Global CMOS Image Sensor Market Insights Forecasts to 2033

• The Global CMOS Image Sensor Market Size was estimated at USD 28.47 Billion in 2023
• The Market Size is Expected to Grow at a CAGR of around 7.86% from 2023 to 2033
• The Worldwide CMOS Image Sensor Market Size is Expected to Reach USD 60.65 Billion by 2033
• North America is Expected to Grow the fastest during the forecast period.

The Global CMOS Image Sensor Market size was worth around USD 28.47 Billion in 2023 and is predicted to grow to around USD 60.65 Billion by 2033 with a compound annual growth rate (CAGR) of 7.86% between 2023 and 2033. The consumer electronics segment has emerged as a primary growth driver for the CMOS image sensor market, particularly driven by the smartphone industry's evolution.

Market Overview

CMOS image sensor is known for their high energy efficiency, better integration capabilities, and advanced functionalities compared to traditional CCD (Charge-Coupled Device) sensor. They enable high-quality images and video capture across a wide range of devices and sectors. The growing use of CMOS technology in consumer devices, especially smartphones and digital cameras, has been instrumental. Such sensor provides benefits like reduced power usage, increased processing speeds, and affordability compared to CCD sensor. Furthermore, the growth of smart city projects and facial recognition technology creates further demand for advanced imaging solutions. These advances lead to considerable growth as sectors value greater security and efficiency. Moreover, technological innovations in CMOS image sensor are critical to market growth. Advances in pixel density, back-side illumination technology, and multi-camera solutions improve image quality and flexibility in applications. Additionally, as manufacturing procedures change to become more cost-reducing with the same level of performance, these sensors become more accessible across a range of markets, including healthcare and industrial automation.

Report Coverage

This research report categorizes the global CMOS image sensor market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global CMOS image sensor market. Recent market developments and competitive strategies such as expansion, type launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global CMOS image sensor market.

Driving Factors

One of the main drivers is the increasing demand for high-quality imaging in consumer electronics, particularly in smartphones, cameras, and other mobile devices, where high-resolution and fast autofocus are becoming essential. The rise of applications in sectors such as automotive (for ADAS and autonomous driving systems), healthcare (for medical imaging), and surveillance (for security cameras) is further fueling market expansion.

Restraining Factors

The market is highly competitive, with constant pressure to innovate and deliver superior performance, which can strain smaller companies or startups in terms of research and development investment.

Market Segmentation

The global CMOS image sensor market share is classified into spectrum, image processing technology, and resolution.

• The visible segment accounted for the largest share in 2023 and is projected to grow at a significant CAGR during the forecast period.

In the terms of spectrum, the global CMOS image sensor market is divided into visible and non-visible. Among these, the visible segment accounted for the largest share in 2023 and is projected to grow at a significant CAGR during the forecast period. The intense demand for visible light imaging in smartphones and digital cameras is a significant contributor to the dominance. Since companies are striving to improve camera performance and functionalities, the use of visible spectrum sensor is popular, and generating large revenue in this segment.

• The 3D segment accounted for the largest share in 2023 and is anticipated to grow at a substantial CAGR during the forecast period.

In the terms of image processing technology, the global CMOS image sensor market is divided into 2D and 3D. Among these, the 3D segment accounted for the largest share in 2023 and is anticipated to grow at a substantial CAGR during the forecast period. The growth in this segment can be attributed to the increasing demand for 3D imaging in gaming, healthcare, and robotics. 3D sensor play a pivotal role in developing immersive gaming experiences and enabling surgical procedures by offering precise spatial information.
 

• The above 16 MP segment accounted for the highest share in 2023 and is anticipated to grow at a remarkable CAGR during the forecast period.

In the terms of resolution, the global CMOS image sensor market is divided into up to 5 MP, 5 MP to 12 MP, 12 MP to 16 MP, and above 16 MP. Among these, the above 16 MP segment accounted for the highest share in 2023 and is anticipated to grow at a remarkable CAGR during the forecast period. The growth is fueled by consumer demand for professional photography equipment and high-resolution smartphone cameras. The trend of advanced megapixels enables a higher level of detail and enhanced picture quality, making these sensors most desired by consumers and professionals.

Regional Segment Analysis of the Global CMOS Image Sensor Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

Asia Pacific is anticipated to hold the largest share of the global CMOS image sensor market over the predicted timeframe.

Asia Pacific is anticipated to hold the largest share of the global CMOS image sensor market over the predicted timeframe. The regional growth is due to the rapid economic growth and technological advancements in countries like China, Japan, South Korea, and India. The region's booming consumer electronics industry, increasing adoption of smart technologies, and government initiatives promoting industrial automation are key drivers for this growth.

North America is expected to grow at the fastest CAGR in the global CMOS image sensor market during the forecast period. The region’s rapid growth can be attributed to several factors, including the increasing demand for high-resolution cameras in smartphones, security systems, automotive applications, and industrial automation. The region's strong focus on technological innovation and the presence of key market players also contribute to this growth.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global CMOS image sensor market along with a comparative evaluation primarily based on their type of offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes type development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Canon Inc.
• Panasonic Corporation
• Sony Corporation
• OmniVision Technologies Inc.
• ams OSRAM AG
• Hamamatsu Photonics K.K.
• ON Semiconductor Corporation
• GalaxyCore Shanghai Limited Corporation
• Himax Technologies, Inc.
• PixArt Imaging Inc.
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Development

• In July 2024, onsemi acquired SWIR Vision Systems, a company specializing in colloidal quantum-dot-based (CQD) shortwave infrared technology. With this acquisition, onsemi aims to combine its expertise in silicon-based CMOS sensor with CQD technology to produce highly integrated SWIR sensor that are more compact and cost-effective. This integration is expected to broaden applications across commercial, industrial, and defense sectors, significantly enhancing onsemi's intelligent sensing product portfolio and driving future growth in the CMOS image sensor industry.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global CMOS image sensor market based on the below-mentioned segments: 

Global CMOS Image Sensor Market, By Spectrum 

• Visible
• Non-visible

Global CMOS Image Sensor Market, By Image Processing Technology

• 2D
• 3D

Global CMOS Image Sensor Market, By Resolution 

• Up to 5 MP
• 5 MP to 12 MP
• 12 MP to 16 MP
• Above 16 MP

Global CMOS Image Sensor Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa