Image Sensors Market Forecast (2014 - 2020)
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Image Sensors Market Forecast (2014 - 2020)
Image Sensors Market Analysis By Technology (CMOS, CCD); by Application (Consumer Electronics, Industrial, Medical, Security and Surveillance) and Geography & Forecast (2014 - 2020)
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Image Sensors Market Forecast (2014 - 2020)
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Image Sensors Market Overview Image Sensors Market has constantly experienced significant demand in the past 5 years. This growing popularity has made the manufacturers highly competitive to stay updated and devise new and advanced solution to enhance pixel size, pixel count, resolution, and performance. These high-end properties help them to maintain the demand for image sensors in the global market.
According to IndustryARC Market Research, the Image Sensors Market is projected to reach $17.8 Billion by 2020 and will grow at 12.84% CAGR during the forecast period 2014-2020.
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Image Sensors Market Forecast (2014 - 2020)
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Market Revenue
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Image Sensors Market Forecast (2014 - 2020)
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Geographical Gist of the Image Sensors Market: North America has been the leading region in Image Sensors Market in the last few years followed by APAC, confirms market research study. Whereas, APAC would lead the Image Sensors Market by the end of 2020, according to projections; and would contribute to a huge share of the overall revenue, owing to the significant increase in demand for consumer electronics and use of robotics, machine vision based systems in the Asian market.
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Image Sensors Market Forecast (2014 - 2020)
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Segment Wise Analysis The automotive sector is expected to grow at a high CAGR during the forecast period 2014-2020. Consumer electronics was noted to have held the major share of the Image Sensors Market earlier. The growing trend of dual camera mobile phones is expected to double the shipments of image sensors, thus driving the consumer electronics sector of the Image Sensors Market. CMOS is winning the battle against the CCD segment of the total market.
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Image Sensors Market Forecast (2014 - 2020)
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Image Sensors Market Applications Brief Predominantly, image sensors are used in digital cameras and several imaging devices. These devices find their application in various sectors such as industrial, medical, consumer electronics and so on. Owing to the growth in digital cameras, camcorders, smartphones, tablets and security cameras (CCTVs), the image sensors are witnessing significant growth across the globe.
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Image Sensors Market Forecast (2014 - 2020)
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Major Image Sensors Market Driving Factors Growing popularity of dual camera-enabled mobile phones Growing usage of webcams in tablets and laptops The growing awareness among various regions regarding the driver assistance and safety offered by advanced driver assistance systems (ADAS) is driving the adoption of image sensors in the automotive sector Availability of low-cost CMOS image sensor and other advanced technologies in the automotive sector
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Image Sensors Market Forecast (2014 - 2020)
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Image Sensors Market Segmentation The Image Sensors Market is segmented into 3 broad types based on the following given research factors: By Technology: CMOS, CCD, CIS and Others. By Application: Consumer Electronics, Medical Devices, Industrial, Security & Surveillance, Aerospace & Defense, Transportation and Others. By Geography: Americas, Europe, APAC and ROW.
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Image Sensors Market Forecast (2014 - 2020)
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Key Market Players of Image Sensors Market Few notable competitors of the Image Sensors Market which are studied, analyzed and mentioned in this market research report by the experts of IndustryARC are as follows: Omnivision Technologies Inc. On Semiconductor Corporation Samsung Electronics Co., Ltd. Sony Corporation Canon Inc. The major key players are profiled in this report including company overview, financial overview, business strategies, product portfolios, recent developments and market shares.
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