Image sensors help convert optical images into electronic signals, and are used in numerous applications such as consumer electronics, automotive, medical, defense and industrial among others. Charge-coupled device (CCD) and complementary metal-oxide semiconductor (CMOS) are the two main technologies used for image sensors, particularly for devices like cameras. CMOS chips incorporate the logic needed to produce an image, thus lowering the cost of the target device; they also consume lesser power. Fabrication costs of CMOS sensors are further lowered since they can have processing circuits on the same chip as opposed to CCD image sensors, which have them on separate chips. As a result, CMOS image sensors are expected to witness growing demand, and account for over 95% of the global market by the end of the forecast period.
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Growing penetration of mobile phones and tablets is the key driving force for the market, since these devices are equipped with cameras. Increased focus on safety has also propelled shipments of surveillance cameras, which is expected to fuel market growth over the forecast period. Video surveillance equipment has been witnessing significant adoption, since it helps identify unlawful activities as well as contributes to public safety.
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The demand for medical treatment, particularly by the aged population in emerging countries, is on the rise. Technological advancements have led to the advent of disposable endoscopes, 3D imaging and single-photon sensing. X-ray applications accounted for a vast majority of the image sensors market in the medical domain. CMOS sensors are expected to be used for less invasive devices, and sales of CMOS flat panels are estimated to increase due to decreasing costs.
North America is expected to maintain constant growth rate over the next few years. Asia Pacific and RoW markets are estimated to be the fastest growing, with the former estimated to account for sizable market share by 2019. Key challenges such as low power efficiency of CCD sensors and the need for skilled personnel need to be overcome in order for the market to achieve its growth potential. Advancements in end-use industries are expected to favorably impact product demand over the next six years.
This research report provides comprehensive market statistics and forecast for key segments, and provides complete industry landscape including drivers, restraints, regulatory scenario, technology trends and future opportunities. The report also provides detailed competitive landscape with company market share analysis and in-depth profiles of key market participants.
Key regional markets analyzed and reported in this study include:
• North America
• Asia Pacific
Critical elements of the report include:
• Industry dynamics
• Market challenges and opportunities
• Technology & regulatory trends
• Market estimate and forecast
• Regional trends
• Competitive trends
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