Photodiode Sensors Global Market is Projected to Reach $1.8 Billion by 2030: Large-Area Image Sensors Offer Improved Growth Potential


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 AttributeDetails
No. of Pages569
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$1 Billion
Forecasted Market Value (USD) by 2030$1.8 Billion
Compound Annual Growth Rate7.6%
Regions CoveredGlobal

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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Global Market for Photodiode Sensors

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