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Optical Image Stabilizer (OIS) Market Size
- Report ID: GMI11954
- Published Date: Oct 2024
- Report Format: PDF
Optical Image Stabilizer Market Size
The global optical image stabilizer (OIS) market size was valued at USD 12.3 billion in 2023 and is estimated to grow at a CAGR of 8.7% from 2024 to 2032. Consumer demand for high-quality photography and videography is fueling the progression of the industry.
As the capabilities of smartphone cameras, digital cameras, and action cameras advance, users increasingly expect stable and clear images, even in challenging conditions. OIS technology effectively minimizes blurring caused by camera shakes, leading to superior image and video quality. This improvement drives up the demand for devices equipped with OIS, as consumers seek to enhance their imaging experiences.
Advancements in camera technology are significantly propelling the Optical Image Stabilizer (OIS) market forward. Modern imaging systems, particularly in professional and industrial applications such as medical imaging, aerospace, and security, increasingly integrate advanced OIS mechanisms to enhance stabilization and overall image quality. These applications demand precision and clarity, making OIS a critical component in achieving superior imaging performance.
| Report Attribute | Details |
|---|---|
| Base Year: | 2021 |
| Optical Image Stabilizer Market Size in 2021: | USD 12.3 Billion |
| Forecast Period: | 2023 |
| Forecast Period 2023 CAGR: | 8.7% |
| 2023 Value Projection: | USD 25.8 Billion |
| Historical Data for: | 2021–2023 |
| No. of Pages: | 172 |
| Tables, Charts & Figures: | 240 |
| Segments covered: | Product Type, Technology, Application |
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Optical Image Stabilizer Market Scope
