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Ambient Light Sensor Market 2023 Key Vendors by: Texas Instruments, ON Semiconductor, Broadcom, Rohm, OSRAM, Panasonic and Vishay Semiconductor

09-11-2018 01:16 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Futture

Ambient Light Sensor Market

Ambient Light Sensor Market

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.

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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.

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.

Segmentation:

The global market of the ambient light sensor can be segmented by sensor type, output type, mounting style, and application.

On the basis of sensor type, the market can be sub-segmented into light to current, light to digital, light to frequency and light to voltage.

Output type-based segmentation includes analog and digital. Digital ambient light sensors have been upgraded to suit the technological advancements. OSRAM Opto and Maxim Have developed digital ambient light sensors that could almost replicate human eye sensitivity and deliver accurate results.

Based on mounting style, ambient light sensors are sub-segmented into Surface Mount Technology/ Surface Mount Devices (SMD/SMT), through hole and others. SMT has a considerable advantage of being dense in configuration and smaller in size and can aid in the expansion of the ambient light sensor market.

By application, the market includes consumer electronics, automotive, robotics, medical devices, security lighting, sunlight harvesting, and others. Consumer electronics fetch the maximum market share. Growing need for smartphones and tablets can boost the segment further during the forecast period. Awareness of user-friendly interface with built-in light sensors to assist driver’s safety can boost the demand for ambient light sensors in the automotive sector.

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.

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

Table of Contents

1 Market Introduction
1.1 Introduction
1.2 Scope of Study
1.2.1 Research Objective
1.2.2 Assumptions
1.2.3 Limitations
1.3 Market Structure
2 Research Methodology
2.1 Research Type
2.2 Primary Research
2.3 Secondary Research
2.4 Forecast Model
2.4.1 Market Data Collection, Analysis & Forecast
2.4.2 Market Size Estimation
3 Market Dynamics
3.1 Introduction
3.2 Market Drivers
3.3 Market Challenges
3.4 Market Opportunities
3.5 Market Restraints
Continues...

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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Pune – 411028
Maharashtra, India
Phone: +91 841 198 5042
Mail: sales@marketresearchfuture.com

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