Asia Pacific Optical Sensors Market Share

Market Share of Asia Pacific Optical Sensors Industry

The Asia Pacific Optical Sensors Market is fragmented, with several major players. These major players, including Rockwell Automation Inc., Atmel Corporation, STMicroelectronics NV, SICK AG, and many others, are focusing on expanding their customer base in foreign countries. These companies leverage strategic collaborative initiatives to increase their market share and profitability. Companies in the market are also acquiring start-ups working on optical sensor market technologies to strengthen their product capabilities.

• June 2022 - Metalenz, the first company to commercialize meta-optics, and STMicroelectronics, a global semiconductor leader serving customers across the spectrum of electronics applications, announced that ST's recently released VL53L8 direct Time-of-Flight (dToF) sensor would be the highly anticipated market debut of the meta-optics devices developed through their collaboration, which was announced in June 2021.

APAC Optical Sensors Market Leaders

1. Honeywell International Inc.

2. Rockwell Automation Inc.

3. Atmel Corporation

4. Robert Bosch GmbH

5. STMicroelectronics NV

*Disclaimer: Major Players sorted in no particular order