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Global light sensors market worth $2.14bn by 2022

The global light sensors market is estimated to grow at a CAGR of 9.3% between 2016 and 2022 and is expected to reach USD 2.14 billion by 2022.

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 The driving factors for the light sensors market are the growing implementation of light sensors for performing the functions in consumer electronic products such as smartphones and tablets. Also, advancements in the automotive sector, smart homes, and outdoor lighting are expected to boost the growth of the light sensors market.

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The factors driving the light sensors market include the growing implementation of light sensor functions in the consumer electronics such as smartphones and tablets. Also, advancements in the automotive sector, smart homes, and outdoor lighting are expected to boost the growth of the light sensors market.

Light sensors are expected to witness an increase in demand supported by growing implementation in sectors such as consumer electronics, automotive, building automation etc. Demand for light sensor devices is directly proportional to the region’s population and demand for consumer electronics, automobiles, that is why Asia-Pacific region is expected to dominate the market of light sensors.

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The growing demand from OEMs to implement light sensors for certain functions to perform such as ambient light sensing, proximity detection, RGB color sensing, and gesture recognition in mobile devices and tablets has supported the growth of the consumer electronics sector of the light sensors market. The growth of the automotive market is attributed by the growing concern for driver assistance and safety.

The light sensor functions such as gesture recognition, ambient light sensing, and proximity detection are expected to drive advances in the automotive infotainment segment.

Global Light Sensors Market: Regional Segment Analysis
North America
Southeast Asia

The Major players reported in the market include:
Maxim Integrated
ROHM Semiconductor
Vishay Intertechnology
Avago Technologies
ELAN Microelectronics
Everlight Electronics

Global Light Sensors Market: Product Segment Analysis
Type 1
Type 2
Type 3

Global Light Sensors Market: Application Segment Analysis
Application 1
Application 2
Application 3

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