Global Image Sensors Market 2019-2025
発行: Orion Market Research Pvt Ltd
Global Image Sensors Market Size, Share & Trends Analysis Report by Technology (CMOS and CCD), By End-User Industry (Automotive, Consumer Electronics, Industrial, Security & Surveillance, Healthcare, and Others), and Forecast, 2019-2025
Global image sensor market is expected to grow with a CAGR of 8.2% during the forecast period of 2019-2025. Rising adoption of handheld devices such as tablets and smartphones has led towards the development of smart sensing techniques along with diagnostic & remote monitoring ability. This, in turn, has widened the scope for image sensors across application industries. Increasing demand for smartphones is the key driving factor contributing to the growth of the global market. The image sensor has witnessed significant growth due to increasing application segments coupled with technological advancements resulting in the development of sophisticated sensing technology. Image sensors have found its applications across industries including consumer electronics, healthcare, automotive, security & surveillance, industrial and others. In the security & surveillance market, the development of these image sensors is accompanied by the growing popularity of IP networking which significantly demands high definition resolution. Thus, the growing demand for security and surveillance further propels the market growth.
Geographically, the global image sensors market is further classified into North America, Europe, Asia-Pacific, and Rest of the World. Asia-Pacific is anticipated to have a significant market share in the global image sensors market. The growth of the Asia-Pacific market is backed by the presence of a large number of semiconductor manufacturers specifically in South Korea, China, and Japan. The key market players present in the region are Sony Corp. and others. Moreover, rising demand for consumer electronics and automobiles have also played a vital role in the growth of the Asia-Pacific image sensor market. The North America image sensors market is growing due to higher adoption of new technologies & gadgets and technological advancements in image sensors technology.
The global image sensors market is influenced by product development and technological advancements conducted by the market players. The key players of the image sensors market include Canon Inc., Nikon Corp., OmniVision Technologies, Inc., Panasonic Corp., Samsung Electronics Co., Ltd., SK Hynix Inc., Sony Corp., STMicroelectronics International N.V., and many others. These players are playing a significant role in the growth of the image sensors market by providing various products and adopting several strategies such as a merger and acquisition, partnerships and collaboration, technological development, and others. For instance, in July 2019, Canon Inc. announced the collaboration with Critical Link LLC to develop Evaluation Kits for Industrial CMOS Sensors.
The market study of the global image sensors market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
Secondary sources include:
The report is intended for an image sensors manufacturer, end-user industries, investing companies, for overall market analysis and competitive analysis. The report provides an in-depth analysis of the market size and growth opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.
The Report covers: