Latin America is breaking the shackles of dependency on USA for its communication network and is laying its own fibre optic cable network to boost the internet speed across the continent. There is a lot of regional understanding and want each other to grow in this sector. Recently the undersea fibre optic cable reached Cuba from Venezuela, which will provide a big boost in the Internet speed and capacity.
Optical Sensors convert light rays into electronic signals. It measures physical quantity of light and translates into a value that can be read by an instrument. It has many applications like in research and development, manufacturing, defense, healthcare and process control. The market is still evolving with continuous innovations being done. The market for sensors is also being driven by the growing penetration of smart devices. The demand for the smart devices is expected to maintain consistency in near future, so will be the demand for optical sensors.
The market is still innovating, with more companies focusing on new applications of this technology. Some of the major vendors mentioned in the report are Honeywell, Rockwell Automation, Atmel, Bosch and STMicroelectronics. Some of the other manufacturers of the optical sensor, who are serving this market in their own unique way mentioned in the report are OptiSense, Compact Imaging, Ocean Optics and Banpil Photonics.
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