The global image sensors market was valued at USD 13.6 billion in 2017 and is expected to witness a CAGR of 10.3%, during the forecast period. The increasing acceptance for image sensing devices in the automobile domain along with excessive demand for enriched medical imaging systems are the major factors about the growth of image sensors market across the globe. Image sensors are rapidly being utilized in imaging devices and digital cameras for converting light received on the camera into digital imagery.
Increasing demand for high-definition cameras, smartphones, and security cameras have upgraded the application of imaging sensors in various industry domains such as medical, industrial, consumer applications, and media, which is supporting the growth of the image sensors market worldwide. Moreover, increasing demand for analytics and image tools along with excessive demand for imaging tools in the healthcare domain is thereby strengthening the growth of the image sensors market.
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Based on vertical, the image sensors market is categorized into automotive, commercial, healthcare and life sciences, consumer electronics, aerospace, defense and homeland security, and industrial. The automotive segment is further subcategorized into forward-looking ADAS, a camera mirror system, rear- and side-view, and in-cabin ADAS. Healthcare and life sciences are further sub-segmented into endoscopy, x-ray imaging, and others. Additionally, consumer electronics is further sub-segmented into desktops and laptops, commercial drone, photography and videography, wearables, smartphones and tablets, service robots, commercial copier and scanner, and residential surveillance.
The industrial segment is further classified into industrial surveillance and monitoring, machine vision, and robotic vision. Among all these segments, consumer electronics account for the largest revenue in the global market due to increasing up-gradation in the CMOS technique that has significantly impacted the dissemination of image sensors into smart devices. Moreover, extensive demand for the dual and secondary camera in smartphones is further strengthening the growth of image sensors market across the globe.
Asia-Pacific holds the largest share in the image sensor market, globally. The growth of the image sensors market in this region is due to increasing industrialization and research and development activities. Additionally, an increasing requirement of safety-related directives in the automotive domain is increasing due to a large number of accident cases.
Extensive accident cases are thereby instilling the requirement for ADAS (advanced driver assistance system) in the automobile domain with the assimilation of progressive image sensing proficiencies acting like a major market driver, and further accentuating the growth of image sensors market in this region.
The key players in the image sensors market include Sony Corporation, Samsung Electronics Co. Ltd., OmniVision Technologies Inc., Panasonic Corporation, Canon Inc., Toshiba Corporation, SK Hynix Inc., STMicroelectronics N.V., ON Semiconductor Corporation and Hamamatsu Photonics K.K.
Global Image Sensors Market Coverage
Technology Insight and Forecast 2014-2024
- Charge-Coupled Device (CCD)
- Complementary Metal-Oxide-Semiconductor (CMOS)
- Others
Processing Type Insight and Forecast 2014-2024
- 2D Image Sensors
- 3D Image Sensors
Spectrum Insight and Forecast 2014-2024
- Visible
- Non-Visible
- X-Ray Light
- Infrared Non-Visible Spectrum
Array Type Insight and Forecast 2014-2024
- Linear
- Area
Vertical Insight and Forecast 2014-2024
- Automotive
- Commercial
- Healthcare and Life Sciences
- Consumer Electronics
- Aerospace
- Defense
- Homeland Security
- Industrial
Geographical Segmentation
Image Sensors Market by Region
North America
- U.S.
- Canada
- Mexico
Europe
- U.K.
- Germany
- France
- Italy
- Spain
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
Rest of the World
- Brazil
- Other Countries
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