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CMOS Camera Market is Expected to Surpass US$ 10.2 Billion by 2029 | Report by Future Market Insights, Inc.
The CMOS Camera Market is expected to reach a value of US$ 5 Billion in 2022 and expected to surpass US$ 10.2 Billion by 2029, registering 10.7% CAGR between 2022 - 2029.Over the last several years, imaging systems for security applications have grown significantly. Large, high-cost, and inefficient cameras mostly used for specific military and government applications have been replaced by compact, low-cost, low-power smart camera systems, becoming available not only for military and government purposes, but also for expanding civilian security applications.
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Key Takeaways of CMOS Camera Market Study
North America is expected to hold a significant share in the global CMOS camera market during the forecast period.
Low-light CMOS cameras are likely to capture a leading share in the global CMOS camera market among all camera types, as these cameras are widely used for video detection and monitoring systems.
By pixel density (megapixels), less than 5MP is anticipated to retain its significant share in the global CMOS camera market over the coming decade, as this pixel density has high growth opportunities in the automotive industry.
The consumer electronics industry is witnessing top-line growth all over the world. However, security & surveillance is estimated to continue to hold significant market share in the global CMOS camera market during the forecast period.
Increasing Demand for Machine Vision to Propel Sales
Growth in machine vision adoption, with the convergence of advanced imaging analysis, robotics, and machine learning, is leading to new creative and never-before-seen solutions for industrial vision applications. Machine vision cameras will remain critical to the development of next-level solutions in a variety of growing global markets. Moreover, CMOS cameras have taken over a majority of the machine vision market. CMOS chips yield higher quantum efficiency, and are expected to drive the growth of the global CMOS camera market, as they are used for near infrared (NIR), scientific, and life science applications.
More Valuable Insights on CMOS Camera Market
Future Market Insights offers an unbiased analysis of the global CMOS camera market, providing historical data of 2014-2021 and forecast statistics for 2022-2029. To understand the opportunities in the CMOS camera market, the market is segmented on the basis of camera type, professional services, pixel density (megapixels), and application, across seven major regions.
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CMOS CAMERA MARKET TAXONOMY
The global CMOS camera market is segmented in detail to cover every aspect of the market, and present a complete market intelligence approach to the readers.
Camera Type
Stereo Vision CMOS Cameras
Low-light CMOC Cameras
Low-noise CMOS Cameras
HD CMOS Cameras
Ultra-HD CMOS Cameras
Professional Services
Imaging Consultancy Services
Camera Integration Services
Support & Maintenance Services
Pixel Density (Megapixels)
Less Than 5MP
5-10MP
10-20MP
More Than 20MP
Application
Aerospace & Defense
Automotive & Transportation
Medical Devices
Consumer Electronics
Industrial
Security & Surveillance
Others
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Region
North America
Latin America
Western Europe
Eastern Europe
Asia Pacific Excluding Japan
Japan
Middle East & Africa
GCC Countries
Emerging Countries
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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 7-years.
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Table of Contents:
Table of Contents
1 Study Coverage
1.1…