According to a recent market study published by Growth Market Reports, titled, "Global CMOS Image Sensor Market by types, applications, and by Region: Size, Share, Trends and Opportunity Analysis, 2018-2028", the market was valued at USD 20,725 Million in 2020 and is expected to grow at a healthy growth rate of 8.6% by the year 2028. The CMOS Image Sensor market is anticipated to grow significantly during forecast period.

CMOS image sensor, known as complementary metal-oxide-semiconductor image sensor, is a technology found in digital cameras with integrated electronic circuitry. It is responsible for converting incoming photon flux into digital signals. CMOS image sensors record the image captured. CMOS sensors are made of millions of pixel sensors and consist of a photo detector.

These pixel sensors, along with the photo detector, enable the camera to record an image by giving information, which the camera subsequently converts into digital reading. These image sensors are available in a variety of sizes, including wafer size and sensor size. Each pixel on a CMOS image sensor includes both a photodiode and a CMOS transistor switch, enabling pixel signals to be amplified separately. Pixel signals are accessed consecutively and directly, at a faster rate than a CCD Image sensor, by activating the matrix of switches. Key advantage of having an amplifier for each pixel is that it lowers the noise that arises while reading electrical signals converted from recorded light.

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Global CMOS Image Sensor market has been fragmented based on types, applications, and by regions. In terms of types, the global CMOS Image Sensor market is segmented into front-illuminated sensor and backside-illuminated sensor. In terms of applications, the global CMOS Image Sensor market is segmented into consumer electronics, healthcare, industrial, security and surveillance, automotive and transportation, and aerospace and defense.

By region the market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa (MEA). North America region is further bifurcated into countries such as the U.S., and Canada. The Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, the European region is further categorized into Germany, France, Italy, the U.K., Spain, and the Rest of Europe. Asia pacific is bifurcated into China, Japan, India, South Korea, Taiwan, Southeast Asia, and Rest of APAC. and the MEA region is further divided into Saudi Arabia, South Africa, UAE, and the Rest of MEA.

The effect of COVID-19 pandemic situation has led to the closure of several non-essential businesses reducing the demand for industrial goods in the world, which in turn, is affecting several industries worldwide. The COVID-19 crisis had hampered the performance of multiple economies of several countries, compelling them to call for lockdowns and temporary closures of industries, including manufacturing and services, in the second quarter of 2020. The outbreak of COVID-19 put huge stress on the CMOS Image Sensor market across the globe.

The pandemic affected all businesses and GDP fell significantly. People are concentrating on buying daily needs products, instead of health supplements, as per capita income reduced along with GDP. COVID-19 has severely affected the CMOS Image Sensor market growth, mainly due to shift of consumer buying behavior from luxury goods such as consumer vehicles and electronics to essential goods; thus, slowing down the market growth.

As per Growth Market Reports industry analyst Akshay Udavant, “rising use of high-resolution cameras in electronic devices, increasing popularity of social media applications, and growing usage of CMOS image sensors in automotive industry is expected to drive the demand for CMOS image sensor.”

Key Takeaways from the Study

  • North America accounts for a significant share of the market, followed by Europe. Various electronic products such as smartphones and wearable gadgets are expected to shift trends of consumers towards sensor-enabled electronics. The smartphone industry is anticipated to drive the market in the region.
  • Europe accounted for significant growth with substantial CAGR. Growing safety issues in driving are expected to boost the demand for CMOS image sensors in the automotive industry. Significant growth in the region is registered, owing to the emergence of key players. Europe-based e2v technologies acquired Atmel's image sensor and camera group, increasing its scope across CCD and CMOS technology.
  • Based on types, the market is categorized as front-illuminated sensor and backside-illuminated sensor segments. The front-illuminated sensor segment accounts for a considerable share of the global market; however, the backside-illuminated sensor segment is anticipated to grow significantly during the forecast period.
  • In terms of applications, the global CMOS image sensor market is divided into consumer electronics, healthcare, industrial, security and surveillance, automotive and transportation, aerospace and defense, and others. The consumer electronics segment is anticipated to hold a significant share of the global market. However, the automotive and transportation segment is anticipated to grow at a rapid pace during the forecast period.

Report Scope

Report Metric

Details

Market Value in 2020

USD 20,725 Million

Market Growth Rate (from 2021 to 2028)

8.6%

Historical Data

2018 & 2019

Base Year

2020

Forecast Period

2021 – 2027

Market Segments

Types, Applications

Regional Scope

North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA)

Country Scope

U.S., Canada, Brazil, Mexico, Rest of Latin America, Germany, France, Italy, U.K., Spain, Russia, Rest of Europe, Saudi Arabia, South Africa, UAE and Rest of MEA.

Key Companies Profiled

STMicroelectronics NV, Sony Corporation, Samsung Electronics Co. Ltd, ON Semiconductor Corporation, Omnivision Technologies Inc.

Customization Scope

Report customization available on request

Pricing and Purchase Options

Avail tailor-made purchase options to meet your research requirements.

Target Audience

  • Supply-side: CMOS image sensor provider
  • Demand Side: Consumer Electronics, Healthcare, Industrial, Security and Surveillance, Automotive and Transportation, and Aerospace and Defense.
  • Regulatory Side: Concerned government authorities, commercial research & development (R&D) institutions, and other regulatory bodies.
  • Associations and Industry Bodies: Occupational Safety & Health Administration (OSHA), Environmental Protection Agency (EPA), American National Standards Institute (ANSI), and Semiconductor Equipment and Materials International (SEMI).