Semiconductor Photodetector Market Outlook:
Semiconductor Photodetector Market size was over USD 1.16 billion in 2025 and is projected to reach USD 2.3 billion by 2035, growing at around 7.1% CAGR during the forecast period i.e., between 2026-2035. In the year 2026, the industry size of semiconductor photodetector is evaluated at USD 1.23 billion.
Rising sales of consumer electronics devices such as smartphones, laptops, digital cameras, and other smart devices across the globe significantly drive the semiconductor photodetector market. According to the predictions of GSMA, over 4.3 billion individuals worldwide used smartphones in 2023 and the number is expected to rise upto 6.3 billion by the end of 2029. Photodetectors are used in these devices in applications including image sensing, proximity sensing along with ambient light detection. These photodetectors are also used in other sectors such as healthcare, automotive, telecommunications, and data centers for various applications.
Ongoing research on developing advanced products and technologies related to photodetectors to cater to the rising need for advanced safety and sensing features in smartphones, laptops, and other electronic devices is another factor expected to boost market growth. For instance, in September 2021, ABLIC announced the launch of S-82P1A/S-82P1B Series of 1-cell Battery Protection ICs to reduce heat generation of the printed circuit board.
