With growth of 31% in 2010, image sensor devices will reach a record high of $8.5 billion in 2010 according to a new report from IC Insights. Driven by applications for CMOS-based devices, that are projected at 61% of sales, the remaining 39% will come from charge-coupled devices (CCDs). The increased demand is expected from the increased use of vision sensors in digital cameras, camera phones, and machine-vision systems. Automotive applications are projected to be 17% of the total 2014 market of $8.3 billion.
For more information on IC Insights’ Image Sensor research bulletin click here.