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Optical Sensor Market Share
- Report ID: GMI755
- Published Date: Dec 2020
- Report Format: PDF
Optical Sensor Market Share
Key players operating in the optical sensor industry are
- ams AG
- Keyence Corporation
- ON Semiconductors
- Omron Corporation
- ROHM Co., Ltd.
- Sick AG
- Texas Instruments Incorporated
- Vishay Intertechnology
- Panasonic Corporation
- TE Connectivity
Companies are leveraging various strategies, such as mergers, collaborations, and acquisitions, to increase their market share and profitability. For instance, in March 2020, TE Connectivity acquired majority market shares of First Sensor AG. The company has in-house manufacturing capabilities of high-precision optical sensors.
In addition, the industry players focus on new product development to stay competitive in the market. For instance, in October 2020, Omron Corporation announced the launch of a CMOS-based photoelectric sensor for optical sensing applications. The new optical sensor uses image array technology, which helps industrial automation equipment to detect the object’s opacity, color, or pattern changes.
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Optical Sensor Market Scope
