Low-Light Imaging Market

Low Light Imaging Industry Worth $19.9 billion by 2027

The report "Low Light Imaging Market by Technology (CMOS and CCD), Application (Photography, Monitoring, Inspection & Detection, and Security & Surveillance), Vertical (Automotive, Consumer Electronics, Medical & Lifesciences) and Region - Global Forecast to 2027" The global low light imaging market size is expected to grow from USD 12.1 billion in 2022 to USD 19.9 billion by 2027, at a CAGR of 10.4% during the forecasted period. One of the major drivers for the growth of low light imaging market include growing use of low light image sensors in advanced medical imaging applications. However, declining demand for digital still cameras is one of the major restraints of the low light imaging market.

Browse 154 market data Tables and 52 Figures spread through 215 Pages and in-depth TOC on "Low Light Imaging Market by Technology (CMOS and CCD), Application (Photography, Monitoring, Inspection & Detection, and Security & Surveillance), Vertical (Automotive, Consumer Electronics, Medical & Lifesciences) and Region - Global Forecast to 2027"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/low-light-imaging-market-24403099.html

The low light imaging market dominated by the major Tier I suppliers like Sony Group (Japan), Samsung Electronics Co., Ltd. (South Korea), STMicroelectronics N.V. (Switzerland), and Hamamatsu Photonics K.K. (Japan). These suppliers have their manufacturing facilities spread across various countries across Asia Pacific, Europe, North America, South America, and Rest of the World.

CMOS technology is expected to be emerged as the fastest growing segment in low light imaging market during the forecasted period

Advancements in CMOS image sensor technology have improved the performance of image sensors, which has increased the penetration of CMOS technology in consumer electronics. Low prices of CMOS sensors and enhanced performance have boosted the market for CMOS technology. In addition, companies operating in the low light imaging market are releasing different types of CMOS image sensors not only to meet the growing demand but also to stay ahead of the competition. Sony Group, Samsung Electronics Co., Ltd. (Japan), OMNIVISION (US), STMicroelectronics (Switzerland), ON Semiconductor Corporation (US), Panasonic Corporation (Japan), and Canon Inc. (US) are some key players that offer CMOS image sensors.

Monitoring, inspection & detection is expected to be emerged as the fastest growing application in low light imaging market during the forecasted period

In the medical and life sciences vertical, endoscopes and catheters are the most common devices in which low light imaging cameras are used for monitoring, inspection, and detection application. Moreover, rising demand for low light imaging cameras and growing adoption of LiDAR technology in the automotive industry are some of the major factors to boost the growth of the low light imaging market for the monitoring, inspection, and detection application.

Automotive is expected to be emerged as the fastest growing segment in low light imaging market during the forecast period

Rising trends of adoption of advanced driver assistance systems and park assistance systems for various functions/applications such as adaptive cruise control, automatic high beam control, traffic sign recognition, lane keep systems, and forward-collision warning is expected to provide an opportunity for the automotive camera market. Sony Group, Samsung Electronics Co., Ltd., OMNIVISION, STMicroelectronics, ON Semiconductor Corporation, Panasonic Corporation, and PixArt Imaging Inc. are some key players that offer low light image sensors for automotive applications. In May 2022, OMNIVISION partnered with Valens Semiconductor to bring to market a MIPI A‑PHY-compliant camera solution for the automotive industry. These product launches is expected to boost the adoption of low light imaging market for automotive industry.

North America is likely to be emerge as the second fastest growing region during forecasted period

The US and Mexico are the key countries in this region that are driving the growth of the low-light imaging market. The increasing demand for image sensors for consumer electronics, industrial, automotive, healthcare, and security & surveillance applications is expected to support market growth in North America. North America presents lucrative opportunities for market growth as there is constant progress in image sensor technology in the region. OMNIVISION Technologies (US), ON Semiconductor (US), Teledyne Technologies (US), are a few of the major market players based in North America.

Sony Group (Japan), Samsung Electronics Co., Ltd. (South Korea), OMNIVISION Technologies (US), STMicroelectronics N.V. (Switzerland), ON Semiconductor Corporation (US), Panasonic Holdings Corporation (Japan), Canon Inc. (Japan), PixArt Imaging Inc. (Taiwan), Hamamatsu Photonics K.K. (Japan), and Teledyne Technologies Incorporated (US) are few major players in the low light imaging market.

Don’t miss out on business opportunities in Low Light Imaging Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ’GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on TwitterLinkedIn and Facebook.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

Low Light Imaging Market Size,  Share & Growth Report
Report Code
SE 7246
PR Published ON
11/23/2022
Choose License Type
BUY NOW
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Low Light Imaging Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
CUSTOMIZED WORKSHOP REQUEST
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2022 MarketsandMarkets Research Private Ltd. All rights reserved
DMCA.com Protection Status
...

Digital Virtual Assistant - MarketsandMarkets

Home