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The growth of the market is driven by factors such as the rising demand for 3D-enabled devices in consumer electronics, integration of the optical and electronic components, the use of sensing technology in gaming applications, and the growing requirement for security & surveillance systems.

Laser Technologies, Components & Applications Market - Global Forecast & Analysis (2012 - 2017) By Types (Fiber Laser, CO2 Laser, Solid State Laser, Excimer Laser, Dye Laser, Diode Laser) & By Applications (Cutting & Welding, Marking & Engraving, Semiconductor & Micro Processing, Automotive Industry, Communication, Excimer Lithography, Data Storage, Medical, Defense, Instrumentation & Sensors, Pumps & Image Recording) Laser Analysis "Laser" stands for light amplification by stimulated emission of radiation.

The global rise of unmanned aircraft (UAV) with air in recent years has led to hop in the development and spending on sensors, radars, cameras, signals intelligence (SIGINT), detection, communication and capacity included in payloads of their attack.

The report titled "Global Advanced Driver Assistance Systems (ADAS) Market: Trends and Opportunities (2013-2018)" provides an in-depth analysis of global advanced driver assistance system market with focus on major ADAS segments like Sensor level, System level and Semiconductor level.