Optical Navigation Sensor Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026
Albany, NY -- (SBWIRE) -- 04/16/2019 -- Optical navigation sensors are electronic device designed to measure changes in position by optically acquiring sequential surface images and mathematically determining the direction and magnitude of movement from the changes in the images. Optical mouse is one of the electronics uses optical navigation sensors. These device includes an Image Acquisition System (IAS), a Digital Signal Processor (DSP) and a two-wire or four-wire serial port for the sensor. The DSP automatically processes images from the IAS to determine the direction and distance of motion without requiring mouse designers to deal with source code or firmware. The serial ports allow the devices to be programmed via registers. The IAS acquires microscopic surface images via the lens and illumination system. These images are processed
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by the DSP to determine the direction and distance of motion. The DSP calculates the Dx and Dy relative displacement values. These sensors are responsible for high-speed motion detection up to 30 ips and 20 g. The optical navigation sensor market is expected to expand at a higher growth rate in the forecast period owing to the increasing demand of effective sensor capable of measuring changes in position in Optical mice and optical trackballs, gesture detection devices and among others. Optical navigation sensors are used in wide range of applications in consumer electronics, aircraft, submarines, space shuttles, missiles and among others.
The global optical navigation sensor market is expected to witness a substantial growth during the forecast period. This is due to its increasing demand across various application sectors such as aerospace, consumer electronics and other sector. The optical navigation sensor uses the different surface images to adjust the cursor or position on your screen; however, surfaces that are shiny or are made of glass mirror is creating some hinges by reflecting LED light back to the signal processor. Efforts are being taken by many companies to upgrade their research and development activities to analyze further application that is expected to generate profitable growth opportunities for the market in the forecast period.
The global optical navigation sensor market is segmented on the basis of product type, application and region. On the basis of product type, the market has been segmented into FBG Laser, Integrated IR LED, Red LED and other. The optical navigation sensors are designed to offer higher accuracy, longer stability, smaller size, immunity to electromagnetic interference (EMI) and the ability to measure ultra-high speed events. By Application, the market has been segmented into consumer electronics, aircraft, submarines, space shuttles, missiles and other applications. High demand of optical navigation sensors in optical mouse and gamin consoles is expected to contribute towards growth of the market.
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In the region wise study, the global optical navigation sensor market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Asia Pacific which comprises China, India, South Korea, Australia and other rising economies captured significant market share followed by North America and Europe in 2017. Asia Pacific showed the fastest growth rate during the forecast period due to the emerging economies. China represents huge potential for the optical navigation sensors with the low cost of raw materials and huge production facilities in the country. Moreover, rapid level of industrialization in this region is also contributing to growth of optical navigation sensor market.
The global optical navigation sensor market is highly fragmented with number of companies operating in the segment. Leading players are currently focusing on providing cost competitive products to the customers. Some of the key players engaged in optical navigation sensor market include various manufacturers such as CODICO, Avago/Broadcom, PixArt, Silicon Labs, ATLab, Inc., EPS Global, Agilent Technologies, Cypress Semiconductor, and ROHM Semiconductor and among others.