Asia Pacific Light Sensor Market – Industry Analysis and Forecast (2022-2027)

Asia Pacific Light Sensor Market is expected to reach US$ 31.6 Bn. by 2027, at a CAGR of 13.2% during the forecast period.


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Light sensors are used for creating an output signal indication related to the intensity of light by measuring the present radiant energy existing within a very narrow range of frequencies normally known as light. The major conversion falls in between the transition of light energy into an electrical signal output. The light sensors are also known as photoelectric devices or in other words photons that are converted to electrons.
The report study has analyzed revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and same is reflected in our analysis.

The Asia Pacific market for light sensors is segmented by function, output, integration, application, and geography. By function, the light sensor market includes proximity detection, gesture recognition, ambient light sensing, rgb color sensing, and UV/infrared light (IR) detection. Based on the output, the light sensor market is divided into digital and analog. Based on integration, the market includes combination and discrete. Industrial, healthcare, consumer electronics, home automation, automotive, security, and entertainment are the various application areas that are considered under the scope of the market.

There is an extensive adoption of ambient light sensors in Asia Pacific region in sectors such as consumer display devices or portable devices comprising of tablets, mobiles, and monitors among others that are driving the market growth. The establishment of low energy consumption along with easy integration is together supporting the overall market growth. These ambient light sensors are those specific components that are incorporated on the rear side of the display devices for adjusting the brightness according to the surrounding lighting. Asia Pacific region has been one of the largest manufacturers of sensors and smartphones or other display devices where there are a number of applications for light sensors. Moreover, these sensors further help in developing the energy efficiency of the devices working for a longer period of time and can also adjust itself automatically.

As compared to the daytime remote sensing that is generally limited to information related to the physical features of land cover, countries in the Asia Pacific region is also monitoring huge growth in night-time light remote sensing. The nigh time sensing provides unique as well as direct perception of human activities, explicitly those activities which are associated with the presence of artificial light at night. Subsequently, the night-time light remote sensing is also extensively used in the sectors of sociology, fishery, demography, economy, ecology, light pollution, human geography, and human rights. In developing countries such as China and India, the night-time light remote-sensing scientists have inclined their focus on urbanization applications. The future of this sensing is promising, as a mounting number of satellite-borne sensors are used for recording night-time light.

There are other innovations that are made using light sensing technologies. Companies are working on improving night vision using unique lenses that are specifically designed for usage in low-light, and work on delivering a solid-state imaging device having higher sensitivity. These innovations especially help the sensor to function properly and better identify different-shaped road signs, like octagonal rectangular, and triangular signs especially used in Japan.

China, India, Japan, South Korea, and Australia are some of the key countries that were the major contributors to the growth of the Light Sensor market in the Asia Pacific region. Presence of a large number of sensor manufacturers along with growing demand for advanced display features has together been a few key factors to boost the overall growth of the light sensor market in the Asia Pacific region.
Asia Pacific Light Sensor Market Key Highlights:
• Asia Pacific Light Sensor Market size analysis and forecast.
• Comprehensive study and analysis of market drivers, restraints, and opportunities influencing the growth of the Asia Pacific Light Sensor market.
• Light Sensor market segmentation on the basis of by Function, Output, Integration, Application, and Geography.
• Asia Pacific Light Sensor Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of the study
• Light Sensor market analysis and forecast for major countries has been provided.
• Profiling of key industry players, their strategic perspective, and analysis of core competencies
• Competitive landscape of the key players operating in the Light Sensor market including competitive developments, investments, and strategic expansion

Years that have been considered for the study are as follows:
• Base Year – 2021
• Estimated Year – 2021
• Forecast Period – 2022 to 2027

For company profiles, 2021 has been considered as the base year. In cases, wherein information was unavailable for the base year, the years prior to it have been considered.
Asia Pacific Light Sensor Market Research Methodology:
The market is estimated by triangulation of data points obtained from various sources and feeding them into a simulation model created individually for each market. The data points are obtained from paid and unpaid sources along with paid primary interviews with key opinion leaders (KOLs) in the market. KOLs from both, demand and supply side were considered while conducting interviews to get the unbiased idea of the market. This exercise was done at the country level to get the fair idea of the market in countries considered for this study. Later this country-specific data was accumulated to come up with regional numbers and then arrive at the global market value for Asia Pacific Light Sensor Market

The objective of the report is to present comprehensive Asia Pacific Light Sensor market  including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with analysis of complicated data in simple language. The report covers all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region.

PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers.

The report also helps in understanding Asia Pacific Light Sensor market  North America for Asia Pacific dynamics, structure by analyzing the market segments, and project the Asia Pacific Light Sensor market  North America for Asia Pacific   size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Asia Pacific Light Sensor market  North America for Asia Pacific make the report investor’s guide.
Key Target Audience:
• Light Sensors technology platform developers
• Raw material and material testing equipment suppliers
• Light Sensors original equipment manufacturers (OEMs)
• End-users/enterprise-users
• Research institutes and organizations
• Government bodies, venture capitalists, and private equity firms
• Market research and consulting firms
• Enterprise data center professionals
Asia Pacific Light Sensor Market Scope: Inquire before buying



Asia Pacific Light Sensor Market


Report Coverage
Details


Base Year:
2021
Forecast Period:
2022-2027


Historical Data:
2017 to 2021
Market Size in 2021:
US $ 15.02 Bn.


Forecast Period 2022 to 2027 CAGR:
13.2%
Market Size in 2027:
US $ 31.6 Bn.


 Segments Covered:
by Function
• Proximity Detection
• Gesture Recognition
• Ambient Light Sensing
• Rgb Color Sensing
• UV/Infrared Light (IR) Detection


by Output
• Digital
• Analog


by Integration
• Combination
• Discrete


by Application
• Industrial
• Healthcare
• Consumer Electronics
• Home Automation
• Automotive
• Security
• Entertainment



Asia Pacific Light Sensor Market, By Geography:
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o Others
Geographic Analysis:
• Breakdown of China Light Sensor market
• Breakdown of Japan Light Sensor market
• Breakdown of India Light Sensor market
• Breakdown of South Korea Light Sensor market
• Breakdown of Australia Light Sensor market
• Breakdown of Others Light Sensor market
Asia Pacific Light Sensor Market Key Players:
• AMS AG
• Keyence
• Ningbo Energylux Optoelectronics Technology Co., Ltd.
• Belimo
• Renesas
• Future Electronics
• Kodenshi Corporation
• Ningbo Ehome Electronic Co.,Ltd
• LI-COR
• HPM
• STMicroelectronics N.V.
• Sharp Corporation
• Rohm Semiconductors Co., Ltd.
• Everlight Electronics Co., Ltd.
• Cognizant Technology Solutions Corporation
• Samsung Electronics Co., Ltd.
Frequently Asked Questions:
1. Which region has the largest share in Asia Pacific Light Sensor Market?
Ans: China held the highest share in 2021.

2. What is the growth rate of Asia Pacific Light Sensor Market?
Ans: The Asia Pacific Light Sensor Market is expected to grow at a CAGR of 13.2% during forecast period 2022-2027.

3. What is scope of the Asia Pacific Light Sensor market report?
Ans: Asia Pacific Light Sensor Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Asia Pacific Light Sensor market?
Ans: The important key players in the Asia Pacific Light Sensor Market are – AMS AG, Keyence, Ningbo Energylux Optoelectronics Technology Co., Ltd., Belimo, Renesas, Future Electronics, Kodenshi Corporation, Ningbo Ehome Electronic Co.,Ltd, LI-COR, HPM, STMicroelectronics N.V., Sharp Corporation, Rohm Semiconductors Co., Ltd., Everlight Electronics Co., Ltd., Cognizant Technology Solutions Corporation, Samsung Electronics Co., and Ltd.

5. What is the study period of this market?
Ans: The Asia Pacific Light Sensor Market is studied from 2021 to 2027.