Low Light Imaging Market: Increasing Adoption in Surveillance and Security Applications Create Lucrative Opportunities
The size of the low light imaging market was USD 23,749 million in 2022, and it push at a rate of 10.15% in the years to come, to touch USD 51,466 million by 2030, as per a report by a market research institution, P&S Intelligence.
CMOS also has features including low consumption of power, faster frame rate, small size, high-noise tolerance, easy incorporation, and high-temperature constancy, boosting this category.
Furthermore, tech-advancements for microprocessors, ASICs, and memories for semiconductors will power the requirement for low-lighting sensors.
The automotive category will grow the fastest at a rate of 11.2%. This is because of the uses of low-light imaging in ADAS, such as side view/rear view systems, camera mirrors, and the increasing number of launches of cutting-edge products.
Monitoring, inspection & detection is a key use as the automotive sector is contributing large amount of revenue and this will become a future trend.?
This is because of the growing implementation of ADAS for vehicles and the increasing usage of this technology in ADAS components for lane-keep assistance, forward-collision warning, and monitoring of the blind-spot.
Moreover, dash cameras, front-view machine vision cameras, rear-view cameras, 360-degree surround-view cameras, and camera monitor systems are some of the key devices fitted in vehicles, where low-light image sensors are used.
The growing use of smartphone imaging sensors is powering the industry. It is also powered by the growing use of low-light imaging goods credited to the rising acceptance of sensor technology in tablets and smartphones all around the globe.?
?It is because of the availability of numerous imagine technologies, the demand for low light imaging solutions will increase in the future.
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The research offers market size of the low light imaging market for the period 2017–2030.
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