UV sensors, which convert light (photons) into electric current, are elements highly sensitive to the wavelength of light in the ultra-violet region. Ultra-violet light is classified as ?UV-A?, ?UV-B? and ?UV-C?, depending on the wavelength and as the wavelengths become shorter more damage is caused to life forms. These sensors are used in industrial applications as light source monitors for equipment that sterilizes using UV-C with a short wavelength. Sensors used in our daily lives are primarily intended for detecting UV-A and UV-B ranges with longer wavelengths from UV light that is included in the sun's rays.
Currently, The industry is highly concentrated, technical barriers and financial barriers are relatively high. The companies in the world that produce UV Sensors mainly concentrate in North America, Europe and Japan, Raw materials are also concentrated in these regions. In particular, as the market leader in UV Sensors, Silicon Labs and LAPIS Semiconductor Co., Ltd. take the global sales market share of more than 45%, other key manufacturers include Solar Light Company, Davis Instruments, ST Microelectronics, Vernier, Panasonic, Vishay Semiconductor Opto, Apogee, Broadcom, GenUV, Skye Instruments Ltd, TRI-TRONICS, Adafruit etc. The production of UV Sensors increased from 1294 K Units in 2012 to 3110 K Units in 2016, with an average growth rate of 24.51%. Global UV Sensors capacity utilization rate remained at around 80.90% in 2017.
In consumption market, the growth rate of global consumption is smooth relatively. USA, Japan, and Europe are still the mainly consumption regions due to the advanced production technology and rapid development of economy.
UV Sensors can be classified as three types, such as UVA Sensors and UVB Sensors. It can be widely used in many industries. Survey results showed that 80.99% of the UV Sensors market is consumer electronics, 19.01% is Industry in 2016. From 2013 to 2015, we have witnessed the explosive growth in consumer electronics from 1129 K Units to 2323 K Units. With the development of economy, Countries increasingly stringent environmental requirements?these industries will need more UV Sensors. So, UV Sensors has a huge market potential in the future.
With the awareness of UV protection and development of UV sensors, we tend to believe this industry is an emerging industry, and the consumption increasing degree will show a smooth growth curve. For product prices, the slow downward trend in recent years will maintain in the future as competition intensifies. Besides, prices gap between different brands will go narrowing gradually. Also, there will be fluctuation in gross margin.
According to this study, over the next five years the UV Sensors market will register a 4.2% CAGR in terms of revenue, the global market size will reach USD 58 million by 2024, from USD 46 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in UV Sensors business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of UV Sensors market by product type, application, key manufacturers and key regions and countries.
This study considers the UV Sensors value and volume generated from the sales of the following segments-
Segmentation by product type- breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
UVA
UVB
UVC
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Consumer Electronics
Industry
This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
Solar Light Company
Silicon Labs
LAPIS Semiconductor Co., Ltd.
Davis Instruments
ST Microelectronics
Vernier
Panasonic
Vishay Semiconductor Opto
Apogee
Broadcom
GenUV
Skye Instruments Ltd
TRI-TRONICS
Adafruit
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global UV Sensors consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of UV Sensors market by identifying its various subsegments.
Focuses on the key global UV Sensors manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the UV Sensors with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of UV Sensors submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
