Smartphone image sensor market grows 15%, here's the company that topped the list
The multi camera setup of 2-megapixel and 8-megapixel image sensors drove the demand while 64-megapixel and 108-megapixel sensors also contributed a lot.
According to Strategy Analytics' latest report, the global smartphone Image sensor market reached a total revenue of $6.3 billion in H1 2020. Also mentioned was that the market witnessed a 15% year-over-year revenue growth in H1. And Sony once again has topped the list with as much as 44% share. Sony is followed by Samsung LSI at 32%, OmniVision at 9% and others at 15%.
As mentioned by Jeffrey Mathews, Senior Analyst at Strategy Analytics, the multi camera setup of 2-megapixel and 8-megapixel image sensors drove the demand while 64-megapixel and 108-megapixel sensors also contributed a lot.
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“The image sensor market was driven by the upbeat demand for multi-camera configuration featuring 2MP and 8MP image sensors in smartphones and further boosted by the shipment of high pixel sensors such as 64MP and 108MP image sensors in H1 2020. Sony saw its market share decline in H1 2020 owing to the rising competition from Samsung, OmniVision and SK Hynix,” said Mathews.
However, the market was not spared by Covid-19 pandemic and was slowed down like other markets. However, H2 2020 is expected to bring back the momentum. “The image sensor market growth was slowed by the impact of the pandemic on the overall smartphone market. However, the momentum around high pixel sensors and the use of multiple cameras in smartphones is expected to shape a strong growth path for the image sensor market in H2 2020,” stated Stephen Entwistle, Vice President of the Strategic Technologies Practice at Strategy Analytics.
This year the market has definitely seen some new features when it comes to smartphone cameras. While Samsung was the first to bring 108-megapixel sensors, Vivo introduced ‘Gimbal' camera and Xiaomi brought 120x zooming and Asus Zenfone 7 showcased its triple swivel camera tech.