Image Sensor Market 2018 Key Country Analysis: Global Key Players- SK Hynix, OmniVision Technologies, ON Semiconductor, PixArt Imaging, GalaxyCore, Teledyne Technologies

Market Research Future published a research report on “Image Sensor Market Research Report- Global Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Market Scenario:

The emerging trend in image sensor market is its application in numerous industries. Sony Corporation has come up as a separate company for lucrative image sensor division. Image sensor is one of the company‘s most profitable business. It is also the company’s key focus area. The semiconductor business is highly profitable owing to multipurpose utilization of image sensor in smartphone and in DSLRs cameras from manufacturers like Nikon and Sony’s own popular cameras is fuelling semiconductor business. Samsung develops its new advanced pixel technology in CMOS image sensor known as ISOCELL. The company has converted one of its water fabrication lines in CMOS image sensors in order to meet the growing demand of image sensor in mobile imaging, high end photography and security and surveillance application.

Asia-Pacific region is dominating the global image sensor market with the largest market share, and thereby is the fastest growing region with a CAGR of 15.39% between 2017-2023.

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By application segment the image sensor market consists of commercial, healthcare, consumer electronics, automotive, aerospace and defense and others. CMOS image sensor with back side illumination is used in smartphones and tablet computer owing to its focus speed of 300ms or less and low lighting condition. Due to the advancements in image sensor it is used portable devices, home automation, robotics and digital health. By application segment consumer electronics accounts for high market share owing to the demand for dual cameras in mobile that results into increase in phone shipment of image sensors.

The major growth driver of image sensor market includes rising demand for camera enabled mobile phones, low power consumption and compactness of CMOS image sensor, and increased use of image sensors in biometric applications among others. Hence the market for image sensor market is expected to grow approximately with a CAGR of 14% between 2017-2023. However, high power consumption in CCD image sensors and falling market of digital still camera are the factors among others which are hindering the growth of image sensor market.

The Image Sensor Market is expected to grow at approximately USD 19,616 Million by 2023, at 14% of CAGR between 2017 and 2023.

Industry News:

June 2018 – Omni Vision Technologies, Inc., a leading developer of advanced digital imaging solutions announced about OH01A, a member of Omni Vision’s high definition (HD) medical image sensor. OH01A offers high resolution, compact size, and cost effective, which is required for the next generation of disposable and reusable endoscopes and catheters.

April 2018 - ON Semi introduced CMOS image sensors integrated with Near Infra-Red+ (NIR+) technology, which combines with High Dynamic Range (HDR) that enhances low light performance to enable high-end security and surveillance cameras.

October 2017 - Samsung introduced two new image sensors in its ISOCELL brand. These sensors provide high resolution in a smaller chip packages. The 1.2-megapixel ISOCELL Fast 2L9 comes with dual pixel, while the 2.4-megapixel ISOCELL Slim 2X7 has tetra cell technology.

January, 2018 - ON Semiconductor introduces scalable image sensor platform, a scalable family of CMOS image sensors to address the spectrum of applications for Advanced Driver Assistance Systems (ADAS) and autonomous driving.

Key Players

The prominent players in the image sensor market are- Sony Corporation (Japan), Samsung Semiconductor Inc. (South Korea), OmniVision Technologies Inc. (U.S.), ON Semiconductor (U.S.), PixArt Imaging Inc. (Taiwan), GalaxyCore Inc. (China), SK Hynix Inc. (Korea), and Teledyne Technologies (U.S.) among others.

Image Sensors Global Market - Segmentation

The Image Sensors market can be segmented in to 5 key dynamics for the convenience of the report and enhanced understanding;

• Segmentation by Application: Mobile Phones, Tablets, PC Camera, Digital Still Cameras (DSC), Automotive, Medical Imaging, and Security & Surveillance.
• Segmentation By Technology: CCD and CMOS among others.
• Segmentation By Operating Spectrum: Visible and Invisible.
• Segmentation By Array Type: Linear Array type and Area Array Type.
• Segmentation by Regions: Geographical Regions - North America, Europe, Asia Pacific and Rest of The World.

Image Sensors Global Market - Regional Analysis

North America is dominating the global Image Sensors market with the largest market share owing to presence of major players such as Omni Vision Technologies Inc., Aptina Imaging Corporation (ON Semiconductor), and among others, in the region. European market is expected to grow at a substantial high CAGR during 2018 to 2023 due to increasing demand for image sensors in medical imaging solutions. The Asia Pacific market for Image Sensors market is expected to grow at a considerable CAGR (2018-2023) due to the increasing demand for dual camera in smartphones and tablets among users in this region.

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Intended Audience

• Investors and consultants
• System Integrators
• Research/Consultancy firms
• Technology solution providers
• IT Solution Providers
• Original Equipment Manufacturers

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