Growing Optical and Image Sensors Market Provides Opportunities for Adhesives, Sealants
The world optical and image sensors market earned revenues of $9.07 billion in 2013 and is predicted to reach $15.12 billion in 2019, according to “Strategic Analysis of the World Optical and Image Sensors Market,” a recent study from Frost & Sullivan. Consumer demand for high-quality imaging capabilities, enhanced viewing experience, and power saving capabilities in cell phones, tablets, and industrial machine vision will lend momentum to the global optical and image sensors market. Evolving opportunities in the automotive, security and medical sectors will further drive the development of high-performance, high-priced sensors with features such as wide dynamic range and low-light sensitivity.
“For entry into automotive markets, sensor manufacturers need to work with large original equipment manufacturers (OEMs) to develop the next generation of automotive vision systems,” said Sankara Narayanan, senior industry analyst, Measurement and Instrumentation. “For the medical segment, attaining complexity of design and adhering to strict safety standards will be crucial.”