Global Light Sensors Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
“Global Light sensors Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global light sensors market report has been segmented on the basis of function type, integration, output, application, and region.
Global Light Sensors Market: Overview
Light sensors operate on the basis of detection of intensity of light. It holds current, increases resistance, or collect current based on levels of light energy. It also creates electrical output proportional to the light illumination strength of certain light source. Light sensor are also used to detect light that is not visible to human eyes such as infrared, ultraviolet, and x-ray. Most commonly used light sensor includes photo resistors and photodiodes. Light sensors also include photo tube, photovoltaic cell, photo transistor, photomultiplier tube, etc. Light sensors are simple and reliable and has wide applications in motion sensor, robotics, automation, and various other technologies.
Global Light Sensors Market: Dynamics
Increasing adoption of miniaturized light sensors for compact devices in consumer electronics, especially in smartphones, laptops, tablets, and wearables is a key factor driving growth of the global light sensors market. Increasing use of ambient light sensor in automotive sector is another factor expected to support growth of the global market over the forecast period. Increasing demand for intelligent lighting systems in smart homes among consumers is also anticipated to fuel growth of the target market.
However, operation of light sensors can be affected owing to fluctuation in light source is a factor that could hamper demand for target product and restrain growth of the global light sensors market during the forecast period. Nevertheless, growing integration of light sensor for automation applications can create high revenue opportunities for players in the target market.
Global Light Sensors Market: Segment Analysis
On the basis of function, the ambient light sensing segment is expected to account for high growth rate in terms of revenue in the near future. growing adoption of ambient light sensing sensors that automatically adjusts the backlight of the device or lighting systems is a factor supporting growth of the target segment in the global market.
As per the application, the consumer electronics segment accounts for major share in terms of revenue, owing to increasing demand for light sensor based smart devices among end users. Automotive segment is anticipated to register a lucrative growth rate in terms of revenue over the forecast period. Use of light sensor in driver assistance system is a key factor driving growth of the segment in the global market.
Global Light Sensors Market: Regional Analysis
Market in Asia Pacific is expected to account for significant share in terms of revenue over the forecast period, owing to growing consumer electronics sector in this region. In addition, presence of major automotive manufacturing facilities in countries such as China and India is another factor anticipated to boost growth of the target market in the Asia Pacific. Market in North America is expected to account for second-highest share in terms of revenue in the near future, followed by Europe.
Global Light Sensors Market Segmentation:
Segmentation by Function Type:
- Proximity Detection
- Gesture Recognition
- Ambient Light Sensing
- UV or IR Detection
- RGB Color Sensing
Segmentation by Integration:
Segmentation by Output:
Segmentation by Application:
- Home Automation
- Consumer Electronics
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Northrop Grumman Corporation
- Textron Inc.
- Elbit Systems Ltd.
- L-3 Communications Corporation
- Thales S.A.
- Lockheed Martin Corporation
- Raytheon Company
- Leonardo S.p.a.
- Applied Research Associates, Inc. (ARA)
- Harris Corporation
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