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2018 $24 Billion Image Sensor Market by Technology, Processing Type, Spectrum, Array Type, Vertical, and Geography - Global Forecast to 2023 - ResearchAndMarkets.comThe "Image Sensor Market by Technology (CMOS, CCD), Processing Type (2D, and 3D), Spectrum (Visible, and Non- Visible), Array Type (Linear, and Area), Vertical (Automotive, Consumer Electronics, Industrial), and Geography - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering. The overall image sensor market was valued at USD 14.19 billion in 2017 and is expected to reach USD 24.80 billion by 2023, growing at a CAGR of 9.75% between 2017 and 2023 Major factors driving the growth of the image sensor market include the increasing penetration of image sensors in automobiles, the trend of miniaturization and dual camera in smartphones and tablets, demand for improved medical imaging solutions. Innovation by OEMs will lead to the increase in the use of image sensors in applications such as machine vision, ADAS, and wearables and will offer great opportunities for the image sensor market. However, high manufacturing cost of image sensors is restraining the growth of this market. Images captured using low-megapixel cameras have numerous drawbacks. The image quality ofsuch images gets reduced while zooming in, cropping, or taking prints. Hence, the demand for high-megapixel cameras is growing. To increase the number of pixels, manufacturers either have to increase the chip size or shrink the pixel pitch. However, a larger chip size would incur higher cost. The market for area image sensors is expected to grow at a higher rate compared to linear image sensors, mainly because of the rising demand for camera modules in smartphones and tablets. Another reason for the rise in the use of area image sensors is that it offers features such as high sensitivity, high quality of images, and high performance. These features help in reducing noise through the use of technologies such as color noise reduction (CNR) and high dynamic range (HDR (News - Alert)). Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview 6 Image Sensor Market, By Technology 7 Image Sensor Market, By Processing Type 8 Image Sensor Market, By Spectrum (News - Alert) 9 Image Sensor Market, By Array Type 10 Image Sensor Market, By Vertical 11 Geographic Analysis 12 Competitive Landscape 13 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/ssxn9w/2018_24_billion?w=4 View source version on businesswire.com: http://www.businesswire.com/news/home/20180118005960/en/ |
