CMOS Image Sensor Market 2021 with COVID-19 Impact Analysis includes Top Countries Data, Definition, SWOT Analysis, Business Opportunity, Applications, Trends and Forecast to 2030

In a recent published report, Kenneth Research has updated the market report for CMOS Image Sensor Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for CMOS Image Sensor Market products.

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Factors such as the growing trade of semiconductors for use in different consumer electronic products, along with the growing trend of automation and IoT, which is raising the need for the deployment of advanced electronic chipsets, therefore the advancement in the trade of semiconductors. According to the statistics by World Semiconductor Trade Statistics (WSTS), semiconductor billings around the globe per 12 months rolling average increased from around USD 250 billion in the year 2010 to around USD 460 billion in the year 2019.

Report Title: Global CMOS Image Sensor Market By Technology (Front side-illuminated (FSI) CMOS Image Sensor and Backside-illuminated (BSI) CMOS Image Sensor), By Application (Mobile & Computing, Industrial/Aerospace/Defense, Automotive, Medical, Security& Surveillance, and Others), and By Region (Americas, Asia Pacific, and EMEA) – Forecast up to 2025

This market research report includes a detailed segmentation of the global CMOS Image Sensor Market by technology (Front side-illuminated (FSI) CMOS image sensor and Backside-illuminated (BSI) CMOS image sensor), by application (Mobile & Computing, Industrial/Aerospace/Defense, Automotive, Medical, Security & Surveillance, and Others), and by region (Americas, Asia Pacific, and EMEA). The market research report identifies Sony, Samsung, OmniVision, and ON Semiconductor as the major players operating in the global CMOS image sensors market.

Overview: Global CMOS Image Sensor Market
Infoholic’s market research report predicts that the global CMOS image sensor market will grow at a CAGR of more than 8.4% during the forecast period 2019–2025. CMOS image sensors have become the digital eye of vision-based intelligent systems. The market for image sensors is driven by various factors which includes:
(1) Rising adoption of smartphones with a dual and triple-camera system
(2) Increasing potential of vision-based ADAS applications
(3) Ongoing transition towards intelligent video surveillance solutions
Image-based sensing has become the key component of data source for many applications and the need for image-driven data is expanding across industries. Market share for image sensors for automotive applications is certainly gaining market share due to increasing adoption of image sensor based advanced driver assistance system and growing interest in commercializing autonomous vehicles. Some of the key applications of where the image sensor is used in automobiles include driver state monitoring, night vision, object detection, parking assistance, lane change assistance, and others. For example, high dynamic range CMOS sensor-based cameras are used to identify vehicles during fog and identifying vehicles/objects despite glare due to headlights.

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Sony dominates the global CMOS image sensor market in 2018 because of its established leadership position in the mobile phone product segment. Till 2016, the major scope of the CMOS image sensor market was majorly limited to smartphone applications. Currently, the scenario is changing due to the increasing use cases of CMOS image sensor for applications such as automotive, surveillance AR/VR, and others. As a result, emerging players are focusing on strengthening their market position with differentiated technology and product innovation dedicated to specific applications.
Additionally, the transforming landscape of driver assistance solutions is increasing the market potential of the global CMOS image sensor market. Image sensor manufacturers are increasingly focusing on developing automotive-grade image sensor product line with advanced functionalities such as dual conversion gain (DCG) technology, artifact-free motion capture, LED flicker mitigation (LFM), and others.

Market Segmentation: Global CMOS Image Sensor Market
The global CMOS image sensor market is segmented on the basis of technology, application, and region. Based on technology, the global CMOS image sensor market is segmented into Front-illuminated (FSI) CMOS, and Backside-illuminated (BSI) CMOS sensor. The backside-illuminated (BSI) CMOS image sensor was the dominant segment in 2018 and is expected to remain dominant throughout the forecast period. The growth of this segment is majorly attributed to its superior performance in low light conditions. The BSI segment is projected to be the fastest-growing segment growing at a CAGR of 10.0% during the forecast period 2019–2025.

Based on application, the global CMOS image sensor market is segmented into mobile & computing, industrial/aerospace/defense, automotive, medical, security & surveillance, and others. The mobile & computing segment was the dominant segment accounted for more than 75% of the market share in 2018 and is projected to remain dominant throughout the forecast period. This is mainly due to the increasing adoption of smartphones with tri/four cameras and OEMs are increasingly focusing on strengthening product appeal by introducing mobile handsets featuring 3D sensing technology.

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Regional Outlook: Global CMOS Image Sensor Market
Regionally, the global CMOS image sensor market is segmented into the Americas, Asia Pacific, Europe, and the Middle East and Africa (EMEA). In 2018, the Asia Pacific was the dominant region in the global CMOS image sensor market and is expected to remain dominant throughout the forecast period. This is mainly due to increasing smartphone penetration and the presence of majority of smartphone manufacturing companies in this region.

Competitive Analysis and Key Vendors: Global CMOS Image Sensor Market
The report covers and analyzes the CMOS images market. Vendors are increasingly focusing on expanding their product portfolio for various application segment. On the technological front, it is observed that vendors research and development are focused on the development of smaller pixel technologies, global shutter CMOS image sensor with dual in-pixel charge domain memory, and ultra-thin designs.

Few of the Key Vendors in the Global CMOS Image Sensor Market
• Sony Semiconductor Solutions Corporation
• OmniVision Technologies, Inc.
• ON Semiconductor
• STMicroelectronics
• Panasonic Corporation
• GalaxyCore Inc.
• Himax Technologies, Inc.
• SmartSens Technology

The report on the CMOS image sensor market contains an in-depth analysis of vendors, which includes financial health, business units, key business priorities, SWOT, strategies, and views, and competitive landscape. The study offers a comprehensive analysis of the “global CMOS image sensor market”. Bringing out the complete key insights of the industry, the report aims to provide an insight into the latest trends, current market scenarios, and technologies related to the market. In addition, it helps the venture capitalists, CMOS image sensor manufacturers, packing foundries, assembly and test service companies to understand revenue opportunities across different segments to make better decisions.

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Key Segments of the Report Include:
• Global CMOS Image Sensor Market, By Technology
o Frontside-illuminated (FSI) CMOS Sensor
o Backside-illuminated (BSI) CMOS Sensor

• Global CMOS Image Sensor Market, By Application
o Mobile & Computing
o Industrial/Aerospace/Defense
o Automotive
o Medical
o Security & Surveillance
o Others

• Global CMOS Image Sensor Market, By Geography
o Americas
o Asia Pacific
o Europe, Middle East, and Africa (EMEA)

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