The global low light imaging market size is expected to grow from USD 12.1 billion in 2022 to USD 19.9 billion by 2027, at a CAGR of 10.4% during the forecasted period. One of the major drivers for the growth of low light imaging market include growing use of low light image sensors in advanced medical imaging applications. However, declining demand for digital still cameras is one of the major restraints of the low light imaging market.

Applications for low-light imaging technology are expanding in a number of fields, including security and surveillance, automotive, medical, aerospace, and defence. Low-light imaging is a technique used to take pictures in low-light situations, including at night or in places with poor lighting. Due to the rising demand for better imaging quality, advancements in camera technology, and the rise in demand for high-performance cameras in various industries, the global low-light imaging market is anticipated to expand at a substantial rate.

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The market for low-light imaging is expanding due to the rising need for security and surveillance systems, particularly in the private and public sectors. Since low-light imaging technology has advanced, surveillance cameras can now take high-quality pictures even in total darkness. The use of low-light cameras in advanced driver assistance systems (ADAS) and self-driving cars is a major factor in the growth of the low-light imaging market, which is a sector of the automotive industry. In order to obtain clear images in low lighting, low-light imaging is also used in medical imaging, particularly in endoscopy and laparoscopy.

As more sectors use this technology for a variety of applications, the market for low-light imaging is anticipated to continue expanding. The performance of low-light cameras is anticipated to be further improved by developments in camera technology, such as the use of high-resolution sensors and image processing algorithms.

Sony Group (Japan), Samsung Electronics Co., Ltd. (South Korea), OMNIVISION Technologies (US), STMicroelectronics N.V. (Switzerland), ON Semiconductor Corporation (US), Panasonic Holdings Corporation (Japan), Canon Inc. (Japan), PixArt Imaging Inc. (Taiwan), Hamamatsu Photonics K.K. (Japan), and Teledyne Technologies Incorporated (US) are few major players in the low light imaging market.


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