Yole: Image Sensor Market Keeps Growing, Defies Coronavirus Troubles

i-Micronews: At the end of 2019, the CIS price rose of nearly 10% because of production reaching maximum worldwide capacity.

"Even though the COVID-19 lockdown led to a drop in smartphone shipments, the demand for mobile camera modules will maintain a 7% year-over-year (YoY) growth in 2020. In the COVID-19 situation, no evident substantial impact on the CIS supply chain has been identified, including on the purchase of raw materials by giant players. The overall impact will be slower growth this year, with respect to the 25% YoY growth last year.

Demand from mobile devices will keep thriving. The overall attachment rate for CIS cameras per phone will move beyond 3.4 in 2020. Also, the growth rate for CIS attachment is still expected to be over 10% in the automotive space. The short term impact of COVID-19 has led to a substantial decrease of car production in the range of -30%. The end point for 2020 is very uncertain, and the long-term horizon is at best flat. The downturn in car production will be mitigated by increased attachment rates for automotive cameras. Looking at all markets the demand is still growing. The expansion of investment in CIS and capacity transition from DRAM to CIS continues for most players."