Light Sensors Market - Forecast(2021 - 2026)
Light detectors refers to the detection of electromagnetic radiation in the spectral range from ultraviolet to infrared. Light sensors are a specific version of a photodiode that detects the current ambient light level. Global demand for light sensors is being driven by its increasing usage owing to growing implementation of light sensors in consumer electronics such as smartphones and tablets, in the automotive sector, smart homes, and outdoor lighting.
The market has been segmented by type, function, output, and end user industry. Based on the type the market is segmented into photo-emissive cells, photo-conductive cells, photo-voltaic cells, photo-junction devices, proximity, light dependent, and others. On the basis of function, the market is classified into single phase light sensing, ambient light sensing, proximity detection, RGB color sensing, gesture recognition, UV/infrared light (IR) detection, and others. By output, the light sensors market is segmented into analog, and digital. For end use applications, the market is classified as consumer electronics, automotive, industrial, healthcare, entertainment, and among others.
Increasing usage of IoT sensor in the automotive sector and booming industrial IoT sensor are major factors which drive the growth of light sensors market. Further, rising demand of smart TV in consumer electronics sector is escalating the demand of light sensors market. However, stringent government regulation and policies for developing smart cities is likely to create a new opportunities for light sensors market.
The overall market is also presented from the perspective of different geographic regions and the key countries in each region. APAC is the dominating market which held a major revenue share in 2017 and is estimated as fastest growing market during the forecast period, owing to higher number of mobile, laptop, and tablet users across the region.
Sample Companies Profiled in this Report are:
- AMS AG
- Broadcom Limited
- Sharp Corporation
- Samsung Electronics Co., Ltd.
- Stmicroelectronics N.V.
- 10+
The methodology for estimating the light sensors market involved demand in the various industries. The segmentations have been cross-mapped extensively to understand various market dynamics. Simultaneously, the companies involved at integration and distribution level were also studied from the perspective of their services, geographical presence, annual turnover and few other parameters to substantiate the estimations. All these estimations were further validated through primary research and industry experts.
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