The North America Image Sensor Market would witness market growth of 11.4% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 1,05,281.9 thousand units, showcasing a growth of 15.4% (2019-2022).
Image sensors are widely used in industrial automation and machine vision systems for tasks such as quality control, defect detection, and robotic guidance. They ensure precision and efficiency in manufacturing processes. Unmanned aerial vehicles (UAVs) and drones depend on them for navigation, obstacle avoidance, and capturing aerial imagery. They have applications in agriculture, mapping, surveillance, and photography. These are used in environmental monitoring systems to capture and analyze data related to weather conditions, pollution levels, and natural disasters. They aid in early warning and disaster management.
The market is notably propelled by the growing consumer inclination toward enhanced photography and a wider range of imaging capabilities, which in turn increases the demand for multiple cameras in mobile phones. This trend encourages innovation and competition within the market by forcing smartphone makers to incorporate a range of specialist image sensors, including depth, telephoto, and wide-angle sensors. The market is propelled by pursuing advanced imaging effects, including portrait mode and low-light performance, further emphasizing the need for sophisticated technologies.
United States light vehicle sales totalled 14.5 million units in 2020. The United States is the second-largest industry for the sale and manufacture of vehicles regionally. These are utilized by ADAS systems in the United States to provide real-time data regarding the surroundings of the vehicle, enabling functions such as adaptive cruise control, lane-keeping assistance, blind-spot monitoring, and automated emergency braking. These factors will propel the growth of the market across the North America region in the upcoming years.
The US market dominated the North America Image Sensor Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $11,695.6 million by 2030. The Canada market experiencing a CAGR of 13.9% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 12.9% during (2023 - 2030).
Based on Type, the market is segmented into CMOS (Front Side Illuminated (FSI), and Back Side Illuminated (BSI)), and CCD. Based on Vertical, the market is segmented into Consumer Electronics, Automotive, Defense & Aerospace, Industrial, Medical, Security & Surveillance, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Image Sensor Market is Predict to reach $64.3 Billion by 2030, at a CAGR of 12.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Sony Corporation, Samsung Electronics Co., Ltd. (Samsung Group), OmniVision Technologies, Inc., STMicroelectronics N.V., ON Semiconductor Corporation, Panasonic Holdings Corporation, Canon, Inc., GalaxyCore Shanghai Limited Corporation, PixArt Imaging, Inc., and Toshiba Corporation.
By Type (Volume, Thousand Units, USD Billion, 2019 to 2030)
By Vertical (Volume, Thousand Units, USD Billion, 2019 to 2030)
By Country (Volume, Thousand Units, USD Billion, 2019 to 2030)
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