Market Research Report
Low-Light Imaging Market by Technology (CCD, and CMOS), Application (Photography, Monitoring, Inspection & Detection, and Security & Surveillance), Vertical (Consumer Electronics, Automotive), and Geography - Global Forecast to 2024
|Published by||MarketsandMarkets||Product code||898101|
|Published||Content info||122 Pages
Delivery time: 1-2 business days
|Low-Light Imaging Market by Technology (CCD, and CMOS), Application (Photography, Monitoring, Inspection & Detection, and Security & Surveillance), Vertical (Consumer Electronics, Automotive), and Geography - Global Forecast to 2024|
|Published: July 25, 2019||Content info: 122 Pages||
"Increasing penetration of low-light image sensing technology in smartphones and the growing popularity of CMOS technology drives market growth"
The low-light imaging market is expected to grow at a CAGR of 12.8% from 2019 to 2024, to reach USD 18.4 billion by 2024 from USD 10.0 billion in 2019. Increasing penetration of low-light image sensors in smartphones and the growing popularity of CMOS technology are among the key driving factors for the low-light imaging market. However, the high manufacturing cost of low light imaging sensors is hindering the growth of the low-light imaging market.
The low-light imaging market, by application, is segmented into security & surveillance; monitoring, inspection & detection; and photography. The low-light imaging market for photography application is expected to hold a dominant position throughout the forecast period. The high demand for low-light image sensors from the consumer electronics vertical, especially for smartphones, has resulted in the leading position of the photography application in the low-light imaging market.
The low-light imaging market for automotive vertical is expected to witness significant growth during the forecast period. Rising demand for automotive ADAS is one of the main factors boosting the growth of the low-light imaging market for the automotive vertical. Europe and APAC are the major regions generating demand in the low-light imaging market for automotive vertical.
In terms of market size, APAC is expected to dominate the low-light imaging market during the forecast period and is likely to witness significant growth in the said market during the forecast period. The consumer electronics industry is the major demand generator for low-light imaging sensors and related solutions in this region. This is due to the presence of manufacturing units of several leading mobile phone, PC tablet, and digital camera manufacturers in the region.
In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted with key officials in the low-light imaging market.
Following is the breakup of the profiles of primary participants for the report.
The report profiles key players in the low-light imaging market and analyzes their market rankings. Players profiled in this report are Sony (Japan), Samsung Electronics (South Korea), ON Semiconductor (US), Panasonic (Japan), STMicroelectronics (Switzerland), Teledyne Technologies (US), PixArt Imaging (Taiwan), Hamamatsu Photonics K.K. (Japan), Fairchild Imaging (BAE Systems Imaging Solutions) (US), Sharp (Japan), PHOTONIS (France), ams (Austria), GalaxyCore (China), Canon (Japan), Himax Technologies (Taiwan), Gigajot Technology (US), PIXELPLUS (South Korea), Light (US), and Corephotonics (Israel).
This report segments the low-light imaging market by technology, application, vertical, and geography. The report also describes major drivers, restraints, challenges, and opportunities pertaining to this market, as well as includes the value chain and market ranking analysis.
The report will help leaders/new entrants in the low-light imaging market in the following ways:
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View)*
Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View might not be captured in case of unlisted companies.