China CMOS image sensors market is estimated to grow at a CAGR of 9.0% during the forecast period. The market growth is attributed to the rising consumer electronic industries, increasing adoption of smartphones, and technological advancement in wearable sensor materials. Additionally, a vast population base and growing digitalization in China are significantly contributing to the market growth in the region.
Along with the high customer base in China, the country is exporting a larger number of smartphones across the globe. China has a significant market share in the smartphone industry among all major economies such as the US, UK, India, and others. Due to this, the companies and research institutes are investing considerable resources in the R&D program in sensor technology. For instance, Xiaomi, a Chinese smartphone manufacturer has officially opened an R&D under the registered name – Xiaomi Finland Oy in Tampere in November 2019. This manufacturing hub will focus on smartphone camera technologies, including camera algorithms, signal processing, and image processing.
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Additionally, ON Semiconductor is expected to introduce its intelligent image sensing solutions at Vision China Exhibition, March 2020-2022 in Shanghai. Exhibits will include the company’s X-Class image sensor platform, the KAI-50140 interline transfer CCD image sensor, AR0522 CMOS image sensors with Near Infra-Red+ (NIR+) technology, and the AR0234 CMOS digital image sensor. Such initiatives by the major players create enormous opportunities for CMOS image sensors market in the Asia-Pacific region.
The CMOS image sensors market in China is segmented on the basis of technology and end-user industry. Based on the technology the market is bifurcated into front side illumination (FSI) and backside illumination (BSI). On the basis of end-user, the market is divided into automotive, consumer electronics, industrial, security & surveillance, healthcare and others such as aerospace & defense.
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China CMOS Image Sensors Market Segmentation
By Technology
· Front Side Illumination (FSI)
· Back Side Illumination (BSI)
By End-User
· Automotive
· Consumer Electronics
· Industrial
· Security and Surveillance
· Healthcare
· Others
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
