Albany, NY -- (SBWIRE) -- 09/13/2016 -- Light sensors are also known as photoelectric devices or photo sensors, as they convert light energy into electricity. Photoelectric devices are categorized into two types, photovoltaic or photoemissive, which generate electricity when illuminated, and photo-resistors or photoconductors, which alter their electrical properties in some ways.

Technavios analysts forecast the global light sensor market to grow at a CAGR of 8.25% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global light sensor market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of light sensors.

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The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Light Sensor Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

Ams
Maxim Integrated
ROHM Semiconductor
Vishay Intertechnology
Avago Technologies
ELAN Microelectronics
Everlight Electronics
Heptagon
Sharp
Sitronix Technology

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Market driver

Need for power consumption reduction in mobile devices
For a full, detailed list, view our report

Market challenge

Low profit margins for vendors
For a full, detailed list, view our report

Market trend

Emergence of spectral sensing
For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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