Organic CMOS image sensor market is expected to value at $696.0 million in 2020 and is projected to reach $1,750.0 million by 2025, registering a CAGR of 20.9% from 2021 to 2025.
The organic CMOS image sensor market is segmented based on image processing, array type, industry verticals, application, and region. Based on image processing, the market is divided into a 2D sensor and 3D sensor. By array type, it is classified into linear image sensor and area image sensor. Based on industry verticals, it is further divided into consumer electronics, automotive, medical & life sciences, security & surveillance, robotics, and others. The applications discussed in this study are 3D Imaging, Video, Machine vision, Biometrics, and others. Based on the region, the market is analyzed across North America, Europe, Asiaâ€Pacific, and LAMEA.
Top factors
Better performance in low light and temperature variations, the introduction of technologies such as 8K resolution and global shutter technology and lag in available technologies, draining of battery quickly as compared to the available image sensors affect the growth of the global organic CMOS image sensor market. These factors are anticipated to either drive or hamper market growth.
At present, North America dominates the market, followed by Europe. In 2020, the U.S dominated the North America market and the rest of Europe led the overall market in Europe. However, in North America, the U.S. currently dominates the market.
The high photoelectric conversion property, better low-light performance, and richer colors & textures drive of the organic CMOS image sensor make way for the growth of the market. In addition, the introduction of technologies such as 8K resolution and global shutter technology also contribute to the market growth. However, excessive generation of heat in the organic sensor technology hampers this stated growth.
Key findings of the organic CMOS image sensor market:
- The linear image sensors segment generated the highest revenue in the global organic CMOS image sensor market in 2020.
- In 2020, the 2D Sensors segment was the highest revenue contributor in the image processing segment.
- Asia Pacific is anticipated to exhibit the highest CAGR during the forecast period.
- In 2020, North America contributed the highest market share, followed by Europe, Asia Pacific, and LAMEA.
The key players profiled in the report include Fujifilm Corporation, Panasonic Corporation, Sony Corporation, Samsung Electronics, Siemens AG, NikkoIA SAS, Xenics NV, AMS AG, Canon, and OmniVision Technologies, Inc..
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