Market Overview

Global Camera Sensors Market is expected to register USD 26.1 billion in 2022, and is projected to reach USD 50.49 Billion by 2030 growing at a CAGR of 8.6% during the forecast period 2022 to 2030.

Sensors have become a big part of the fast-growing chip business. As technology gets better and more uses are found for sensors, they become more and more important. Sensors are needed for modern cars, advanced driver assistance systems (ADAS), new medical devices, automatic production technologies, smart building technologies, and power supply systems. At the same time, devices are getting better, more accurate, and more powerful. They are also often getting better, more connected, and more popular to use in making smart infrastructure at a lower cost. At first, CCD (Charge-Coupled Device) technology was used a lot because it made pictures that were clear and sensitive. But since 2004, more CMOS image sensors have been sold than CCD image sensors. This is because the CMOS technology has been improved in many ways. High-voltage analog circuits are used in CCD sensors, but CMOS sensors use less power and take up less room. Because of this, CMOS is more common than CCD and helps the camera sensor market grow by bringing in more money.

Market Dynamics

Drivers: Increasing demand for multiple cameras in mobile devices

The rise in the number of cameras in smartphones has helped the image sensor business. Smartphone back cameras are starting to use high-resolution image sensors along with different types of cameras like the standard or main camera, telephoto or periscope zoom camera, ultra-wide camera, monochrome camera, depth sensor or 3D ToF sensor, and closeup camera. Also, more and more people are getting smartphones around the world, and smartphone shooting is becoming more and more popular. This has caused a huge rise in the number of people who want to buy picture sensors.

Restraints: More and more car companies are going with LiDAR systems

LiDAR devices use millions of laser pulses to measure how close or far away something is. These systems need to be fine-tuned so that they can make choices faster and more accurately than people can. These systems are more exact and precise than image sensor cameras, but they are also expensive, heavy, and use a lot of power. They also don't work well when it's raining or snowing. Even though these problems exist, car companies still prefer LiDAR systems to image sensor camera systems. Light detection and ranging (LiDAR) solutions for self-driving cars are making it harder for the image sensor business to grow. 

Opportunity: Image cameras are getting better and coming up with new ways to take pictures

Picture sensor improvements try to improve picture clarity by increasing the number of pixels on the sensor, reducing noise, and making the sensor platform as small as possible. Features like depth sensing will add a lot to the value of image sensors when they are used in robotic surgery systems and surgical navigation and guide systems. Image sensors have a lot of room to grow because people are always coming up with new ideas. For example, about 23 new goods were released by the top image sensor makers after January 2022.

Challenges: The faster time it takes for smartphones to reach the market is a problem for companies that make image sensors

Most digital cameras with image sensors that are offered to consumers are very competitive because it takes less and less time to bring out new and better versions. Because the time a product lasts is getting shorter and shorter, the products in a line must always get better. So, shortening the time it takes to make a product is a big task, since the first company to market a new or better version can get a big competitive edge.

ADAS systems are becoming more and more popular, which is making the market for camera sensors in cars grow

The modern car business is growing quickly because of new technologies like machine vision, asset management, artificial intelligence, and others. More and more cars are coming with advanced driving assistance systems like 360-degree surround cameras, 360-degree vision, anti-lock brakes, lane departure warning, electronic stability control, traction control, and adaptive cruise control. In machine vision technology, ADAS infrastructure is a big part of how image sensors are used. 

Growth factor: Better picture clarity and a continued shift to CMOS technology are good for the growth of the camera sensor market

More often than not, CMOS image sensors are used instead of CCD image sensors because they are smaller, more delicate, and use less power. CMOS image sensor technology is getting more and more famous because it makes images look better and costs less to make. The camera sensor market is expected to grow because CMOS infrastructure is getting better and more powerful imaging technologies are coming out. In 2018, Sony Corporation made the Back Side Illuminated (BSI) CMOS camera, which is mostly used because it makes high-resolution pictures. So, the use of CMOS image sensors has made it more profitable to sell camera sensors.

Major Market Segments Covered 

On the basis of Type

CMOS sensor
CMOS image processors fell behind CCD technology because CCD processors used less power, were smaller, had a faster frame rate, were easy to combine, and cost less to make. Image cameras are now better at what they do because CMOS technology has improved. This has made it easy for more consumer products to use CMOS technology. Also, more people are using CMOS technology because it works better and costs less.

CCD Sensor
CCD image sensors used to be the most common type of image sensor all over the world. 

On the basis of Application

Consumer Electronics
In the last few decades, the market for image cameras has grown quickly as more and more people bought smartphones. Imaging sensors are becoming more common in consumer products because of things like high-resolution digital cameras, DSLR cameras with low noise and high sensitivity, point-and-shoot cameras, cameras on tablet PCs, and smartphones with two cameras.

Commercial
When stacked image sensors for ADAS hit the market, they are likely to help the car business grow. Aside from this, the big cabinets around camera and visualization technology are things like ADAS technology, driverless cars, and autonomous vehicle systems.

Industry and Security
Image sensors are also being used more and more in workplace automation and tracking, which is growing the market for image sensors as a whole. A big part of the image sensor market is also how the government handles things like home protection and spying. 

Medical
New optical scanning, diagnostic, and therapy technologies are expected to help the market for image sensors used in health care grow. 

Based on Processing Technique

2D Image Sensors
The way the market is now shows that many people have access to and use 2-dimensional technology. 

Based on Spectrum

Visible spectrum
A visible camera sensor is an imager that takes visible light (400–700 nm) and turns it into an electrical signal. From this information, photos and video streams are made. Visible cameras use light with wavelengths between 400 and 700 nm. This is the same area that we can see with our eyes.

Non-visible spectrum
Imaging that can't be seen uses technologies that don't work in the visible range, which is from about 380 to 750 nanometers (nm). Imaging below 380 nm is done with UV-appropriate lenses, filters, and lighting, as well as normal silicon sensors that have been changed.

Regional insights

Geographically The Camera Sensors market has been broken down into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. (MEA).

Scope Of Report:

Key Vendors

• Sony Group (Japan)
• Samsung Electronics Co., Ltd. (Japan)
• OMNIVISION (US)
• STMicroelectronics N.V. (Switzerland)
• GalaxyCore Shanghai Limited Corporation (China)
• ON Semiconductor Corporation (US)
• Panasonic Holdings Corporation (Japan)
• Canon Inc. (Japan)
• SK hynix Inc. (South Korea)
• PixArt Imaging Inc. (Taiwan), and others.

• Sony Group (Japan)

• Samsung Electronics Co., Ltd. (Japan)

• OMNIVISION (US)

• STMicroelectronics N.V. (Switzerland)

Switzerland's STMicroelectronics N.V. (ST) is one of the world's top chip companies. It makes smart, energy-efficient goods and solutions that power the electronics that are at the center of daily life. customers can find ST's products everywhere today. Together with their customers, the company is making cars, factories, cities, and homes smarter, as well as the next wave of mobile and Internet of Things devices. "Life augmented," which is what ST stands for, means using technology to get more out of life.

• GalaxyCore Shanghai Limited Corporation (China)

Industry development

Market segmentation 

Global Camera Sensors Market research report is categorized based on type, applications and region

On the basis of type

• CMOS Sensor
• CCD Sensor

On the basis of Application

• Consumer Electronics
• Automotive
• Commercial
• Industrial & Security
• Medical

Based on Processing Technique

• 2D Image Sensors
• 3D Image Sensors

Based on Spectrum

• Visible spectrum
• Non-visible spectrum

Global Camera Sensors Market Regional insights

• • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • France
    • Italy
    • Spain
    • UK
    • Nordic Countries
      • Denmark
      • Finland
      • Iceland
      • Sweden
      • Norway
    • Benelux Union
      • Belgium
      • The Netherlands
      • Luxembourg
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • Australia
    • South Korea
    • Southeast Asia
      • Indonesia
      • Thailand
      • Malaysia
      • Singapore
      • Rest of Southeast Asia
    • Rest of Asia-Pacific
  • The Middle East & Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • South Africa
    • Rest of the Middle East & Africa
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America

Conclusion