Light sensors detect light and convert that into electric signal for use in various applications. These sensors are used in ambient light sensors, proximity sensors, RGB and XYZ color sensors and gesture sensors and they can also detect light that is not visible to human eye such as infrared and x-rays. Consumer electronics is one of the largest application area of these sensors and increasing demand of smartphones and tablets is anticipated to drive the growth of light sensor market during the forecast period of 2019 to 2028.
MARKET DYNAMICS
The light sensor market is anticipated to grow in the forecast period owing to the growing demand of these sensors in consumer electronics and automotive industries. However, concerns related to low light sensing and false triggering of sensors could affect the growth of light sensor market during the forecast period of 2019 to 2028. On the other hand, the increasing trend of smart homes, smart cities and industry automation expected to offer significant growth opportunities for the global light sensor market in the coming years.
MARKET SCOPE
The "Global Light Sensor Market Analysis to 2028" is a specialized and in-depth study of the electronics and semiconductor industry with a special focus on the global market trend analysis. The report aims to provide an overview of light sensor market with detailed market segmentation by application, integration, output, industry vertical and geography. The global light sensor market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading light sensor market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global light sensor market is segmented on the basis of application, integration, output, industry vertical and geography. By application, the market is segmented into ambient light sensors, proximity sensors, RGB and XYZ color sensors, gesture sensors and others. Based on integration, the market is segmented into discrete and combination. On the basis of output, the market is segmented into digital and analog. On the basis of industry vertical, the market is segmented into consumer electronics, automotive, aerospace & defense, energy & power, healthcare, transportation and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global light sensor market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The light sensor market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting light sensor market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors affecting the light sensor market in these regions.
MARKET PLAYERS
The reports cover key developments in the light sensor market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from light sensor market are anticipated to lucrative growth opportunities in the future with the rising demand for light sensor in the global market. Below mentioned is the list of few companies engaged in the light sensor market.
The report also includes the profiles of key light sensor companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of the last three years, key developments in the past five years.
- ams AG
- Broadcom Inc.
- Everlight Electronics Co., Ltd.
- Maxim Integrated
- OSRAM Opto Semiconductors GmbH
- ROHM CO., LTD.
- Sharp Corporation
- STMicroelectronics
- Texas Instruments Incorporated
- Vishay Intertechnology, Inc.
Innovacom, PreSens Precision Sensing GmbH, Futurlec, Melexis, Renesas Electronics Corporation, Hamamatsu, Silicon Laboratories, Integrated Silicon Solution Inc., Analog Devices, Inc., Integrated Device Technology, Inc., Kingbright, Molex, LLC, Monnit Corporation, New Japan Radio Co.,Ltd. and OSI Optoelectronics are some of the other market players from light sensor market value chain which are not profiled in the report but can be included based on request.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.