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
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.
About Knowledge Sourcing Intelligence:
Knowledge Sourcing Intelligence (KSI) is a market research and consulting organization based out of India. KSI publishes research studies spanning across ten industry verticals. KSI has a team of experienced and young professionals with a singular focus on delivering high-quality research services to enterprises, non-government organizations, government agencies, and research institutes and organizations. We publish hundreds of reports per year centring on niche and latest technologies. We engage with key decision makers and stakeholders across the value chain to provide clients with a detailed analysis and bird’s-eye view of the market with whole market dynamics, statistical forecasts, competitive analysis, key trends, market drivers and challenges and strategic recommendations for making informed decisions. Our success lies in the effort of our analysts who strive to meet client expectations by delivering quality work within the stipulated deadlines.
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