Photonic Sensors and Detectors Global Market to Reach $60.5 Billion by 2027 at a 10.6% CAGR

The Photonic Sensors and Detectors: Technologies and Global Markets report has been added to ResearchAndMarkets.com's offering.

The scope of the report includes an overview of the global photonic sensors and detectors market as well as the analysis of global market trends, with data from 2020 and 2021, the latter considered the base year, as well as estimates for 2022 through 2027, with projections of CAGR in the forecast period.

Photonic sensors and detectors play a critical role in many modern technologies and applications, including military, homeland security, industrial process, civil structures, factory automation, transportation, biomedical, microfluidics, bio-environmental, oil and gas, and wind-energy turbines, among others.

Photonic sensors and detectors are increasingly being used in a wide range of applications due to their many advantages over traditional electronic sensors and detectors. These advantages include high sensitivity, wide dynamic range, fast response time, non-contact sensing, immunity to electromagnetic interference, small size, and multiplexing capability. Photonic sensors and detectors are extremely sensitive to light, enabling them to detect even small changes in optical signals.

They can operate over a wide range of optical power levels and respond to optical signals with very high speed, making them useful in real-time applications. Many photonic sensors and detectors can operate without physical contact with the object being measured, which makes them useful for measuring fragile or sensitive materials.