North America Light Sensor Market By Function (Proximity Detection, Ambient Light Sensing, RGB Color Sensing, Gesture Recognition and Others), By Output (Digital and Analog), By End User (Consumer Electronics, Automotive, Healthcare, Industrial and Others), By Country, Industry Analysis and Forecast, 2020 - 2026
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The North America Light Sensor Market would witness market growth of 11.9% CAGR during the forecast period (2020-2026). The light detector is the ideal technology for many sectors such as consumer electronics, automotive, aerospace, and healthcare. This is due to many factors such as superior sensitivity, multiplexing, and immunity against electromagnetic interference of light detectors. The combination of all these factors is expected to drive the market growth over the forecast period.
Light sensors are an integral element used in rising smart city applications and tech innovations. These new technologies are often supported by Artificial Intelligence (AI) and Machine Learning. Development in industrial automation advances in the telecommunication industry and a rise in IoT and connected devices are some of the factors that boost the growth of the light sensors market. There is a high impact of photonics applications in smart city infrastructure with respect to communication technologies, sensing, and smart lighting. At the same time, a few other rising technologies like nanoscale photonics are also seeing huge demand in smart city infrastructure, hence driving the demand for light sensors.
Recent development like advancements and miniaturization in sensor technologies have caused massive demand for smart electronics such as smart lighting systems, smartphones, LED televisions globally. The integral part of these devices is many communication interfaces and sensor technologies. The uses of different kinds of sensors across industries are boosted by the introduction of 5G communication and connected devices technologies. Also, wearable electronics equipment uses optical sensors extensively on the commercial and domestic front.
Based on Function, the market is segmented into Proximity Detection, Ambient Light Sensing, RGB Color Sensing, Gesture Recognition and Others. Based on Output, the market is segmented into Digital and Analog. Based on End User, the market is segmented into Consumer Electronics, Automotive, Healthcare, Industrial and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Broadcom, Inc., Analog Devices, Inc., Cognizant Technology Solutions Corporation, Samsung Electronics Co., Ltd. (Samsung Group), STMicroelectronics N.V., Sharp Corporation, Rohm Semiconductors Co., Ltd., Vishay Intertechnology, Inc., Everlight Electronics Co., Ltd. and AMS AG.
Scope of the Study
Market Segments Covered in the Report:
- Proximity Detection
- Ambient Light Sensing
- RGB Color Sensing
- Gesture Recognition
By End User
- Consumer Electronics
- Rest of North America
- Broadcom, Inc.
- Analog Devices, Inc.
- Cognizant Technology Solutions Corporation
- Samsung Electronics Co., Ltd. (Samsung Group)
- STMicroelectronics N.V.
- Sharp Corporation
- Rohm Semiconductors Co., Ltd.
- Vishay Intertechnology, Inc.
- Everlight Electronics Co., Ltd.
- AMS AG
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