CMOS Image Sensor Market

CMOS Image Sensor Market Outlook (2024 to 2032)

The Global CMOS Image Sensor Market size is likely to cross a valuation of US$ 40.6 billion by 2032. It witnessed a CAGR of 7.4% from 2024 to 2032. The market is set to reach US$22.8 billion by 2024.

The CMOS image sensor industry is expected to rise as facial recognition technologies become immensely popular. Federal programs for smart cities are anticipated to fuel growth in the next ten years.

Rising demand for smartphones is the main factor behind growth in the global market. The consumer electronics sector has benefited from increased use of cameras with sensor technology in smartphones around the world.

Rising popularity of mobile photography has made it a key factor for smartphone manufacturers when deciding whether to use natural image sensors. These companies create smartphones that contain a maximum of five lenses in a single device. Single digital reflex (DSLR) cameras, computers, cellphones, and other gadgets all have CMOS image sensors.

Together with the expanding smartphone adoption rate, image capture has also broadened dramatically as a result of smartphones' inclusion of cameras. The market for sensor technology is expected to be driven by these elements. Owing to rising popularity of high-definition image-capturing equipment across a variety of industries, CMOS technology has experienced significant adoption rates.

The field of view and light sensitivity of a security camera are influenced by the size of image sensors. It also affects the requirement for security cameras. Most surveillance video systems use CMOS image sensors. It enables fast speed with less power consumption.

Performance of CMOS image sensors is steadily rising. It is moving toward high levels of performance with improved integration possibilities and cost advantages.

For instance, smartphones have music playback features, a camera, and wireless connectivity. Popularity of these capabilities in all-in-one gadgets is driving up the manufacturing of CMOS image sensors.

How Will Sales of CMOS Image Sensors between 2017 and 2021 Outpace the Demand from 2022 to 2032?

As per Persistence Market Research (PMR), the global CMOS image sensor market showcased a CAGR of about 8.3% in the historical period. It is projected to witness a CAGR of 7.4% in the forecast period.

The consumer electronics sector has been at the forefront of incorporating CMOS image sensor technology. These have been often equipped in cameras and smartphones in recent years.

The image sensor market is anticipated to be driven by rising investments in security and surveillance in public spaces throughout the world. Increasing usage of technology for enhancing anti-terror equipment would also fuel growth.

The new technology would soon be utilized for reducing security shortcomings worldwide. The market is further anticipated to develop as a result of rising disposable income and growing usage of image cameras for automotive applications.

Top CMOS Image Sensor Market Trends Listed by Persistence Market Research (PMR)

• Increasing use of smartphones and tablets, as well as high demand for automotive would fuel the market.
• Performance, power consumption, and price of CMOS image sensor technology have all increased over time.
• CMOS image sensor demand is rising as more applications choose them as their preferred imaging technology.
• Need for high-quality cameras has expanded along with the popularity of smartphones and tablets.
• CMOS image sensors are perfect for usage in mobile devices since they provide high-quality photos with little power consumption.
• Several automobile applications such as backup cameras, lane departure warning systems, and driver monitoring systems, employ CMOS image sensors.
• The market for CMOS image sensors has expanded as a result of rising demand for advanced driver assistance systems (ADAS).
• There is a growing demand for CMOS image sensors in the healthcare sector.
• These are required for medical gadgets, including X-ray scanners, surgical cameras, and endoscopes.
• Demand for CMOS image sensors has risen as a result of need for superior picture quality and high resolution in medical imaging.
• Applications for industrial automation that employ CMOS image sensors include robots, surveillance systems, and inspection systems.
• Need for CMOS image sensors has surged worldwide as automation is being adopted more widely across different sectors.

Which are the Factors Hindering CMOS Image Sensor Sales Worldwide?

• High competition and technological limitations are a couple of factors hampering CMOS image sensor sales.
• Emergence of new technologies such as 3D sensors and sophisticated packaging methods might also hinder demand.
• Businesses must make significant investments in research & development to stay up to date with the rate of innovation.
• The CMOS image sensor industry contains numerous competitors, and the rivalry is fierce.
• This results in a pricing war, which has a negative effect on the earnings and sales of businesses engaged in this industry and restrains the market.
• Production of CMOS image sensors is an intricate process that calls for cutting-edge machinery and highly qualified personnel.
• High production costs might result from this, which hence restricts the market's ability to develop.
• In the semiconductor sector, intellectual property rights are crucial, and businesses must spend a lot of money obtaining their patents and licenses.
• If current businesses do not protect their IP rights, it might be a barrier to their expansion.
• It might also be a barrier to entry for new competitors and hence restrain the market.

Which Region would Create Lucrative Opportunities for CMOS Image Sensor Providers?

North America is considered to hold the most significant CMOS image sensor market share throughout the projection period. Growing need for CMOS image sensors in the consumer electronics sector has led to expansion of the North America market.

North America is estimated to witness a CAGR of about 40.2% in the assessment period. On Semiconductor is one of the leading companies in the field of CMOS image sensors in North America.

Country-wise Insights

Why is the United States of America Showcasing High CMOS Image Sensor Demand?

The United States of America CMOS image sensor market is expected to top a valuation of US$ 12.7 billion by 2032. It would create an absolute dollar growth of US$ 5.8 billion in the assessment period.

The United States of America market witnessed growth at a CAGR of 6.8% from 2017 to 2021. It is likely to elevate at a CAGR of 6.3% from 2022 to 2032.

In May 2022, an advanced global shutter image sensor was revealed by STMicroelectronics, a United States-based company. It is used for affordable, reliable driver-monitoring safety systems.

Compared to traditional front-side illuminated (FSI) sensors, they are more sensitive, compact and more dependable. Traditional front-side illuminated (FSI) sensors are generally utilized in first-generation driver monitoring sensors.

Would China Witness Rising Need for CMOS Image Sensor Technology?

China CMOS image sensor market is anticipated to exceed US$ 3.5 billion by 2032. It is likely to create an absolute dollar opportunity of US$ 1.9 billion in the next ten years.

China showcased growth at a CAGR of 9.8% from 2017 to 2021. It is expected to flourish at a CAGR of 8.4% from 2022 to 2032.

Himax Technologies, a China-based company, launched an ultra-power CMOS image sensor for computer vision applications. When running at QVGA resolution at 30 frames per second, the sensor can handle even low power modes, such as those at less than 700 W.

Is CMOS Image Sensor Structure Showcasing Surging Popularity in Japan?

Japan CMOS image sensor market is estimated to surpass US$ 2.9 billion in 2032. It would create an absolute dollar opportunity of US$ 1.4 billion in the forecast period.

Japan exhibited steady growth at a CAGR of 7.5% from 2017 to 2021. It is expected to expand at a CAGR of 6.9% from 2022 to 2032.

Rising demand for digital cameras, cellphones, and other imaging devices has led to tremendous expansion in Japan. For taking high-quality photos and films, these gadgets frequently employ CMOS image sensors.

Category-wise Insights

Which Technology of CMOS Image Sensor is Projected to Witness Significant Growth?

Back side illuminator technology is projected to witness significant growth in the next ten years. It has numerous applications in the medical sector.

CAGR of the back side illuminator segment was around 8.1% from 2017 to 2021. It is estimated to escalate to around 7.3% CAGR from 2024 to 2032.

Which is the Leading Application of CMOS Image Sensors Globally?

Consumer electronics by application is likely to witness rapid growth in the global market. Growth of the aerospace and defense industries is related to demand for specialized equipment, including CMOS image sensors.

CAGR of the Consumer Electronics Industry was around 7.9% from 2017 to 2021. It is predicted to expand by 7.2% CAGR from 2024 to 2032.

Competitive Landscape

Due to severe competition and development of new technologies by numerous top brands, the worldwide CMOS image sensors market is extremely competitive. Importance of brand identity plays a crucial role in the market that is under investigation. Due to their strong brand equity, established players have an advantage over the tough competition.

A few recent developments in the CMOS image sensor market are:

• In December 2021, SPAD sensor with a 3.2-megapixel count was developed by Canon. It has the capability to work in dark environments with low-light imaging capability. Due to the method used to monitor accumulated light in CMOS sensors, readout of the collected electronic charge contains electronic noise. It reduces the quality of the images. In contrast, noise has no effect on the readout of light as electrical impulses using SPAD sensors. It makes it possible to record crisp images of objects that are free of signal noise. It also offers benefits, including increased sensitivity during picture capture and very accurate distance estimation.
• In September 2021, Toshiba Corporation introduced USB3 Camera BU Series, namely, BU2006MG and BU2006MCF. An integrated CMOS camera with a USB 3.1 Gen1 (USB 3.0) interface is part of the BU2006M Series. The USB 3.1 Gen1 interface standard is used for video output and camera control. It has a high transmission rate and is simple to integrate into industrial equipment.

Scope of the Report

CMOS Image Sensor Market Outlook by Category

By Technology

• Front Side Illuminator
• Back Side Illuminator

By Application

• Consumer Electronics
• Automobiles
• Industrial
• Aerospace
• Defense
• Surveillance
• Healthcare

By Region

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East and Africa

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