According to a new market report by Lucintel, the future of the image sensor market looks promising with opportunities in the consumer electronics, healthcare, automotive, industrial, aerospace, security & surveillance, and other end use industries. The global image sensor market is expected to grow with a CAGR of 9% from 2020 to 2025. The major growth drivers for this market are growth of the smartphone industry, increasing adoption of image cameras for automotive applications, and an increase in incorporation of high resolution cameras in the healthcare industry.
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In this market, CMOS, CCD, and others sensors are major technology.
Within the image sensor market, security & surveillance will remain the largest end use industry, and it is expected to witness the highest growth over the forecast period due to increasing concerns for surveillance & security in public places including parks, public squares, malls, and railway stations as well as the increasing terrorist attacks.
APAC is expected to witness the highest growth over the forecast period due to growth of smartphones and rising concern about safety in the automotive industry.
Sony, Samsung, OmniVision Technologies, STMicroelectronics, ON Semiconductor, and Panasonic are among the major manufacturers of the image sensor market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the image sensor market by technology, end use industry, and region. Lucintel has prepared a comprehensive research report entitled “Growth Opportunities in the Global Image Sensor Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global image sensor market by technology, end use industry, and region as follows.
By Technology [$M shipment analysis for 2014 – 2025]:
By End Use Industry [$M shipment analysis for 2014 – 2025]:
Consumer Electronics
Healthcare
Automotive
Industrial
Aerospace
Security & Surveillance
Others
By Region [$M shipment analysis for 2014 – 2025]:
United States
Canada
Mexico
China
Japan
India
South Korea
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.