© 2016 Global Market Insights, Inc. USA. All Rights Reserved Image Sensor Market Size Growth During Forecast Period.
© 2016 Global Market Insights, Inc. USA. All Rights Reserved Image Sensor Market size is anticipated to grow substantially over the forecast timespan with rise in demand of these components in the automotive sector. The increased need and requirement of safety and security in vehicles is augmenting the demand for vision systems which would assist the passenger in driving the vehicle safely. The widespread adoption of (ADAS) Advanced in Driver Assistance Systems in luxury vehicles in developed nations propelling the image sensor market. These system uses image sensors to provide safety and precaution of the driver by offering several features such as (LDW) Lane Departure Warning, (APA) Advanced Parking Assistance and collision avoiding system. Several technologies that are used to provide these features are integrated cameras, sensor, LIDAR and radars. In addition, these components find applications in passenger classification, driver state monitoring, presence & object detection etc. propelling the market growth. Key Insights from Image Sensor Market:
© 2016 Global Market Insights, Inc. USA. All Rights Reserved Continued… Growing demand of inbuilt cameras in smartphones, tablets and webcams in PC have augmented the need and requirement of enhanced image quality, which is encouraging the developers to provide new technological advancements in their offerings in image sensor market. Image quality is one of the major parameters that the consumers consider while buying a smartphone and hence manufacturers consistently work to improve and satisfy the demands of the customers. For instance, In 2016, Samsung adopted 12 MP Fast 29 sensor which has high speed focus and track & lock-on moving objects features in low light also. These sensors were initially incorporated in the Samsung Galaxy S9 Plus & Samsung Galaxy S8. The demand for enhanced image quality, higher resolution is increasing among the customers, which is a growth and opportunity for the developers of image sensor market.
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved Market research reports: Key analytical components
Major Companies in Image Sensor Market : Samsung Teledyne OmniVision Sony On Semiconductor Canon SK Hynix Panasonic STMicroelectronics PixelPlus
© 2016 Global Market Insights, Inc. USA. All Rights Reserved Asia Pacific accounted for most of the image sensor market share owing to the flourishing consumer electronic industry. Presence of several device manufacturers creates high demand and requirement for these components. The major developed countries in this region such as China and South Korea are contributing significantly towards the market growth. In addition, the healthcare sector is experiencing high adoption and integration of these components in their devices for performing several processes and operations such as X-ray imaging applications and rotational radiography. This will propel the market growth in the region. Presence Regional Insights Image Sensor Market:
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