CMOS image sensors on a 19% growth hike

This year, CMOS image sensor revenues will grow 19% to $22.8 billion which will be a 10th consecutive record-high level for worldwide sales since 2010 (Figure 1)

 

CMOS image sensors on a 19% growth hike

IC Insights’ report shows automotive systems being the fastest growing application for CMOS image sensors in the next five years, with sales rising by CAGR of 33.8% to reach $5.1 billion in 2025.

After that, the highest sales growth rates in the five-year forecast are:  medical and scientific systems (a CAGR of 26.4% to $1.8 billion); security (a CAGR of 23.2% to $3.2 billion); and industrial, including robots and the IoT  (a CAGR of 21.8% to $3.5 billion).

CMOS image sensor sales for cellphones—the largest end-use application—are forecast to grow by a CAGR of 6.3% to $15.7 billion in 2025, or about 47% of the market total versus 61% in 2020 ($11.6 billion).

5G smartphones, machine vision, and more embedded cameras will drive up CMOS image sensor sales to record high levels through 2025, says new O-S-D report.

With the global economy expected to regain momentum in 2021 and more digital cameras being designed into systems—including new 5G smartphones and machine-vision applications, sales of CMOS image sensors are projected to increase by a CAGR of 12.0% during the O-S-D Report’s five-year forecast period, reaching $33.6 billion in 2025.

Total shipments of CMOS image sensors are forecast to grow by a CAGR of 14.9% to 13.5 billion units in 2025 compared to 6.7 billion in 2020.