CMOS Image Sensor market: $30Billion plus by 2027 at 6.7% CAGR

Market Researcher Yole reports from its latest findings, the CMOS Image Sensor (CIS) industry revenue to reach $31.4 billion in 2027, with a 6.7% CAGR between 2021 and 2027. Other findings shared by Yole includes: In 2021, the CIS market bottomed out at 2.8% YoY growth, reaching US$21.3 billion and starting a new growth cycle. This is the slowest YoY growth in a decade, following the 24.8% in 2019 and 7.3% in 2020. After a bubble caused by CIS stockpiling as a consequence of U.S. sanctions against major China based companies, the market has now stabilized. Full-year 2021 revenues reached US$21.3 billion, thanks to the fourth quarter being the best ever for CIS production. A new growth cycle is now expected, supported by opportunities in mobile and other markets such as automotive and security imaging. Yole Intelligence, part of Yole Group expects that in the coming years the CIS industry growth will at least match the general semiconductor growth rate, reaching US$31.4 billion by 2027 with a 6.7% CAGR . Senior Technology & Market Analyst at Yole Intelligence The CIS ecosystem is still dominated by historical leaders. Sony, Samsung, OmniVision, and STMicroelectronics are all strong players in mobile and consumer markets. As a consequence of COVID-19 and the US Huawei ban, Sony’s market share faltered in 2021. That allowed its competitors to raise their game and p...