Saturday, October 07, 2017

BCC Research on Image Sensor and LiDAR Markets

GlobeNewsWire: BCC Research forecasts the LiDAR market to reach $4.5b by 2022 with CAGR of 24.0%. Driverless cars and ADAS are expected to see the most growth in LiDAR use, with average annual market expansion through 2022 projected to be at 29.2%.

BCC Research on Global Market for CMOS and CCD Sensors estimates the market to more than double in 2017-2022, from $13.9b in 2017 to $30.3b by 2022, with a 16.9% CAGR.

The report has a number of interesting claims:

"End users of CCD and CMOS sensors include the aerospace, healthcare, surveillance and security, and consumer electronics sectors. End users in aerospace held the largest market share in 2016, valued at $3.9 billion, a position the sector should retain through 2022.

CCDs offer advantages over CMOS sensors, such as sensitivity, freedom from geometric distortion and superior signal-to-noise ratio.

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