Global CMOS image sensor market expected to reach over $14 billion by 2019, says Technavio

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This market research report by Technavio segments the global CMOS image sensor market by application (consumer electronics, automotive, industrial, medical, and others) and by geography (APAC, EMEA, and Americas). Key vendors analyzed in this market study are Canon, Omnivision, On Semiconductor, Samsung, and Sony.

Technavio’s market research analysts estimate the global CMOS image sensor market to grow at a CAGR of around 10% between 2015 and 2019. The recent technological shift from charge coupled devices (CCD) sensors to complementary metal-oxide semi-conductor (CMOS) sensors in consumer electronics is a major growth-promoting factor in this market. The Americas lead the global market for CMOS image sensors, accounting for around 40% of the overall market share. Factors like its large consumer base for electronics like tablets and smartphones are expected to result in its high growth rate of around 9% during the forecast period.

The new market research report from Technavio provides a breakdown and analysis of the CMOS image sensor segments by technology.

“Sensor manufacturers are trying to adopt new pixel technologies that can balance the performance of the camera even with smaller pixels. They are incorporating several features like pinned photodiode technology and optimised implantation techniques, which can reduce dark current and manage the appearance of hot pixels that can contribute to noise and lag in an image. Also, vendors are using back side illumination (BSI) technology to increase the overall sensitivity of the camera,” says Navin Rajendra, Lead Analyst, Hardware & Semiconductor, Technavio Research.

Technavio market research analysts have estimated the consumer electronics segment to account for nearly 45% of the total market share by 2019. Since this segment has the largest consumer base, implementation of CMOS sensors in devices like smartphones, tablets, PCs, and digital cameras is expected to result in its high market dominion during the forecast period.

The key vendors in the global CMOS image sensor market include Canon, Omnivision, On Semiconductor, Samsung, and Sony. This market is highly fragmented due to the presence of large number of vendors. High initial investment and high competition from established vendors is a big hurdle for the new entrants.

A more detailed analysis is available in the Technavio report, Global CMOS Image Sensor Market 2015-2019.

We can customize reports by other regions and specific segments upon request.

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