The Asia Pacific image sensors market size is expected to expand at significant CAGR during forecast period 2021–2028. Growth of the market is attributed to rapidly growing economy, rising demand for camera, growing demand for smartphones, and increasing population.
Image sensor is an equipment that identifies & transport the data that is used to make an image. It is done by altering the variable attenuation of the light waves as they pass through objects into small bursts of current and signals that transport the data. The waves are in electro-magnetic radiation & light form. Image sensors utilized in electronic imaging equipment’s are digital and analog types, which also contains optical mouse devices, digital cameras, camera phones, and camera modules.
The Covid-19 pandemic affected the demand and supply of Asia Pacific image sensors. Lockdown across the globe, supply chain disorders, and oscillating supply of raw materials forced manufacturers to shut down production leading to unfortunate decline in market growth. Launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth over the forecast period.
The report on the Asia Pacific image sensors market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes | Details |
Report Title | Asia Pacific Image Sensors Market–Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year | 2020 |
Historic Data | 2018-2019 |
Forecast Period | 2021-2028 |
Segmentation | Types (Complementary Metal-oxide-semiconductor and Charge-coupled Devices), End- user Industry (Automotive & Transportation, Healthcare, Security & Surveillance, Industrial, Aerospace & Defense, and Consumer Electronics) |
Geographical Scope | Japan, India, China, and Rest of the Asia Pacific |
Report Coverage | Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players covered in the Report | SmartSens Technology Co., Ltd.; Panasonic Corp.; Hynix Inc.; STMicroelectronics NV; Samsung Electronics Co. Ltd.; OmnniVision Technologies Inc.; Canon Inc.; ON Semiconductor Corp.; Ams AG; Sony Corp.; Teledyne DALSA Inc.; Aptina Imagine Corp.; GalaxyCore Inc.; Pixelplus Co., Ltd.; Sharp Corp.; and Gpixel Inc. |
Based on types, the Asia Pacific image sensors market is bifurcated into complementary metal-oxide-semiconductor and charge-coupled devices. The complementary metal-oxide-semiconductor segment accounts for a key share of the market. Growth of the market is attributed to rising demand for surveillance & security in public places, increasing per capita income, and rising investment by private sector. However, the charge-coupled devices are anticipated to expand at a rapid pace during the forecast period due to increasing number of television unit & refrigerators and rapid urbanization.
Based on end-user industry, the Asia Pacific image sensors market is fragmented into automotive & transportation, healthcare, security & surveillance, industrial, aerospace & defense, and consumer electronics. The healthcare segment is anticipated to hold a major market share during the forecast period. Growth of the market is attributed to increasing usages of sensor-enabled products, emerging demand for image sensor from various sectors, and rapidly growing economy. However, the security & surveillance segment is anticipated to expand at a rapid pace during the forecast period due to factors such as increasing population and rising purchasing power of individuals.
On the basis of region, the Asia Pacific image sensors market is categorized as Japan, India, China, and Rest of the Asia Pacific. The market of India is anticipated to expand at a high CAGR during the forecast period due to increasing demand for comfort & safety cars and increasing adaption of ADAS. The market of China is expected to hold a major market share due to increasing production of complementary metal-oxide-semiconductor, major investment in autonomous cars, and increasing demand for high resolution camera smartphones.
Segments Covered in the Report
The Asia Pacific image sensors market has been segmented on the basis of
Types
End-user Industry
Geography
Key Players
Key players competing in the Asia Pacific image sensors market include SmartSens Technology Co., Ltd.; Panasonic Corp.; Hynix Inc.; STMicroelectronics NV; Samsung Electronics Co. Ltd.; OmnniVision Technologies Inc.; Canon Inc.; ON Semiconductor Corp.; Ams AG; Sony Corp.; Teledyne DALSA Inc.; Aptina Imagine Corp.; GalaxyCore Inc.; Pixelplus Co., Ltd.; Sharp Corp.; and Gpixel Inc.
Some of these players are using several market strategies such as acquisitions, merger, collaborations, partnerships, capacity expansion, and product launches to enhance their market shares and raise their production line of the business in the coming years.
Segments Covered in the Report
The Asia Pacific image sensors market has been segmented on the basis of
Types
End-user Industry
Geography
Key Players
Key players competing in the Asia Pacific image sensors market include SmartSens Technology Co., Ltd.; Panasonic Corp.; Hynix Inc.; STMicroelectronics NV; Samsung Electronics Co. Ltd.; OmnniVision Technologies Inc.; Canon Inc.; ON Semiconductor Corp.; Ams AG; Sony Corp.; Teledyne DALSA Inc.; Aptina Imagine Corp.; GalaxyCore Inc.; Pixelplus Co., Ltd.; Sharp Corp.; and Gpixel Inc.
Some of these players are using several market strategies such as acquisitions, merger, collaborations, partnerships, capacity expansion, and product launches to enhance their market shares and raise their production line of the business in the coming years.
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