San Francisco, 10 January 2019: The Report Camera Module Market Analysis By Technology (CMOS, CCD), By Application (Medical,
Smartphone & Tablet PC, Automotive, Defense & Space, Industrial &
Security, Consumer Electronics) And Segment Forecasts To 2022
The global camera module market size is expected to reach USD 61.78 billion by 2022, growing at a CAGR of 16.2% from 2015 to 2022, according to a new report by Grand View Research, Inc. Technological proliferation and the increasing demand for smartphones and tablet PC devices are expected to drive growth over the forecast period. Such increase in the demand for high definition smartphones is expected to drive the market for advanced CMOS and CCD technology-based devices, boosting the prospects of camera module manufacturers.
The demand for camera modules in
smartphones and tablet PCs has increased exponentially over the last decade,
thereby supporting industry growth. Almost all the mobile phones in the coming
years are expected to have such modules installed in them.
The market is broadly segmented on the
basis of image sensor technology and the application segment. Vendors offer
CMOS and CCD technology-based image sensors that are used to manufacture these
modules to be used in various consumer electronic devices.
CMOS is majorly used at present as compared
to CCD. CMOS sensors are produced in bulk for many low-end applications and
their price depends on its application. On account of the need for a
specialized manufacturing process, CCD image sensors are expensive as compared
to their CMOS counterparts, and are used in niche applications such as
professional and high-end consumer electronic products.
These devices find extensive applications
in medical and healthcare segments, smartphone & tablet PC devices,
automotive industry, defense & aerospace, industrial & security
applications, and consumer electronics.
Access
Research Report of Camera Module Market@ www.grandviewresearch.com/industry-analysis/camera-module-industry
Further key findings from the report suggest:
· The growth of Unmanned Aerial Vehicles
(UAV) has increased the demand for high-definition cameras in military
applications. Additionally, the demand for high-resolution cameras for
satellite imaging in space has also increased. The increasing need for imaging
device in defense and space is also expected to contribute to camera module
industry growth.
· Automotive sector is one of the rapidly
growing segments for such advanced devices. The main factor contributing to
this growth is the enforcement of government regulations in different regions.
Driver safety has been a major concern for the government. Various initiatives
are being taken by governments and car manufacturers in many regions to ensure
driver safety and reduce the numbers of on-road accidents.
· Moreover, legislations related to the
mandatory installation of imagers in automobiles are expected to improve the
vision of the vehicle driver. Increasing adoption of these regulations in
regions such as North America and Europe is estimated to have a positive impact
on industry growth.
· Apart from automotive and defense, the
demand for imaging devices in these technologies has increased due to the
increasing awareness for health and aging population. This factor has
positively influenced the growth in demand for such devices in the medical and
health sciences sector.
· Asia Pacific camera module market accounted
for over 60% of the revenue in 2014, owing to the existence of major smartphone
and electronics component manufacturers. However, countries from North America
and Europe are estimated to witness significant demand due to the presence of
consumers with high disposable incomes and tech-savvy lifestyles in the region.
· Smartphone manufactures such as Samsung
Corporation are manufacturing such modules for their devices reducing their
dependence on other manufacturers for its components and modules.
· Key vendors include Foxconn Technology,
Chicony Electronics, LG Innotek, Lite-On Technology, Partron, Samsung
Electro-Mechanics, Sharp, STMicroelectronics N.V., Sunny Optical Technology
Group, and Toshiba.
Browse more reports of this category by Grand View
Research at: www.grandviewresearch.com/industry/electronic-devices
Grand View Research has segmented the
camera module market on the basis of technology, application, and region:
Technology Outlook (Volume, Million Units
& Revenue, USD Million; 2012 - 2022)
·
CMOS
·
CCD
Application Outlook (Volume, Million Units
& Revenue, USD Million; 2012 - 2022)
·
Medical
·
Smartphone & tablet PC
·
Automotive
·
Defense & space
·
Industrial & security
·
Consumer electronics
Regional Outlook (Volume, Million Units
& Revenue, USD Million; 2012 - 2022)
·
North America
·
Europe
·
Asia Pacific
·
RoW
Access Press Release of
Camera Module Market@ www.grandviewresearch.com/press-release/global-camera-module-market
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
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