CMOS Image Sensor Market worth 17.1 Billion USD by 2020
the CMOS image sensor market is estimated to reach USD 17.1 Billion
by 2020, growing at a CAGR of 11.8% between 2015 and 2020.
According to the new market research report "CMOS Image Sensor Market by
Technology (CMOS and Others), Specification, Wafer & Sensor Size, Application
(Automotive, Consumer Electronics, Industrial, Entertainment, & Security &
Surveillance), and Region - Global Trends and Forecast to 2020", Browse 79
market data tables and 91 figures spread through 194 pages and in-depth TOC
on “CMOS Image Sensor Market - Global Trends and Forecast to 2020”
http://www.marketsandmarkets.com/Market-Reports/cmos-image-sensor-market-
252212367.html
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The factors driving the CMOS image sensor market include the implementation of
CMOS image sensor in the consumer electronics sector, investment by players to
develop CMOS image sensors for the automotive sector, and 4K pixel technology
supporting the growth of the CMOS image sensor market in the security and
surveillance sector.
Consumer electronics expected to lead the CMOS image sensor
market
Consumer electronics accounted for a share of ~73% of the market in 2014. This
market is expected to grow at a CAGR of 10.8% between 2015 and 2020. The growing
implementation of CMOS image sensors in dual camera mobile devices, tablets, and
laptops has boosted the consumer electronics sector of the CMOS image sensor
market. The preference of dual camera phones for capturing images instead of carrying
a still camera has supported the growth of the CMOS image sensor market.
Automotive sector expected to grow at a high CAGR between 2015
and 2020
The market for CMOS image sensor in the automotive sector is expected to grow at a
high CAGR of 19.4% between 2015 and 2020. The growing awareness about driver
assistance and driver safety with the help of advance driver assistance system (ADAS)
is attracting investments by major players. Major players such as Sony Corporation,
OmniVision, and Toshiba are focusing on the development of CMOS image sensor for
the automotive sector.