launchora_img

Illustration by @_ximena.arias

CMOS Image Sensor Market to Grow with a CAGR of 6.32%

Info

Research Nester has released a report titled “CMOS Image Sensor Market: Global Demand Analysis & Opportunity Outlook 2031” which also includes some of the prominent market analyzing parameters such as industry growth drivers, restraints, supply and demand risk, along with the impact of COVID-19 and a detailed discussion on the latest trends and future opportunities that are associated with the growth of the market.

The global CMOS image sensor market is expected to generate revenue of USD 39,544.3 million by the end of 2031, by increasing at a CAGR of 6.32% over the forecast period, i.e., 2022-2031. Additionally, in 2018, the market brought in USD 15,752.4 million in revenue. Rising demand for high-definition image-capturing devices is anticipated to boost the market growth. For instance, Sony Corporation unveiled the IMX485 type 1/1.2 4K-resolution back-illuminated CMOS image sensor and the IMX415 type 1/2.8 4K CMOS image sensor in June 2019. Sony created these two security camera sensors to address the constantly growing demand for security cameras in a range of monitoring applications, such as anti-theft, disaster warning, and traffic monitoring systems, or commercial complexes.

The market is segmented into consumer electronics, medical, industrial, security & surveillance, automotive & transportation, and aerospace & defense based on end use industry. Out of these segment, the automotive & transportation segment is predicted to grow with the highest CAGR of 8.34% during the forecast period and generate USD 6,646.7 million in revenue by the end of 2031. Moreover, in 2018, the segment generated revenue of USD 2,053.5 million.

Geographically, there are five main regions that make up the global CMOS image sensor market which includes North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. By the end of 2031, the market in Asia Pacific is anticipated to generate the highest revenue among all regions, amounting to USD 17,759.3 million. Furthermore, the market in this region brought in USD 6,501.0 Million in revenue in 2018.

The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.

The global CMOS image sensor market is likely to experience growth throughout the forecast period, but this is expected to be constrained by factors such as low megapixel camera acting as disadvantage, high manufacturing cost, and CMOS image sensor (CIS) verification proves to be challenging.

This report also provides the existing competitive scenario of some of the key players of the global CMOS image sensor market, which includes company profiling of STMicroelectronics International NV, Samsung Electronics America, Inc., Sony Semiconductor Solutions Corporation, ON Semiconductor Components Industries, LLC, Canon, Inc., SK Hynix Inc., OMNIVISION Technologies Inc., Hamamatsu Photonics K.K., Panasonic Industry Co. Ltd., and Teledyne Technologies Inc.

The profiling enfolds key information of the companies which comprises of business overview, products and services, key financials and recent news and developments. Conclusively, the report titled “Global CMOS Image Sensor Market: Global Demand Analysis & Opportunity Outlook 2031”, analyses the overall global CMOS image sensor market to help new entrants to understand the details of the market. In addition to that, this report also guides existing players looking for expansion and major investors looking for investment in the global medical device connectivity market in the near future.


Be the first to recommend this story!
launchora_img
More stories by Scott
Point-of-Entry Water Treatment Systems Market Size...

Point-of-Entry Water Treatment Systems Market

00
High Performance Ceramic Coatings Market Size & De...

High Performance Ceramic Coatings Market

00
Future Of Computational Biology Market

Computational Biology Market

00

Stay connected to your stories

CMOS Image Sensor Market to Grow with a CAGR of 6.32%

18 Launches

Part of the Life collection

Published on September 21, 2022

Recommended By

(0)

    WHAT'S THIS STORY ABOUT?

    Characters left :

    Category

    • Life
      Love
      Poetry
      Happenings
      Mystery
      MyPlotTwist
      Culture
      Art
      Politics
      Letters To Juliet
      Society
      Universe
      Self-Help
      Modern Romance
      Fantasy
      Humor
      Something Else
      Adventure
      Commentary
      Confessions
      Crime
      Dark Fantasy
      Dear Diary
      Dear Mom
      Dreams
      Episodic/Serial
      Fan Fiction
      Flash Fiction
      Ideas
      Musings
      Parenting
      Play
      Screenplay
      Self-biography
      Songwriting
      Spirituality
      Travelogue
      Young Adult
      Science Fiction
      Children's Story
      Sci-Fantasy
      Poetry Wars
      Sponsored
      Horror
    Cancel

    You can edit published STORIES

    Language

    Delete Opinion

    Delete Reply

    Report Content


    Are you sure you want to report this content?



    Report Content


    This content has been reported as inappropriate. Our team will look into it ASAP. Thank You!



    By signing up you agree to Launchora's Terms & Policies.

    By signing up you agree to Launchora's Terms & Policies.