Global Light Sensor Market is expected to witness 10.5% CAGR between 2021-2031- Market Insights, Size, Share, Growth, Analysis, and Forecast
According to a new market research report published by sheer analytics and insights, “The Global Light Sensor Market was valued at $2.54 Billion in 2020. Growing at a high CAGR of more than 10.5% between 2021 and 2031, it is estimated to reach $7.8 Billion by 2031, as per the latest market research report titled Global Light Sensor Market – Industry analysis, size, share, growth, trends, and forecast, 2021 – 2031.
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Increased use of consumer electronics, miniaturization of the sensors, and the increased demand for implementing renewable energy will help to accelerate the growth of this market during the forecasted period. Also, the advancements in smart homes, the automotive sector, outdoor lighting will help the market to grow during the forecasted period. Also, the current COVID-19 pandemic has affected the economy globally and has hampered the global chains, causing short-term market uncertainty.
Geographically, The Global Light Sensor Market is divided into global regions like North America, Europe, Asia- Pacific, Latin America, Middle East, and Africa.
Browse the full report at https://www.sheeranalyticsandinsights.com/market-report-research/light-sensor-market-21
List of Companies Covered:
- AMS AG
- Analog Devices, Inc.
- Broadcom Inc.
- Elan Microelectronic Corp.
- Everlight Electronics Co. Ltd.
- Maxim Integrated Products Inc.
- ROHM Co. Ltd.
- Samsung Electronics Co. Ltd.
- Sharp Corporation
- Sitronix Technology Corporation
- STMicroelectronics NV
- Vishay Intertechnology Inc.
The Global Light Sensor Market Has Been Segmented Into:
Global Light Sensor Market, By Function Type
- Ambient Light Sensing
- Proximity Detection
- RGB Color Sensing
- Gesture Recognition
- IR Detection
Global Light Sensor Market, By Outlook
Global Light Sensor Market, By End-Use
- Consumer Electronics
Global Light Sensor Market, By Region
- North America
- Rest of North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America, Middle East & Africa
- South Africa
- Rest of LAMEA
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