Light Sensor Market - Increasing Demand From Automotive Sector And Smart Homes Fuels The Market
A
light sensor is an electronic device used to detect light. It is
available in several forms in the global market. Cadmium
sulfosolenide photoconductive photocell used in its manufacturing is
the component that helps perceive light. This product modifies its
resistance value based on the amount of incident light. Light sensors
can detect visible light, just like humans. Their principle
requirement is electrically charged signals.
The
global light sensor market is expected to expand steadily during the
forecast period due to the increasing demand from the automotive
sector, smart homes, and outdoor lighting applications. It is highly
competitive and dominated by a few major players.
The
product has applications in consumer electronics and in the
automotive, defense, aerospace, industrial, and medical sectors. In
terms of voltage, it is classified into the following categories: 0.5
to 5 V, 1.5 to 6 V, 2.4 to 3.6 V, and 3 to 5.5 V. The
technology-based divisions of the market include complementary
metal–oxide–semiconductors (CMOS), charge-coupled devices (CCD),
and contact image sensors (CIS). Geographically, it is distributed
over North America, Europe, Asia Pacific (APAC), Middle East &
Africa (MEA), and Latin America.
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The
global light sensors market currently is and anticipated to be
primarily driven by an increasing demand for electronic consumer
goods such as mobile phones and televisions. For instance, light
sensors help reduce power consumption in mobile devices. Moreover,
prominent automotive suppliers being in the process of increasing
their usage for specific functions is also predicted to propel the
market at an exponential rate. The requirement for ambient light
sensing, proximity detection, and gesture recognition in electronic
devices plays a role as well.
Light
sensors are also used to detect light in robotic programs, resulting
in rapid technological advancements. However, low profit margins for
manufacturers restrains the growth of this product. Smart lighting
solutions which are currently trending have been significantly
adopted by developing countries, directing lighting manufacturers to
introduce light sensors in these devices.
Geographically,
in terms of revenue, Asia Pacific (APAC) holds a major share in the
global light sensors market as of 2015. Within Asia Pacific, China
generates the maximum revenue due to the growing consumer demand for
electronic products. On the other hand, North America is projected to
be promising with a substantial share in the market. Ever-changing
needs of consumers when it comes to electronics and their increasing
usage in advanced medical technology equipment are key factors
influencing the light sensor market.
Market
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The
global market is fragmented with the presence multiple players,
including Avago Technologies Inc. & Heptagon in Singapore, ams AG
in Germany, Elan Microelectronics Corp., Sitronix Technology Corp., &
Everlight Electronics Co. in Taiwan, Maxim Integrated Products Inc. &
Vishay Intertechnology, Inc. in the U.S., ROHM Co., Ltd. & Sharp
Corporation in Japan, (Taiwan), Samsung Electronics Co., Ltd. in
South Korea, and STMicroelectronics NV in Switzerland.
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