The global automotive image sensors market was valued at USD 3.02 billion in 2022 and is projected to reach USD 7.15 billion by 2030, expanding at a compound annual growth rate (CAGR) of 11.6% from 2023 to 2030. Market growth is primarily driven by rising consumer demand for enhanced vehicle safety features, prompting automakers to integrate an increasing number of image sensors into modern vehicles.
Image sensors play a critical role in supporting advanced vehicle functionalities such as blind-spot monitoring, parking assistance, pedestrian detection, and collision avoidance systems. The growing adoption of Advanced Driver Assistance Systems (ADAS) and the progression toward semi-autonomous and autonomous driving technologies are expected to further fuel demand for automotive image sensors throughout the forecast period.
Key Market Trends & Insights
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Market Size & Forecast
Competitive Landscape
The automotive image sensors market is highly competitive, with the presence of numerous global and regional players. Leading companies are actively pursuing strategic partnerships, product innovations, geographic expansions, and mergers & acquisitions to strengthen their market position.
For instance, in May 2023, Semiconductor Components Industries, LLC (onsemi)—a key player in intelligent power and sensing technologies—introduced the Hyperlux family of automotive image sensors. Featuring a 2.1 µm pixel size, industry-leading 150 dB ultra-high dynamic range (HDR), and advanced LED Flicker Mitigation (LFM) capable of operating across the full automotive temperature range, the Hyperlux platform is designed to support next-generation ADAS applications. Such advancements are expected to significantly contribute to market growth over the forecast period.
Prominent Companies
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Conclusion
The automotive image sensors market is poised for strong growth through 2030, driven by increasing vehicle safety regulations, rising consumer expectations for advanced safety features, and rapid advancements in imaging technologies. Continued innovation, strategic collaborations, and expanding ADAS adoption will remain key factors shaping the future of the market.