Table of Contents
Historical Data, Premium Insights, Market Dynamic, Analysis and Projection, By Product, Analysis and Projection, By Application, Analysis and Projection, By End-Use, Analysis and Projection, By Regional Analysis, Competitive Landscape, Company Profiles, Market Revenue, Sale & Price Analysis
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According to a research report published by Spherical Insights & Consulting, The Global Automotive Grade Image Sensors Market Size is Expected to Grow from USD 1.65 Billion in 2023 to USD 4.76 Billion by 2033, Growing at a CAGR of 11.18% during the forecast period 2023-2033.
Browse 210 market data Tables and 45 Figures spread through 190 Pages and in-depth TOC on the Global Automotive Grade Image Sensors Market Size, Share, and COVID-19 Impact Analysis, By Technology (CMOS, CCD), By Application (Advanced Driver Assistance Systems (ADAS), Autonomous Vehicles, Parking Assistance, Night Vision, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, And Africa), Analysis And Forecast 2023 - 2033.
The worldwide automotive grade image sensors market refers to the business concerned with the development, production, and distribution of high-performance image sensors specifically designed for automotive applications. These sensors are an integral part of advanced driver-assistance systems (ADAS), autonomous driving, parking assistance, and other safety and infotainment features in vehicles. Moreover, due to its heavy reliance on high-quality image sensors, features including lane departure alerts, pedestrian recognition, and collision avoidance systems are driving market expansion. Further, strict safety regulations being enforced by governments and regulatory agencies drive the market growth. However, the market growth faces several obstacles, like high initial costs, uncertainty regarding price ranges.
The CMOS segment held the highest share of the global automotive grade image sensors market in 2023 and is anticipated to grow at a significant CAGR over the forecast period.
On the basis of the technology, the global automotive grade image sensors market is classified into CMOS and CCD. Among these, the CMOS segment held the highest share of the global automotive grade image sensors market in 2023 and is anticipated to grow at a significant CAGR over the forecast period. This is because precise imaging in low light is critical, such as for parking assistance and night vision.
The night vision segment held a significant share of the global automotive grade image sensors market in 2023 and is anticipated to grow at a rapid pace over the forecast period.
On the basis of the application, the global automotive grade image sensors market is divided into advanced driver assistance systems (ADAS), autonomous vehicles, parking assistance, night vision, and others. Among these, the night vision segment held a significant share of the global automotive grade image sensors market in 2023 and is anticipated to grow at a rapid pace over the forecast period. This is because advanced image sensor technologies are necessary for driving visibility in low light, along with using infrared or thermal imaging. Night vision systems are very useful for increasing safety when driving at night and in bad weather circumstances, which propels segment growth.
Asia Pacific is projected to hold the largest share of the global automotive grade image sensors market over the forecast period.
Asia Pacific is expected to hold the greatest share of the global automotive grade image sensors market over the forecast period. The regional market is propelling due to the extensive automotive production base and quick adoption of cutting-edge automotive technology, government campaigns to boost smart transportation networks, and electric vehicles. Moreover, leading countries in automotive innovation include China, Japan, and South Korea, which have made significant expenditures in R&D that drive the market growth.
Europe is anticipated to grow at the fastest CAGR of the global automotive grade image sensors market over the forecast period. The market expansion throughout the region is further driven by the presence of top automakers and technological innovators, along with strict safety laws. Further, key contributors to the expansion of the European market include nations like Germany, France, and the United Kingdom.
Company Profiling
Major vendors in the global automotive grade image sensors market are Sony Corporation, OmniVision Technologies, Inc., ON Semiconductor Corporation, Samsung Electronics Co., Ltd., STMicroelectronics N.V., Robert Bosch GmbH, Panasonic Corporation, Canon Inc., Toshiba Corporation, Teledyne Technologies Incorporated, NXP Semiconductors N.V., Aptina Imaging Corporation, Himax Technologies, Inc., Sharp Corporation, LG Innotek Co., Ltd., AMS AG, Analog Devices, Inc., Infineon Technologies AG, Texas Instruments Incorporated, Renesas Electronics Corporation, and others.
Key Target Audience
Recent Development
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global automotive grade image sensors market based on the below-mentioned segments:
Global Automotive Grade Image Sensors Market, By Technology
Global Automotive Grade Image Sensors Market, By Application
Global Automotive Grade Image Sensors Market, By Regional
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