IC Insights analysts predict steady growth of the market of image sensor type CMOS in the coming years
Experts of the analytical company IC Insights is confident that the market for image sensors of the CMOS type in the coming years will continue to grow rapidly. It is expected that this year growth will be 9%, but the absolute figure will be a record high for the seventh consecutive year, reaching 11.5 billion dollars.
The average annual growth for the period up to 2021 is projected to equal 8.7 percent. If this forecast is justified, in 2021, the volume of market in monetary terms will reach 15.9 billion dollars.
Share sensors for smartphones, which amounted to 67% of the market in 2016, and by 2021 will be reduced to 47%, as this segment will grow slowly — only 2% per year. However, according to analysts, the slowdown will be offset by success in other segments, including sensors for CCTV cameras, machine vision, virtual reality, wearable devices, medical devices and car cameras. While the largest increase — 48% — is expected in the automobile segment.
Source: IC Insights