Sarasota, FL -- (SBWIRE) -- 07/26/2018 -- Zion Market Research has published a new report titled "Image Sensor Market by Technology (CMOS Image Sensor, CCD Image Sensor and Hybrid Image Sensor) for Aerospace, Automotive, Consumer Electronics, Healthcare, Industrial, Entertainment, Security & Surveillance and Other Applications: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2016-2022''. According to the report, global image sensor market was valued at around USD 11.43 billion in 2016 and is expected to reach approximately USD 20.81 billion in 2022, growing at a CAGR of slightly above 10.5% between 2017 and 2022.

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Image sensors are mainly used in digital cameras and in a large number of imaging devices used in industrial, media, medical, and consumer applications. Growing demand for cameras, smartphones, and security cameras the image sensors market is experiencing significant growth. Furthermore, growing competition between established charge-coupled device (CCD) image sensors and the new complementary metal oxide semiconductor (CMOS) image sensors is impelling growth of this industry. With CMOS image sensors improving gradually and moving toward higher-level performance with better integration capabilities and cost advantages. The main difference between the two types of sensors is that Pixels in a CCD image sensor capture the light and move it to the edge of the chip where it is converted into a digital signal. In contrast, pixels in a CMOS sensor capture light and directly convert it into a digital signal. Uptake of CMOS image sensors in automotive and consumer electronics devices is anticipated to be growth drivers for the CMOS image sensor market. However, declining growth of still cameras and high manufacturing cost of image sensors are restraining the growth of this market. Nonetheless, increasing application of these sensors in gesture recognition devices, self-driving car and in body worn camera application will give momentum to the image sensor market during the forecast period.

The report covers forecast and analysis for the image sensor market on a global and regional level. The study provides historic data of 2014-2016 along with a forecast from 2017 to 2022 based on revenue (USD Billion). The study includes drivers and restraints for the image sensor market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the image sensor market on a global level.

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This report offers comprehensive coverage on global image sensor market along with, market trends, drivers, and restraints of the image sensor market. This report included a detailed competitive scenario and product portfolio of key vendors. To understand the competitive landscape in the market, an analysis of Porter's five forces model for the image sensor market has also been included. The study encompasses a market attractiveness analysis, wherein all segments are benchmarked based on their market size, growth rate, and general attractiveness. This report is prepared using data sourced from in-house databases, secondary and primary research team of industry experts.

Geographically, Asia Pacific is the leading regional market for image sensor market and is projected to record the highest revenue generation for the global market over the forecast period. The extensive usage of electronic devices and increasing expenditure is boosting this market in this region. However, North America is a second highest market for image sensor due to increase application of different image sensor in consumer electronics, automotive and other industries. Rising competition between manufacturers in Latin America is expected considerable growth in this region. Competition in the image sensors market is high, with manufacturers striving to outperform their rivals with respect to pixel size, pixel count, resolution, and performance.

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The major players operating in data center security market are ABB Ltd, Vishay Intertechnology, Inc, Delphi Automotive LLP, Honeywell International, Inc, Raytek Corporation, Meggitt Sensing Systems, Analog Devices Inc., Infineon Technologies AG, Motorola Solutions, Inc., Robert Bosch GmBH, and Siemens AG, among others.