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Global CMOS Image Sensors Market 2020-2024 | Technological Advances in CMOS Image Sensors to Boost Growth | Technavio

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The global CMOS image sensors market size is expected to grow by USD
10.15 billion during the period 2020-2024, according to the latest
market research report by Technavio. Request
a free sample report

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Technavio announced its latest market research report titled global CMOS image sensors market 2020-2 ...

Technavio announced its latest market research report titled global CMOS image sensors market 2020-2024. (Graphic: Business Wire)

Increasing focus on improving productivity and minimizing cost has led
to the increasing adoption of automation in industries. This is expected
to drive the implementation of CMOS image sensors across discrete and
process industrial applications. CMOS image sensors are increasingly
being used in industrial robots, UAVs, and drones to conduct real-time
analysis of drone flight environments while detecting, classifying, and
tracking objects. Also, CMOS image sensors are increasingly being
integrated with surveillance cameras to enhance their image-based
inspection. This has driven their adoption in machine vision systems
across various manufacturing industries. Also, vendors are shifting
toward the adoption of CMOS image sensors as they are more
cost-effective than CCD image sensors and consume less power than CCD
image sensors. All these factors are expected to drive market growth
during the forecast period.

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research, download a free sample:
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As per Technavio, technological advances in CMOS image sensors will have
a positive impact on the market and contribute to its growth
significantly over the forecast period. This research report also
analyzes other significant trends and market drivers that will affect
market growth over 2020-2024.

Global CMOS Image Sensors Market: Technological
Advances in CMOS Image Sensors

Vendors in the market are seeking new architectures and prototypes to
decrease the pixel size and enhance the electro-optical performance.
Smaller pixels in CMOS image sensors result in higher resolution, lower
power consumption, and lower costs. CMOS image sensor manufacturers are
also working on the development of image sensor prototypes that will
integrate the capabilities and features of CMOS and CCD image sensors.
Furthermore, the emergence of 3D-stacked image sensors is also expected
to drive market growth. These sensors enable flexible manufacturing
options and facilitate optimization for each die in the 3D stack to
offer a decreasing form factor. Thus, technological advances in CMOS
image sensors are expected to drive market growth during the forecast
period.

“Popularity of social media applications, the advent of multiple-lens
cameras in smartphones, and rising number of strategic partnerships will
boost the CMOS image sensors market growth during the forecast period,”
says a senior analyst at Technavio.

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Global CMOS Image Sensors Market: Segmentation
Analysis

This market report segments the global
CMOS image sensors market
by application (consumer electronics,
automotive, security and surveillance, industrial, and others) and
geography (APAC, Europe, MEA, North America, and South America).

APAC led the CMOS image sensors market share in 2019, followed by North
America, Europe, South America, and MEA. The CMOS image sensors market
growth can be attributed to the rising demand for CMOS image sensors
from the automotive sector, increasing adoption of mobile computing
devices, and rising implementation of autonomous technologies in the
industrial sector.

Technavio’s sample reports are free of charge and contain multiple
sections of the report, such as the market size and forecast, drivers,
challenges, trends, and more.
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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Customer Landscape

Geographical Segmentation

  • Geographic comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Landscape disruption
  • Competitive scenario

Vendor Analysis

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors

About Technavio

Technavio is a leading global technology research and advisory company.
Their research and analysis focus on emerging market trends and provides
actionable insights to help businesses identify market opportunities and
develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists
of more than 17,000 reports and counting, covering 800 technologies,
spanning across 50 countries. Their client base consists of enterprises
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growing client base relies on Technavio’s comprehensive coverage,
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competitive positions within changing market scenarios.