MEA Image Sensors Market Size

Statistics for the 2023 & 2024 MEA Image Sensors market size, created by Mordor Intelligence™ Industry Reports. MEA Image Sensors size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of MEA Image Sensors Industry

Single User License

$4750

Team License

$5250

Corporate License

$8750

Book before:
Middle East and Africa Image Sensors Market Forecast
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 6.40 %
Market Concentration Medium

Major Players

Middle East and Africa Image Sensors Market Key Players

*Disclaimer: Major Players sorted in no particular order

setting-icon

Need a report that reflects how COVID-19 has impacted this market and its growth?

Single User License

$4750

Team License

$5250

Corporate License

$8750

Book before:

MEA Image Sensors Market Analysis

The Middle East and African Image Sensor Market is expected to grow by a CAGR of 6.4% during the forecast period (2021-2026). The growing requirement for better resolution cameras for security and surveillance in public areas and expanding mobile phone sector, particularly smartphones, is expected to drive the growth of the market over the projected period.

  • An image sensor is a device that allows the camera to convert light into electrical signals that can be interpreted by the device to create a high-resolution picture. All commercially available digital cameras use one of two possible technologies for the camera's image sensor: CCD or CMOS.
  • The common type of image sensor is a two-dimensional device that creates a digital picture from light intensity information captured through its sensor. The need for high-quality images, increasing consumer base for smartphones, tablets, and use in consumer electronics, are the key drivers which are making the Middle East and Africa Image Sensors market grow lucratively.
  • Although, the Complex manufacturing process of high-resolution image sensors and higher power consumption in CCD image sensors are the factors hindering the growth of the Middle East and Africa image sensors market. However, owing to a rise in consumer spending on technology in the Middle East and Africa. The consumer electronics segment is expected to hold the largest market share in the Image Sensors market.
  • Over the past two years, the global semiconductors and electronics industry witnessed diverse trends owing to the COVID-19 pandemic. The manufacturing and other heavy industries faced operational challenges due to restricted cash flow and various restrictions over the use of workforce in the industries; on the other hand, a severe impact on the supply chain was observed during the pandemic.
  • However, the demand for image sensors is expected to regain momentum with data center services, cloud computing, and other online supporting sectors gaining traction in the region, which is expected to drive the end-user spending of the CMOS Image Sensors market significantly over the near term future.

Middle East and Africa Image Sensors Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)