Global Low Light Imaging Market Insights Forecasts to 2032

• The Global Low Light Imaging Market Size was valued at USD 15.92 Billion in 2022.
• The Market is Growing at a CAGR of 13.7% from 2022 to 2032
• The Worldwide Low Light Imaging Market Size is expected to reach USD 57.39 Billion by 2032
• North America is expected to grow the fastest during the forecast period

The Global Low Light Imaging Market Size is expected to reach USD 57.39 Billion by 2032, at a CAGR of 13.7% during the forecast period 2022 to 2032.

Low light imaging describes the techniques and technology that enable cameras to capture images in low light or at night without the need for a flash or other external light source. Because the original applications of this technique were to increase human night vision capacity, it is also known as night vision imaging or night vision camera. Even so, in recent decades, low light imaging has been used in many sectors of science, including astronomy and fluorescence or luminescence uses. An ideal detector for low-light imaging has a large numerical aperture, a high quantum efficiency, and signal amplification to detect as many photons released by the object as possible. Additionally, due to the lack of light, it causes increased noise, diminished detail, and color aberrations. Larger sensors, wider apertures, image stabilization, noise reduction algorithms, and powerful AI processing are used to address these difficulties. Low light imaging is a domain that is currently in research and development, with advances being made all the time to improve the quality of photos acquired in difficult lighting circumstances.

Driving Factors

The low-light imaging market has grown significantly as a result of increased demands from numerous industries, advancements in camera technology, and the ongoing requirement to capture images in severe lighting circumstances. These types of technologies are regularly employed in a variety of industries, including consumer electronics, security and surveillance, automotive, medical, and others. With smartphones growing more common, there is an ever-present need for cameras that work effectively in all lighting circumstances, including low light. Manufacturers are constantly competing to provide the finest camera performance, which drives development in this field. The rising demand for innovative low-light imaging systems has resulted from the requirement for surveillance in low light or at night, whether in urban areas, borders, or critical infrastructure. The low-light imaging market has seen significant growth and innovation as technical advancements have accelerated and consumer demands have evolved. As industries such as driverless vehicles and telemedicine expand, so will the need for sophisticated low-light imaging systems. The incorporation of AI, as well as the possibility for AR (Augmented Reality) and VR (Virtual Reality) applications, expands the market's opportunities.

Market Segmentation

By Technology Insights

The complementary metal-oxide-semiconductor (CMOS) segment is dominating the market with the largest revenue share over the forecast period.

On the basis of technology, the global Low Light Imaging market is segmented into the complementary metal-oxide-semiconductor (CMOS) and charge-coupled device (CCD). Among these, the complementary metal-oxide-semiconductor (CMOS) segment is dominating the market with the largest revenue share of 47.6% over the forecast period. The popularity of CMOS technology can be due mostly to its widespread acceptance in the fast developing smartphone market, as well as its low cost and scalability across a wide range of applications. Furthermore, recent advances in CMOS technology have significantly decreased the quality gap between CMOS and CCD, making CMOS a viable option for an increased number of applications. Because of their low power consumption, strong integration capabilities, and enhanced noise performance, CMOS sensors are frequently used in a variety of imaging systems.

By Application Insights

The monitoring, inspection & detection segment is expected to hold the largest share of the Global Low Light Imaging Market during the forecast period.

Based on the application, the global Low Light Imaging market is classified into security & surveillance, monitoring, inspection & detection, photography, and others. Among these, the monitoring, inspection & detection segment is expected to hold the largest share of the m Low Light Imaging market during the forecast period. The most significant disciplines where low light imaging cameras are employed for monitoring, inspection, and detecting applications are automotive, medical, and life sciences. Automobile manufacturers are introducing vehicles with many surveillance cameras to improve safety and convenience. The imaging systems must operate well in all lighting circumstances, which has boosted the demand for low-light image sensors in the car industry. The increased usage of LiDAR technology in the automotive industry, as well as a rising need for low light imaging cameras, are driving the expansion of the low light imaging market for monitoring, inspection, and detection applications.

By Industry Insights

The automotive segment accounted for the largest revenue share of more than 34.7% over the forecast period.

On the basis of industry, the global Low Light Imaging market is segmented into industrial, consumer electronics, automotive, medical & life sciences, military & defense, and others. Among these, the automotive segment is dominating the market with the largest revenue share of 34.7% over the forecast period. Low light image sensors are used in advanced driver assistance systems, or ADAS, such as side view/rear view, forward ADAS, in-cabin ADAS, and camera mirror systems. The most prevalent application of cameras in automobiles nowadays is for rear-, side-, and forward-viewing systems. Cameras in vehicles must perform efficiently in all lighting circumstances to ensure safety and security; this expectation from the automotive vertical has developed the demand for cameras with low-light imaging capabilities. The increasing demand for ADAS in the automobile industry is expected to drive the growth of the low light imaging market.

Regional Insights

Asia Pacific dominates the market with the largest market share over the forecast period.

Asia Pacific is dominating the market with more than 38.7% market share over the forecast period. This dominance is ascribed to the region's large industrial capabilities, particularly in electronics, as well as the region's main APAC countries' rapid technical achievements. The Chinese market leads the Asia Pacific region, and it is expected to expand at an alarming rate during the anticipated period. This is due to the booming automotive and consumer electronics industries, as well as the increasing use of modern cell phones. Rapid urbanization in nations such as India and Japan needs sophisticated monitoring and security measures. Furthermore, nations such as Japan and South Korea are at the leading edge of imaging technical breakthroughs, which boosts the regional market. The burgeoning consumer electronics sector and rising urbanization bolster APAC's market leadership.

North America, on the contrary, is expected to grow the fastest during the forecast period. This is due to the great need for such solutions in the region's many automotive and electronics manufacturing businesses, as well as the increasing usage of low-light image sensors by smartphone manufacturers. The defense sector in the United States has a high need for sophisticated imaging technologies, which is propelling regional market expansion. The increased use of smartphones, drones, and other devices with improved image capabilities in North America drives up demand for low-light imaging sensors.

List of Key Market Players

• OMNIVISION Technologies
• STMicroelectronics N.V.
• PixArt Imaging Inc.
• Sony Group
• Samsung Electronics Co., Ltd.
• ON Semiconductor Corporation
• Teledyne Technologies Incorporated
• Panasonic Holdings Corporation
• Canon Inc.
• Hamamatsu Photonics K.K.
• TE Connectivity.
• ROHM CO., LTD.
• Würth Elektronik GmbH & Co. KG
• Sharp Corporation
• BAE Systems
• ams-OSRAM AG

Key Market Developments

• On January 2023, OMNIVISION, announced its new OV50H, a high-resolution 50-megapixel (MP) image sensor with a dual conversion gain (DCG) technology powered 1.2-micron (µm) pixel in a 1/1.3-inch optical format, designed for high-end smartphone rear-facing cameras. The OV50H is built on OMNIVISION’s PureCel®Plus-S stacked-die technology for best-in-class image sensor performance. It features OMNIVISION’s first H/V QPD autofocus technology. This feature improves distance calculation, provides faster autofocus and enhances low-light performance.

• On May 2023, Hikvision unveils next-generation ColorVu technology, its high quality full-colour technology, with Super Confocal and Smart Hybrid Light technologies. With these enhanced ColorVu offerings, even sharper imaging is made possible, with precise focusing in ultra-low light and flexible “hybrid” lighting modes to fit the scenario.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2032. Spherical Insights has segmented the Global Low Light Imaging Market based on the below-mentioned segments:

Low Light Imaging Market, Technology Analysis

• CMOS
• CCD

Low Light Imaging Market, Application Analysis

• Security & Surveillance
• Monitoring, Inspection & Detection
• Photography
• Others

Low Light Imaging Market, Industry Analysis

• Industrial
• Consumer Electronics
• Automotive
• Medical & Life Sciences
• Military & Defense
• Others

Low Light Imaging Market, 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 Middle East & Africa