This year, CMOS image sensor revenues will grow 19% to $22.8 billion which will be a 10th consecutive record-high level for worldwide sales since 2010 (Figure 1)
IC Insights’ report shows automotive systems being the fastest growing application for CMOS image sensors in the next five years, with sales rising by CAGR of 33.8% to reach $5.1 billion in 2025.
After that, the highest sales growth rates in the five-year forecast are: medical and scientific systems (a CAGR of 26.4% to $1.8 billion); security (a CAGR of 23.2% to $3.2 billion); and industrial, including robots and the IoT (a CAGR of 21.8% to $3.5 billion).
CMOS image sensor sales for cellphones—the largest end-use application—are forecast to grow by a CAGR of 6.3% to $15.7 billion in 2025, or about 47% of the market total versus 61% in 2020 ($11.6 billion).
5G smartphones, machine vision, and more embedded cameras will drive up CMOS image sensor sales to record high levels through 2025, says new O-S-D report.
With the global economy expected to regain momentum in 2021 and more digital cameras being designed into systems—including new 5G smartphones and machine-vision applications, sales of CMOS image sensors are projected to increase by a CAGR of 12.0% during the O-S-D Report’s five-year forecast period, reaching $33.6 billion in 2025.
Total shipments of CMOS image sensors are forecast to grow by a CAGR of 14.9% to 13.5 billion units in 2025 compared to 6.7 billion in 2020.