© IC Insights Components | September 09, 2019
CMOS image sensors stay on stairway to record revenues
Economic slowdown and U.S.-China trade war will not stop CMOS image sensors from continuing their string of record sales and shipments going back to 2011, says report.
Despite an expected slowdown in growth this year and in 2020, the CMOS image sensor market is forecast to continue reaching record-high sales and unit volumes through 2023 with the spread of digital-imaging applications offsetting weakness in the global economy and the fallout from the U.S.-China trade war. CMOS image sensor sales are projected to rise 9% in 2019 to an all-time high of $15.5 billion, followed by a 4% increase in 2020 to $16.1 billion (Figure 1), according to IC Insights. IC Insights is forecasting an 11% rise in CMOS image sensor shipments in 2019 to a record-high 6.1 billion units worldwide, followed by a 9% increase in 2020 to 6.6 billion when the global economy is expected to teeter into recessionary territory, partly because of the tariff-driven trade war between the U.S. and China. In 2018, CMOS image sensor revenue grew 14% to $14.2 billion after climbing 19% in 2017. CMOS image sensor sales have hit new-high levels each year since 2011 and the string of consecutive records is expected to continue through 2023, when sales reach $21.5 billion, according to the 350-page O-S-D Report. Worldwide shipments of CMOS image sensors also have reached eight consecutive years of all-time high levels since 2011 and those annual records are expected to continue to 2023, when the unit volume hits 9.5 billion, based on the O-S-D Report forecast. China accounted for about 39% of all image sensors purchased in 2018 (not counting units bought by companies in other countries for system production in Chinese assembly plants). About 19% of image sensors in 2018 were purchased by companies in the Americas (90% of them in the U.S.), according to IC Insights’ report. Camera cellphones continue to be the largest end-use market for CMOS image sensors, generating 61% of sales and representing 64% of unit shipments in 2018, but other applications will provide greater lift in setting annual market records in the next five years. The O-S-D Report shows automotive systems being the fastest growing CMOS image sensor application, with dollar sales volume rising by a compound annual growth rate (CAGR) of 29.7% to $3.2 billion in 2023, or 15% of the market’s total sales that year (versus 6% in 2018). After that, the highest sales growth rates in the next five years are expected to be: medical/scientific systems (a CAGR of 22.7% to $1.2 billion); security cameras (a CAGR of 19.5% to $2.0 billion); industrial, including robots and the Internet of Things (a CAGR of 16.1% to $1.8 billion); and toys and games, including consumer-class virtual/augmented reality (a CAGR of 15.1% to $172 million). CMOS image sensor sales for cellphones are forecast to grow by a CAGR of just 2.6% to $9.8 billion in 2023, or about 45% of the market total versus 61% in 2018 ($8.6 billion). Revenues for CMOS image sensors in PCs and tablets are expected to rise by a CAGR of 5.6% to $990 million in 2023, while sensor sales for stand-alone digital cameras (still-picture photography and video) are projected to grow by a CAGR of only 1.0% to $1.1 billion in the next five years.
More information can be found at IC Insights.
More information can be found at IC Insights.
ROHM and Leadrive establish a joint laboratory ROHM and Leadrive Technology, a Chinese manufacturer of automotive powertrain for new energy vehicles, have already held the opening ceremony for their joint laboratory on SiC technology in the China (Shanghai) Pilot Free Trade Zone (Lingang New Area).
Imagination announces latest licensing deal with NXP Imagination Technologies says that NXP has extended its license for Imagination’s Ethernet Packet Processor (EPP) IP for use in S32 vehicle network processors.
Synaptics to buy rights to Broadcom’s Wireless IoT connectivity business Synaptics Incorporated has signed definitive agreements under which Synaptics will acquire certain assets and manufacturing rights associated with the wireless IoT business of Broadcom for approximately USD 250 million in an all-cash transaction.
Apple to start mass producing Mac SoC, projected to cost under US$100 According to the latest investigations by TrendForce, Apple officially unveiled its self-designed Mac SoC processors based on the ARM architecture in June, with the market release of the first Mac device with Apple Silicon (which broadly refers to chips designed by Apple) scheduled to take place by the end of this year.
Mini LED supply chain to benefit from Apple’s new 12.9-inch iPad Pro As Apple’s upcoming release of products featuring Mini LED backlight generates a growth in Mini LED demand, the company has also stimulated actors in the Mini LED supply chain to increase their production capacities.
National Instruments completes acquisition of OptimalPlus NI has officially closed the acquisition of OptimalPlus, a data analytics software provider for the semiconductor, automotive and electronics industries.
LeddarTech acquires VayaVision LeddarTech has acquired sensor fusion and perception software company VayaVision.
ON Semi to provide Danfoss with high power devices ON Semiconductor will supply Danfoss Silicon Power with high power IGBTs and diodes for inverter traction modules in the fast growing electric vehicle market.
X-FAB hit by cyber attack On the fifth of July, the mixed signal foundry expert, was the target of a cyber security attack.
UK and France on the map for Huawei Back in 2018, Huawei acquired 500 acres of land in Cambridge. Now the first phase of the Huawei Campus was approved by the local council and the company is gearing up to start the expansion. Adding to that, in late February, the Chinese telecom giant said it intends to build an automated factory will focus on 4G and 5G equipment in France.
Jenoptik is looking to accelerate growth with acquisition of TRIOPTICS Jenoptik is acquiring 100% of the shares in TRIOPTICS GmbH, a supplier of test equipment and manufacturing systems for optical components and sensors.
Global microelectronics market with overall stable development "Although the growth path of the global microelectronics market is intact, on a long-term trend-line, it declined by 12.1 percent to USD 412 billion in 2019," said Dr. Sven Baumann, ZVEI expert for microelectronics, sensors and actuators.
Jörg Doblaski takes on the role of X-FAB CTO X-FAB Silicon Foundries announced the appointment of Jörg Doblaski as its new Chief Technology Officer (CTO). He fills the role of former CTO Dr. Jens Kosch, who is becoming an X-FAB Fellow and will serve as an adviser to the company’s CEO Rudi De Winter.
GaN and SiC power semiconductor markets set to pass $1 billion mark in 2021 The emerging market for silicon carbide (SiC) and gallium nitride (GaN) power semiconductors is forecast to pass USD 1 billion in 2021, energised by demand from hybrid & electric vehicles, power supplies, and photovoltaic (PV) inverters.
POET and Sanan IC Inks LoI to form $50 million JV The proposed JV aims to disrupt the data center market using the POET Optical Interposer to achieve superior economics and scale.
SG Wireless designates Digi-Key as authorised distributor for the US SG Wireless, the IoT solutions arm of EMS provider Season Group, has added Digi-Key as an authorised distributor of its IoT products for the US.
Kioxia completes acquisition of LITE-ON Technology’s SSD business Kioxia Holdings Corporation says it expects to complete its acquisition of LITE-ON Technology Corporation’s Solid State Drive (SSD) business, Solid State Storage Technology Corporation and its affiliated companies on July 1, 2020.
II-VI licenses technology for SiC devices and modules for power electronic II‐VI Incorporated has singed an agreement with General Electric to license GE's technology to manufacture silicon carbide (SiC) devices and modules for power electronics.
Dialog Semi completes its acquisition of Adesto Dialog Semiconductor says it has completed the acquisition of Adesto Technologies Corporation (Adesto)), a provider of custom ICs and embedded systems for the IIoT market.
Changes in NAND Flash Prices to Be Limited in 3Q20 Despite the reduced demand for consumer electronics and smartphones as a result of the COVID-19 pandemic, the NAND Flash market showed a short supply in 1H20, thanks to the corresponding rising demand for cloud services and distance education, as well as increased inventory procurement by some clients concerned with a possible breakage in the supply chain.
USI breaks ground on its new Huizhou manufacturing facility The electronics designer and manufacturer is looking to reinforce its foundation in Southern China and is doing so by adding a new manufacturing facility in Huizhou (Guangzhou, China).
R&M opens U.S. production facility The 10,000-square-foot facility in Elkridge, Maryland aims to services U.S. East Coast, Southern and Midwestern customers with consulting, production, support, and rapid delivery.
Osram: Slight recovery after weak 3rd quarter expected Osram Licht AG expects for the fiscal year 2020 a comparable revenue decline of -15 to -19 percent (previously:-3 and +3 percent), an adjusted EBITDA margin of 3 to 6 percent (previously: 9 to 11 percent) and a negative free cash flow in the mid double digit to lower triple digit million range.
Taiwan edges South Korea as largest base for IC wafer capacity China capacity expansion forecast to push the country into second place in the regional rankings in 2022, trailing only Taiwan in size.Load more news
- A new EMS provider sees the light of day
- Global microelectronics market with overall stable development
- GaN and SiC power semiconductor markets set to pass $1 billion mark in 2021
- Germany amps up domestic battery production with massive state subsidies
- ABB completes divestment of Power Grids to Hitachi