Title: Image Sensor Market Trends, Analysis & Forecast, 2019 – 2025
1Image Sensor Market Size Growth During Forecast
Period.
2Key Insights from Image Sensor Market
- Image Sensor Market size is anticipated to grow
substantially over the forecast timespan with
rise in demand of these components in the
automotive sector. The increased need and
requirement of safety and security in vehicles is
augmenting the demand for vision systems which
would assist the passenger in driving the vehicle
safely. The widespread adoption of (ADAS)
Advanced in Driver Assistance Systems in luxury
vehicles in developed nations propelling the
image sensor market. - These system uses image sensors to provide safety
and precaution of the driver by offering several
features such as (LDW) Lane Departure Warning,
(APA) Advanced Parking Assistance and collision
avoiding system. Several technologies that are
used to provide these features are integrated
cameras, sensor, LIDAR and radars. In addition,
these components find applications in passenger
classification, driver state monitoring, presence
object detection etc. propelling the market
growth.
3Continued
- Growing demand of inbuilt cameras in smartphones,
tablets and webcams in PC have augmented the need
and requirement of enhanced image quality, which
is encouraging the developers to provide new
technological advancements in their offerings in
image sensor market. Image quality is one of the
major parameters that the consumers consider
while buying a smartphone and hence manufacturers
consistently work to improve and satisfy the
demands of the customers. - For instance, In 2016, Samsung adopted 12 MP Fast
29 sensor which has high speed focus and track
lock-on moving objects features in low light
also. These sensors were initially incorporated
in the Samsung Galaxy S9 Plus Samsung Galaxy
S8. The demand for enhanced image quality, higher
resolution is increasing among the customers,
which is a growth and opportunity for the
developers of image sensor market.
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5Market research reports Key analytical
components
6Major Companies in Image Sensor Market
- Samsung
- Teledyne
- OmniVision
- Sony
- On Semiconductor
- Canon
- SK Hynix
- Panasonic
- STMicroelectronics
- PixelPlus
7Regional Insights Image Sensor Market
Asia Pacific accounted for most of the image
sensor market share owing to the flourishing
consumer electronic industry. Presence of several
device manufacturers creates high demand and
requirement for these components. The major
developed countries in this region such as China
and South Korea are contributing significantly
towards the market growth. In addition, the
healthcare sector is experiencing high adoption
and integration of these components in their
devices for performing several processes and
operations such as X-ray imaging applications and
rotational radiography. This will propel the
market growth in the region. Presence
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