New York, NY -- (SBWIRE) -- 02/09/2018 -- Light source calibration services market reports a wide range of applications, particularly in the testing of displays for aviation, automobiles, computers and smart devices, LEDs and other solid state lighting, fluorescent and incandescent lamps, IL luminance, luminance, irradiance, and radiance. Light source calibration services market register significant growth rate, owing to high demand in consumer electronic devices such as smartphones, computers.

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The growth of the global light source calibration services market is driven by growing consumer electronics market and increasing demand for light source calibration services in industries such as bio-suppliers, electronics, automotive, and other equipment. Macroeconomic factors such as growing economy, rapid rate of industrialization, and rapid rate of urbanization driving the global light source calibration services market.

The advantages of light source calibration services including infinite possibilities for unlimited spectra, need single device instead of multiple instruments, and precise calibration using light sources fueling the demand for global light source calibration services market over the forecast period. Major factor trending the global light source calibration services market include the adoption of the light source for calibration of radiant flux, radiance, and spectral irradiance. The company operates in the light source calibration services market can increase its share through collaboration with domestic players as well as through backward integration in the market.

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The global light source calibration services market is segmented on the basis of application, service type, and region. By application, the global light source calibration services segmented into industrial applications and other applications. Industrial applications is further fragmented as industrial and technical photography, diagnostic medical imaging, illuminant or spectrum simulation, OEM camera manufacturing, detector responsively, ambient light sensor calibration, image or camera sensor calibration, and others.

Among these, image or camera sensor calibration sub-segment accounts for significant revenue share in global light source calibration services market. Among application segment, industrial applications segment is growing at a substantial CAGR in global light source calibration services market with relatively high revenue share than other applications segment over the forecast period.