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  Date: 08/11/2012

Opto-sensor-discrete semiconductor market to grow only by 2% in 2012

IC Insights has reported with revenue growth in electronics systems manufacturing slowing to 3% in 2012 from a more-normal 6% increase in 2011, most O-S-D product categories have weakened. As shown in Figure 1, sequential quarterly sales growth in the O-S-D market continues to drift lower while the global economy struggles to regain its footing and fully recover from the 2008-2009 recession.

Smart Phone


Other findings reported by IC Insights:
The steady falloff has caused IC Insights to lower its 2012 O-S-D market forecast to 2% growth from a 7% increase projected early this year. The new forecast means total O-S-D sales are now expected to reach a record-high level of $58.2 billion in 2012 compared to the current annual peak of $57.4 billion set in 2011.

Optoelectronics is propping up overall O-S-D sales growth in 2012. Revenues for optoelectronics are now forecast to rise by 8% to reach a new record high of $27.5 billion in 2012, thanks to strong sales growth in lamp devices (+18%) driven by new solid-state lighting applications and CMOS image sensors (+21%) used in more digital cameras for smartphones, tablet computers, surveillance networks, and other equipment. Sales of sensors and actuator devices are now projected to rise by just 2% in 2012, but that will set a new record high of $8.7 billion, while the commodity-filled discretes segment is expected to fall 6% to $22.0 billion. When the three O-S-D segments are combined with IC sales (now projected at $259.4 billion), the total semiconductor market is forecast to be $317.6 billion in 2012, a 1% decline from 2011.

With electronics systems manufacturing beginning to strengthen and the global economy forecast to show some improvement in 2013, IC Insights is forecasting modest revenue growth in all three O-S-D market segments. Optoelectronics revenues are projected to grow 7% in 2013 to $29.3 billion, while dollar volumes in the sensors/actuators segment are forecast to rise 10% to about $9.6 billion, and sales of discretes are expected to rebound by 5% to reach $23.1 billion.
Author: Srinivasa Reddy N
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