CMOS Image Sensor Market Trends

Growth Drivers

Rising Demand for Security and Surveillance- Security is a major concern for people owing to the increasing thefts and attacks. This is expected to drive the market growth. However, owing to the privacy concern they can’t be installed everywhere. Hence many organizations are coming up with an upgraded solution. For Instance, Canon unveiled a new outdoor 4K camera in December 2021 that can be used as both a regular camera and a security camera. It can also merge every 4K UHD pixel the 4K UHD CMOS image sensor has ever recorded.

Rising Demand for Consumer Electronics- Spending on home electronics and appliances in China has increased significantly and is expected to keep rising. In 2021, it was estimated to be around 230 million dollars.

Growing Technology Advancement - Researchers from the Advanced Quantum Architecture Laboratory (AQUA), Ecole polytechniquefédérale de Lausanne (EPFL), and Device Research & Design Department, Canon Inc. developed a new time-gating strategy that uses fewer than eight transistors to get around the constraints of image sensors. They asserted that their novel approach has great promise for scaling photon-counting image sensors toward megapixel sensor resolution and sub-100-ps timing resolution.

Growing Terrorist Attacks- Middle East, Africa, and South Asia accounted for 95% of global death owing to terrorist attacks in 2019.

Increase in Rate of Surgery- It is estimated that an approximately 14 million people in America undergo some sort of surgery every year.

Challenges

Low-Megapixel Camera Acting has a Disadvantage
High Manufacturing Costs
CMOS Image Sensor (CIS) Verification Proves to be Challenging

Low-megapixel camera consists of several disadvantages. While zooming in, cropping, or printing photographs taken by low-megapixel camera suffers owing to its low image quality. Low-megapixel camera does carry low cost but backed by its inability to take high resolution photographs the demand for CMOS image sensor market is expected to hinder.

CMOS Image Sensor Market: Key Insights

Base Year	2023
Forecast Year	2024-2036
CAGR	7.2%
Base Year Market Size (2023)	USD 21.42 billion
Forecast Year Market Size (2036)	USD 52.89 billion
Regional Scope	North America (U.S. and Canada) Latin America (Mexico, Argentina, Brazil, Rest of Latin America) Asia Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Brazil, Rest of Asia Pacific) Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe) Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of CMOS image sensor is evaluated at USD 22.65 billion.

CMOS Image Sensor Market size was valued at USD 21.42 billion in 2023 and is projected to exceed USD 52.89 billion by 2036, expanding at over 7.2% CAGR during the forecast period i.e., between 2024-2036. The market growth is propelled by rising demand for security & surveillance, rising demand for consumer electronics, growing technology advancement, and others.

Asia Pacific industry is likely to dominate 45% revenue share by 2036, propelled by growing preference for facial recognition systems.

The major players in the market are STMicroelectronics International NV, Samsung Electronics America, Inc., Sony Semiconductor Solutions Corporation, and other key players

CMOS Image Sensor Market Trends