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Image sensors are widely used in a wide range of applications such as from photographic to medical. Image sensors have a pronounced impact on the automotive sector, especially in the Advanced Driver Assistance Systems (ADAS). Image sensor is a device used to detect optical images presented by a lens and convert the same through electrical signals. Image sensors are used in devices such as in digital cameras and in different camera modules. The rising demand for high-resolution camera-enabled smartphones and rapidly growing investment into production of CMOS sensors by major players are projected to drive the market growth. 3D image sensing and IoT devices are expected to create an opportunity for CMOS image sensors.
Based on application, the market is segmented into aerospace, automotive, consumer electronics, healthcare, industrial, entertainment, security & surveillance, and others. Consumer electronics was the major segment with highest revenue share of the image sensor market. The growing trend of dual camera mobile phones would substantially contribute to the image sensors market, thus driving the consumer electronics sector of the image sensor market. The demand for cell phones and digital still cameras has resulted in shortage in lenses and picture sensors. Also, the dynamic nature of semiconductor business would also act as a restraint to the market growth during the forecast period. The automotive sector is anticipated to grow at a significant CAGR between during the forecast period.
Based on country, LAMEA Image Sensor market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria and Rest of LAMEA. Brazil remained the dominant region in the LAMEA Image Sensor market in 2015. South Africa and UAE would witness promising CAGR during the forecast period (2016-2022). The report covers the analysis of key stake holders of the Image Sensor market. Key companies profiled in the report include Toshiba Corporation, NXP Semiconductors N.V, Texas Instruments Incorporated, STMicroelectronics N.V., Samsung Electronics Co. Ltd., Sony Corporation, Apple Inc., e2v Technologies Inc., Panasonic Corporation and Galaxycore Shanghai Limited Corporation.