Image sensors help convert optical images into electronic signals, and are used in numerous applications
such as consumer electronics, automotive, medical, defense and industrial among others. Chargecoupled device (CCD) and complementary metal-oxide semiconductor (CMOS) are the two main
technologies used for image sensors, particularly for devices like cameras. CMOS chips incorporate the
logic needed to produce an image, thus lowering the cost of the target device; they also consume lesser
power. Fabrication costs of CMOS sensors are further lowered since they can have processing circuits on
the same chip as opposed to CCD image sensors, which have them on separate chips. As a result, CMOS
image sensors are expected to witness growing demand, and account for over 95% of the global market
by the end of the forecast period.
Growing penetration of mobile phones and tablets is the key driving force for the market, since these
devices are equipped with cameras. Increased focus on safety has also propelled shipments of
surveillance cameras, which is expected to fuel market growth over the forecast period. Video
surveillance equipment has been witnessing significant adoption, since it helps identify unlawful
activities as well as contributes to public safety.
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The demand for medical treatment, particularly by the aged population in emerging countries, is on the
rise. Technological advancements have led to the advent of disposable endoscopes, 3D imaging and
single-photon sensing. X-ray applications accounted for a vast majority of the image sensors market in
the medical domain. CMOS sensors are expected to be used for less invasive devices, and sales of CMOS
flat panels are estimated to increase due to decreasing costs.
North America is expected to maintain constant growth rate over the next few years. Asia Pacific and...