Economic recovery from the fallout of the Covid-19 pandemic, new 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.
The high-flying market for CMOS image sensors hit a speed bump in 2020 with the global outbreak of the Covid-19 virus crisis significantly cutting sales growth in this large optoelectronics product category to 3% last year compared to an annual average of nearly 16% since 2010, according to IC Insights’ new 2021 O-S-D Report—A Market Analysis and Forecast for Optoelectronics, Sensors/Actuators, and Discretes. The new 350-page O-S-D Report forecasts that CMOS image sensor revenues will regain strong high-growth momentum in 2021, climbing 19% to $22.8 billion, which will be a 10th consecutive record-high level for worldwide sales since 2010 (Figure 1).
Figure 1
