CMOS Image Sensor market forecasted to see 5.7% CAGR upto 2025

With the camera everywhere trend, CMOS Image Sensor (CIS) market to see continuous growth for some more years. Mobile phone is the key driving factor of this market. With the growth of use of CMOS image sensors per smart phone from 2 to 3 or 5, and also due to overall unit growth of smart phones, they are becoming important market for CMOS image sensors. Security surveillance and automotive are also adding to the growth of CMOS image sensor market. Market researcher Yole estimates CIS with a share of 5 .1% in the total global semiconductor sales in 2021 to grow 5.7% CAGR up to 2025. COVID19 has not affected this market. Yole's outlook for the year 2020 to remain at US$20.7 billion with a reduced YoY (%) growth at 7% instead of the 25% bubble from last year. In 2019 according to Yole, Sony is ranked number one in this market with a market share of 42%, followed by Samsung with 21% and Omnivision with 10%. The vendors based out of China are also showing good growth. STMicroelectronics is rated as fourth biggest vendor in this market. “We will still see growth in 2020,” announces Pierre Cambou, Principal Analyst, Imaging at Yole Développement (Yole). “The CIS industry has been pushed by a combination of high demand and high prices due to capacity limitations.” Pierre Cambou adds “ imaging and sensing applications are thriving in most markets and there is no reason for ...