Low Light Imaging Global Market Report 2024

The new report published by The Business Research Company, titled "Low Light Imaging Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the low light imaging market size has grown rapidly in recent years. It will grow from $13.78 billion in 2023 to $15.41 billion in 2024 at a compound annual growth rate (CAGR) of 11.9%. The low light imaging market size is expected to see rapid growth in the next few years. It will grow to $24.28 billion in 2028 at a compound annual growth rate (CAGR) of 12.0%.

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Adas Integration Drives Demand For Low-Light Imaging Solutions
The rapid adoption of advanced driver assistance systems (ADAS) for automobiles is expected to boost the growth of the low-light imaging market going forward. Advanced driver-assistance systems (ADAS) refer to electronic components in vehicles that support the driver by utilizing cutting-edge technologies. To keep up with the rising requirements for vehicle safety, Advanced Driver Assistance Systems (ADAS) need low-light image sensors with improved capability, so rapid adoption of ADAS is boosting the low-light imaging market. For instance, according to a report published by Autoglass® & Allglass, a UK-based leading vehicle glass repair and replacement service, in 2022, nearly 85% of all vehicles built worldwide will have some form of automated driving by 2025. Therefore, the rapid adoption of advanced driver assistance systems (ADAS) for automobiles is driving the growth of the low-light imaging market.

Rising Innovations Revolutionize Low-Light Imaging Market
Rising Innovations have emerged as the key trend gaining popularity in the low-light imaging market. Major companies operating in the low-light imaging market are developing innovative products to strengthen their position in the market. For instance, in 2022, STMicroelectronics, a Switzerland-based provider of manufacturing services for electronics products including semiconductors, multimedia products, power applications, and sensors, launched VB56G4A, a 1.5 megapixel global shutter image sensor made for applications that monitor drivers in vehicles. Unique features of the VB56G4A are automotive compliance, a 1.5-megapixel ultra-compact image sensor, global shutter architecture, a 3D stacked sensor at 40 and 65 nm, a 2.61 mm x 2.61 mm BSI (backside illuminated) pixel, a 1.5-megapixel monochrome sensor (1124 x 1364), and others.

The low light imaging market covered in this report is segmented -

1) By Technology: Complementary Metal-Oxide Semiconductor (CMOS), Charge-Coupled Device (CCD)
2) By Application: Photography, Monitoring, Inspection And Detection, Security and Surveillance
3) By Vertical: Consumer Electronics, Automotive, Medical And Life Sciences, Military And Defense, Industrial, Commercial And Residential Infrastructure

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Major companies operating in the low light imaging market report are Sony Group, Samsung Electronics, Omnivision Technologies, STMicroelectronics Inc, Teledyne FLIR LLC, on Semiconductor, Panasonic Holdings Corporation, Hamamatsu Photonics, ROHM CO. Ltd., TE Connectivity, Ushio America Inc., Würth Elektronik GmbH & Co, Photonis Technologies Sas, Pixart Imaging, Pixelplus, Ruixin Microelectronics Co. Ltd., Canon Inc., Fairchild Imaging Systems, Aspen Electronics, Avidyne Corporation, BAE System, Boeing, Cobham Limited, Honeywell International Inc., L3Harris Technologies Inc., Raytheon Technologies Corporation, Thales Group, Appareo, Himax Technologies Inc., Sharp Corporation .

Contents of the report:
1. Executive Summary
2. Low Light Imaging Market Report Structure
3. Low Light Imaging Market Trends And Strategies
4. Low Light Imaging Market - Macro Economic Scenario
5. Low Light Imaging Market Size And Growth
…..
27. Low Light Imaging Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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