Report ID: SQMIG45J2201
Report ID:
SQMIG45J2201 |
Region:
Global |
Published Date: February, 2024
Pages:
197
|
Tables:
64 |
Figures:
74
Ambient Light Sensor Market size was valued at USD 1.81 billion in 2022 and is poised to grow from USD 1.88 billion in 2023 to USD 4.17 billion by 2031, growing at a CAGR of 11.11% in the forecast period (2024-2031).
Ambient Light Sensor market is experiencing significant growth fueled by the surging demand for energy saving and smart lighting solutions. The ambient light sensors are primarily used in consumer electronics, automotive, and Industrial applications. Consumer electronics is the dominating application within the market due to its use in various devices such as smartphones, tablets, laptops, smart tv and others consumer electronics. These sensors are use to adjust brightness automatically by measuring the ambient light in these devices. ALS is also used in automotive sector. It can adjust the lighting in car’s interior and displays based on the human eye’s perception of light, irrespective of weather conditions or outside brightness.
Based on SkyQuest’s in-depth analysis, we found that number of patent application performed for the 2013-2023 period has been registering strong growth in the past decade. There has been a growth in the number of patent applications in this sector that has gone up from 12,802 in the year 2013 to approximately 29,374 in the year 2023 thus pointing to the fact that there has been growing interest and investment on ALS technology. The growth is mainly attributed due to the increased use of modern technologies to develop devices more efficient. The relatively more significant number of granted patents, from 6921 in 2013 to 18785 in 2023, is also an indication of the growth of ALS technology and successful market application. The granted patents in the peak years, particularly the years 2019 and 2020, remind about the growing market interest due to the progress made in manufacturing and the development of complex sensor solutions.
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Report ID: SQMIG45J2201