Global CMOS Image Sensor Market to 12.40% CAGR to 2021 – Analysis of Sony, Samsung, OmniVision Technologies, and ON Semiconductor

MarketResearchNest.com adds “Global CMOS Image Sensor Market 2017-2021” new reports to its research database. The report spread across 71 pages with tables and figures in it.

The research analysts forecast the global CMOS image sensor market to grow at a CAGR of 12.40% during the period 2017-2021.

A complementary metal-oxide semiconductor (CMOS) image sensor detects or conveys information through an image. Image sensors are fitted in analog and digital electronic devices including digital cameras, smartphone camera modules, medical imaging equipment, automobiles, security cameras, night vision equipment, and industrial equipment. Advances in technology have led to the replacement of analog imaging by digital imaging.

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Technavio recognizes the following companies as the key players in the global CMOS image sensor market: Sony, Samsung, OmniVision Technologies, and ON Semiconductor

Other Prominent Vendors in the market are: Canon, GalaxyCore, Nikon, PixArt Imaging, PIXELPLUS, STMicroelectronics, and Toshiba.

The latest trend gaining momentum in the market is Amalgamation of CMOS and CCD sensors. In the camera industry, there is a high demand for image sensors that combine the features of CMOS and CCD sensors. IMEC, a Belgian nanoelectronics research center, offers a prototype that integrates the features of CCD image sensors, such as superior performance in low light and production of low noise, with the low power consumption and fast readouts of CMOS image sensors. The product was developed by embedding CCD in CMOS time delay integration (TDI) image sensor. A TDI imager is used to synchronize the linear motion of a scene with multiple samplings of the same object to increase the signal-to-noise ratio.

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According to the report, one of the major drivers for this market is Increasing dependence of automotive sector on semiconductor components. Automation in automobiles has led to an increase in the demand for semiconductor components. Semiconductor integrated circuits (ICs) are used in automotive anti-lock braking systems, airbags, power doors and windows, global positioning system (GPS), car navigation and display, and advanced driver assistance systems (ADAS). The demand for automotive products is likely to increase owing to the rise in car production during the forecast period. This will drive the demand for advanced, power-saving, and reliable semiconductor devices.

Further, the report states that one of the major factors hindering the growth of this market is High capital investments. High capital investments pose a serious challenge to market growth. Rapid advances in technology have led to the emergence of sophisticated electronic goods that require a special type of image sensors, such as CMOS image sensors. To cater to the demand for such sensors, foundries require high capital investments to expand their production capacity and invest in R&D activities. However, some vendors are not capable of making high capital investments and find it risky to invest as profits are realized after a long period. Such vendors are often at a disadvantage compared with leading competitors that can invest heavily in R&D and the launch of innovative products.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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