Global Image Sensor Market: Overview
Image sensing or image sensor is a technique that uses a sensor to detect and give the data that consists of an image. This is done by converting the light waves into signals, which further conveys the data. Image sensors are used in analog as well as digital devices such as camera modules, camera, night vision, medical imaging, thermal imaging, and others.
Global Image Sensor Market: Growth Factors
The global image sensor market is likely to have a boost in coming future. Increased application of image sensors in different industries is the main reason that has driven the growth of the global market. Moreover, use of advanced technology for the image sensor is also driving the global market growth. Further, the rise in the demand from the industry is also boosting the growth of the global image sensor market. In addition to this, increased job opportunities are also powering the growth of the global market. Adding more to the list of drivers, cheap labor charge is also one of the significant reasons that are boosting the global market.
On the other hand, hefty cost of ownership of the image sensors is the main reason hampering the growth of global image sensor market. Additionally, high value for maintenance is one of the reasons that are decreasing the growth of the global market. Moving on, unawareness among the people is one of the reasons that are decreasing the growth of the global image sensor market. Further, the high cost of raw material is also one of the significant reasons that are restraining the growth of the global market.
Global Image Sensor Market: Segmentation
Based on technology, the global image sensor market is mainly classified as CCD image sensor, CMOS image sensor, and the hybrid image sensor.
On the basis of the specification, the global market is segmented into the spectrum, image processing type, and array type. Further, the spectrum is segmented as non-visible spectrum and visible spectrum. Image processing type segment is divided as the 3D image sensor and the 2D image sensor. Lastly, the array type is divided as area image sensor and linear image spectrum.
Based on applications, the global market for the image sensor is bifurcated into automotive, aerospace, healthcare, consumer electronics, entertainment, industrial, security & surveillance, and others.
On the basis of the target audience, the global market is divided into foundry players, image sensor developers, distributors and retailers, research organizations, ODM and OEM technology solution providers, technology standards organizations, technology investors, alliances, forum, associations, and others.
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Global Image Sensor Market: Regional Analysis
The global image sensor market is regionally segmented into Latin America, Europe, North America, Asia-Pacific, and Rest of the World. Use of advanced technology has elevated the global market in the U.S., Germany, France, and Canada. Increased application of image sensors in different industries is boosting the global market in Asia Pacific.
Global Image Sensor Market: Competitive Players
Some of the key players in the global image sensor market are Panasonic Corporation, Sony Corporation, Canon, Inc., ST Microelectronics, Samsung Electronics Co., Ltd., and others.