Ccd Image Sensors Market - Growth, Trends, Covid-19 Impact, And Forecasts (2021 - 2026)

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The CCD Image Sensors Market was valued at USD 1.58 billion in 2020 and expected to reach USD 2.21 billion by 2026 and grow at a CAGR of 4.9% over the forecast period (2021 - 2026). The adoption of CCD image sensors for the automatic optical inspection (AOI) and the better camera facility in the smartphone industry is among the major factor driving the market.

- In the smartphone section of the consumer electronics industry, the new technologies based innovations for better camera facility features, to diverse solutions for mobile devices to take better photographs. Additionally, for the automotive industry, to enable safer driving experiences, frame transfer CCD sensor and interline transfer CCD sensors are being widely adopted.

- The growing demand in the industrial sector for improved performance, particularly for different applications operating in near-infrared wavelengths, there is extensive usage of CCD image sensor to avoid the reduction in image sharpness.

- However, less expensive and better battery life of CMOS image sensors is creating a challengable environment in the growth of the CCD ...
... image sensors market.

Key Market Trends

High Quality Image Cased Inspection Expected to Drive the Demand

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- In the end-user application industry, the usage of CCD image sensors is required for obtaining better quality images for the industrial inspection to keep a track on quality control and maximizing the yield in modern manufacturing, machine vision systems for automation and removing the human element.

- Industrial production in nations such as China, India has improved and require improved and automated inspection capabilities and are expected to support the market demand over the forecast period. 3D vision systems are among the innovative key areas of application for image sensors, which are currently used for industrial automation and machine vision. 3D vision with high-speed cameras and laser light can perceive the depth and detect the shape of objects effectively.

- The growing demand for advanced industrial production had been driving partnerships between the US and Chinese companies which helps China in getting advancement in the image sensors technology. The trade war situation between the two nation, however, is expected to negatively impact thus value chain flow. This is likely to further develop the Asia-Pacific CCD and CMOS image sensors market. However, the CMOS image sensor has broader use in automotive industry comparison to CCD image sensors.

- partnerships and collaboration among the technology enablers are common in this market, for instance, in China, TowerJazz, manufacturer of advanced analog integrated circuits did a partnership with Changchun Changguang Yuanchen Microelectronics Technology Inc. for backside illumination (BSI) manufacturing in Changchun. In order to provide BSI process segment in China, TowerJazz is using CMOS image sensors.

Asia-Pacific Region is Expected to Hold Major Share

- Asia-Pacific dominates the CCD image sensors market due to the demand generated from China and India especially in the consumer electronics segment. China is considered the manufacturing hub of the world and the demand for the CCD image sensors is high in the consumer products requiring high image quality for the usage. better semiconductor supply chain presence has further helped in assisting the market demand.

- China and India, further, plan to install CCTV camera devices with the strategic goal of developing smart cities and improve the infrastructure in law enforcement. It is expected that for strategic places that require high-quality images, CCD image sensors may experience increased demand.

- The high growth of the market is mainly attributed to the rising purchasing power of the consumers, government expenditure in surveillance-related infrastructure, and increasing exposure to technological advancements.

- Players that are active in the regional market such as CZ industry and technology co., Ltd. (CZIT), a China-based company is delivering Tcd1304dg UV coated CCD linear image sensor for spectrometer module which is being used for OEM modular of the gas analyzer. Cost is an important factor for these vendors to operate in the regional market.

Competitive Landscape

The CCD image sensors market is fragmented. Overall, the competitive rivalry among existing competitors is high as the market demand is in limited applications. The product innovation strategy of companies is expected to keep the market growing phase. Sensitivity to the price of raw material, use of patented technology are among some of the factors that impact the market.

- October 2018 - ON Semiconductor introduced CCD image sensor, the KAI-50140, that incorporates 50 megapixels with the industrial inspection as application. This sensor is being used in smartphone displays for making it possible to capture an image in the smartphone with 50MP of data.

- August 2017 - Hamamatsu Photonics K.K. developed a streak camera, FESCA-100, and achieves the highest level of temporal resolution because of a newly developed structural design. The FESCA-100 can measure optical phenomena in 100 femtoseconds (one-quadrillionth of a second) with a temporal resolution twice as high as conventional products.

- May 2017 - On Semiconductor introduced KAI-29052, the sensor which provides up to twice the sensitivity of the existing KAI-29050 at 500 to 1,050 nm to evolve the needs of industrial imaging applications such as high-end security, machine vision, and aerial surveillance and mapping requirement to continue advancements in the portfolio of image sensors serving this market.

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