SHUTTER IMAGE SENSOR MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

Shutter Image Sensor Market Size and Trends

The shutter image sensor market size was estimated to be  valued at US$ 2.37 Bn in 2023 and is expected to reach US$ 4.3 Bn by 2030, exhibiting a compound annual growth rate (CAGR) of 8.9% from 2023 to 2030.

Shutter image sensors are a type of image sensor that can capture fast-moving objects with minimal motion blur. They utilize a global electronic shutter that exposes the entire image at the same time, unlike rolling shutters that scan line-by-line. The key market drivers include the growing adoption in consumer electronics and automotive industries along with advancements in image sensor technology.

Market Trends:

• Miniaturization and integration: The miniaturization of image sensors with smaller pixel sizes and high resolution capabilities along with easy integration due to packaging improvements are key trends in the shutter image sensor market. The demand for more compact cameras in smartphones and embedded vision systems requires further size reduction. Wafer-level packaging and 3D stacking are enabling the manufacturing of tiny shutter image sensors. These trends allow increased adoption across consumer devices.
• Shift towards CMOS technology: The shift from charge-coupled devices (CCDs) image sensors to complementary metal oxide semiconductor (CMOS) image sensors is an ongoing trend in the shutter image sensor market due to advantages such as low power consumption, faster readout capability, and ease of integration offered by CMOS. Most key companies are focused on enhancement of CMOS image sensors with global shutter functionality to meet end user demand. The improvements in CMOS fabrication due to wafer-scale production further augment this trend. For instance, In November 2023, Teledyne e2v, a subsidiary of Teledyne Technologies and a global pioneer in imaging solutions, unveiled the Emerald Gen2, a cutting-edge CMOS image sensor family. Leveraging Teledyne e2v's sophisticated imaging technologies, this latest sensor lineup offers improved performance, catering to diverse applications in the field of machine vision.
• Transition to higher resolutions: The migration to higher resolution image sensor technologies beyond 2K, 4K to 5K and 8K are format, defined by the Digital Cinema Initiativesalong with larger sensor formats is a noticeable trend, especially for applications requiring enhanced image quality. The usage of larger photodiodes and advanced semiconductor fabrication aids development of high resolution shutter image sensor capabilities. This allows sharper, ultra-high definition image, and video capture.
• Increasing integration of AI capabilities: Increasing on-chip integration of artificial intelligence and machine learning capabilities in image sensors is gaining traction. This provides benefits like advanced analytics at the edge, faster processing speeds and data compression. Investments in AI by leading image sensor manufacturers for enabling smarter vision capabilities in devices drive this trend.