Global Image Sensor Market was valued 12.8 Bn in 2016 and expected to reach 32.48 Bn by 2026 at CAGR of 9.76%.
image sensor market
Global Image Sensor Market is segmented into technology, processing type, spectrum, array type, vertical, and geography. on the basis of technology, the market is divided into Complementary Metal-Oxide-Semiconductor (CMOS), Charge-Coupled Device (CCD), Others. based on the processing type, a market is segmented into 2D Image Sensor, 3D Image Sensor. according to spectrum, the market is divided by Visible Spectrum, Non-Visible Spectrum. based on the array type, a market is classified into Area Image Sensor, Linear Image Sensor. on the basis of a vertical market is segmented into Consumer Electronics, Automotive, Medical and Life Sciences, Industrial, Commercial, Aerospace, Defense, and Homeland Security. Geographically market is spread by North America, Asia-Pacific, Europe, Latin America, Middle East & Africa.
Key applications of Global Image Sensor include digital cameras, camera modules, medical imaging equipment, thermal imaging devices, radar and sonar among others. Rising demand for improved medical imaging solutions and increasing penetration of image sensors are driving the overall image sensor market. However, dynamic nature of the semiconductor business is some of the concerns for the growth of the Global Image Sensor Market.
Asia pacific is expected to be the highest revenue generating region by 2026, driven by demand in consumer electronics sectors that includes smartphones and tablets, cameras, computers, and wearable electronics present and growing in this region.