Technavio Market Report

BusinessWire: Technavio publishes a report on global optoelectronics market, expected to grow at a CAGR of close to 17% over 2017-2021. Technavio compares image sensor market size with other optoelectronic components:

In some parts, Technavio report looks like coming from a time capsule from 15 years ago:

"CCD image sensors were the first high-quality image sensors, which were initially used in cameras. They are being replaced by CMOS sensors gradually in every application. Though CCD sensor is superior in factors like light sensitivity, quality, and noise, CMOS image sensors have low power consumption and low manufacturing cost, leading to their increased adoption. So, in the future, CCD sensors are likely to be replaced entirely by CMOS sensors.

The growing advances in the image sensors are attributed to their increasing implementation in several imaging devices such as camera modules for consumer electronic devices and digital cameras."