Industry analysts IC Insights report that CMOS image sensor sales will be at an eighth straight record-high level this year, with worldwide revenues growing 10% to $13.7 billion. This comes after a 19% increase in 2017.
The growth is due to a spread of digital camera applications to vehicles, machine vision, human recognition and security systems, but demand is also driven by more advanced smartphone cameras using multiple sensors.
Smartphone cameras accounted for 62% of CMOS image sensor sales in 2017, but this number is forecast to decrease to 45% in 2022 as demand in other sectors, such as automotive, is expected to grow faster.
Overall, CMOS image sensors accounted for 89% of total image sensor sales in 2017 by value. This is a noticeable increase from 74% in 2012 and 54% in 2007. In terms of units shipped, CMOS imagers represented 81% of all image sensors sold in 2017, making CMOS by far the most utilized image sensor technology and also suggesting CMOS sells at a premium, compared to its rival technologies.