Market Size of Global Image Sensor Industry for Security Application
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 8.83 % |
Fastest Growing Market | Asia-Pacific |
Largest Market | Asia-Pacific |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Image Sensor for Security Application Market Analysis
The global image sensor market for security is expected to grow at a CAGR of 8.83% over the forecast period (2022-2027). With the growing demand for high-definition image-capturing devices in security, CMOS Image Sensors (CIS) have seen rapid adoption, allowing for a faster shutter speed while still delivering high-quality photographs.
Government agencies and military forces have long employed high-speed imagery for better surveillance. The significant growth in the crime rates across the regions is also one of the primary factors contributing to the market growth rate.
The rapid penetration of multiple-CIS cameras, artificial intelligence (AI), and 3D sensing is improving the value of camera products. Access control, smart door locks, face payments, people counting, and anti-tailgating features have all benefited from security imaging. Smaller lithographic features are required on the processing and computing sides to provide appropriate calculation power at tolerable power consumption. The significant rise in product innovations are further set to boost the demand for image sensors in security applications.
For instance, Omnivison Technologies, Inc., a prominent manufacturer of advanced digital imaging technologies, has launched the OS02G10 security image sensor, which provides products for mainstream, high-volume security cameras that require 1080p resolution and exceptional low-light pixel performance. The OS02G10 contains a 2.8-micron pixel built on the OmniPixel 3-HS architecture, which features high quantum efficiency and an excellent signal-to-noise ratio for best-in-class low-light images. It boasts a 60% higher SNR1 and a 40% lower power consumption than OmniVision's previous-generation mainstream security sensor. This image sensor is made with 12" wafers, rather than the 8" wafers that are in short supply but are generally used for 2MP, 1080p sensors. This enables the firm to better ensure the efficiency of this resolution, which continues to be the most popular in the constantly developing market for consumer-grade IoT security cameras and low-end industrial and commercial surveillance systems.
With the disruption in the global supply chains due to COVID-19, the manufacturing sector has had a negative impact, which has subsequently impacted the consumer electronics and industrial sectors. The COVID-19 scenario had little impact on the CIS industry, and in some cases, such as security and computing, it even benefited. The COVID-19 pandemic has spurred demand for touchless access control solutions, such as 2.5D and 3D imaging systems, resulting in strong growth in smart buildings and even a growing interest in smart door locks in both commercial and consumer sectors.
Image Sensor for Security Application Industry Segmentation
The image sensor is the most critical component in producing sharp, high-resolution images. An image motion sensor detects action in the field it covers by employing Passive Infrared (PIR). When action is detected in security applications, the motion sensor activates the camera, which captures an image of what is happening in front of the device. Security cameras split the given market into consumer, commercial, and infrastructure cameras for CMOS image sensors (CIS) application segmentation. The report also covers segmentation by geography.
By Application | |
Consumer Cameras | |
Commercial Cameras | |
Infrastructure Cameras |
Geography | |
North America | |
Europe | |
Asia-Pacific | |
Latin America | |
Middle-East and Africa |
Global Image Sensor Market for Security Application Size Summary
The image sensor market for security applications is experiencing significant growth, driven by the increasing demand for high-definition imaging devices. The rapid adoption of CMOS Image Sensors (CIS) is enhancing surveillance capabilities with faster shutter speeds and superior image quality. This growth is further fueled by the rising crime rates, which necessitate advanced surveillance solutions. The integration of artificial intelligence and 3D sensing technologies is adding value to security imaging products, enabling features like smart door locks, face payments, and anti-tailgating. Innovations in image sensor technology, such as those by Omnivision Technologies, are setting new standards in low-light performance and power efficiency, catering to the evolving needs of both consumer and industrial security markets.
The Asia-Pacific region is emerging as a key player in the global image sensor market for security applications, supported by a robust manufacturing sector and significant investments in smart city projects. Countries like China, Japan, and South Korea are leading the charge, with China experiencing rapid growth due to its expanding economy and electronics market. The region's demand for image sensors is further bolstered by the rise of smart homes and increased surveillance measures. The competitive landscape is marked by the presence of major companies like Omnivision, STMicroelectronics, and Sony, which are focusing on product innovation and strategic partnerships to maintain their market positions. Recent developments, such as SK Hynix's mass production of advanced image sensors, highlight the dynamic nature of the industry, as companies strive to meet the growing demand for sophisticated security solutions.
Global Image Sensor Market for Security Application Market Size - Table of Contents
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1. MARKET INSIGHTS
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1.1 Market Overview
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1.2 Porter's Five Forces Analysis
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1.2.1 Bargaining Power of Buyers/Consumers
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1.2.2 Bargaining Power of Suppliers
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1.2.3 Threat of New Entrants
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1.2.4 Threat of Substitute Products
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1.2.5 Intensity of Competitive Rivalry
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1.3 Industry Value Chain Analysis
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1.4 Assessment of the Impact of COVID -19 on the Market
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2. MARKET SEGMENTATION
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2.1 By Application
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2.1.1 Consumer Cameras
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2.1.2 Commercial Cameras
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2.1.3 Infrastructure Cameras
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2.2 Geography
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2.2.1 North America
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2.2.2 Europe
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2.2.3 Asia-Pacific
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2.2.4 Latin America
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2.2.5 Middle-East and Africa
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Global Image Sensor Market for Security Application Market Size FAQs
What is the current Global Image Sensor Security Application Market size?
The Global Image Sensor Security Application Market is projected to register a CAGR of 8.83% during the forecast period (2024-2029)
Who are the key players in Global Image Sensor Security Application Market?
Omnivision Technologies Inc., ST Microelectronics, Sony Semiconductor Solutions Corporation, SmartSens Technology (Shanghai) Co., Ltd. and Semiconductor Components Industries, LLC are the major companies operating in the Global Image Sensor Security Application Market.