Market Overview:
The global light measurement sensor market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for solar energy, automotive, and industrial applications. In addition, the growing awareness about energy conservation is also propelling the growth of this market. Based on type, photoresistors are expected to lead the global light measurement sensor market during the forecast period from 2018 to 2030. This can be attributed to their low cost and high sensitivity towards light radiation.
Product Definition:
A light measurement sensor is a device that is used to measure the amount of light present in a particular area. This information can be used to adjust the lighting in a space, or to determine how much sunlight is reaching a particular location.
Photoresistors:
Photoresistors are a type of semiconductor that acts as an on-off switch when exposed to light; they are widely used in sensors for detecting or measuring light. The growth factor in the sensor market is the increasing demand for sensing applications across various industry verticals such as automotive, consumer electronics, healthcare and life sciences, industrial automation and energy management among others.
Photodiodes:
Photodiodes are detectors that convert incident light into electric signals. They are used in various applications such as optical Time Domain Reflectometry (OTDR), photometric measurement of light, and detection of the presence or absence of objects in a field. Photodiodes can be categorized on the basis of application into time-domain reflectometry, intensity- domain reflectometry, and polarimetry.
Application Insights:
The automotive segment accounted for the largest revenue share in 2016 and is projected to continue its dominance over the forecast period. The growing need for light measurement sensors in automobiles is driven by various applications such as headlamps, daytime running lights, and exterior lighting. The other major application areas include solar, industrial machinery & equipment, agriculture machinery & equipment and medical equipment.
The solar segment is expected to witness a significant CAGR of XX% from 2017 to 2030 owing to increasing demand across end-use industries such as building & construction; energy; electronics; photovoltaic (PV) inverters; PV panels etcetera. Light measurement sensors are used in numerous applications including architectural lighting design guidelines based on measured sunlight exposure data which helps reduce energy consumption by avoiding unnecessary illumination of spaces or objects etcetera.
Regional Analysis:
North America dominated the global light measurement sensor market in 2017. This can be attributed to the presence of major players, technological advancements, and high demand for sensors with enhanced performance characteristics. The region is expected to maintain its dominance over the forecast period as well due to increasing investments in R&D activities and collaborations among various organizations for developing innovative sensing solutions.
The Asia Pacific regional market is anticipated to witness significant growth over the forecast period owing to rising industrialization and expansion of manufacturing facilities by key players operating in this region along with growing adoption of these sensors across numerous applications such as solar energy, automotive lighting, security & surveillance systems etc. Moreover, increasing government initiatives are also driving demand for light-based sensing solutions across industries such as healthcare & life sciences; transportation & logistics; building automation; consumer electronics; etc., which will drive growth further on account of cost-effective nature compared to other conventional technologies used for measuring physical quantities.
Growth Factors:
- Increasing demand for light measurement sensors in the automotive industry for advanced driver assistance systems (ADAS) and autonomous vehicles.
- Rapid growth of the LED lighting market, as it is more energy efficient and environmentally friendly than traditional lighting technologies. This is expected to drive demand for light measurement sensors in the near future.
- Growing popularity of OLED displays in smartphones and other consumer electronics devices, as they offer better picture quality than LCDs. This is likely to spur demand for light measurement sensors in these applications as well.
- Proliferation of Internet-of-Things (IoT) devices, which need accurate sensing of ambient light levels to optimize performance and extend battery life.
Scope Of The Report
Report Attributes
Report Details
Report Title
Light Measurement Sensor Market Research Report
By Type
Photoresistors, Photodiodes, Phototransistor
By Application
Solar, Automotive, Industrial, Agriculture, Other
By Companies
Sharp, EMX Industries, Inc, Finder, Seeedstudio, PASCO, Vernier
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Light Measurement Sensor Market Report Segments:
The global Light Measurement Sensor market is segmented on the basis of:
Types
Photoresistors, Photodiodes, Phototransistor
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Solar, Automotive, Industrial, Agriculture, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Sharp
- EMX Industries, Inc
- Finder
- Seeedstudio
- PASCO
- Vernier
Highlights of The Light Measurement Sensor Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Photoresistors
- Photodiodes
- Phototransistor
- By Application:
- Solar
- Automotive
- Industrial
- Agriculture
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Light Measurement Sensor Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A light measurement sensor is a device that measures the amount of light that falls on it. This information can be used to determine the brightness of a light source.
Some of the major companies in the light measurement sensor market are Sharp, EMX Industries, Inc, Finder, Seeedstudio, PASCO, Vernier.
The light measurement sensor market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Light Measurement Sensor Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Light Measurement Sensor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Light Measurement Sensor Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Light Measurement Sensor Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Light Measurement Sensor Market Size & Forecast, 2020-2028
4.5.1 Light Measurement Sensor Market Size and Y-o-Y Growth
4.5.2 Light Measurement Sensor Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Photoresistors
5.2.2 Photodiodes
5.2.3 Phototransistor
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Solar
6.2.2 Automotive
6.2.3 Industrial
6.2.4 Agriculture
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Light Measurement Sensor Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Light Measurement Sensor Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Photoresistors
9.6.2 Photodiodes
9.6.3 Phototransistor
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Solar
9.10.2 Automotive
9.10.3 Industrial
9.10.4 Agriculture
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Photoresistors
10.6.2 Photodiodes
10.6.3 Phototransistor
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Solar
10.10.2 Automotive
10.10.3 Industrial
10.10.4 Agriculture
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Photoresistors
11.6.2 Photodiodes
11.6.3 Phototransistor
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Solar
11.10.2 Automotive
11.10.3 Industrial
11.10.4 Agriculture
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Photoresistors
12.6.2 Photodiodes
12.6.3 Phototransistor
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Solar
12.10.2 Automotive
12.10.3 Industrial
12.10.4 Agriculture
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Photoresistors
13.6.2 Photodiodes
13.6.3 Phototransistor
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Solar
13.10.2 Automotive
13.10.3 Industrial
13.10.4 Agriculture
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Light Measurement Sensor Market: Competitive Dashboard
14.2 Global Light Measurement Sensor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sharp
14.3.2 EMX Industries, Inc
14.3.3 Finder
14.3.4 Seeedstudio
14.3.5 PASCO
14.3.6 Vernier
