In this present era of
digitalization and electrification, energy saving is as imperative as its
consumption. As the modern digital assessments cannot be concluded without the
intervention of electrical power, it is also creating demand for effective measure
aimed at optimum level of energy conservation towards a sustainable future.
Hence, light sensors employed in smartphones, smart homes, automotive, and
industrial settings with mechanisms to detect light to alter or even cease
unnecessary maneuvers are being employed as an effective energy conservation
apparatus. For instance, with the developing trend of ‘home automation’ and
‘factory automation’ in the developed as well as developing economy, both the
domestics as well as industrial spaces are turning out to be avid employers of
light sensors for automation of lighting systems. Devoid of any human
interference, light sensors equipped with ambient light sensing deliver utmost
efficiency in terms of usage and energy utilization to indoor as well as
outdoor lighting systems. Another pivotal as well as bourgeoning application
vertical of lights sensors market are consumer electronics with power consuming
LCD and OLED including smartphones, tablets, televisions, personal computers
and laptops. Apart from energy saving, lights sensors have also
scored tremendous scope of employment in industrial applications such as
colorimetry, that is, detecting the exact color of an object in industrial
processes such as printing, paints and coatings manufacture. Also in cosmetics where
color accuracy is vital light sensors are playing a vital role, and is also a constituent of proximity and distance sensor
employed by robots. In the automotive sector, light sensors are utilized by
OEMs to enhance automation and advanced driver-assistance systems (ADAS),
deemed to be of utmost significance in modern mid-range as well as the premium
segment. Owing to a wide-range of end-user verticals,
and increasing scope of application, global light sensors market size is
evaluated to be $1.74 billion as of 2018. And, with initiatives such as Sustainable
Development Goals (SDGs) by United Nations, and The Energy Conservation Act by
Indian Government, focused on energy savings, the market is estimated to be
progressing at a global CAGR of 9.12% during the forecast period 2019-2025.
Top 3 Light Sensors Market Application Industry:
· Consumer Electronics- Light sensors are the most fundamental component of image sensors and display units installed in mobile phones , hence the former's market is directly proportional to the later's. According to the Global System for Mobile Communications, 2018 concluded with 5.1 billion people globally subscribed to mobile services (67% of global population). And with an estimated 700 million new mobile subscribers by 2025, application of light sensors as a principal instrument of camera and to control power consumption by display units in smartphones is determined to escalate. Light sensors in smart phones equipped with ambient light sensing and proximity sensing systems, facilitates automatic control of display backlight brightness over an extensive array of lighting settings that assist in efficient usage of battery power. Apart from energy saving, the latest application of light sensors integrtaed with image sensors in smartphones is for 3D facial and object sensing, and recognition. Even though mostly employed by flagship products such as Apple’s three latest iPhone’s—the XS, XS Max and XR models and Huawei Mate 20 Pro, it is an opportunity to be capitalized by the manufacturers of light sensors, as devices whose principal utility is sensing alterations in the level of light is harnessed for the use in a wide range of consumer, industrial and scientific applications. Similarly, bourgeoning smart TV market size evaluated to be $130 billion - $140 billion in 2018, is also employing light sensors is order to automatically adjust brightness of displays in accordance to the illuminating conditions of the room. To conclude, it can be stated that with increasing uptake of modern consumer electronics appliances such as smart watch, tablets, and laptops with high-end display units, global light sensor market demand is moving towards exponential growth.
· Home Automation-
Further analysis of the end-user verticals indicates home automation or smart home solutions to be the fastest growing segment, progressing with an application CAGR of 15.47% going through to 2025. As per the Consumer Technology Association, the growth in the smart home technologies in the United States witnesses shipment of 41.2 million smart home solutions units in 2018. This is a significant upsurge in sales by 43% as compared to the preceding year. Since, light sensors are an integral constituent of smart lighting systems, its rampant implementation in the progressively trending ‘smart home or home automation’ solutions is a major market disruptive force. Such developments, amalgamated with governmental interventions, such as United Nation’s Environment objective to implement globally 10 billion high-quality, high-efficiency, and affordable lighting solutions is adding further impetus to light sensors market share. Light sensors apart from efficiently controlling and eradicating the wastage of energy from lighting appliances, are now employed with advanced furniture automation solutions as well. For instance, curtains equipped with light sensors can be drawn automatically in accordance with the sense of sunlight.
As per the findings by the WHO, the number of annual road traffic deaths reached 1.35 million in 2018. With rampant progressions in the automotive sector pertaining to autonomous driving and safety features such as ADAS, the application of light sensors in vehicles is paramount. In automotive sector, light sensors are employed for a variety of safety applications including automatically turning on side lights and headlamps in low lighting conditions, assisting utmost safety and low level of distraction for drivers. Similarly, ambient light sensing matches the brightness of dashboards, courtesy lights, and door lamps to the existing cabin conditions. It is also significantly imperative for dashboards to be accurately luminous as the external light settings changes, so that the instruments remain readable by drivers and passengers. Considering the global fleet of automotive manufactured, estimated to be 98.1 million as of 2018 and increasing demand in electric vehicles market, application of light sensors in automotive is a major factor influencing the market growth.
Out of 700 New Mobile Subscribers by 2025, 39% to Emerge from APAC
Light Sensors are lucrative commodity employed globally in various above mentioned application industries, but after an acute analysis of the regional markets, APAC is reckoned to be the region having the highest market shares. With economies such as India, China and Japan with its intense automotive OEM hubs and India marching towards the apex spot in global smartphone market, APAC had a share of 36.82% in global light sensors market demand in 2018. Technologically advanced countries such as China, Japan and even some parts of India are witnessing tremendous demand in robotics and home automation market. Similarly, application of printers in flourishing textile industry of China and India is also adding impetus to light sensors market. Some factors in support of the above argument-
· According to GSMA, out of the 700 new mobile subscribers by 2025 globally, India is estimated to have a share of 24%, China 8%, Pakistan 4% and Indonesia 3%. As 82% of the APAC market will comprise of smartphones, the demand for light sensors is witness to escalate in this region.
· As per the International Federation of Robotics, Japan is globally the largest supplier of industrial robots. Japanese industrial robot manufacturers delivered more than half (almost 55%) of industrial robots supplied in 2017 globally. Considering the growth, it was a substantial upsurge of 39% than the preceding year. Light sensors such as Infrared (IR) Transceivers, photo resistor, and laser range sensors, are pivotal constituent of proximity and sensors systems equipped in industrial robots.
· China sustained it apex spot in global electric car market with sales in 2018 recorded to be approximately 1.1 million, and with 2.3 million units, it held the largest stock of electric cars.0
Light Sensors Market Companies-
Some of the key players in the global light sensors market are ams AG, Avago Technologies, Heptagon, STMicroelectronics, Samsung Group, Vishay Intertechnology, Maxim Integrated, Everlight Electronics, Texas Instrument, OSRAM Licht AG, Sharp Corporation, and Rohm Semiconductor.
Since strong supply chain is imperative for success in this market and therefore, companies are focusing on collaborating to utilize their ground presence. For instance, AMS, an Austrian manufacturer of high performance sensors and analog ICs, has sealed the contract to purchase 100% of the shares in the color and spectral sensing systems specialist MAZeT (Germany) for an undisclosed amount in cash. The tactical acquirement extends AMS’ market leadership in advanced optical sensors and strengthens AMS’ position in emerging optical sensing applications.
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