Factors such as application of sensing devices for indoor navigation, increasing consumer preference for smart phones, tablets among others and new adoption of technologies are reasons contributing to the growth of the overall stacked CMOS image sensor market. However, increase in price of the materials becomes an issue for the manufacturers and it is expected to hamper the growth of the market over the forecast period.
Various firms are increasing their focus in research and development for innovation of new technologies. For instance, top vendors are investing more for the high production of Stacked CMOS Image Sensor Market.
CMOS image sensor is basically transformation of light into electrons and requires variety of technology. Stacked CMOS image sensor have two chips whereas CMOS image sensor has only one chip.
Major Key Players:
• Sony Corporation (Japan)
• Panasonic Corporation (Japan)
• Samsung Electronics Co., Ltd. (South Korea)
• Canon Inc. (Japan)
• OmniVision Technologies Inc. (U.S.)
• STMicroelectronics N.V. (Switzerland)
• Galaxy Core Inc. (China)
• Sharp Corporation (Japan)
• SK Hynix Inc. (South Korea)
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Regionally, North America accounted for the largest market share majorly due to focus on innovations, adoption of new technologies and high investments for the new technologies. However, Asia-Pacific region is expected to grow over the forecast period majorly due to easy availability of cheap labor, increasing demand for consumer electronics and manufacturing hub.
Stacked CMOS Image Sensor Market:
According to Market Research Future, market has been segmented into specification, application, and region.
Market Research Future Analysis:
The global stacked CMOS image sensor market is expected to grow significantly. The market is highly application basis. Consumer electronics segment of stacked CMOS image sensor market globally drives the market. The market is expected to have higher growth rate as compared to the previous years.
North American region accounted for the largest market share, majorly in countries such as U.S. because of development of new technologies, adoption of new of technologies by consumers and increase in focus on research and development. Whereas, countries such as China, Korea in the Asia-Pacific is expected to grow over the forecast period, majorly due to large number of semiconductor manufacturers and presence of cheap labor.
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• Original Equipment Manufacturers
• Research firms/ Consultancy firms
• Educational Institutes
• Software Developers
• Semiconductor Manufacturers
• End-user sectors
• Technology Investors
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