Image Sensors Market to Register 11.10% CAGR 2011-2017

Posted by harshal on May 15th, 2019

The image sensors are primarily categorized as CCD image sensors (area image sensor), linear image sensors and X-ray image sensors. The linear image sensor segmented is subdivided into CMOS image sensors, NMOS image sensors and InGaAs image sensors. The linear image sensor is the largest segment; accounting for about 84.2% of the U.S. images sensor market in 2011, largely due to CMOS image sensors, which accounts for more than 90% of the linear image sensor market in the same year.

The CMOS (Complementary Metal Oxide Semiconductors) image sensors segment dominates the U.S. linear image sensor market with more than 90% share. The cost of manufacturing CMOS-based image sensors is much cheaper than other competing technologies in the market. This low cost image sensor will have a good market in the industrial segment. The explosive growth and rapid development of CMOS image sensors are driven by the mobile phone market. Mobile devices with CMOS image sensors are expected to grow rapidly in the next 2 to 3 years in the U.S. market. This trend is expected to drive the growth of the emerging CMOS sensor markets of Latin America, India, Russia, and China.

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The growth in image sensor market is driven by low cost CMOS (Complementary Metal Oxide Semiconductors) based image sensor technology. The use of CMOS in image sensor technology helps in providing better quality images as compared to CCD (Charge Coupled Device) technology. The cost of manufacturing CMOS-based image sensors is much cheaper than other competing technologies in the market. This low cost image sensor will have a good market in the industrial segment.

The applications of image sensor devices in the consumer market are driving the U.S. image sensor market. Image sensor devices with CMOS technology are better than the other competitive technologies in the market. With advancement in technology, consumers are shifting towards modularization and the use of advanced devices with image sensor enabled applications.

Portable applications accounts for the largest share of the U.S. image sensors applications followed by toys astronomy. With growing safety and security standards, a large number of automobile manufacturers are upgrading their vehicles, which is expected to drive the image sensors market. Low-priced and efficient design capabilities of image sensors make them ideal for automotive applications. Mobile handsets are the leading application for CMOS sensors, representing more than 75% of the total CMOS shipments in 2011. The use of CCD technology will shrink from 14% in 2011 to just 1.3% by 2017.

Growing popularity of smartphones in the U.S. region is expected to increase the market prospects for image sensors in the near future. Significant opportunities in the image sensor market are expected over the next few years. With the increase in the use of image sensor devices in biometrics, medical, and film cameras in accordance with vehicle driver assistance systems, security and surveillance devices are expected to have a substantial market in the future.

The image sensor market in the U.S. is growing rapidly with a large number of competitors on the scene. Global players are forcing local players to manufacture new products as the market is growing rapidly. This is causing an add on advantage for good manufacturing practices for the U.S. image sensor market with the increase in market share in terms of quality of the image sensor products.

There are about 23 major sensor types used in a range of sub-systems and instruments for increasing number of end markets across the world. Image sensors now hold a commendable position in the global sensors market with variety of applications for a large number of end use segments.