- March 24, 2021
- Category: Electronics, Electronics Systems and Components
Global Light Sensor Market Size study, by Function (Ambient Light Sensing, Proximity Detection, RGB Colour Sensing, and IR Detection), Output (Analog and Digital), End Use (Automotive, Consumer Electronics, Industrial, Healthcare, and Others), and Regional Forecasts 2021-2027
Chapter 1. Executive Summary 1.1. Market Snapshot 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion) 1.2.1. Light Sensor Market, by Region, 2019-2027 (USD Billion) 1.2.2. Light Sensor Market, by Function, 2019-2027 (USD Billion) 1.2.3. Light Sensor Market, by Output, 2019-2027 (USD Billion) 1.2.4. Light Sensor Market, by End User, 2019-2027 (USD Billion) 1.3. Key Trends 1.4. Estimation Methodology 1.5. Research Assumption Chapter 2. Global Light Sensor Market Definition and Scope 2.1. Objective of the Study 2.2. Market Definition & Scope 2.2.1. Scope of the Study 2.2.2. Industry Evolution 2.3. Years Considered for the Study 2.4. Currency Conversion Rates Chapter 3. Global Light Sensor Market Dynamics 3.1. Light Sensor Market Impact Analysis (2019-2027) 3.1.1. Market Drivers 220.127.116.11. Demand for light sensors are the increasing use of consumer electronics, miniaturization of sensors, and the growing demand for implementing renewable energy. 3.1.2. Market Challenges 18.104.22.168. Rising cost of innovation in sensor design and manufacturing 3.1.3. Market Opportunities 22.214.171.124. Advancements in smart homes, outdoor lighting, and the automotive sector Chapter 4. Global Light Sensor Market Industry Analysis 4.1. Porter’s 5 Force Model 4.1.1. Bargaining Power of Suppliers 4.1.2. Bargaining Power of Buyers 4.1.3. Threat of New Entrants 4.1.4. Threat of Substitutes 4.1.5. Competitive Rivalry 4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027) 4.2. PEST Analysis 4.2.1. Political 4.2.2. Economical 4.2.3. Social 4.2.4. Technological 4.3. Investment Adoption Model 4.4. Analyst Recommendation & Conclusion Chapter 5. Global Light Sensor Market, by Function 5.1. Market Snapshot 5.2. Global Light Sensor Market by Product Type, Performance - Potential Analysis 5.3. Global Light Sensor Market Estimates & Forecasts by Product Type 2018-2027 (USD Billion) 5.4. Light Sensor Market, Sub Segment Analysis 5.4.1. Ambient Light Sensing 5.4.2. Proximity Detection 5.4.3. RGB Colour Sensing 5.4.4. IR Detection Chapter 6. Global Light Sensor Market, by Output 6.1. Market Snapshot 6.2. Global Light Sensor Market by Industry Verticals, Performance - Potential Analysis 6.3. Global Light Sensor Market Estimates & Forecasts by Industry Verticals 2018-2027 (USD Billion) 6.4. Light Sensor Market, Sub Segment Analysis 6.4.1. Analog 6.4.2. Digital Chapter 7. Global Light Sensor Market, by End Use 7.1. Market Snapshot 7.2. Global Light Sensor Market by Industry Verticals, Performance - Potential Analysis 7.3. Global Light Sensor Market Estimates & Forecasts by Industry Verticals 2018-2027 (USD Billion) 7.4. Light Sensor Market, Sub Segment Analysis 7.4.1. Automotive 7.4.2. Consumer Electronics 7.4.3. Industrial 7.4.4. Healthcare 7.4.5. Others Chapter 8. Global Light Sensor Market, Regional Analysis 8.1. Light Sensor Market, Regional Market Snapshot 8.2. North America Light Sensor Market 8.2.1. U.S. Light Sensor Market 126.96.36.199. Function breakdown estimates & forecasts, 2018-2027 188.8.131.52. Output breakdown estimates & forecasts, 2018-2027 184.108.40.206. End Use breakdown estimates & forecasts, 2018-2027 8.2.2. Canada Light Sensor Market 8.3. Europe Light Sensor Market Snapshot 8.3.1. U.K. Light Sensor Market 8.3.2. Germany Light Sensor Market 8.3.3. France Light Sensor Market 8.3.4. Spain Light Sensor Market 8.3.5. Italy Light Sensor Market 8.3.6. Rest of Europe Light Sensor Market 8.4. Asia-Pacific Light Sensor Market Snapshot 8.4.1. China Light Sensor Market 8.4.2. India Light Sensor Market 8.4.3. Japan Light Sensor Market 8.4.4. Australia Light Sensor Market 8.4.5. South Korea Light Sensor Market 8.4.6. Rest of Asia Pacific Light Sensor Market 8.5. Latin America Light Sensor Market Snapshot 8.5.1. Brazil Light Sensor Market 8.5.2. Mexico Light Sensor Market 8.6. Rest of The World Light Sensor Market Chapter 9. Competitive Intelligence 9.1. Top Market Strategies 9.2. Company Profiles 9.2.1. STMicroelectronics NV 220.127.116.11. Key Information 18.104.22.168. Overview 22.214.171.124. Financial (Subject to Data Availability) 126.96.36.199. Product Summary 188.8.131.52. Recent Developments 9.2.2. Cognizant 9.2.3. Sitronix Technology Corporation 9.2.4. AMS AG 9.2.5. Samsung Electronics Co. Ltd. 9.2.6. Maxim Integrated Products Inc. 9.2.7. Broadcom Inc. 9.2.8. Elan Microelectronic Corp. 9.2.9. Analog Devices, Inc. Chapter 10. Research Process 10.1. Research Process 10.1.1. Data Mining 10.1.2. Analysis 10.1.3. Market Estimation 10.1.4. Validation 10.1.5. Publishing 10.2. Research Attributes 10.3. Research Assumption
Global Light Sensor Market is valued approximately USD 3.16 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 10.8% over the forecast period 2021-2027. Light sensor is an electrical device used to measure and convert physical measurements into analog signal. Laser sensor works on the basis of the theory of triangulation principle. The increasing use of laser sensors in manufacturing and automation sector, low cost and high speed electronic circuits, innovative signal processing methods and advanced technological manufacturing are some of the factors driving the light sensor market across the world. With the growth in use of electronics, sensor technologies, smart homes, etc. makes light detector a preferred technology as it detects the presence of multiplexing, electromagnetic interference and superior sensitivity in the devices. According to Emerson, the global factory automation market is expected to rise from 3% in 2019 to 3.5 percent by 2021, indicating that market demand is expected to remain stable. Furthermore, future trends in the maritime and offshore industries are expected to include the use of laser sensor technology advancement. LADAR (Laser Detection and Ranging) is primarily a laser-based navigational aid that combines long-distance object detection with high-accuracy measurement to provide users with a complete 2D/3D/4D (3 D plus time) perspective for optimum maritime information. However, restrictions on operating temperature, lack of technological advancement and high sensitivity is hampering the growth of the market over the forecast period of 2021-2027. Also, change in market regulation, new product launches and value chain optimization sensor is likely to boost the market growth during the forecast period.
Globally, Asia Pacific holds the highest market share across the world, as the population is growing the demand for electronic goods is also increasing and the growth of automobile manufacturers in the region is highly influencing the market of laser sensor in the region. Whereas, North America is also anticipated to exhibit highest growth rate over the forecast period 2021-2027. Factors such as large number of market players in the region and actively developing and innovating sensor designs will create new opportunities for the light sensor market to grow across North American region.
Major market player included in this report are:
Sitronix Technology Corporation
Samsung Electronics Co. Ltd.
Maxim Integrated Products Inc.
Elan Microelectronics Corp.
Analog Devices, Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Ambient Light Sensing
RGB Colour Sensing
By End Use:
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027
Target Audience of the Global Light Sensor Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers