Global Light Sensor Market by Function (Ambient Light Sensing, Proximity Detection, RGB Color Sensing, Gesture Recognition, UV/Infrared Light (IR) Detection), By Output (Analog, Digital), By Integration (Discrete, Combination), By Application (Consumer Electronics, Automotive, Industrial, Home Automation, Healthcare, Entertainment, Security) By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa); Trend Analysis, Competitive Market Share & Forecast, 2016-26
Published:
April 2020
Report Code:
bwc20021
Available Format:
PDF PDF Icon
Pages:
163

light sensor market bwc20021

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Global Light Sensor Market size- Industry Trends & Forecast Report 2026

Global Light Sensor Market Forecast and Trends

The global Light Sensor Market witness market size of USD 1.30 Billion in 2019 and projected to reach USD 2.26 Billion by 2026 with a significant CAGR of 7.86% during the forecast period 2020-2026. The factors boosting the light sensors market include the growing employment of light sensor functions in consumer electronics such as tablets and smartphones. Advancements in the automotive sector, outdoor lighting, and smart homes are estimated to drive the growth of the light sensors market.

Growing usage of IoT sensor in the automotive industry, rising demand for smart TV in the consumer electronics sector and booming industrial IoT sensor are key factors which drive the growth of the light sensors market. Moreover, light sensors are being adopted by several end-user industries such as healthcare, energy & power, and agriculture. The increasing population with growing commercialization is driving the adoption of smart electronic devices, and this is expected to encourage the global light sensor market.

Global Light Sensor Market: Overview

Light sensors are the electronic devices used to detect light. These sensors are present in many forms. Light sensors detect light and convert it into electrical signals for use in various applications. Light sensors are used in energy conservation solutions as well as power and energy saving. There are various kinds of light sensors, such as photoresistors, photodiodes, and phototransistors.

Growth Drivers

Increasing demand for light sensors from various verticals

Growing demand for light sensors from several verticals such as automotive building automation, consumer electronics, industrial manufacturing, etc. supported by its rising number of applications across the verticals is anticipated to drive the demand for light sensors. There is an increasing market for light sensors in automotive, consumer electronics, and industrial machinery. The growing implementation for ambient light sensors and proximity sensors in mobile devices has driven the growth of the light sensors market.

Rising demand for smart consumer electronics

Light sensors are witnessing growth in the demand owing to the increasing demand for consumer electronics as well as smart electronics and wearable applications. Manufacturers of smart home appliances can utilize various types of light sensors to decrease the power consumption of the smart home devices. Demand for smart home appliances is expected to increase in the near future, as consumers are recognizing the importance and benefits of installing energy-efficient products in homes. Several automotive manufacturers are incorporating light sensors in their vehicles for driver assistance and safety to increase the safety level of passengers and reduce the number of road accidents. This is projected to propel the global light sensor market during the forecast period.

Restraint

Low capabilities of covering long-distance

Low capabilities of covering long-distance is a major factor restraining the growth of the market. These light sensors cannot perform well apart from the specific range of 3 lx (lux) to more than 30,000 lx (lux), which is estimated to hamper the growth of the market.

 Global Light Sensor Market: Function

On the basis of its function, the market is segregated into Ambient Light Sensing, Proximity Detection, Rgb Color Sensing, Gesture Recognition, UV/Infrared Light (IR) Detection. The ambient light sensors segment is anticipated to register a considerable market share. This growth can be attributed to its applications in automotive and architecture industries owing to the increasing number of building smart cities and adding lavishness to the cars.

Global Light Sensor Market: Output

Based on output, the market is bifurcated into Analog and Digital. The digital category is anticipated to register faster growth over the forecast period. Digital light sensors provide energy efficiency, higher reliability, and performance. Due to these benefits, their demand is estimated to increase in the near future.

Global Light Sensor Market: Integration

Based on integration the market is classified into Discrete, Combination. The combination category is expected to hold the largest market share owing to the increasing popularity of combination light sensors in the low- and mid-range smartphone market.

Global Light Sensor Market: Application

Application segment is segmented into Consumer Electronics, Automotive, Industrial, Home Automation, Healthcare, Entertainment, Security. Consumer electronics is projected to account for a large share of the light sensors market. The implementation of light sensor functions in tablets and mobile devices is driving the light sensors market for the consumer electronics sector. The rising demand from OEMs to implement light sensor functions such as proximity detection, ambient light sensing, RGB color sensing, and gesture recognition in tablets and mobile devices has supported the growth of this market.


Global Light Sensor Market: Regional Insights

Based on regional analysis, the global light sensor market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region. The Asia Pacific is anticipated to be the fastest-growing market for Light Sensor. This can be accredited to the growing demand for consumer electronic products in the region, mainly in India, China, and South Korea. Due to increasing disposable income and rising internet penetration, the demand for consumer electronics is growing in the region, thus driving the adoption of lights sensors.


Competitive Landscape

Light Sensor market is fragmented owing to the presence of several large-sized companies, mid-sized & small-sized companies, and many start-ups that provide Light Sensor industry. However, the companies that hold the major share of Light Sensor market are  AMS AG, Avago Technologies Inc., Sharp Corporation, Stmicroelectronics NV., Vishay Intertechnology, Inc., Apple, Inc., Elan Microelectronic Corp., Everlight Electronics Co., Ltd., Heptagon, Maxim Integrated Products, Inc., Samsung Electronics Co., Ltd., Sitronix Technology Corporation, ROHM Co., Ltd., Analog Devices, Inc., Molex, Integrated Device Technology, Monnit Corporation, Kingbright, Silicon Laboratories, Innovacom, and other prominent players.

Recent Development

Ø  In July 2019, Maxim introduced Healthcare Sensors that allow ultra-small size, lowest power and clinical-grade accuracy for next-generation wearables. MAX30208 clinical-grade digital temperature sensor supports new wearable health and fitness use cases at half the power: MAXM86161 in-ear heart-rate monitor offers best-in-class SNR at the lowest power and 40% less space for constant heart-rate and Sp02 measurements.

Ø  In September 2019, ams AG launched the world's smallest digital proximity sensor module. The ultra-small package of the TMD2635 uses just 1mm3 of volume and assists audio manufacturers of True Wireless Stereo (TWS) earbud products to improve smaller, lighter industrial design carbuds. The IR proximity sensor facilitates wireless earbud in-and-out of ear detection to help increase battery life between chargings and can be utilized in tandem with another TMD2635 to support elementary touchless gesture control without the need for buttons. 

Scope of the Report

Attribute

Details

Years Considered

Historical data – 2016-2019

Base Year – 2019

Forecast – 2020 – 2026

Facts Covered

Revenue in USD Billion

Market Coverage

United States, Canada, Germany, United Kingdom, France, Italy, Spain, Brazil, Mexico, Argentina, Japan, China, India, Japan, South Korea, Saudi Arabia, UAE, South Africa

Product/Service Segmentation

By Function, By Output, By Integration, By Application, By Region

Key Players

AMS AG, Avago Technologies Inc., Sharp Corporation, Stmicroelectronics NV., Vishay Intertechnology, Inc., Apple, Inc., Elan Microelectronic Corp., Everlight Electronics Co., Ltd., Heptagon, Maxim Integrated Products, Inc., Samsung Electronics Co., Ltd., Sitronix Technology Corporation, ROHM Co., Ltd., Analog Devices, Inc., Molex, Integrated Device Technology, Monnit Corporation, Kingbright, Silicon Laboratories, Innovacom, and other prominent players.

By Function

Ø  Ambient Light Sensing

Ø  Proximity Detection

Ø  Rgb Color Sensing

Ø  Gesture Recognition

Ø  UV/Infrared Light (IR) Detection

By Output

Ø  Analog

Ø  Digital

By Integration

Ø  Discrete

Ø  Combination

By Application

Ø  Consumer Electronics

Ø  Automotive

Ø  Industrial

Ø  Home Automation

Ø  Healthcare

Ø  Entertainment

Ø  Security

By Region:  

Ø  North America

Ø  Europe

Ø  Asia Pacific

Ø  Latin America

Ø  Middle East & Africa

The objective of the Study:

Ø  To analyze and forecast the global Light Sensor Market size of the market in terms of value.

Ø  To examine the careful market segmentation and forecast the market size, in terms of value, based on the region by segmenting.

Ø  The Global Light Sensor Market segmented into five regions, namely, North America, Europe, Asia Pacific, Latin America and Middle East & Africa coupled with their leading countries.

Ø  To outline, categorized, and forecast the global Light Sensor Market based on the Function, Output, Integration, and Application.

Ø  To examine competitive developments like technological advancement, services, and regulative framework within the global Light Sensor Market.

Ø  To highlight the impact analysis of the factors affecting the market dynamics such as drivers, restraints, opportunities, and challenges.

Ø  To strategically profile the key players and comprehensively analyze their market shares along with detailing the competitive landscape for market leaders.

 

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