The global image sensors market reached a value of US$ 22.04 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 38.07 Billion by 2027, exhibiting a CAGR of 9.30% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
An image sensor is an electronic device that converts incoming light or photons into an electronic signal that can be viewed, stored, or analyzed in machine vision cameras and analog and digital imaging devices. It is used as a critical component in medical camera modules and night vision tools, such as radar, sonar, and thermal imaging devices, to detect and transmit information. It is widely available in various packages, formats, structures, chroma, resolution, frame rate, and pixel sizes. At present, several manufacturers are introducing new variants with improved sensor size, resolution, speed, and light sensitivity.
Image Sensors Market Trends:
The increasing use of smartphones for on-demand photography represents one of the key factors influencing the adoption of image sensors to make sophisticated cameras embedded in these devices. Apart from this, the emerging trend of connected vehicles on account of the growing number of road accidents is catalyzing the demand for compact, robust, and cost-effective image sensors. These sensors are incorporated in camera-enabled systems for autonomous driving, video mirror, rearview, automatic emergency braking, 360-degree surround view, driver monitoring, and comfortable and safe riding experiences. Moreover, they are extensively utilized in barcode scanners that are gaining traction in the healthcare industry to get real-time insights into medical supplies, staff, and assets. In addition to this, the escalating need for medical assistance due to the rising prevalence of chronic diseases is contributing to market growth. Besides this, leading manufacturers are introducing modern image sensors that can be utilized in closed-circuit television (CCTV) security cameras for video surveillance in residential, commercial, and industrial spaces. This, in confluence with a significant rise in the demand for CCTV cameras on account of increasing security concerns, is influencing the market positively.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global image sensors market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on technology, processing type, spectrum, array type and end use industry.
Breakup by Technology:
Complementary Metal-Oxide-Semiconductor (CMOS)
Charge-Coupled Device (CCD)
Breakup by Processing Type:
2D Image Sensors
3D Image Sensors
Breakup by Spectrum:
Breakup by Array Type:
Linear Image Sensors
Area Image Sensors
Breakup by End Use Industry:
Security and Surveillance
Automotive and Transportation
Aerospace and Defense
Breakup by Region:
Middle East and Africa
The competitive landscape of the industry has also been examined along with the profiles of the key players being ams-OSRAM AG, Canon Inc., Hamamatsu Photonics K.K., OmniVision Technologies Inc., onsemi, Panasonic Holdings Corporation, PixArt Imaging Inc., Samsung Electronics Co. Ltd., Sharp Corporation, SK hynix Inc., Sony Corporation, STMicroelectronics, Teledyne Technologies Incorporated and Toshiba Corporation.
Key questions answered in this report:
How has the global image sensors market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global image sensors market?
What are the key regional markets?
What is the breakup of the market based on the technology?
What is the breakup of the market based on the processing type?
What is the breakup of the market based on the spectrum?
What is the breakup of the market based on the array type?
What is the breakup of the market based on the end use industry?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global image sensors market and who are the key players?
What is the degree of competition in the industry?