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Global Camera Sensors Market Analysis and Forecast 2023-2030

Global Camera Sensors Market Analysis and Forecast 2023-2030

Region : Global | Format : report format | Report ID : 231122 | No. of Pages : 158

  • DESCRIPTION
  • TABLE OF CONTENT
  • METHODOLOGY
  • REPORT SCOPE

The global Camera Sensors Market is expected to register USD 26.1 billion in 2023, and is projected to grow at a CAGR of 8.6% during the forecast period 2023 to 2030.

Camera Sensors Market Overview:

Sensors have become a major sector contributing to the booming semiconductor industry. The constant development of technology and innovative applications are increasing the importance of sensors day by day. Sensors are fundamental to modern vehicles, advanced driver assistance systems (ADAS), innovative medical devices, automated production technologies, smart building technologies and power supply systems. At the same time, sensors are becoming more powerful, specific, and precise, often smarter, more communicative, and more popular to deploy in developing smart infrastructure at lower cost. CCD (Charge-Coupled Device) technology was widely used in the early days because of its excellent image quality and sensitivity. However, due to numerous improvements in Complementary Metal-Oxide-Semiconductor (CMOS), CMOS image sensors have overtaken CCD image sensors in terms of shipments since 2004. Unlike CCD sensors that use high-voltage analog circuits, CMOS consumes less power and is more compact than CCD. Therefore, CMOS is preferred over CCD and thus contributes more revenue to the camera sensor market growth.

Camera Sensors market size estimates and forecasts are provided in terms of sales volume (K units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Camera Sensors market in detail. Regional market sizes related to products by type, by application, and by player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and other global crisis.

 Camera Sensors Market 

Significant Camera Sensors Market Dynamics and Growth Factors:

Growing popularity of ADAS systems is driving camera sensor market demand in the automotive sector:
The modern automotive sector is growing rapidly by adopting new technologies such as machine vision, asset management, artificial intelligence and related innovations. Advanced driver assistance systems with 360-degree surround cameras, 360-degree vision, anti-lock brakes, lane departure warning, electronic stability control, traction control, and adaptive cruise control are gaining popularity. ADAS infrastructure represents a major use of image sensors for machine vision technology. ADAS technology has propelled the concept of driverless cars or autonomous vehicles. These new concepts are expected to contribute significantly to increasing the adoption of image sensors and fueling the demand for image sensors during the forecast period.

Continued transition to CMOS technology and improved image quality in favor of camera sensor market development:
Compact size, improved sensitivity, and efficient utilization of power are favoring the adoption of CMOS image sensors while suppressing CCD image sensor technology. CMOS image sensor technology has become more popular as it provides improved image quality and reduces manufacturing costs. Significantly, the development of CMOS infrastructure and the advent of advanced imaging technologies are expected to increase the camera sensor market size. For example, Sony Corporation developed the Back Side Illuminated (BSI) CMOS sensor in 2018 and it has been mainly adopted due to its high-resolution image quality. Therefore, the adoption of CMOS imaging sensors has increased the camera sensor market revenue.

Industry News and Key Developments

  • In May 2022, STMicroelectronics N.V. unveiled a second-generation automotive global shutter image sensor called the VB56G4A that simplifies driver monitoring system (DMS) design by leveraging its investment in advanced 3D chip technology.
  • In March 2022, OMNIVISION introduced the new OS03B10 CMOS image sensor, which delivers high-quality digital pictures and high-definition (HD) video for surveillance, IP, and HD analog cameras in a 3MP 1/2.7-inch optical size.
  • In December 2021, Sony Semiconductor Solutions Corporation, a subsidiary of Sony Group, developed 2-Layer Transistor Pixel stacked CMOS image sensor technology. In this innovative technology, photodiodes and pixel transistors are separated from the various substrate layers. This architecture significantly improves image quality by nearly doubling the level of saturated signals compared to conventional image sensors, increasing dynamic range and minimizing noise. The technology's pixel structure allows pixels to retain or improve existing properties not only now, but also at reduced pixel sizes.
  • In May 2022, OMNIVISION teamed up with Leopard Imaging Inc. to launch an artificial intelligence (AI) camera solution for autonomous machines supporting the OA8000 and OAX8000 camera video processors. The two companies will work closely to integrate these powerful OMNIVISION processors with high-performance image sensors into a variety of AI systems, including autonomous driving, robotics, IoT, drones and other self-driving applications.

The Camera Sensors market research report is categorized based on type, applications and region.

Market Key Players:

Sony Group (Japan), Samsung Electronics Co., Ltd. (Japan), OMNIVISION (US), STMicroelectronics N.V. (Switzerland), GalaxyCore Shanghai Limited Corporation (China), ON Semiconductor Corporation (US), Panasonic Holdings Corporation (Japan), Canon Inc. (Japan), SK hynix Inc. (South Korea), and PixArt Imaging Inc. (Taiwan), and others.

By Type:

  • CMOS Sensor
  • CCD Sensor

By Application:

  • Consumer Electronics
  • Automotive
  • Commercial
  • Industrial & Security
  • Medical

Based on Processing Technique:

  • 2D Image Sensors
  • 3D Image Sensors

Based on Spectrum:

  • Visible spectrum
  • Non-visible spectrum
Camera Sensors Market EU

By Region:

Geographically, the global Camera Sensors market has been analysed in various regions such as North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA).
Among them, the European market is expected to have a high adoption rate of camera sensors due to increased purchases of camera modules and smartphones. This is expected to contribute to the development of the market in the coming years. North America also holds a significant imaging market share. Technological developments and innovative technology adoption rates have increased the popularity of advanced imaging solutions in the region. Additionally, the automotive, consumer electronics, and medical industries show good adoption of imaging sensors and products in these regions. Latin America (LATAM) and Middle East & Africa (MEA) markets are expected to witness healthy growth rates due to increasing adoption of ADAS systems and safety regulations in those regions.

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • France
    • Italy
    • Spain
    • UK
    • Nordic Countries
      • Denmark
      • Finland
      • Iceland
      • Sweden
      • Norway
    • Benelux Union
      • Belgium
      • The Netherlands
      • Luxembourg
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • Australia
    • South Korea
    • Southeast Asia
      • Indonesia
      • Thailand
      • Malaysia
      • Singapore
      • Rest of Southeast Asia
    • Rest of Asia-Pacific
  • The Middle East & Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • South Africa
    • Rest of the Middle East & Africa
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America

Camera Sensors Market report scope

Camera Sensors Market Table

 

Key Takeaways from this Camera Sensors Report

  • Estimate Camera Sensors market potential through analysing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, applications and by different industry verticals.
  • Understand the supply chain in depth on the value growth at each step, in order to optimize value and bring effectiveness in your processes.
  • Know the different dynamics affecting the market - challenges, key driving factors and opportunities.
  • Get a quick viewpoint on the Camera Sensors market entropy - M&A's, deals, partnerships, product launches of all key companies for the historical 5 years.
  • Estimate the supply-demand gaps, import-export data and regulatory landscape for more than top 20 countries worldwide for the market.
  • Get complete insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
  • Study the sales and distribution channels over key geographies to improve top-line revenues.

Frequently Asked Questions

At what CAGR is the Camera Sensors market projected to grow in the forecast period 2022 to 2030?

What are the types of Camera Sensors market?

What are the applications of Camera Sensors market?

Who are the top players in Camera Sensors market?

Which application segment is expected to drive the growth of the Camera Sensors market in the next 5 years?

Which are the key deployments types adopting Camera Sensors market?

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