The total revenue generated by the low light imaging market was USD 23,749 million in 2022, and it will power at a rate of 10.15% by the end of this decade, for touching USD 51,466 million by 2030, as stated by a report by a market research company, P&S Intelligence.
The CMOS category dominated the industry with over 60% share. This is credited to its low cost of manufacturing, high-speed imaging, flexibility in the process by which pixels are read and processed, and resistance to smear and blooming.
CMOS also have features including, small size, low power consumption, faster frame rate, high noise tolerance, easy integration, and high-temperature stability, boosting the industry.
APAC low-light imaging market had the largest share, and it will consolidate its position by the end of this decade, with USD 15,440 million. This is owing to the high demand for these sort of solutions in more than a few electronics and automotive manufacturing companies located in APAC and the increasing acceptance of low-light image sensors by smartphone corporations.
The increasing use of smartphone imaging sensors is helping the market to power. It is also boosted by the by the increasing use of low-light imaging goods ascribed to the rising acceptance of sensor technology in tablets and smartphones.
It is because of the availability of various imaging technologies, the demand for low light imaging will be on the rise in the years to come.
