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Handset Proximity Sensors Market - Forecast(2024 - 2030)
Handset Proximity Sensors Market Overview
The Handset Proximity Sensors Market size is
estimated to reach US$4.0 billion by 2027, growing at a CAGR of 7.24% from 2022
to 2027. This growth is primarily attributed to the rising digitalization,
technological advancements in microelectromechanical sensors and rising demand
for consumer electronics. These handset proximity sensors are primarily seen in
touchscreen smartphones and these sensors have a wide range of applications
such as hand gesture detection and preventing accidental touches thereby making use of the smartphones more convenient. To detect nearby objects without
physical contact proximity sensors emit a beam of electromagnetic radiation
and look for changes in the field or return signals. A proximity sensor
adjusted to a very short range is often used as a touch switch. These touch
switch sensors send electrical signals from physical touch to the processors to
perform the specified task. Additionally, the rapid growth of smartphone
industries along with continuous R&D investments in new technologies is
boosting the adoption of proximity sensors thereby positively influencing the
Handset Proximity Sensors Industry Outlook. In recent times, smartphones are
equipped with various kind of sensors, especially proximity sensors such as
optical displacement sensor, ultrasonic displacement sensors and others which
helps proximity sensors to measure the distance by analyzing light source or
sound source. These factors increase the demand for proximity sensors and will
boost the Handset Proximity Sensors Industry over the forecast period.
Report Coverage
The report: “Handset Proximity Sensors Industry Outlook
– Forecast (2022-2027)” by IndustryARC, covers an in-depth analysis of the
following segments in the Handset Proximity Sensors industry.
By Sensor Type: Electrical, Optical, Sonar and Magnetic.
By Product Type: Optical Displacement Sensor,
Ultrasonic Displacement Sensor, Linear Proximity Sensor and Others.
By Application: High-End Smartphones,
Mid-Range Smartphones and Low-end Smartphones.
By Geography: North America (the U.S., Canada,
Mexico), South America (Brazil, Argentina, Others), Europe (the UK, Germany, France,
Italy, Spain, Others), APAC (China, Japan, South Korea, India, Australia, Others)
and RoW (Middle East, Africa).
Key Takeaways
- In the Handset Proximity Sensors market report, the Optical Displacement Sensors segment is analyzed to grow at a significant rate with a CAGR of 7.85% during the forecast period 2022-2027. This growth is due to technological advancements in Sensors Market, growing demand for consumer electronics and the growing smartphone industry.
- Based on the Application in Handset Proximity Sensors Market report, the High-End Smartphones segment is expected to grow at the highest rate with a CAGR of 8.4% during the forecast period owing to factors such as technological advancements in proximity sensors and growing demand for high-end smartphones across the globe.
- APAC region had the largest share with a market share of 38% in the global Handset Proximity Sensors Market size, owing to factors such as large population, increased smartphone demand and presence of major manufacturers.
Handset Proximity Sensors Market Value Share, By Region, 2021 (%)
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Handset
Proximity Sensors Market Segment Analysis - by Product Type
By Product Type, Optical Displacement Sensors in Handset Proximity Sensors Market report is analyzed to grow with the highest CAGR of 7.85% during the forecast period 2022-2027. This growth is attributed to the technological advancements in the MEMS market, growing demand for consumer electronics and the growing smartphone market. Optical displacement sensors can detect distance, size, color, shape, presence and a variety of other attributes of the target object. Additionally, lower cost and longer sustainability features coupled with the increase in investments in R&D activities for the development of advanced sensors boost the Optical Displacement Sensors segment and thereby boost the Handset Proximity Sensors Market size. In September 2020, AMS Osram launched TMD3719 which is the industry’s first optical sensor that is integrated with ambient light sensing, proximity detection and others. As a result, these factors are positively influencing the Handset Proximity Sensors Industry Outlook.
Handset
Proximity Sensors Market Segment Analysis - by Application
Based on Application, the high-end smartphones segment in the Handset
Proximity Sensors Market report is analyzed to grow at the highest CAGR of 8.4%
during the forecast period 2022-2027. The growth is due to factors such as growing demand
for smartphones across the globe, technological advancements in proximity
sensors and continuous R&D investments for innovative proximity sensors
technologies. As high-end smartphones cater to a particular set of consumers
because they are highly-priced, many innovative and technologically
advanced proximity sensors can be placed in them such as ultrasonic
displacement sensors, linear proximity sensors and others. For instance, In
July 2020, Osram launched new proximity sensor TMD2755 which reduced
smartphones' bezel and increased the touch switches for the proximity sensors
over the display panel. These advanced features in high-end smartphones will
increase the demand for the high-end smartphone segment which in turn boosts the
Handset Proximity Sensors Industry.
Handset Proximity Sensors Market Segment Analysis - by Geography
APAC dominated the global market for Handset Proximity Sensors Market with a market share of 38% in 2021 and is also analyzed to have significant growth over the forecasting period. This growth is owing to factors such as the large population of the countries in this region, growing demand for smartphones and the presence of major smartphones and sensors manufacturers in the region. China is the largest manufacturer of smartphones as well as the largest smartphone market. In FY 2021, 329.3 million units of smartphones were shipped in China, which requires the usage of proximity sensors and other sensors. This tremendous growth across the APAC region will boost the adoption of proximity sensors and; thereby increasing the Handset Proximity Sensors Market size.
Handset
Proximity Sensors Market Drivers
Growing demand for smartphones and miniaturized consumer electronics will boost the Handset Proximity Sensors Market Growth
Due to rapid
digitalization and technological advancements, the demand for smartphones and
wearable devices are constantly rising. As wearable devices are continuously
being miniaturized and smartphones are getting new innovative features every
passing day, the demand for proximity sensors is continuously increasing in
these kinds of devices. As proximity sensors are equipped with hand gesture
detection, optical detection, sonar detection and others, the applicability of
these sensors is rising significantly which boosts the adoption of handset
proximity sensors. In May 2021, Sharp Fukuyama launched the GP2AP130S00F proximity
sensor which is the industry’s smallest proximity sensor that can be integrated
with TWS earbuds used with smartphones, VR googles and smart glasses. These new
innovations are positively influencing the Handset Proximity Sensors industry
outlook.
The development of advanced proximity and displacement sensors will drive the Handset Proximity Sensors industry forward
Proximity sensors emit a beam of electromagnetic radiation to detect nearby objects without any physical contact. Due to technological advancements and the development of new advanced and innovative proximity and displacement sensors usage of smartphones become more convenient through hand gesture detection, touch switch sensors, optical sensors and others. Additionally, high accuracy, increased repeatability and increasing demand for contactless sensing technology uplift the Handset Proximity Sensors Market. AMS launched its new proximity sensor TMD2636 which can be used in smartphones and truly wireless stereo earbuds. These new innovations will continue to boost the Handset Proximity Sensors Market size.
Handset Proximity Sensors Market Challenges
High Initial Investment for production and increased cost of technology due to the miniaturization of proximity sensors will hinder the market growth
The high initial investment required for the implementation of integrated systems is expected to stifle market growth. Due to their smaller size and compactness, the cost of producing these technologies is getting higher. This results in higher prices of end products such as mobile phones, tablets, laptops and others. Additionally, the complexities of these integrated circuits and the lower availability of skilled professionals for the deployment of such technologies hampers the Handset Proximity Sensors market growth.
Handset Proximity Sensors Industry Outlook
Product launches, collaborations, and R&D activities are key strategies adopted by players in the Handset Proximity Sensors Market. Handset Proximity Sensors' top 10 companies include:
1. AMS AG
2. Osram
3. Vishay Intertechnology
4. Panasonic
5. AMS-TAOS
6. MAXIM
7. Heptagon
8. Avago
9. Sharp Fukuyama
10. Epticore
Recent Developments
- In February 2022, Elliptic Lab’s AI Virtual Proximity Sensors launched on Xiamoi’s new K50 smartphone. This AI Virtual Proximity Sensor replaces hardware sensors which promise better functionality. These new innovations will boost the Handset Proximity Sensors industry.
- In May 2021, Vishay Intertechnology launched its new VCNL36825T proximity sensor. The electromagnetic radiation emitted by this handset proximity sensor can detect if users are wearing TWS earphones connected with smartphones or not and thereby conserving battery for the devices. This is expected to increase the company’s share in the Handset Proximity Sensors Market.
- In March 2020, AMS AG launched a new in-display ambient light and proximity sensor solution for smartphones with OLED displays. This is poised to increase the company’s market share in the Handset Proximity Market size.
Relevant Reports:
Report
Code: AIR 0115
Report
Code: ESR 44343
Report Code: AIR 0069
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