Press release
Low-light Imaging Market By Demand, Growth, Strategic Opportunities and Leading Players Forecast To 2027
Low-light Imaging Market: OverviewThe low-lighting imaging market is progressing at an impressive pace to serve critical applications in security, cinematography, photography, and medical and life sciences research. Several breakthrough innovations in the area have led to evolution of low-light imaging for critical applications.
Most commonly, low-light imaging uses a device called an image intensifier to amplify available light.
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An upcoming research report on low-light imaging market aims at shedding light on key trends and identifying future opportunities. The report provides the most valuable information regarding growth opportunities and growth challenges. In-depth analysis of competitive landscape of the low-light imaging market is a key highlight of this report.
Low-light Imaging Market: Recent Developments and Competitive Landscape
- In January 2019, OmniVision Technologies, announced the release of OVO2K image sensor of new configuration. Featuring video-centricity, this 2.9 micron 1080p image sensor is designed for smartphones. Built on OmniVision’s PureCelPlus pixel technology, the image sensor allows secondary camera in multi-configurations smartphones to capture high-quality videos, even when ambient light is low.
- In January 2019, Samsung Electronics launched ISOCELL Slim 3T2 image sensor for full-screen display. The component is a new ultra-slim image sensor of configuration 20Mp. In terms of capability and size, the image sensor is compact and delivers 20-megapixel resolution for both front as well as back cameras.
The low-light imaging market bears a moderately consolidated vendor landscape, with the dominance of a few large players. Sony, ON Semiconductors, Samsung Electronics, ST Microelectronics, Panasonic, Omni Vision Technologies, and Teledyne Technologies are some top-notch players in the low-light imaging market.
Sony commands valuable share in the low-light imaging market. Robust R&D leading to a strong product portfolio, along with wide geographical presence accounts for key market share of Sony in the low-light imaging market. Launched in December 2018, 1/1.55 type, 5.4-megapixel IMX490 CMOS an image sensor for automotive cameras is among the newer releases of the company, in a bid to expand its product line.
Low-light Imaging Market: Key Trends
The automotive sector is expected to contribute promising revenue to the low-light imaging market in the near future. Rapid adoption of advanced driver assistance systems (ADAS) for automobiles is indirectly paving way for demand of low-light imaging. Low-light image sensors are used in components of ADAS for blind spot monitoring, forward-collision warning, and lane-keep assistance.
Besides this, dash cameras, rear-view cameras, front-view machine vision cameras, camera monitor systems, and 360-degree surround-view cameras are some areas in automobiles where low-light image sensors are used.
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For low-light imaging sensors, CMOS technology is predicted to witness maximum demand. Rising popularity of CMOS technology for application-specific integrated circuit (ASICs), microprocessors, and memories for semiconductors will indirectly stoke demand for low-lighting imaging sensors. The low-lighting imaging market witness gains, in turn.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Europe
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
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About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.
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