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N.A. Image Sensors Market to Reach $3.85B by 2018
June 12, 2015 | Business WireEstimated reading time: 1 minute
Research and Markets has announced the addition of the "North America Image Sensors Market - Growth, Trends And Forecasts (2014 - 2020)" report to their offering.
The North America Image Sensors market is expected to increase to $3.85 billion by 2018 at a CAGR of 6.41% over the period 2014-2020.
The North American market is expected to show significant growth in the coming years. The major factor driving the North American image sensor market is the large consumer base for smart phones, tablets, and others consumer electronics. By technology the image sensors market is segmented as CMOS image sensors and CCD image sensors, CMOS image sensors are dominating the CCD image segment because of the low cost and low power consumption. However, Complex manufacturing process of high resolution image sensors and higher power consumption in CCD image sensor are the factors hindering the growth of the North America image sensors market.
The North America Image Sensors market is segmented on the basis of Type (CMOS Image Sensors, CCD Image Sensors and Others), Spectrum (IR Sensor, X Ray Sensor), and Industry (Industrial, Security and Surveillance, Automotive and Transportation, Aerospace and Defense, Healthcare, Consumer Electronics and Others).
This report describes a detailed study of the Porter's five forces analysis of the market. All the five major factors in these markets have been quantified using the internal key parameters governing each of them. It also covers the market landscape of these players which includes the key growth strategies and competition analysis.
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