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The automotive image sensors market size is forecast to increase by USD 19924.5 million at a CAGR of 41.64% between 2024 and 2028.
The automotive image sensors market is witnessing steady growth due to the increasing adoption of camera-based Advanced Driver Assistance Systems (ADAS) in vehicles. This trend is expected to continue as automakers prioritize safety features to meet regulatory requirements and customer demand. Another market trend is the development of high-sensitivity Complementary Metal-Oxide-Semiconductor (CMOS) image sensors with LED flicker mitigation, which enhance image quality and improve night vision capabilities. However, the high replacement costs associated with image sensors pose a challenge to market growth. Manufacturers must focus on reducing costs while maintaining image quality to make image sensors more accessible to a wider range of vehicle models. Overall, the automotive image sensors market is expected to grow steadily due to the increasing demand for safety features and advanced imaging technologies.
The market is experiencing significant growth due to the increasing demand for advanced driver-assistance systems (ADAS) in vehicles. Automakers are integrating image sensors into various applications such as blind-spot monitoring, parking assistance, pedestrian detection, and autonomous vehicles. Cameras, lidar, and radar are the primary types of image sensors used in the automotive industry. Lidar technology, in particular, is gaining popularity due to its ability to create 3D maps of the environment, enhancing driver safety and comfort. Compact and energy-efficient sensors, such as ISOCell Auto 4AC and Xensiv TLE4971, are increasingly being adopted to reduce CO2 emissions in electric vehicles (EVs) and hybrid vehicles (HVS). ADAS features like adaptive cruise control, lane-keeping assist, automatic emergency braking, and vehicle authentication are becoming standard in modern vehicles, driving the demand for image sensors. CCD and CMOS are the two primary types of image sensors used in the automotive industry. The IoT sensor platform is also gaining traction, enabling real-time data processing and analysis, enhancing the overall driving experience.
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million " for the period 2024-2028, as well as historical data from 2018 - 2022 for the following segments.
The Passenger cars segment is estimated to witness significant growth during the forecast period. The automotive image sensors market is witnessing significant growth, particularly in the commercial vehicle (CV) segment, due to the prioritization of safety features by automakers. Blind-spot monitoring, parking assistance, and pedestrian detection are among the safety technologies increasingly being adopted in CVs, leading to the increased usage of image sensors. CV Original Equipment Manufacturers (OEMs) such as Daimler, Scania, DAF, Iveco, MAN, Scania, and Volvo are focusing on safety innovations in their CV production. This trend is driving the demand for advanced driver-assistance systems (ADAS), which in turn is boosting the adoption of automotive image sensors. High-quality image sensors, including CMOS and CCD technologies, are essential components of these safety systems.
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The Passenger cars segment accounted for USD 1438.50 million in 2018 - 2022 and showed a gradual increase during the forecast period.Technological advancements in image sensors, such as energy-efficient and compact sensors, are contributing to the growth of the market. Regulations mandating vehicle safety are also pushing automakers to invest in these technologies. The CV segment holds significant market demand in key automotive markets like the US and China. The increasing popularity of electric vehicles (EVs) and hybrid vehicles (HVs) is also influencing the market, with LiDAR technology and solid-state LiDAR sensors gaining popularity for their efficiency and cost-effectiveness. Strategic alliances and product development are key growth strategies adopted by market players to stay competitive. Vehicle authentication and driver safety are additional applications of image sensors, offering comfort and advanced features to consumers. The market is expected to witness further growth due to the continuous optimization of processes and the development of cutting-edge products, providing real-time insights for improved vehicle performance and safety.
The Automotive Image Sensors Market is experiencing significant growth due to the increasing demand for advanced driver-assistance systems (ADAS). Key technologies driving this market include the KBV Cardinal matrix and XENSIV TLE4971 sensor. These sensors are integral to various ADAS features such as adaptive cruise control, lane-keeping assist, and automatic emergency braking. Charge-coupled devices (CCD) and complementary metal-oxide-semiconductor (CMOS) image sensors are the primary types used in automotive applications. CCD sensors offer high image quality but are more expensive, while CMOS sensors are more cost-effective and consume less power. The integration of these advanced image sensors is revolutionizing the automotive industry by enhancing safety and convenience for drivers.
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APAC is estimated to contribute 35% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The camera-based Advanced Driver-Assistance Systems (ADAS) market has experienced consistent expansion due to increasing demand for safety features in automobiles. The automotive industry is witnessing significant advancements in safety features, with image sensors playing a pivotal role in various applications such as blind-spot monitoring, parking assistance, and pedestrian detection. Automakers are increasingly integrating cameras, LiDAR, and radar systems into their vehicles to enhance safety and provide real-time insights. High-quality image sensors are essential for these applications, and manufacturers are continuously developing CMOS and CCD technology-based sensors to cater to the growing demand for autonomous vehicles. The product portfolio of camera module manufacturers includes compact, energy-efficient, and cost-effective sensors, which are crucial for passenger vehicles, commercial vehicles, and electric vehicles (EVs) and hybrid vehicles (HVs). Technological advancements in LiDAR technology, such as solid-state LiDAR and MEMS accelerometers, offer efficiency gains and process optimization, leading to the development of cutting-edge products. Regulations and the increasing demand for driver safety and comfort are also driving the market's growth. Strategic alliances and product development are key strategies adopted by market players to stay competitive. Vehicle authentication and reducing CO2 emissions are also essential considerations for automotive image sensors.
A high-sensitivity CMOS image sensor has been developed, incorporating LED flicker mitigation technology to enhance image quality and reduce interference from fluctuating light sources. The automotive industry has seen a significant shift towards the adoption of advanced driver-assistance systems (ADAS) and autonomous vehicles, fueling the demand for high-quality image sensors. Automakers are integrating image sensors into various safety features such as blind-spot monitoring, parking assistance, and pedestrian detection. Technological advancements have led to the evolution of image sensors from Charge-Coupled Devices (CCD) to Complementary Metal-Oxide-Semiconductor (CMOS) technology. Prominent image sensor suppliers are expanding their product portfolios to cater to the increasing demand for HDR-capable image sensors. For instance, Sony introduced the industry's first 2.45MP high-sensitivity CMOS image sensor with LED flicker mitigation, IMX390CQV. This sensor offers improved performance in capturing LED signs and traffic signals, enhancing driver safety and comfort. Moreover, the integration of image sensors in autonomous vehicles, including passenger vehicles, commercial vehicles, and electric vehicles (EVs) and hybrid vehicles (HVs), is a significant trend. LiDAR technology, which combines image sensors with lasers, is a game-changer in autonomous driving. Compact and energy-efficient sensors, such as solid-state LiDAR and CMOS image sensors, are increasingly being adopted for their efficiency gains and cost-effectiveness. Regulations and vehicle demand are also driving the growth of the automotive image sensors market. The need for vehicle authentication and driver safety features is leading to the development of cutting-edge products. The focus on reducing CO2 emissions and improving fuel efficiency is also expected to boost the demand for energy-efficient sensors.
As a professional assistant, I must inform you that replacing certain items may incur significant costs. The automotive image sensors market plays a pivotal role in the development of advanced driver-assistance systems (ADAS) and safety features in modern vehicles. Automakers increasingly rely on high-quality image sensors for applications such as blind-spot monitoring, parking assistance, and pedestrian detection in passenger vehicles, commercial vehicles, and electric vehicles (EVs) or hybrid vehicles (HVs). Technological advancements, including LiDAR technology, compact sensors, energy-efficient sensors, and solid-state LiDAR, are driving product development and strategic alliances. Regulations and vehicle demand are key growth factors, as safety features become increasingly important for driver safety, comfort, and reducing CO2 emissions. CMOS technology and CCD technology are commonly used in image sensors, with MEMS accelerometers used for process optimization and efficiency gains. Despite the benefits, the high replacement costs of automotive image sensors remain a challenge. The total repair cost, which includes labor and parts, is a significant concern for automakers, as the process is time-consuming and requires specialized skills. However, the market is expected to continue growing, driven by the demand for cutting-edge products and real-time insights.
The market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Canon Inc. - The company specializes in the production and supply of advanced Automotive Image Sensors for the sports industry. Our product offerings cater to the specific requirements of this sector, ensuring superior image quality and functionality. These sensors are integral to various applications, including advanced driver assistance systems (ADAS), surround view systems, and parking assistance systems. Our commitment to innovation and technological advancement enables US to deliver cutting-edge solutions that enhance vehicle safety and performance. With a focus on precision, reliability, and high-definition imaging, our Automotive Image Sensors are the preferred choice for leading automotive manufacturers and sports vehicle brands.
The market research and growth report also includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The automotive image sensors market is witnessing significant growth due to the increasing demand for safety features such as blind-spot monitoring, parking assistance, and pedestrian detection in passenger vehicles, commercial vehicles, and electric vehicles (EVs) and hybrid vehicles (HVS). Automakers are integrating high-quality image sensors, including CMOS technology and CCD technology, into their product portfolio to enhance safety and provide advanced driver-assistance systems (ADAS). Technological advancements in lidar technology, compact sensors, energy-efficient sensors, and cost-effective sensors are driving innovation in the market. Strategic alliances and product development are key strategies adopted by market players to stay competitive. Regulations regarding vehicle safety and reducing CO2 emissions are also fueling the market's growth. The integration of image sensors in autonomous vehicles, including cameras, lidar, and radar, is a significant trend in the market. The focus on vehicle authentication and driver safety, comfort, and real-time insights are other factors contributing to the market's growth. Efficiency gains and process optimization are essential for cutting-edge products in the market. Solid-state lidar, CMOS image sensors, and MEMS accelerometers are some of the latest technologies driving the market.
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Market Scope |
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Report Coverage |
Details |
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Page number |
181 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 41.64% |
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Market growth 2024-2028 |
USD 19924.5 million |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
30.47 |
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Regional analysis |
North America, Europe, APAC, Middle East and Africa, and South America |
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Performing market contribution |
APAC at 35% |
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Key countries |
US, China, France, Germany, and UK |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
Canon Inc., Continental AG, DENSO Corp., Gentex Corp., Infineon Technologies AG, NXP Semiconductors N.V., OmniVision Technologies Inc., ON Semiconductor Corp., PixArt Imaging Inc., PIXELPLUS Co. Ltd., Samsung Electronics Co. Ltd., Sharp Corp., SK hynix Co. Ltd., Smartway Shanghais Electronic Technology Co. Ltd., Sony Group Corp., STMicroelectronics International N.V., Taiwan Semiconductor Manufacturing Co. Ltd., Teledyne Technologies Inc., Texas Instruments Inc., and Toshiba Corp. |
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Market dynamics |
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, market condition analysis for the forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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