Global UV Sensor Market 2017-2021
- Published: Sep 2017
- Pages: 66
- SKU: IRTNTR14653
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The UV sensor market size will exceed USD 2.7 billion by 2021. This industry research report provides a comprehensive analysis of the UV sensor market by end user (automotive, consumer electronics, industrial, medical, and others) and by geography (the Americas, APAC, and EMEA). The report also provides an analysis of the market’s competitive landscape and offers information on the key vendors including Broadcom and STMicroelectronics.
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Overview of the global UV sensor market
The UV sensor market will register a CAGR of more than 29% by 2021. The growth of the IoT industry will be one of the primary factors fueling the growth of the UV sensor market during the next few years. Internet of Things (IoT) aids in the connection of electronic devices to the Internet, which in turn, reduces the need for human intervention. To ensure the efficient performance of this technology and to aid in mobile sensing, devices connected to an IoT network use a number of sensors and actuators. In the coming years, IoT will find significance in several applications including wearable devices, smart homes, industrial automation, and automated cars. It has been predicted that the IoT devices market will grow at a significant pace and will be worth almost USD 1.4 billion by 2021. With the growth of the IoT industry, the demand for sensors will subsequently increase, fueling the growth of the UV sensor market.
The use of UV sensors in wearables will be one of the major trends that will gain traction in the UV sensor market during the next few years. Consumers are increasingly adopting wearable devices as a functional addition to their life as these devices monitor the daily activities and health of the individual and also enable connected communication. The integration of UV sensors in wearables devices will help in preventing sunburns and skin blemishes by alerting individuals when the UV levels go beyond danger limits. In addition to wearable devices, these sensors are also used in smartphones. One of the major smartphone manufacturer Samsung has already equipped its Galaxy Note 4 UV sensor. Incorporated with the Samsung's S Health app, the sensor measures UV radiation and prevents users from damaging their skin, which helps in reducing the risk of skin cancer.
Competitive landscape and key vendors
The UV sensor market is highly fragmented due to the presence of several players who offer a diverse range of products to the consumers, primarily to the growing industrial segment. UV manufacturers are constantly focusing on integrating technological innovations and developing new technologies to gain a competitive advantage over the other players. The competition among the vendors in this UV light sensor market is quite intense and is mainly based on factors such as performance, innovation, product features, quality, low selling price, distribution channels, and financial stability.
The leading vendors in the market are:
The other prominent vendors in the market are Balluff, Davis Instruments, LAPIS Semiconductor, Panasonic, Solar Light, and Vernier Software & Technology.
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Segmentation by end user and analysis of the UV sensor market
- Consumer Electronics
Industries deal extensively with flammable materials and they use UV sensors to measure the accuracy and quality of the products. UV sensors are integral in industries applications to detect heat and provide alerts and are mainly used in hazardous and dangerous conditions as they help in increasing the productivity and ensuring the safety of the employees. According to the uv detector industry research and analysis, the industrial segment will be the major end user to this UV sensor market throughout the next four years.
Geographical segmentation and analysis of the UV sensor market
Consumers in the Americas are more aware of the benefits of using UV technology and the usage of UV sensors in smart homes, smart workplaces, and smart buildings. Factors such as the growing number of manufacturing facilities and the increasing investment in process automation and smart production techniques to optimize productivity, enable product tracking, and deliver high-quality products, will contribute to the growth of the UV sensor market in this region.
Key questions answered in the report include
- What will the market size and the growth rate be in 2021?
- What are the key factors driving the global UV sensor market?
- What are the key market trends impacting the growth of the global UV sensor market?
- What are the challenges to market growth?
- Who are the key vendors in the global UV sensor market?
- What are the market opportunities and threats faced by the vendors in the global UV sensor market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the global UV sensor market?
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PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
- Market outline
PART 05: Market landscape
- Market overview
- Market size and forecast
- Five forces analysis
PART 06: Market segmentation by end-user
- Global UV sensor market by end-user
- Global UV sensor market in industrial segment
- Global UV sensor market in consumer electronics segment
- Global UV sensor market in automotive segment
- Global UV sensor market in medical segment
- Global UV sensor market in other segments
PART 07: Geographical segmentation
- Global UV sensor market by geography
- UV sensor market in Americas
- UV sensor market in APAC
- UV sensor market in EMEA
PART 08: Decision framework
PART 09: Drivers and challenges
- Market drivers
- Market challenges
PART 10: Market trends
- Use of UV sensors in wearables
- Emergence of connected living
- Emergence of industrial machine vision
PART 11: Vendor landscape
- Competitive scenario
- Other prominent vendors
PART 12: Key vendor analysis
PART 13: Appendix
- List of abbreviations
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.
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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