IMAGE SENSOR MARKET TO REACH USD 36.4 BILLION BY 2027 | CAGR 10.4% — FORENCIS RESEARCH

  • According to the new market research report “Image Sensor Market by Technology (CMOS, CCD, sCMOS), by Optical Format (Inch-Based Sensor Formats, Advanced Photo System (APS) Sensor Formats), by Processing Type (3D Image Sensor, 2D Image Sensor), by Application (Consumer Electronics, Security & Surveillance, Medical, Automotive, Space & Defense, Gaming, Others), by Region (North America, Asia-Pacific, Europe, Middle East & Africa, South America) — Global Forecast (2019 to 2027)”, the global Image Sensor market is estimated to reach USD 36.4 Billion by 2027 at a CAGR of around 10.4% during the review period.
  • The image sensor is a photosensitive electronic device that converts light signals into digital signals. This sensor dies are produced in large batches on silicon wafers.
  • CMOS image sensors are widely used for image sensing application because it is faster, cheaper, on-chip integratable, and energy-efficient than other image sensing technologies such as CCD and CMOS.
  • Increasing image sensor penetration in the automobile industry and the trend of miniaturization and dual camera in smartphones and tablets are expected to drive the market during the projected years. Moreover, the growing consumer electronics market and increasing high-end medical equipment & solutions are fueling in the growth of the image sensor market during the forecast period.
  • However, the high manufacturing cost is expected to restrain the market during next seven years
  • Growing gaming market and various innovati0ons done by image sensor manufacturers will become an opportunity for the image sensor market during projected years
  • Asia-Pacific
  • North America
  • Sony Corporation:
  • On Semiconductor:

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