Ambient Light Sensor Market Revenue Growth Predicted by 2017-2023

Posted February 8, 2018 by vilasmrf

Global Ambient Light Sensor Market, By Sensor Type (Light to Current, Light to Digital, Light to Frequency, Light to Voltage), By Output Type (Analog, Digital), By Mounting Style (SMD/SMT, Through Hole) By Application - Forecast 2023

Market Scenario:
Major giants like Texas Instruments, ON Semiconductor and Broadcom Limited are investing into the ambient light sensor market due to increasing demand from various industry verticals like retail, automotive, consumer electronics, medical among others. Increasing adoption of ambient light sensors in smart homes is one major factor fueling the growth of ambient light sensor market. Ambient light sensors are gaining importance owing to the increasing adoption in consumer electronics.

North America region holds the largest market share of global ambient light sensor market followed by Europe and Asia Pacific regions. The growth is North America region is mainly dominated by U.S. and Canada and is attributed to the increasing demand for cloud computing applications and in the region. The region also has a well-established infrastructure which allows implementation of advanced technologies.

Ambient light sensor market has been segmented on the basis of sensor type, output type, mounting style and application. The sensor type segment is further bifurcated into light to current, light to digital, light to frequency and light to voltage. Ambient light sensors respond to the outside light and adjust it according to the human eye. These sensors strictly rely on outside environment for adjusting themselves according to the changing lighting conditions.

Ambient light sensors are basically used for backlighting controls for display devices. They are commonly used to adjust display brightness of a certain device based on the brightness of the outside environment. Major factor driving the growth of Ambient Light Sensor Market is the growing demand for energy efficient solutions. Increasing demand for ambient light sensors in smartphones and other consumer electronics is another major factor driving the growth of ambient light sensor market. Increasing adoption of ambient light sensors in automotive sector is another major factor driving the growth of ambient light sensor market.

The global ambient light sensor market is expected to grow at approx. USD 822 Million by 2023, at 10% of CAGR between 2017 and 2023.

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Key Players:
The prominent players in ambient light sensor market are – ams AG (Germany), Texas Instruments (U.S.), ON Semiconductor (U.S.), Broadcom Limited (U.S.), Rohm Semiconductor (Germany), OSRAM Opto Semiconductor (U.S.), Intersil (U.S.), Maxim Integrated (U.S.), Panasonic Corporation (Japan), Vishay Semiconductor (U.S.) among others.

Ambient light sensor market can be segmented on the basis of following:
By Sensor Type
• Light to Current
• Light to Digital
• Light to Frequency
• Light to Voltage
By Output Type
• Analog
• Digital
By Mounting Style
• Through Hole
• Others
By Application
• Consumer Electronics
• Automotive
• Robotics
• Medical Devices
• Security Lighting
• Sunlight Harvesting
• Others

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Regional Analysis:
The regional analysis of ambient light sensor market is being studied for regions such as Asia Pacific, North America, Europe and Rest of the World. It has been observed that North America is estimated to account for the largest share of the market, whereas Asia-Pacific is projected to grow at the fastest rate during the forecast period. The major growth in ambient light sensor market in North America is attributed to technical advancements and increasing demand for energy efficient solutions in lighting applications across various industry verticals in that region.

Intended Audience
• Technology Investors
• Research/Consultancy Firms
• Original equipment manufacturers (OEMs)
• Technology Providers
• Government Bodies
• Automobile Companies
• Consumers

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Issued By Market Research Future
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Business Address Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune - 411028 Maharashtra, India
Country India
Categories Semiconductors , Software , Technology
Last Updated February 8, 2018