European CMOS image sensors market is estimated to grow at a CAGR of 7.8% during the forecast period.  Europe is home to various major automotive companies and represents a significant share of the global automotive industry which has significantly contributed to the market growth. EU 15 & EFTA (European Free Trade Association) has registered around 18.2 million vehicle sales in 2018. The major automotive players have their headquarters in Europe including Volkswagen, Daimler, BMW, Robert Bosch, Peugeot, Renault, Volvo, Continental AG and so on. These companies are developing new technology continuously for the rapid advancement of the vehicle by the introducing various technologies including using CMOS image sensors in various automotive applications such as ADAS, self-driving vehicles and many others for vehicle collision warning, land detection among others.

The European CMOS image sensors market is segmented on the basis of technology and end-user industry. Based on the technology the market is bifurcated into front side illumination (FSI) and backside illumination (BSI). On the basis of end-user, the market is divided into automotive, consumer electronics, industrial, security & surveillance, healthcare and others such as aerospace & defense.  Some of the major players operating in the European CMOS image sensors include Panasonic Corp., Sharp Corp., Canon Inc., STMicroelectronics N.V., Hamamatsu Photonics K.K., Samsung Electronics Co., Ltd, and others. These players adopt various strategies to capitalize on market growth opportunities. 

Mergers and acquisitions, product launch, geographical expansion, and partnerships and collaborations are some of the strategies that are majorly adopted. For instance, in January 2020, STMicroelectronics International N.V. launched, a system-on-chip (SoC) for connecting smart devices to the IoT using long-distance wireless connections. This product allows product developers to create devices such as remote environmental sensors, meters, trackers, and process controllers that aid in efficiently manage energy and resources.

Research Methodology

The market study of the European CMOS image sensors market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report is intended for Smartphone manufacturers, component manufacturers, image sensor manufacturers, raw material suppliers, third-party distributors, electronic component manufacturers, system integrators, potential investors and venture capitalists, and other market participants for the overall market and competitive analysis. The report provides an in-depth analysis of the market size and future market opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for making better business decisions. 

Market Segmentation

1. European CMOS Image Sensors Market Research and Analysis by Technology

2. European CMOS Image Sensors Market Research and Analysis by End-User

The Report Covers

• Comprehensive research methodology of the European CMOS Image Sensors Market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the European CMOS Image Sensors Market.
• Insights about market determinants which are stimulating the European CMOS Image Sensors Market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.