Light Sensors Market Competitive Analysis, Growth Factors & Development Status By 2026
The light sensor
converts light input into corresponding electrical output. It is used in
automatic street light system, automatic brightness control in mobile, and
security devices in home and offices, which helps in minimizing the power
consumption of the devices. Most commonly used light sensors are based on photo
resistors, which control flow of current using sensed light energy. These are
known as Light Dependent Resistors (LDRs).
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Increasing adoption of light sensors in the portable consumer
electronics is one of the major factors driving the growth of the market
Major Factor
attributing to growth of the market is increasing usage of portable consumer
electronics, such as laptop, smartphones, and tablet which inadvertently
affects the battery life of the product. For instance, according to
Coherent Market Insights analysis, the total number of smartphones users in
2016, were 2.2 billion and it increased to 2.4 billion in 2017, worldwide.
Therefore, prolong on-screen time on smart phone enforced manufacturers to
introduce light sensors in these devices, which improves the battery life of
device by consuming less power. By incorporating the light sensors in the
smartphones it automatically adjust the brightness of the screen depending on
the ambient light, which further help in reducing the power consumption of
devices limited to less than 10 Mw. Furthermore, light sensors reduce the power
consumption required in the keypad backlighting, which in turn helps in
increasing the battery life of the smartphones. Therefore, aforementioned
factors are fueling growth of the global light sensors market.
Low capabilities of light sensors is one of the major factors
restraining growth of the market
Low capabilities
of light sensors in case of long distance is major factor restraining growth of
the market. These sensors cannot perform well apart from the specified range of
3 lx (lux) to more than 30,000 lx (lux), which is expected to hamper the growth
of the market.
Global Light Sensors Market: Regional Insights
North America
accounted for the largest share in the global sensor light sensor market in
2016, and it is expected to dominate the global market by 2026. Increasing
adoption of sensors in various fields such as medical, consumer electronics,
and automotive is one of the major factors driving growth of the market in this
region. For instance, light sensors are widely adopted by automotive sector in
this region, owing to reduction of road accidents. According to the National
Highway Traffic Safety Administration (NHTSA), in the U.S. the total number of
people died in the road accident was 35,485 in 2015, and it grew up to
37,461 in 2016. Thus, in order to minimize the case of road accident and
increase the safety of the passengers, automotive manufacturer are incorporating
ambient light sensors in the vehicle for driver assistance and driver safety,
which is propelling the growth of light sensors in the automotive sector. The
vehicle equipped with light sensors detect the brightness ahead of the vehicle
and the headlights are turned on and turned off automatically. This system
allows the driver to control the turning on and turning off of the headlights
with more accurate timing based on the driving situation. Therefore, all these
factors are expected to drive regional market growth of light sensors in
automotive sector, which in turn help in propelling the growth of the light
sensors market in this region.
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Global Light Sensors Market: Competitive Landscape
Major players
operating in the global light sensors market include ams AG, Avago
Technologies Inc., Elan Microelectronics Corp., Everlight Electronics Co.,
Heptagon, Maxim Integrated Products Inc., ROHM Co., Ltd., Sharp Corporation,
Sitronix Technology Corp., and STMicroelectronics NV. Market players are
adopting growth strategy such as merger and acquisition for increasing the
product portfolio and maintain leading position in the market. For instance, in
July 2017, ams AG, a leading provider of high performance sensors and
analog ICs, acquired the CMOS Sensor Business from NXP Semiconductors. The
acquisition help in expanding the existing environmental sensor technologies
and is a synergistic addition to chemical sensor capabilities and smart
lighting solutions. This portfolio makes ams AG the one-stop shop for
environmental sensors. The newly enlarged line of ams AG environmental
sensors provide the growth opportunities for smart phones, wearable, and other
mobile devices as well as for smart buildings and the industrial, medical, and
automotive markets.
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