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Image Sensor market growth to slow through 2010, say IC Insights |
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May 26, 2006 at 11:19 AM |
According to market research firm IC Insights, the image sensor market growth rate is expected to slow down over the coming years. The market has seen tremendous growth in the four years, experiencing a 62 percent CAGR, says IC Insights. Image sensor revenues are now projected to increase at 15 while unit volumes grow at a 20 percent CAGR between 2005 and 2010.
Image sensor shipments, which include charge-coupled devices (CCDs) and CMOS sensors will grow 31 percent this year, according to the research firm and reach 1.9 billion units worldwide. This means sales will grow 12 percent and pass $7 billion US dollars in revenues. Sales grew 11 percent in 2005 and reached $6.3 billion in revenues IC Insights reported.
In 2005, image sensor sales grew a little more than 11% to $6.3 billion with unit shipments rising 45 percent. The optoelectronics chapter of the O-S-D Report shows average selling prices (ASPs) collapsing by 24 percent in 2005 and then dropping another 15% in 2006.
CMOS image sensors have continued to gain market share against and are expected to account for 60 percent of sales in 2006 and reaching over 90 percent by 2008.
IC Insights noted that strong competitive pressures are eroding ASP's as well as the continued demand in entry level mobile phones for sub-megapixel VGA's. However 2006 should see 1.3Mpixel CMOS image sensor sales overtake VGA-resolution devices in camera phones and make up 45 percent of the market against VGA's 40 percent.
The move to larger mega-pixel sensors (23 to 5Mpixel) is expected to continue at the high-end mobile phone market but as with the migration to 2Mpixel will take several years to proliferate.

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