The article cited AMA's Global Automotive Compact Camera Module Market Study explored significant growth with CAGR of 8.5%. According to the report, Integrated Automated Driving and Advanced Driver Assistance Systems in Automobile is Rising is one of the primary growth factors for the market. Increasing Demand from Automotive Market in Developed and Developing Economies is also expected to contribute significantly to the Automotive Compact Camera Module market. Overall, Lane Departure Warning System applications of Automotive Compact Camera Module, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. New players are beginning to enter the market and established companies have been changing their business models – a trend that will continue in the future.

AMA’s Analyst on the Global Automotive Compact Camera Module Market identified that the demand is rising in many different parts of the world due to "Growing Investment in Technological Advancement and Development of the Compact Camera by the Manufacturers". Furthermore, some recent industry insights like "In October 2021, LG Electronic had announced the launch of its innovative Advanced Driving Assistance System (ADAS) camera module. LG's advanced ADAS features include Automatic Emergency Braking (AEB), Lane Departure Warning (LDW), Lane Keeping Assist (LKA), Traffic Sign Recognition (TSR), Intelligent Head-Light Control (IHC), and Adaptive Cruise Control (ACC), among others, to ensure the safety of not only the vehicle's occupants but also other motorists and pedestrians. Many nations will make AEB and LDW, two technologies supported by LG's ADAS technology, mandatory for new vehicles by 2022." is constantly making the industry dynamic. One of the challenges that industry facing is "High Maintenance Cost of Automotive Compact Camera Module"

The Vehicle Type, such as Passenger Vehicles, is boosting the Automotive Compact Camera Module market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The Lens, such as Auto-Focus, is boosting the Automotive Compact Camera Module market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Automotive Compact Camera Module market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Automotive Compact Camera Module market and other related sub-markets covered in the study.

o Key & emerging players in the Automotive Compact Camera Module market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Automotive Compact Camera Module market size is calculated using market estimation process, the Automotive Compact Camera Module market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Automotive Compact Camera Module market size has been validated using both top-down and bottom-up approaches.