Smartphone shipments have been on the rise since the past few years, although it could see a decline this year because of COVID-19. The reason behind the increased demand is the new features and technology that phone makers keep introducing at regular intervals.
Thus, demand for several components has been on the rise since the past few years and it seems that image sensors have seen major growth. A report from Counterpoint Research says that demand for CMOS Image Sensors aka CIS for smartphones has increased about eightfold over the past decade. In the year 2019, it crossed the 4.5 billion units market.
Even though the smartphone shipments are expected to decline this year, the CMOS Image Sensor shipments will probably rise and have an all-time high shipment, hitting almost 5 billion units this year, claims Senior Analyst Ethan Qi.
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This is likely because of the multi-camera setup and 3D sensing sensors for the smartphones that manufacturers have made a norm. Almost all smartphones getting launched these days have a multi-camera set up — the majority of which feature either the triple-camera sensor or quad-camera setup.
Counterpoint’s Component Tracker, each smartphone shipped in the first quarter of this year packed more than 3.5 image sensors on average. It also witnessed around 20 percent growth in the high- to mid-range smartphones’ quad-camera setup.
Given the current market conditions because of the ongoing COVID-19 pandemic, smartphone shipments are expected to decline significantly. In fact, the report predicts a 10 percent year-on-year decline compared to last year.
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(Source)
