Explore the Advancements in Low Light Imaging Market and Its Applications

In 2022, the low-light imaging market size was USD 23,749 million, and it is projected to hit USD 51,466 million by 2030, progressing at a rate of 10.15% from 2022 to 2030, according to a research report by P&S Intelligence.

Because of Low Manufacturing Costs, CMOS Sensors Are Highest Revenue Generators

In 2022, the complementary metal-oxide semiconductor category held the largest revenue share, of above 60%. This is because of the CMOS sensors’ high-speed imaging, low production cost, resistance to smearing and blooming, and adaptability of the technique by which pixels are read and managed.

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Asia-Pacific Is Largest Buyer of Low-Light Imagers

APACs’ dominance on the market is projected to continue in the future, reaching USD 15,440 million by the end of the decade. This would be because of the high demand for these solutions in the electronics (majorly smartphones) and automotive industries.

For instance, Xiaomi introduced limited units of a new smartphone in China in July 2022. The smartphone consists of a 1-inch sensor protected with Leica glass. Xiaomi 12S Ultra’s main camera contains an 8P aspheric lens to tackle common issues in photography, such as chromatic aberration, flare, and ghosting. The phone also has an enhanced anti-glare lens coating, lens edge ink coating, infrared light filter with spin coating, and cyclic olefin copolymer material.

The growing use of imaging sensors in smartphones is fueling the industry advance. The cameras that are utilized in tablets require a higher resolution, longer range even in low brightness, and advanced frame rates, which generates the need for low-light imagers in the industry.