Press release
UV Sensors Market Precise Outlook, Status & Forecast Till 2025 - Davis Instruments, ST Microelectronics, Vernier, Panasonic
Researchmoz added Most up-to-date research on "UV Sensors Market Precise Outlook, Status & Forecast Till 2025 - Davis Instruments, ST Microelectronics, Vernier, Panasonic" to its huge collection of research reports.UV Sensors Market report includes (6 Year Forecast 2019-2025) includes Overview, classification, industry value, price, cost and gross profit. It also offers in-intensity insight of the UV Sensors industry masking all vital parameters along with, Drivers, Market Trends, Market Dynamics, Opportunities, Competitive Landscape, Price and Gross Margin, UV Sensors market Share via Region, New Challenge Feasibility Evaluation, Analysis and Guidelines on New mission Investment.
With requirements of high degree of technical expertise and high capital, participation in the UV sensors market is limited. UV sensors market features fairly high consolidation with presence of some large players. High technical expertise to develop an array of products, that are used to serve numerous end users make these players stand apart. With extensive efforts from keen players for novel UV sensors, the UV sensors market is predicted to display a whopping close to 30% CAGR from 2017 to 2021.
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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.
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 requirementsthese 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 global UV Sensors market is valued at 46 million US$ in 2018 is expected to reach 64 million US$ by the end of 2025, growing at a CAGR of 4.3% during 2019-2025.
This report focuses on UV Sensors volume and value at global level, regional level and company level. From a global perspective, this report represents overall UV Sensors market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
Solar Light Company
Silicon Labs
LAPIS Semiconductor Co., Ltd.
Davis Instruments
ST Microelectronics
Vernier
Panasonic
Vishay Semiconductor Opto
Apogee
Broadcom
GenUV
Skye Instruments Ltd
TRI-TRONICS
Adafruit
Segment by Regions
North America
Europe
China
Japan
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Segment by Type
UVA
UVB
UVC
Segment by Application
Consumer Electronics
Industry
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