IMAGE BESTCIS market to exceed $30B by 2027AMMJENACIONAL
Optics.org news: https://optics.org/news/13/9/18 13 Sep 2022 Yole Intelligence says that Sony is looking to consolidate its leading position as the market begins a new growth cycle. Analysts at Yole Intelligence, the France-based research market company, are predicting that the market for CMOS image sensors is about to begin a new phase of growth - and will be worth more than $31 billion by 2027. If correct, it would represent a compound annual growth rate (CAGR) of nearly 7 per cent, with the sector recovering from a slump caused by US sanctions on Chinese vendors. That rate of growth is expected to be propelled primarily by applications in smart phones - the largest single end market for the devices - as well as emerging use cases in the automotive sector and security imaging. Solid growth Yole says that the market for CMOS image sensors grew nearly 25 per cent in 2019 - with buyers partly responsible for creating a bubble as they stockpiled devices in advance of those sanctions...