Market Overview

Image Sensors: Global Market to Reach $23.2 Billion by 2023 - Rising Demand for Dual-Camera Mobile Phones is the Key Growth Driver


Image Sensors: Global Market to Reach $23.2 Billion by 2023 - Rising Demand for Dual-Camera Mobile Phones is the Key Growth Driver

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DUBLIN, July 31, 2018 /PRNewswire/ --

The "Image Sensor Market by Technology, by Processing Type, by Operating Spectrum, by Array Type, by Application by Geography - Global Market Size, Share, Development, Growth, and Demand Forecast, 2013 - 2023" report has been added to's offering.

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Global image sensors market is expected to reach $23.2 billion by 2023. Rising demand for dual-camera mobile phones, development of low-power and compact complementary metal-oxide-semiconductor (CMOS) image sensors, and increased use of image sensing devices in biometric applications are some of the major factors driving the growth of the image sensor market.

In terms of technology, the image sensors market has been categorized into CMOS and charge-coupled device (CCD). The CMOS technology has been contributing higher revenue to the industry, with an estimated share of more than 65% in 2017. It is because of the increasing adoption of the CMOS technology by the market players owing to the several advantages offered by it, including lower power consumption, faster frame rate, easier on-chip integration, and lower fabrication cost.

During the forecast period, the market for linear image sensors is expected to grow at a higher rate than that for area image sensors, because of the increasing utility of these sensors in applications that demand both speed and high image quality, such as multifunction printers, scanners, copiers, bar code readers, and cash machines. The increased demand for bar code scanners used in areas of production, sales, and distribution has led to the growth of the linear image sensor market in recent years.

APAC continues to be the largest market for image sensors

APAC is expected to continue being the largest image sensors market, globally, in the coming years, because of the presence of a large number of foundries and manufacturers of these sensors in the region. Some of the major manufacturers operating in the APAC market are Canon Inc., Hamamatsu Photonics K.K., Hitachi Ltd., Mitsubishi Motors Corporation, NHK, Sony Corporation, Toshiba Corporation, and Sharp Corporation.

Rising demand for dual-camera mobile phones is the key growth driver

The image sensors market is experiencing steady growth, which is majorly driven by the rise in the demand and sales of dual-camera mobile phones. CMOS technology-based sensors are widely used in dual-camera mobile phones owing to the increased consumer interest in next-generation photography.

Changing trends in the mobile technology and advancements in the connectivity technology have also generated a significant demand for dual-camera mobile phones in the market. The migration from second-generation to third- and fourth-generation technologies in developing markets, such as China and India, in addition to the market growth of low-end smartphones and featured smartphones, is expected to continue driving the image sensors market in the coming years.

Increasing application of image sensors in automobiles offers lucrative opportunities to the market players

Image sensing devices are increasingly being used in the automotive sector, especially in the advanced driver-assistance system (ADAS), because of their ability to enhance driver safety by gathering information on the surroundings. Besides, governments in various countries are taking initiatives to improve road safety for drivers and pedestrians with the help of the image sensing technology. For example, the European New Car Assessment Programme (Euro NCAP), a vehicle safety certification body, introduced a reward program (Euro NCAP Advanced) in 2010 to encourage the adoption of advanced safety methods. Thus, the increasing penetration of these sensors in the automobile sector is offering growth opportunities to the players in the market.

Image sensor market competitiveness

There are many small and large players offering image sensing devices and related technology products, which is increasing the intensity of rivalry in the market. Also, it is not easy for established players to exit the market, as most of these players have partnerships and agreements for raw materials and initial manufacturing and development with outsourced semiconductor assembly and test (OSAT) providers and chip manufacturers.

The image sensors market is offering high growth opportunities to the market players, mainly in the CMOS segment, which is witnessing a rise because of the introduction of smart devices and their rapid penetration in various industries.

Key Topics Covered

Chapter 1. Research Background
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.3.1 Market Segmentation By Technology
1.3.2 Market Segmentation By Processing Type
1.3.3 Market Segmentation By Operating Spectrum
1.3.4 Market Segmentation By Array Type
1.3.5 Market Segmentation By Application
1.3.6 Market Segmentation By Geography
1.3.7 Analysis Period
1.3.8 Market Data Reporting Unit Value
1.4 Key Stakeholders

Chapter 2. Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.2.1 Breakdown Of Primary Research Respondents By Region By Industry Participant By Company Type
2.3 Market Size Estimation
2.4 Data Triangulation
2.5 Assumptions For The Study

Chapter 3. Executive Summary

Chapter 4. Introduction
4.1 Definition Of Market Segments
4.1.1 By Technology Cmos Fsi Bsi Ccd
4.1.2 By Processing Type 2D 3D
4.1.3 By Operating Spectrum Visible Invisible
4.1.4 By Array Type Linear Area
4.1.5 By Application
4.2 Market Dynamics
4.2.1 Trends Continuous Evolution Of Cmos Image Sensors Rapid Technological Developments In The Image Sensor Industry
4.2.2 Drivers Rising Demand For Dual-Camera Mobile Phones Development Of Low-Power And Compact Cmos Image Sensors Increased Use Of Image Sensors In Biometric Applications Impact Analysis Of Drivers On Market Forecast
4.2.3 Restraints Higher Power Consumption In Ccd Image Sensors Falling Market Of Dscs Impact Analysis Of Restraints On Market Forecast
4.2.4 Opportunities Increased Use Of Optical Molecular Imaging Techniques In Healthcare Increasing Application Of Image Sensors In Automobiles
4.3 Porter'S Five Forces Analysis
4.3.1 Bargaining Power Of Buyers
4.3.2 Bargaining Power Of Suppliers
4.3.3 Threat Of New Entrants
4.3.4 Intensity Of Rivalry
4.3.5 Threat Of Substitutes

Chapter 5. Global Market Size And Forecast
5.1 By Technology
5.1.1 Cmos Image Sensor Market, By Type
5.2 By Processing Type
5.3 By Operating Spectrum
5.4 By Array Type
5.5 By Application
5.5.1 Consumer Electronics Image Sensor Market, By Type
5.5.2 Healthcare And Life Sciences Image Sensor Market, By Type
5.6 By Region

Chapter 6. North America Market Size And Forecast
6.1 By Technology
6.1.1 Cmos Image Sensor Market, By Type
6.2 By Processing Type
6.3 By Operating Spectrum
6.4 By Array Type
6.5 By Application
6.5.1 Consumer Electronics Image Sensor Market, By Type
6.5.2 Healthcare And Life Sciences Image Sensor Market, By Type
6.6 By Country

Chapter 7. Europe Market Size And Forecast
7.1 By Technology
7.1.1 Cmos Image Sensor Market, By Type
7.2 By Processing Type
7.3 By Operating Spectrum
7.4 By Array Type
7.5 By Application
7.5.1 Consumer Electronics Image Sensor Market, By Type
7.5.2 Healthcare & Life Sciences Image Sensor Market, By Type
7.6 By Country

Chapter 8. Apac Market Size And Forecast
8.1 By Technology
8.1.1 Cmos Image Sensor Market, By Type
8.2 By Processing Type
8.3 By Operating Spectrum
8.4 By Array Type
8.5 By Application
8.5.1 Consumer Electronics Image Sensor Market, By Type
8.5.2 Healthcare & Life Sciences Image Sensor Market, By Type
8.6 By Country

Chapter 9. Row Market Size And Forecast
9.1 By Technology
9.1.1 Cmos Image Sensor Market, By Type
9.2 By Processing Type
9.3 By Operating Spectrum
9.4 By Array Type
9.5 By Application
9.5.1 Consumer Electronics Image Sensor Market, By Type
9.5.2 Healthcare & Life Sciences Image Sensor Market, By Type
9.6 By Country

Chapter 10. Competitive Landscape
10.1 Market Share Analysis Of Key Players
10.2 Recent Activities Of Key Players
10.3 Global Strategic Developments Of Key Players
10.3.1 Product Launches
10.3.2 Partnerships
10.3.3 Other Developments

Chapter 11. Company Profiles
11.1 Sony Corporation
11.1.1 Business Overview
11.1.2 Product And Service Offerings
11.1.3 Key Financial Summary
11.1.4 Strategic Growth Plans
11.2 Panasonic Corporation
11.2.1 Business Overview
11.2.2 Product And Service Offerings
11.2.3 Key Financial Summary
11.2.4 Strategic Growth Plans
11.3 Samsung Electronics Co. Ltd.
11.3.1 Business Overview
11.3.2 Product And Service Offerings
11.3.3 Key Financial Summary
11.3.4 Strategic Growth Plans
11.4 Omnivision Technologies Inc.
11.4.1 Business Overview
11.4.2 Product And Service Offerings
11.5 Canon Inc.
11.5.1 Business Overview
11.5.2 Product And Service Offerings
11.5.3 Key Financial Summary
11.5.4 Strategic Growth Plans
11.6 Stmicroelectronics N.V.
11.6.1 Business Overview
11.6.2 Product And Service Offerings
11.6.3 Key Financial Summary
11.6.4 Strategic Growth Plans
11.7 Toshiba Corporation
11.7.1 Business Overview
11.7.2 Product And Service Offerings
11.7.3 Key Financial Summary
11.7.4 Strategic Growth Plans
11.8 Sk Hynix Inc.
11.8.1 Business Overview
11.8.2 Product And Service Offerings
11.8.3 Key Financial Summary
11.8.4 Strategic Growth Plans
11.9 On Semiconductor Corporation
11.9.1 Business Overview
11.9.2 Product And Service Offerings
11.9.3 Key Financial Summary
11.9.4 Strategic Growth Plans
11.1 Hamamatsu Photonics K.K.
11.10.1 Business Overview
11.10.2 Product And Service Offerings
11.10.3 Key Financial Summary

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