CMOS and sCMOS Image Sensor Market Research Report – Global Forecast till 2027
CMOS and sCMOS image sensor market is experiencing a consistent growth since last few years and is going through for constant improvement. Market Research Future (MRFR) has conducted an intricate study on the global CMOS and sCMOS image sensor market. The report published by them reveals that the market is estimated to generate a turnover of USD 30,846.8 mn by the end of 2027, from USD 10,428.6 million in 2017. The report further states that the market is expected to develop at 11.5% CAGR throughout the assessment period. The complementary metal-oxide-semiconductor or CMOS is a cutting-edge technology which aids in illustrating a little amount of memory or circuit board which facilitates BIOS or any computer.
CMOS and sCMOS is a novel technology and is an improved form of CMOS image sensor fabrication and design practices. At present, sCMOS is fetching immense traction in communication and information technology and has established its worth amongst scientific imaging devices. CMOS and sCMOS image sensors are experiencing surged demand which has expanded in the last five years. A rapid growth in the adoption of CMOS image sensor primarily in the consumer electronics segment has consequently driven the market growth to a large extent. The increasing outlay by the prominent players for implementing innovation and upgradation in CMOS image sensors for the automotive sector has also provided a major thrust to the market growth over the years and, therefore, envisages to witness expansion throughout the review period. On the other hand, factors such as high maintenance and high cost of equipment are estimated to restrict the growth of the worldwide CMOS and sCMOS image sensor market over the review period.
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The global CMOS and sCMOS image sensor market is segmented into processing & spectrum, applications, and technology. Based on processing & spectrum, the market is segmented into 3D processing, 2D processing, invisible spectrum, visible spectrum, and many more. Based on applications, the market is classified into automobile, consumer electronics, surveillance, aerospace and defense, medical, and many more. Based on technology the market is segmented into BSI (Backside illumination), FSI (Front side illumination), and many others.
Based on geography, the global CMOS and sCMOS image sensor market is segmented into Europe, North America, Asia-Pacific, and South America, and the Middle East & Africa. North America holds the leading share of the CMOS and sCMOS image sensor market. The growth is owing to the factors like high demand coupled with high adoption rate of 3D machine vision systems within the manufacturing vertical. The government of Canada and the U.S. is quick in capitalizing a remarkable amount of money in infrastructure and public transport that spurs its application in digital cameras. The market in APAC is likely to be the primary market owing to the prevalence of key manufacturing firms in economies such as South Korea, Japan, Taiwan, and India.
Asia Pacific market has also observed a robust leadership in the semiconductor vertical and has been the prime exporter of it globally. Owing to this aspect, the CMOS and sCMOS image sensor market is observing extensive expansion and will magnify throughout the forecast period with a higher return. The Europe market for CMOS and sCMOS image sensor is experiencing impressive growth with the rapid adoption of CMOS and sCMOS aided image sensors. Besides, the burgeoning growth of the automotive and healthcare sector is one of the primary factors fueling the market growth during the estimation period.
CMOS and sCMOS image sensor market is dominated by key players like Sony Corporation, Canon Inc., BAE Systems PLC, Galaxycore Inc., Panasonic Corporation, ON Semiconductor Corporation, SK Hynix Inc., Samsung Electronics Corporation Ltd, OmniVision Technologies Inc., Sharp Corporation, and Teledyne Technologies Inc.
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Global CMOS and sCMOS Image Sensor Market Research Report: Information by Technology (FSI and BSI), by Specification (Processing Type and Spectrum), Wafer & Sensor Size (300mm, 200mm, Medium Format, Full Frame), Application (Consumer Electronics and Automobile), by Region – Forecast till 2027
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