According to Stratistics MRC, the Global Photodiode Sensors Market is accounted for $571.07 million in 2020 and is expected to reach $1,197.69 million by 2028 growing at a CAGR of 9.7% during the forecast period. Rising demand for optical sensors in medical products, growing adoption of wearable technology are major factors driving the growth of the market. However, high operating voltage and it has low response time at large distance are hampering the market.
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By end user, telecommunication segment is experiencing considerable market growth, due to It is widely used in optical communication systems and optical remote controls. Based on the geography, Asia Pacific is dominating the market during the forecast period, owing to growing use of handheld devices such as tablets and smartphones and wearable devices in developing economies in the province.
Some of the key players profiled in the Photodiode Sensors Market include APIC Corporation, Centronic, Edmund Optics Inc, Everlight Electronics Co., Ltd, First Sensor AG, Global Communication Semiconductors, LLC, Hamamatsu Photonics, Illinois Tool Works Inc, KYOTO SEMICONDUCTOR Co., Ltd, OSRAM Opto Semiconductors GmbH, ROHM CO., LTD, Semiconductor Components Industries, LLC, Thorlabs, Inc, TT electronics, Vishay Intertechnology, Inc
Photodiode Types Covered:
• PN Photodiode
• PIN Photodiode
• Avalanche Photodiode
• Schottky Photodiode
Wavelengths Covered:
• Infrared (IR) Spectrum
• Near Infrared (NIR) Spectrum
• Ultra Violet (UV) Spectrum
• Visible Spectrum
Materials Covered:
• Gallium Phosphide (GAP)
• Indium Arsenide Antimonide (INASSB)
• Indium Gallium Arsenide (INGAAS)
• Mercury Cadmium Telluride (MCT, HGCDTE)
End Users Covered:
• Aerospace and Defense
• Automotive
• Consumer Electronics
• Health Care
• Research
• Telecommunication
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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