Sales of semiconductor sensors are expected to continue to achieve double-digit YOY growth, driven by the popularity of smart embedded controls and rising sales prices due to semiconductor shortages, reports IC Insights.
Tight supplies and shortages of sensors for automotive systems, industrial equipment, and other embedded-control applications have significantly increased the average selling price (ASP) of these semiconductors. IC Insights expects the 2022 ASP for total sensors will be 11% higher than in 2021, representing the largest one-year price percentage increase in more than two decades.
However, weakening global economic conditions and high inflation have slowed demand for sensor units in consumer electronics, PCs, and mainstream smartphones since the start of summer.
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