Press release
Global Image Sensors Market Research and Forecast, 2017-2022
Image Sensors Market, Size, Share, Market Intelligence, Company Profiles, Market Trends, Strategy, Analysis, Forecast 2017-2022Global Image sensors market Insights:
Image sensors market is a device that converts an optical image to an electric signal. Majorly, there are two types of image sensors; Charged Couple Device (CCD) and CMOS (Complementary Oxide Semiconductor). Typically, when the light strikes the lens of the camera, the image sensor captures the light and converts it into some electric signals and transmits it to the camera or imaging devices processor, which transforms the electric signal into a digital image.
The market size of the image sensors was estimated to be $11.6 billion in 2016 and further estimated to reach $XX billion by 2022. The image sensor market is anticipated to grow with the CAGR of 7.9% during the forecast period (2017-2022). The growth of the market is attributed mainly owing to the increasing popularity of image sensors in many applications such as gaming, automobile, tablets, smartphone, laptops, aerospace, gaming and so on. In addition, increasing demand for high quality of cameras in smartphones also fuel the growth of the market.
For Full Reports: https://www.omrglobal.com/industry-reports/image-sensors-market/
The market size of CMOS was estimated to be higher as compared to CCD and is expected to dominate the market till 2022. The CMOS image sensor market is anticipated to grow with the annual growth rate of 8.4% during the forecast period. The CCD image sensor market is anticipated to grow with an annual growth rate of 7.1% during the forecast period. CMOS image sensor consumes less power as compared to CCD and is more cost effective, therefore it is the first priority of the imaging products manufacturers. This is one of the major reasons CMOS sensor is augmenting. Apart from that, technological advancement, growing market for security and surveillance cameras and so on. This augment the growth of the global image sensor market in the next five years. However, there are certain factors that hinders the growth of the global image sensor market such as high fluctuations in semiconductor prices, dip in digital still photography and high prices of image sensor. Though, emerging markets and market in healthcare and automobile industry acts as an opportunity and may augment the growth of the global image sensor market in the forecasted time period.
RESEARCH METHODOLOGY:
The market study of Image Sensor market is incorporated by extensive primary and secondary research conducted by research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report country level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders and industry experts. Primary research brings the authenticity in our reports.
Secondary sources include:
Financial reports of companies involved in the market
Authentic Public Databases
Whitepapers, research-papers and news blogs
Company websites and their product catalogue.
Supplier Websites such as Alibaba, amazon for pricing analysis.
The report provides in-depth analysis on pricing, market size, intended quality of the product preferred by consumers, initial norms and vehicle segment. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models such as PEST analysis, Porter five analysis delivering insights into the market for better business decisions.
THE REPORT COVERS:
• Comprehensive research methodology of Image Sensors market
• In-depth analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the global Image Sensors market
• Insights about market determinants which are stimulating the global Image Sensors market
• Detailed and extensive market segments with regional distribution of forecasted revenues
• Extensive profiles and recent developments of market players
OMR’s reports on semiconductor market provides you in-depth analysis and forecasts, which also includes analysis of government regulation, such as tax, export import policies, environment laws, analysis of pricing trends by major markets. We provide detailed analysis of each segment along with the driver, restraints and opportunities in that segment. Our numbers are confirmed through extensive primaries. OMR’s semiconductors market reports will provide you with a great decision making tool.
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