Ultraviolet (UV) Sensor Market by End-user and Geography - Forecast and Analysis 2021-2025

  • Published: Oct 2021
  • Pages: 120
  • SKU: IRTNTR45401
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The ultraviolet (UV) sensor market share should rise by USD 2.14 billion from 2021 to 2025 at a CAGR of 20.64%.

This ultraviolet (UV) 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 market segmentation by end-user (industrial, automotive, consumer electronics, medical, and others) and geography (APAC, North America, Europe, South America, and MEA). The ultraviolet (UV) sensor market report also offers information on several market vendors, including Broadcom Inc., Davis Instruments Corp., LAPIS Semiconductor Co. Ltd., Panasonic Corp., Silicon Laboratories Inc., Skye Instruments Ltd., Solar Light Co. Inc., STMicroelectronics NV., and Vishay Intertechnology Inc. among others.

What will the Ultraviolet (UV) Sensor Market Size be in 2021?

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Ultraviolet (UV) Sensor Market: Key Drivers and Trends

Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The increasing investments in the global smartphone market are notably driving the ultraviolet (UV) sensor market growth, although factors such as technical challenges with UV sensors 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 ultraviolet (UV) sensor industry. The holistic analysis of the drivers will help in predicting end goals and refining marketing strategies to gain a competitive edge.

This ultraviolet (UV) 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 2021-2025.

Who are the Major Ultraviolet (UV) Sensor Market Vendors?

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

 

  • Broadcom Inc.
  • Davis Instruments Corp.
  • LAPIS Semiconductor Co. Ltd.
  • Panasonic Corp.
  • Silicon Laboratories Inc.
  • Skye Instruments Ltd.
  • Solar Light Co. Inc.
  • STMicroelectronics NV.
  • Vishay Intertechnology Inc.

 

The vendor landscape of the ultraviolet (UV) sensor market entails successful business strategies deployed by the vendors. The ultraviolet (UV) sensor market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. 

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.

Download a free sample of the ultraviolet (UV) sensor market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Ultraviolet (UV) Sensor Market?

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38% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for ultraviolet (UV) sensors in APAC. 

The report offers an up-to-date analysis of the geographical composition of the market. APAC has been recording a significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. Improved efficiency in the automotive segment will facilitate the ultraviolet (UV) sensor market growth in APAC over the forecast period. The report offers an up-to-date analysis of the geographical composition of the market, competitive intelligence, and regional opportunities in store for vendors.

What are the Revenue-generating End-user Segments in the Ultraviolet (UV) Sensor Market?

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The ultraviolet (UV) sensor market share growth by the industrial segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency.

This report provides an accurate prediction of the contribution of all the segments to the growth of the ultraviolet (UV) sensor market size. Furthermore, our analysts have indicated actionable market insights on post COVID-19 impact on each segment, which is crucial to predict change in consumer demand.

Ultraviolet (UV) Sensor Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 20.64%

Market growth 2021-2025

$ 2.14 billion

Market structure

Fragmented

YoY growth (%)

12.23

Regional analysis

APAC, North America, Europe, South America, and MEA

Performing market contribution

APAC at 38%

Key consumer countries

US, China, Germany, Japan, and UK

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Companies profiled

Broadcom Inc., Davis Instruments Corp., LAPIS Semiconductor Co. Ltd., Panasonic Corp., Silicon Laboratories Inc., Skye Instruments Ltd., Solar Light Co. Inc., STMicroelectronics NV., and Vishay Intertechnology Inc.

Market Dynamics

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

Customization purview

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What are the Key Factors Covered in this Ultraviolet (UV) Sensor Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive ultraviolet (UV) sensor market growth during the next five years
  • Precise estimation of the ultraviolet (UV) sensor market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the ultraviolet (UV) sensor market across APAC, North America, Europe, South America, and MEA 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of ultraviolet (UV) sensor market vendors

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by End-user

    • Market segments
    • Comparison by End-user
    • Industrial - Market size and forecast 2020-2025
    • Automotive - Market size and forecast 2020-2025
    • Consumer electronics - Market size and forecast 2020-2025
    • Medical - Market size and forecast 2020-2025
    • Others - Market size and forecast 2020-2025
    • Market opportunity by End-user

    Customer landscape

    • Overview

    Geographic Landscape

    • Geographic segmentation
    • Geographic comparison
    • APAC - Market size and forecast 2020-2025
    • North America - Market size and forecast 2020-2025
    • Europe - Market size and forecast 2020-2025
    • South America - Market size and forecast 2020-2025
    • MEA - Market size and forecast 2020-2025
    • Key leading countries
    • Market opportunity by geography
    • Market drivers
    • Market challenges
    • Market trends

    Vendor Landscape

    • Overview
    • Landscape disruption

    Vendor Analysis

    • Vendors covered
    • Market positioning of vendors
    • Broadcom Inc.
    • Davis Instruments Corp.
    • LAPIS Semiconductor Co. Ltd.
    • Panasonic Corp.
    • Silicon Laboratories Inc.
    • Skye Instruments Ltd.
    • Solar Light Co. Inc.
    • STMicroelectronics NV.
    • Vishay Intertechnology Inc.

    Appendix

    • Scope of the report
    • Currency conversion rates for US$
    • Research methodology
    • 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
    Interested in this report?
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    The ultraviolet (uv) market growth will increase by $2692.56 million during 2019-2024.
    The ultraviolet (uv) market is expected to grow at a CAGR of 22.92% during 2019-2024.
    Technavio has segmented the ultraviolet (uv) market by end user (Industrial, Automotive, Consumer electronics, Medical, and Others) and geographic (APAC, North America, Europe, South America, and MEA).
    Broadcom Inc., Davis Instruments Corp., LAPIS Semiconductor Co. Ltd., Panasonic Corp., Silicon Laboratories Inc., Skye Instruments Ltd., Solar Light Co. Inc., STMicroelectronics NV, Vernier Software & Technology LLC, Vishay Intertechnology Inc. are a few of the key vendors in the ultraviolet (uv) market.
    APAC will register the highest growth rate of 37.82% among the other regions. Therefore, the ultraviolet (uv) market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
    The key factors driving the ultraviolet (uv) market growth are:
    • Increasing investments in global smartphone market
    The ultraviolet (uv) market vendors should focus on grabbing business opportunities from the industrial segment as it accounted for the largest market share in the base year.
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