Image Sensor is a sensor that gives the information of the captured image by converting Light signals into Digital Signals. Image Sensors contain photosites which record the brightness of light falls on it by accumulating photons. To set the colour and brightness of the pixel on the screen the recorded brightness of the light that falls on the photosites is used. High usage of Image sensors in Medical field, the increase of usage in Automotive applications, Low cost of CMOS Image sensors used in electronic devices and other are the factors leads to the growth of the Image Sensor Market. Change in CCD technology to CMOS is the challenge that lags the growth of the market.
Image Sensor Market Size & Growth:
Image Sensor Market size is projected to reach approximately $24.82 billion by the end of 2024 with a CAGR of close to 9.76% from $12.80 billion in 2017 during the forecast timeline 2018-2024. The major factors that propel the growth of the Image Sensors Market are high use in consumer electronics like Smartphones and Tablets, Desktops and Laptops, Wearables, in Automotive segment like Rear and Side View, Camera Mirror System, in Industrial like Machine vision, Industrial Monitoring and in Aerospace and defense vertical that are accelerating the market growth.
Image Sensors Market share:
Image Sensor Market is segmented on the basis of Technology which consists of Charge Couple Device (CCD), Complementary Metal Oxide Semiconductor (CMOS), CMOS. Charge Couple Device (CCD) is a device used for the movement of electrical charge for the conversion of Light signals to Digital value. CMOS Image Sensor also converts light signals into electrical signals and holds the largest share of the market due to less manufacturing cost compared to CCD Image Sensors.
Image Sensor Market Trends:
Image Sensor Market Research Report:
An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.
Regional and global diversity is analyzed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
Identifying DROC in the current market and their impact in altering the market dynamics.
Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial analysis with major competitors.
Expertise investment opportunities by an analyst to the individual and organization to have a better foothold in the market.
The major key players in the Image Sensor Market are:
Along with these companies, there were many other companies considered/cited in the report while analysing the Image Sensor Market. These companies hold substantial share-owning to the nature of the industry whereas rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and strong customer base.
Starting from $2700
Starting from $2700
Starting from $2700
Keep up-to-date with our weekly newsletter, Media Pulse.