Automotive image sensors market size to grow by USD 8,413.72 million from 2022 to 2027, the steady growth of the camera-based ADAS market will boost market growth - Technavio

NEW YORK, June 6, 2023 /PRNewswire/ -- The automotive image sensors market size is forecast to increase by USD 8,413.72 million from 2022 to 2027, at a CAGR of 28.65%, according to the recent market study by Technavio. The growth of the market will be driven by the steady growth of the camera-based ADAS market, Regulatory standards with respect to image sensor quality, and Stringent regulations to increase the adoption of advanced safety systems. Charts & data tables about market and segment sizes for a historic period of five (2017-2021) years have been covered in this report. Download The Sample Report

Technavio has extensively analyzed 15 major vendors, including Canon Inc., Continental AG, DENSO Corp., Gentex Corp., Infineon Technologies AG, NXP Semiconductors NV, OmniVision Technologies Inc., ON Semiconductor Corp., PixArt Imaging Inc., PIXELPLUS Co. Ltd., Samsung Electronics Co. Ltd., Sharp Corp., SK hynix Co. Ltd., SmartSens technology, Sony Group Corp., STMicroelectronics NV, Taiwan Semiconductor Manufacturing Co. Ltd., Teledyne Technologies Inc., Texas Instruments Inc., and Toshiba Corp.

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Key Benefits for Industry Players & Stakeholders – 

• The report offers information on the criticality of vendor inputs, including R&D, CAPEX, and technology.
• It also provides detailed analyses of the market's competitive landscape and vendors' product offerings.
• The report also provides a qualitative and quantitative analysis of vendors to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

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The market is segmented by application (Passenger cars and Commercial cars), type (CCD and CMOS), and geography (North America, Europe, APAC, Middle East and Africa, and South America)

• The market share growth by the passenger cars segment will be significant for the overall market growth during the forecast period. The growing adoption of passenger cars across the world will be a crucial driver for the segment's dominating position in the global automotive /image sensors market. The growing focus of automotive OEMs toward reducing driver distraction by offering ADAS technologies is leading to increased adoption of /image sensors in passenger cars. Currently, ADAS technologies find maximum penetration in luxury cars and a few mid-segment passenger cars. Such factors will increase the segment growth during the forecast period.

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Automotive Image Sensors Market - Market Dynamics

Key Drivers

One of the key factors driving growth in the automotive image sensors market is the steady growth of the camera-based ADAS market. Numerous camera-based ADAS technologies involve multi-camera setups, such as rear-view cameras, front-view cameras, and surround-view cameras, for quicker response to avoid traffic and prevent collisions. The main purpose of automotive cameras is to visualize the vehicle's surroundings and create a virtual map for proper navigation. The type of /image sensors to be used for an ADAS depends on the application.Thus, the steady growth of the camera-based ADAS is expected to drive the growth of the global automotive /image sensors market during the forecast period.

Significant Trends

The growing popularity of stereo cameras for ADAS applications is the primary trend in the global automotive image sensors market growth. The adoption of stereo cameras is beneficial for the global automotive image sensors market, as these cameras require two image sensors. AEBS is becoming a prime stereo camera application owing to its ability to provide a response in an event requiring less response time for the driver. Moreover, stereo cameras allow more precise obstacle detection (compared to monocular cameras) for AEBS to act effectively. However, the cost factor is hindering the adoption of stereo cameras by automotive OEMs and suppliers. This trend is likely to change with a decrease in prices by stereo camera suppliers (adopting economies of scale), and this will drive stereo camera adoption in other ADAS applications during the forecast period.

Major Challenges

The high replacement costs will be a major challenge for the automotive image sensors market during the forecast period. The replacement costs of automotive cameras are not high. Still, the total repair, which includes the removal or replacement of cameras and image sensors, is a time-consuming process and involves a high cost of labor owing to skills. Improper treatment of automotive cameras and image sensors may lead to severe accidents, which would lead to even more expensive operation of the entire automobile rebuilding. Such factors will hinder the market growth during the forecast period.

What are the key data covered in this Automotive Image Sensors Market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the Automotive Image Sensors Market between 2023 and 2027
• Precise estimation of the size of the Automotive Image Sensors Market size and its contribution to the market in focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the Automotive Image Sensors Market industry across North America, Europe, APAC, Middle East and Africa, and South America
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of Automotive Image Sensors Market vendors

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Related Reports: 

• The Global Automotive ADAS Sensors Market size is estimated to grow by USD 49,153.06 million between 2022 and 2027 accelerating at a CAGR of 23.33%. This advanced driver assistance system (ADAS) sensors market research report extensively covers market segmentation by Product (radar sensor, image sensor, ultrasonic sensor, infrared sensor, and lidar sensor), Application (passenger vehicle and commercial vehicle), and Geography (Europe, North America, APAC, South America, and Middle East and Africa). ON Semiconductors has designed a modular automotive reference system (MARS) that can mix and match /image sensors, lenses, /image signal processors, and communication protocols as per the customer's requirements.
• The automotive sensors market share in France is expected to increase by USD 739.69 million from 2021 to 2026, at a CAGR of 8.2%. This report extensively covers automotive sensors market in France segmentations by application (passenger cars and commercial vehicles) and distribution channel (OEM and aftermarket). The increasing demand for vehicle and environmental safety is one of the key drivers supporting the automotive sensors market growth in France.

Table of Contents

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022 

• 3.4 Market outlook: Forecast for 2022-2027
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global automotive image sensors market 2017 - 2021
• Exhibit 18: Historic Market Size – Data Table on global automotive image sensors market 2017 - 2021 ($ million)

• 4.2 Application Segment Analysis 2017 - 2021
• Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ million)

• 4.3 Type Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Application

• 6.1 Market segments 
• Exhibit 30: Chart on Application - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Application - Market share 2022-2027 (%)

• 6.2 Comparison by Application 
• Exhibit 32: Chart on Comparison by Application
• Exhibit 33: Data Table on Comparison by Application

• 6.3 Passenger cars - Market size and forecast 2022-2027
• Exhibit 34: Chart on Passenger cars - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Passenger cars - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Passenger cars - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Passenger cars - Year-over-year growth 2022-2027 (%)

• 6.4 Commercial cars - Market size and forecast 2022-2027
• Exhibit 38: Chart on Commercial cars - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Commercial cars - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Commercial cars - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Commercial cars - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Application 
• Exhibit 42: Market opportunity by Application ($ million)
• Exhibit 43: Data Table on Market opportunity by Application ($ million)

7 Market Segmentation by Type

• 7.1 Market segments 
• Exhibit 44: Chart on Type - Market share 2022-2027 (%)
• Exhibit 45: Data Table on Type - Market share 2022-2027 (%)

• 7.2 Comparison by Type 
• Exhibit 46: Chart on Comparison by Type
• Exhibit 47: Data Table on Comparison by Type

• 7.3 CCD - Market size and forecast 2022-2027
• Exhibit 48: Chart on CCD - Market size and forecast 2022-2027 ($ million)
• Exhibit 49: Data Table on CCD - Market size and forecast 2022-2027 ($ million)
• Exhibit 50: Chart on CCD - Year-over-year growth 2022-2027 (%)
• Exhibit 51: Data Table on CCD - Year-over-year growth 2022-2027 (%)

• 7.4 CMOS - Market size and forecast 2022-2027
• Exhibit 52: Chart on CMOS - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Data Table on CMOS - Market size and forecast 2022-2027 ($ million)
• Exhibit 54: Chart on CMOS - Year-over-year growth 2022-2027 (%)
• Exhibit 55: Data Table on CMOS - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Type 
• Exhibit 56: Market opportunity by Type ($ million)
• Exhibit 57: Data Table on Market opportunity by Type ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 59: Chart on Market share by geography 2022-2027 (%)
• Exhibit 60: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 61: Chart on Geographic comparison
• Exhibit 62: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027
• Exhibit 63: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 64: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 66: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027
• Exhibit 67: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 68: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 69: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 70: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 APAC - Market size and forecast 2022-2027
• Exhibit 71: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 72: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 73: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 74: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.6 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 75: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 76: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 77: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 78: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.7 South America - Market size and forecast 2022-2027
• Exhibit 79: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 80: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 81: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027
• Exhibit 83: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 84: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 85: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 China - Market size and forecast 2022-2027
• Exhibit 87: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 88: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 89: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.10 France - Market size and forecast 2022-2027
• Exhibit 91: Chart on France - Market size and forecast 2022-2027 ($ million)
• Exhibit 92: Data Table on France - Market size and forecast 2022-2027 ($ million)
• Exhibit 93: Chart on France - Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on France - Year-over-year growth 2022-2027 (%)

• 9.11 Germany - Market size and forecast 2022-2027
• Exhibit 95: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 96: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 97: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.12 UK - Market size and forecast 2022-2027
• Exhibit 99: Chart on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 100: Data Table on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 101: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 103: Market opportunity by geography ($ million)
• Exhibit 104: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers 

• 10.2 Market challenges 

• 10.3 Impact of drivers and challenges 
• Exhibit 105: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends 

11 Vendor Landscape

• 11.1 Overview 

• 11.2 Vendor landscape 
• Exhibit 106: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 107: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 108: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 109: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 110: Matrix on vendor position and classification

• 12.3 Continental AG 
• Exhibit 111: Continental AG - Overview
• Exhibit 112: Continental AG - Business segments
• Exhibit 113: Continental AG - Key offerings
• Exhibit 114: Continental AG - Segment focus

• 12.4 DENSO Corp. 
• Exhibit 115: DENSO Corp. - Overview
• Exhibit 116: DENSO Corp. - Business segments
• Exhibit 117: DENSO Corp. - Key news
• Exhibit 118: DENSO Corp. - Key offerings
• Exhibit 119: DENSO Corp. - Segment focus

• 12.5 Gentex Corp. 
• Exhibit 120: Gentex Corp. - Overview
• Exhibit 121: Gentex Corp. - Business segments
• Exhibit 122: Gentex Corp. - Key news
• Exhibit 123: Gentex Corp. - Key offerings
• Exhibit 124: Gentex Corp. - Segment focus

• 12.6 Infineon Technologies AG 
• Exhibit 125: Infineon Technologies AG - Overview
• Exhibit 126: Infineon Technologies AG - Business segments
• Exhibit 127: Infineon Technologies AG - Key news
• Exhibit 128: Infineon Technologies AG - Key offerings
• Exhibit 129: Infineon Technologies AG - Segment focus

• 12.7 NXP Semiconductors NV 
• Exhibit 130: NXP Semiconductors NV - Overview
• Exhibit 131: NXP Semiconductors NV - Product / Service
• Exhibit 132: NXP Semiconductors NV - Key news
• Exhibit 133: NXP Semiconductors NV - Key offerings

• 12.8 OmniVision Technologies Inc. 
• Exhibit 134: OmniVision Technologies Inc. - Overview
• Exhibit 135: OmniVision Technologies Inc. - Product / Service
• Exhibit 136: OmniVision Technologies Inc. - Key offerings

• 12.9 ON Semiconductor Corp. 
• Exhibit 137: ON Semiconductor Corp. - Overview
• Exhibit 138: ON Semiconductor Corp. - Business segments
• Exhibit 139: ON Semiconductor Corp. - Key offerings
• Exhibit 140: ON Semiconductor Corp. - Segment focus

• 12.10 PixArt Imaging Inc. 
• Exhibit 141: PixArt Imaging Inc. - Overview
• Exhibit 142: PixArt Imaging Inc. - Product / Service
• Exhibit 143: PixArt Imaging Inc. - Key offerings

• 12.11 PIXELPLUS Co. Ltd. 
• Exhibit 144: PIXELPLUS Co. Ltd. - Overview
• Exhibit 145: PIXELPLUS Co. Ltd. - Product / Service
• Exhibit 146: PIXELPLUS Co. Ltd. - Key offerings

• 12.12 Samsung Electronics Co. Ltd. 
• Exhibit 147: Samsung Electronics Co. Ltd. - Overview
• Exhibit 148: Samsung Electronics Co. Ltd. - Business segments
• Exhibit 149: Samsung Electronics Co. Ltd. - Key news
• Exhibit 150: Samsung Electronics Co. Ltd. - Key offerings
• Exhibit 151: Samsung Electronics Co. Ltd. - Segment focus

• 12.13 Sharp Corp. 
• Exhibit 152: Sharp Corp. - Overview
• Exhibit 153: Sharp Corp. - Business segments
• Exhibit 154: Sharp Corp. - Key news
• Exhibit 155: Sharp Corp. - Key offerings
• Exhibit 156: Sharp Corp. - Segment focus

• 12.14 SK hynix Co. Ltd. 
• Exhibit 157: SK hynix Co. Ltd. - Overview
• Exhibit 158: SK hynix Co. Ltd. - Product / Service
• Exhibit 159: SK hynix Co. Ltd. - Key offerings

• 12.15 Sony Group Corp. 
• Exhibit 160: Sony Group Corp. - Overview
• Exhibit 161: Sony Group Corp. - Business segments
• Exhibit 162: Sony Group Corp. - Key news
• Exhibit 163: Sony Group Corp. - Key offerings
• Exhibit 164: Sony Group Corp. - Segment focus

• 12.16 STMicroelectronics NV 
• Exhibit 165: STMicroelectronics NV - Overview
• Exhibit 166: STMicroelectronics NV - Business segments
• Exhibit 167: STMicroelectronics NV - Key news
• Exhibit 168: STMicroelectronics NV - Key offerings
• Exhibit 169: STMicroelectronics NV - Segment focus

• 12.17 Texas Instruments Inc. 
• Exhibit 170: Texas Instruments Inc. - Overview
• Exhibit 171: Texas Instruments Inc. - Business segments
• Exhibit 172: Texas Instruments Inc. - Key news
• Exhibit 173: Texas Instruments Inc. - Key offerings
• Exhibit 174: Texas Instruments Inc. - Segment focus

13 Appendix

• 13.1 Scope of the report 

• 13.2 Inclusions and exclusions checklist
• Exhibit 175: Inclusions checklist
• Exhibit 176: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 177: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 178: Research methodology
• Exhibit 179: Validation techniques employed for market sizing
• Exhibit 180: Information sources

• 13.5 List of abbreviations 
• Exhibit 181: List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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