CMOS Image Sensor Producers and CMOS Image Sensor Market Trend
In recent years, the CMOS image sensor industry, a vital component of the integrated circuit sector, has become a cornerstone technology in high-tech fields like machine vision, scientific instruments, and professional imaging. Furthermore, its applications extend to consumer electronics, security and surveillance, automotive electronics, and smart transportation systems. The development of this industry has now become a crucial indicator of a country's technological advancement.
From 2018 to 2023, the global CMOS image sensor market has witnessed remarkable growth, with its market size expanding from $15.5 billion to $25.3 billion, achieving a Compound Annual Growth Rate (CAGR) of 10.3%. Looking ahead, it is anticipated that by 2028, the global CMOS image sensor market will continue to grow, reaching an estimated market size of $31.5 billion. The projected CAGR from 2023 to 2028 is 4.5%.
The downstream application areas of CMOS image sensors are diverse, with a predominant share of 63% being attributed to smartphones. Computers follow closely at 10%, while security and surveillance systems, automotive electronics, and consumer electronics hold significant portions at 10%, 8%, and 5%, respectively. Industrial applications, although smaller, still constitute 3% of the market.
Notably, the global CMOS image sensor market has been dominated by four major players in recent years: Sony, Samsung, OmniVision, and STMicroelectronics. These key manufacturers collectively commanded over 80% of the global CMOS image sensor market share in 2022.
The remarkable growth of the CMOS image sensor industry underscores its critical role in various technological domains. As we move forward, it is expected to remain a driving force behind advancements in machine vision, scientific instruments, and a wide array of consumer and industrial applications, all while continuing to serve as a litmus test for a country's technological progress.