TE Connectivity Ltd. acquired First Sensor AG to provide an even broader product range that supports the growth goal of TE's sensors business and TE Connectivity as a whole, including cutting-edge, market-leading sensors, and to deliver superior product innovation and customer service.
AMS AG introduced CMOS Global Shutter Sensor (CGSS) Near Infrared (NIR) image sensor CGSS130 which enables 3D optical sensing applications, and also enables manufacturers to extend battery run-time in mobile devices.
Author Credits: Abhishek Verma, Hetal Singh
Report ID: 3253
Published Date: Aug 21, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
Growing electronics sector and the growing popularity of minimally invasive procedures are the major factors driving the growth of the market.
The market size of Optical Sensing is anticipated to attain a CAGR of 16.50% over the forecast period, i.e., 2023 â€“ 2035.
The major players in the market are Enfucell Oy, STMicroelectronics International N.V., LG Chem, Ltd., Cymbet Corporation, Imprint Energy Inc, Jenax Inc., Samsung SDI Co., Ltd., Excellatron Solid State, LLC, and others.
The image sensor segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
The market in the North American region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.