19 Nov 2020 -
 General

Bounce-back predicted for opto and sensors, says IC Insights

IC Insights predict a 7.7% rebound for optoelectronics, sensors/actuators and discrete devices (OSD) in 2021, lifting combined O-S-D sales to a new record high of $88.6 billion.

The strong growth prediction for next year comes after a 4.4% demand fall-off in 2020 to $82.3 billion.

“Sales of optoelectronics, sensors and actuators, and discrete semiconductors have stabilized, and in some cases, revenues have begun showing signs of a slight recovery in the second half of 2020, which is remarkable considering how bad it looked at the start of 2Q20,” reports IC Insights.

Copyright IC Insights 2020

Previous IC Insights research found that:

  • With few exceptions, O-S-D’s share of total semiconductor sales has been trending higher since the end of the 1990s.  In 2019, O-S-D sales as a percent of total semiconductor sales swelled to 19.4% because of the steep 15% decline in the IC market.  By 2024, O-S-D sales are projected to represent a more typical 17.4% of total semiconductor sales with the rest coming from ICs.
  • The O-S-D market grew 5% in 2019 to $86.1 billion, marking its 10th consecutive year of increasing sales.  However, the economic fallout from the global Covid-19 virus crisis is expected to break the string of record-high O-S-D sales in 2020.

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