Asia-Pacific Image Sensors Market

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Introduction • Asia-Pacific Image Sensors Market is expected to garner $20,995 million by 2022 • Image sensor is a device that detects optical image presented by a lens, which converts this information through electrical signals. It is used in devices such as in digital cameras and varied camera modules • Complementary metal oxide semiconductor (CMOS) technology has led to a paradigm shift in the industry for designing advanced image sensors due to its enhanced efficiency, thereby driving the Asia-Pacific image sensors market growth • CMOS image sensor segment is expected to dominate this market from 2015 and 2022 • In the year 2015, China accounted for 28% share of the market, and is anticipated to continue its dominance.
Key Factors of the Market • Increase in proliferation of smartphones, rise in investment in automotive sector by automotive companies and growth in demand for security & surveillance in public places are the major factors that drive the market growth • In addition, government rule on implementation of driver assistance system on vehicles and increase in adoption of BSI technology are expected to boost the growth of the market • Growth in demand for high-resolution camera-enabled smartphones and increase in investment into production of CMOS sensors by major players are anticipated to supplement the growth of CMOS image sensor market • Moreover, CMOS image sensors are widely adopted by camera manufactures over the CCD image sensors due to key features such as low power consumption and faster readout
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