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Asia-Pacific Light Sensors Market - Industry Analysis on Size, Share, Trends, Growth, Opportunities, Forecast | 2022 to 2027

Published: January, 2022
ID: 9386
Pages: 105
Formats: report pdf report excel report power bi report ppt

Asia-Pacific Light Sensor Market Analysis Report (2021 - 2026)

The size and share of the Asia-Pacific Light Sensors Market is anticipated to grow in a significant way during the forecast period. It is estimated that the light sensor market in this region is going to get valued around USD 27,765 Million by 2026, recording CAGR of around 13.8% during the forecast period of 2022 - 2027.

A light sensor is an electronic device that is used to detect light, which is also known as photodetectors, photosensors, and others. There are several types of light sensors, whereas a photocell or photoresistor is a small sensor that changes its resistance when light shines upon it. These light sensors detect the light density but do not record images as they absorb it. These absorbed light photons make electron-hole pairs in the region of depletion. Photodiodes and phototransistors are a few models of the photodetectors.

The growth of the target market in this region is attributed to the extensive adoption of light sensors in sectors such as consumer display devices or portable devices comprising tablets, mobiles, and monitors, among others. Also, the establishment of low energy consumption, coupled with easy integration, is together fuelling the growth of the market. On the globe, the Asia Pacific region held for one of the largest manufacturers of these sensors and smartphones or other display devices where there are a number of applications for light sensors.

Recent Developments

  • STMicroelectronics, a global leader in electronics applications, announced that it had signed an agreement for acquiring the majority stake in French Gallium Nitride (GaN) innovator Exagan. 

  • NEC Corporation and Sharp Corporation, a leading player in the light sensors market, are in agreement for creating a joint venture by combining NEC Display Solutions, Ltd. which is a subsidiary of NEC, with Sharp. 

Drivers and Restraints of Asia-Pacific Light Sensor Market

The rapid adoption of light sensors in various sectors like consumer display devices or portable devices comprising tablets, mobiles, and monitors, among others is the primary factor that was driving the Asia-Pacific Light Sensors.

Also, the factors such as the growing innovations that are made using light-sensing technologies, companies working on improving night vision using unique lenses that are specially designed for usage in low-light, and the advancements to deliver a solid-state imaging device, which has higher sensitivity are boosting the growth of the light sensors market in Asia-Pacific.

Market Segmentation of Asia-Pacific Light Sensor Market as per the research report

  • By Function Type: Ambient light sensing, Proximity detection, RGB Color sensing, Gesture recognition, and UV/IR detection.

  • By Output: Analog and Digital.

  • By Integration: Discrete and Combination.

  • By Application: Automotive, Consumer Electronics, Healthcare, Industrial, Entertainment, Home automation, and Security.

  • By Region: India, China, Japan, South Korea, Australia & New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore & Rest of APAC. In the regional analysis of the Asia-Pacific Light Sensors Market, China, India, Japan, South Korea, and Australia have garnered a significant share of the market's revenue. The growth of the light sensors market in these countries is attributed to the presence of a large number of sensor manufacturers, along with the rising demand for advanced display features.

The key players of the Asia-Pacific Light Sensor Market include AMS AG, Broadcom Inc., Sharp Corporation, STMicroelectronics N.V., Vishay Intertechnology Inc., ELAN Microelectronic Corp., Everlight Electronics Co. Ltd., Maxim Integrated Products Inc., Sitronix Technology Corporation, and ROHM Co. Ltd.

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