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Ambient Light Sensor Market by Type and Geography - Forecast and Analysis 2022-2026

  • Published: Feb 2022
  • Pages: 120
  • SKU: IRTNTR72080
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The ambient light sensor market share is expected to increase by USD 448.91 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 9.02%.

This ambient light sensor market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers ambient light sensor market segmentation by type (digital and analog) and geography (APAC, Europe, North America, South America, and Middle East and Africa). The ambient light sensor market report also offers information on several market vendors, including ams AG, Broadcom Inc., Carlo Gavazzi Holding AG, DFRobot Corp., EVERLIGHT ELECTRONICS CO. LTD., Koch Industries Inc., LITE ON Technology Corp., Maxim Integrated Products Inc., Melexis NV, Microsemi Corp., Panasonic Corp., Renesas Electronics Corp., ROHM Co. Ltd., Semiconductor Components Industries LLC, Sensortek Inc., Silicon Laboratories Inc., STMicroelectronics NV., Texas Instruments Inc., Vishay Intertechnology Inc., and Nisshinbo Holdings Inc. among others.

What will the Ambient Light Sensor Market Size be During the Forecast Period?

Ambient Light Sensor Market Size

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Ambient Light Sensor Market: Key Drivers, Trends, and Challenges

The increasing adoption of ambient light sensors in automotive displays is notably driving the ambient light sensor market growth, although factors such as the growing adoption of bezel-less screens may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the ambient light sensor industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Ambient Light Sensor Market Driver

The increasing adoption of ambient light sensors in automotive displays is one of the key drivers supporting the ambient light sensor market growth. Ambient lighting has become a necessary feature in luxury cars. Besides enhancing aesthetics, an ambient lighting system provides the right brightness for in-car displays day and night. For instance, Osram offers SFH 5701 A01 ambient light sensor, which helps the driver read the satnav screen or the speedometer in bright sunlight or any other weather condition. This ambient light sensor is an active component in which the IC is powered by the signal current. Therefore, it is not reliant on an external power supply. Furthermore, such ambient light sensors make the interior of a vehicle luxurious, sportier, and visually appealing. Such increasing adoption of ambient light sensors will drive market growth during the forecast period.

Key Ambient Light Sensor Market Trend

The rise in merger and acquisition activities is another factor supporting the ambient light sensor market growth. The benefits of strategic partnerships and M and A include an increase in revenue, the expansion of the geographical reach of products, product line extension, and resource sharing.  For instance, in March 2019, Renesas acquired Integrated Device Technology, a manufacturer of sensor products. This expanded ams Renesas product portfolio in the ambient light sensor and technology business. In July 2020, ams AG acquired Osram. This increased ams AG product portfolio in the ambient light sensor and technology business.  Moreover, an increase in M and A will result in the production of more efficient and high-performance sensors, which will be compatible with advanced technologies or components integrated into smartphones. Such factors will have a positive impact on the market during the forecast period.

Key Ambient Light Sensor Market Challenge

The growing adoption of bezel-less screens is one of the factors hindering the ambient light sensor market growth. Smartphone manufacturers are increasingly moving toward a bezel-less design. For instance, Apple offers iPhone X, which is slightly bigger than iPhone 8 Plus, but the screen size is actually larger than iPhone 8 Plus. This allows smartphone manufacturers such as Apple and Samsung Electronics to offer large screens while reducing the overall size of phones, making them more comfortable to hold. However, there are components such as display, earpiece, proximity sensor, light sensor, front-facing camera, home button, and a fingerprint sensor, which are integrated into the front end of a smartphone by default. Owing to the growing adoption of bezel-less screen designs, smartphone manufacturers have stopped integrating ambient light sensors into many smartphones, which reduces the use of light sensors in smartphonesThus, the growing adoption of bezel-less screens is adversely affecting the demand for ambient light sensors.

This ambient light sensor market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global ambient light sensor market as a part of the global electrical components and equipment market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the ambient light sensor market during the forecast period.

Who are the Major Ambient Light Sensor Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • ams AG
  • Broadcom Inc.
  • Carlo Gavazzi Holding AG
  • DFRobot Corp.
  • EVERLIGHT ELECTRONICS CO. LTD.
  • Koch Industries Inc.
  • LITE ON Technology Corp.
  • Maxim Integrated Products Inc.
  • Melexis NV
  • Microsemi Corp.
  • Panasonic Corp.
  • Renesas Electronics Corp.
  • ROHM Co. Ltd.
  • Semiconductor Components Industries LLC
  • Sensortek Inc.
  • Silicon Laboratories Inc.
  • STMicroelectronics NV.
  • Texas Instruments Inc.
  • Vishay Intertechnology Inc.
  • Nisshinbo Holdings Inc.

 

This statistical study of the ambient light sensor market encompasses successful business strategies deployed by the key vendors. The ambient light sensor market is concentrated and the vendors are deploying growth strategies such as the bulk purchase of various ambient light sensors to compete in the market.

Product Insights and News

  • Ams.com - The company offers ambient light sensor market that includes 3d sensors, flood illumination, structure light illumination, active noise cancellation, light sensors, position sensors, power management, and many more, under the brand name of ams AG.
  • Broadcom.com - The company offers ambient light sensor market that provides storage adapters, controllers, switch adapter, sass expanders, hard disc drivers, amplifiers, filters, processors, optical products wired connectivity and many more, under the brand name of Broadcom Inc.
  • Panasonic.com - The company offers ambient light sensor market that includes appliance devices, sensors, semiconductors, circuit protection, thermal management, optical components, building products, electronic materials, material management solutions, under the brand name of Panasonic Corp.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The ambient light sensor market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Ambient Light Sensor Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the ambient light sensor market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Ambient Light Sensor Market?

Ambient Light Sensor Market Market segmentation by region

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39% of the market's growth will originate from APAC during the forecast period. China and Japan are the key markets for ambient light sensor market in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The growing penetration of smartphones will facilitate the ambient light sensor market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

During COVID 19, 2021, Xiaomi India opened two new smartphone manufacturing plants in India. These new manufacturing plants will increase the production capacity of smartphones in India by 20% during the forecast period. As the smartphone market in APAC is in the growth stage, it encourages several smartphone OEMs to establish their manufacturing facilities in the region to capitalize on cost advantage. Therefore, such factors are driving the regional market growth.

What are the Revenue-generating Type Segments in the Ambient Light Sensor Market?

Ambient Light Sensor Market Segmentation

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The ambient light sensor market share growth by the digital segment will be significant during the forecast period. The digital segment accounted for the highest revenue share in 2021. The segment growth is majorly driven by the growing application of digital ambient sensors in projector displays, smartphones, tablets, and automotive displays. Ambient light sensors help to measure the amount of ambient light present in the surroundings and adjust the display of the electronic device according to that. The growth of the digital segment is highly dependent on the sales of smartphones and tablets. Smartphone users increased by more than 2 billion during 2017-2021. Such an increase in number will boost the market growth during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the ambient light sensor market size and actionable market insights on post COVID-19 impact on each segment.

 

Ambient Light Sensor Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 9.02%

Market growth 2022-2026

$ 448.91 million

Market structure

Concentrated

YoY growth (%)

8.41

Regional analysis

APAC, Europe, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 39%

Key consumer countries

US, China, Japan, Germany, and UK

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

ams AG, Broadcom Inc., Carlo Gavazzi Holding AG, DFRobot Corp., EVERLIGHT ELECTRONICS CO. LTD., Koch Industries Inc., LITE ON Technology Corp., Maxim Integrated Products Inc., Melexis NV, Microsemi Corp., Panasonic Corp., Renesas Electronics Corp., ROHM Co. Ltd., Semiconductor Components Industries LLC, Sensortek Inc., Silicon Laboratories Inc., STMicroelectronics NV., Texas Instruments Inc., Vishay Intertechnology Inc., and Nisshinbo Holdings Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

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What are the Key Data Covered in this Ambient Light Sensor Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive ambient light sensor market growth during the next five years
  • Precise estimation of the ambient light sensor market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the ambient light sensor industry across APAC, Europe, North America, South America, and Middle East and Africa
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of ambient light sensor market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Bargaining power of buyers – Impact of key factors in 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Type

    • 5.1 Market segments
      • Exhibit 24: Chart on Type - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Type - Market share 2021-2026 (%)
    • 5.2 Comparison by Type
      • Exhibit 26: Chart on Comparison by Type
      • Exhibit 27: Data Table on Comparison by Type
    • 5.3 Digital - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Digital - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on Digital - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on Digital - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Digital - Year-over-year growth 2021-2026 (%)
    • 5.4 Analog - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Analog - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on Analog - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on Analog - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Analog - Year-over-year growth 2021-2026 (%)
    • 5.5 Market opportunity by Type
      • Exhibit 36: Market opportunity by Type ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 40: Chart on Geographic comparison
      • Exhibit 41: Data Table on Geographic comparison
    • 7.3 APAC - Market size and forecast 2021-2026
      • Exhibit 42: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 43: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 44: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 45: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.4 Europe - Market size and forecast 2021-2026
      • Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.5 North America - Market size and forecast 2021-2026
      • Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.6 South America - Market size and forecast 2021-2026
      • Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.7 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.8 US - Market size and forecast 2021-2026
      • Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.9 China - Market size and forecast 2021-2026
      • Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.10 Japan - Market size and forecast 2021-2026
      • Exhibit 70: Chart on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on Japan - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on Japan - Year-over-year growth 2021-2026 (%)
    • 7.11 Germany - Market size and forecast 2021-2026
      • Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.12 UK - Market size and forecast 2021-2026
      • Exhibit 78: Chart on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 82: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 85: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 86: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 87: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 88: Matrix on vendor position and classification
            • 10.3 ams AG
              • Exhibit 89: ams AG - Overview
              • Exhibit 90: ams AG - Business segments
              • Exhibit 91: ams AG - Key news
              • Exhibit 92: ams AG - Key offerings
              • Exhibit 93: ams AG - Segment focus
            • 10.4 Broadcom Inc.
              • Exhibit 94: Broadcom Inc. - Overview
              • Exhibit 95: Broadcom Inc. - Business segments
              • Exhibit 96: Broadcom Inc. - Key offerings
              • Exhibit 97: Broadcom Inc. - Segment focus
            • 10.5 Maxim Integrated Products Inc.
              • Exhibit 98: Maxim Integrated Products Inc. - Overview
              • Exhibit 99: Maxim Integrated Products Inc. - Business segments
              • Exhibit 100: Maxim Integrated Products Inc. - Key offerings
              • Exhibit 101: Maxim Integrated Products Inc. - Segment focus
            • 10.6 Panasonic Corp.
              • Exhibit 102: Panasonic Corp. - Overview
              • Exhibit 103: Panasonic Corp. - Business segments
              • Exhibit 104: Panasonic Corp. - Key offerings
              • Exhibit 105: Panasonic Corp. - Segment focus
            • 10.7 Renesas Electronics Corp.
              • Exhibit 106: Renesas Electronics Corp. - Overview
              • Exhibit 107: Renesas Electronics Corp. - Business segments
              • Exhibit 108: Renesas Electronics Corp. - Key offerings
              • Exhibit 109: Renesas Electronics Corp. - Segment focus
            • 10.8 ROHM Co. Ltd.
              • Exhibit 110: ROHM Co. Ltd. - Overview
              • Exhibit 111: ROHM Co. Ltd. - Business segments
              • Exhibit 112: ROHM Co. Ltd. - Key news
              • Exhibit 113: ROHM Co. Ltd. - Key offerings
              • Exhibit 114: ROHM Co. Ltd. - Segment focus
            • 10.9 Semiconductor Components Industries LLC
              • Exhibit 115: Semiconductor Components Industries LLC - Overview
              • Exhibit 116: Semiconductor Components Industries LLC - Business segments
              • Exhibit 117: Semiconductor Components Industries LLC - Key offerings
              • Exhibit 118: Semiconductor Components Industries LLC - Segment focus
            • 10.10 STMicroelectronics NV.
              • Exhibit 119: STMicroelectronics NV. - Overview
              • Exhibit 120: STMicroelectronics NV. - Business segments
              • Exhibit 121: STMicroelectronics NV. - Key news
              • Exhibit 122: STMicroelectronics NV. - Key offerings
              • Exhibit 123: STMicroelectronics NV. - Segment focus
            • 10.11 Texas Instruments Inc.
              • Exhibit 124: Texas Instruments Inc. - Overview
              • Exhibit 125: Texas Instruments Inc. - Business segments
              • Exhibit 126: Texas Instruments Inc. - Key offerings
              • Exhibit 127: Texas Instruments Inc. - Segment focus
            • 10.12 Vishay Intertechnology Inc.
              • Exhibit 128: Vishay Intertechnology Inc. - Overview
              • Exhibit 129: Vishay Intertechnology Inc. - Business segments
              • Exhibit 130: Vishay Intertechnology Inc. - Key news
              • Exhibit 131: Vishay Intertechnology Inc. - Key offerings
              • Exhibit 132: Vishay Intertechnology Inc. - Segment focus

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 133: Inclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 134: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 135: Research methodology
                • Exhibit 136: Validation techniques employed for market sizing
                • Exhibit 137: Information sources
              • 11.5 List of abbreviations
                • Exhibit 138: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
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              Ambient Light Sensor market growth will increase by $448.91 million during 2021-2026.
              The ambient light sensor market is expected to grow at a CAGR of 9.02% during 2021-2026.
              Technavio has segmented the ambient light sensor market by type (Digital and Analog) and geographic (APAC, Europe, North America, South America, and Middle East and Africa).
              ams AG, Broadcom Inc., Carlo Gavazzi Holding AG, DFRobot Corp., EVERLIGHT ELECTRONICS CO. LTD., Koch Industries Inc., LITE ON Technology Corp., Maxim Integrated Products Inc., Melexis NV, Microsemi Corp., Panasonic Corp., Renesas Electronics Corp., ROHM Co. Ltd., Semiconductor Components Industries LLC, Sensortek Inc., Silicon Laboratories Inc., STMicroelectronics NV., Texas Instruments Inc., Vishay Intertechnology Inc., Nisshinbo Holdings Inc. are a few of the key vendors in the ambient light sensor market.
              APAC will register the highest growth rate of 38.56% among the other regions. Therefore, the ambient light sensor market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the ambient light sensor market growth are:
              • Increasing adoption of ambient light sensors in automotive displays
              • Rise in merger and acquisition activities
              The ambient light sensor market vendors should focus on grabbing business opportunities from the digital segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
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