Opto, sensor, and discrete semiconductor market update; 1% growth in 2013
IC Insights, which regularly does the market analysis of optoelectronics, sensor/actuator and discrete semiconductor market has announced its latest findings of this market for year 2013. Below are the key findings shared by IC Insights.
Several years after a strong recovery from the 2008-2009 downturn, the market for optoelectronics, sensors/actuators, and discrete semiconductors (O-S-D) is bumping and grinding its way toward another all-time peak in total sales this year. But just like last year, O-S-D sales growth in 2013 has been anemic and struggling to maintain momentum on a quarterly basis. See figure below.
Due to ongoing uncertainty about the weak global economy, price erosion in key product categories, and low inventory levels at cautious system makers, total O-S-D sales are now expected to grow slightly less than 1% in 2013 to $58.6 billion after rising just 1% in 2012 to the current annual peak of $58.2 billion. These back-to-back annual sales increases of about 1% are nearly seven percentage points below the O S-D market’s compound annual growth rate (CAGR) of 7.8% over the past 15 years (1997-2012). The growth rate for O-S-D sales this year is also substantially below the total IC market, which is expected to rise by approxima...
Due to ongoing uncertainty about the weak global economy, price erosion in key product categories, and low inventory levels at cautious system makers, total O-S-D sales are now expected to grow slightly less than 1% in 2013 to $58.6 billion after rising just 1% in 2012 to the current annual peak of $58.2 billion. These back-to-back annual sales increases of about 1% are nearly seven percentage points below the O S-D market’s compound annual growth rate (CAGR) of 7.8% over the past 15 years (1997-2012). The growth rate for O-S-D sales this year is also substantially below the total IC market, which is expected to rise by approxima...
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