DUBLIN--(BUSINESS WIRE)--Jan 8, 2021--

The Global Light Sensor Market size is expected to reach $5.5 billion by 2026, rising at a market growth of 12.6% CAGR during the forecast period.

Light sensors are an integral element used in rising smart city applications and tech innovations. These new technologies are often supported by Artificial Intelligence (AI) and Machine Learning.

Development in industrial automation advances in the telecommunication industry and a rise in IoT and connected devices are some of the factors that boost the growth of the light sensors market. There is a high impact of photonics applications in smart city infrastructure with respect to communication technologies, sensing, and smart lighting. At the same time, a few other rising technologies like nanoscale photonics are also seeing huge demand in smart city infrastructure, hence driving the demand for light sensors.

Factors such as the miniaturization of sensors, the growing use of consumer electronics, and the rising demand for implementing renewable energy are boosting the demand for light sensors. In addition, advances in the automotive sector, smart homes, and outdoor lighting are anticipated to propel the market growth. Factors such as advanced manufacturing technologies, low-cost and high-speed electronic circuits, and innovative signal processing methods fueled the recent development in sensor technologies. Robust technical solutions are offered by these new advancements in the field, hence increasing economic efficiency, reliability, and quality of technical products.

Companies Profiled

  • Broadcom, Inc.
  • Analog Devices, Inc.
  • Cognizant Technology Solutions Corporation
  • Samsung Electronics Co., Ltd. (Samsung Group)
  • STMicroelectronics N.V.
  • Sharp Corporation
  • Rohm Semiconductors Co., Ltd.
  • Vishay Intertechnology, Inc.
  • Everlight Electronics Co., Ltd.
  • AMS AG

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Key Topics Covered:

Chapter 1. Market Scope & Methodology

Chapter 2. Market Overview

2.1 Introduction

2.1.1 Overview

2.1.2 Executive Summary

2.1.3 Market Composition and Scenario

2.2 Key Factors Impacting the Market

2.2.1 Market Drivers

2.2.2 Market Restraints

Chapter 3. Competition Analysis - Global

3.1 Cardinal Matrix

3.2 Recent Industry Wide Strategic Developments

3.2.1 Partnerships, Collaborations and Agreements

3.2.2 Product Launches and Product Expansions

3.2.3 Acquisition and Mergers

3.3 Top Winning Strategies

3.3.1 Key Leading Strategies: Percentage Distribution (2016-2020)

3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2016, May - 2020, Nov) Leading Players

Chapter 4. Global Light Sensor Market by Function

4.1 Global Proximity Detection Light Sensor Market by Region

4.2 Global Ambient Light Sensing Light Sensor Market by Region

4.3 Global RGB Color Sensing Light Sensor Market by Region

4.4 Global Gesture Recognition Light Sensor Market by Region

4.5 Global Other Function Light Sensor Market by Region

Chapter 5. Global Light Sensor Market by Output

5.1 Global Digital Light Sensor Market by Region

5.2 Global Analog Light Sensor Market by Region

Chapter 6. Global Light Sensor Market by End Use

6.1 Global Consumer Electronics Light Sensor Market by Region

6.2 Global Automotive Light Sensor Market by Region

6.3 Global Healthcare Light Sensor Market by Region

6.4 Global Industrial Light Sensor Market by Region

6.5 Global Others Light Sensor Market by Region

Chapter 7. Global Light Sensor Market by Region

7.1 North America Light Sensor Market

7.2 Europe Light Sensor Market

7.3 Asia Pacific Light Sensor Market

7.4 LAMEA Light Sensor Market

Chapter 8. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/r/shaert

Laura Wood, Senior Press Manager

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SOURCE: Research and Markets

Copyright Business Wire 2021.

PUB: 01/08/2021 10:23 AM/DISC: 01/08/2021 10:24 AM

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