Global Image Sensor Market To Reach USD 20 Billion By 2022 - Erie News Now | WICU & WSEE in Erie, PA

Global Image Sensor Market To Reach USD 20 Billion By 2022

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The global image sensor market is expected to reach USD 20 billion by 2022, registering a compound annual growth rate (CAGR) of 10% during the forecast period. The low cost of CMOS image sensors implemented in mobile devices and high demand from the automotive industry are expected to drive the market. The high growth in the use of mobile phones embedded with advanced technology image sensing devices is driving the market. However, cheap and substandard alternatives are a restraining factor to the growth of the market. In addition, the high manufacturing cost and declining demand for still camera are expected to hamper the market growth.

In this report, the global image sensor market is segmented by technology, specification, application, and region. On the basis of technology, the market is segmented into CMOS, CCD, and others. The market on the basis of specification is segmented into processing type, spectrum, and array type. On the basis of application, the market is segmented into aerospace, automotive, consumer electronics, healthcare, industrial, entertainment, security & surveillance, and others.

The global image sensor market is segmented on the basis of key regions, namely, North America, Europe, Asia Pacific, and Rest of the World. Asia Pacific is projected to register the highest CAGR during the forecast period. The market in North America and Europe are expected to witness high growth, respectively, during the forecast period. Furthermore, each region is segmented to provide market revenue for countries such as the U.S., Canada, the U.K., Germany, China, Japan, India, Russia, Brazil, and the GCC countries. The report includes a detailed study of the global and regional market for various types of image sensors and analyzes the variations in the growth of the industry in certain regions.

A glimpse of the report structure is provided in the report description available on the website.

https://www.marketresearchengine.com/reportdetails/image-sensors-market

Aptina Imaging, Sony Corporation, Samsung Electronics Co. Ltd., Canon Inc., CMOSIS, Fujifilm, OmniVision Technologies, Truesense Imaging, Teledyne DALSA, Hitachi Ltd., Hoya Corporation, Photonfocus AG, E2V Technologies, STMicroelectronics, Karl Storz GmbH & Co. KG, SiOnyx, Banpil Photonics, and Toshiba Corporation are the most active players in the image sensor market.

This report covers the image sensor market, in terms of value, and forecasts the market size till 2020. It identifies key growth segments and opportunities in the industry. This report also covers detailed competitive outlook including the share and company profiles of the key players in the global market. Company profile includes company summary, financial summary, business strategy and planning, SWOT analysis, and current developments.

 

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Website: https://www.marketresearchengine.com/

 

Source: http://www.financeswire.com/global-image-sensor-market-to-reach-usd-20-billion-by-2022

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