Data Bridge Market Research analyses that the Middle East and Africa Low-Light Imaging Market which was USD 5,739.00 million in 2022, is expected to reach USD 12,530.00 million by 2030, and is expected to undergo a CAGR of 13.70% during the forecast period of 2023 to 2030. “Complementary Metal-Oxide Semiconductor (CMOS)” dominates the technology segment of the Middle East and Africa low-light imaging market considering its advantage of low noise in comparison to CCD sensors, also individual amplification of pixel signals allows CMOS to operate at a higher speed.
Rising need for advanced security and surveillance solutions will emerge as the major market growth driving factor. Surging defence and military sectors in the MEA region, growing number of small and medium scale industries especially in the developing economies is driving factor for the growth of the market. However, lack of skilled workforce and technological expertise in underdeveloped and developing economies will act as a growth restraint for the market. Also, high threat of new entrants in the market will yet again hamper the market growth rate. Lack of strong infrastructural facilities in the backward economies, rising privacy and security concerns and growth in ad blocker solution adoption will also derail the market growth rate.
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Opportunity
- Rising Demand for Low-Light Imaging
Low-light imaging solutions find applications in various industrial sectors, such as manufacturing, quality control, and inspection. They can be used for tasks such as product inspection, machine vision, and monitoring of critical processes. Low-light cameras enable enhanced visibility in dimly lit environments, facilitating accurate analysis and decision-making
Some of the major players operating in the Middle East and Africa low-light imaging market are:
- Samsung Electronics Co., Ltd. (Samsung Group) (South Korea)
- Sony Corporation (Japan)
- Teledyne FLIR LLC (U.S.)
- STMicroelectronics N.V. (U.S.)
- Panasonic Corporation (Japan)
- Canon, Inc. (Japan)
- ON Semiconductor Corporation (U.S.)
- Hamamatsu Photonics K.K. (Japan)
- PixArt Imaging, Inc. (Taiwan)
- OmniVision Technologies, Inc. (U.S.)
Recent Developments
- In January 2023, Samsung has unveiled its new ISOCELL HP2 image sensor, featuring 200 million 0.6-micrometer pixels for high-end smartphones. The sensor utilizes pixel binding technology to adapt to low-light conditions, switching between 50MP and 12.5MP modes, while also supporting 8K video capture at 33MP resolution
- In January 2023, Panasonic Holdings Corporation has developed highly sensitive hyperspectral imaging technology using compressed sensing. This breakthrough enables the identification of subtle color differences, enhancing image analysis and recognition accuracy while maintaining the usability of conventional color cameras. The achievement was published in Nature Photonics in collaboration with imec, a Belgian research institute, marking the world's first demonstration of efficient hyperspectral imaging with compressed sensing
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Middle East and Africa Low-light Imaging Market Scope
Technology
- Complementary Metal-Oxide Semiconductor (CMOS)
- Charge-Coupled Device (CCD)
Application
- Photography
- Monitoring
- Inspection and Detection
- Security and Surveillance
Vertical
- Consumer Electronics
- Automotive
- Medical and Life Sciences
- Military and Defense and Industrial
- Commercial and Residential Infrastructure
Middle East and Africa Low-Light Imaging Market Regional Analysis/Insights
The countries covered in the Middle East and Africa low-light imaging market are South Africa, UAE, Egypt, Saudi Arabia, Israel and Rest of Middle East & Africa.
UAE dominates the Middle East and Africa low-light imaging market because of its rapid development in various sectors, including technology and infrastructure. With a focus on smart city initiatives, advanced surveillance systems, and a growing consumer electronics market. Saudi Arabia is expected to be the fastest growing country in the Middle East and Africa low-light imaging market due to Saudi Arabia's Vision 2030 initiative aims to diversify its economy and invest in various sectors, including technology. The country's investments in smart city projects, security, and industrial growth have driven the demand for advanced imaging solutions.
The country section of the report also provides individual market-impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points like downstream and upstream value chain analysis, technical trends, and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Middle East and Africa brands and the challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
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