Global Optical Image Stabilizer (OIS) market cagr 7.1%

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Optical Image Stabilizer (OIS) Market Scope:

Industry Analysis, Market Size, Growth, Trends Till 2031

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Optical Image Stabilizer (OIS) Market

Optical Image Stabilizer (OIS) Market Size and Growth

The Optical Image Stabilizer (OIS) market research reports indicate a strong growth trajectory due to increasing demand for high-quality images and videos. The market size is projected to reach $3.8 billion by 2025, driven by advancements in smartphone cameras and rising popularity of digital photography.

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Companies Covered (Covid 19 Impact Covered)

◍ STMicroelectronics

◍ Renesas Electronics Corporation

◍ ON Semiconductor

◍ ROHM

The Optical Image Stabilizer (OIS) Market is highly competitive with key players like STMicroelectronics, Renesas Electronics Corporation, ON Semiconductor, and ROHM. These companies offer OIS technology in smartphones, cameras, and other devices, driving market growth. STMicroelectronics reported sales revenue of $9.56 billion, Renesas Electronics Corporation reported $7.56 billion, and ON Semiconductor reported $5.91 billion.

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Market Segmentation

By Application

◍ Digital Cameras

◍ Digital Camcorders

◍ Mobile Phones

◍ Tablets

◍ Other

By Product

◍ Lens Shift Method

◍ Module Tilt Method

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Market Growth

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$ X Billion USD

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