Photo Detector Market by Product, End-user, and Geography - Forecast and Analysis 2020-2024

Published: Nov 2020 Pages: 120 SKU: IRTNTR45660

The photo detector market size has the potential to grow by USD 1.87 billion during 2020-2024, and the market’s growth momentum will accelerate during the forecast period.

This report provides a detailed analysis of the market by product (photon detector and thermal detector), end-user (consumer electronics, industrial equipment, aerospace and defense, and automobile), and geography (APAC, Europe, MEA, North America, and South America). 

Photo Detector Market Size

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Who are the Major Photo Detector Market Vendors?

This photo detector market analysis report provides information on the production, sustainability, and prospects of several leading companies, including:

  • Excelitas Technologies Corp.
  • Hamamatsu Photonics KK
  • LITE-ON Technology Corp.
  • Mirion Technologies Inc.
  • ON Semiconductor Corp.
  • OSRAM Licht AG
  • Panasonic Corp.
  • ROHM Co. Ltd.
  • Thorlabs Inc.
  • Vishay Intertechnology Inc.

The photo detector market is fragmented, and vendors are deploying various organic and inorganic growth strategies to stay ahead in the competition. This photo detector market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies.

Market drivers such as the surge in the sale of consumer electronics, the growing demand for optical communication, and the increasing traction of IoT devices will offer immense growth opportunities. However, challenges such as the high manufacturing and upgrade costs, the cyclic nature of the semiconductor industry, and limited sensing capability in adverse environmental conditions may impede the growth of the market participants.

Which are the Key Markets for Photo Detector?

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The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. APAC will offer several growth opportunities to market vendors during the forecast period. 

44% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for photo detectors in APAC. This report provides an accurate prediction of the contribution of all segments to the growth of the photo detector market size.

Key Highlights of the Photo Detector Market Report for 2020-2024

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will drive photo detector market growth during the next five years
  • Precise estimation of the photo detector market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the photo detector industry across APAC, Europe, MEA, North America, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of photo detector market vendors

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Executive Summary

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product
  • Photon detector - Market size and forecast 2019-2024
  • Thermal detector - Market size and forecast 2019-2024
  • Market opportunity by Product

Market Segmentation by End-user

  • Market segments
  • Comparison by End user
  • Consumer electronics - Market size and forecast 2019-2024
  • Industrial equipment - Market size and forecast 2019-2024
  • Aerospace and defense - Market size and forecast 2019-2024
  • Automobile - Market size and forecast 2019-2024
  • Market opportunity by End user

Customer landscape

  • Overview

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Competitive scenario
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Excelitas Technologies Corp.
  • Hamamatsu Photonics KK
  • LITE-ON Technology Corp.
  • Mirion Technologies Inc.
  • ON Semiconductor Corp.
  • OSRAM Licht AG
  • Panasonic Corp.
  • ROHM Co. Ltd.
  • Thorlabs Inc.
  • Vishay Intertechnology Inc.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

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photo detector market

Key Questions Answered

  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?

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