The Image Sensor Market is Predict to reach $64.3 Billion by 2030, at a CAGR of 12.2%

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Image Sensor Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Image Sensor Market size is expected to reach $64.3 billion by 2030, rising at a market growth of 12.2% CAGR during the forecast period. In the year 2022, the market attained a volume of 6,43,550.2 thousand units, experiencing a growth of 16.1% (2019-2022).

The CMOS segment is registering maximum revenue in the Global Image Sensor Market, By Type in 2022; thereby, achieving a market value of $46.9 billion by 2030. The automotive industry employs CMOS image sensors for various purposes, especially ADAS and in-cabin monitoring. These sensors are crucial in lane-keeping assistance, adaptive cruise control, parking assistance, and 360-degree view cameras. CMOS image sensors are used for retail and commercial applications, including point-of-sale (POS) systems, barcode scanning, and smart shelves that monitor product availability and customer behavior.

The Defense & Aerospace segment would exhibit a CAGR of 13.9% during (2023 - 2030). The defense & aerospace segment has heavily embraced image sensors for UAVs and drones. Image sensors are essential for capturing high-resolution images and videos for surveillance, reconnaissance, and intelligence gathering. In aviation and space exploration, image sensors are used for navigation, surveillance, target tracking, and terrain recognition. These sensors help ensure the safety and effectiveness of manned and unmanned aircraft, satellites, and space probes.

The Asia Pacific region is generating the highest revenue in the Global Image Sensor Market, By Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $27.4 billion by 2030. The Europe region is poised to grow at a CAGR of 11.6% during (2023 - 2030). Additionally, The North America region is experiencing a CAGR of 11.4% during (2023 - 2030).

Full Report: https://www.kbvresearch.com/image-sensor-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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.

Global Image Sensor Market Segmentation

By Type (Volume, Thousand Units, USD Billion, 2019 to 2030)

CMOS
- Front Side Illuminated (FSI)
- Back Side Illuminated (BSI)
CCD

By Vertical (Volume, Thousand Units, USD Billion, 2019 to 2030)

By Geography (Volume, Thousand Units, USD Billion, 2019 to 2030)

North America
- US
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA

Companies Profiled

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.
Toshiba Corporation

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