CMOS Image Sensor Market - Opportunities & Forecast 2016-2021


Posted September 17, 2020 by shaqibakram

Consumer electronics application segment is estimated to account for the largest share during the forecast period owing to increased demand for smartphones with built-in front and back cameras.

 
The global CMOS image sensor market has witnessed a substantial growth in recent years. The high demand from the end-use industries especially food & beverage and automotive, increased requirement for high quality images as well as favourable regulations pertaining to safety are the key factors fuelling the growth of the global CMOS image sensor market. In addition, the rise in technological advancements in the field of 3D image sensing, 4k pixel technology as well as backside illumination sensor will further help the market to grow at a substantial rate during the forecast period.

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Consumer electronics application segment is estimated to account for the largest share during the forecast period owing to increased demand for smartphones with built-in front and back cameras. Apart from this, the automotive application is expected to grow at a substantial rate during the forecast period owing to the fact that these provide enhanced safety, driving assistance and driving comfort to consumers.

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The increase in penetration rate of smartphones, web cameras and tablet personal computers as well as rise in the demand for technologically advanced automotive vehicles are the key factors propelling the growth of CMOS image sensor market in the Asia-Pacific region. The rise in GDP growth rates coupled with increasing disposable income of people of emerging economies especially China and India are further bolstering the growth of the market in the region. North America and Europe are the other key dominant regions in the global CMOS image sensor market. United States is the key country in the North American region.

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This research report on CMOS image sensor market provides in-depth analysis of the global CMOS image sensor market based on specification, application and major geographies for the period from 2016 to 2021. The report highlights the major market drivers pushing the growth and challenges faced by market participants. The research report provides market size and forecast for CMOS image sensor market. The report also analyses the competitive landscape and the major player and their strategies in 2016. The competitive landscape section of the report also captures and highlights the recent development in the market.

Key questions this research would answer:

Is the CMOS image sensor market growing? How long will it continue to grow and at what rate?
What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future?
What are the regional revenue and forecast breakdowns? What are the regional hotspots for growth in the CMOS Image Sensor market?
What are the various application areas and how they are poised to grow?

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Last Updated September 17, 2020