The Impact of COVID-19 on the Global Image Sensor Market 2020-2025
DUBLIN, Sept. 22, 2020 /PRNewswire/ -- The "Image Sensor Market with COVID-19 Impact Analysis by Technology (CMOS Image Sensors), Processing Technique (3D Image Sensors), Spectrum, Array Type, Resolutions End User (Automotive, Consumer Electronics), and Geography - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
Major factors driving the growth of the image sensor market include an increase in the incorporation of high-resolution cameras equipped with image sensors in mobile devices, growth in adoption of image cameras for automotive applications, and rise in use of image sensors in improved medical imaging solutions.
Based on technology, the CMOS image sensor to be the fastest-growing technology segment between 2020 and 2025.
In 2019, the CMOS image sensors segment accounted for the largest size of the image sensor market. This segment is projected to grow at the highest CAGR of 9.0% from 2020 to 2025. The key factors contributing to the growth of the CMOS image sensor segment are the advantages offered by these sensors. CMOS image sensors have replaced CCD image sensors in a wide range of applications owing to their low costs, less power consumption, ease of integration, and high-quality image output. Companies present in the market are developing CMOS image sensors with high resolution and built-in artificial intelligence (AI) capabilities to create new revenue streams for them.
Based on the processing technique, the 2D image sensor to hold the largest market share in 2025.
The key factor contributing to the growth of the 2D image sensors segment is the increased adoption of these sensors in consumer electronics, automotive, industrial, and medical applications. These image sensors use hyperspectral imaging to detect, recognize, and identify objects.
Based on array type, area image sensors to be the fastest-growing application between 2020 and 2025.
The area image sensors segment is projected to lead the image sensor market from 2020 to 2025. The growth of this segment can be attributed to the increased adoption of area image sensors in smartphones, tablets, automobile cameras, and surveillance cameras. These imager sensors have low power consumption and offer features such as colour noise reduction (CNR), high-dynamic-range (HDR), and backside illumination (BSI).
Based on the spectrum, non-visible segment to be the fastest-growing application between 2020 and 2025.
The non-visible segment of the image sensor market is projected to grow at a higher CAGR than the visible segment during the forecast period. The key factor contributing to the growth of this segment is the rise in demand for infrared image sensors for use in automotive applications. These sensors capture light from the infrared spectrum, which enables their use in night vision and low-light imaging applications. They offer visibility to drivers in dark conditions. Autonomous vehicles employ a large number of image sensors, including infrared image sensors for visibility in the dark, which is expected to drive the growth of the non-visible segment of the market.
Based on end-user, the automotive segment to be the fastest-growing application between 2020 and 2025.
The automotive segment of the market is projected to grow at the highest CAGR from 2020 to 2025. The key factor contributing to the growth of this segment is the increasing safety concerns among automobile manufacturers. In automobiles, image sensors are used in ADAS, driver monitoring systems, night vision systems, eMirrors, blind-spot detection systems, cabin monitoring systems, surrounding view systems, and parking assistance systems. These systems make the whole driving experience safe and comfortable. Moreover, the development of autonomous vehicles and their dependency on image sensors are expected to drive the growth of the image sensor market in the near future.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Impact of Covid-19 on Image Sensor Market
7 Image Sensor Market, by Technology
8 Image Sensor Market, by Processing Technique
9 Image Sensor Market, by Spectrum
10 Image Sensor Market, by Array Type
11 Image Sensor Market, by Resolution
12 Image Sensor Market, by End User
13 Geographic Analysis
14 Competitive Landscape
15 Company Evaluation Matrix and Company Profiles
16 Company Profile
Companies Mentioned
- Airy3D
- AMS AG
- Canon Inc.
- Fastree3D SA
- Gpixel Inc.
- Hamamatsu Photonics K.K.
- Himax Technologies, Inc.
- Omnivision Technologies, Inc.
- ON Semiconductor Corporation
- Panasonic Corporation
- Pixart Imaging Inc.
- Pixelplus Co., Ltd.
- Prophesee S.A.
- Samsung Electronics Co., Ltd.
- Sharp Corporation
- SK Hynix Inc.
- Sony Corporation
- STMicroelectronics
- Teledyne Technologies Incorporated
- Unispectral Ltd.
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