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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.
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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.
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.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
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
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.
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.
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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.
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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.
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Ambient Light Sensor Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2021 |
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Forecast period |
2022-2026 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 9.02% |
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Market growth 2022-2026 |
$ 448.91 million |
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Market structure |
Concentrated |
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YoY growth (%) |
8.41 |
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Regional analysis |
APAC, Europe, North America, South America, and Middle East and Africa |
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Performing market contribution |
APAC at 39% |
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Key consumer countries |
US, China, Japan, Germany, and UK |
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Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
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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. |
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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 |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Type
6 Customer Landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
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.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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