The
image sensors market research report enumerates growth propellers,
restraints, trends and forecasts that will prove beneficial to both
new and established market participants. The market research report
offers a eagle’s view of the overall image sensors market in the
backdrop of the emergence of social networking sites, smartphones,
and smart digital cameras. The report offers a thorough analysis of
market figures on the global and regional level. The capacity and
structure of this industry is studied in detail in the image sensors
market research report.
Browse
the full Image Sensors Market report at
http://www.transparencymarketresearch.com/image-sensors-market.html
Our
analysts effectively employ Porter’s five forces analysis to study
the current and future position of buyers and suppliers, as well as
any impending threat from substitutes and competitors. To give you a
clearer view of the existing competitive landscape, we have included
a comprehensive Company Profiles section in this report. The Company
Profiles section offers information about the recent developments,
product portfolio, financial results, and a SWOT analysis of the
featured market players.
Overview
of the image sensors market
As
of 2012, the global image sensors market stood at USD 6,845 million
and the number of worldwide shipments were pegged at 1,469.5 million
units. The largest application area of image sensors is digital
cameras. But, with an unprecedented growth in smartphone shipments
globally, the use of image sensors in smartphone cameras is likely to
escalate.
However,
besides these predominant consumer applications, image sensors are
also used in industrial quality control applications to improve
product yield and spot defective units on the production line. The
use of image sensors in camcorders, biometrics, digital cameras,
virtual keyboards, video-conferencing applications, optical mice, and
so on has stoked their demand considerably. The demand for such
sensors has also seen an upward growth as economies emerge from the
recent global economic recession. Further, the innovative use of
image sensors in machine vision and image processing technologies
will bode well for this market.
In
the near future, the consumer electronics application segment is
expected to be the largest in the image sensors market, in terms of
both revenue and volume. It will account for about 50% of the entire
market. Other application areas that will catch on include: medical
devices and automotive. From the geographical region standpoint,
North America was the largest market for image sensors as of 2013.
But, with a health CAGR, the Asia Pacific market is estimated to grow
the fastest over the forecast period of this report, given the large
number of first-time buyers in emerging economies such as India and
China.
Innovation
and product development and upgrades, coupled with frequent new
product launches in the market will likely be the mantra for growth
for most leading market players in the coming years.
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the free sample report of Image Sensors Market at
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