Photosensitive Semiconductor Device Market by End-user and Geography - Forecast and Analysis 2022-2026

Published: Feb 2022 Pages: 120 SKU: IRTNTR72643

The photosensitive semiconductor device market share is expected to increase by USD 4.12 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 8.86%.

This photosensitive semiconductor device market research report will help companies evaluate their business approaches. Furthermore, this report extensively covers photosensitive semiconductor device market segmentation by end-user (OSAT, IDMs, and foundries) and geography (APAC, North America, Europe, South America, and MEA). The photosensitive semiconductor device market report also offers information on several market vendors, including Canon Inc., DENSO Corp., FUJIFILM Holdings Corp., Hamamatsu Photonics KK, Panasonic Corp., Robert Bosch GmbH, SK HYNIX Inc., Sony Group Corp., Teledyne Technologies Inc., and Toshiba Corp. among others.

What will the Photosensitive Semiconductor Device Market Size be During the Forecast Period?

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Photosensitive Semiconductor Device Market: Key Drivers, Trends, and Challenges

The increasing growth of wireless computing devices along with the advent of IoT is notably driving the photosensitive semiconductor device market growth, although factors such as the requirement of high initial capital investment may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the photosensitive semiconductor device industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Photosensitive Semiconductor Device Market Driver

One of the key factors driving growth in the photosensitive semiconductor device market is the increasing growth of wireless computing devices along with the advent of IoT. End-users globally are demanding high-performance devices with reliable and highly portable computing platforms. IoT enables devices to collect data using sensors and actuators from wireless computing devices and transmit the data to a centralized location on a real-time basis. This empowers the users to make an informed decision. Wireless computing devices require a high level of integration. Semiconductor device manufacturers are, therefore, developing new designs to support multiple applications on a single platform. In addition, IoT requires ultra-low-power (ULP) processors. This results in the development of new packaging technologies to reduce the size of the processor chips and fit them into compact devices such as wearables. Hence, the rising demand for compact devices will drive the growth of the global photosensitive semiconductor device market.

Key Photosensitive Semiconductor Device Market Trend

One of the key photosensitive semiconductor device market trends is the integration of semiconductor components in automobiles. The electrification of automobiles, as well as the rising need for automation in vehicles, is driving the semiconductor industry. Semiconductor ICs are being used for several purposes in automobiles, such as airbag control, GPS, anti-locking braking systems, displays, infotainment systems, power doors, windows, automated driving, and collision detection technology. These semiconductor devices should be of small size and right form factor, which will, in turn, drive the demand for advanced packaging solutions from the automotive sector. The automotive sector is expected to grow, driven by the rising car production yearly, generating significant demand for semiconductor devices. This will indirectly trigger the demand in the global photosensitive semiconductor device market during the forecast period.

Key Photosensitive Semiconductor Device Market Challenge

The requirement of high initial capital investment will be a major challenge for the photosensitive semiconductor device market during the forecast period. Semiconductor device manufacturers are investing in R&D to solve the challenges of manufacturing and packaging solutions. They must align changes in manufacturing with new packaging processes on a regular basis, which increases their ownership and maintenance costs. The growing demand for compact ICs and the emergence of new 3D packaging solutions like TSV, stacked packaging, and MEMS packaging have transformed the manufacturing processes of semiconductor ICs. Manufacturers should invest heavily in manufacturing equipment to produce compact ICs. Furthermore, the rapid technological change in the semiconductor industry is compelling vendors to opt for efficient equipment, which increases their total cost of ownership. Thus, OSAT vendors and IDMs have to make significant initial investments, which hampers the growth of the global photosensitive semiconductor device market. 

This photosensitive semiconductor device market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global photosensitive semiconductor device market as a part of the global semiconductors market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the photosensitive semiconductor device market during the forecast period.

Who are the Major Photosensitive Semiconductor Device Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • Canon Inc.
  • DENSO Corp.
  • FUJIFILM Holdings Corp.
  • Hamamatsu Photonics KK
  • Panasonic Corp.
  • Robert Bosch GmbH
  • SK HYNIX Inc.
  • Sony Group Corp.
  • Teledyne Technologies Inc.
  • Toshiba Corp.

 

This statistical study of the photosensitive semiconductor device market encompasses successful business strategies deployed by the key vendors. The photosensitive semiconductor device market is fragmented and the vendors are deploying growth strategies such as forming strategic partnerships and acquiring vendors that are actively involved in photosensitive semiconductor device production with the aim of geographical expansion, product development, and resource-sharing to compete in the market.

Product Insights and News

  • SK HYNIX Inc. - The company offers photosensitive semiconductor device that provides blue light semiconductor device technology which includes high-frequency high-output communication systems, automotive power systems, and semiconductors for extreme environments.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The photosensitive semiconductor device market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Photosensitive Semiconductor Device Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the photosensitive semiconductor device market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

The value chain of the semiconductors market includes the following core components:

  • Inputs
  • Inbound logistics
  • Operations
  • Outbound logistics
  • Marketing and sales
  • Service
  • Support activities
  • Innovation

The report has further elucidated on other innovative approaches being followed by manufacturers to ensure a sustainable market presence.

Which are the Key Regions for Photosensitive Semiconductor Device Market?

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58% of the market's growth will originate from APAC during the forecast period. China, Taiwan, South Korea (Republic of Korea), and Japan are the key markets for photosensitive semiconductor devices in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The presence of a majority of prominent semiconductor foundries will facilitate the photosensitive semiconductor device market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The rising threat of COVID-19 led to the imposition of complete lockdowns across countries in the region in 2020. The outbreak led to panic across the healthcare system in the region. Several countries such as China, India, Nepal, Pakistan, South Korea, Malaysia, Sri Lanka, and the Philippines declared a partial or total lockdown. However, in the first half of 2021, vaccination programs were ramped up in several countries in the region, which resulted in the resumption of manufacturing operations in compliance with proper social distancing and sanitization norms. Thus, the demand in the photosensitive semiconductor device market is expected to grow in the region during the forecast period.

What are the Revenue-generating End-user Segments in the Photosensitive Semiconductor Device Market?

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The photosensitive semiconductor device market share growth by the OSAT segment will be significant during the forecast period. Giant global companies such as Intel, AMD, Nvidia, and so on contract with OSAT companies for executing semiconductor designs and assembly. For instance, Intel outsources its chip packaging to several OSAT companies for assembly and testing services before shipping the chips to consumers. Hence, the rise in need for OSAT companies by major semiconductor giants will drive the market growth through this segment in the coming years.

This report provides an accurate prediction of the contribution of all the segments to the growth of the photosensitive semiconductor device market size and actionable market insights on post COVID-19 impact on each segment.

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Photosensitive Semiconductor Device Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 8.86%

Market growth 2022-2026

$ 4.12 billion

Market structure

Fragmented

YoY growth (%)

6.88

Regional analysis

APAC, North America, Europe, South America, and MEA

Performing market contribution

APAC at 58%

Key consumer countries

China, US, Taiwan, South Korea (Republic of Korea), and Japan

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Canon Inc., DENSO Corp., FUJIFILM Holdings Corp., Hamamatsu Photonics KK, Panasonic Corp., Robert Bosch GmbH, SK HYNIX Inc., Sony Group Corp., Teledyne Technologies Inc., and Toshiba Corp.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

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What are the Key Data Covered in this Photosensitive Semiconductor Device Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive photosensitive semiconductor device market growth during the next five years
  • Precise estimation of the photosensitive semiconductor device market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the photosensitive semiconductor device industry across APAC, North America, Europe, South America, and MEA
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of photosensitive semiconductor device market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

***1. Executive Summary                        

              **1.1 Market Overview

                             *Exhibit 01:  Key Finding 1

                             *Exhibit 02:  Key Finding 2

                             *Exhibit 03:  Key Finding 3

                             *Exhibit 04:  Key Finding 5

                             *Exhibit 05:  Key Finding 6

                             *Exhibit 06:  Key Finding 7

                             *Exhibit 07:  Key Finding 8

***2. Market Landscape                          

              **2.1 Market ecosystem            

                             *Exhibit 08:  Parent market

                             *Exhibit 09:  Market characteristics

              **2.2 Value chain analysis         

                             *Exhibit 10:  Value chain analysis

                             *2.2.1 Inputs

                             *2.2.2 Inbound logistics

                             *2.2.3 Operations

                             *2.2.4 Outbound logistics

                             *2.2.5 Marketing and sales

                             *2.2.6 Service

                             *2.2.7 Support activities

                             *2.2.8 Innovations

***3. Market Sizing                     

              **3.1 Market segment analysis 

                             *Exhibit 11:  Market segments

              **3.2 Market size 2021 

              **3.3 Market definition

                             *Exhibit 12:  Offerings of vendors included in the market definition

              **3.4 Market outlook: Forecast for 2021 - 2026 

                             *3.4.1 Estimating growth rates for emerging and high-growth markets

                             *3.4.2 Estimating growth rates for mature markets

                             *Exhibit 13:  Global - Market size and forecast 2021 - 2026 ($ million)

                             *Exhibit 14:  Global market: Year-over-year growth 2021 - 2026 (%)

***4. Five Forces Analysis                        

              **4.1 Five Forces Summary       

                             *Exhibit 15:  Five forces analysis 2021 & 2026

              **4.2 Bargaining power of buyers          

                             *Exhibit 16: Bargaining power of buyers

              **4.3 Bargaining power of suppliers      

                             *Exhibit 17: Bargaining power of suppliers

              **4.4 Threat of new entrants    

                             *Exhibit 18: Threat of new entrants

              **4.5 Threat of substitutes        

                             *Exhibit 19: Threat of substitutes

              **4.6 Threat of rivalry  

                             *Exhibit 20: Threat of rivalry

              **4.7 Market condition

                             *Exhibit 21:  Market condition - Five forces 2021

***5 Market Segmentation by End-user                           

              **5.1 Market segments

                             *Exhibit 22:  End-user - Market share 2021-2026 (%)

              **5.2 Comparison by End-user 

                             *Exhibit 23:  Comparison by End-user

              **5.3 OSAT - Market size and forecast 2021-2026            

                             *Exhibit 24:  OSAT - Market size and forecast 2021-2026 ($ million)

                             *Exhibit 25:  OSAT - Year-over-year growth 2021-2026 (%)

              **5.4 IDMs - Market size and forecast 2021-2026            

                             *Exhibit 26:  IDMs - Market size and forecast 2021-2026 ($ million)

                             *Exhibit 27:  IDMs - Year-over-year growth 2021-2026 (%)

              **5.5 Foundries - Market size and forecast 2021-2026    

                             *Exhibit 28:  Foundries - Market size and forecast 2021-2026 ($ million)

                             *Exhibit 29:  Foundries - Year-over-year growth 2021-2026 (%)

              **5.6 Market opportunity by End-user  

                             *Exhibit 30:  Market opportunity by End-user

***6. Customer landscape                       

              **6.1 Overview

                             *Technavio’s customer landscape matrix comparing Drivers or price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rate and Key purchase criteria

                             *Exhibit 31: ?Customer landscape?

***7. Geographic Landscape                   

              **7.1 Geographic segmentation

                             *Exhibit 32:  Market share by geography 2021-2026 (%)

              **7.2 Geographic comparison  

                             *Exhibit 33: Geographic comparison

              **7.3 APAC - Market size and forecast 2021-2026            

                             *Exhibit 34:  APAC - Market size and forecast 2021-2026 ($ million)

                             *Exhibit 35:  APAC - Year-over-year growth 2021-2026 (%)

              **7.4 North America - Market size and forecast 2021-2026          

                             *Exhibit 36: North America - Market size and forecast 2021-2026 ($ million)

                             *Exhibit 37: North America - Year-over-year growth 2021-2026 (%)

              **7.5 Europe - Market size and forecast 2021-2026         

                             *Exhibit 38: Europe - Market size and forecast 2021-2026 ($ million)

                             *Exhibit 39: Europe - Year-over-year growth 2021-2026 (%)

              **7.6 South America - Market size and forecast 2021-2026          

                             *Exhibit 40:   South America - Market size and forecast 2021-2026 ($ million)

                             *Exhibit 41:  South America - Year-over-year growth 2021-2026 (%)

              **7.7 MEA - Market size and forecast 2021-2026             

                             *Exhibit 42:   MEA - Market size and forecast 2021-2026 ($ million)

                             *Exhibit 43:  MEA - Year-over-year growth 2021-2026 (%)

              **7.8 Key leading countries       

                             *Exhibit 44:  Key leading countries

              **7.9 Market opportunity by geography

                             *Exhibit 45: Market opportunity by geography

***8. Drivers, Challenges, and Trends                 

              **8.1 Market drivers     

                             *8.1.1 Increasing growth of wireless computing devices along with the advent of IoT

                             *8.1.2 Growing demand for semiconductor wafers

                             *8.1.3 Development of 3D chip packaging, FIWLP, and FOWLP technology

 

              **8.2 Market challenges             

                             *8.2.1 Requirement of high initial capital investment

                             *8.2.2 Rapid technological changes in the semiconductor industry

                             *8.2.3 High inventory levels in the supply chain

 

                             *Exhibit 46:  Impact of drivers and challenges

              **8.3 Market trends     

                             *8.3.1 Integration of semiconductor components in automobiles

                             *8.3.2 Increasing requirement for semiconductor memory devices

                             *8.3.3 Rising acceptance of wearable devices

 

***9. Vendor Landscape                          

              **9.1 Competitive scenario       

              **9.2 Overview

                             *Exhibit 47: Vendor landscape

                             *The potential for the disruption of the market landscape was moderate in 2020, and its threat is expected to remain unchanged by 2025. 

              **9.3 Landscape disruption       

                             *Exhibit 48: ?Landscape disruption?

                             *Exhibit 49: Industry risks

***10. Vendor Analysis              

              **10.1 Vendors covered             

                             *Exhibit 50: Vendors covered

              **10.2 Market positioning of vendors   

                             *Exhibit 51: ?Market positioning of vendors?

                             *10.3 Canon Inc.

                             *Exhibit 52:  Canon Inc. - Overview

                             *Exhibit 53:  Canon Inc. - Business segments

                             *Exhibit 54:  Canon Inc. - Key offerings

                             *Exhibit 55:  Canon Inc. - Segment focus

              **10.4 DENSO Corp.     

                             *Exhibit 56:  DENSO Corp. - Overview

                             *Exhibit 57:  DENSO Corp. - Business segments

                             *Exhibit 58:  DENSO Corp. - Key offerings

                             *Exhibit 59:  DENSO Corp. - Segment focus

              **10.5 FUJIFILM Holdings Corp.

                             *Exhibit 60:  FUJIFILM Holdings Corp. - Overview

                             *Exhibit 61:  FUJIFILM Holdings Corp. - Business segments

                             *Exhibit 62:  FUJIFILM Holdings Corp. - Key offerings

                             *Exhibit 63:  FUJIFILM Holdings Corp. - Segment focus

              **10.6 Hamamatsu Photonics KK            

                            *Exhibit 64:  Hamamatsu Photonics KK - Overview

                             *Exhibit 65:  Hamamatsu Photonics KK - Business segments

                             *Exhibit 66:  Hamamatsu Photonics KK - Key offerings

                             *Exhibit 67:  Hamamatsu Photonics KK - Segment focus

              **10.7 Panasonic Corp.

                             *Exhibit 68:  Panasonic Corp. - Overview

                             *Exhibit 69:  Panasonic Corp. - Business segments

                             *Exhibit 70:  Panasonic Corp. - Key offerings

                             *Exhibit 71:  Panasonic Corp. - Segment focus

              **10.8 Robert Bosch GmbH       

                             *Exhibit 72:  Robert Bosch GmbH - Overview

                             *Exhibit 73:  Robert Bosch GmbH - Business segments

                             *Exhibit 74:  Robert Bosch GmbH - Key offerings

                             *Exhibit 75:  Robert Bosch GmbH - Segment focus

              **10.9 SK HYNIX Inc.     

                             *Exhibit 76:  SK HYNIX Inc. - Overview

                             *Exhibit 77:  SK HYNIX Inc. - Product and service

                             *Exhibit 78:  SK HYNIX Inc.- Key news

                             *Exhibit 79:  SK HYNIX Inc. - Key offerings

              **10.10 Sony Group Corp.         

                             *Exhibit 80:  Sony Group Corp. - Overview

                             *Exhibit 81:  Sony Group Corp. - Business segments

                             *Exhibit 82:  Sony Group Corp.- Key news

                             *Exhibit 83:  Sony Group Corp. - Key offerings

                             *Exhibit 84:  Sony Group Corp. - Segment focus

              **10.11 Teledyne Technologies Inc.       

                             *Exhibit 85:  Teledyne Technologies Inc. - Overview

                             *Exhibit 86:  Teledyne Technologies Inc. - Business segments

                             *Exhibit 87:  Teledyne Technologies Inc. - Key offerings

                             *Exhibit 88:  Teledyne Technologies Inc. - Segment focus

              **10.12 Toshiba Corp.  

                             *Exhibit 89:  Toshiba Corp. - Overview

                             *Exhibit 90:  Toshiba Corp. - Business segments

                             *Exhibit 91:  Toshiba Corp.- Key news

                             *Exhibit 92:  Toshiba Corp. - Key offerings

                             *Exhibit 93:  Toshiba Corp. - Segment focus

***11. Appendix                          

              **11.1 Scope of the report        

                             *11.1.1 ????Market definition

                             *11.1.2 ????Objectives

                             *11.1.3 Notes and Caveats

              **11.2 Currency conversion rates for US$           

                             *Exhibit 94: ?Currency conversion rates for US$?

              **11.3 Research Methodology  

                             *Exhibit 95: ?Research Methodology

                             *Exhibit 96: ??Validation techniques employed for market sizing?

                             *Exhibit 97: ??Information sources

              **11.4 List of abbreviations       

                             *Exhibit 98: List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

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photosensitive semiconductor device market

Key Questions Answered

  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?

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