February 17, 2025
Global Light Sensors Market

The Light Sensors Market is Driven by Increasing Automation in Industries

Light sensors are devices that are used to detect visible light, infrared light, or ultraviolet light. They are commonly used in optical sensors, camera modules, street lights, proximity sensing, optical communication, and optical mouse sensors. Light sensors have wide applications in smartphones, cameras, laptops, and street lights as they help save energy by automatically switching lights on or off based on environmental light levels. They also assist in automatic dimming of display brightness based on ambient light conditions. With growing automation and adoption of Internet of Things across various industries like manufacturing, automotive, healthcare, energy, and agriculture, demand for light sensors is increasing. Use of light sensors enables automatic control and monitoring of various processes without human intervention thereby improving productivity and efficiency.

The global Light Sensors Market is estimated to be valued at US$ 3.52 Bn in 2023 and is expected to exhibit a CAGR of 4.5% over the forecast period 2023 to 2031, as highlighted in a new report published by Coherent Market Insights.

Market key trends:
One of the key trends in the light sensors market is the growing adoption of intelligent lighting systems. Intelligent lighting utilizes light sensors, motion sensors, and networking capabilities to automatically adjust illumination based on occupancy, daylight availability, and preset conditions. It enables lights to be dimmed or brightened based on the amount of natural light in a room through light sensors. This significantly improves energy efficiency by reducing wasted light and saving electricity. Manufacturers are increasingly focusing on developing smart, networked, and energy-efficient light sensor solutions for controlling intelligent lightings in homes, offices, street lights, and other commercial buildings. Rapid growth in smart cities infrastructure projects worldwide will further drive demand for intelligent street lighting integrated with light sensors over the forecast period.

Porter’s Analysis
Threat of new entrants: The threat of new entrants into the light sensors market is low due to the significant capital requirements to build a production facility and establish distribution channels in the industry.
Bargaining power of buyers: The bargaining power of buyers in the light sensors market is moderate as buyers have limited options for suppliers and rely heavily on imports.
Bargaining power of suppliers: The bargaining power of suppliers in the light sensors market is moderate as major suppliers have control over key technologies and raw materials required for production.
Threat of new substitutes: The threat of substitutes for light sensors is low as there are limited product substitutes that can provide accuracy and functionality of light sensors.
Competitive rivalry: Competition in the light sensors market is high between major players to gain market share through product innovation and expanding regional presence.

Key Takeaways
The Global Light Sensors Market Size is expected to witness high growth.

Regional analysis:

The Asia Pacific region dominates the light sensors market and is expected to grow at the fastest rate during the forecast period driven by expanding consumer electronics and automobile industries in China, Japan, India, and South Korea.

Key players operating in the light sensors market are Comvita, Bee Health, Natural Life, Manuka Health New Zealand, Zhifengtang, Wang€TMs, Bricaas, Baoshengyuan, Zhonghong Biological, Baoshengyuan.

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it

Money Singh
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Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemical and materials, defense and aerospace, consumer goods, etc. 

Money Singh

Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemical and materials, defense and aerospace, consumer goods, etc. 

View all posts by Money Singh →