Opto, sensors chip markets are at record highs

November 26, 2019 //By Peter Clarke
Opto, sensors chip markets are at record highs
The overall chip market is in the midst of a slowdown but several product categories in the optoelectronics, sensors and discrete semiconductor sector are expected to set a record high market value in 2019 and then gradually strengthen in 2020 and 2021.

That's according to market research firm IC Insights.

The inhibiting effect of the US-China trade war will limit growth of the combined OSD market in 2019 to 1 percent, a market of $83.5 billion. That would be a tenth consecutive year of growth for the market. It comes after rises of 9 percent in 2018 and 11 percent in 2017, according to IC Insights. IC Insights believes O-S-D products will account for about 19 percent of total worldwide semiconductor sales in 2019 with integrated circuits representing 81 percent of the entire chip market this year.

Record-high sales are expected in sensor and actuator products made with microelectromechanical systems (MEMS) technology and in total sensors this year.

Optoelectronics sales are expected to increase by about 3 percent in 2019 to $41.5 billion, with strong growth in CMOS image sensors and laser transmitters offsetting declines in light-emitting diodes (LEDs), optical couplers, charge-coupled device (CCD) image sensors, infrared devices, and other products in this market segment.

Sensor/actuator sales are projected to be up by 1 percent in 2019 to $14.9 billion. Is this market heavy price erosion is cancelling out double-digit percentage growth in unit shipments this year. The discrete chip market is forecast to drop 1 percent in 2019 to $27.1 billion with power transistors being the only product category in this segment growing in the year.

Related links and articles:

www.icinsights.com

News articles:

ST climbs in OSD: opto, sensors, discretes ranking

CMOS image sensor market keeps on growing

Growth of OSD component markets to ease in 2018


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