According to a new market research report published by sheer analytics and insights, “The Global Light Sensor Market was valued at $2.54 Billion in 2020. Growing at a high CAGR of more than 10.5% between 2021 and 2031, it is estimated to reach $7.8 Billion by 2031, as per the latest market research report titled Global Light Sensor Market - Industry analysis, size, share, growth, trends, and forecast, 2021 – 2031.
Increased use of consumer electronics, miniaturization of the sensors, and the increased demand for implementing renewable energy will help to accelerate the growth of this market during the forecasted period. Also, the advancements in smart homes, the automotive sector, outdoor lighting will help the market to grow during the forecasted period. Also, the current COVID-19 pandemic has affected the economy globally and has hampered the global chains, causing short-term market uncertainty.
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Geographically, The Global Light Sensor Market is divided into global regions like North America, Europe, Asia- Pacific, Latin America, Middle East, and Africa.
List of Companies Covered:
AMS AG
Analog Devices, Inc.
Broadcom Inc.
Elan Microelectronic Corp.
Everlight Electronics Co. Ltd.
Maxim Integrated Products Inc.
ROHM Co. Ltd.
Samsung Electronics Co. Ltd.
Sharp Corporation
Sitronix Technology Corporation
STMicroelectronics NV
Vishay Intertechnology Inc.
The Global Light Sensor Market Has Been Segmented Into:
Global Light Sensor Market, By Function Type
Global Light Sensor Market, By Outlook
Global Light Sensor Market, By End-Use
Global Light Sensor Market, By Region
Click full report at https://www.sheeranalyticsandinsights.com/market-report-research/light-sensor-market-21
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