Asia-Pacific Image Sensor Market by Technology (CMOS Image Sensor (FSI and BSI) and CCD Image Sensor) and Application (Consumer Electronics, Defense & Aerospace, Medical, Industrial, Automotive, and Security & Surveillance): Opportunity Analysis and Industry Forecast, 2021–2030
The Asia-Pacific image sensors market was valued at $10.60 billion in 2020, and is projected to reach $34.15 billion by 2030, registering a CAGR of 12.8% from 2021 to 2030. Image sensor is used in devices such as digital cameras and varied camera modules that converts the optical image projected by the lens into electrical signals. Complementary metal-oxide-semiconductor (CMOS) is the latest technology that designs advanced image sensors.
The growth of the Asia-Pacific image sensors market is majorly driven by rise in use of image sensors in improved medical imaging solutions coupled with surge in demand for image sensor solution for security & surveillance. Furthermore, rise in adoption of image cameras for automotive applications is anticipated to drive the growth of the market. However, decline in adoption of charge-coupled device (CCD) image sensor and high manufacturing cost of image sensors are acting as prime restraints of the market. On the contrary, increased adoption of image sensor cameras in autonomous vehicles is anticipated to provide lucrative opportunities for the expansion of the Asia-Pacific image sensors industry during the forecast period.
The Asia-Pacific image sensors market is segmented into technology, application, and country. On the basis of technology, the market is segregated into charge-coupled device (CCD) and complementary metal–oxide–semiconductor (CMOS). By application, it is categorized into consumer electronics, defense & aerospace, medical, industrial, automotive, and security & surveillance. Country wise, the market trends are analyzed across China, Japan, India, Taiwan, South Korea, and rest of Asia-Pacific.
The key players operating in the market include Canon Inc., Panasonic Corporation, SK Hynix Inc., Sony Corporation, Samsung Electronics, STMicroelectronics, Hamamatsu Photonics K.K., Omnivision Technologies Inc., Galaxycore Shanghai Limited Corporation, and Smartsens.
KEY MARKET SEGMENTS
BY TECHNOLOGY
CMOS Image Sensor
FSI
BSI
CCD Image Sensor
BY APPLICATION
Consumer Electronics
Defense & Aerospace
Medical
Industrial
Automotive
Security & Surveillance
BY REGION
Asia-Pacific
China
Japan
India
Taiwan
South Korea
Rest of Asia-Pacific
KEY PLAYERS
Canon Inc.
Hamamatsu Photonics K.K.
Panasonic Corporation
SK Hynix Inc.
Sony Corporation
Samsung Electronics
STMicroelectronics
Omnivision Technologies Inc.
Galaxycore Shanghai Limited Co.
Smartsens
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