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Global Image Sensors Market is Estimated to
Value $10,580 Million in 2015
According to new Market Research Report Published by
P&S Market Research
Published Date: June 2015
Number of Pages: 93

Write to: enquiry@psmarketresearch.com
(or)
Call US/ Canada toll-free:1-888-778-7886

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Global Image Sensors Market is Estimated to Value
$10,580 Million in 2015
P&S Market Research releases a new research report with market overview, trends, DRO analysis,
market segmentation, market size, share, forecast, porter analysis, recent developments,
competitive scenario and top competitor profiles in:
Global Industry Insight: Image Sensors Market Development and Demand Forecast To 2020
Explore report description with detailed TOC: https://www.psmarketresearch.com/marketanalysis/image-sensors-market

Key findings of Image Sensors Market:
The key findings of the report “Global Industry Insight: Image Sensors Market Development and
Demand Forecast to 2020” are following:
• Asia-Pacific is expected to dominate image sensors market surpassing the revenues of North
America during the forecast period.
• The global image sensors market is driven by the increasing use of image sensors in biometric
applications.
• The market for CCD image sensors is expected to witness negative CAGR of 2.5% during the
period 2015-2020; attributed to the surging application of low cost CMOS image sensors as a
replacement of CCD image sensors in various applications.
• The image sensors market is expected to witness significant growth in mobile phones
application during the forecast period; influenced largely by increasing market of smartphone,
smart wearable devices and handheld personal computers.

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Global Image Sensors Market is Estimated to Value
$10,580 Million in 2015
The global image sensors market is driven by the growing market of smartphones, tablets, personal
computers (PCs), and automotive industry. With rise in sales of camera enabled mobile phones and
improvements in design and fabrication of CMOS imaging technology, image sensors market is
expected to flourish during the forecast period. Developing countries, such as China, Japan and
India, offer ample opportunities to the image sensors market. Large number of manufacturers and
suppliers of electronics products (such as smartphones, digital still camera tablet and PC) in China,
Japan and Taiwan is accelerating growth of the image sensors market in Asia-Pacific region.
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Image sensors is expected to witness rapid development and mainstream acceptance in biomedical
applications, such as X-ray, disposable endoscopes, computerized axial tomography (CT scan),
diagnostic sonography and others. Increasing demand for medical imaging treatment, owing to the
aging population of western countries and increasing lifestyle diseases, is likely to lead the
expansion of image sensors market in medical imaging applications.
Asia-Pacific region is emerging as a promising market for image sensors. With the transition from
analog to digital systems gaining pace, the region is gradually admiring the image sensors market.
The major driving factors of the image sensors market in Asia-Pacific is increasing expenditure on
consumer electronics products and presence of various consumer electronics related industries.

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Global Image Sensors Market is Estimated to Value
$10,580 Million in 2015
Defense and aerospace is also expected to be a significant revenue generating segment. The
increasing expenses on defense and security in developing countries has increased the application
of image sensors in various defense equipment such as under water detection devices, infrared
cameras, and surveillance cameras. Growing need for enhanced safety and security solutions,
better alternative for conventional technology and rise in image sensing technology are expected to
be major factors driving the image sensors market in Asia-Pacific.
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North America was the second largest market for the image sensors in 2014. Several designing and
technological improvements in complementary metal-oxide semiconductor (CMOS) image sensors
are increasing the demand of CMOS image sensors in the consumer electronics and automobiles
industry in the region. The cost of imaging products are decreasing, as CMOS image sensors enable
large-scale integration and provide all camera functions on a single chip. The function of CMOS
image sensors eliminates the need for additional support-chip packaging and assembly.
The major companies operating in the market include Sony Corporation, Himax Imaging Inc,
GalaxyCore Inc., SK Hynix Inc., STMicroelectronics N.V., OmniVision Technologies Inc., Samsung
Semiconductor, Inc., ON Semiconductor Corporation, Toshiba Corporation and Canon Inc.

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Global Image Sensors Market is Estimated to
Value $10,580 Million in 2015
About Us
P&S Market Research is a global market research and consulting company. We
provide market research reports, industry reports, business intelligence and research
based consulting services across a range of industries.
With the help of our professional corporate relations with various companies, our
market research offers the most accurate market forecasting. Our analysts and
consultants interact with leading companies of the concerned domain to substantiate
every single data presented in our publication. Our research assists our client in
identifying new and different windows of opportunity and frame informed and
customized strategies for expansion in different regions.
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New York City, NY - 10016
Email: enquiry@psmarketresearch.com
US/ Canada Toll-Free: 1-888-778-7886
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