The CMOS & sCMOS image sensor market is anticipated to expand at 10.72 % CAGR during the forecast period (2017-2027) owing to the high demand for digital cameras. Image sensors detect and provide related information about an image. It is majorly used in imaging devices and digital cameras to transform light into a digital image.
With the increasing demand for smartphones with in-built cameras, the global market for CMOS and sCMOS is predicted to flourish at a rapid pace. Growing use of image sensors in biometric applications, compactness of CMOS image sensors, and low power consumption are among the other factors affecting the market positively over the review period. Leading industrial players have invested in the development of image sensors as they have a wide range of applications. This is further stimulating the growth of the market. Implementation of CMOS image sensors in consumer as well as automotive sector along with its 4K pixel technology is fuelling the market growth in the security and surveillance sector. Also, growing demand for digital cameras for personal and professional use is also acting as a growth driver over the assessment period.
Further, adoption of image sensors in digital cameras, smartphones, and laptops due to low power consumption, cost-effectiveness, and faster speed is stimulating the market growth. Image sensors are also highly adopted in the industrial sector owing to low cost. These sensors are also extensively used in automotive sector such as advanced driver assistance system to offer parking assistance, collision avoidance, ensure safety of the driver, and lane departure warning. Robotics and drones are other industrial applications of image sensors fuelling the market growth over the review period.
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Major Key Players
Galaxy Core Inc. (China), Sony Panasonic Corporation (Japan), Corporation (Japan), SK Hynix Inc. (South Korea), Samsung electronics (South Korea), Canon Inc., (Japan) Omni Vision Technologies Inc. (US) and Toshiba Corporation (Japan) are some of the leaders driving the Global CMOS and sCMOS Image Sensors Market. Profiling those in its analysis MRFR finds out their strategies placing them at the forefront of completion.
According to MRFR, The global CMOS & sCMOS image sensor market is projected to reach USD 30.84 billion at a CAGR of over 10.72% by the end of the forecast period.
Introduced in 2008 as the result of a joint development by Fairchild Imaging Andor Technology, and PCO, sCMOS cameras have now become an important tool in the arsenal of scientists working in the field of bio-imaging who need to capture images to determine how living cells and tissues function. Before the development of such cameras, scientists were limited to EMCCD or CCD cameras which had technical limitations. Now, both sCMOS and RGBs image sensors are available from manufacturers like GPixel and BAE Fairchild.
The global CMOS & sCMOS image sensor market is segmented by technology, specification wafer size & sensor size, and application. Based on the technology, the market is segmented into FSI (Front side illumination), back-side illumination and others. Based on the specification, the market is segmented into processing type, spectrum, and array type. On the basis of wafer size, the market is segmented into 300mm, 200mm, and others. Based on sensor size, the market is segmented into medium format, full frame, APS-H and APS-C, 4/3inch and 1 inch and below. Based on the application, the market is segmented into consumer electronics, automobile, surveillance, medical and others.
The regional analysis of CMOS & sCMOS Image Sensor market is being studied in the region such as Asia Pacific, North America, Europe and Rest of the World. Asia Pacific is dominating the global CMOS & sCMOS image sensor market with the largest market share followed by North America and Europe. The presence of major players is a significant factor driving the market in the region. The demand for CMOS image sensor across all industry verticals such as aerospace, consumer electronics, automotive, surveillance, medical and others are aiding the market growth in the region.
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