Status of the CMOS image sensor industry - Yole

1 2016 Authors: P. CambouJL. JaffardFrom Technologies to MarketStatus of theCMOS image sensorindustry2016 report sampleExecutive Summary3 REPORT OBJECTIVESP rovide a clear understanding of applications and related identification and analysis: Determination of the applications range Technical market segmentation Economic requirements by segment Key players per market and analysis Market size and market forecast in $M and MunitsAnalysis and description of market and technologies involved: Major actors on a global basis Detailed applications per market segment Technology identification for different products and processes Competing technologies Main technical challengesEcosystemMarketTechno 2016 | | Status of the cmos image sensor industry | Sample 4 METHODOLOGIES & DEFINITIONSYole smarket forecast model is based on the following elementary structured blocks:Yole sanalysisframework 2016 | | Status of the cmos image sensor industry | Sample 5 WHAT IS TAKEN INTO ACCOUNT BY THE ANALYSIS ?

2 From wafer to first packaged sensorAnalysis at the component levelCourtesyof OmnivisionCourtesyof ValeoCourtesyof On SemiCourtesyof TeslaModulesSystemsSensorsCourtesyof XiaomiDieCourtesyof SonyWaferCourtesyof Apple 2016 | | Status of the cmos image sensor industry | Sample 6 TABLE OF CONTENT (1/2)oGOSSARY2oTABLEOFCONTENT3oREPORTOBJ ECTIVES5oMETHODOLOGY7oCOMPANYCITED13oEXE CUTIVESUMMARY141-INTRODUCTION30 Historicalperspective Marketsegmentation 2015 CISmarketlandscapebyapplication 2015 CISmarketlandscapebyplayer2-MARKETFORECA ST39 Revenuebreakdown 2010-2021 CISvolumeshipment(inMunits) 2009-2020 CISrevenueforecast(in$M) 2009-2020 Waferproduction(in12 wafereq.) BSIpenetrationforecast 200mm(8 )to300mm(12 )transitionforecast3-ECOSYSTEM52 Recentconsolidation M&Aactivity Ecosystemmapping Geographicmapping4-PLAYER&RANKINGS61 Revenuerankings Volumerankings Revenuebreakdownperplayer Revenuemarketshareinmobile Revenuemarketshareindigitalphotography Revenuemarketshareintablets RevenuemarketshareinlaptopPC Revenuemarketshareinautomotive Revenuemarketshareinsecurity&surveillanc e RevenuemarketshareinmedicalXray Revenuemarketshareinmachinevision 2016 | | Status of the cmos image sensor industry | Sample 7 TABLE OF CONTENT (2/2)

3 5 MOBILEMARKETTREND78 Consumertechdeviceforecast 2010-2021 Mobilemarketforecast Marketdrivers Resolutionmix Dualcameratrend Numberofcamerapersmartphoneforecast6-CON SUMERMARKETTREND101 2010-2021 Consumerphotographymarketforecast 2010-2021 Actioncameramarketforecast 2010-2021VR&ARmarketforecast 2010-2021 Wearable&smartwatchmarketforecast 2010-2021 Personalroboticsmarketforecast7-OTHERMAR KETTREND112 2010 2021 Computingmarketforecast 2010 2021 Automotivemarketforecast Automotivemarketdrivers 2010-2021 MedicalCISmarketforecast 2010-2021 Security&surveillancemarketforecast 2010-2021 Machinevisionmarketforecast8-TECHNOLOGYT REND128 Imagesensorspecifications BSItechnologies SamsungS7focus PDAFandLDAF approaches Keyadvances9-CONCLUSIONS15210-COMPANYPRO FILE155 2016 | | Status of the cmos image sensor industry | Sample 8 Almalence, Ambarella, Apple, Agilent, Arm, Axis, Basler, Bosch, Brigates, BYD, Caeleste, Canon, Clairpixel, Cmosis, Cognex, Continental, Core Photonics, Crysview, CSEM, DongbuHiTek, DXO, Dynamax, e2v, Espros, Evg, Excelitas, Fairchild Imaging, Flir, Forza Silicon, Fotonic, Foxconn, Fraunhofer, Fujitsu, Fujifilm, GalaxyCore, Given Imaging, GoPro, Grace Valley, Hamamatsu, Hassellblad, Heliotis, Himaximaging, Honneywell, Hoya, HTC, Huawei, SK Hynix, image Lab, Imec, Infineon, Invisage, Invensense, JVC Altasens, Kingpak, Konica Minolta, Lattice, Leap Motion, Leica, Lenovo, LFoundry, LG, Luxima, Lytro, Magna.

4 MagnetiMarelli, Mantis Vision, Medigus, Melexis, Mesa Imaging, Micron, Microsoft, Mobileye, Mobotix, Movidius, New Imaging Technologies, Nikon, NXP, Nvidia, OdosImaging, Omnivision, Omron, ON Semi, Panasonic, Pelican Imaging, PerkinElmer, Philips, Pixart, PixelPlus, Pelco, PMD Technologies, Point Grey Research, Pyxalis, Raytrix, Rosnes, Samsung, SaneiHytech, SETi, Sharp, SiliconFile, Sirona, Soft Kinetic, SK Hynix, SMIC, Siemens, Socionext, Softkinetics, Soitec, Sony, STMicroelectronics, SuperPix, Teledyne Dalsa, Teradyne, Tessera, Toshiba, Trixell, Tsmc, Toshiba Teli, TowerJazz, Tridicam, UMC, Valeo, Videantis, Viimagic, WLCSP, Xiaomi, X-Fab, XinTec, ZTE and more ..COMPANIES CITED IN THE REPORT 2016 | | Status of the cmos image sensor industry | Sample 9 ABOUT THE AUTORSOF THIS REPORTB iography & contactPierre CambouFrom 1999, Pierre Cambou has been part of the imaging industry .

5 Pierre took several positions at Thomson TCS which became Atmel Grenoble in 2001 and e2v Semiconductors in 2006. In 2012 he founded a start-up called VenceInnovation (now Irlynx) in order to bring to market a disruptive infrared Man to Machine interaction technology. He has an Engineering degree from Universit de Technologiede Compi gneand a Master of Science from Virginia Tech. More recently he graduated from Grenoble Ecolede Management s MBA. He joined Yole D veloppementas Imaging Activity Leader in : JaffardFrom 1966 Jean-Luc Jaffard paved the way of imaging activity at STMicroelectronics being at the forefront of the emergence and growth of this business. At STMicroelectronics Imaging Division he was successively appointed as Research Development and Innovation Director managing a large multidisciplinary and multicultural team and later on promoted to Deputy General Manager and Advanced Technology Director in charge of identifying and developing breakthrough Imaging Technologies and to transform them into innovative and profitable products.

6 In 2010 he was appointed STMicroelectronics Intellectual Property Business Unit Director. In January 2014 he created the Technology and Innovation branch of Red Belt Conseil. 2015 | | Camera Module industry 2016 | | Status of the cmos image sensor industry | Sample 2016 Body sample1102 0004 0006 0008 00010 00012 00014 00016 00018 00020 0002007200820092010201120122013201420152 01620172018201920202021 Revenue ($M)Historical revenue forecast (in $M)2010 Fcst2012 Fcst2014 Fcst2015 Fcst2016 FcstWHAT WEGOTRIGHT WHATWEGOTWRONGF orecastover the yearsWeare raisingourforecastfor cmos image SensorsMostlydrivenby smartphone camera crase and the renewalof applications in the consumer space, CIS marketkeepsitsmomentumwhilepassing the $10B landmarkThe main reasonfor thisforecastincreaseisthe earlyintroduction of dual cameras in smartphonesOur goal isto predict+/-10% in 5 yearstime 2016 | | Status of the cmos image sensor industry | Sample 125TH cmos image sensor REPORT When Yole D veloppementpresented its first report in 2010, the imaging industry was at a turning point as cmos image sensor revenues were breaking the 50% threshold in respect to CCD.

7 Since last year, the industry has reached the $10B landmark and has become a key technology for major semiconductor companies such as Sony, Samsung,OnSemi and now SK Hynix. Mobile remains the key application market for CIS, it is demanding in term of volume and performances therefore ASP are kept at a good level for the top notch technology. The industry has reached $ in 2015 and with CAGR forecasted for the 2015-2021 period, and will reach $ in 2021. Currently the most dynamic CIS markets are mobile and automotive. New features and performance are needed to serve those markets. Imaging has become a mature industry 2016 | | Status of the cmos image sensor industry | Sample 13 SonySamsungOmnivisionOn SemiCanonToshibaPanasonicSK Hynix GalaxycoreSTMicroPixartPixelplusSharpAMS CmosisTeledyne DalsaHamamatsuHimaxe2vExcelitasFairchild Superpix01101001 000-1001003005007009001 1001 300 Average Selling Price ($)Volume Shipment (M units)

8 2015 -CIS market landscapeby playerCMOS image sensor PLAYERS2015 CIS marketlandscapeby playerLeveragingitstechnologyleadership roothedin digital photographyand appliedto mobile marketsand benefitingfromresolutionincreasesof mobile secondarycamera, Sony grabbedbothrevenue and volume leadership in 2015SK Hynixconfirmeditwasable to supplythistechnologicallydemandingmarket as itproveditslelfan alternative to GalaxycoreSony isnowtakingthe lead in volume$ $1,2B$ PlayersHigh EndPlayers2ndTier PlayersKey PlayersHigh EndPlayers2ndTier Players 2016 | | Status of the cmos image sensor industry | Sample 14 Mobile$5,908$6,66512%Consumer$1,611$1,40 11%Computing$1,187$1,052-3%Automotive$27 9$53723%Medical$29$3415%Security$140$388 11%Industrial/Space/Defence$146$27110%TO TAL$9,300$10,34810,4%Mobile64,4%Consumer 13,5%Computing10,2%Automotive5,2%Medical 0,3%Security3,8%Industrial/Space/Defence 2,6%2015 CIS Revenue breakdownby marketCIS REVENUE BREAKDOWN (IN $M)2015 CIS Revenue breakdownby market2014$9,300M2015$10,348M2014 2015 CAGR2015-2021 2016 | | Status of the cmos image sensor industry | Sample 15 Sony35%Samsung19%Omnivision12%On Semi8%Canon4%Toshiba3%Panasonic3%SK Hynix 3%Galaxycore3%STMicro2%Pixart2%Pixelplus 1%Other5%2015 CIS Revenue marketshareby playerCompany20142015 (in $M)YoYGrowth(%)

9 1 Sony$2,779$3,64531%2 Samsung$1,825$1,9306%3 Omnivision$1,378$1,250-9%4On Semi$670$81021%5 Canon$482$404-16%6 Toshiba$360$350-3%7 Panasonic$244$33638%8SK Hynix $200$32563%9 Galaxycore$325$275-15%10 STMicro$260$200-23%11 Pixart$166$1702%12 Pixelplus$114$13014%Other$498$5235%$9,30 0$10,348 CIS REVENUE RANKING (IN $M)2015 CIS Revenue rankingby player2014$9,300M2015$10,348 MYole D veloppement May 2016 2016 | | Status of the cmos image sensor industry | Sample 16 Embedded 3 DcomputationalPhotography& videoMOBILE MARKET TRENDThe mobile camera will become a multi sensor optronicsinterfaceTechnology is almost readyPlayers are working on the killer applications# of sensors1 sensor2 sensors3 sensors3+ sensors202020122014201620182022 Main & subcamera LED Flash Main & subcamera Range finder LED FlashCatchingup withDSLR and videocamerasNew embedded3D imagingCourtesyof PanonoCourtesyof Sony 2015 | | Camera Module IndustryEmbedded 3 DInteractiveThe world becomesinteractive Dual Main & subcamera 3D mapping VR localizationCourtesyof Microsoft Dual main or subcamera 3D sensing LED Illuminator

10 2016 | | Status of the cmos image sensor industry | Sample 17 MOBILE MARKET TRENDDual camera rollout scenarioThe question is no more if but when?10%201620172018201920202021 Dual cameraPenetration(%)20%2%iPhone 7 & 7 Swithdual cameraFront or back ?Samsung shouldfollowaccordinglyG5 (Rear16+8Mp)P9 (Rear13+13Mp)Breakingthe 20% thresholdmeansApple or Samsung have integratedat least one dual cameraNextHW updatesfor AppleYole D veloppement May 2016 2016 | | Status of the cmos image sensor industry | Sample 18 CONSUMER MARKET TRENDL ight field imaging has many intermediariesPandora s box is openAugmented/MixReality2 DPhotoVideo2 DPhotosphere3 DInteractiveWorldProcessing x ComplexityEvolution2D3D-Photosphere-Virt ualReality-Video/Movies-Videochat-Pictur e-Selfie-Object Mapping-Smart environment interaction-Enhanced videocall-Morphing