Image Sensor Market Size To Reach $49.82 Billion By 2030

Image Sensor Market Growth & Trends

The global image sensor market size is anticipated to reachUSD 49.82 billion in 2030 and is projected to grow at a CAGR of 7.7% from 2025 to 2030. The industry is poised for unprecedented growth over the forecast period owing to the rising expenditure on security & surveillance in public places across regions and increasing disposable income across the emerging and developing economies. The impact of information technology in the automotive, defense, medical, and industrial application has driven the demand for image sensors over the projected period.

The increasing adoption of technologies for improving anti-terror equipment mitigating the security lapses has demanded better camera resolution, which has further enhanced the market growth. The IP cameras are expected to have significant growth over the forecast period as compared to analog cameras, which is due to higher resolution, secure transmission, ability to cover more distance, high-speed recording, and lower cable cost. Consumer electronics is expected to be the key application segment having significant penetration and is also anticipated to grow at a considerable rate over the forecast period. The leading companies in the market are seeking new revenue sources as the smartphone market is attaining maturity. This has resulted in increased demand for image sensors in the wearable industry and other applications.

The increasing R&D expenditure on the deployment to have 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.

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Image Sensor Market Report Highlights

• The image sensor market is anticipated to witness 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 healthcare facilities.

• The CMOS technology is anticipated to grow at a 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 wearables, tablets, notebooks, PCs, webcams, gaming consoles, and so on.

• The healthcare & life sciences segment is expected to grow at the fastest CAGR over the forecast period

• North America image sensor market is expected to grow at a significant CAGR from 2025 to 2030. The increasing per capita healthcare expenditure and prevailing large consumer base have influenced the growth in the region.

Image Sensor Market Segmentation

Grand View Research has segmented the global image sensor market report based on type, image processing technology, resolution, end use, and region:

Image Sensor Type Outlook (Revenue, USD Million, 2018 - 2030)

• CCD Image Sensors

• CMOS Image Sensors

Image Sensor Image Processing Technology Outlook (Revenue, USD Million, 2018 - 2030)

• 2D

• 3D

Image SensorResolution Outlook (Revenue, USD Million, 2018 - 2030)

• Up to 5 MP

• 5 MP to 12 MP

• 12 MP to 16 MP

• Above 16 MP

Image Sensor End Use Outlook (Revenue, USD Million, 2018 - 2030)

• Aerospace & Defense

• Automotive

• Consumer Electronics

• Healthcare & Lifesciences

• Industrial

• Security & Surveillance

• Others

Image Sensor Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • UK

  • France

  • Italy

• Asia Pacific

  • China

  • Japan

  • India

  • Australia

  • South Korea

• Latin America

  • Brazil

• Middle East and Africa (MEA)

  • Saudi Arabia

  • South Africa

List of Key Players in Image Sensor Market

• ams OSRAM AG

• Canon Inc.

• Continental AG

• Denso Corp.

• GalaxyCore Shanghai Limited Corporation

• Gentex Corporation

• Hamamatsu Photonics K.K.

• Himax Technologies, Inc.

• Infineon Technologies AG

• NXP Semiconductors