Advertise with us
[April 14, 2014]
CMOS Image Sensors Market By Application (Automotive, Consumer Electronics, Defense & Aerospace, Industrial, Medical) Expected to Reach USD 10,172 Million by 2020
(PR Web Via Acquire Media NewsEdge) San Francisco, California (PRWEB) April 14, 2014 The global CMOS image sensors market is expected to reach USD 10,172 million by 2020, according to a new study by Grand View Research, Inc. Increasing proliferation of smartphones, which are equipped with primary as well as secondary cameras, is expected to favorably impact industry growth. Growing demand in consumer electronics such as digital cameras is also expected to drive the market over the forecast period.
Growth in application markets, especially medical and automotive industries is expected to have a positive impact on CMOS images sensor demand over the next six years. Furthermore, decreasing prices and the development of Backside Illumination (BSI) technology is expected to enhance market penetration. Large number of benefits offered by CMOS image sensors over CCD counterparts is also expected to be a key factor for increased adoption.
The report "CMOS Image Sensors Market Analysis And Segment Forecasts To 2020" is available now to Grand View Research customers at
Inquiry Before Buying at
Further Key findings from the study suggest: • Global CMOS image sensors market volume was estimated at 1,601.8 million units in 2013, and is expected to reach 2,643.4 million units by 2020, growing at a CAGR of 7.5% from 2014 to 2020.
• Consumer electronics is expected to remain the largest application area over the forecast period, both in terms of volume as well as revenue. It accounted for majority of the overall volume share and over half of the revenue generated in 2013. This can be attributed to increasing demand for digital cameras such as DSLRs and applications including video calling. Medical applications is expected to be the fastest growing market for CMOS sensors, at an estimated CAGR of 9.9% from 2014 to 2020. Advancements in healthcare and need for minimally invasive procedures including endoscopy are expected to contribute significantly to overall shipments over the forecast period.
• North America accounted for 35.2% of the market revenue in 2013, with replacement demand acting as the key growth factor. Asia Pacific is expected to be the largest and fastest growing application during the forecast period, at an estimated CAGR of 6.6% in terms of revenue from 2014 to 2020, mainly due to presence of first-time buyers and high demand for digital cameras.
• Companies operating in the market include Aptina Imaging, Sony Corporation, OmniVision, STMicroelectronics, Samsung Electronics and Canon Inc. among others. The industry is moderately concentrated, and industry participants employ product innovation and development order to gain market share. Request Sample of This Report at
. For the purpose of this study, Grand View Research has segmented the global CMOS image sensors market on the basis of application and region: • CMOS Image Sensors Application Outlook (Volume, Million Units and Revenue, USD Million; 2012 – 2020) • Automotive • Consumer Electronics • Defense & Aerospace • Industrial • Medical • Surveillance • Others • CMOS Image Sensors Regional Outlook (Volume, Million Units and Revenue, USD Million; 2012 – 2020) • North America • Europe • Asia Pacific • RoW Latest Market Reports Published by Grand View Research: Bioinformatics Market Analysis And Segment Forecasts To 2020 (
) The global market for bioinformatics is expected to reach USD 12.48 billion by 2020, according to a new study by Grand View Research, Inc. Rapidly declining prices of DNA sequencing, growing adoption rates of bioinformatics as a cost effective tool for database management during clinical trials, increasing government initiatives encouraging the use of bioinformatics in drug discovery and the use of bioinformatics tools in emerging fields such as chemogenomics are some of the factors expected to drive market growth over the next six years. In addition, the introduction of advance technologies such as nanopore and cloud computing are expected to serve this market as future growth opportunities.
Bitumen Market Analysis And Segment Forecasts To 2020 (
) The global market for bitumen is expected to reach USD 95.77 billion by 2020, according to a new study by Grand View Research, Inc. Bitumen is primarily used in road construction activities and increased road development in high growth markets of India, China and Brazil is expected to be a key driver for the growth of the market.Roadway constructions were the major consumers of bitumen in 2013, accounting for over 80 million tons of global consumption. Other key applications include waterproofing, insulation and adhesives.
About Grand View Research Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit
Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc Phone: 1-415-349-0058 Toll Free: 1-888-202-9519 Read the full story at
(c) 2014 PRWEB.COM Newswire
Back To NFVZone's Homepage