Semiconductor Market Research Reports Image Sensor Market is anticipated to reach USD 26 | Page 2

The increasing R&D expenditure on the deployment to have a raw material access is expected to
compel the backward integration at the buyer's end. For instance, Beijing-based Hua Capital
Management Co., Ltd. planned to acquire U.S-based OmniVision Technologies, Inc. in 2016 to
overcome the supply shortage in the market.
Further key findings from the report suggest:
 The image sensor market is anticipated to witness a considerable growth over the projected
period owing to the increasing awareness of early diagnosis. Moreover, a growing number of
diagnostics imaging procedures have increased the demand for imaging systems in the
healthcare facilities.
 The CMOS technology is anticipated to grow at significant CAGR over the projected period
owing to the characteristics such as low power consumption, high immunity to noise, and less
emission of waste heat.
 Consumer electronics is anticipated to gain the highest revenue over the forecast period
owing to the wide applications in devices such as wearable, tablets, notebooks, PCs,
webcams, gaming consoles, and so on.
 The industrial/defense application is anticipated to witness a CAGR of over 15.2% over the
forecast period. The growth is attributed to the increased defense spending by countries
across the region. The increasing performance of the high-end CMOS technology is competing
with the CCD technology on the factory floors. Reducing the cost of mainstream cameras and
sensors allows vision to be used effectively in the industrial applications.
 The North American image sensor industry is anticipated to have a significant growth over
the forecast period. The increasing per capita healthcare expenditure and prevailing large
consumer base have influenced the growth in the region.
 The key players in the image sensor market include OmniVision Technologies, Inc., (U.S.),
Toshiba Corporation (Japan), and Pixart Imaging, Inc. (China). Companies are focusing on
developing new products to enhance their market share.
Browse Full Research Report at: https://www.radiantinsights.com/research/image-
sensor-market
Table of Contents:
Chapter 1. Methodology and Scope
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