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UV Sensors market is projected to reach 64 Million US$ by 2025, at a CAGR of 4.3% during the forecast period

11-06-2018 09:26 AM CET | Industry, Real Estate & Construction

Press release from: QYresearchreports

UV Sensors market is projected to reach 64 Million US$ by 2025, at

Qyresearchreports include new market research report "Global UV Sensors Market Insights, Forecast to 2025" to its huge collection of research reports.

This report presents the worldwide UV Sensors market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.

This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

UV sensors, which convert light (photons) into electric current, are elements highly sensitive to the wavelength of light in the ultra-violet region. Ultra-violet light is classified as UV-A, UV-B and UV-C, depending on the wavelength and as the wavelengths become shorter more damage is caused to life forms. These sensors are used in industrial applications as light source monitors for equipment that sterilizes using UV-C with a short wavelength. Sensors used in our daily lives are primarily intended for detecting UV-A and UV-B ranges with longer wavelengths from UV light that is included in the sun's rays.

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Currently, The industry is highly concentrated, technical barriers and financial barriers are relatively high. The companies in the world that produce UV Sensors mainly concentrate in North America, Europe and Japan, Raw materials are also concentrated in these regions. In particular, as the market leader in UV Sensors, Silicon Labs and LAPIS Semiconductor Co., Ltd. take the global sales market share of more than 45%, other key manufacturers include Solar Light Company, Davis Instruments, ST Microelectronics, Vernier, Panasonic, Vishay Semiconductor Opto, Apogee, Broadcom, GenUV, Skye Instruments Ltd, TRI-TRONICS, Adafruit etc. The production of UV Sensors increased from 1294 K Units in 2012 to 3110 K Units in 2016, with an average growth rate of 24.51%. Global UV Sensors capacity utilization rate remained at around 80.90% in 2017.

In consumption market, the growth rate of global consumption is smooth relatively. USA, Japan, and Europe are still the mainly consumption regions due to the advanced production technology and rapid development of economy.

UV Sensors can be classified as three types, such as UVA Sensors and UVB Sensors. It can be widely used in many industries. Survey results showed that 80.99% of the UV Sensors market is consumer electronics, 19.01% is Industry in 2016. From 2013 to 2015, we have witnessed the explosive growth in consumer electronics from 1129 K Units to 2323 K Units. With the development of economy, Countries increasingly stringent environmental requirements,these industries will need more UV Sensors. So, UV Sensors has a huge market potential in the future.

With the awareness of UV protection and development of UV sensors, we tend to believe this industry is an emerging industry, and the consumption increasing degree will show a smooth growth curve. For product prices, the slow downward trend in recent years will maintain in the future as competition intensifies. Besides, prices gap between different brands will go narrowing gradually. Also, there will be fluctuation in gross margin.

The UV Sensors market was valued at 46 Million US$ in 2017 and is projected to reach 64 Million US$ by 2025, at a CAGR of 4.3% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for UV Sensors.

The following manufacturers are covered in this report:
Solar Light Company
Silicon Labs
LAPIS Semiconductor Co., Ltd.
Davis Instruments
ST Microelectronics
Vernier
Panasonic
Vishay Semiconductor Opto
Apogee
Broadcom
GenUV

Browse Complete Report with TOC @ https://www.qyresearchreports.com/report/global-uv-sensors-market-insights-forecast-to-2025.htm

UV Sensors Breakdown Data by Type
UVA
UVB
UVC
UV Sensors Breakdown Data by Application
Consumer Electronics
Industry

The study objectives are:
To analyze and research the global UV Sensors status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key UV Sensors manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.

About Us
QYResearchReports.com delivers the latest strategic market intelligence to build a successful business footprint in China. Our syndicated and customized research reports provide companies with vital background information of the market and in-depth analysis on the Chinese trade and investment framework, which directly affects their business operations. Reports from QYResearchReports.com feature valuable recommendations on how to navigate in the extremely unpredictable yet highly attractive Chinese market.

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