Global Light Sensors Market Size

Light Sensors Market Analysis

The Global Light Sensors Market is expected to reach a CAGR of 9.1% over the forecast period. The factors driving the light sensors market include the growing implementation of light sensor 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 light sensors market. An increase in demand for sensors in the development of smart cities and a surge in IoT technology is also expected to fuel the growth of the light sensors market.

• For instance, proximity light sensors respond to changes in infrared light to detect motion or proximity to another object. They are used for devices in vehicles that sound an alarm when the vehicle is close to bumping into an object. Proximity light sensors are common in outdoor lights to detect motion for security purposes.
• Smartphone manufacturers are actively incorporating new technologies into their devices to improve their product quality in terms of product quality and vision. For instance, in April 2022, Oppo announced that its model, Oppo F21 Pro, will feature the flagship Sony IMX709 RGBW selfie sensor that is 60% more sensitive to light and reduces noise by 35% when compared to the previous generation IMX615 RGB sensor.
• In the automotive segment, with the development of new technologies such as lane assist, automatic headlights, and many more, these sensors are being integrated into rear-view mirrors, interior lighting, side-view mirrors, rain sensor, optical control knobs, and many more. Also, the increased adoption of LiDAR sensors in various industry verticals, such as aerospace and defense, corridor mapping and topographical survey, automotive, mining, and oil and gas, has also created growth opportunities for the light sensors market across industries.
• During the Covid-19 pandemic, the consumer electronics sector's growth rapidly changed, increasing competition among market players. Consumer electronics manufacturers are currently under enormous pressure to bring unique and differentiated products to market. Major smartphone manufacturers like Samsung collaborate with light sensor manufacturers to integrate both technologies. For instance, in November 2021, MacDermidAlpha Electronics Solutions announced a collaboration with STMicroelectronics, a global semiconductor leader helping customers across the spectrum of sensing applications, on a key sinter technology for Electric Vehicles inverter assemblies to increase vehicle efficiency and range while lowering production costs significantly.
• Due to the massive COVID-19 outbreak, people's priorities shifted to technology and health, increasing demand for ambient light sensors in applications such as medical devices. For instance, in October 2021, Osram developed an ambient light sensor for mobile devices and wearables that detects UV-A light. According to the company, while the UV-C portion of sunlight is blocked by the earth's atmosphere, UV-A and UV-B radiation reach the earth's surface. Sunburn is caused by UV-B radiation, which only penetrates the upper layers of the skin. This COVID-19 crisis is expected to provide opportunities for businesses to invest in, implement, and research technologies requiring a less human touch. For example, consider the combination of AI and automation.