Globally, the size of the image sensor market is expected to grow above 8.20% CAGR 2022-2030
Globally, the size of image sensor market is expected to grow above 9.06% CAGR (2022-2030). The major growth driver of image sensor market includes rising demand for camera enabled mobile phones, low power consumption and compactness of CMOS image sensor, and increased use of image sensors in biometric applications among others. However, high power consumption in CCD image sensors and falling market of digital still camera are the factors among others which are hindering the growth of image sensor market.
Some of the major players in global image sensor market includes Sony Corporation (Japan), Samsung Semiconductor Inc. (South Korea), OmniVision Technologies Inc. (U.S.), Aptina Imaging Corporation (ON Semiconductor) (U.S.), Himax Imaging (Taiwan), GalaxyCore Inc. (China), SK Hynix Inc. (Korea), and STMicroelectronics N.V (Switzerland) among others.
North-America is dominating the Global Image Sensor Market with the largest market share, and thereby accounting high market above ~35%. The Asia-Pacific region is expected to grow at high CAGR during the forecast period 2022-2030 from ~USD 4 billion in 2016 to 39 Billion by 2030. The European image sensor market share is expected to grow at above 9.6% CAGR (2022-2030).
The Rest of the World
The report for Image Sensor Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
|Market Size||39 Billion|
|Forecast Units||Value (USD Million)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||Application, Technology, Operating Spectrum, Array Type|
|Geographies Covered||North America, Europe, Asia-Pacific, and Rest of the World (RoW)|
|Key Vendors||Sony Corporation (Japan), Samsung Semiconductor Inc. (South Korea), OmniVision Technologies Inc. (U.S.), Aptina Imaging Corporation (ON Semiconductor) (U.S.), Himax Imaging (Taiwan), GalaxyCore Inc. (China), SK Hynix Inc. (Korea), and STMicroelectronics N.V (Switzerland)|
|Key Market Opportunities||Increasing usage of image sensors in automotive applications such as lane departure warning system, rear corners, advanced driver assistance system, safety and security system.|
|Key Market Drivers||
Global image sensor market is expected to reach 39 Billion by forecast 2030 with a CAGR of 9.6% during the forecast period.
Sony Corporation, OmniVision Technologies Inc., Samsung Semiconductor Inc., Aptina Imaging Corporation (ON Semiconductor), GalaxyCore Inc., Himax Imaging, SK Hynix Inc., and STMicroelectronics N.V, are some of the top players operating in the global image sensor market.
Rising demand for camera enabled mobile phones, low power consumption, and increased use in biometric applications are major tailwinds pushing the growth of the global image sensor market.
North America holds the largest share in the global image sensor market, followed by Europe, and the Asia Pacific region, respectively.