Camera Modules - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Camera Modules Market is accounted for $26.47 billion in 2018 and is expected to reach $58.45 billion by 2027 growing at a CAGR of 9.2% during the forecast period. Rising public safety and security concerns lead to the adoption of surveillance cameras and rising demand for Tof camera in smartphones are the major factors driving the market growth. However, the high cost of multi-camera systems deployment in vehicles is restraining market growth.
The camera module is a reconciliation of picture sensor, control hardware, and interfaces comprehensive of CSI or ethernet. It is utilized to screen traffic, household wellbeing, and computerized signal preparing programs. Camera modules help cameras to make films and photographs in top-notch palatable. It is achievable to catch high fine and low light photographs and manages amendment highlights as a result of mechanical upgrades.
Based on the focus type, the autofocus segment is likely to have a huge demand for smartphones and other consumer electronics devices, such as wearables, the automotive sector is expected to adopt fixed-focus camera modules largely. By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to the rising trends of advanced cameras in consumer devices; increasing adoption of cameras in automotive applications; and rising needs for security & surveillance cameras.
Some of the key players profiled in the Camera Modules Market include Primax Electronics, MCNEX, Q Technology, Chicony, LG Innotek, Sharp Corporation, Sunny Optical Technology (Group), Samsung Electro-Mechanics, and OFILM Tech.
• Voice Coil Motors
• Image Sensors
• Lens Modules
Focus Types Covered:
• Fixed Focus
• Camera Parallel Interface
• Camera Serial Interface
• Up to 7 Mega Pixels
• 8 to 13 Mega Pixels
• Above 13 Mega Pixels
• Chip-On-Board Camera Module
• Flip-Chip Camera Module
• Consumer Electronics
• Aerospace & Defense
• Security & Surveillance
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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