Image Sensors Market by Technology and Application - Global Industry Analysis and Forecast to 2025

Report Code : SE06126

With new technological innovations invading the market rapidly, digital imaging equipment is being increasingly used in everyday life. More than just still cameras, new-age digital imaging systems find numerous applications in surveillance, security, broadcasting, machine vision, medical equipment, automobiles and other industries.  Image sensors are the instruments that convert optical images into electronic signals. An image sensor is built with numerous photo-detectors called pixels which gather single particles of light or photons. The collected electrons are sent to a signal conditioning and processing unit. The electron charge is further output as voltage signal which is amplified before being supplied to the camera unit.

Image sensors can be classified in terms of technology into (charge couple devices) CCD image sensors and complementary metal oxide semiconductor (CMOS) image sensors. The key difference between CCD and CMOS sensors is the way they transfer the charge out of a pixel and into the camera circuitry.  CCDs are manufactured using a sophisticated technique which facilitates transfer of charge across the chip without any distortion enabling creation of high quality sensors with light sensitivity and reliability. The output from the chip is in the form of analog voltage. Images produced by CCD image sensors are of high quality with low level of noise. The complexity of the CCD sensors is low and the processing speed is between moderate to high. CMOS sensor components can be efficiently integrated on a single chip using traditional manufacturing processes. The output of the chip is in the form of digital bits. CMOS image sensors are cheaper and easier to manufacture as compared to CCD image sensors. Processing speed of CMOS sensors is fast and sensitivity is low. These sensors however, are more vulnerable to noise than CCD sensors.

Image sensors are primarily incorporated in digital cameras and in various imaging devices used in media, industrial, medical and consumer applications. In automotive industry, small shutter image sensors are used for a number of applications such as blind spot sensors, for line tracking, air bag deployment and other important applications. CMOS image sensors are widely used for broadcast and video applications in high end cameras. These sensors can offer high frame rates at very high resolution. Such cameras can be used as video production cameras, slow motion cameras and sports assistance cameras. Image sensors can be used for high end security applications for aerial surveillance or public area monitoring. Sophisticated image sensors have critical utility in high end scientific applications such as molecule detection, live cell imaging, crystallography and microscopy. Custom designed image sensors are manufactured to assist in an array of medical applications such as endoscopy, dental X-ray, thorax X-ray, mammography and other such applications. The applications of image sensors in biometrics are majorly found in measurement of fingerprint patterns, hand and face geometry, palm prints, iris and retina patterns.

Some of the key drivers contributing to the growth of the image sensors market are the increasing demand for smaller pixel, cost effective imaging devices providing high resolution, rising concerns for security and surveillance in public places and huge demand for advanced cameras in smartphones and other mobile devices. Additionally, the rising demand for image sensors in biometrics, optical mice, video-conferencing applications, virtual keyboards and other such applications has largely contributed to the overall growth of global image sensors market. However, complex manufacturing process related to image sensors delivering high resolution and high rate of power consumption by CCD image sensors are some of the factors hindering the growth of global image sensors market.

Major players operating in the image sensors market emphasize on developing advanced imaging solutions that are smaller, power efficient and provide high quality output to capture a larger share of the highly competitive market. For instance, in February 2017, Sony Corporation announced the development of the industry’s first 3-layer stacked CMOS image sensor equipped with a DRAM for smartphones. Some of the key players in the global image sensors market are Sony Corporation, Canon, Inc., Panasonic Corporation, ST Microelectronics, Samsung Electronics Co., Ltd., OmniVision Technologies, Inc., Micron Technology, Inc. and Hamamatsu Photonics K.K.

Image Sensors Market Segmentation

By Technology:

  • CCD
  • CMOS

By Application:

  • Automotive
  • Security &Surveillance
  • Consumer Electronics
  • Medical
  • Industrial/Defense
  • Others

By Region:

  • North America
  • U.S
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Rest of Europe
  • Asia-Pacific
  • Japan
  • China
  • Australia
  • India
  • South Korea
  • Rest of Asia-Pacific
  • Rest of the World
  • Brazil
  • South Africa
  • Saudi Arabia
  • Turkey
  • United Arab Emirates
  • Others

 

Research Methodology

We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.

Data Mining

Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.

Data Collection Matrix

Data Collection Matrix

Supply Side

Demand Side

Primary Data Sources

  • Manufacturers
  • Distributors & Wholesalers
  • GPOs
  • Physicians/Specialist
  • Healthcare Providers
  • Consumers

Secondary Data Sources

  • Annual Reports/SEC Filings/ Investor Presentations/ Press Releases
  • Government/Associations Publications
  • Case Studies
  • Reference Customers

 

Market Modeling and Forecasting

We use epidemiology and capital equipment-based models to forecast market size of different segments at country and regional level.

  • Epidemiology-based Forecasting Model: This method uses epidemiology data gathered through various publications and from physicians to estimate population of patients, flow of treatment of individual disease and therapies. The data collected through this method includes statics on incidence of disease, population suffering from disease, and treatment population. This method is used to understand:
  • Number of patients for particular device or medical procedure and
  • Repeated use of particular device depending on health and condition of patient
  • Capital-based Forecasting Model: This method of forecasting is based on number of replacements, installed-based and new sales of capital equipment used in various healthcare and diagnostic centers. These three parameters are calculated and forecast is developed. Installation base is calculated as average number of units per facility; while sales for particular year is calculated from number of new and replace units. Secondary data is collected through various supply chain intermediaries and opinion leaders to arrive at installation and sales rate. These techniques help our analysts in validating market and developed market estimates and forecast.

We do forecast on basis of several parameters such as market drivers, market opportunities, industry trends government regulations, raw materials supply and trade dynamics to ensure relevance of forecast with market scenario. With increasing need to granulized information, we used bottom-up methodology for forecasting where we evaluate each regional segment differently and combined all forecast to develop final market forecast.

Data Validation

We believe primary research is a very important tool in analyzing and forecasting different markets. In order to make sure accuracy of our findings, our team conducts primary interviews at every stage of research to gain deep insights into current business environment and future trends and key developments in market. This includes use of various methods such as telephonic interviews, focus groups, face to face interviews and questionnaires to validate our research from all aspects. We validate our data through primary research from key industry leaders such as CEO, product managers, marketing managers, suppliers, distributors, and consumers are frequently interviewed. These interviews provide valuable insights which help us to have better market understanding besides validating our estimates and forecast.

Data Triangulation

Industry Analysis

Qualitative Data

Quantitative Data (2017-2025)

  • Market Dynamics (Drivers, Restraints, and Challenges)
  • Industry Trend Analysis
  • Market Opportunities
  • Government Policies and Regulations, Patent Analysis, and Reimbursement Policies
  • Porter’s Five Forces and PESTLE Analysis
  • Key Developments and Competitive Landscape
  • Market Assessment and Forecast
  • Market Assessment and Forecast, By Product
  • Market Assessment and Forecast, By Technology
  • Market Assessment and Forecast, By Application
  • Market Assessment and Forecast, By End User
  • Market Assessment and Forecast, By Region/Country

Licesnces Type

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