Light Sensor Market: Trends, Opportunities and Competitive Analysis

Trends, opportunities and forecast in the global light sensor market to 2024 by sensor type (ambient light sensing, proximity detection, RGB color sensing, gesture recognition, and UV/IR detection), application (automotive, consumer electronics, healthcare, industrial, entertainment, and home automation), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Publisher: Lucintel Published: June 2020
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Light Sensor Market: Trends, Opportunities and Competitive Analysis

Report Feature

The future of the light sensors market looks promising with opportunities in the home automation, automotive, consumer electronics, industrial, entertainment, and healthcare industries. The global light sensors market is expected to grow with a CAGR of 9% from 2019 to 2024. The major drivers for this market are increasing usage of light sensors in smartphones and tablets and advancements in the automotive electronics and outdoor lighting..


A more than 150 pages report is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of light sensors market report download the report brochure.



Light Sensor Market by Segments

Light Sensor Market Trends and Forecast

Light Sensor Market Share
 


The study includes the light sensors market size and forecast for the global light sensors market by sensor type, application, and region as follows:

By Sensor Type [$M shipment analysis for 2019 – 2024]:
  • Ambient Light Sensing
  • Proximity Detector
  • RGB Color Sensing
  • Gesture Recognition
  • UV/IR Detection

By Application [$M shipment analysis for 2019 – 2024]:
  • Consumer Electronics
  • Automotive
  • Military and Defense
  • Entertainment
  • Healthcare
  • Home Automation

By Region [$M shipment analysis for 2013 – 2024]:
  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Italy
  • Asia Pacific
    • China
    • Japan
    • India
  • RoW

Some of the light sensors companies profiled in this report include AMS AG, Avago Technologies Inc., Broadcom, Stmicroelectronics NV. , Vishay Intertechnology. Inc, Apple, Inc., Sitronix Technology, Everlight Electronics Co., Ltd. , Heptagon, Maxim Integrated Sensor Types, Inc.

Some of the features of this report:
  • Market size estimates: Smart light sensor market size estimation in terms of value ($M) shipment.
  • Trend and forecast analysis: Market trend (2013-2018) and forecast (2019-2024) by application.
  • Segmentation analysis: Market size by various segments such as by sensor type, application, and region.
  • Regional analysis: Smart thermostats market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth opportunities: Analysis on growth opportunities in different applications and regions for light sensors in the light sensors market.
  • Strategic analysis: This includes M&A, new Sensor Type development, and competitive landscape for, light sensors in the light sensors market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

Table of Contents

1. Executive Summary 2. Market Trends and Forecast Analysis from 2013 to 2024 2.1: Introduction, Background, and Classification 2.2: Supply Chain 2.3: Industry Drivers and Challenges
5. Competitor Analysis 5.1: Product Portfolio Analysis 5.2: Market Share Analysis 5.3: Operational Integration 5.4: Regional Reach 5.5: Porter’s Five Forces Analysis 7. Company Profiles of Leading Players 7.1: AMS 7.2: Avago Technologies 7.3: Broadcom 7.4: Vishay Intertechnology 7.5: Apple 7.6: Everlight Electronics 7.7: Stmicroelectronics 7.8: Sitronix Technology 7.9: Heptagon 7.10: Maxim Integrated Products

Methodology

Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process. 
 

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Key Questions

  • Which segments will grow at a faster pace and why?
  • Which region will grow at a faster pace and why?
  • What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
  • What are the business risks and competitive threats in this market?
  • What are the emerging trends in this market and the reasons behind them?
  • What are some of the changing demands of customers in the market?
  • What are the new developments in the market? Which companies are leading these developments?
  • Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
  • What are some of the competing sensor types in this market and how big of a threat do they pose for loss of market share by material or sensor Type substitution?
  • What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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