Global image sensor market demand is anticipated to be valued at US$ 21725.8 Million in 2022, forecast to grow at a CAGR of 6.7% to be valued at US$ 41672.3 Million from 2022 to 2032. Growth is attributed to the increasing use of camera-equipped devices. From 2016 to 2021 a CAGR of 5.9% was registered for the image sensor market.
Report Attribute | Details |
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Projected Growth Rate (2022 to 2032) | 6.7% CAGR |
Expected Market Value (2022) | US$ 21725.8 Million |
Anticipated Forecast Value (2032) | US$ 41672.3 Million |
Image Sensors technology is generally of two types, CCD image sensors, and CMOS image sensors out of which CMOS Image Sensors are being adopted at a higher pace as these CMOS image sensors are performing better than CCD image sensors. CMOS image sensors have enabled high integration on the chips leading to modern high-performance, miniaturized integrated circuits.
The market for Image Sensors is increasing due to increasing the improved quality of image processing, optics, and interfaces. With the quality of the image sensors increasing, camera manufacturers can spend less time and energy on sensor-related correction.
North America and Europe is holding the largest market share for the image sensors market due to the presence of large market players who are working towards the development of image sensors that can be used mainly in the automotive industry in this region. Moreover, the rising demand for smart devices with high-resolution cameras is increasing the Image Sensors market opportunity in this region
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The major factor driving the adoption of Image Sensors is the increasing usage of mobile devices with a dual camera feature that has increased the demand for image sensors. Another factor helping the Image Sensors market to grow is the increasing demand for selfie phones which has also increased the demand for image sensors with better front cameras. Image sensors are also increasingly adopted due to the availability of low-cost CMOS image sensors used for implementation in mobile devices.
With the integration of cameras into smartphones, image capturing has increased significantly, along with the growing smartphone penetration rate, set to drive the image sensors market in the forecasting period. The CMOS technology has been witnessing a high adoption rate, as it provides a faster shutter speed while delivering high-quality images. This also drives the growth of the image sensor market. For instance, in December 2021 - Sony Semiconductor Solutions Corporation (Sony) announced the launch of the world’s number 1 stacked CMOS image sensor technology with a 2-Layer Transistor Pixel.
No market is devoid of challenges and the global image sensor market is no exception. One of the primary factors restraining market growth is the high cost of manufacturing these image sensors. With the growing demand for smartphones along with front camera features and high-megapixel cameras, manufacturers have to invest more in image sensors and in making high-quality image sensors.
The complex manufacturing process of high-resolution image sensors and higher power consumption in CCD image sensors are the factors that may hinder the growth of the global image sensors market during the forecasting period.
North America was the fastest growing market for the image sensor market and the trend is expected to continue into the forecast period owing to the increased technological advancement in the region. Also, the continuously growing electronics industry and growing use of advanced and smart electronic devices such as smartphones boost s the growth of the image sensor market in North America.
North America accounts for a total 25.3% share of the global image sensor market. For instance, Onsemi launched the KLI-2113 Image Sensor which is a high dynamic range, multispectral, linear CCD image sensor ideally suited for demanding color scanner applications.
According to Future Market Insights, Europe accounts for a 21.3% share of the total global image sensor market. The increasing scope of applications of intelligent image sensors in the industrial sector is also one of the prominent reasons for the overall growth of the image sensor market.
The growing technological advancement in image sensor technology, increasing demand for image sensors, and increasing use of programmable and fully integrated sensors are the major factors that are propelling the market growth of the image sensor market in Europe.
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As per the analysis, Asia Pacific is projected to be the most lucrative market during the forecast period. The expansion of the regional market can be attributed to the increasing demand in consumer electronics, medical, and industrial automation industries. The expansion of the regional market can be attributed to the increasing disposable income among developing countries such as India, China, and Japan.
China is showing a significant growth rate among the Asia-Pacific countries, owing to its growing economy and global electronics market share. China is one of the prominent electronics producers and consumers. Asia Pacific is also increasingly adopting Image Sensors technologies with the entry of major & established players such as Samsung, Panasonic, and others.
Konux, Sense Photonics, Oculii, Echodyne, RoboSense, Safehub, WaveSense, Lunewave, PixArt Imaging Inc, and Teledyne Dalsa, are some of the start-up companies operating in the image sensor market.
Some of the key participants present in the global image sensor market are Toshiba Corporation, Sharp Corporation, Sony Corporation, Panasonic Corporation, and Samsung Electronics among others.
Attributed to the presence of such a high number of participants, the market is highly competitive. While global players such as Toshiba Corporation, and Sharp Corporation account for a considerable market size, several regional-level players are also operating across key growth regions, particularly in the Asia Pacific.
Report Attribute | Details |
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Growth Rate | CAGR of 6.7% from 2022 to 2032 |
Expected Market Value (2022) | US$ 21725.8 Million |
Anticipated Forecast Value (2032) | US$ 41672.3 Million |
Base Year for Estimation | 2021 |
Historical Data | 2016 to 2021 |
Forecast Period | 2022 to 2032 |
Quantitative Units | Revenue in USD Million, and CAGR from 2022 to 2032 |
Report Coverage | Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
Segments Covered |
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Regions Covered |
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Key Countries Profiled |
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Key Companies Profiled |
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Customization | Available Upon Request |
FMI projects the global image sensor market to expand at a 6.7% value CAGR by 2032.
North America is expected to be the most opportunistic with a 25.3% share of the total image sensor market.
Toshiba Corporation and Sharp Corporation are some prominent image sensor market manufacturers.
1. Executive Summary | Image Sensor Market 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Product Life Cycle Analysis 3.5. Supply Chain Analysis 3.5.1. Supply Side Participants and Their Roles 3.5.1.1. Producers 3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers) 3.5.1.3. Wholesalers and Distributors 3.5.2. Value Added and Value Created at Node in the Supply Chain 3.5.3. List of Raw Material Suppliers 3.5.4. List of Existing and Potential Buyers 3.6. Investment Feasibility Matrix 3.7. Value Chain Analysis 3.7.1. Profit Margin Analysis 3.7.2. Wholesalers and Distributors 3.7.3. Retailers 3.8. PESTLE and Porter’s Analysis 3.9. Regulatory Landscape 3.9.1. By Key Regions 3.9.2. By Key Countries 3.10. Regional Parent Market Outlook 3.11. Production and Consumption Statistics 3.12. Import and Export Statistics 4. Global Market Analysis 2017 to 2021 and Forecast, 2022 to 2032 4.1. Historical Market Size Value (US$ Million) & Volume (Unit) Analysis, 2017 to 2021 4.2. Current and Future Market Size Value (US$ Million) & Volume (Unit) Projections, 2022 to 2032 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Types 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Million) & Volume (Unit) Analysis By Types, 2017 to 2021 5.3. Current and Future Market Size Value (US$ Million) & Volume (Unit) Analysis and Forecast By Types, 2022 to 2032 5.3.1. CMOS Sensor Types 5.3.2. CCD Sensor Types 5.4. Y-o-Y Growth Trend Analysis By Types, 2017 to 2021 5.5. Absolute $ Opportunity Analysis By Types, 2022 to 2032 6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Application 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Million) & Volume (Unit) Analysis By Application, 2017 to 2021 6.3. Current and Future Market Size Value (US$ Million) & Volume (Unit) Analysis and Forecast By Application, 2022 to 2032 6.3.1. Smartphones 6.3.2. Cameras 6.3.3. Wearable Electronics 6.3.4. Surveillance 6.3.5. Others 6.4. Y-o-Y Growth Trend Analysis By Application, 2017 to 2021 6.5. Absolute $ Opportunity Analysis By Application, 2022 to 2032 7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region 7.1. Introduction 7.2. Historical Market Size Value (US$ Million) & Volume (Unit) Analysis By Region, 2017 to 2021 7.3. Current Market Size Value (US$ Million) & Volume (Unit) Analysis and Forecast By Region, 2022 to 2032 7.3.1. North America 7.3.2. Latin America 7.3.3. Europe 7.3.4. Asia Pacific 7.3.5. Middle East and Africa 7.4. Market Attractiveness Analysis By Region 8. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 8.1. Historical Market Size Value (US$ Million) & Volume (Unit) Trend Analysis By Market Taxonomy, 2017 to 2021 8.2. Market Size Value (US$ Million) & Volume (Unit) Forecast By Market Taxonomy, 2022 to 2032 8.2.1. By Country 8.2.1.1. United States of America 8.2.1.2. Canada 8.2.2. By Types 8.2.3. By Application 8.3. Market Attractiveness Analysis 8.3.1. By Country 8.3.2. By Types 8.3.3. By Application 8.4. Key Takeaways 9. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 9.1. Historical Market Size Value (US$ Million) & Volume (Unit) Trend Analysis By Market Taxonomy, 2017 to 2021 9.2. Market Size Value (US$ Million) & Volume (Unit) Forecast By Market Taxonomy, 2022 to 2032 9.2.1. By Country 9.2.1.1. Brazil 9.2.1.2. Mexico 9.2.1.3. Rest of Latin America 9.2.2. By Types 9.2.3. By Application 9.3. Market Attractiveness Analysis 9.3.1. By Country 9.3.2. By Types 9.3.3. By Application 9.4. Key Takeaways 10. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 10.1. Historical Market Size Value (US$ Million) & Volume (Unit) Trend Analysis By Market Taxonomy, 2017 to 2021 10.2. Market Size Value (US$ Million) & Volume (Unit) Forecast By Market Taxonomy, 2022 to 2032 10.2.1. By Country 10.2.1.1. Germany 10.2.1.2. United Kingdom 10.2.1.3. France 10.2.1.4. Spain 10.2.1.5. Italy 10.2.1.6. Rest of Europe 10.2.2. By Types 10.2.3. By Application 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By Types 10.3.3. By Application 10.4. Key Takeaways 11. Asia Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 11.1. Historical Market Size Value (US$ Million) & Volume (Unit) Trend Analysis By Market Taxonomy, 2017 to 2021 11.2. Market Size Value (US$ Million) & Volume (Unit) Forecast By Market Taxonomy, 2022 to 2032 11.2.1. By Country 11.2.1.1. China 11.2.1.2. Japan 11.2.1.3. South Korea 11.2.1.4. Malaysia 11.2.1.5. Singapore 11.2.1.6. Australia 11.2.1.7. New Zealand 11.2.1.8. Rest of Asia Pacific 11.2.2. By Types 11.2.3. By Application 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Types 11.3.3. By Application 11.4. Key Takeaways 12. Middle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 12.1. Historical Market Size Value (US$ Million) & Volume (Unit) Trend Analysis By Market Taxonomy, 2017 to 2021 12.2. Market Size Value (US$ Million) & Volume (Unit) Forecast By Market Taxonomy, 2022 to 2032 12.2.1. By Country 12.2.1.1. GCC Countries 12.2.1.2. South Africa 12.2.1.3. Israel 12.2.1.4. Rest of Middle East and Africa 12.2.2. By Types 12.2.3. By Application 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By Types 12.3.3. By Application 12.4. Key Takeaways 13. Key Countries Market Analysis 13.1. United States of America 13.1.1. Pricing Analysis 13.1.2. Market Share Analysis, 2021 13.1.2.1. By Types 13.1.2.2. By Application 13.2. Canada 13.2.1. Pricing Analysis 13.2.2. Market Share Analysis, 2021 13.2.2.1. By Types 13.2.2.2. By Application 13.3. Brazil 13.3.1. Pricing Analysis 13.3.2. Market Share Analysis, 2021 13.3.2.1. By Types 13.3.2.2. By Application 13.4. Mexico 13.4.1. Pricing Analysis 13.4.2. Market Share Analysis, 2021 13.4.2.1. By Types 13.4.2.2. By Application 13.5. Germany 13.5.1. Pricing Analysis 13.5.2. Market Share Analysis, 2021 13.5.2.1. By Types 13.5.2.2. By Application 13.6. United Kingdom 13.6.1. Pricing Analysis 13.6.2. Market Share Analysis, 2021 13.6.2.1. By Types 13.6.2.2. By Application 13.7. France 13.7.1. Pricing Analysis 13.7.2. Market Share Analysis, 2021 13.7.2.1. By Types 13.7.2.2. By Application 13.8. Spain 13.8.1. Pricing Analysis 13.8.2. Market Share Analysis, 2021 13.8.2.1. By Types 13.8.2.2. By Application 13.9. Italy 13.9.1. Pricing Analysis 13.9.2. Market Share Analysis, 2021 13.9.2.1. By Types 13.9.2.2. By Application 13.10. China 13.10.1. Pricing Analysis 13.10.2. Market Share Analysis, 2021 13.10.2.1. By Types 13.10.2.2. By Application 13.11. Japan 13.11.1. Pricing Analysis 13.11.2. Market Share Analysis, 2021 13.11.2.1. By Types 13.11.2.2. By Application 13.12. South Korea 13.12.1. Pricing Analysis 13.12.2. Market Share Analysis, 2021 13.12.2.1. By Types 13.12.2.2. By Application 13.13. Malaysia 13.13.1. Pricing Analysis 13.13.2. Market Share Analysis, 2021 13.13.2.1. By Types 13.13.2.2. By Application 13.14. Singapore 13.14.1. Pricing Analysis 13.14.2. Market Share Analysis, 2021 13.14.2.1. By Types 13.14.2.2. By Application 13.15. Australia 13.15.1. Pricing Analysis 13.15.2. Market Share Analysis, 2021 13.15.2.1. By Types 13.15.2.2. By Application 13.16. New Zealand 13.16.1. Pricing Analysis 13.16.2. Market Share Analysis, 2021 13.16.2.1. By Types 13.16.2.2. By Application 13.17. GCC Countries 13.17.1. Pricing Analysis 13.17.2. Market Share Analysis, 2021 13.17.2.1. By Types 13.17.2.2. By Application 13.18. South Africa 13.18.1. Pricing Analysis 13.18.2. Market Share Analysis, 2021 13.18.2.1. By Types 13.18.2.2. By Application 13.19. Israel 13.19.1. Pricing Analysis 13.19.2. Market Share Analysis, 2021 13.19.2.1. By Types 13.19.2.2. By Application 14. Market Structure Analysis 14.1. Competition Dashboard 14.2. Competition Benchmarking 14.3. Market Share Analysis of Top Players 14.3.1. By Regional 14.3.2. By Types 14.3.3. By Application 15. Competition Analysis 15.1. Competition Deep Dive 15.1.1. Toshiba Corporation 15.1.1.1. Overview 15.1.1.2. Product Portfolio 15.1.1.3. Profitability by Market Segments 15.1.1.4. Sales Footprint 15.1.1.5. Strategy Overview 15.1.1.5.1. Marketing Strategy 15.1.1.5.2. Product Strategy 15.1.1.5.3. Channel Strategy 15.1.2. Sharp Corporation 15.1.2.1. Overview 15.1.2.2. Product Portfolio 15.1.2.3. Profitability by Market Segments 15.1.2.4. Sales Footprint 15.1.2.5. Strategy Overview 15.1.2.5.1. Marketing Strategy 15.1.2.5.2. Product Strategy 15.1.2.5.3. Channel Strategy 15.1.3. Sony Corporation 15.1.3.1. Overview 15.1.3.2. Product Portfolio 15.1.3.3. Profitability by Market Segments 15.1.3.4. Sales Footprint 15.1.3.5. Strategy Overview 15.1.3.5.1. Marketing Strategy 15.1.3.5.2. Product Strategy 15.1.3.5.3. Channel Strategy 15.1.4. Panasonic Corporation 15.1.4.1. Overview 15.1.4.2. Product Portfolio 15.1.4.3. Profitability by Market Segments 15.1.4.4. Sales Footprint 15.1.4.5. Strategy Overview 15.1.4.5.1. Marketing Strategy 15.1.4.5.2. Product Strategy 15.1.4.5.3. Channel Strategy 15.1.5. Samsung Electronics 15.1.5.1. Overview 15.1.5.2. Product Portfolio 15.1.5.3. Profitability by Market Segments 15.1.5.4. Sales Footprint 15.1.5.5. Strategy Overview 15.1.5.5.1. Marketing Strategy 15.1.5.5.2. Product Strategy 15.1.5.5.3. Channel Strategy 15.1.6. STMicroelectronics NV 15.1.6.1. Overview 15.1.6.2. Product Portfolio 15.1.6.3. Profitability by Market Segments 15.1.6.4. Sales Footprint 15.1.6.5. Strategy Overview 15.1.6.5.1. Marketing Strategy 15.1.6.5.2. Product Strategy 15.1.6.5.3. Channel Strategy 15.1.7. Teledyne DALSA Inc. 15.1.7.1. Overview 15.1.7.2. Product Portfolio 15.1.7.3. Profitability by Market Segments 15.1.7.4. Sales Footprint 15.1.7.5. Strategy Overview 15.1.7.5.1. Marketing Strategy 15.1.7.5.2. Product Strategy 15.1.7.5.3. Channel Strategy 15.1.8. SK Hynix Inc. 15.1.8.1. Overview 15.1.8.2. Product Portfolio 15.1.8.3. Profitability by Market Segments 15.1.8.4. Sales Footprint 15.1.8.5. Strategy Overview 15.1.8.5.1. Marketing Strategy 15.1.8.5.2. Product Strategy 15.1.8.5.3. Channel Strategy 15.1.9. GalaxyCore Inc. 15.1.9.1. Overview 15.1.9.2. Product Portfolio 15.1.9.3. Profitability by Market Segments 15.1.9.4. Sales Footprint 15.1.9.5. Strategy Overview 15.1.9.5.1. Marketing Strategy 15.1.9.5.2. Product Strategy 15.1.9.5.3. Channel Strategy 15.1.10. Hamamatsu Photonics K.K. 15.1.10.1. Overview 15.1.10.2. Product Portfolio 15.1.10.3. Profitability by Market Segments 15.1.10.4. Sales Footprint 15.1.10.5. Strategy Overview 15.1.10.5.1. Marketing Strategy 15.1.10.5.2. Product Strategy 15.1.10.5.3. Channel Strategy 16. Assumptions & Acronyms Used 17. Research Methodology
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