image sensor market will Explore Robust Size & Growth During 2021-2029
The image sensor market has experienced rapid expansion in recent years, driven by the rise in demand for high-quality pictures and videos for use in a variety of devices, including smartphones, digital cameras, security cameras, and auto cameras. Electronics called image sensors are used to catch and convert light into digital data that may then be processed to produce a picture.
Due to the rising popularity of advanced driver assistance
systems (ADAS) and autonomous driving technologies in the automotive sector, as
well as the growing trend of adding multiple cameras to smartphones for better
photography and video recording capabilities, the market for image sensors is
predicted to keep expanding. Sony, Samsung, OmniVision, ON Semiconductor, and
STMicroelectronics are important market participants in the image sensor space.
Due to fierce competition, businesses are concentrating on
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Key Players:
·
AMS AG.
·
Canon, Inc.
·
Galaxy Core, Inc.
·
Hamamatsu Photonics K.K
·
Infineon Technologies AG
·
ON Semiconductor Corporation
·
OmniVision Technologies Inc.
·
Panasonic Corporation
·
PMD Technologies AG
·
Pixelplus
·
Sony Corporation
·
Samsung Electronics Co. Ltd.
·
STMicroelectronics N.V.
·
SK Hynix, Inc.
·
Sharp Corporation
The advancement of cutting-edge technologies including
complementary metal-oxide-semiconductor (CMOS) image sensors and backside
illumination (BSI) has also contributed to the market's expansion. These
technologies are perfect for a variety of applications because they provide
improved performance, higher resolution, and less power consumption.
Additionally, the demand for image sensors in the automotive
sector is anticipated to fuel market expansion. The need for image sensors in
automobiles is anticipated to increase dramatically as ADAS and autonomous
driving technologies become more widely used. Modern cars increasingly feature
automotive cameras and LiDAR systems, which rely on image sensors for precise
detection and measurement.
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