The global demand for CMOS Image Sensor Market is presumed to reach the market size of nearly USD XX MN by 2027 from USD XX MN in 2020 with a CAGR of XX% under the study period 2021 - 2027.
CMOS (Complementary Metal Oxide Semiconductor) sensor converts light or photons into electrical sensors or electrons, which are then converted to a voltage and finally to a digital value with the help of an analog to digital converter (ADC). It is gradually replacing CCD sensors owing to its various advantages. Since it uses smaller digital circuitry, these sensors consume less power, are free from smears and corrupted images. This kind of image sensor has superior sensitivity and provides excellent picture quality. Image sensors present in modern-day cameras mostly employ CMOS technology. CMOS image sensors cater to numerous imaging applications such as security and surveillance, automotive, medical, gaming, and high-end traditional cameras.
The growing use of digital cameras, smartphones, tablets, UAVs, and robots will drive the growth of the CMOS image sensor market. CMOS image sensors are utilized in industrial robots, drones, and UAVs to analyze drone environments, detect, categorize and track objects, and enable surveillance cameras and robots to perform image-based inspection efficiently. In the past few years, machine vision cameras are increasingly being integrated into the automation process of diverse manufacturing industries boosting its market significantly. Furthermore, increasing preference for CMOS image sensors, compared to CCD image sensors, due to its advantages like less power consumption and cost-effectiveness, contributes well to the global demand. However, autonomous vehicle manufacturing companies rely on LiDAR (Light Detection and Ranging) technology rather than camera systems as it can detect objects in diverse environments and lighting conditions. Moreover, the algorithms present in the computing system of self-driving vehicles are not strong enough to interpret the visual data obtained from multiple cameras, a restraining factor for the growth of the CMOS image sensor market.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of cmos image sensor. The growth and trends of cmos image sensor industry provide a holistic approach to this study.
This section of the cmos image sensor market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By End-User Industry
- Consumer Electronics
- Security and Surveillance
- Automotive and Transportation
- Aerospace and Defense
This section covers the regional outlook, which accentuates current and future demand for the CMOS Image Sensor market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global CMOS Image Sensor Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the cmos image sensor market include ams AG, Canon Inc., GalaxyCore Shanghai Ltd. Corp., Himax Technologies Inc., and OmniVision Technologies Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information based on primary and secondary research. Secondary research has been done using various sources, including (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications. Additionally, our team conducts extensive primary research with key industry participants to gather first-hand data. The data is then analyzed and validated by industry experts.
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