Press release
Organic CMOS Image Sensor Market to Record Substantial Growth by 2025
According to a recent report published by Allied Market Research, titled, Global Organic CMOS Image Sensor Market by Image Processing, Array Type, Industry Vertical and Application: Global Opportunity Analysis and Industry Forecast, 2020-2025, The global organic CMOS image sensor market is expected to value at $696.0 million in 2020, and is projected to reach $1,750.0 million by 2025, registering a CAGR of 20.9% from 2021 to 2025.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.
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.
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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 sensor such as 8K resolution and global shutter makes them more powerful, efficient, and smaller in size as well.
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.
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Organic CMOS Image Sensor Market Key Segments:
By Image Processing
•2D Sensor
•3D Sensor
By Array Type
•Linear Image Sensor
•Area Image Sensor
By Industry Vertical
•Consumer Electronics
•Automotive
•Medical & Life Science
•Security and Surveillance
•Robotics
•Others
By Application
•3D Imaging
•Video
•Machine vision
•Biometrics
•others
By Region
•North America
•Europe
•Asia-Pacific
•LAMEA
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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1.1…
