Global Electronic Shutter Technology Market was valued at US$ XX Mn in 2019 and is expected to grow at a CAGR of XX % to reach at US$ XX Mn. in forecast period.
Product Definition:
In photography, a shutter is generally used to allow light to pass for a determined period. They are also used to allow pulses of light to pass outwards in movie projector or signal lamp. Shutter speed of 1/32000 sec can be obtained. In digital cameras an image is captured by converting the light from an object into an electronic signal at the photosensitive area (photodiode) of a solid-state CCD or CMOS image sensor. The amount of signal generated by the image sensor is directly proportional to the amount of light that falls on the imager, in terms of both intensity and duration. Therefore digital cameras require some form of shutter to control exposure to the light and this is achieved by electronics shutter. Electronic shutter technology has replaced conventional, mechanical shutters in cameras and also reduced chances of blurring. Lack of noise and greater reliability are the features provided by the electronic shutter. CCD sensors as their resolution is relatively lower than CMOS sensors are mainly used in commercial applications such as CCTV cameras and CMOS sensors are widely used in consumer electronics such as smartphones, where higher resolution and higher sensitivity to light is required.
The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.
Global electronic shutter technology market Dynamics:
The major growth drivers of electronic shutter technology market are growing market of smartphones and tablets, demand for high resolution in digital cameras and usage of image sensors in biometric systems among others.
The technological advancement has led to a higher rate of adoption of electronic shutter components in several electronic devices to be used in different end-user industries including retail, and the automotive industry.
The global digital camera market reached a value of US$ 16.6 Billion in 2019 and is expected grow at a faster CAGR during forecast period, this fact is creating a space for shutter market. The introduction of premium smartphones with high-resolution lenses are benefiting the market growth. The widespread use of smartphone cameras, CCTV security cameras and drones for civilian as well as military purposes are likely to drive the global electronic shutter market. The best long-term growth opportunities for this sector can be captured by ongoing process improvements and financial flexibility to invest in the finest strategies.
However technical limitations and competent technology are the factors expected to restrain the market growth during the forecast period. The complexity in the design especially in CCTV cameras and the devices using CCD shutter is seeking for a notable investment in R&D.
Global electronic shutter technology market, Segmentation Analysis:
CMOS sensors are gaining traction over other technologies.
Higher Sensitivity due to the latest pixel architecture, Lower dark noise, Pixel well depth and Lower Power consumption are some of the factors associated with growing adoption of CMOS sensors.
CMOS sensors offer a higher resolution and frame rate, prompting their use in applications where image quality is a crucial factor. CMOS sensors are widely used in consumer electronics such as smartphones, where their higher resolution and higher sensitivity allows them to take better pictures. CMOS sensors are also used in drones and medical monitoring due to their lower power consumption, simpler design, and higher resolution.
North America is expected to dominate the global electronic shutter technology market with the largest market share.
North America has always been at the forefront of new technologies and innovation. High consumer awareness towards advanced security and surveillance system is expected to drive the market in the region over the forecast period. Leading players to initiate R&D programs in the region as advanced research into optics and image sensing is representing the world. The usage of drones for civilian as well as military purpose, presence of major key players in the region and technological awareness are the major factors driving the market in the region.
Industrial development:
Himax Imaging Inc. has announced in January, 2016 about its new development “Always On” image sensors. These sensors have various computer vision capabilities such as feature extraction, sensing, gesture recognition and object tracking.
Panasonic Corporation has done an announcement in February, 2016 about its new CMOS sensors with a global shutter which provides dynamic range and efficient light sensitivity.
In February 2018, Sony Corporation developed 1.46-megapixel CMOS image sensors equipped with global shutter functions. These new sensors operate at low current and have compact A/D converters which instantly process all the analog signals from exposed pixels to parallel digital signals and store them into digital memory. This architecture helps in eliminating the focal plane distortions for providing global shutter function.
The objective of the report is to present a comprehensive analysis of Global Electronic shutter technology market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market are presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Electronic shutter technology market dynamics, structure by analyzing the market segments and project the Global Electronic shutter technology market size. Clear representation of competitive analysis of key players by Type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Electronic shutter technology market make the report investor’s guide.
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The Scope of Global electronic shutter technology market:
Global electronic shutter technology market, By Technology
• CMOS sensors
• CCD sensors
Global electronic shutter technology market, By Application
• Consumer electronics
• Broadcast
• Automotive
• Retail
• Government
• Surveillance
• Others
Global electronic shutter technology market, by Region
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Global electronic shutter technology market, key players
• Sony Corporation
• Himax Technologies Inc.
• Galaxycore Inc.
• SK Hynix Inc.
• OmniVision Technologies Inc.
• Samsung
• Toshiba Corporation
• Canon Inc.
• Panasonic Corporation
• Apple Inc.
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The global electronic shutter technology market is growing at a rapid pace.
Global Electronic Shutter Technology Market- Competitive Landscape Highly competitive, the global electronic shutter technology market appears fragmented due to the presence of several key players.
They incorporate strategic approaches, such as mergers & acquisitions, expansion, collaboration, and product & technology launch, to gain a larger competitive share.
Major Players: Himax Technologies Inc. (Taiwan), Sony Corporation (Japan), Galaxycore Inc. (China), OmniVision Technologies Inc. (US), SK Hynix Inc. (South Korea), Samsung (US), Canon Inc. (Japan), Toshiba Corporation (Japan), Panasonic Corporation (Japan), and Apple Inc. (US), among others.
Global Electronic Shutter Technology Market- Regional Analysis North America leads the global electronic shutter technology market.
Factors such as the presence of major manufacturers such as SK Hynix, Samsung, Toshiba, and Panasonic, who increasingly bring advanced electronic shutter technologies, drive the regional market growth.
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