The global CMOS camera market is predicted to rise at a stellar CAGR of 10.7% over the forecast period (2022-2029).
The CMOS Camera Market is expected to reach a value of US$ 5 Bn in 2022 and expected to surpass US$ 10.2 Bn by 2029, registering 10.7% CAGR between 2022 – 2029.
Over the last several years, imaging systems for security applications have grown significantly. Large, high-cost, and inefficient cameras mostly used for specific military and government applications have been replaced by compact, low-cost, low-power smart camera systems, becoming available not only for military and government purposes, but also for expanding civilian security applications.
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Key Takeaways of CMOS Camera Market Study
Increasing Demand for Machine Vision to Propel Sales
Growth in machine vision adoption, with the convergence of advanced imaging analysis, robotics, and machine learning, is leading to new creative and never-before-seen solutions for industrial vision applications. Machine vision cameras will remain critical to the development of next-level solutions in a variety of growing global markets. Moreover, CMOS cameras have taken over a majority of the machine vision market. CMOS chips yield higher quantum efficiency, and are expected to drive the growth of the global CMOS camera market, as they are used for near infrared (NIR), scientific, and life science applications.
More Valuable Insights on CMOS Camera Market
Future Market Insights offers an unbiased analysis of the global CMOS camera market, providing historical data of 2014-2021 and forecast statistics for 2022-2029. To understand the opportunities in the CMOS camera market, the market is segmented on the basis of camera type, professional services, pixel density (megapixels), and application, across seven major regions.
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CMOS CAMERA MARKET TAXONOMY
The global CMOS camera market is segmented in detail to cover every aspect of the market, and present a complete market intelligence approach to the readers.
Camera Type
Professional Services
Pixel Density (Megapixels)
Application
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Region
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market.
Aug 12, 2022