Pune, India -- (SBWIRE) -- 02/20/2018 -- Electronic Shutter Technology Global Market - Overview

The global electronic shutter technology market is showing immense growth; mainly due to the increase in demand for smartphones, tablets, and cameras. Electronic shutters have evolved from manual shutters which included leaf and focal plane shutters. Many of the cameras which are being launched recently have built-in electronic shutters. Increasing demand for electronic shutters is being fuelled by the live video capturing. Growing need for sensors in biometric systems are further fuelling the growth of Electronic Shutter Technology Market.
Technological advancements have played a major role in the development of electronic shutter technology. Steep increase in the adoption of electronic shutter technology in smartphones, tablets, and notebooks is one major factor driving the growth of electronic shutter technology market. Sony Corporation, Himax Imaging Inc., Galaxy Core Inc., SK Hynix Inc., Omni Vision Technologies Inc., and Samsung Semiconductor, Inc. are the major investors in the electronic shutter technology market.

Based on technology, CMOS sensors is expected to hold the largest share of the electronic shutter technology during the forecast period. The growth of CMOS sensor is followed by CCD sensor in terms of total market share. This is owing to the increasing demand for smartphones, tablets, and notebooks which possess high implementation of electronic shutter technology. According to a recent study report published by Market Research Future, the global market of electronic shutter technology is booming and expected to gain prominence over the forecast period. The market is projected to demonstrate a spectacular growth by 2023 with a striking CAGR during the anticipated period (2017 – 2023).

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Key Players:

Some of the major players in Global Electronic Shutter Technology Market include Sony Corporation (Japan), Himax Imaging Inc. (Taiwan), Galaxy Core Inc. (China), SK Hynix Inc. (South Korea), Omni Vision Technologies Inc. (U.S.), Samsung Semiconductor, Inc. (U.S.), Toshiba corporation (Japan), Canon Inc. (Japan), Panasonic Corporation (Japan) and Apple (U.S.) among others.

Electronic Shutter Technology Global Market - Segmentation

The electronic shutter technology market can be classified into 3 key segments for the convenience of the report and enhanced understanding;
- Segmentation by Technology: Comprises of CMOS sensors, and CCD sensors among others
- Segmentation by Application: Comprises of Consumer Electronics, Broadcast, Automotive, Retail, Government, and Surveillance among others.
- Segmentation by Region: Comprises of Geographical regions - North America, Europe, Asia Pacific and Rest of the World.

Industry News

November 2017 – Leica CL has launched a 24.2-megapixel sensor, 49-point contrast autofocus and Maestro II series processor that's on the TL2. The CL 10 fps burst shooting speeds in both mechanical and electronic shutter modes, lets you capture around 33 RAW images before the buffer fills. The electronic shutter is good for street or golf photographers.

October 2017 – Sony a7R III has been launched which comes equipped with a new shutter mechanism should also help reduce vibration and is rated to a pro level 500,000 actuations. The 7R III has also been improved to yield better quality when using the full sensor. 1080p offers frame rates up to 120fps as well.

March 2017 – The Fujifilm X100F has been launched which includes a mechanical and electronic shutter. This feature can enable the use of very fast shutter speeds with the electronic shutter, which is useful when photographing at wide apertures in bright light. The Fujifilm X100F also is reasonably well at tracking a slow moving subject that is moving in a predictable pattern.

Electronic Shutter Technology Global Market - Regional Analysis

North America is expected to witness a significant growth and hold the largest market share during the forecast period. U.S and Canada are anticipated to drive the growth of the electronic shutter technology market in North America owing to the presence of a large number of established key players such as Omni Vision Technologies Inc., Samsung Semiconductor, Inc., and Apple (U.S.) among others. Also, U.S. is leading the market in North America due to the technological advancements and increasing demand for electronic shutters in the region. Electronic shutter technology market in Asia Pacific is expected to grow at a substantial CAGR during 2017 to 2023 due to rise in demand for smartphones, tablets and other consumer electronic devices in China, Japan, and India in the region. Also, the presence of established key players such as Sony Corporation, Himax Imaging Inc., Galaxy Core Inc., SK Hynix Inc., Toshiba Corporation, Canon Inc., and Panasonic Corporation (Japan) is responsible for fuelling the growth of electronic shutter technology market. Whereas, the Europe market for electronic shutter technology is expected to grow at a considerable CAGR (2017-2023).

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Electronic Shutter Technology Global Market - Competitive Analysis

The market of electronic shutter technology appears to be highly competitive. To maintain their market position and to drive the market growth, various dynamic and diversified international organizations, domestic organizations and as well as new entrants form a competitive landscape. Market leaders are innovating continuously and increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio. Major players are investing on internal R&D and, most of all, in acquiring other firms.

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