronics
- Sensors COVID-19 Impact, Market Reset & the New Normal
- An Introduction to Photodiode Sensors
- Photodiode Optical Sensors
- Aspects Critical to the Design of Photodiode Sensor Circuit
- Materials Used in Photodiodes
- Applications of Photodiode Sensors
- Global Sensor Industry: A Complementary Review
- World Sensors Market by End-Use Segment (2020): Percentage Breakdown of Dollar Sales for Automobile Applications, Process & Manufacturing Industries, Machine Tools & General Machinery, HVAC & Building Control, Office Automation & Communication, and Other Markets
- Global Market Prospects & Outlook
- World Photodiode Sensors Market by Material (2021 & 2027): Percentage Breakdown of Sales for Silicon (Si), Indium Gallium Arsenide (InGaAs), Germanium (Ge), Gallium Phosphide (GaP), and Other Materials
- World Photodiode Sensors Market by End-Use (2021 & 2027): Percentage Breakdown of Sales for Consumer Electronics, Telecommunications, Healthcare, Aerospace & Defense, and Other End-Uses
- Recent Market Activity
- Analysis by Type
- World Photodiode Sensors Market by Type (2021 & 2027): Percentage Breakdown of Sales for Avalanche Photodiode, PIN Photodiode, PN Photodiode, and Schottky Photodiode
- Analysis by Wavelength
- World Photodiode Sensors Market by Wavelength (2021 & 2027): Percentage Breakdown of Sales for Infrared (IR) Spectrum, Near Infrared (NIR) Spectrum, Visible Spectrum, and Ultra Violet (UV) Spectrum
- Regional Analysis
- World Photodiode Sensors Market: Percentage Breakdown of Sales for Developed and Developing Regions for the Years 2021 & 2027
- World Photodiode Sensors Market - Geographic Regions Ranked by CAGR (Sales) for 2020-2027: China, Asia-Pacific, Latin America, Middle East, Africa, Canada, USA, Europe, and Japan
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Employed as Light Sensors, Photodiode Sensors Find Numerous Applicability
- Large-Area Image Sensors Offer Improved Growth Potential
- Photodiode Usage in Through-Silicon Via (TSV) Production
- Researchers Design Thin-Film OPDs with Color Selectivity
- ActLight's Dynamic Photodiode Single Photon Sensitivity Device Holds Potential to Replace SPAD
- Sustained Opportunities in Consumer Electronics Sector
- Global Consumer Electronics Market by Region (2020): Percentage Breakdown of Revenues for North America, Europe, Asia-Pacific (Incl. Japan), Middle East, and Latin America
- Global Market for Smartphones in Billions: 2016-2021
- Smartphone Penetration Rate as Share of Total Population: 2016-2021
- Rise in Demand from Consumer Electronics Manufacturing Industry
- CMOS SPAD Image Sensor Enjoy Growing Application
- Telecommunication: Growing End-Use Vertical
- Expanding IIoT Ecosystem to Provide Steady Demand Prospects
- Global Number of IoT Connected Devices (In Billion Units) for the Years 2016, 2018, 2020, 2022 & 2025
- Global IoT Market (In US$ Billion) by Industry for the Years 2018 and 2022
- Expanding Role of Electronics in the Healthcare Sector to Drive Demand
- Sensor Usage in Healthcare Vertical: A Business Case for Photodiode Sensors
- Sensors Playing Key Role in Revolutionizing Wearable Technologies
- Global Wearable Device Shipments in Million Units for the Years 2017, 2019 and 2021
- Photodiode Sensors Usage for Accuracy of Wrist-Based Wearables
- Aerospace & Defense to Drive Growth in the Photodiode Sensors Market
- Defense Expenditure Worldwide in US$ Billion for the Years 2001 through 2020
- Leading Countries Ranked by Defense Budgets in US$ Billion for 2020
- Pandemic Dents Prospects in the Aviation Industry
- COVID-19 Pandemic Dents Airline Revenues: Commercial Airline Revenue Growth (in %) for 2010-2020
- Global Commercial Aircraft Fleet Projections: Breakdown of Fleet (in Units) by Region for 2019 and 2039
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/nh53zm
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