Industrial Optoelectronics Market Share

Statistics for the 2023 & 2024 Industrial Optoelectronics market share, created by Mordor Intelligence™ Industry Reports. Industrial Optoelectronics share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Industrial Optoelectronics Industry

The industrial optoelectronics market is fragmented and features key players like Vishay Intertechnology Inc., Omnivision Technologies Inc., Samsung Electronics, SK Hynix Inc., and Sony Corporation. Market participants strategically leverage partnerships and acquisitions to bolster their product portfolios and establish a sustainable competitive edge.

  • In December 2023, STMicroelectronics unveiled a cutting-edge global-shutter image sensor, emphasizing high resolution, compact design, and low power consumption. This sensor is tailored for diverse applications, spanning AR/VR, robotics (both personal and industrial), drones, biometrics, barcodes, and gestures, as well as embedded vision and scene recognition. Catering to a broad electronics clientele, STMicroelectronics is bolstering intelligent computer vision through its innovative global shutter image sensor. Notably, the global shutter technology excels in capturing clear images, especially in scenarios involving motion or near-infrared lighting.
  • In November 2023, Sony Semiconductor Solutions Corporation (SSS) unveiled plans for the IMX992 short-wavelength infrared (SWIR) image sensor, designed specifically for industrial applications. Boasting a notable industry-first, this sensor features an impressive 5.32 effective megapixels, setting a new standard. Leveraging SSS's innovative Cu-Cu connection technology, the IMX992 achieves a record-breaking pixel size of 3.45 μm, the smallest in the SWIR sensor segment. Its pixel structure is meticulously crafted for optimal light capture, ensuring exceptional imaging quality over a wide spectrum, spanning from visible light to the invisible short-wavelength infrared regions (wavelength: 0.4 to 1.7 μm).

Industrial Optoelectronics Market Leaders

  1. Sony Corporation

  2. Vishay Intertechnology Inc.

  3. Omnivision Technologies Inc.

  4. Samsung Electronics

  5. SK Hynix Inc.

*Disclaimer: Major Players sorted in no particular order

Industrial Optoelectronics Market Concentration

Industrial Optoelectronics Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)