Light Sensors Market Updated Expert Report (New Insights)
The light sensors market is estimated to grow at a CAGR of 9.3% between 2016 and 2022 and is expected to reach USD 2.14 Billion by 2022. The growth of the light sensors market is driven by the growing implementation of light sensors to perform certain functions in consumer electronics such as smartphones and tablets. Also, advancements in the automotive sector, smart homes, and outdoor lighting are expected to boost the growth of the market. There is a growing market for light sensors in consumer electronics, automotive, and industrial machineries. The growing implementation of ambient light sensors and proximity sensors in mobile devices has accelerated the growth of the consumer electronics sector in the light sensors market. The innovations in the car with in-built proximity sensors and gesture recognition functions have offered the driver a user-friendly interface. Also, increasing driver safety and assistance is supporting the growth of the market for the automotive sector. Moreover, growing focus of manufacturers on energy saving by light sensors has expected to boost the adoption in the industrial sector. The lighting fixtures equipped with light sensors provide cost-saving advantages and long-lasting light. The light sensors market on the basis of function is segmented into ambient light sensing, proximity detection, RGB color sensing, gesture recognition, and UV/IR detection. The growing implementation of light sensors to perform the functions stated above in various applications including automotive, consumer electronics, industrial, and home automation among others is supporting the growth of market. The ambient light sensor in a device provides a benefit of saving the battery power. The automatic adjustment (auto-dimming) of the backlight offers power savings in these devices. For more information visit: https://www.marketsandmarkets.com/Market-Reports/light-sensors-market-122682928.html?utm_source=PDF&utm_medium=7278
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