Newswire Today: Electronics.ca announces a new report titled "Image Sensors Market Report". According to the report, Asia Pacific region is the largest single region by sales with $3.3B projected for 2010 and average growth of 10% annually through 2015. Korean and Taiwanese suppliers are gaining in market share, especially for camera phones.
Japan has traditionally dominated image sensor production, and still manufactures over 90% of the world's CCDs. Japan will remain the second largest region for production with $2.2B in revenue expected for 2010.
The Americas' share of the image sensor market has jumped from 3% in 2007 to over 12% in 2010. This jump is likely the result of some large image sensors supplier recording revenue for sales to a different region in 2007, and now recording it in the Americas region, either due to a relocation of manufacturing, or a reclassification in the region originally credited for the sale to better reflect where the products were actually shipped.
Europe is currently the smallest region by sales with $416M in revenue and 6% of the total market projected for this year.
Looking at the bigger picture, the whole optoelectronics market is $22.5B this year and is expected to reach $37B by 2015. Segments within this category include Image Sensors, Lamps, Displays, Couplers, Infrared Devices, Laser Pickups, Laser Transmitters, and Other Optoelectronics. Lamps (LEDs) constitute the majority share of the world's optoelectronics revenue with 33% share, followed by image sensors with 30% share.
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