The CCD image sensors market size was USD 1.58 billion in 2020 and is expected to expand at a CAGR of 4.9% during the forecast period, 2021 - 2028. The growth of the market is attributed to the adoption of CCD image sensors for the automatic optical inspection (AOI) and rising focus on the camera quality in the smartphone industry.
CCD image sensors are used to obtain better quality images during the industrial inspection. These sensors keep a track on quality control and boost the yield in modern manufacturing, machine vision systems, and reduces human intervention.The automobile industry is focusing on enabling safer driving experiences. This, in turn, has increased the use of frame transfer CCD sensor and interline transfer CCD sensors.
The report on the global CCD 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 |
Global CCD Image Sensors Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2020 |
Historic Data |
2018–2019 |
Forecast Period |
2021–2028 |
Segmentation |
Types (Wired and Wireless), Applications (Consumer Electronics, Security and Surveillance, Automotive & Transportation, Healthcare, and Others) |
Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered in the Report |
Samsung Electronics Co., Ltd., Sony Corporation, Canon Inc., Toshiba Corporation, ON Semiconductor Corporation |
Based on types, the market is divided into wired and wireless. The wireless segment is projected to account for a large market share during the forecast period. The segment growth is attributed to the increasing demand for wireless CCD sensors in the market. Wireless CCD sensors are easier and convenient to use. They are battery operated devices and are portable.
On the basis of applications, the market is segregated into consumer electronics, security, surveillance and healthcare, automotive & transportation, and others. The consumer electronics segment is projected to account for a significant market share during the forecast period. The growth of the segment can be attributed to the increasing use of cameras equipped with image sensors in smartphones. Growing focus of consumers on smartphone photography has encouraged smartphone manufacturers to take image sensor as an essential factor to be considered during the designing of the devices.
Based on regions, the market is segmented into Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific is expected to hold a major market share during the forecast period. The segment growth in the region is due to the increasing demand from the consumer electronics segment in countries such as India and China.
China is known as the manufacturing hub of the world. The demand for the CCD image sensors is high in the consumer products, which require high image quality for the usage. A better semiconductor supply chain presence has further helped in handling the market demand. China and India are further planning to install CCTV camera devices with the strategic goal of developing smart cities and improve the infrastructure. Moreover, increasing focus on public safety is driving the segment growth.
Segments Covered in the Report
The global CCD image sensors market has been segmented on the basis of:
Types
Applications
Regional Scope
Key players
Some of the major players in the market are Samsung Electronics Co., Ltd., Sony Corporation, Canon Inc., Toshiba Corporation, ON Semiconductor Corporation.
The competitive rivalry among existing competitors is high as the market demand is in limited applications. The product innovation strategy of companies is expected to keep the market growing during the forecast period. Sensitivity to the price of raw material and use of patented technology are among some of the factors that impact the market.
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