The main factor contributing to the growth of the stacked CMOS image sensor market are the implementation of image sensor in various sectors such as automotive, consumer electronics and others, technological innovations and features such as data safety. Also, the increasing demand for tablets and smart phones is expected to boost the market over the forecast period.
Factors such as application of sensing devices for indoor navigation, increasing consumer preference for smart phones, tablets among others and new adoption of technologies are reasons contributing to the growth of the overall stacked CMOS image sensor market. However, increase in price of the materials becomes an issue for the manufacturers and it is expected to hamper the growth of the market over the forecast period.
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The key players in the global stacked CMOS image sensor market include Sony Corporation (Japan), Panasonic Corporation (Japan), Samsung Electronics Co., Ltd. (South Korea), Canon Inc. (Japan), OmniVision Technologies Inc. (U.S.), STMicroelectronics N.V. (Switzerland), Galaxy Core Inc. (China), Sharp Corporation (Japan), SK Hynix Inc. (South Korea), among others.
Jul 2018 Sony Corporation recently declared the impending release of the IMX586 stacked CMOS image sensor for smartphone cameras. The innovative sensor introduces 48 effective megapixels which is the industry’s highest pixel count
In 2015, Sony Corporation announced a new plan to boom the production of CMOS image sensors. The company increased its investment into CMOS sensors that aided in the increase in its production of stacked CMOS image sensors. Stacked CMOS image sensors have two chips- one for image sensing pixels and the other for digital circuit. They are widely used in smart phones and tablets.
The stacked CMOS image sensor market can be segmented on the basis of application, specification, and region. By Specification the market is segmented into image processing type, spectrum, and array. The image processing segment is additionally segmented into 3D image sensor and 2D image sensor. The spectrum segment is additionally segmented into non-visible and visible. By array, the market is segmented into area image and linear image. By application, the segment consists of consumer electronics, automotive, media & entertainment, industrial, aerospace & defense, security & surveillance. By region, the market is segmented into North America, Europe, Asia Pacific, and RoW.
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Stacked CMOS Image Sensor Market – Detailed Regional Analysis:
The regional analysis of the market comprises of regions such as North America, Europe, Asia Pacific, and RoW. The North American region is attributed for the principal market share chiefly owing to effort on innovations, implementation of new technologies and high investments into new technologies. Though, the Asia Pacific region is anticipated to develop over the forecast period considerably owing to the effortless availability of cheap labor, growing demand for consumer electronics and the development of the region as a major manufacturing hub.
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