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Image Signal Processors Market
An image signal processor is a processor that takes the raw data from a camera sensor and converts it into a workable image. The image signal processors are specially designed for various applications such as measurement of pattern and image recognition, noise reduction, auto white-balance & color correction, color interpolation, lens shading correction, defect pixel correction, gamma correction, and local tone mapping. Image signal processors provide the advanced features such as auto focus that automatically adjusts the sharpness of the image, which improves the image definition.
Image signal processors manufacturers and solution provider provides a wide range of imaging solutions and continues to enhance customers products with different product categories such as CCD image sensors, CMOS photonic sensors, processors and others. The providers of image signal processors solution are focusing on expanding their product portfolio by introducing new products for increasing customer satisfaction. For instance, In January 2019, Arm Holdings launched new generation of image signal processors the Arm Mali-C52 and Mali-C32 ISPs in response to the demand for real-time higher image quality in IoT devices.
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The COVID-19 pandemic outbreak has disrupted many industries, including the image signal processors market. Continuous development & implementation of image signal processing methods would be highly valuable for the enterprises to collect and analyze data in real time. The existing situation owing to the outbreak of the epidemic will inspire key players for ongoing development in field of image processing is expected to replace the traditional text with images, 3-D images and real time video.
The COVID-19 pandemic has impacted the production and supply-chains of the image signal processors in East Asia and South Asia & Pacific regions. Many manufacturers have halted production, or were operating with low production volumes, which as decrease the market growth, due to low end-user demands. However, with regards to the various applications of the image signal processors across various industries, the adoption has not been impacted much, and the market is expected to recover soon by Q1-Q2 2021.
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The growing need for image signal processors for image processing purpose in digital cameras and surge in the demand of enhanced images for better viewing experience, drives the image signal processors market. Image signal processor provides different benefits such as image sharpening, cost effective and faster image processing, embossing and edge detection, which are fueling the growth of image signal processors market.
Continuous developments and implementation of new technologies such as single instruction multiple data [SMID] and multiple instruction multiple data [MIMD] technology for various applications such as image sharpening & restoration, image retrieval, and visualization among others are creating opportunities for growth for the image signal processors technologies spending. The image signal processors offers different features such as a faster and cost-effective processing of images, hybrid autofocus, high quality, and automatic image stabilization (AIS). The reliability of such features is driving the growth of the image signal processors market.
Challenges
However, high initial cost depending upon the system, and restricted demand for the product across various countries is challenging the growth of image signal processors market. The lack of awareness regarding its functionality, and restricted development environment, among other factors are also hindering the growth of the global image signal processors market.
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Some of the prominent players providing image signal processors are ST Microelectronics, Fujitsu Limited, Intel Corporation, Sigma Corporation, Panasonic Corporation, Sony Corporation, Canon Inc., among others. These vendors are focusing more in their R&D investments to produce innovative products to fulfil new customer demands across various industries. They are also doing partnerships with other technology vendors to enhance product features.
By geography, the image signal processors market has been segmented into North America, Europe, Latin America, East Asia, South Asia & Pacific and Middle East & Africa. Among these regions, North America, Europe and East Asia together holds more than 75% of the global market shares, due to large presence of innovative image signal processors manufacturers in these regions. Countries like US, UK, China, Japan and others have high technology infrastructures, where such image processors widely deployed, and hence contributing to the market growth. Emerging countries of South Asia & Pacific such as Malaysia, India, Singapore and others are expected to grow at fastest growth rates, during the forecast period, due to the increasing adoption of image sensing and processing technologies in these regions.
The image signal processors market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The image signal processors market report also maps the qualitative impact of various market factors on market segments and geographies.
