North America Low light Imaging Market Report and Forecast 2024-2032

North America Low light Imaging Market Outlook

The North America low light imaging market size reached USD 4.03 billion in 2023. The market is projected to grow at a CAGR of 10.3% between 2024 and 2032, reaching a value of almost USD 9.86 billion by 2032.

Key Takeaways:

• Medical imaging is expected to account for a significant share of the North America low light imaging market.

• The demand for low light imaging sensors is expected to increase in countries like the US which are the early adopters of advanced technologies.

• The military and defence sector is expected to be one of the major end users of the technology, as it focuses on achieving sharply focused and clear images and improved security.

Increased focus on the prevention of illegal and criminal activities in the United States is expected to increase the adoption of security cameras, favourably impacting the North America low light imaging market growth. In 2023, 630 violent encounters happened in the USA which is an average of two accidents per day.

Miniaturisation of electronic parts and the evolution of smart features in gadgets have popularised the adoption of digital cameras. These cameras feature improved connectivity (Wi-Fi and Bluetooth), automatic geotagging, and facial recognition.

As per the North America low light imaging market analysis, CMOS sensors are expected to lead the market demand. Rapid technological advancements have significantly improved image quality (number of pixels), quantum efficiency, and readout speed of CMOS sensors while eliminating Random Telegraph Noise (RTN). The price/performance ratio of CMOS sensors makes them suitable for industrial applications, and their low power consumption rate makes them more attractive than CCD sensors. Some CMOS sensors also have backside illumination (BSI) sensors which enables them to capture high-resolution pictures in low light conditions. Their high dynamic range makes them suitable for outdoor applications.

The applications of low light imaging sensors are expanding beyond traditional fields to sectors like entertainment and videography. Low light imaging is popular in Hollywood for shooting films that have elements of horror, mystery, or suspense. The increase in the number of psychological thriller series on OTT platforms is expected to increase the use of low light imaging technology to achieve improved outcomes.

Market Segmentation

North America Low light imaging Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Type of Sensor

• Complementary-Metal-Oxide-Semiconductor (CMOS) Sensor

• Charge Coupled Device (CCD)

Market Breakup by Application

• Scientific Imaging

• Medical Imaging

• Security and Surveillance

• Space Imaging

• Low Light Photography

• Others 

Market Breakup by End Use

• Consumer Electronics

• Automotive

• Military and Defence

• Others

Market Breakup by Country

• United States of America

• Canada

The key market players are Sony Group Corp., Samsung Electronics Co. Ltd., Canon Inc., OMNIVISION Technologies, Inc., Teledyne Technologies Inc., Panasonic Holdings Corporation, HORIBA, Ltd., Semiconductor Components Industries, LLC (Onsemi), Hamamatsu Photonics K.K., Hangzhou Hikvision Digital Technology Co., Ltd., and Oxford Instruments plc, among others.

Key Highlights of the Report