Image Sensors Market is segmented By Technology (CMOS Image Sensors, CCD Image Sensors), By Application (Consumer Electronics, Automotive, Medical, De....
Market Size in USD
CAGR6.7%
Study Period | 2024 - 2031 |
Base Year of Estimation | 2023 |
CAGR | 6.7% |
Market Concentration | High |
Major Players | Sony Group Corporation, Samsung Electronics Co. Ltd, OmniVision Technologies, Inc., STMicroelectronics NV, Canon Inc. |
The image sensors market is estimated to be valued at USD 28.54 Bn in 2024 and is expected to reach USD 45.01 Bn by 2031. It is expected to grow at a compound annual growth rate (CAGR) of 6.7% from 2024 to 2031. The image sensors market is expected to witness lucrative growth owing to rising demand of CMOS and CCD image sensors.