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.
Market Overview
The research firm Contrive Datum Insights has just recently added to its database a report with the heading global Camera Sensors Market Analysis and Forecast 2023-2030. Both primary and secondary research methodologies have been utilised in order to conduct an analysis of the worldwide Camera Sensors Market Analysis and Forecast 2023-2030. In order to provide a comprehensive comprehension of the topic at hand, it has been summed up using appropriate and accurate market insights. According to Contrive Datum Insights, this worldwide comprehensive report is broken up into several categories in order to present the data in a way that is understandable, succinct, and presented in a professional manner. Sensors have become a big part of the semiconductor industry, which is growing fast. Sensors are becoming more and more important as technology advances and new uses are found for them. Sensors are essential to modern vehicles, advanced driver assistance systems (ADAS), new medical devices, automated production technologies, smart building technologies, and power supply systems. At the same time, sensors are getting more powerful, specific, and accurate. They are also often getting smarter, better at communicating, and more popular to use in building smart infrastructure at a lower cost. Early on, CCD (Charge-Coupled Device) technology was used a lot because it gave clear and sensitive images. Since 2004, however, more improvements to Complementary Metal-Oxide-Semiconductor (CMOS) have made CMOS image sensors more popular than CCD image sensors. CMOS sensors use less power and are smaller than CCD sensors, which use high-voltage analog circuits. So, CMOS is more popular than CCD and brings in more money for the camera sensor market to grow.
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Segment Analysis
It encompasses the most important key players in the world’s various regions and contains them. In this research report, several different techniques that high-level industries have utilised to achieve their goals are discussed. In order to obtain a more in-depth analysis of a number of different businesses, player profiles of the most important top players have been developed. It is beneficial to have an understanding of the worldwide competition on both the domestic and international platforms.
It provides a detailed description of the drivers and opportunities in the Camera Sensors Market Analysis and Forecast 2023-2030, which assists current customers and potential customers in gaining a clear vision and making decisions that are most effective for them. In order to discover the desired facts regarding the target market, various types of analysis models, such as Camera Sensors Market Analysis and Forecast 2023-2030, are utilised. In addition to this, it includes a variety of different techniques for strategic planning, which encourages the way to define and develop the framework of the various industries. By type of array, area image sensors will have a larger share of the market for image sensors in 2027.
During the forecast period, the market for image sensors is expected to be led by the segment for area image sensors. The growth of this market segment can be explained by the fact that area image sensors are being used in more and more applications. The more than 16 MP segment was the biggest part of the image sensor market in 2021. In 2021, the largest share of the image sensor market came from consumer electronics. The segment is mostly driven by the growing demand for consumer electronics and the improvements in technology for those devices. Also, the top companies that make image sensors for consumer electronics are Sony Group, Samsung Electronics Co., Ltd., OMNIVISION, ON Semiconductor Corporation, Panasonic Corporation, PixArt Imaging Inc., and Himax Technologies, Inc.
Based on types, the Camera Sensors Market Analysis and Forecast 2023-2030 is segmented into:
- CMOS Sensor
- CCD Sensor
Based on application, the Camera Sensors Market Analysis and Forecast 2023-2030 is segmented into:
- 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
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Recent Development
In May 2022, STMicroelectronics N.V. introduced VB56G4A, a second-generation automotive global-shutter image sensor that makes designing driver monitoring systems (DMS) easier by making use of investments in advanced 3D-chip technology.
In March 2022, OMNIVISION released the new OS03B10 CMOS image sensor. It gives security surveillance, IP, and HD analog cameras high-quality digital pictures and high-definition (HD) video in a 1/2.7-inch optical size.
Sony Semiconductor Solutions Corporation, a part of Sony Group, made 2-Layer Transistor Pixel stacked CMOS image sensor technology in December 2021. In this new technology, photodiodes and pixel transistors are separated on different layers of substrate. Compared to traditional image sensors, the architecture almost doubles the saturation signal level, increases the dynamic range, and reduces noise, which greatly improves the image quality. The technology’s pixel structure tries to make it possible for pixels to keep or improve their properties at both their current sizes and smaller ones.
In May 2022, OMNIVISION and Leopard Imaging Inc. worked together to launch AI camera solutions for self-driving machines that worked with the OA8000 and OAX8000 camera video processors. The two companies will work closely together to add these powerful OMNIVISION processors and high-performance image sensors to a wide range of AI systems, such as self-driving cars, robots, the Internet of Things (IoT), drones, and other self-driving applications.
In March 2020, GalaxyCore Shanghai Limited Corporation and the management committee of the Lingang New Area of China (Shanghai) Free Trade Pilot Zone signed an agreement to work together. The business plans to invest in research and development and production of the 12-inch CIS integrated circuit in the Lingang New Area.
Regional Analysis
Asia-Pacific had the biggest share of the global image sensor market in 2021, and it is expected to grow at the fastest rate over the forecast period. Different companies in China, Japan, South Korea, and other countries in the region are making improvements to image sensors, which drives the market. These companies meet the growing demand for image sensors in consumer electronics, cars, security and surveillance systems, etc.
Some of the biggest smartphone companies are based in the Asia-Pacific region, which is why the market there is growing. The market for image sensors is also expected to grow in the near future because Asia-Pacific countries are getting more people and using smartphones more. Also, the governments of a number of countries in the region are taking steps to make sure that vehicles are safe, which is creating demand for image sensors in the automotive sector.
Regional Camera Sensors Market Analysis and Forecast 2023-2030 coverage (Regional Status, Demand Forecast, Country Trends, etc.):
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- North America, Europe, China, Japan, Southeast Asia, India.
- North America (USA, Canada, and Mexico).
- Europe (Germany, France, UK, Russia and, Italy).
- Asia-Pacific (China, Japan, Korea, India and, Southeast Asia).
Key segments covered in Camera Sensors Market Analysis and Forecast 2023-2030 include:
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- Camera Sensors Market Analysis and Forecast 2023-2030 Growth Drivers and Barriers.
- Market Trends, Market Opportunities, Porter’s Five Forces Analysis.
- Market Overview, Industry Development, Market Maturity, Value Chain Analysis.
- Regional and Country Level Analysis.
- Trends and Forecasts for Market Segments.
- Market Analysis and Various Recommendations.
- Key market forces.
Report Customization: This report will be customized to your needs for additional data up to 5 companies or 5 countries or nearly 40 analyst hours.
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Key Market Participants in the Camera Sensors Market Analysis and Forecast 2023-2030:
Sony Group (Japan), Samsung Electronics Co., Ltd. (Japan), OMNIVISION (US), STMicroelectronics N.V.
Recent Development
In May 2022, STMicroelectronics N.V. introduced VB56G4A, a second-generation automotive global-shutter image sensor that makes designing driver monitoring systems (DMS) easier by making use of investments in advanced 3D-chip technology.
In March 2022, OMNIVISION released the new OS03B10 CMOS image sensor. It gives security surveillance, IP, and HD analog cameras high-quality digital pictures and high-definition (HD) video in a 1/2.7-inch optical size.
Sony Semiconductor Solutions Corporation, a part of Sony Group, made 2-Layer Transistor Pixel stacked CMOS image sensor technology in December 2021. In this new technology, photodiodes and pixel transistors are separated on different layers of substrate. Compared to traditional image sensors, the architecture almost doubles the saturation signal level, increases the dynamic range, and reduces noise, which greatly improves the image quality. The technology’s pixel structure tries to make it possible for pixels to keep or improve their properties at both their current sizes and smaller ones.
In May 2022, OMNIVISION and Leopard Imaging Inc. worked together to launch AI camera solutions for self-driving machines that worked with the OA8000 and OAX8000 camera video processors. The two companies will work closely together to add these powerful OMNIVISION processors and high-performance image sensors to a wide range of AI systems, such as self-driving cars, robots, the Internet of Things (IoT), drones, and other self-driving applications.
In March 2020, GalaxyCore Shanghai Limited Corporation and the management committee of the Lingang New Area of China (Shanghai) Free Trade Pilot Zone signed an agreement to work together. The business plans to invest in research and development and production of the 12-inch CIS integrated circuit in the Lingang New Area.
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