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Light Sensors Market by Function (Proximity Detection, Gesture Recognition, Ambient Light Sensing, RGB Color Sensing, UV/IR Detection)
The Light Sensor Market is likely to exceed a valuation of US$ 4.8 billion by the end of 2032. This projection expects the industry to sustain a CAGR of 8.2% through the forecast period 2022 to 2032. Demand for light sensors is expected to reach an absolute $ opportunity of US$ 2.6 billion between 2022 to 2032.
Surging demand for light sensors from various industries such as consumer electronics, automotive, healthcare, and industrial automation will boost the market. Light sensors are used to measure the intensity of light in each environment. Their compact nature makes it ideal for integration into electronic devices to adjust screen brightness, control the backlighting of displays, and improve energy efficiency.
There has also been a growing trend towards energy-efficiency in lighting systems and the increasing use of LED lighting in industrial and automotive sectors. This is expected to provide a sizeable boost to manufacturers of light sensors.
Wide proliferation and the variety of products available in the light sensor market is also likely to provide suppliers with beneficial opportunities. Several types of light sensors are available in the market, including photodiodes, phototransistors, photovoltaic cells, and photoresistors. Each type has its own advantages and disadvantages and is used in different applications depending on the specific requirements.
The light sensors market will experience a significant boost due to the rise in two segments, as per function and application. As per application, consumer electronics ranges from several products like, watches, mobile phones and optical screen devices.
There has been a steep rise is utilization of electronic devices in developing and developed countries, leading to Japan and the USA being the primary provider for global market. This also explains the future expansion of the light sensor market which is shifting toward Southeast Asia.
The light sensor market outlook appears positive, and it is expected to continue to grow in the coming years due to the increasing demand for these sensors in various industries and applications and across various regions globally.
| Attributes | Key Insights |
|---|---|
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Light sensors Market (2022E) |
US$ 2.2 Billion |
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Projected Market Valuation (2032F) |
US$ 4.8 Billion |
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Value-based CAGR (2022 to 2032) |
8.2% |
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USA Value-based CAGR (2022 to 2032) |
7.0 % |
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Persistence Market Research (PMR), in its recent report, reveals its findings on light sensors market, where it discusses the historical trends and analysis as compared to the forecast period between 2022 to 2032.
Historically, the market exhibited around 9.1% CAGR during 2017 to 2021. With an absolute $ opportunity of US$ 2.6 billion during the forecast period, the market is projected to reach a US$ 4.8 billion by 2032.
The market is projected to hit such high growth due to a multitude of factors. The significant application of light sensors in industries for consumer usability as well as for manufacturing processes has led to this increased demand.
Recent trends have revealed a wide share of the increasingly adopting digital screens as work from home became the new norm. This has increased the supply, as well as demand, of light sensors. The entertainment industry will also continue pushing demand segment.
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Asia Pacific presents a lucrative opportunity for the light sensors industry and was estimated to be worth US$ 986 million in 2021. It held a market size of US$ 1.07 billion in 2022. The region is further projected to have a light sensor market worth US$ 2.36 Billion in 2032.
The historical CAGR between 2017 and 2021 was 40%. The forecasted CAGR till 2032 is expected to be 49.3%.
The Asia Pacific region is the predominant manufacturing hub for this market globally. This is primarily due to a significant collection of industries, especially automobiles and consumer electronics companies, setting up their production lines in the region.
Light sensors are being integrated into various consumer electronics such as smartphones as well as automobiles. With the rise in the demand for smartphones as well as automobiles in the region, the market for light sensors is projected to expand during the assessment period.
The Asia Pacific region has a significant smartphone market with around 1.6 billion smartphone users in the region in 2021. It is projected that the number of smartphone users in the region is projected to increase to around 1.8 billion by 2025.
As light sensors are used in smartphones for adjusting the screen brightness, the ambient light helps to save the battery life of the phone. With the increase in the demand for smartphones in the region, the market is projected to expand during the assessment period.
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Why is the Light Sensors Market So Lucrative in the United States?
The light sensors market in the United States of America is expected to reach US$ 701.6 million with an absolute $ growth of US$ 345.6 million till 2032. The light sensors market in the region has grown at a CAGR of 6.0% from 2017 to 2021 and is expected to grow at a CAGR of 7.0% from 2022 to 2032.
The United States has a prominent home automation market with around 29.5 million households employing such technology in 2018. The number of households with home automation in the country is projected to increase to around 64.1 million households by 2025.
As light sensors are widely used in home automation systems to sense the amount of light entering the house, the light adjustments result in energy saving. The also leads to an increase in demand for light sensors and is projected to expand the market in the country during the assessment period.
The United States has a been a dominant player in consumer electronics and healthcare manufacturing. This will also be a significant factor that will lead to growth of the light sensor market in the country.
What will be the Sales Outlook of Light Sensors in the United Kingdom?
The light sensors market in the United Kingdom is expected to grow to be worth US$ 123.9 million with an absolute $ growth of US$ 58.6 million till 2032. The light sensors market in the United Kingdom has grown at a CAGR of 4.6% from 2017 to 2021 and is expected to grow at a CAGR of 6.6% during the forecast years.
The United Kingdom has a prominent smartphone market with around 55 million smartphone users in 2018 in the country. The number of smartphone users is projected to increase to about 64 million by 2025, with a projected smartphone penetration rate of 94%.
Light sensors are widely utilized in smartphones and adjacent systems. With an increase in the number of smartphone users, the demand for light sensors is projected to rise. This will provide ample opportunities in the market for manufacturers during the assessment period.
Why is the China a Dominant Player for Smart Lighting Sensors?
The light sensors market in China is expected to grow to be worth US$ 1.2 billion with an absolute $ growth of US$ 741.5 million till 2032. The market in China has grown at a CAGR of 11.3% from 2017 to 2021 and is expected to grow at a CAGR of 9.7% from 2022 to 2032.
China has a significant IoT market with around 5.5 billion IoT connected devices in the country. It is projected that there will be around 55 billion IoT connected devices in 2025.
Light sensors are used in smart lighting systems to detect ambient light levels and adjust the lighting accordingly. This helps to save energy by reducing the amount of artificial light used when natural light is available.
With the rise in the demand for smart lights in the country, the market for light sensors is projected to expand during the assessment period.
Will Japan Become a Leading Manufacturer for the Global Light Sensors Market?
The light sensors market in Japan can be expected to grow to be worth US$ 757 million with an absolute $ growth of US$ 420.9 million till 2032. The light sensors market in Japan has grown at a CAGR of 9.4% from 2017 to 2021 and is expected to grow at a CAGR of 8.5% from 2022 to 2032.
Japan has a significant smart home market, with a market value of around 6.1 billion in the year 2022. It is projected that the total count of smart homes in the countrywould have around 40 million users by 2027.
The household penetration of smart homes in 2022 was around 23% which is projected to increase to around 70% by 2027.
Smart lights are integrated with smart home systems to control the lighting in the house, depending on the ambient light, therefore, saving energy costs. With the rise in the demand for smart homes in the country, the market for light sensors is projected to expand during the assessment period.
Which Function of Light Sensors is Projected to Witness Significant Growth?
The ambient light sensing function is projected to witness significant growth in this market. It has grown at a CAGR of 8.8% from 2017 to 2021 and is expected to grow at a CAGR of 8.1% from 2022 to 2032.
Light sensors are commonly used in ambient light sensing applications to automatically adjust the brightness of electronic displays, such as those found on smartphones, tablets, and computer monitors.
They are a crucial component of ambient light sensing which can improve the user experience and also reduce energy consumption. Ambient light sensors can detect the amount of light in the surrounding environment and adjust the brightness of the display accordingly.
The light sensors used in ambient light sensing typically use photo diodes or photo transistors to detect light. These sensors can detect light in a specific range of wavelengths, which allows them to distinguish between different types of light sources, such as natural sunlight and artificial lighting.
With the rise in the adoption of ambient lighting in various consumer electronics, the market for this segment is projected to expand during the assessment period.
Which Application of Light Sensors will Create Maximum Revenue?
Consumer electronics is projected to witness prominent growth as it has grown at a CAGR of 8.6% from 2017 to 2021. It is further expected to grow at a CAGR of 8.0% from 2022 to 2032.
Light sensors play an important role in various consumer electronics, including smartphones, tablets, laptops, and wearables. Light sensors are used for adjusting the screen brightness of smartphones and other devices based on ambient light levels.
This not only improves the user experience but also helps to save battery life.
Light sensors are also used for gesture recognition in smartphones and other devices. Light sensors can also be used in smartphones to control the flash of the camera. This helps to optimize the amount of light used for the image, resulting in high-quality photos.
With the rise in the demand for consumer electronics such as smartphones and tablets, the market for this segment is projected to expand during the assessment period.
The market players are investing in research and development for new and efficient products. The companies are also focusing on strategies like product launches, mergers and acquisitions to augment their market positions.
The key players in the market include AMS AG, Sharp Corporation, Broadcom Inc., Apple, Inc., Stmicroelectronics NV., Elan Microelectronic Corp., Vishay Intertechnology, Inc., Heptagon, Everlight Electronics Co., Ltd., Sitronix Technology Corporation, Maxim Integrated Products, Inc., ROHM Co., Ltd., Samsung Electronics Co., Ltd.
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| Attribute | Details |
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Estimated Market Size (2022) |
US$ 2.2 billion |
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Projected Market Valuation (2032) |
US$ 4.8 billion |
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Value-based CAGR (2022 to 2032) |
8.2% |
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Forecast Period |
2022 to 2032 |
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Historical Data Available for |
2017 to 2021 |
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Market Analysis |
Value (US$ billion) |
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Key Regions Covered |
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Key Countries Covered |
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Key Segments Covered |
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Key Companies Profiled |
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Report Coverage |
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The global market size of the light sensors industry was worth US$ 2 Billion in 2021.
Demand for light sensors reached a valuation of US$ 2.2 billion in 2022.
The valuation of the light sensors market in 2033 will be US$ 4.8 billion.
Demand for light sensors across the globe registered growth at a CAGR of 9.1%, as per the study.
Sales of light sensors are expected to increase at a CAGR of 8.2% over the assessment period.
As per the study, consumer electronics segment is expected to account for significant revenue share by the end of 2032.
