Global Image Sensor Market

Global Image Sensor Market Size, Share, Growth Analysis, By Technology(Front Side Illuminated (FSI) Image Sensor, Back Side Illuminated (BSI) Image Sensor), By Processing Type(2D Processing, 3D Processing), By Application(Aerospace, Entertainment) - Industry Forecast 2023-2030


Report ID: SQMIG45J2154 | Region: Global | Published Date: February, 2024 | Pages: 165 | Tables: 95 | Figures: 76

Global Image Sensor Market Insights

Image Sensor Market size was valued at USD 16.25 billion in 2021 and is poised to grow from USD 16.36 billion in 2022 to USD 39 billion by 2030, growing at a CAGR of 9.6% in the forecast period (2023-2030).

When the pixel size is reduced, the quality degrades due to natural light and is overcome by the sensing devices. Over the course of the forecast period, the market is expected to rise as a result of the rising demand for smaller pixel devices that offer high resolution with an economical strategy. The market has undergone a significant transition in recent years. The global market for image sensors has changed as a result of technical developments and the extensive use of pictures across numerous applications. Sensing equipment has grown more affordable, compact, and energy-efficient thanks to rising R&D spending, providing opportunities to companies in the market. Over the forecast period, it is anticipated that the growing smartphone market, in particular, will drive segment expansion.

The need for higher resolution cameras for security and surveillance is being driven mostly by worries about monitoring and security in public spaces including parks, public squares, malls, and train stations as well as the rise in terrorist acts. But there are now more people using cell phones and digital still cameras than ever before, which has led to a shortage of lenses and image sensors. Additionally, the segment growth during the predicted period may be constrained by the semiconductor industry's dynamic nature.

Due to its compact design, low power requirement, and affordability, which make it perfect for usage in a variety of applications, CMOS technology earned the greatest revenue in 2021 and is anticipated to maintain its dominance over the projection period. It is utilized in analogue circuits like data converters and highly integrated transceivers as well as static RAM, microprocessors, and microcontrollers. CCD technology is expected to have considerable growth owing to high-cost and high power consumption. CCD technology can be used in various applications requiring an extra sensitivity of the electron-multiplying CCD.

US Image Sensor Market  is poised to grow at a sustainable CAGR for the next forecast year.

Market snapshot - 2023-2030

Global Market Size

USD 16.25 billion

Largest Segment

Consumer Electronics

Fastest Growth

Consumer Electronics

Growth Rate

9.6% CAGR

Global Image Sensor Market 2022-2028 ($ Bn)
Country Share for Europe Region- 2021 (%)
Global Image Sensor Market Size By Application 2022-2028 ($ Bn)
Global Image Sensor Market Size By Application 2022-2028 (%)

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Global Image Sensor Market Segmental Analysis

The Global Image Sensor Market is segmented based on technology, processing type, application and region. Based on the technology, it is categorized into Front Side Illuminated (FSI) Image Sensor, Back Side Illuminated (BSI) Image Sensor, Contact Image Sensor (CIS), Charge-coupled device (CCD) Image Sensor, and Complementary Metal Oxide Semiconductor (CMOS) Image Sensor. Based on the processing type, Image Sensor Market is categorized into 2D Processing , and 3D Processing. Based on the application , Image Sensor Market is categorized into Aerospace, Entertainment, Industrial, Consumer Electronics, Automotive, Healthcare, and Surveillance & Security. Based on region, Image Sensor Market is categorized into North America, Europe, Asia Pacific, The Middle East and Africa, and Latin America.

Image Sensor Market Analysis by Technology

On the basis of technology, the complementary metal oxide semiconductor (CMOS) image sensor segment is currently dominating the global image sensor market. Due to qualities including low power consumption, compact size, higher frame rates, simplicity of integration, and lower production costs, CMOS image sensors are the most popular and are projected to lead the image sensor market over the forecast period.

The advancement of CMOS image sensor technology has improved the performance of image sensors. As a result, CMOS technology is now more widely used in consumer electronics as well as in digital cameras since they are less expensive than CCD sensors. Additionally, improved performance, reduced vending amounts, greater battery life and ability to use little power contribute to the expansion of CMOS technology in the image sensor market.

Image Sensor Market Analysis by Application

On the basis of application, the consumer applications segment led the global image sensor market due to the rising sales of smartphones and is expected to continue to do so throughout the forecast period. The need for imaging sensors in consumer electronics is being driven by factors such as high-resolution digital cameras, DSLR cameras with high sensitivity and low noise, point-and-shoot cameras, tablet PC cameras, and cell phones with dual cameras. The automotive industry is projected to grow faster when stacked image sensors for ADAS technologies become commercially available. The main cabinets encircling camera and visualization technology include developing technologies like ADAS, driverless cars, and automated vehicle systems.Therefore, it is anticipated that the consumer electronics and automotive industries will drive the global image sensors market over the forecast period.

Global Image Sensor Market By Application, 2021 (%), 2021 (%)

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Global Image Sensor Market Regional Insights

Based on the region, the European region currently dominates the global image sensor market with respect to market share. The significant adoption of image sensors in the European market is due to the rise in smartphone and camera module sales. This is projected to aid in the growth of the image sensor market in the coming years. Additionally, a substantial portion of the imaging market is in North America. The region's preference for advanced imaging solutions has grown as a result of technological advancement and a high rate of innovative technology adoption. Furthermore, the region's image sensor and product adoption is better in the automotive, consumer electronics, and healthcare sectors.

The Asia Pacific region is another region which is predicted to grow significantly over the forecast period. An increase in the growth rate of the image sensor market has been encouraged in Asia Pacific by the region's burgeoning semiconductor sector and the presence of market leaders. The expansion of the image sensors market in Asia Pacific can also be attributed to the existence of important companies like Sony Corporation and the availability of a sizable client base. In addition, the market is anticipated to grow in the next few years due to the advancement of infrastructure and the rising use of smartphones, smart devices, and digital services in growing Asia Pacific nations.

Global Image Sensor Market By Geography, 2022-2028, 2023-2030
  • Largest
  • Fastest

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Global Image Sensor Market Dynamics

Image Sensor Market Drivers

  • Increasing adoption of ADAS systems to boost the image sensor market: The modern automotive industry is expanding quickly,as a result of embracing cutting-edge technology like artificial intelligence, asset management, and machine vision. The popularity of advanced driver assistance systems, which have 360-degree surround cameras and other useful features like anti-lock brakes, lane departure warning, electronic stability control, traction control, and adaptive cruise control, is growing. Machine vision technology in ADAS infrastructure makes extensive use of image sensors, and ADAS technology has also boosted the idea of automated cars. These innovative concepts are projected to significantly boost the use of image sensors and fuel the market for the image sensors globally.

Image Sensor Market Restraints

  • The expensive manufacturing of large-chip image sensors is projected to limit the market expansion: The expansion of the image sensor market is constrained by the high manufacturing costs of image sensors. Low-megapixel camera images have a number of shortcomings. While enlarging, editing, or printing photos taken using low-megapixel cameras, the quality of the photos is diminished. As a result, there is an increase in demand for high-megapixel cameras globally, because of which, the image sensor makers have had to either increase the chip size or decrease the pixel pitch in order to increase the number of pixels. Large chip sizes, however, come at a high price. Additionally, they defy the notion of lean/thin devices by having a big footprint. Therefore, decreasing the pixel pitch, which is a highly difficult and expensive operation, is the only method to create high-resolution and inexpensive image sensors.

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Global Image Sensor Market Competitive Landscape

The image sensor market is highly fragmented due to fierce market competition. New entrants are entering the market as a result of the strong market growth rate, which is being considered as a big investment opportunity. To keep ahead of the competition, the global image sensor market also uses tactics like mergers and acquisitions, joint ventures, and partnerships. In the case of multicamera applications, smartphone OEMs have accelerated their adoption of high-resolution and low-pixel CIS devices, enabling image sensor suppliers to secure inventory and satisfy demand.

Image Sensor Market Top Players Company Profiles

  • Sony Corporation
  • Samsung Electronics Co. Ltd.
  • OmniVision Technologies, Inc.
  • Canon Inc.
  • SK Hynix Inc.
  • STMicroelectronics
  • Panasonic Corporation
  • ON Semiconductor Corporation
  • Toshiba Corporation
  • Sharp Corporation
  • Himax Technologies Inc.
  • Pixelplus Co. Ltd.
  • Teledyne Technologies Incorporated
  • Pixelworks Inc.
  • ams AG
  • TowerJazz
  • e2v technologies
  • Hamamatsu Photonics K.K.
  • FLIR Systems Inc.
  • New Imaging Technologies (NIT)

Image Sensor Market Recent Developments

  • In March 2022, Sony Group Corporation announced the signing of a memorandum of agreement with Honda Motor Co., Ltd. for a strategic alliance in the field of mobility.
  • In January 2022, Bungie, Inc., a leading independent videogame developer and long-time SIE partner, was acquired by Sony Interactive Entertainment LLC (SIE). SIE will have access to Bungie's world-class live game services and technical expertise as a result of this acquisition, boosting SIE's aim of reaching billions of players.
  • In Dec 2021, Samsung launched a 64 MP ISOCELL GWB image sensor. It created the new camera sensor in partnership with China’s Tecno. Samsung has touted the camera sensor as the most “human eye-like” image sensor that can take photos with improved color accuracy and better brightness.

Global Image Sensor Key Market Trends

  • Increasing adoption of cameras in various domains: Increased camera adoption in artificial intelligence (AI), augmented reality (AR), virtual reality (VR), and driverless cars is expected to bring up new opportunities and revenue generation for image sensor producers. AI has been incorporated into smartphones, security cameras, and other gadgets to improve the quality of photographs taken, transcribe recorded videos, and tell things from people. The principal applications of AI-enabled cameras depend on the photographs and videos that are sent to the processing units and can be preserved in the cloud. Data leakage could occur during the transmission of these images and videos. Companies like Sony Corporation are developing image sensors with AI capabilities to get around these restrictions. These technological advancements are expected to propel the growth of global image sensor market.

Global Image Sensor Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyzes the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.

According to the analysis, the global image sensor market is currently led by countries in the European region, due to the rise in smartphone and camera module sales in the region. Along with this, the complementary metal oxide semiconductor (CMOS) image sensor segment is currently dominating the global image sensor market, and it is projected to maintain its dominance over the forecast period, due to qualities including low power consumption, compact size, and higher frame rates among others.

Report Metric Details
Market size value in 2021 USD 16.25 billion
Market size value in 2030 USD 39 billion
Growth Rate 9.6%
Base year 2021
Forecast period 2023-2030
Forecast Unit (Value) USD Billion
Segments covered
  • Technology
    • Front Side Illuminated (FSI) Image Sensor, Back Side Illuminated (BSI) Image Sensor, Contact Image Sensor (CIS), Charge-coupled device (CCD) Image Sensor, Complementary Metal Oxide Semiconductor (CMOS) Image Sensor
  • Processing Type
    • 2D Processing, 3D Processing
  • Application
    • Aerospace, Entertainment, Industrial, Consumer Electronics, Automotive, Healthcare, Surveillance & Security
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Sony Corporation
  • Samsung Electronics Co. Ltd.
  • OmniVision Technologies, Inc.
  • Canon Inc.
  • SK Hynix Inc.
  • STMicroelectronics
  • Panasonic Corporation
  • ON Semiconductor Corporation
  • Toshiba Corporation
  • Sharp Corporation
  • Himax Technologies Inc.
  • Pixelplus Co. Ltd.
  • Teledyne Technologies Incorporated
  • Pixelworks Inc.
  • ams AG
  • TowerJazz
  • e2v technologies
  • Hamamatsu Photonics K.K.
  • FLIR Systems Inc.
  • New Imaging Technologies (NIT)
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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Global Image Sensor Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Global Image Sensor Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Global Image Sensor Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Image Sensor Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Image Sensor Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Global Image Sensor Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQ's

Image Sensor Market size was valued at USD 16.25 billion in 2021 and is poised to grow from USD 16.36 billion in 2022 to USD 39 billion by 2030, growing at a CAGR of 9.6% in the forecast period (2023-2030).

The image sensor market is highly fragmented due to fierce market competition. New entrants are entering the market as a result of the strong market growth rate, which is being considered as a big investment opportunity. To keep ahead of the competition, the global image sensor market also uses tactics like mergers and acquisitions, joint ventures, and partnerships. In the case of multicamera applications, smartphone OEMs have accelerated their adoption of high-resolution and low-pixel CIS devices, enabling image sensor suppliers to secure inventory and satisfy demand. 'Sony Corporation', 'Samsung Electronics Co. Ltd.', 'OmniVision Technologies, Inc. ', 'Canon Inc.', 'SK Hynix Inc.', 'STMicroelectronics ', 'Panasonic Corporation', 'ON Semiconductor Corporation ', 'Toshiba Corporation', 'Sharp Corporation', 'Himax Technologies Inc.', 'Pixelplus Co. Ltd.', 'Teledyne Technologies Incorporated', 'Pixelworks Inc.', 'ams AG', 'TowerJazz', 'e2v technologies', 'Hamamatsu Photonics K.K.', 'FLIR Systems Inc.', 'New Imaging Technologies (NIT)'

Increasing adoption of ADAS systems to boost the image sensor market: The modern automotive industry is expanding quickly,as a result of embracing cutting-edge technology like artificial intelligence, asset management, and machine vision. The popularity of advanced driver assistance systems, which have 360-degree surround cameras and other useful features like anti-lock brakes, lane departure warning, electronic stability control, traction control, and adaptive cruise control, is growing. Machine vision technology in ADAS infrastructure makes extensive use of image sensors, and ADAS technology has also boosted the idea of automated cars. These innovative concepts are projected to significantly boost the use of image sensors and fuel the market for the image sensors globally.

Increasing adoption of cameras in various domains: Increased camera adoption in artificial intelligence (AI), augmented reality (AR), virtual reality (VR), and driverless cars is expected to bring up new opportunities and revenue generation for image sensor producers. AI has been incorporated into smartphones, security cameras, and other gadgets to improve the quality of photographs taken, transcribe recorded videos, and tell things from people. The principal applications of AI-enabled cameras depend on the photographs and videos that are sent to the processing units and can be preserved in the cloud. Data leakage could occur during the transmission of these images and videos. Companies like Sony Corporation are developing image sensors with AI capabilities to get around these restrictions. These technological advancements are expected to propel the growth of global image sensor market.

Based on the region, the European region currently dominates the global image sensor market with respect to market share. The significant adoption of image sensors in the European market is due to the rise in smartphone and camera module sales. This is projected to aid in the growth of the image sensor market in the coming years. Additionally, a substantial portion of the imaging market is in North America. The region's preference for advanced imaging solutions has grown as a result of technological advancement and a high rate of innovative technology adoption. Furthermore, the region's image sensor and product adoption is better in the automotive, consumer electronics, and healthcare sectors.

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