The Asia Pacific image sensors market is expected to increase to $5.01 billion by 2018 dominating the global Image Sensors Market with 38% market share and is expected to grow at a CAGR of 8.66%. The growing demand for camera enabled mobile phone, tablet and the need for high quality images is making the market to grow lucratively in this region. The Image Sensors are segmented into CMOS, CCD and others. The low cost and lesser power consumption of CMOS Sensor is making the market to grow.
Overall, image sensors have escalating applications in consumer electronics. Developments in digital imaging and high-sensitivity image sensor technologies are expected to contribute to market growth. The promising growth for this market is from automotive industry.
China, being a leading producer of consumer electronics and world’s largest automotive manufacturer leads the image sensors market in Asia Pacific region. Increasing measures towards safety regulations and adoption of ADAS are the key drivers which are making the China Image Sensors market to grow lucratively.
India Image Sensors market is expected to see remarkable growth with increase in automotive sales and ongoing technological developments in consumer electronics. India has witnessed high growth in adoption of high-end technology products such as tablet PCs and smartphones which make widespread use of touch and image sensors and are making the image sensors market to grow in the country.
In South Korea driver assistance systems are expected to become mandatory in coming years, therefore the market is estimated to grow with a promising growth rate in the next five years. Australia set a new record for vehicle sales in 2012, with the use of image sensors in automotive industry; the growth in automotive industry is making the image sensor market to further grow in the mere future. In addition, Use of image sensors in industries such as machine vision and radiography is also contributing for the growth. Adoption of ADAS is one of the big drivers behind the growth of image sensors in the automotive industry, which are making the Australia Image Sensors market to grow lucratively.
The Asia Pacific Image Sensors market is segmented on the basis of Type (CMOS Image Sensors, CCD Image Sensors and Others), Spectrum (IR Sensor, X Ray Sensor), Industry (Industrial, Security and Surveillance, Automotive and Transportation, Aerospace and Defense, Healthcare, Consumer Electronics and Others), and Geography (China, India, Japan, South Korea and Australia).
This report describes a detailed study of the Porter’s five forces analysis of the market. All the five major factors in these markets have been quantified using the internal key parameters governing each of them. It also covers the market landscape of these players which includes the key growth strategies, geographical footprint, and competition analysis.
Competitive Intelligence analysis in the form of Mergers & Acquisition activity, Collaborations, Agreements, New product launches along with the profiles of major players including Aptina Imaging Corporation (U.S.), Canon Inc. (Japan), Omnivision Technologies Inc. (U.S.), Samsung Electronics Co.Ltd., (South Korea), Sony Corporation (Japan), and a few others are available in detail in this report.
What the report offers
1. Market Definition for Asia Pacific Image Sensors Market along with identification of key drivers and restraints for the market.
2. Market analysis for the Asia Pacific Image Sensors Market, with region specific assessments and competition analysis on a regional scale.
3. Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies which can influence the market on a regional scale.
4. Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market shares.
5. Identification and analysis of the Macro and Micro factors that affect the Asia Pacific Image Sensors Market on regional scale.
6. A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.