Global Shipment Of Image Sensors Reaches 14 Billion Units By The End Of 2028

The report entitled “Global Images Sensors Market” analyzes the image sensors market globally, based on type, processing type, resolution, application, and region. A thorough report offers the most complete historical and projected market size, along with a trend analysis. RationalStat analyzes the market share production capabilities of leading companies, an overview of the smartphone market and a forecast of the market for cameras, and an overview of the market’s strategies, competition, and growth opportunities for the players that are targeted as part of the overall image sensor market research.

Global Image Sensors Market Overview And Dynamics:

The increasing application of image sensors across a variety of industries is fueling market growth. The market for image sensors is projected to grow by about 8% during the 2022-2028 forecast period. The rise of high-end image sensors for CCTV security cameras for video surveillance is the primary factor driving the global image sensor market. CCTVs with enhanced features are increasingly being deployed on the back of increasing security concerns in commercial, residential, and industrial areas.

Additionally, the growing necessity for medical assistance because of the rise of chronic diseases and other health issues has led to the need for image sensors since image sensors play an important part in the identification of a condition. Furthermore, many manufacturers around the globe are working on creating more durable accurate, precise, and specific in their designs, as well as affordable prices to be a driver for the expansion of the image sensor market. The growth of the 5G smartphone market will play an important aspect in the growth in demand for image sensors.

Segmental Analysis

• Based on type, CMOS (Complementary Metal Oxide Semiconductors) holds a prominent share in the global image sensors as they are widely used in smartphones, tablets, and other consumer electronics, whereas CCD (Charged Couple Devices) own a significant share of the market.
• Based on application, Consumer electronics holds a dominant share in the global image sensors market as the growing population coupled with demand for the latest electronic devices is expected to fuel the market in the upcoming years.
• Based on region, Asia Pacific holds a prominent share of the global image sensors market as the industries like consumer electronics coupled with the upsurge in the demand for semiconductors are expected to spur the demand for image sensors in the forthcoming years.

Competition Analysis:

The rising demand for consumer electronics with high-end technology and the latest features is expected to fuel the demand for image sensors in the upcoming years. Due to the presence of many well-established companies in the global image sensors market, there is intense competition in the global image sensors market. The global image sensors market is expected to witness growth in the forthcoming years as government implements strict rules on the use of image sensors in the automotive industry for driver assistance which is expected to further fuel the growth of the global image sensor market. Some of the recent market development include,

• In June 2022, Samsung introduced the 200MP ISOCELL HP3, the image sensor with the industry’s smallest 0.56-micrometer (μm)-pixels. The sensor allows users to take videos in 8K at 30 frames-per-second (fps) or 4K at 120 fps, with minimal loss in the field of view. Combined with the Super QPD solution, users can take movie-like cinematic footage with their mobile devices.
• In December 2021, Sony has developed the world’s first stacked CMOS image sensor technology with a 2-layer transistor pixel.

Some of the prominent players that contribute significantly to the global image sensors market include Canon Inc., Sony Corporation, Samsung Electronics Co. Ltd., Panasonic Corporation, Toshiba Corporation, OmniVision Technologies Inc., ON Semiconductors Corporation, Galaxy Core Inc., Teledyne Technologies Inc., Sharp Corporation, STMicroelectronics, Hamamatsu Photonics K.K., NXP Semiconductors, and Infineon Technologies A.G among Others.

Segmentation

RationalStat has segmented the global image sensors market on the basis of type, processing type, resolution, application, and region.

• By Type
  • CMOS (Complementary Metal Oxide Semiconductors)
  • CCD (Charged Couple Devices)
• By Processing Type
  • 2D Processing
  • 3D Processing
• By Resolution
  • VGA
  • Less than 16 Mega Pixels
  • 16-32 Mega Pixels
  • 32-64 Mega Pixels
  • More than 64 Mega Pixels
• By Application
  • Consumer Electronics
  • Automotive
  • Security and Surveillance
  • Healthcare
  • Aerospace & Defense
  • Others (Entertainment)
• By Region
  • North America
    • US
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Western Europe
    • Germany
    • UK
    • France
    • Spain
    • Italy
    • Rest of Western Europe
  • Eastern Europe
    • Russia
    • Poland
    • Rest of Eastern Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • ASEAN (Indonesia, Vietnam, Malaysia, etc.)
    • Rest of Asia Pacific
  • Middle East & Africa
    • GCC
    • South Africa
    • Turkey
    • Rest of the Middle East & Africa

About RationalStat LLC

RationalStat is an end-to-end US-based market intelligence and consulting company that provides comprehensive market research reports along with customized strategy and consulting studies.  The company has sales offices in India, Mexico, and the US to support global and diversified businesses. The company has over 80 consultants and industry experts, developing more than 850 market research and industry reports for its report store annually.

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