The Demand For Cmos Image Sensors Has Seen A Decent Rise In Recent Years Propelling The Market Towards A Healthy Growth Over The Next Five Years

Posted by Gaurav Singh 19-08-2019 Press Releases

The report published by Knowledge Sourcing Intelligence titled “CMOS Image Sensor Market – Forecasts from 2019 to 2024” studies the various factors affecting the demand for CMOS Image Sensor among end-users worldwide. The market has been segmented by technology (Front Side Illumination (FSI), Back Side Illumination (BSI)), image processing (2D, 3D), and end user (consumer electronics, security and surveillance, automotive, healthcare, aerospace and defense, others).

CMOS image sensors are the latest technology in converting light into digital signals. The technology is significantly faster than the older CCD technology, and is also cheaper to manufacture. These benefits are projected to result a growth in the demand for CMOS sensors during the coming years. Furthermore, increasing demand for consumer electronics such as smartphones and cameras will further amplify this demand in the coming years. In addition, the higher speeds of CMOS image sensors have allowed cameras to incorporate other software features such as autofocus and filters, further increasing their demand in newer generation of cameras.

By end user, consumer electronics will have a significant share in the market

CMOS image sensors are extensively used in smartphone cameras, and the rising demand for smartphones and rapid technological advancements in the same will boost the demand for CMOS sensors during the next five years. Furthermore, increasing demand for security and surveillance devices, and other home automation products will also bolster the demand during the projected period.

Asia Pacific will hold a substantial portion of the Global CMOS Image Sensor Market

The Asia Pacific region will hold a noticeable portion of the Global CMOS Image Sensor Market in both value and volume owing to the semiconductor manufacturing activities in the region. Furthermore, rising disposable income and increasing demand for consumer electronics in the region is projected to further boost the demand in the coming years.

This report also includes a study of strategies and product portfolios of some of the leading companies in the Global CMOS Image Sensor Market. Major companies profiled as a part of this report are Sony Semiconductor Solutions Corporation, Samsung Electronics, OmniVision Technologies, Inc., ON Semiconductor, STMicroelectronics, SK Hynix Inc., Sharp Corporation, Panasonic Corporation, Canon, and Fujifilm Corporation.

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