Global Light Sensor Market by Function (Gesture Recognition, Proximity Detection), by Output (Analog, Digital) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Summary of the Report

In 2019, the global light sensor market was worth USD 2.85 billion. It is projected to grow at a compound annual rate (CAGR of 10.9%) between 2020 and 2027. The increasing popularity of consumer electronics and miniaturization of sensors are major factors driving light sensor demand. The market will also benefit from advancements in smart houses, outdoor lighting and the automotive industry. The recent advancements in sensor technology have been driven by advanced manufacturing technologies, low-cost electronic circuits and innovative signal processing techniques. These innovations have led to promising technical solutions that improve the reliability, quality and economic efficiency of technical products.

Light detectors are preferred in many sectors such as healthcare and aerospace as well as consumer electronics. These factors will likely boost market growth over the forecast period.

Light sensors are a common component of emerging tech innovations and smart-city applications. They are often supported by Machine Learning and Artificial Intelligence (AI). Due to industrial automation, an increase in IoT devices and connectivity, as well as advancements in telecommunications, the market will see growth opportunities across all industry verticals. Photonics applications are already having an impact on smart city infrastructure, including smart lighting and sensing. Other emerging technologies like nanoscale photonics are also in high demand, which is driving up the demand for light sensors.

Smart electronics have seen an increase in demand worldwide for LED TVs, smartphones and smart lighting systems. These devices have a variety of communication interfaces and sensor technologies at their core. Connected devices and 5G communication technology will likely drive the widespread use of sensors across industries. Optic sensors are also used extensively in wearable electronics equipment, both on the domestic and commercial fronts.

Sensor systems are used in many applications due to their increased security, comfort, and automation. The market has seen increased competition due to continuous improvements in quality and reliability in lighting detection products. The market faces challenges due to the increasing cost of sensor design and manufacturing. The COVID-19 pandemic, which has caused market uncertainty in the short-term, has also hampered the global economy. Innovative solutions and approaches are needed to overcome these challenges, taking into account the future demand in light sensing applications across various industries.

Function Insights

Nearby detection dominated the market in 2019, accounting for approximately 30.0% of global revenue. This segment's growth can be attributed to its widespread use in automotive and industrial manufacturing. Infrared light variations can be used to detect motion and proximity to objects by proximity detectors. They are often used in vehicles to alert drivers when they are in close proximity to other objects. They are also used extensively in outdoor lights to detect movement for security purposes.

Due to increasing demand for electronic goods, the ambient light sensing market is expected to expand at a significant rate. To meet various design requirements, light sensors are an integral part of consumer electronics. Ambient light sensing technology has been growing in popularity due to its increasing adoption in smart electronics. This is important because light detectors adjust the brightness of LED and LCD screens according to the ambient light. They are also energy-efficient and provide the right amount of brightness for users.

End-use Insights

The largest revenue share, at over 35.0%, was held by the consumer electronics sector in 2019. This is due to increasing demand for and utility of electronic products. The demand for light sensing devices is increasing, especially in smartphones, LED televisions and laptops. These sensors are capable of automatically regulating screen brightness according to ambient light, thereby allowing for power savings. Modern IoT lighting platforms also focus on controlling lighting using various digital sensing elements, including illuminance detectors.

Healthcare is rapidly evolving, which in turn drives the development of light sensors-equipped instruments. The medical industry uses light sensors to detect pathogens and monitor oxygen levels (pulseoximeters) as well as for blood diagnostics. There has been a growing demand for integrated optoelectronic sensor in the medical equipment sector. These developments will likely boost the market growth in the healthcare sector over the forecast period.

Output Insights

The digital segment was the dominant market, with a share exceeding 55.0% in 2019. The intensity of ambient lighting can affect the parameters for temperature control systems, heating ventilation, air conditioning, and lighting controls. In such situations, digital light detectors are becoming increasingly important. The digital light sensor market is expected to grow significantly in the future due to the increased use of screen-based devices such as cell phones, laptops, and television sets.

A variety of optical sensors can now be purchased in small packages and at affordable prices thanks to technological advances. Digital solutions have greatly increased the utility and ranges of ambient light detectors. An analog-to-digital sensor can also offer IR blocking filters and interrupt function. It also has an I2C interface that is intended for ambient light sensing and backlighting control. Digital light sensors will continue to grow in popularity as power conservation becomes an integral feature of many devices.

Regional Insights

Asia Pacific was the dominant market, with a share exceeding 30.0% in 2019, thanks to its increasing population and demand for smartphones and other consumer electronics. The market is expected to grow due to the increasing number of devices that have integrated light sensors. Automobile manufacturers have been adding more detectors to their mid-segment vehicles due to stringent safety regulations in developing countries like India and ASEAN. These factors will drive APAC's demand for light sensors over the forecast period.

North America will see significant growth in the coming years due to the adoption of light detection technologies. There are many vendors in the region, including Maxim Integrated Products Inc., Broadcom Inc., and Analog Devices Inc., all of which are active in developing and innovating sensors. The U.S. is still the world leader in sensor design, R&D and manufacturing. However, most of the manufacturing takes place in Asia Pacific. This trend is expected to continue for the next ten years. The U.S. sector has had to adapt new strategies in order to keep up with the rest of the world due to global geopolitical instability.

Market Share Insights & Key Companies

There are many stakeholders in the market, and this fragmentation is causing the market to be highly fragmented. A key trend in the market is the consolidation of distributors, system integrators and sensor manufacturers. This will likely drive the market's growth. Over the past few decades, significant consolidations have led to the creation of industrial conglomerates as well as holdings through mergers and acquisitions. New strategies are being implemented to reach critical mass through new marketing and technical synergies across different business models. To meet growing demand, many companies and startups in smart light will likely increase their competition among sensor makers.

AMS AG has launched a proximity detector module and integrated ambient light sensor in July 2020. This will allow mobile handset Original Equipment Manufacturers to create devices that have almost no bezels. The module (TMD2755) has a volume of 60% and a surface area of 40% that is half the size of other devices on the market. TMD2755 also allows proximity and light-sensing functions to be contained in a smaller bezel. This supports mobile phone manufacturers' efforts to increase the display area. This is a major factor in driving consumer interest in mid-range mobile phones. The following are some of the major players in the global light sensor industry:

• AMS AG

• Analog Devices, Inc.

• Broadcom Inc.

• Elan Microelectronic Corp.

• Everlight Electronics Co. Ltd.

• Maxim Integrated Products Inc.

• ROHM Co. Ltd.

• Samsung Electronics Co. Ltd.

• Sharp Corporation

• Sitronix Technology Corporation

• STMicroelectronics NV

• Vishay Intertechnology Inc.

Up Market Research published a new report titled “Light Sensor Market research report which is segmented by Function (Gesture Recognition, Proximity Detection), by Output (Analog, Digital), By Players/Companies Vishay Intertechnology Inc, ROHM Co Ltd, Elan Microelectronic Corp, Broadcom Inc, Analog Devices Inc, Samsung Electronics Co Ltd, Maxim Integrated Products Inc, STMicroelectronics NV, AMS AG, Sitronix Technology Corporation, Sharp Corporation, Everlight Electronics Co Ltd”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Light Sensor Market Report Segments:

The market is segmented by Function (Gesture Recognition, Proximity Detection), by Output (Analog, Digital).

Light Sensor Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Light Sensor Market

Overview of the regional outlook of the Light Sensor Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Light Sensor Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Light Sensor Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. Gesture Recognition

                2. Proximity Detection

                1. Analog

                2. Digital

8. Market scenario by region, sub-region, and country.
9. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
10. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
11. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Light Sensor Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

How you may use our products:

• Correctly Positioning New Products
• Market Entry Strategies
• Business Expansion Strategies
• Consumer Insights
• Understanding Competition Scenario
• Product & Brand Management
• Channel & Customer Management
• Identifying Appropriate Advertising Appeals

Reasons to Purchase the Light Sensor Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.