Wednesday 1 April 2015, Amsterdam
The new report recognizes the following companies as the key players in the Mobile Image Sensor Market in China: Aptina Imaging Corp., OmniVision Technologies Inc., Samsung Electronics Co. Ltd. and Sony Semiconductor Corp.
Other Prominent Vendors in the market are: Canon, GalaxyCore, LG Innotek, Panasonic Corporation, Sharp, Sharpvision, SiliconFile, Sunny Optical Technology, STMicroelectronics and Toshiba.
Commenting on the report, an analyst from the report's team said: “One of the major trends that the Mobile Image Sensor market in China is expected to witness is the rapid advances in technology in the market as vendors are focusing on introducing better versions of smartphones in terms of technology.”
According to the report, one major factor driving growth in this market is the increasing penetration of smartphones. With the continual decline in smartphone prices and improving camera quality, the demand for mobile image sensors is growing.
Further, the report states that one of the main challenges that are hindering the growth of this market is the high cost of production because of the high cost of raw materials. The cost of producing image sensors is increasing yearly because of the R&D expenditure incurred by vendors and also because of the marketing costs.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.