MarketsandMarkets: APAC to Hold Image Sensor Market’s Largest Share by 2020

market researchMarketsandMarkets forecasts an 8.06 percent compound annual growth rate for the image sensor market by 2020 to reach a total market value of $15.77 billion and cites that trend to new CMOS design and fabrication technology.

The market research firm said Thursday that companies emerging to develop the market include Aptina Imaging, Canon, CMOSIS, OmniVision Technologies, ON Semiconductor, Samsung Group, Sony, STMicroelectronics, Teledyne DALSA and Toshiba.

Asia-Pacific will also have the biggest market share at 38.30 percent with a 10.15 percent CAGR over the next six years.

The firm projects the Middle East, Africa and South America to achieve a 9.75 percent CAGR due to bolstered telecommunications infrastructure.

MarketsandMarkets noted that image sensors have consumer, medical, automotive and surveillance applications, particularly in imaging devices such as camera-enables mobile phones.

The report analyzes the market based on applications, array type, geography, operating spectrum, scanning method and technology.

You may also be interested in...

Nuxeo

Nuxeo Obtains HITRUST CSF Certified Status for Content Mgmt Suite

The Health Information Trust Alliance has granted Nuxeo certified status for information security for its cloud-based content management tool offered through the Amazon Web Services platform.

Gremlins Dynetics

Dynetics Concludes Third Flight Test of Gremlins UAV for DARPA

A Dynetics-made unmanned aerial vehicle demonstrated autonomous and manual safety behaviors in a test flight series for the Defense Advanced Research Projects Agency. The Gremlins Air Vehicle, with its corresponding recovery system, performed seven hours of flight in November, at Utah-based Dugway Proving Ground, Dynetics, a Leidos subsidiary, said Wednesday.

Medallia

HHS Taps Medallia to Help Augment Customer Experience in Health Services

Medallia will deliver user experience technology to help the Department of Health and Human Services address health-related public sector issues and augment key services for HHS customers. The company said Thursday it offers a government-tailored platform that helps agencies determine how to improve citizen experience based on feedback data.