Press release
Image Sensors Market Growing Technology Trends and Business Opportunities by 2026-Canon Inc., Ams AG, OmniVision Technologies Inc
Image Sensors Market by Component, Application, Services, and Region- Forecast to 2026The Global Image Sensors Market Research Report 2021-2026 published by Market Insights Reports is a significant source of keen information for business specialists. It furnishes the Image Sensors business outline with development investigation and historical and futuristic cost analysis, income, demand, and supply information (upcoming identifiers). The research analysts give a detailed depiction of the Image Sensors worth chain and its wholesaler examination. Image Sensors Market study gives extensive information which upgrades the agreement, degree, and use of this report.
The global image sensors market was valued at USD 19.04 billion in 2020 and is anticipated to reach USD 14.87 billion by 2026, registering a CAGR of 9.2% from 2021 - 2026.
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Top Leading Companies of Image Sensors Market are Canon Inc., Ams AG, OmniVision Technologies Inc., Panasonic Corporation, Samsung Electronics Co. Ltd, Sony Corporation, STMicroelectronics NV, Teledyne DALSA Inc., SK Hynix Inc., GalaxyCore Inc., Hamamatsu Photonics K.K. and others.
-Image Sensors Market Analysis
-Industry News And Updates on Image Sensors Market-
April 2020 - Omnivision Technlogies Inc., launched the OV64B, the 64-megapixel (MP) image sensor with 0.7-micron pixel size, enabling 64MP resolution in a 1/2 optical format. This allows high end and high mainstream smartphone designers to create the thinnest possible phones with high-resolution 64MP cameras. ?
- January 2020 - AMS introduced the CMOS Global Shutter Sensor (CGSS) Near Infrared (NIR) image sensor CGSS130, complementing AMS recently announced 3D system. AMS is the first high QE NIR sensor to be integrated into a 3D/ ASV reference design with the Seres4 solution to be demonstrated at CES.
-Key Market Trends Image Sensors Market-
Increasing demand in the automotive sector drives the market. The image sensors are finding increased deployment in the automotive industry owing to the rise in safety-related mandates because of the rising accidents across the world. According to the Omnivision, by 2020, the number of image sensors sold annually for automotive applications will exceed 170 million, primarily attributed to the revolution in how consumers commute. Cars are no longer perceived as mechanical modes of transportation.
- Further, Sony introduced the concept of automotive image sensors with the name "safety cocoon that monitors all directions with the camera, and the whole car is protected like a cocoon. Such a concept is expected to receive widespread acceptance with autonomous driving in the future. Such applications drive the need for the incorporation of image sensors in the automotive.
- Demand for gesture recognition/control in vertical applications drives the market.
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