Organic Sensor: Introduction
- A sensor can be a device, module, machine, or subsystem that can be used to detect events or changes in its surrounding and transmit the information to other electronic systems
- Organic sensors offer high dynamic range and sensitivity over conventional sensors. They receive light at sharper angles, which makes it easier to fix wide-angle lenses in cameras, enabling lenses to be attached closer to the sensor; hence they are majorly preferred in mobile devices and digital cameras.
- Organic sensors possess high sensitivity as compared to that possessed by conventional sensors in order to capture clear images in low light. Use of organic sensors in digital cameras or other imaging devices increases the number of pixels in imaging devices and improves sensor resolution.
- Organic sensors are built with organic photoelectric conversion layer, which has a separate layer of infrared light that helps in reading both visible and infrared light
Rising Opportunities of Global Organic Sensor Market in Healthcare and Automotive Industries
- Organic sensors made of conductive materials are gaining popularity due to increased demand for wearable sensors for self-health monitoring systems, as these sensors offer good flexibility, stretch-ability, low cost, and are light weight
- Organic sensors are extensively adopted in various image sensors of automobiles, which is estimated to create significant opportunities for the organic sensor market during the forecast period
- Advancements in organic sensor technology are projected to propel the demand for organic sensors in the consumer electronics sector due to frequent developments in smart sensing devices and wearables
- In 2018, Panasonic launched their first camera with Organic 8K sensor to improve light sensitivity and dynamic range. Additionally, features such as, improved color contrast and high image quality, are expected to further boost the organic sensor market.
Asia Pacific to Lead Global Organic Sensor Market
- Asia Pacific is anticipated to dominate the global organic sensor market during the forecast period, due to an increase in demand for consumer electronics products and rising advancements in the medical & life sciences sectors
- The organic sensor market in emerging economies of Asia Pacific such as, China and India, is likely to expand at a rapid pace owing to the presence of major players such as Panasonic Corporation and Fujifilm
- The market in Europe and North America is projected to expand at a significant growth rate during the forecast period due to rising focus on the development of organic sensors for health monitoring systems in order to improve their performance.
Key Players Operating in the Global Organic Sensor Market
- Fujifilm Holdings Corporation
- Panasonic Corporation
- Sony Corporation
- Teledyne Technologies Inc.
- Samsung Electronics Co., Ltd.
- Siemens AG
- Taiwan Semiconductor Manufacturing Co., Ltd.
- Canon Inc.
Global Organic Sensor Market: Research Scope
Global Organic Sensor Market, by Type
- Organic Camera Sensor
- Organic gas sensor
- Organic electronic sensor
- Organic chemical sensor
Global Organic Sensor Market, by Application
- Security Cameras
- In-vehicle Cameras
- Digital Cameras
- Mobile Devices
Global Organic Sensor Market, by Region
- North America
- Rest of North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- South America
- Rest of South America
- Middle East & Africa
- South Africa
- Rest of Middle East & Africa
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.