The Latin America, Middle East and Africa Light Sensor Market would witness market growth of 13.7% CAGR during the forecast period (2020-2026).
Light sensors are an integral element used in rising smart city applications and tech innovations. These new technologies are often supported by Artificial Intelligence (AI) and Machine Learning. Development in industrial automation advances in the telecommunication industry and a rise in IoT and connected devices are some of the factors that boost the growth of the light sensors market. There is a high impact of photonics applications in smart city infrastructure with respect to communication technologies, sensing, and smart lighting. At the same time, a few other rising technologies like nanoscale photonics are also seeing huge demand in smart city infrastructure, hence driving the demand for light sensors.
Furthermore, benefits of ambient light sensors like flexibility for industrial design, energy efficient solutions, small form factor, and compactness is making them appropriate for several applications in smart homes, security lighting, robotics, medical devices, automotive, IoT hubs, consumer electronics and among others. Moreover, various types of ambient light sensors are accessible based on wide range of output and sensing need as per the application. Ambient light sensors are also utilized in several applications for building automation control and smart home devices like day time & night time determination, automated closure of drapes, and protection of light sensitive goods.
Based on Function, the market is segmented into Proximity Detection, Ambient Light Sensing, RGB Color Sensing, Gesture Recognition and Others. Based on Output, the market is segmented into Digital and Analog. Based on End User, the market is segmented into Consumer Electronics, Automotive, Healthcare, Industrial and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: Light Sensor Market in LAMEA is expected to register a CAGR of 13.7% during the forecast period (2020-2026)
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Broadcom, Inc., Analog Devices, Inc., Cognizant Technology Solutions Corporation, Samsung Electronics Co., Ltd. (Samsung Group), STMicroelectronics N.V., Sharp Corporation, Rohm Semiconductors Co., Ltd., Vishay Intertechnology, Inc., Everlight Electronics Co., Ltd. and AMS AG.
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Companies Profiled
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