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Chinese Mobile Image Sensor Market Forecast to Grow at 15.35% CAGR over the Period 2013-2018

Reviewed

Sep 30 2014

Research and Markets has announced the addition of the "Mobile Image Sensor Market in China 2014-2018" report to their offering.

The Mobile Image Sensor market in China to grow at a CAGR of 15.35% over the period 2013-2018

Image sensing technology is used in cameras, camcorders, and all types of imaging devices. Mobile image sensors are devices used for the conversion of an image into an electronic signal in mobile devices. Before the digital era, analog image sensors functioned with video camera tubes. These tubes are now replaced with digital technologies such as charge-coupled device (CCD) image sensors and complementary metal oxide semiconductor (CMOS) image sensors.

Mobile image sensors can be categorized into two types: CMOS mobile image sensors and CCD mobile image sensors. CMOS image sensor is used in most smartphones because it offers low consumption of power; whereas CCD image sensor is used in high-end cameras that are used for capturing images in low light.

One of the major trends that the Mobile Image Sensor market in China is expected to witness is the rapid advances in technology in the market as vendors are focusing on introducing better versions of smartphones in terms of technology.

According to the report, one major factor driving growth in this market is the increasing penetration of smartphones. With the continual decline in smartphone prices and improving camera quality, the demand for mobile image sensors is growing.

Further, the report states that one of the main challenges that are hindering the growth of this market is the high cost of production because of the high cost of raw materials. The cost of producing image sensors is increasing yearly because of the R&D expenditure incurred by vendors and also because of the marketing costs.

Key Vendors