Report Code: A04291 | Pages: 201 | ||
Tables: 79 | Charts: 42 |
|
The Compact Camera Modules are employed with functionalities such as down sampling features and light sensing capabilities that enable the users to take pictures through electronic devices including smartphones, tablet PCs, and others. The growth in demand for devices, such as cameras, tablets, and smartphones drives the growth of the compact camera module market. Further, the consumer requirement for slimmer smartphones transforms the technological advancements in the global market.
Factors such as increase in smartphone penetration and growth in consumer electronics industry drive the demand for the compact camera module market. However, heavy and high maintenance cost of camera impedes the market growth. Rise in development of market for advance driver assistance system (ADAS) ensures emerging growth opportunities for the market globally.
The integration of compact camera modules in diverse electrical devices and electronics has gained traction, which has thereby influenced the manufacturers to incline toward holistic applicability of CCM rather than building single-purpose modules. The effective application of CCMs in automotive centric technologies has further extended the purview of the applications, thus unlocking several opportunities for the market players.
The global compact camera module market is segmented based on component, application, and region. Lens, image sensor, voice coil motor, and assembly component are studied under the component segment. Based on application, the market is divided into consumer electronics, automotive, security & surveillance, and others. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Increased Growth in Consumer Electronics Industry
The compact camera modules are employed with functionalities such as down sampling features and light sensing capabilities that enable the users to take pictures through electronic devices including smartphones, tablet PCs, and others. The growth in demand for devices, such as cameras, tablets, and smartphones boosts the growth of the compact camera module market.
Growth in Smartphone Penetration
Increase in the smartphones shipped, particularly in the Asia-Pacific region significantly drives the market growth. Increase in need for slimmer smartphones with advanced cameras has influenced several technological advancements in the compact camera module market.
High Cost & Heavy Maintenance
High cost of the compact camera module paired with the heavy maintenance restrain the growth of the market to a notable extent especially in the price-sensitive economies. Moreover, the development of 3D sensing user interface in smartphones with biometric capability is expected to further increase the cost of the compact camera modules.
Key Benefits
Compact Camera Module Market Report Highlights
Aspects | Details |
---|---|
By Component |
|
By Application |
|
By Region |
|
Key Market Players | O-FILM TECH CO., LTD, CHICONY ELECTRONICS CO LTD, FOXCONN TECHNOLOGY GROUP, LG INNOTEK CO., LTD, Q TECHNOLOGY (GROUP) COMPANY LIMITED, COWELL E HOLDINGS INC., SAMSUNG ELECTRO-MECHANICS, LITE-ON TECHNOLOGY CORPORATION, SUNNY OPTICAL TECHNOLOGY (GROUP) COMPANY LIMITED, HENKEL CORPORATION |
Loading Table Of Content...
The growth in ADAS and automated driving is highly opportunistic for the market growth. ADAS utilizes image sensors to provide safety features such as lane-departure warning, parking assistance, and collision avoidance systems. The automated driving and ADAS systems largely benefit from the digital still camera manufacturers and the expertise developed from the mobile camera modules.
At present, consumer electronics and automotive applications prominently drive the compact camera module market. The consumer requirement for slimmer smartphones transforms the technological advancements in the global market.
Increase in demand for high-end consumer electronics propels the growth of the market. Further, continued product innovation and increase in disposable income impacts the growth of the market.
The key market players profiled in the report include Semco, LG Innotek, O-Film, Foxconn Sharp, Henkel, Sunny Optical, Menex, Liteon, Cowell, and Q-tech. These players have adopted various strategies, such as new product launch, business expansion, and strategic alliances to sustain their market position in the global compact camera module market.
Start reading instantly.
This Report and over 71,321+ more Reports, Available with Avenue Library. T&C*.
Enterprise
License/PDF
Library
Membership
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of the scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time for readers
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
Get Industry Data AlertsTo ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of the scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save the time of readers