Lucintel Blog: Lucintel Forecasts Light Sensor Market to Grow at a CAGR of 9% from 2019 to 2024

Monday, May 16, 2022

Lucintel Forecasts Light Sensor Market to Grow at a CAGR of 9% from 2019 to 2024

According to the recent study the Light Sensor Market is projected to grow at a CAGR of 9% from 2019 to 2024. Growth in this market is primarily driven by increasing usage of light sensors in smartphones and tablets and advancements in the automotive electronics and outdoor lighting.

Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in light sensor market by sensor type (ambient light sensing, proximity detection, RGB color sensing, gesture recognition, and UV/IR detection), application (automotive, consumer electronics, healthcare, industrial, entertainment, and home automation), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Download sample report and view detailed Table of Content by clicking on below link https://www.lucintel.com/light-sensor-market.aspx

“Ambient light sensing market is expected to remain the largest segment during the forecast period.”

Based on sensor type, the light sensor market is segmented into ambient light sensing, proximity detection, RGB color sensing, gesture recognition, and UV/IR detection. Lucintel forecasts that the ambient light sensing market is expected to remain the largest segment due to growth in home automation systems.

“Within the light sensor market, the home automation segment is expected to remain the largest application.”

Based on application the home automation segment is expected to witness the highest growth over the forecast period.

“Asia pacific will dominate the light sensor market in near future.”

APAC will remain the largest region over the forecast period due to growing demand for consumer electronics products and increasing internet penetration in emerging nations.

Download Brochure of this report by clicking on https://www.lucintel.com/light-sensor-market.aspx

Major players of light sensor market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. AMS AG, Avago Technologies Inc., Broadcom, Stmicroelectronics NV. , Vishay Intertechnology. Inc, Apple, Inc., Sitronix Technology, Everlight Electronics Co., Ltd., Heptagon, Maxim Integrated Sensor Types, Inc. are among the major light sensor providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/light-sensor-market.aspx or helpdesk@lucintel.com.

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Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
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