TechNavio's analysts forecast the Global Photonic Sensor market to grow at a CAGR of 17.5 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing demand in the Industrial segment. The Global Photonic Sensor market has also been witnessing the increased number of mergers and acquisitions. However, the high cost of photonic sensors could pose a challenge to the growth of this market.
TechNavio's report, the Global Photonic Sensor market, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Photonic Sensor market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The key vendors dominating this space are OMRON Corp., Mitsubishi Electric Corp., Banner Engineering Corp., and Honeywell International Inc.
The other vendors mentioned in the report are Baumer Holding AG, Fibertronix AB, Fiso Technologies Inc., Lap Laser, Llc, and Prime Photonics, Lc.
Key questions answered in this report:
What will the market size be in 2016 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?