Image sensor is a vital part of any imaging device that converts the optical information into electrical signals. In 1960s, image sensors have gone through several technological advancements due to the continuous demand in the market for higher resolution, smaller form factor and lower power consumption.
Image sensors are being widely used in consumer sector like for digital cameras, mobile phones, tablet PC camcorders and so on. Other application area for image sensor is medical diagnosis, fault detection, visual feedback to controller, surveillance, infotainment, and entertainment since decades. Technology is never constant. Earlier, analog film based sensors and phosphor plates were used. The digitization of imaging technologies resulted in emergence of technologies such as, CCD and CMOS.
Currently, automotive and security are few sector where implementation of cameras has recently increased when compared with the earlier days. Implementation of ADAS (Advanced Driver Assistance Systems) is expected to boost the demand for cameras which leads to the higher demand for image sensor. According to estimation, more than 10 cameras may be implemented in a vehicle under ADAS. Growing awareness of security has also fueled the growth of cameras with special features such as; infrared enabled camera, ability to take picture even in low light. This has helped in the growth of image sensor market.
The figure below shows the estimated growth of the image sensor market from 2013 to 2020.
The image sensor market is expected to grow at a CAGR of 8.06% from 2014 to 2020. In the report, the driver, restraints, and opportunities for the market are covered. The major driving factors are increased demand for camera enabled mobile phones, digital cameras, tablets PC, implementation of machine vision, increased adoption of ADAS (Advanced Driver Assistance Systems) systems in vehicles, increased awareness about security. High power consumption by CCD image sensor is considered as the major restraining factor in the development of market.
The players involved in the development of image sensor include Aptina Imaging Corporation (U.S.), Canon Inc. (Japan), CMOSIS (Belgium), OmniVision Technologies, Inc. (U.S.), ON Semiconductor (U.S.), Samsung Group (South Korea), Sony Corporation (Japan), STMicroelectronics N.V. (Switzerland), Teledyne DALSA (Canada), and Toshiba Corporation (Japan).
Geographically, the image sensor market is segmented into North America (the U.S., Canada, & Mexico), Europe (Germany, UK, Sweden, the Netherland, & France), APAC (China, India, & Japan), and Rest of the World (the Middle East, South America, & Africa). The APAC market accounts for the highest market size of 38.30% and is estimated to grow at a CAGR of 10.15% from 2014 to 2020. RoW (Rest of the World) is also expected to grow at a significant CAGR of 9.75% from 2014 to 2020; this is mainly due to the fact that telecommunication infrastructure is improving in these region which is then translated to higher demand for camera enabled mobile phone and thus, will boost the demand for image sensor.
Details of the new report, table of contents and ordering information can be found on Electronics.ca Publications’ web site. View the report: Image Sensor Market by Technology (CMOS, CCD), Spectrum, Array, Scanning Method, Application and by Geography – Analysis and Forecast 2013 – 2020.