Image Sensor Market Size [2022-2029] Industry Trends, Share, Growth, SWOT Analysis, Market Drivers

 The global Image Sensor Market Size is expected to rise with an impressive CAGR and generate the highest revenue by 2029. Fortune Business Insights™ in its latest report published this information. The report is titled "Image Sensor Market Size, Share and Trends Forecast". The report discusses research objectives, research scope, methodology, timeline and challenges during the entire forecast period [2022 - 2029].

  • Fortune Business Insights says that the market value stood at US $ 15.93 Billion in 2018
  • By 2026, the Image Sensor Market size is expected to reach US $ 29.99 Billion
  • The market is expected to grow at a CAGR of 8.4% in the forecast period (2019-2026).
  • The growth rate of the Global Image Sensor Market is 8.4%, with an estimated value of US $ 29.99 Billion million by 2026.

Gather more insights about the market drivers, restrains and growth of the Global Image Sensor Market

Driving Factor:

Rising Popularity of CMOS Image Sensor Technology to Add Impetus to Market

Image sensors are electronic devices capable of converting photons into an equivalent amount of electronic signal, thus, creating a digital image. Earlier, the use of image sensors was only confined to camera modules and other related imaging devices. However, with the advent of technological trends such as machine vision in robotics fields, industrial automation, use of advanced driver assistant systems (ADAS) technology in the automotive industry, and many others, image sensors are now being implemented in numerous industries. The aforementioned factors are prophesized to help augment the image sensors market growth in the forecast period.

On the other side, factors such as a rise in sales of smartphones, increasing adoption of ADAS technology from the automotive sector, and the advent of CMOS image sensor technology will also help augment the imaging sensor market size in the forecast period. “The advent of machine vision in the robotics sector will increase the demand for image sensors in the market,” said a lead analyst at Fortune Business Insights™.  Additionally, the increasing popularity of aerial photography and the use of drones for that purpose is also expected to help attract high imaging sensors market revenue in the coming years.


Major companies in Image Sensor Market Report are:

  • AMS AG.
  • Canon, Inc.
  • Galaxy Core, Inc.
  • Hamamatsu Photonics K.K
  • Infineon Technologies AG
  • ON Semiconductor Corporation
  • OmniVision Technologies Inc.
  • Panasonic Corporation
  • PMD Technologies AG
  • Pixelplus
  • Sony Corporation
  • Samsung Electronics Co. Ltd.
  • STMicroelectronics N.V.
  • SK Hynix, Inc.
  • Sharp Corporation

Pre-Post COVID-19 Impact on Global Image Sensor Market

COVID-19 is an infectious disease caused by the most recently discovered novel corona virus. Largely unknown before the outbreak began in Wuhan (China) in December 2019, COVID-19 has moved from a regional crisis to a global pandemic in just a matter of a few weeks. 

In addition, production and supply chain delays were also witnessed during the second quarter which poised a challenge to the Image Sensor Market, since end-user industries were still not operating at their full capacity.

Secondary Research:

This research study made extensive use of secondary sources, directories, and databases such as Hoover’s, Bloomberg BusinessWeek, Factiva, and OneSource to identify and collect information useful for a technical, market-oriented, and commercial study of the global Image Sensor Market. Other secondary sources included company annual reports, press releases, and investor presentations, white papers, certified publications, articles by recognized authors, manufacturer associations, trade directories, and databases.

Primary Research:

Various sources from both the supply and demand sides were interviewed during the primary research process to obtain qualitative and quantitative information for this report. Primary sources included industry experts from the core and related industries, as well as preferred suppliers, manufacturers, distributors, technology developers, researchers, and organizations from all segments of the value chain of this industry. To obtain and verify critical qualitative and quantitative information, in-depth interviews were conducted with a variety of primary respondents, including key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants.

Estimation of Market Size

The total size of the Image Sensor Market was estimated and validated using both top-down and bottom-up approaches. These methods were also widely used to estimate the size of various market sub segments. The following research methodologies were used to estimate market size:

Extensive secondary research was used to identify the industry’s key players.

The revenues generated by the market’s leading players in molecular diagnostics have been determined through primary and secondary research.

All percentage shares, splits, and breakdowns were calculated using secondary sources and confirmed using primary sources.

FAQ's:

1. How big is Image Sensor Market?

The global Image Sensor Market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 8.4% during the forecast period, to Reach USD 29.99 Billion by 2026, from USD 15.93 Billion in 2018

2. Who is the market leader in Image Sensor?

 AMS AG., Canon, Inc., Galaxy Core, Hamamatsu Photonics K.K, Infineon Technologies AG, ON Semiconductor Corporation, OmniVision Technologies Inc., Panasonic Corporation, PMD Technologies AG, Pixelplus, Sony Corporation, Samsung Electronics Co. Ltd., STMicroelectronics N.V., SK Hynix, Inc., Sharp Corporation
 
3. Which region is expected to hold the highest market share?
 
Europe is expected to hold the highest market share.

Major Points in Table of Content:

  • Introduction
    • Definition, By Segment
    • Research Methodology/Approach
    • Data Sources
  • Key Takeaways
  • Market Dynamics
    • Macro and Micro Economic Indicators
    • Drivers, Restraints, Opportunities and Trends
    • Impact of COVID-19
      • Short-term Impact
      • Long-term Impact
  • Competition Landscape
    • Business Strategies Adopted by Key Players
    • Consolidated SWOT Analysis of Key Players
  • Global Market Share Analysis and Matrix, 2020
  • Key Market Insights and Strategic Recommendations
  • Profiles of Key Players
    • Overview
      • Key Management
      • Headquarters etc.
    • Offerings/Business Segments
    • Key Details
      • Employee Size
      • Key Financials
        • Past and Current Revenue
        • Geographical Share
        • Business Segment Share
    • Recent Developments
  • Annexure / Appendix
    • Global Image Sensor Market Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2018-2029

TOC Continued...!

About Us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

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