Organic CMOS Image Sensor Market by Image Processing and Industry Verticals - Global Opportunities Analysis And Industry Forecast | The key players profiled in the report include are Fujifilm Corporation, Panasonic Corporation, Sony Corporation, Samsung E
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In 2020, the linear image sensors segment dominated the global organic CMOS image sensor market in array type segment, in terms of revenue. Furthermore, based on industry vertical, consumer electronics led the global market, followed by automotive in 2020. Organic CMOS image sensor uses organic photoelectric conversion layer with high photoelectric conversion property, which provides better performance than conventional image sensors by increasing the number of pixels and providing high resolution images. In addition, advancements in technology used in organic CMOS image sensors such as 8K resolution and global shutter makes them more powerful, efficient, and smaller in size as well.
At present, North America dominates the market, followed by Europe. In 2020, U.S dominated the North America market and rest of Europe led the overall market in Europe. However, in North America, the U.S. currently dominates the market.
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The high photoelectric conversion property, better low-light performance and richer colors & textures drive of the organic CMOS image sensor make way for the growth of the market. In addition, introduction of technologies such as 8K resolution and global shutter technology also contribute to the market growth. However, excessive generation of heat in the organic sensor technology hampers this stated growth.
Key Findings of the Organic CMOS Image Sensor Market:
•The linear image sensors segment generated the highest revenue in the global organic CMOS image sensor market in 2020.
•In 2020, the 2D Sensors segment was the highest revenue contributor in the image processing segment.
•Asia Pacific is anticipated to exhibit the highest CAGR during the forecast period.
•In 2020, North America contributed the highest market share, followed by Europe, Asia Pacific and LAMEA.
Major Market Players Profiled in this Study:
•OmniVision Technologies Inc.
The organic CMOS image sensor market holds high potential for the electronics industry. Organic CMOS image sensors market is expected to witness high demand from North America. Companies in this industry adopt various innovative techniques to provide customers with advanced and innovative product offerings.
Better low-light performance and richer colors & textures of organic CMOS image sensor make way for the growth of the market. In addition, recent introduction of technologies such as 8K resolution and global shutter technology also contribute to the market growth. However, excessive generation of heat in the organic sensor technology and short battery backup of the organic CMOS image sensor impedes the growth of the market. In the near future, high reliability for broader applications and faster & cheaper processing methods are expected to create lucrative opportunities for the key players operating in the organic CMOS image sensor market.
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Among the analyzed geographical regions, North America is expected to account for the highest revenue in the global market throughout the forecast period (2020-2025) followed by Europe, Asia-Pacific and LAMEA. However, Asia-Pacific is expected to grow at a higher growth rate, predicting a lucrative market growth for organic CMOS image sensor.
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