Light Sensor Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)

Light Sensor Market is segmented By Function (Ambient Light Sensing, Proximity Detection, RGB Color Sensing, Gesture Recognition, IR Detection), By Ap....

Light Sensor Market Size

Market Size in USD

CAGR11.9%

Study Period2024 - 2031
Base Year of Estimation2023
CAGR11.9%
Market ConcentrationMedium
Major Playersams-OSRAM AG, Analog Devices, Inc., Broadcom Inc., ELAN Microelectronics Corp., Everlight Electronics Co., Ltd.
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
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Light Sensor Market Analysis

The light sensor market is estimated to be valued at USD 4.67 Bn in 2024 and is expected to reach USD 10.24 Bn by 2031. It is estimated to grow at a compound annual growth rate (CAGR) of 11.9% from 2024 to 2031. With rapid advancements in consumer electronics and automation in various industries, the light sensor market is witnessing significant growth.