2D Image Sensor Market Future Growth Opportunities 2023-2029 by Key Players | Sony , Samsung , OmniVision , On Semiconductor
Latest Study on Industrial Growth of 2D Image Sensor Market 2023-2029. A detailed study accumulated to offer Latest insights about acute features of the 2D Image Sensor Market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. The market includes news and updates about the market current situation, historic data, present market trends, and this factor which is valuable and supportive to the business. It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary and SWOT analysis. The report aims to supply a further illustration of the newest scenario, economic slowdown, and COVID-19 impact on the overall industry.
The 2D Image Sensor Market size is projected to reach USD 38.6 billion by 2028 from an estimated USD 26.1 billion in 2023, at a CAGR of 8.1% from 2023 to 2029. Growing adoption of ADAS in automobiles and rising demand for multiple cameras in mobile devices are among the factors driving the growth of the image sensor market.
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Key Players in This Report Include:
Sony, Samsung, OmniVision, On Semiconductor, Panasonic, Canon, SK Hynix, STMicroelectronics, Pixart Imaging, PixelPlus, Hamamatsu, ams, Himax, Teledyne, Sharp
Industry News:
Sony has acquired 14 companies, including 2 in the last 5 years. A total of 3 acquisitions came from private equity firms. It has also divested 8 assets.Sony’s largest acquisition to date was in 1989, when it acquired Columbia Pictures Entertainment for $3.4B. It’s largest disclosed sale occurred in 2013, when it sold Gracenote to Tribune Media for $170M. Sony has acquired in 3 different US states, and 7 countries. The Company’s most targeted sectors include media (24%) and internet software and services (16%).
Samsung Electronics has acquired 29 companies, including 3 in the last 5 years. A total of 4 acquisitions came from private equity firms. It has also divested 7 assets. Samsung Electronics’ largest acquisition to date was in 2016, when it acquired Harman International Industries for $8.0B. It’s largest disclosed sale occurred in 2016, when it sold Samsung Electronics – Printer Business to HP for $1.1B. Samsung Electronics has acquired in 7 different US states, and 9 countries. The Company’s most targeted sectors include internet software and services (29%) and software (18%).
OmniVision has acquired 3 companies. A total of 2 acquisitions came from private equity firms.OmniVision’s largest acquisition to date was in 2005, when it acquired CDM Optics for $30M. OmniVision has acquired in 2 different US states. The Company’s most targeted sectors include electronics (50%) and semiconductors (50%).
Panasonic has acquired 19 companies, including 4 in the last 5 years. A total of 8 acquisitions came from private equity firms. It has also divested 8 assets. Panasonic’s largest acquisition to date was in 2021, when it acquired Blue Yonder for $8.5B. It’s largest disclosed sale occurred in 2013, when it sold PHC Holdings to L Catterton Partners for $1.7B. Panasonic has acquired in 9 different US states, and 8 countries. The Company’s most targeted sectors include software (28%) and electronics (17%).
Canon has acquired 4 companies, including 2 in the last 5 years. Canon’s largest acquisition to date was in 2015, when it acquired Axis Communications AB for $2.8B. Canon has acquired in 2 different US states, and 3 countries. The Company’s most targeted sectors include semiconductors (50%) and technology hardware (50%).
STMicroelectronics has acquired 9 companies, including 1 in the last 5 years. A total of 1 acquisition came from private equity firms. It has also divested 1 asset. STMicroelectronics’ largest acquisition to date was in 2016, when it acquired ams AG – NFC and RFID Reader Assets for $79M. STMicroelectronics has acquired in 2 different US states, and 7 countries. The Company’s most targeted sectors include semiconductors (56%) and software (23%).
The 2D Image Sensor market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analysed study to help understand market, opportunities and upcoming challenges and about the competitors.
The 2D Image Sensor Market segments and Market Data Break Down are illuminated below
By Type:
CMOS
CCD
Others
By Application:
Aerospace, Defense, and Homeland Security
Automotive
Consumer Electronics
Medical and Lifesciences
Industrial
Commercial
The 2D Image Sensor market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to help the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.
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Following are the various regions covered by the 2D Image Sensor Market research report:
North America (the U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Russia, Spain, and Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, and Rest of APAC), South America (Brazil, Argentina, Columbia and Rest of Latin America), Middle East & Africa (Saudi Arabia, South Africa, Turkey, Nigeria, UAE and Rest of MEA)
North America is a major market for 2D image sensors, driven by the presence of several key manufacturers in the region. The demand for 2D image sensors in this region is primarily driven by applications in the automotive, consumer electronics, and healthcare sectors.
Europe is another significant market for 2D image sensors, with a focus on applications in the automotive and industrial sectors. The presence of several leading automotive manufacturers in the region has driven the demand for high-quality image sensors that can support advanced driver assistance systems (ADAS) and other safety features.
The Asia-Pacific region is the largest market for 2D image sensors, driven by the presence of several key electronics manufacturers in countries such as China, Japan, and South Korea. The demand for 2D image sensors in this region is primarily driven by applications in smartphones, tablets, and other consumer electronics devices.
Latin America is a relatively small market for 2D image sensors, but it is expected to experience significant growth in the coming years. The demand for these sensors in the region is primarily driven by applications in the automotive and industrial sectors, as well as the increasing adoption of smartphones and other consumer electronics devices.
Objectives of the Report
- To carefully analyses and forecast the size of the market by value and volume.
- To estimate the market shares of major segments of the 2D Image Sensor
- To showcase the development of the market in different parts of the world.
- To analyze and study micro-markets in terms of their contributions to the 2D Image Sensor market, their prospects, and individual growth trends.
- To offer precise and useful details about factors affecting the growth of the 2D Image Sensor
- To provide a meticulous assessment of crucial business strategies used by leading companies operating in the 2D Image Sensor market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.
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Key Points Covered in Market Report:
- Market Overview, Definition and Classification Market drivers and barriers
- Market Competition by Manufacturers
- Impact Analysis of COVID-19 on Market
- Market Capacity, Production, Revenue (Value) by region (2023-2029)
- 2D Image Sensor Supply (Production), Consumption, Export, Import by Region (2023-2029)
- 2D Image Sensor market Production, Revenue (Value), Price Trend by Type {Payment Gateway, Merchant Account, Subscription Management,}
- 2D Image Sensor Manufacturers Profiles/Analysis & Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
- Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry Road map and value chain Market Effect Factors Analysis.
Key questions answered
– How feasible is 2D Image Sensor market for long-term investment?
– What are influencing factors driving the demand for 2D Image Sensor near future?
– What is the impact analysis of various factors in the 2D Image Sensor market growth?
– What are the recent trends in the regional 2D Image Sensor market and how successful they are?
Robust demand for charge-coupled devices in the medical sector to favor market development
Image sensor market share from the charge-coupled device (CCD) technology segment is expected to reach 5 billion shipment units by 2032. There is a strong demand for high-resolution microscopes and imaging systems in the medical and life science sector. The ability of charge-coupled device image sensors to capture high-contrast images of the cells makes it suitable for application in the biopharmaceutical and life science sectors. The ongoing use of CCD image sensors in X-ray tomography systems to take pictures of soft tissue samples and bone structures would further boost segment growth.
Wide-ranging application of 2D image sensors to facilitate market progress
Image sensor market share from the 2D image processing segment registered over 4 billion shipment units in 2022. 2D processing image sensors are integrated into a variety of applications, including machine vision, medical, automation, and life sciences. These sensors have features like low noise and global shutter pixel technology to deliver low-light imaging in outdoor applications. Companies specializing in image sensors are developing new products that support 2D image processing and offer high efficiency.
Novel product launches in the consumer electronics sector to boost product uptake
Image sensors industry share from consumer electronics application segment is expected to record over 10% CAGR through 2023 and 2032. The development of smartphone cameras and the rising demand for high-resolution lenses for digital cameras are the key factors driving image sensor market growth. Companies like ams-OSRAM AG, Canon Inc., and Infineon Technologies AG are making noteworthy advancements in the terms of new product launches Take for instance, in February 2023, Canon launched mirrorless cameras, EOS R8 and R50 APS-C. These cameras are equipped with 24.2-megapixel sensors and are ideal for live streaming. The launch of such new products in the consumer electronics segment is expected to boost image sensors market growth in the coming years.
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