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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Image Sensors Market Regional Analysis
The Asia Pacific To Occupy A Significant Position In The Global Market For Image Sensors
The image sensors market share in Asia Pacific is likely to grow owing to the fast expansion of the semiconductor sector and the increasing inclusion of image sensors in linked goods. In addition, the region's increased adoption of digital services, smartphones, and smart devices is further expected to fuel the market in the Asia Pacific region in the coming years. Additionally, market expansion can be attributed to the increasing use of advanced driver assistance systems (ADAS) in vehicles. Moreover, government legislation for vehicle safety and customer desire for active safety features are some factors positively influencing the growth of the image sensors industry in the region.
| CAGR 2024-2032 - Market by | Country |
| India | 12.3% |
| China | 10.3% |
| Canada | 9.6% |
| UK | 8.5% |
| Germany | 7.7% |
| USA | XX% |
| France | XX% |
| Italy | XX% |
| Japan | 6.4% |
| Australia | XX% |
| Saudi Arabia | XX% |
| Brazil | XX% |
| Mexico | XX% |
Further, China is a major producer and consumer of electronic goods, and due to its rising economy and significant global electronics market share, the country is likely to witness growth in the coming years. In addition to China, India is exhibiting a rise in several smart cities, owing to which electronic solutions for surveillance, maintenance, and monitoring are projected to boost the image sensor industry in Asia Pacific.
Image Sensors Market Report Snapshots
Image Sensors Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the global image sensors market attained a value of more than USD 22.70 billion.
The market is projected to grow at a CAGR of nearly 9.30% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach over USD 50.70 billion by 2032.
The market is being driven by the flourishing semiconductors industry, and the rising deployment of image sensors in consumer electronic appliances.
The rising demand for image sensors to be used in medical imaging solutions, security cameras, and autonomous vehicles are some of the factors shaping the growth of the market.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major types of image sensors are CMOS and CCD.
The significant end-user industries of image sensors are automotive and transportation, consumer electronics, security and surveillance, industrial, healthcare, aerospace and defence.
The major players in the industry are Sony Semiconductor Solutions Corporation, Samsung Electronics Co., Ltd., OmniVision Technologies, Inc., STMicroelectronics International N.V., Panasonic Corporation, and CMOS (Complementary Metal Oxide Semiconductor) Sensors Group, among others.
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