O-S-D market growth slows
The market for optoelectronics, sensors/actuators, and discrete semiconductors (O-S-D) lost most of its momentum in 2012 after a strong surge in 2010 from the 2009 downturn and solid growth in 2011, says IC Insights.
With revenue growth in electronics systems manufacturing slowing to 3% in 2012 from a more-normal 6% increase in 2011, most O-S-D product categories have weakened.
The 2% forecast for 2012 means total O-S-D sales are now expected to reach a record-high level of $58.2bn in 2012 compared to the current annual peak of $57.4bn set in 2011.
Optoelectronics is propping up overall O-S-D sales growth in 2012. Revenues for optoelectronics are now forecast to rise by 8% to reach a new record high of $27.5bn in 2012, thanks to strong sales growth in lamp devices (+18%) driven by new solid-state lighting applications and CMOS image sensors (+21%) used in more digital cameras for smartphones, tablet computers, surveillance networks, and other equipment.
Sales of sensors and actuator devices are now projected to rise by just 2% in 2012, but that will set a new record high of $8.7bn, while the commodity-filled discretes segment is expected to fall 6% to $22bn.
When the three O-S-D segments are combined with IC sales (now projected at $259.4bn) the total semiconductor market is forecast to be $317.6bn in 2012, a 1% decline from 2011.
With electronics systems manufacturing beginning to strengthen and the global economy forecast to show some improvement in 2013, IC Insights is forecasting modest revenue growth in all three O-S-D market segments.
Optoelectronics revenues are projected to grow 7% in 2013 to $29.3bn, while dollar volumes in the sensors/actuators segment are forecast to rise 10% to about $9.6bn, and sales of discretes are expected to rebound by 5% to reach $23.1bn.