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Optical Position Sensor Market (2014-2022) – By Type & Application – Increase in Adoption of Sensors in Remote Monitoring Medical Devices – Research and Markets
DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Optical Position Sensor Market by Type and Application - Global Forecast, 2014-2022" report to their offering. The report was valued at $1,376 million in 2015, and is expected to reach $2,589 million by 2022, growing at a CAGR of 9.3% from 2016 to 2022. The multiaxial segment held over 40% of the total market share in 2015. Optical position sensors are widely used in consumer electronics such as televisions, smart