Press Release
Press Release
In the field of image sensors, medical diagnostics is becoming increasingly popular. The market for medical image sensors, which is driven by applications of image sensors in x-ray imaging and endoscopy, is expected to rise in response to the growing scope for diagnostics in the medical industry. Increasing the use of high-resolution cameras with image sensors in mobile devices will provide this market with significant growth potential throughout the forecast period. Quadruple, triple, and dual camera configurations are becoming more popular, which is driving market expansion. Additionally, the increasing usage of advanced driver assistance systems (ADAS) in vehicles may be contributing to market expansion. Due to increased spending on security and surveillance in public spaces across regions and rising disposable income in emerging and developing nations, the market is positioned for exceptional growth during the forecast period.
The presence of significant firms and their extensive customer base will contribute to significant revenue growth in the image sensors market. The IMX415 type 1/2.8 4K-resolution stacked CMOS image sensor and the IMX485 type 1/1.2 4K-resolution back-illuminated CMOS image sensor was unveiled by Sony Corporation (NYSE: SONY) in June 2019. Sony created these two new security camera sensors to address the rapidly growing need for security cameras in a variety of monitoring applications, such as disaster alert, anti-theft, and traffic monitoring systems or commercial complexes.
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The major players in the global image sensors industry are Sony Semiconductor Solutions Corporation, Samsung Electronics Co., Ltd., OmniVision Technologies, Inc., STMicroelectronics International N.V., Panasonic Corporation, and CMOS (Complementary Metal Oxide Semiconductor) Sensors Group, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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