Nov 10 2008
Growth in the short term will continue to stem from expanding applications in consumer electronics such as Camcorders, Security Cameras, PC Cameras and Portable Communication Devices, and industrial and business applications, such as, Biometrics, Medical, Machine Vision Systems, Broadcasting, and Film Camera, among others. Effervescent developments in digital imaging and high-sensitivity image sensor technologies are expected to benefit the market at large, especially so in the developing countries. For instance, cutting edge developments in charge-coupled device (CCD) sensors will help strengthen the product's stronghold in high-end industrial, medical, and scientific imaging applications.
Although expected to bear the brunt of the eclipsing popularity of CMOS sensors, use of CCD sensors in medical, scientific and industrial cameras is expected to continue unchallenged. For instance, X-ray crystallography (backed by proteomics boom) demands large pixel devices with high dynamic range, which is offered by only CCD sensors. Complimentary Metal Oxide Semiconductor (CMOS) sensors are expected to find lucrative market opportunities in the video-enabled cell-phone end-use market. The waxing demand for high quality resolution images in most end-use applications is expected to help high-end image sensors score considerable gains in the marketplace.
As stated by the recent report published by Global Industry Analysts, Inc., world image sensors market is dominated by Asia-Pacific, Japan, and United States collectively accounting for 79.5% share as estimated in the year 2008. Japanese market for image sensors is expected to rise by about US$695 million during the period 2008 to 2012. Advancements in automotive electronics, and stringent safety regulations are resulting in increased demand for angular-rate sensors, occupancy seat sensors, cruise control sensors, lane deviation systems, and rear-view cameras. This, thereby, is forecast to translate into robust business opportunities for image sensors. Strong growth is expected to stem from the Asia-Pacific and Latin America, each projected to grow at CAGRs in excess of 10% over the period 2011 through 2015.
Dislodged by the cannibalizing popularity of CMOS image sensors in consumer electronics and mobile applications, the world CCD image sensors market is projected to witness declining demand, with the market value expected to deteriorate by US$369.9 million between the period 2008 to 2012. Japan and Asia-Pacific are expected to witness the steepest fall in sales during the aforementioned period. Growth in the world market is fashioned by the CMOS image sensors market, which is projected to witness strong double-digit growth rates. Global sales in this market are expected to rise by a whopping US$4,297 million between the period 2008 to 2012. In Europe, France and Germany, together, collar over 54.2% of the image sensors market as estimated in 2008. Increased competition from China and Taiwan is resulting in falling average prices of image sensors. Adroit utilization of fully depreciated fab lines for manufacturing image sensors is enabling Asian players to offer products at competitive prices to Original Equipment Manufacturers (OEMs).
Leading global and regional players operating in the industry include Canon Inc., DALSA Corporation, Eastman Kodak Company, FujiFilm Corporation, MagnaChip Semiconductor, Panasonic Corporation, Micron Technology Inc., Mitsubishi Electric Corporation, OmniVision Technologies Inc., PixArt Imaging Inc., Samsung Electronics Co. Ltd, Sanyo Electric Co. Ltd, Sharp Corporation, Sharp Microelectronics of the Americas, Sony Corporation, ST Microelectronics, and Toshiba Corporation, among others.
The report, titled "Image Sensors: A Global Strategic Business Report" published by Global Industry Analysts, Inc., provides a comprehensive review of market trends, drivers, issues, and challenges. Richly annotated with authoritative, and unbiased commentaries, and hard-to-find statistical facts, the report provides unequivocal views on future potential while throwing light on the prevailing climate in key regional markets. Product markets analyzed in the report include CCD Image Sensors, and CMOS Image Sensors. Latent demand patterns in product markets are quantified across major geographic market verticals including the United States, Canada, Japan, France, Germany, United Kingdom, Italy, Asia-Pacific, and Latin America, among others. Also provided in the report is an enumeration of recent mergers, acquisitions, and other strategic industry activities.
For more details about this research report, please visit http://www.strategyr.com/Image_Sensors_Market_Report.asp