28 Oct 2021 -

IC Insights: Sensors and discrete devices surge

Global sales of optoelectronics, sensors/actuators, and discretes (O-S-D) are expected to grow 18% in 2021 to $104.3 billion from $88.3 billion in 2020, when this semiconductor market group increased by less than 3% during the Covid-19 virus outbreak year, reports IC Insights

IC Insights stated that total O-S-D sales are forecast to rise 11% in 2022 to $115.5 billion. O-S-D products generate about 18% of the world’s total semiconductor sales with the rest (82%) coming from integrated circuits. Less than 13% of semiconductor revenues came from O-S-D products 25 years ago.

The O-S-D market group has gradually accounted for a higher share of semiconductor revenues since the mid-1990s because of steady and often strong annual growth in sensors, actuators, CMOS image sensors, laser transmitters, and high-brightness light-emitting diodes (LEDs) during the past few decades

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