Market outlook of the global CMOS image sensor market
Image sensors help to convert images to electronic signals and are used in cameras, camcorders, and all types of imaging devices. The recent technological shift from charge coupled devices (CCD) sensors to complementary metal-oxide semi-conductor (CMOS) sensors in consumer electronics is a major growth-promoting factor in this market. Technavio’s market research analyst has estimated this market to surpass USD 13 billion by 2019 owing to its augmented adoption in the automotive and industrial sectors.
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Increasing adoption of CMOS sensors in the automotive sector is a significant factor that is expected to drive market growth during the forecast period. CMOS sensors are increasingly being implemented in automobiles as they assist in enhancing car safety, driving assistance, and driving comfort levels. The implementation of these sensors by manufacturers like Nissan, Ford, and Tesla is expected to bolster the prospects for growth in this market during the forecast period.
Application-based segmentation of the CMOS image sensor market
• Consumer electronics
Since this segment has the largest consumer base, implementation of CMOS sensors in devices like smartphones, tablets, PCs, and digital cameras is expected to result in its high market dominion during the forecast period.
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Geographical segmentation of the CMOS image sensor market
Factors like its large consumer base for electronics like tablets and smartphones are expected to result in its high market share of nearly 40% by 2019.
Competitive landscape and key vendors
This market is highly fragmented and is dominated by players like Sony, which is the market leader here followed by Samsung, Omnivision, Canon, and On Semiconductor.
Key vendors in this market are:
• On Semiconductor
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