Pune, India -- (SBWIRE) -- 12/11/2015 -- The report "Image Sensor Market by Type (CMOS, CCD, and Others), Specification, Application (Aerospace, Automotive, Consumer Electronics, Healthcare, Industrial, Entertainment, and Security & Surveillance), and Region - Global Forecast to 2020", market is estimated to reach USD 17.5 Billion by 2020, at a CAGR of 10.30% between 2015 and 2020.

Browse 70 tables and 85 figures spread through 168 pages and in-depth TOC on "Image Sensor Market - Global Forecast to 2020"

http://www.marketsandmarkets.com/Market-Reports/Image-Sensor-Semiconductor-Market-601.html

Early buyers will receive 10% customization on reports.

The advancement in image sensors has supported its implementation in various imaging devices such as digital cameras and camera modules for consumer electronics, medical imaging, and automotive sector. The two major types of image sensor technologies are CMOS and CCD.

The image sensor market is segmented on the basis of technology, specification, and application. On the basis of application, the market is segmented into aerospace, automotive, consumer electronics, healthcare, industrial, entertainment, security & surveillance, and others. The others application includes motion capture and barcode and document scanners. The automotive sector is expected to grow at a high CAGR of 15.91% between 2015 and 2020. The growing awareness among various regions regarding the driver assistance and safety offered by advanced driver assistance systems (ADAS) is driving the adoption of image sensors in the automotive sector. Consumer electronics held the major share of the image sensor market. The growing trend of dual camera mobile phones is expected to double the shipments of image sensors, thus driving the consumer electronics sector of the image sensor market.

The report includes a brief description of the factors driving and restraining the growth of the market as well as the opportunities and challenges. The factors driving the market include dual camera-enabled mobile phones, growing usage of webcams in tablets and laptops, ADAS and other advanced technologies in the automotive sector, and availability of low-cost CMOS image sensor. The declining demand of still camera and high maintenance cost of image sensors are the major restraining factors for the growth of the market. The diminishing CCD technology presents a major challenge for the OEMs of image sensor market.

Inquiry Before Buying @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=601

This report gives a detailed view of the market across the four major geographical regions, namely, North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW). Asia-Pacific dominated the image sensor market with the largest market share of ~37% in 2014; it is expected to grow at a high CAGR of 11.88% between 2015 and 2020. However, the markets for in North America and Europe are expected to grow at CAGR of 9.39% and 8.65%, respectively, between 2015 and 2020.

The major players involved in the development of the image sensor market include CMOSIS NV (Belgium), e2v technologies Inc. (U.K.), GalaxyCore Inc. (China), OmniVision technologies Inc. (U.S.), ON Semiconductor (U.S.), Panasonic Corporation (Japan), Samsung Electronics Co., Ltd. (South Korea), Sharp Corporation (Japan), SK Hynix Inc. (South Korea), Sony Corporation (Japan), Teledyne Technologies, Inc. (U.S.), and Toshiba Corporation (Japan).

About MarketsandMarkets
MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: sales@marketsandmarkets.com