The report forecasts the global color detection sensor market to grow at a CAGR of 8.68% during the period 2016-2020.
The report covers the present scenario and the growth prospects of the global color detection sensor market for 2016-2020. It calculates the market size on the basis of revenue generated from the sale of the following types of sensors in the food and beverage, consumer electronics, automotive, pharmaceutical, chemical, textile, and paper and pulp industries:
A trend which is expected to have a positive impact on the market over the long term is the emergence of true color and spectral sensing technologies. Advanced technologies such as true color sensing and spectral sensing are emerging as new trends in the market. These light sensors include biosensing, which captures personal health data along with providing innovative light sensor applications.
Biosensors detect chemical compounds by using biochemical reactions or biomolecules as sensing agents. The reactions are enabled by biological components such as an enzyme, organelle, or a whole cell. The biochemical activity is detected by sensors, which enable advanced applications such as label-free detection of certain molecules such as DNA or single proteins, and sensitive molecular kinetics measurements.
According to the report, a key growth driver is the proliferation of color sensors in smartphones. Color detection sensors are used in smartphones for the detection of color brightness, temperature, and RGB components of ambient light. In recent years, most companies began integrating smartphones with color sensors that help analyze the RGB components of light to adjust the display image and perform backlight dimming based on the surrounding brightness levels.