Global Light Sensor Market Size, Trends & Growth Opportunity, By Function (IR Detection, Gesture Recognition, RGB Color Sensing, Proximity Detection, and Ambient Light Sensing), By Output, By End Use (Automotive, Healthcare, Industrial, Consumer Electronics, and Others), By Region and Forecast till 2027
Light sensors are defined as small and inexpensive sensors that have varied applications across industry verticals including consumer electronics, healthcare, energy and power, and entertainment among others. The increase in consumption of consumer electronics and the trend towards renewable energy are major factors driving the demand for these sensors over the forecast period.
The growing use of consumer electronics and the increase in demand for renewable energy are the major driving factors which are expected to boost the global light sensor market growth during this forecast period. Furthermore, ongoing advancements in sensor technologies have been propelled by high-speed & low cost electronic circuits, and innovative signal processing methods will positively influence the global light sensor market growth. Recent developments in the field have provided promising technical solutions, thereby increasing quality, reliability, and economic efficiency of technical products will support the market growth. Light sensors are commonly used components in emerging tech innovative & smart city applications, often supported by artificial intelligence, and machine learning technologies.
Market Restraint
Low light sensing capabilities act as a major restraint which expected to hamper the global light sensor market growth during this forecast timeline. Also, low-cost sensors are increasing the threat to scale down the quality may limit the market growth.
The Global Light Sensor Market is segmented into function such as IR Detection, Gesture Recognition, RGB Color Sensing, Proximity Detection, and Ambient Light Sensing, by output such as Analog, and Digital. Further, market is segmented into end use such as Automotive, Healthcare, Industrial, Consumer Electronics, and Others.
Also, the Global Light Sensor Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Various key players are discussed in this report such as AMS AG, Vishay Intertechnology Inc., STMicroelectronics NV, Sitronix Technology Corporation, Sharp Corporation, Samsung Electronics Co. Ltd., ROHM Co. Ltd., Maxim Integrated Products Inc., Everlight Electronics Co. Ltd., etc.
Global Light Sensor Market
Light sensors are defined as small and inexpensive sensors that have varied applications across industry verticals including consumer electronics, healthcare, energy and power, and entertainment among others. The increase in consumption of consumer electronics and the trend towards renewable energy are major factors driving the demand for these sensors over the forecast period.
Market Drivers
The growing use of consumer electronics and the increase in demand for renewable energy are the major driving factors which are expected to boost the global light sensor market growth during this forecast period. Furthermore, ongoing advancements in sensor technologies have been propelled by high-speed & low cost electronic circuits, and innovative signal processing methods will positively influence the global light sensor market growth. Recent developments in the field have provided promising technical solutions, thereby increasing quality, reliability, and economic efficiency of technical products will support the market growth. Light sensors are commonly used components in emerging tech innovative & smart city applications, often supported by artificial intelligence, and machine learning technologies.
Market Restraint
Low light sensing capabilities act as a major restraint which expected to hamper the global light sensor market growth during this forecast timeline. Also, low-cost sensors are increasing the threat to scale down the quality may limit the market growth.
Market Segmentation
The Global Light Sensor Market is segmented into function such as IR Detection, Gesture Recognition, RGB Color Sensing, Proximity Detection, and Ambient Light Sensing, by output such as Analog, and Digital. Further, market is segmented into end use such as Automotive, Healthcare, Industrial, Consumer Electronics, and Others.
Also, the Global Light Sensor Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are discussed in this report such as AMS AG, Vishay Intertechnology Inc., STMicroelectronics NV, Sitronix Technology Corporation, Sharp Corporation, Samsung Electronics Co. Ltd., ROHM Co. Ltd., Maxim Integrated Products Inc., Everlight Electronics Co. Ltd., etc.
Market Taxonomy
By Function
- IR Detection
- Gesture Recognition
- RGB Color Sensing
- Proximity Detection
- Ambient Light Sensing
By Output
- Analog
- Digital
By End Use
- Automotive
- Healthcare
- Industrial
- Consumer Electronics
- Others
By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
Key Questions Addressed by the Report
- What are the Key Opportunities in Global Light Sensor Market?
- What will be the growth rate from 2019 to 2027?
- Which segment/region will have highest growth?
- What are the factors that will impact/drive the Market?
- What is the competitive Landscape in the Industry?
- What is the role of key players in the value chain?
- What are the strategies adopted by key players?
Frequently Asked Questions about the Global Light Sensor Market
What is the estimated value of the Global Light Sensor Market?
What is the growth rate of the Global Light Sensor Market?
What is the forecasted size of the Global Light Sensor Market?
Who are the key companies in the Global Light Sensor Market?
Report Attribute | Details |
---|---|
No. of Pages | 197 |
Published | April 2022 |
Forecast Period | 2020 - 2027 |
Estimated Market Value ( USD
| USD 2.09 Billion |
Forecasted Market Value ( USD
| USD 4.18 Billion |
Compound Annual Growth Rate | 9.5% |
Regions Covered | Global |
No. of Companies Mentioned | 10 |
Table of Contents
1 Introduction
2 Research Methodology
4 Global Light Sensor Market Outlook
5 Global Light Sensor Market, By Function
6 Global Light Sensor Market, By Output
7 Global Light Sensor Market, By End Use
8 Global Light Sensor Market, By Region
9 North America Light Sensor Market Analysis and Forecast (2020-2027)
10 EuropeLight Sensor Market Analysis and Forecast (2020-2027)
11 Asia Pacific Light Sensor Market Analysis and Forecast (2020-2027)
12 Latin America Light Sensor Market Analysis and Forecast (2020-2027)
13 Middle East Light Sensor Market Analysis and Forecast (2020-2027)
14 Competitive Analysis
15 Company Profiles
Companies Mentioned
- AeonSim
- 3D Perception
- CKAS Mechatronics Pty Ltd.
- Eleetus
- D-BOX TECHNOLOGIES INC.
- Hammacher Schlemmer & Company Inc.
- CXC Simulations
- Play seat B.V.
- RSEAT Ltd.
- Vesaro