CMOS and sCMOS Image Sensor Market Driven by the Growing Adoption of AI technology | Know COVID-19 Analysis | Top Companies- Sony , BAE Systems PLC , Canon
Market Research Future ( MRFR ), highlights that the CMOS and sCMOS Image Sensor Market Driven by the Growing Development of 5G . Expected to Grow Exponentially , Securing a Significant Market Valuation at a Decent CAGR of 11.5 %
Market Overview
In its research report , Market Research Future ( MRFR ), emphasizes that the global
CMOS and sCMOS image sensor market 2020 is expected to grow exponentially over the review period , securing a substantial market valuation from USD 10.4 billion in 2017 to USD 30.8 billion by 2027 and a healthy 11.5 % CAGR over the review period .
Drivers and Restraints
Over the last five years , CMOS and sCMOS Image Sensors have seen a considerable rise in demand . The rapid increase in global population income primarily in Asia , Europe , and North America is driving the growth of CMOS and sCMOS image sensors in the industry . The driving factors for the CMOS image sensor market include the growing adoption of CMOS image sensors in the consumer electronics sector , investment by key players to advance CMOS image sensors for the automotive sector , and the advancement of 4 K pixel technology to help the