Low-Light Imaging Market Size to Reach USD 39.49 Billion by 2030

New York – United States

Data Bridge Market Research has unveiled a new report called Low-Light Imaging Market which provides an in-depth exploration of growth strategies, drivers, opportunities, key segments, Porter’s Five Forces analysis, and the competitive landscape. The Low-Light Imaging marketing report offers an in-depth investigation of the market driving factors, opportunities, restraints, and challenges for obtaining crucial insight of the market. Such a brilliant report has been prepared by a team of enthusiastic analysts, skilled researchers, and experienced forecasters who work meticulously for the same. The wide-ranging market research report presents intelligent solutions to versatile business challenges and instigates an effortless decision-making process.

Data Bridge Market Research analyses that the low-light imaging market was valued at USD 14.54 billion in 2022 and is expected to reach the value of USD 39.49 billion by 2030, at a CAGR of 13.30% during the forecast period. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

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Global Low-Light Imaging Market Dynamics

Drivers

  • Rising demand of low-light imaging in automotive sector

The automotive sector is projected to contribute favorable revenue to the low-light imaging market in the upcoming future. Rapid adoption of advanced driver assistance systems (ADAS) for vehicles is indirectly paving mode for the demand of low-light imaging. Low-light image sensors are used in advanced driver assistance systems (ADAS) components for forward-collision warning, lane-keep assistance and blind spot monitoring. Besides this, 360-degree surround-view cameras front-view machine vision cameras, camera monitor systems and dash cameras, rear-view cameras are some areas in automobiles where low-light image sensors are used. The rising demand of low-light imaging in the automotive sector is expected to drive the market growth.

Opportunities

  • Surging product launches

The surging product launches and other innovations by major market players further offer many growth opportunities within the market. For instance, In January 2019, OmniVision Technologies has announced the release of OVO2K image sensor with new configuration. This 2.9 micron 1080p image sensor is intended for smartphones with featuring video-centricity. In this technology, the image sensor enables secondary camera in multi-configurations smartphones to capture high-quality videos, even when ambient light is very low.

Some Of The Major Players Operating In The Low-Light Imaging Market Are:

  • Panasonic Corporation Co, Ltd (Japan)
  • Samsung (South Korea)
  • BAE Systems (U.K.)
  • Andanta GmbH (Germany)
  • ams-OSRAM AG (Austria)
  • STMicroelectronics (Switzerland)
  • Sharp Corporation (Japan)
  • Teledyne FLIR LLC (U.S.)
  • Hamamatsu Photonics K.K. (Japan)
  • Semiconductor Components Industries, LLC (U.S.)
  • PIXELPLUS (U.A.E)
  • OmniVision (U.S.)
  • Sony Semiconductor Solutions Corporation (Japan)
  • ROHM CO., LTD. (Japan)
  • TE Connectivity. (Switzerland)
  • Ushio America, Inc. (Japan)
  • Würth Elektronik GmbH & Co. KG (Germany)

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Low-Light Imaging Market Segmentations:

Technology

  • Complementary Metal-Oxide Semiconductor (CMOS)
  • Charge-Coupled Device (CCD)

Application

  • Photography
  • Monitoring
  • Inspection and Detection
  • Security and Surveillance

Vertical

  • Consumer Electronics
  • Automotive
  • Medical and Life Sciences
  • Military and Defence and Industrial
  • Commercial and Residential Infrastructure

Low-Light Imaging Market Regional Analysis/Insights

The countries covered in the low-light imaging market report are report  U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (M.E.A.) as a part of Middle East and Africa (M.E.A.), Brazil, Argentina and Rest of South America as part of South America.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter’s five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

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