The North America Organic CMOS Image Sensor Market would witness market growth of 11.1% CAGR during the forecast period (2021-2027).
An organic CMOS image sensor is defined as the improved image sensor that offers many features like high sensitivity and wide dynamic range. There is a broad range of applications of CMOS image sensors in various sectors like consumer electronics, medical & life sciences, automotive, robotics, security & surveillance, and others. The CMOS image sensor market is witnessing a huge demand owing to the increasing popularity of high-resolution images.
The organic CMOS image sensors are used in the healthcare sector for various purposes like patient supervision & drug manufacturing, digital capsule endoscopy, dental surgery & treatment, artificial retina, X-ray imaging equipment, and minimally invasive surgery. In addition, attention-based alarming, scene understanding, tracking, motion detection, and color analysis are some of the features offered by organic CMOS image sensor technology. These features are majorly utilized for safety & monitoring applications to control activity distantly in various fields.
There are many developed nations like the US and Canada, which are witnessing high & early adoption of the latest technology. The increasing requirement for trivial pixel devices that offer high resolution with more cost-effective technology would support the growth of the regional market. The mechanical enhancements & robust uses of images via various applications have contributed to the shifting usage of organic CMOS image sensors in the North America market.
The increasing focus on Research & Development investments is contributing to the cheaper, compressed, & power-efficient sensing tools that open lucrative opportunities for industrial companies. In addition, the growing popularity of smartphones with advanced features & technologies is increasing the demand for the organic CMOS image sensor. Moreover, the need for smarter & compressed cameras to support the traffic handling also boost the demand for traffic surveillance cameras, which further fuel the demand for organic CMOS image sensors in this region.
The US market dominated the North America Security & Surveillance Organic CMOS Image Sensor Market by Country 2020, thereby, achieving a market value of $88.6 million by 2027. The Canada market is experiencing a CAGR of 14.1% during (2021 - 2027). Additionally, The Mexico market would witness a CAGR of 13% during (2021 - 2027).
Based on Image Processing, the market is segmented into 2D Sensor and 3D Sensor. Based on Array Type, the market is segmented into Linear Image Sensors and Area Image Sensors. Based on Application, the market is segmented into Video, 3D Imaging, Machine Vision, Biometrics, and Others. Based on Industry Vertical, the market is segmented into Consumer Electronics, Automotive, Medical & Life Sciences, Security & Surveillance, Robotics and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Organic CMOS Image Sensor Market is Estimated to Reach USD 2.5 Billion by 2027 at a CAGR of 11.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Canon, Inc., Fujifilm Holdings Corporation, Sony Corporation, Siemens AG, Samsung Electronics Co., Ltd. (Samsung Group), Teledyne Technologies, Inc., Xenics NV, OmniVision Technologies, Inc., Taiwan Semiconductor Manufacturing Company, and AMS AG.
By Image Processing
By Array Type
By Application
By End User
By Country
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