Report ID: SQMIG45J2201
Report ID:
SQMIG45J2201 |
Region:
Global |
Published Date: November, 2024
Pages:
197
|
Tables:
64 |
Figures:
74
The global ambient light sensors market has been dominated by Asia Pacific region holding 40.3% of the total revenue in the year 2023. This dominance is attributed to the increment in the number of purchaser electronics production hubs, specifically in Japan, China, India and South Korea. These countries have majority of production hubs for smartphones, tablets and other consumer electronics. Increasing disposable income per capita is also the reason behind the growth of these devices equipped with ambient light sensors. The presence of key market players in this region sets Asia-Pacific as longer as a dominating region within the market.
Based on SkyQuest’s in-depth analysis, we found that Europe is experiencing rapid growth within the global ambient light sensors market. This region is estimated to grow with the CAGR at 6.4% in the projected period. This increase is surged due to the growing integration of ambient light sensors in automobile, consumer electronics, and smart home applications. Additionally, the region’s emphasis on advancing automobile technology such as autonomous vehicles.
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Report ID: SQMIG45J2201