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Light Sensors Market by Function, Output, Integration, Application, and Region - Global Forecast to 2022

Light Sensors Market: Global Forecast until 2022

  • February 2016
  • 158 pages
  • ID: 3665907
In this report:
The light sensor market in China and India is expected to grow at a high CAGR of ##.##% and ##.##%, respectively, between 2016 and 2022.
The discrete segment accounted for the largest share of ##.##% of the light sensors market in 2015; however, the light sensors market for the combination segment is expected to grow at a high CAGR of ##.##% between 2016 and 2020.


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"The need for inbuilt light sensors in the automotive industry for driver assistance and safety would drive the increase of the light sensors market"

The overall light sensors market is forecasted to grow at a compound annual growth rate (CAGR) of 9.30 percent between 2016 and 2022 and is forecasted to reach ~$2.1B by 2022. The driving factors for the light sensors market are the increasing implementation of light sensors for performing the functions in consumer electronic products including smartphones and tablets. Also, advancements in the automotive market, smart homes, and outdoor lighting are anticipated to boost the rise of the light sensors market.

"Automotive applications to benefit maximum traction during the outlook period"

The automotive and consumer electronics application areas offer a huge increase potential for light sensors. These two applications collectively accounted for a market share of ~50% in 2015. The increasing demand from Original equipment manufacturers to implement light sensors for certain functions to perform including ambient light sensing, proximity detection, RGB color sensing, and gesture recognition in mobile devices and tablets has supported the increase of the consumer electronics industry of the light sensors market. The rise of the automotive market is attributed by the increasing concern for driver assistance and safety. The light sensor functions including gesture recognition, ambient light sensing, and proximity detection are forecast to steer advances in the automotive infotainment segment. These sensors are helping the driver from getting distracted while driving on the road.

"APAC forecasted to grow at a top compound annual growth rate (CAGR) by 2022"

Asia-Pac is forecasted to hold the biggest market share by 2022 and is anticipated to grow at an important compound annual growth rate (CAGR) between 2016 and 2022. The main factor driving the increase of the light sensors market in Asia-Pac is the big number of mobile, laptop, and tablet users.

Different primary interviews have been managed with market experts across four main geographies, that is, North America continent, Europe (EU), Asia Pacific (APAC), and Rest of the globe (Middle East (ME), African continent, and Latin America area). The primary participants considered for the market research are C-suite executives, D-level, and other executives from Tier 1, Tier 2, and Tier 3 firms. Break-up of profiles of primary members taking part are provided below:

- By Company Type: Tier 1 - 40.0 percent, Tier 2 - 35.0 percent, and 1/3 3 - 25.0 percent

- By Designation: C-Level - 40.0 percent, Director Level - 30.0 percent, and Manager Level - 30.0 percent

- By area: North america (NA) - 40.0 percent, Europe - 25.0 percent, APAC - 30.0 percent, and rest of the world - 5.0 percent

The firms engaged in the development of the light sensors market include ams AG, Avago Technologies Inc., Elan Microelectronics Corp., Everlight Electronics Co., Heptagon, Maxim Integrated Products Inc., ROHM Co., Limited, Sharp Corporation, Sitronix Technology Corp., STMicroelectronics NV, Samsung Electronics Co., Limited, and Vishay Intertechnology, Incorporated. Furthermore, the companies including Apple, Incorporated, and Samsung Electronics Co., Limited are considered as prominent purchasers of light sensors for their consumer electronics market.

Why Purchasing This Study Can Help You:

- This business report includes the industry statistics pertaining to function, output, integration, application, and area, together with their size of market.

- The porter's five forces scheme has been provided along with the value chain study to offer a detailed insight into the light sensors market.

- Main drivers, market restraints, and alternatives for the light sensors market have been precised in this industry report.

- Figures of segmentation, study, and estimate for the industries established on function, output, integration, application, and area have been provided to give an global view of the light sensors market.

- The in-depth competitive landscape includes top players, complete study, and revenue of main actors.

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