The global Image Sensor Market was worth US$ 20.7 billion in 2021, and it is estimated to reach a valuation of US$ 34.4 billion by the end of 2027, expanding at an annual growth rate of 8.8% between 2022 and 2027.
The image sensor is an electronic device that converts an optical image into an electronic signal or indication. It is used in digital cameras and imaging devices in order to convert the light received on the camera or imaging devices into digital image. An image sensor is generally used in standalone or embedded digital cameras and imaging devices. When light strikes on the lens of a camera, the image sensor captures the light and converts it into an electric signal and then transmits it to the camera or the image device processor that transforms the electronic signal into a digital image. There are two types of image sensor i.e. Charged Couple Device and Complementary metal oxide semiconductors. The image sensors offers high sensitivity in poor light conditions, possess high speed imaging capabilities including after better daytime imaging performance and reduced likelihood of damage while viewing in bright conditions. Now a days, image sensors are significantly using for security and surveillance which is driving the demand of the image sensors in the market during the forecast period between 2022 and 2027.
The driving force of the Image Sensor Market is the increasing applications of image sensors in various sectors.
The image sensor is used in various domains such as aerospace and defense, healthcare, automotive, oil and gas, chemicals etc in order to monitor the environment in order to take right action in right time. Image sensor plays a vital role for security purposes. Therefore, the demand of the image sensor is also growing in the industries which further boost the market growth.
The growing expenditure on security and surveillance in the public areas across the globe is driving the demand of the image sensor. Government of various nations is investing on the deploying image sensors in order to maintain security in public places. The government has installed cameras and other image sensor devices in ports, railway station etc in order to monitor suspicious activities.
The demand of image sensor in automotive industry is increasing due to growing preference of consumers for high end luxury as well as economic vehicle. The increasing demand of smartphones, tablets and laptops equipped with high resolution image sensors is fueling the growth of the image senor market. Also the increasing disposable income and growth in adoption of cameras in phones and automobiles is fueling the growth of the market in period between 2022 and 2027.
The integration of analog fundamentals that require more electronic circuitry outside the sensor and consume up to 100 times more power than their comparative CMOS-based devices is likely to act as a restraint for the Image sensor market growth.
In July 2021, Samsung Electronics (a world leader in advanced semiconductor technology has introduced ISOCELL Auto 4C. It is an auto image sensor that offers advanced 120 decibel high dynamic range along with LED flicker mitigation especially surround-view monitors or rear-view cameras in high definition resolution. This new sensor is Samsung’s first imaging solution which is optimized for automobile solutions.
Market Size Available
2021 – 2027
2022 - 2027
By Technology, Processing, Spectrum, Array, Resolution, End-user, and Region.
Various Analyses Covered
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities
North America, Europe, APAC, Latin America, Middle East & Africa
Market Leaders Profiled
Sony Corporation (Japan),Samsung Semiconductor Limited. (South Korea),Omni Vision Technologies Limited,PixArt Imaging Limited (Taiwan),S.K. Hynix Inc. (South Korea),Teledyne Technologies (U.S.),Xiaomi Corporation (China),One Plus Technology Co., Ltd. (China),Huawei Technologies Co., Ltd. (China) and Others.
Complementary Metal-Oxide-Semiconductor (CMOS)
Charged-Coupled Device (CCD)
Based on Technology, the Image sensor market is segmented into Complementary Metal-Oxide-Semiconductor (CMOS), Charged-Coupled Device (CCD). CMOS is estimated to hold the largest share during the forecast period. The CMOS technology is significantly smaller than other image sensor with high resolution. These CMOS-based image sensor offer high image quality with HDR and wide FoV, which make them suitable for automotive and Smartphone applicants.
2D Image Sensor
3D Image Sensor
Based on Processing, the Image sensor market is segmented into 2D Image Sensor, 3D Image Sensor. 3D image sensor segment is expected to dominate the market during the forecast period due to rising adoption of 3D image sensor in AR/VR, automotive, 3d sensing and simultaneous localization and mapping applications owing to their depth-sensing ability.
Based on Spectrum, the Image sensor market is segmented into Visible, Non-visible. Visible spectrum is expected to dominate the market over the projected period due to increase use of image sensors that are sensitive to the visible spectrum, in consumer electronics such as smartphones, tablets and laptops.
Linear Image Sensor
Area Image Sensor
Based on Array, the Image sensor market is segmented into Linear Image Sensor, Area Image Sensor. Area image sensor is dominating the market due to growing demand of area image sensors in the market for surveillance.
1.3MP to 3MP
5MP to 10MP
12MP to 16MP
More than 16 MP
Based on Resolution, the Image sensor market is segmented into VGA, 1.3MP to 3MP, 5MP to 10MP, 12MP to 16MP, More than 16 MP. 12MP to 16 MP segment is going to dominate the market during the forecast period due to increased demand for image sensors from consumer electronics and automotive end users.
Aerospace & Defense
Medical & Life Sciences
Based on End-user, the Image sensor market is segmented into Aerospace & Defense, Homeland Security, Automotive, Consumer Electronics, Medical & Life Sciences, Industrial, and Commercial. Consumer electronics segment holds the largest market share due to increases used of cameras equipped with sensors in smartphones across the globe. The rising focus of consumers on smartphone photography has become one of the essential factor that has taken on consideration by smartphone manufacturer.
North America holds the largest share of Image Sensor Market and will dominate the market over the forecast period with a CAGR 7.88%. The major factor driving the growth of Image sensor market in North America is the large consumer base for smart phones, tablets and other consumer electronics. In United States, the adoption of advanced technologies in very high, therefore the demand of the advanced mage sensor technologies is very high which is driving the growth of the market. Also the population in this region is very much concerned about the security therefore adopting Image sensors for security purposes, therefore propelling the demand of the image sensor in the market. Also, the industries are well established in this region and very much focused on the efficient flow of operational along with security of the operational environment in order to have safe and secure business operations, thus the demand of the image sensors in increasing in industrial sector also which is boosting the growth of the market in coming years.
Asia-Pacific is also the major contributor of the image sensor market growth and is expected to remain the key revenue generator in the forecast period due to favorable consumer preferences along with the presence of a large number of major manufacturers in this region. Asia-Pacific region is expected to witness significant demand particularly in China and India due to availability and increasing demand of the high-end luxury as well as economic vehicle. The increasing penetration of the smartphones, laptops, and tablets is fueling the demand of the image sensor market. Also the rising awareness towards the safety in this region is boosting the market growth. In addition to it, the growing infrastructure development and government initiatives towards safety at public places such as railway station, airports, waterports, banks and government offices etc is fueling the demand of the Image Sensor Market in this region over the forecast period.
Europe is also witness a steady growth during this period due to increasing demand of image sensors in automotive sector. Germany will remain dominant and France and UK is witnessing a significant CAGR during this period.
The Global Image Sensor Market has been significantly impacted by the COVID-19 outbreak. The sale of the smartphones was decreased during the pandemic owing to lockdown which in turn affect the Image Sensor Market. Moreover, the lock down also affected the production as well as the supply chain of the image sensor due to unavailability of less of work force during this period. COVID-19 has also affected the GDP of various countries and the per capita income of the individuals worldwide which in turn affect the purchasing power of masses, thereby decline the growth of the image senor market. However, the economy is recovery and the demand of the image sensor is also increasing which will fuel the growth of image sensor market in near future.
Some of the leading companies operating in the Global Image Sensor Market are
Sony Corporation (Japan)
Samsung Semiconductor Limited. (South Korea)
Omni Vision Technologies Limited
PixArt Imaging Limited (Taiwan)
S.K. Hynix Inc. (South Korea)
Teledyne Technologies (U.S.)
Xiaomi Corporation (China)
One Plus Technology Co., Ltd. (China)
Huawei Technologies Co., Ltd. (China)
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year and Forecast Periods
2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline
3. Report Overview
3.1 Executive Summary
3.2 Key Inferencees
4. Market Dynamics
4.1 Impact Analysis
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends
5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market share analysis
5.1.3 Regional Presence
5.2 Mergers & Acquistion Landscape
5.3 Joint Ventures & Collaborations
6. Market Segmentation
6.1 Image Sensor Market , By Technology
6.1.1 Complementary Metal-Oxide-Semiconductor (CMOS)
6.1.2 Charged-Coupled Device
6.1.3 Market Size Estimations & Forecasts (2022-2027)
6.1.4 Y-o-Y Growth Rate Analysis
6.1.5 Market Attractiveness Index
6.2 Image Sensor Market , By Processing Type
6.2.1 2D Image Sensor
6.2.2 3D Image Sensor
6.2.3 Market Size Estimations & Forecasts (2022-2027)
6.2.4 Y-o-Y Growth Rate Analysis
6.2.5 Market Attractiveness Index
6.3 Image Sensor Market , By Spectrum
6.3.3 Market Size Estimations & Forecasts (2022-2027)
6.3.4 Y-o-Y Growth Rate Analysis
6.3.5 Market Attractiveness Index
6.4 Image Sensor Market , By Array
6.4.1 Linear Image Sensor
6.4.2 Area Image Sensor
6.4.3 Market Size Estimations & Forecasts (2022-2027)
6.4.4 Y-o-Y Growth Rate Analysis
6.4.5 Market Attractiveness Index
6.5 Image Sensor Market , By resolution
6.5.2 1.3MP to 3MP
6.5.3 5MP to 10MP
6.5.4 12MP to 16MP
6.5.5 More than 16 MP
6.5.6 Market Size Estimations & Forecasts (2022-2027)
6.5.7 Y-o-Y Growth Rate Analysis
6.5.8 Market Attractiveness Index
6.6 Image Sensor Market , By End User
6.6.1 Aerospace & Defense
6.6.2 Homeland Security
6.6.4 Consumer Electronics
6.6.5 Medical & Life Sciences
6.6.8 Market Size Estimations & Forecasts (2022-2027)
6.6.9 Y-o-Y Growth Rate Analysis
6.6.10 Market Attractiveness Index
7. Geographical Landscape
7.1 Global Image Sensor Market , by Region
7.2 North America - Market Analysis (2022-2027)
7.2.1 By Country
7.2.2 By Technology
7.2.3 By Processing Type
7.2.4 By Spectrum
7.2.5 By Array
7.2.6 By resolution
7.2.7 By End User
7.3.1 By Country
18.104.22.168 Rest of Europe
7.3.2 By Technology
7.3.3 By Processing Type
7.3.4 By Spectrum
7.3.5 By Array
7.3.6 By resolution
7.3.7 By End User
7.4 Asia Pacific
7.4.1 By Country
22.214.171.124 South Korea
126.96.36.199 South East Asia
188.8.131.52 Australia & NZ
184.108.40.206 Rest of Asia-Pacific
7.4.2 By Technology
7.4.3 By Processing Type
7.4.4 By Spectrum
7.4.5 By Array
7.4.6 By resolution
7.4.7 By End User
7.5 Latin America
7.5.1 By Country
220.127.116.11 Rest of Latin America
7.5.2 By Technology
7.5.3 By Processing Type
7.5.4 By Spectrum
7.5.5 By Array
7.5.6 By resolution
7.5.7 By End User
7.6 Middle East and Africa
7.6.1 By Country
18.104.22.168 Middle East
7.6.2 By Technology
7.6.3 By Processing Type
7.6.4 By Spectrum
7.6.5 By Array
7.6.6 By resolution
7.6.7 By End User
8. Key Player Analysis
8.1 Sony Corporation
8.1.1 Business Description
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.2 Samsung Semiconductor Limited.
8.3 Omni Vision Technologies Limited
8.4 PixArt Imaging Limited
8.5 S.K. Hynix Inc.
8.6 Teledyne Technologies
8.7 Xiaomi Corporation
8.8 One Plus Technology Co., Ltd.
8.9 Huawei Technologies Co., Ltd.
9. Market Outlook & Investment Opportunities
List of Tables
List of Figures
The image sensor market size was estimated at USD$ 20.7 billion in 2021 and estimated to reach USD$ 22.5 billion in 2022
The image sensor market is expected to grow at a compound annual growth rate of 8.8% from 2022 and 2027 to reach USD$ 34.4 billion in 2027
There are significant opportunities for image sensor market for new start-ups. These companies are providing new products those are widely used in the automotive applications as well as widely adopted in sensor fusion application.
The Asia-Pacific region is expected to dominate the image sensor market due to the increasing population and rising penetration of smartphones in countries of Asia-Pacific region. Additionally, the rising concerns about safety in the region are creating demand for image sensors for the automotive sector.
The major end users for image sensors are automotive, consumer electronics aerospace, industrial; and commercial, and homeland security; medical and life sciences and defense. Among these end users, automotive and consumer electronics are expected to have a significant share in this market
Sony Corporation (Japan), Panasonic Corporation (Japan), ST Microelectronics (Switzerland), Canon, Inc., (Japan), and Samsung Electronics Co., Ltd., (South Korea) are the major players and hold over 60% share of image sensor market.
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