Global Low-Light Imaging Technology Market Overview:
Low-light imaging technology is a technology used to improve visibility in dimly lit environments. The image intensifier is the most commonly used device in low-light imaging technology to amplify available light. This technology delivers day and night-vision in degraded visibility conditions. Increased smartphone penetration in regions such as the United States, China and India is fueling the growth of the low-light imaging technology market.
As per latest study released by AMA Research, the Global Low-Light Imaging Technology market is expected to see growth rate of 11.5%Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
High Growth Market | Asia Pacific |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Growing Popularity of CMOS Low-Light Image Sensors
Market Growth Drivers:
Increased Penetration of the Low-Light Image Sensing Technology in Smartphones, Increased Number of Smartphone Users and Rise in the Disposable Income of the People
Challenges:
Migrating From CCD to New-Generation CMOS Technology
Restraints:
Complex and Expensive Process to Produce Low-Light Imaging Technology-Based Cameras
Opportunities:
Increasing Buying Capacity in the People from Developing Countries, Growing Demand from End-users and Growth in the Consumer Electronics Industry Worldwdie
Competitive Landscape:
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain competitive advantage through combined collaborations
Some of the key players profiled in the report are STMicroelectronics (Switzerland), Hamamatsu Photonics K.K. (Japan), Semiconductor Components Industries, LLC (United States), PIXELPLUS (South Korea), Canon Europa N.V. (Greece), ams AG (Austria), Himax Technologies, Inc (Taiwan), Samsung (South Korea), Sony Semiconductor Solutions Corporation (Japan) and Sharp Corporation (Japan). Additionally, following companies can also be profiled that are part of our coverage like Fairchild Imaging Systems (United States) and OmniVision Technologies, Inc. (United States). Analyst at AMA Research see Global Players to retain maximum share of Global Low-Light Imaging Technology market by 2030. Considering Market by Vertical, the sub-segment i.e. Consumer Electronics will boost the Low-Light Imaging Technology market.
Latest Market Insights:
In May 2021, Qualcomm Technologies, Inc. is looking forward to launch new Lenovo devices with the Snapdragon. This devices are well equipped with enhanced video, image, and voice capabilities. In addition, they are able to utilize low-light video and photography and Hi-Fi Audio features owing to its Low-Light Imaging Technology.
In September 2023, Sony introduced the IMX990, a high-resolution image sensor with improved low-light sensitivity and dynamic range, targeting professional cameras and drones.
What Can be Explored with the Low-Light Imaging Technology Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Low-Light Imaging Technology Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Low-Light Imaging Technology
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Low-Light Imaging Technology market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Low-Light Imaging Technology market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Low-Light Imaging Technology Providers, Research Professionals, Emerging Companies and End-users.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.