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The Image Sensor market is experiencing notable trends that reflect the rapid advancements in technology and the increasing integration of imaging capabilities in various devices. One major trend is the increasing need for high-resolution image sensors in various fields. As better quality is demanded by consumers and industries, the demand for image sensors with higher resolution such as a large pixel size will also increase. Such a trend can be observed in the smartphone market where manufacturers seek to increase camera capabilities, thus meeting expectations of demanding customers who consider picture and video recording abilities as important features.
3D imaging technology is another important trend in the Image Sensor market. 3D image sensors are gaining popularity in facial recognition, AR and VR products. The possibility offered by 3D sensors for the capturing of depth information enables more accurate and immersive user experiences. However, this trend is not just in consumer electronics but industries like health care automotive and robotics are exploiting 3D image sensors for gesture recognition object detection spatial mapping.
In addition, the market is also noting an increase in companies manufacturing smaller and more efficient image sensors. The major trend is minaturization due to the need for small scale devices in different industries. The battle for smaller footprints is changing the Image Sensor market significantly with miniature cameras embedded in medical equipment and micro sized sensors deployed into IoT (Internet of Things) devices. This trend is important for applications such as wearable devices, security cameras and others where space constraints are a major consideration.
Additionally, developments in the image sensor technology help to expand areas of application for low-light and night vision conditions. The way manufacturers are going about this is by trying to boost the sensitivity and performance of sensors even under adverse lighting conditions. This trend is most pronounced in surveillance and automotive sectors because the need for a reliable image capture, under challenging or low-light conditions cannot be overstated. More consumer based and industrial applications are incorporating night vision as a common feature of the cameras.
Furthermore, the use of AI in image sensors is a revolutionary trend. AI-integrated image sensors provide on-device processing features such as object recognition, scene analysis, and improved imaging conditions. This also relieves central systems of computation and allows real-time decision making in applications such as intelligent cameras, autonomous cars or industrial automation.
The Image Sensor market is also affected by the increasing demand for multispectral and hyperspectral imaging solutions. These advanced sensors capture more than visible light and go to different spectral bands. This capability is valuable in applications such as agriculture, environmental monitoring, and medical diagnostics, where analyzing specific wavelengths provides critical insights. The increasing affordability and accessibility of multispectral and hyperspectral sensors are expanding their reach across different industries.
Image Sensor Market Highlights:
Global Image Sensor Market Overview:
Image Sensor Market Size was valued at USD 20.2 Billion in 2023. The Image Sensor industry is projected to grow from USD 22.13 Billion in 2024 to USD 42.2 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 8.40% during the forecast period (2024 - 2032). Increased demand for camera-enabled mobile phones and the rising use of image sensors in biometric applications are the key market drivers enhancing the market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Image Sensor Market Trends
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Growing demand for camera-enabled mobile phones is driving the market growth
Market CAGR for the image sensor market is driven by the rising demand for camera-enabled mobile phones. The consumer electronics sector has benefited from the increased use of cameras with image sensors on smartphones globally. The rising popularity of mobile photography has made it a key factor for smartphone manufacturers when deciding whether to use natural image sensors. These companies create smartphones with up to five cameras in a single device. Digital single-lens reflex (DSLR) cameras, computers, cellphones, and other gadgets.
Along with the smartphone adoption rate, image capture has expanded dramatically due to smartphones’ inclusion of cameras. The market for image sensors is expected to be driven by these elements. The image sensor size affects the security camera’s field of vision for a definite lens and light sensitivity, which impacts the demand for security cameras. Since most security camera systems use image sensors, which allow faster speed with less power consumption.
Additionally, traction and steady development of the Internet of Things (IoT) and machine vision applications is another major driving factor. The requirement for image sensors is driven by the increasing use of IoT and machine vision technologies in all sectors, such as healthcare, manufacturing, and security. In manufacturing, IoT and machine vision technologies are used for quality control and monitoring. This procedure needs image sensors for capturing and analyzing images. In the healthcare sector, image sensors in medical equipment, like endoscopes and X-ray machines, aid in the diagnosis by capturing high-resolution images, treatment, and care of patients. Thus, driving the Image Sensor market revenue.
Image Sensor Market Segment Insights:
Image Sensor Technology Insights
The Image Sensor Market segmentation, based on technology, includes sCMOS, CCD, and CMOS. The CMOS segment dominated the market, accounting for the maximum market revenue. CMOS image sensors are greatly used because they are smaller, more power-efficient, less expensive, and have higher video frame rates. A higher dynamic range is available, with less current and voltage. CMOS is well suited for high-speed and high-resolution imaging applications because it takes less time to read out image data.
Image Sensor Optical Format
The Image Sensor Market segmentation, based on optical format, includes non-linear and linear. The linear category generated the maximum market revenue. The linear image sensor is a solid device that transforms an optical image into an analog signal line by line. CMOS and CCD image sensors are different linear image sensor types with unique circuit designs. The line scan camera is used for visual exams (a film, printed matter, fabric etc.), grain color sorters, etc. Bank note recognition systems in banking terminals are applications for which linear image sensors are suited. Other used include copier scanning components, image scanners, barcode readers and line scan cameras.
Figure 1: Image Sensor Market, by Optical Format, 2022 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Image Sensor Spectrum Insights
The global Image Scanner market segmentation, based on spectrum, includes invisible spectrum and visible spectrum. The invisible spectrum has generated the maximum market revenue due to its low cost and high accuracy. Invisible spectrum used in defense & aerospace, automotive, healthcare, and consumer electronics. The visible spectrum is anticipated to be the fastest-growing category in the projected period.
Image Sensor Application Insights
The Image Sensor Market segmentation, based on application, includes medical, surveillance, automobile, consumer electronics and others. The consumer electronics category generated the most income due to the rising sale of smartphones. High sensitivity & low noise DSLR cameras, high-resolution digital cameras, point-and-shoot cameras, smartphones with dual cameras, and tablet PC cameras collectively push the demand for imaging sensors in consumer electronics.
Image Sensor Regional Insights
By region, the study provides market insights into North America, Europe, Asia-Pacific and Rest of the World. The North American Image Sensor market area will dominate this market, owing to an increase in demand for smartphones, laptops, tablets, and other mobile devices. In addition, the growing utilization of image sensors in applications such as drones, cameras, and industrial devices, will boost market growth in this region.
Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: Image Sensor Market SHARE BY REGION 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe's Image Sensor market accounts for the second-largest market share due to the growing popularity of virtual and augmented reality applications. Further, the German Image Sensor market held the largest market share, and the UK Image Sensor market was the fastest-growing market in the European region.
The Asia-Pacific Image Sensor Market is expected to grow at the fastest CAGR from 2023 to 2032. This is due to the developing economy and increasing disposable income. Moreover, China’s Image Sensor market held the largest market share, and the Indian Image Sensor market was the fastest-growing market in the Asia-Pacific region.
Image Sensor Key Market Players & Competitive Insights
Leading market players are investing heavily in research and development to expand their product lines, which will help the Image Sensor market, grow even more. Market participants are also undertaking several strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. The Image Sensor industry must offer cost-effective items to expand and survive in a more competitive and rising market climate.
Manufacturing locally to minimize operational costs is one of the key business tactics manufacturer’s use in the global Image Sensor industry to benefit clients and increase the market sector. In recent years, the Image Sensor industry has offered some of the most significant advantages to technology. Major players in the Image Sensor market, including Sony Corporation Limited (Japan), Samsung Semiconductor Limited (South Korea), OmniVision Technologies Limited, PixArt Imaging Limited (Taiwan), S.K. Hynix Inc. (South Korea), Teledyne Technologies Limited (US), and others, are attempting to increase market demand by investing in research and development operations.
Samsung Electronics Co. Ltd., Tristar Electronics, is a South Korean multinational electronics firm headquartered in Yeongtong-gu, Suwon, South Korea. For customers including Apple, Sony, HTC, and Nokia, the company is an important producer of electronic components such as lithium-ion batteries, semiconductors, camera modules, image sensors, and displays. It is also the largest semiconductor memory maker in the world. For instance: In June 2022, Samsung Electronics launched 200MP ISOCELL HP3 features the lowest 0.56-micrometer pixels in the industry. This sensor fits 200 million pixels into a 1/1.4” optical format, the diameter of the area photographed through the camera lens, which is 12% smaller than the predecessor’s 0.64m. The sensor also includes a Super QPD auto-focusing technology, which gives all of the sensor’s pixels the ability to focus on objects automatically.
OmniVision Technologies Inc. is an American subsidiary established by Will Semiconductor, a Chinese manufacturer of semiconductor devices and mixed-signal integrated circuits. The business creates and produces digital imaging solutions for use in webcams, security and surveillance cameras, entertainment, automotive, and medical imaging systems, as well as mobile phones, laptops, netbooks, and other computing devices. OmniVision Technologies is based in Santa Clara, California, and has offices across the US, Western Europe, and Asia. For Instance: In March 2022, OmniVision revealed the new OS03B10 CMOS image sensor, which features a 3-megapixel (MP), HD, and IP analog cameras with high-quality digital images and high-definition video. This high-performance, economical solution combines front-side illuminations with excellent sensitivity to accurately reproduce colors in bright and dim lighting.
Key Companies in the Image Sensor market include
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Sony Corporation Limited (Japan)
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Samsung Semiconductor Limited (South Korea)
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OmniVision Technologies Limited ()
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PixArt Imaging Limited (Taiwan)
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S.K. Hynix Inc. (South Korea)
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Teledyne Technologies (US)
Image Sensor Industry Developments
February of 2024: chip provider MetaSilicon and RISC-V IP vendor Andes Technology announced together that the world’s first automotive-grade CMOS image sensor series using RISC-V IP SoC is the MetaSilicon MAT Series with Andes’ AndesCore™ N25F-SE processor. They are designed to achieve ASIL-B level according to ISO26262 functional safety standards and have a high degree of safety and reliability in accordance with AEC-Q100 Grade 2. Moreover, the use of HDR technology etc. enables advanced imaging in a simple, economical, and efficient system, not only solving problems such as broad dynamic range, high sensitivity, high color reproducibility, etc. but also meeting ADAS decision-making application demand.
October 2022: Samsung Electronics launched a new image sensor in October 2022 with 0.56micrometers pixels, the smallest on the market, known as ISOCELL HPX200MP and equipped with the ability to record 8K videos at 30 frames per second and Tetra2 pixel binning technology.
September 2022: Canon USA Inc., a pioneer in digital image solutions, unveiled the VIXIA HF G70 camcorder and four professional camcorders, the XA65, XA60, XA75, and XA70. Content producers may quickly record excellent 4K footage in various situations using Canon’s small, portable camcorders. The XA65/XA60 and XA75/XA70 are equipped with the DIGIC DV6 image processor and benefit from the ½.3-inch type CMOS sensor and 1.0-inch type CMOS sensor. They can capture photos in 4K UHD and Full HD, employing oversampling from excellent HD quality, making them ideal for various shooting conditions.
August 2022: OmniVision Technologies Inc. released the new three-layer stacked BSI global shutter (GS) image sensor. The OG0TB, which has a package size of just 1.64mm × 1.64mm and a 2.2m pixel in a 1/14.46-inch optical format (OF), is marketed by the company as the world’s smallest image sensor for eye and face tracking in AR/VR/MR and incredibly low power consumption make it perfect for some of the tiniest and the lightest battery-operated wearable, like eyeglasses and goggles.
July 2022: Atsugi City, Kanagawa Prefecture, Japan — Sony Semiconductor Solutions Corporation (hereinafter “SSS”) announced the upcoming release of the IMX675 for security cameras — an approx. 5.12-effective-megapixel*2 stacked CMOS image sensor, which simultaneously delivers both full-pixel output for still images and high-speed readout for movies with up to 30 frames per second (fps) at 4K resolution.*3 The new sensor is equipped with a global shutter function using Sony’s original Pregius GSC (Global Shutter Catalyst) technology to deliver distortion-free images even when subjects are fast-moving or when shooting at low-frequency flashes.
The OV50A is the first 50-megapixel 1/1.5-inch sensor on the market with pixels of just 1.0 micron in size, according to a press release from OMNIVISION Technologies Inc., a company known for creating state-of-the-art digital imaging solutions. Using PureCel®Plus stacked die technology, the OV50A allows smartphone cameras to take pictures with higher resolution and record videos in 8K while still being able to crop into subjects without using lossless zoom – giving users an easier way of capturing DSLR-like quality images or videos on their mobile device. Additionally, the sensor’s large size of 1/1.5 inches enhances its low-light performance while still fitting into the popular 9 mm x 9 mm module used in the majority of today’s high-end smartphones.
May 2022: OMNIVISION partnered with Leopard Imaging Inc. in May 2022 to introduce its Artificial Intelligence (AI) camera solutions for self-governing machines; this supports OA8000 and OAX8000 Camera Video Processors. These are strong OMNIVISION processors that can be combined into many AI systems, including robotic, drone, autonomous driving, loT and other applications of self-driving cars.
April 2022: Toshiba Teli is partnering with TriEye to develop CMOS-based HD SWIR Camera for industrial applications.
April 2022: STMicroelectronics NV unveiled in April 2022 their second generation automotive global shutter image sensor called VB56G4A, which simplifies driver monitoring system (DMS) design based on investment in sophisticated three-dimensional chip technology.
March 2022: The CMOS image sensor’s launch by OMNIVISION took place in March 2022. It is described as a security surveillance IP or HD analog camera having a high-quality digital photographing performance that delivers High Definition video and photographs at an optical size of 1/2.7 inch
January 2022: Sony Interactive Entertainment LLC (SIE) acquired Bungie, Inc., one of the leading independent videogame developers and long-time SIE partner. Consequently, SIE would gain access to Bungie’s world-class live game experiences and knowledge base for enhanced serviceability; this aligns well with SIE’s broader objective of reaching billions of players globally, thereby establishing itself as a leader in next-generation entertainment.
Image Sensor Market Segmentation:
Image Sensor Technology Outlook
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sCMOS
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CCD
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CMOS
Image Sensor Optical Format Outlook
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Non-Linear
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Linear
Image Sensor Spectrum
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Invisible Spectrum
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Visible Spectrum
Image Sensor Application Outlook
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Medical
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Surveillance
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Automobile
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Consumer Electronics
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Others
Image Sensor Regional Outlook
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North America
- US
- Canada
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Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
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Asia-Pacific
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China
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Japan
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India
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Australia
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South Korea
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Australia
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Rest of Asia-Pacific
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Rest of the World
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Middle East
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Africa
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Latin America
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