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The report includes a brief description of the factors driving and restraining the market as well as the opportunities and challenges. The factors driving the market include dual camera mobile phones, growing usage of webcams in tablets and laptops, advanced technologies in the automotive sector, and availability of low-cost CMOS sensors.
This research has been segmented on the basis of technology, specification, application, and region. The market segmented on the basis of technology includes CMOS, CCD, and hybrid.
This report gives a detailed view of the market across the four geographic regions, namely, North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW). The Europe market is expected to grow at a CAGR of 8.65% between 2015 and 2020.
The other market for image sensor is expected to grow at a high CAGR of 13.61% between 2015 and 2020. Specially the CMOS sector is expected to account for a large market share of ~93% in 2020.
The market on the basis of application includes aerospace, automotive, consumer electronics, healthcare, industrial, entertainment, security & surveillance, and others. The application of image sensors in the consumer electronics sector held a large share of the image sensor market. The growing trend of dual camera mobile phones and webcams in laptops and tablets among youngsters is driving the consumer electronics sector of the market. The market for image sensor in consumer electronics is expected to grow at a CAGR of 10.29% between 2015 and 2020.
Asia-Pacific accounted for a large market share of ~37% of the studied market in 2014 and this trend is expected to continue during the forecast period. The market in North America is expected to account for a share of ~29% by 2020, growing at a CAGR of 9.39% between 2015 and 2020.
Top companies involved in this market:
CMOSIS nv (Belgium), e2v technologies Inc. (U.K.), GalaxyCore Inc. (China), OmniVision technologies Inc. (U.S.), ON Semiconductor Corporation (U.S.), Panasonic Corporation (Japan), Samsung Electronics Co. Ltd. (South Korea), Sharp Corporation (Japan), SK Hynix Inc. (South Korea), Sony Corporation (Japan), Teledyne Technologies, Inc. (U.S.), and Toshiba Corporation (Japan).
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