CMOS Image Sensors Market 2021 Latest Development analysis and Top Manufacturers- STMicroelectronics NV, Sony Corporation, Samsung Electronics Co., Ltd, ON Semiconductor Corporation, among others

The “CMOS Image Sensors Market” report is an in-depth study of the market, along with an analysis of its key segments. The relationship is built through extensive primary and secondary research. In-depth market data is generated through interviews and data collection from industry experts and professionals. The study is a detailed document on key aspects of the markets including trends, segmentation, growth prospects, opportunities, challenges, and competitive analysis.

The CMOS image sensors market was valued at USD 15.39 billion in 2019 and is expected to reach a value of USD 25.57 billion by 2025, registering a CAGR of 8.7% during the forecast period (2020 - 2025).

The report is updated with the impact of the currently ongoing COVID-19 pandemic. The pandemic has dynamically affected key market segments and changed the growth pattern and demands in the CMOS Image Sensors market. The report covers an in-depth analysis of these changes and provides an accurate estimate of the market growth forecast after the impact of the pandemic.

The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global CMOS Image Sensors Market: STMicroelectronics NV, Sony Corporation, Samsung Electronics Co., Ltd, ON Semiconductor Corporation, among others

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Industry News and Developments:

- July 2020 - Teledyne e2v announced the Hydra3D, the companys new Time-of-Flight (ToF) CMOS image sensor tailored for 3D detection and distance measurement. The sensor supports the latest industrial applications that include vision-guided robotics, logistics, and automated guided vehicles.

- Oct 2019 - Sony announced the forthcoming release of six new types of stacked CMOS image sensors with a global shutter function that is achieved using a back-illuminated pixel structure for the industrial equipment application.

Key Market Trends

Consumer Electronics Segment Occupies the Largest Market Share

- CMOS image sensors have widespread applications in smartphones, tablets, and digital single-lens reflex (DSLR) cameras. With the increasing focus of smartphone manufacturers on improving the build and quality of cameras they provide, the coming years are expected to witness a rise in the adoption of CMOS technology by all smartphone manufacturers worldwide.

- Furthermore, the introduction of dual-camera smartphones by all major smartphone vendors is expected to help sustain demand, as the technology used requires two sensors and combines the color and monochrome image produced by the respective CMOS image sensors, to create an image. The Galaxy S10 from Samsung recently has four cameras, three rear cameras, and one front camera.

- The trend for dual and 3D cameras will also have a significant impact on CMOS volumes. New applications, such as telescopic lens drones, robots, virtual reality, and augmented reality, are ready to rejuvenate this emblematic market.

- Consumer electronics consumption is also on the rise globally. According to the National Bureau of Statistics of China, the retail trade revenue of household appliances and consumer electronics in China stood at CNY 96.31 billion in June 2019 alone. Various camera-equipped electronic goods are expected to drive the market for CMOS image sensors.

Asia Pacific to Witness the Highest Growth Rate

- China is showing a significant growth rate among the Asia-Pacific countries, owing to its growing economy and global electronics market share. China is one of the prominent electronics producers and consumers. According to the National Bureau of Statistics China, the country's computer, communication equipment, and other electronic equipment manufacturing increased by 13.1% during fiscal 2018. The entire industrial sector was valued at CNY 30,516 billion.

- India is also witnessing growth in several smart cities, owing to government initiatives. The smart cities are expected to incorporate electronic solutions for purposes, such as surveillance, maintenance, monitoring, etc. According to smartcities.gov.in, the central government has allotted USD 977 million to develop 60 such smart cities.

- The cameras find their applications in non-invasive testing equipment in the healthcare industry and are also used for scanning purposes. The healthcare industry in India is expected to grow at a significant rate. According to the Civil Service India, the country's healthcare industry is expected to reach USD 132.84 billion by 2023.

- According to IoT news, the Asia-Pacific region is expected to account for more than 25% of the global smart homes by 2030, and sales are expected to reach USD 120 billion. Currently, Japan is leading the market from the region. The adoption of smart homes is expected to drive the demand for CMOS image sensors in the region.

For a comprehensive understanding of market dynamics, the global CMOS Image Sensors market is analyzed across key geographies namely: United States, China, Europe, Japan, South-east Asia, India, and others. Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.

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Influence of the CMOS Image Sensors market report:

-Comprehensive assessment of all opportunities and risks in the CMOS Image Sensors market.

–CMOS Image Sensors market recent innovations and major events.

-Detailed study of business strategies for growth of the CMOS Image Sensors market-leading players.

-Conclusive study about the growth plot of CMOS Image Sensors market for forthcoming years.

-In-depth understanding of CMOS Image Sensors market-particular drivers, constraints, and major micro markets.

-Favourable impression inside vital technological and market latest trends striking the CMOS Image Sensors market.

What are the market factors that are explained in the report?

-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

-Analytical Tools: The Global CMOS Image Sensors Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

The research includes historic data from 2015 to 2021 and forecasts until 2026 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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