About Automotive Image Sensors
Image sensor converts an optical image into an electrical signal. Hence, it detects and conveys the information that constitute an image. It forms crucial component of the automotive camera module.
Technavio’s analysts forecast the global automotive image sensors market to grow at a CAGR of 23.73% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global automotive image sensors market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Automotive Image Sensors Market 2018-2022
Technavio recognizes the following companies as the key players in the global automotive image sensors market: OmniVision Technologies, ON Semiconductor, PIXELPLUS, Samsung, Sony, and STMicroelectronics.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is growing focus toward development of high-resolution automotive image sensor. The automotive industry is demanding automotive cameras for high-performance applications that can provide precise recognition in varying lighting conditions.”
According to the report, one driver in the market is steady growth of camera-based ADAS market. Several camera-based ADAS technologies consist of multi-camera setup, consisting of rear-view cameras, front view cameras, and surround view cameras. This advanced camera technologies provide quicker response to avoid traffic and prevent collisions.
Further, the report states that one challenge in the market is high replacement costs. The global automotive image sensors market is facing the challenge of high cost associated with replacement of automotive image sensors.
OmniVision Technologies, ON Semiconductor, PIXELPLUS, Samsung, Sony, and STMicroelectronics.