What is Mobile Camera Module Market?
The camera module is a product used to take photos and videos from mobile devices, such as smartphones, automobiles, and smart home appliances. It is generally used in video conferencing, security systems and real-time monitoring as a video input device. The mobile camera module can be directly connected to a baseband or multimedia processor. The factors such as the Increased Number of Camera-Based Smartphone Users and Technological Advancements in Components of Camera Modules for Integration in Devices are the key drivers for the global Mobile Camera Module market. In addition, Increasing Preference for High-resolution Smartphones also fueling the market growth. However, the High Cost of Multi-Camera Systems Deployment in Vehicles may hamper the market growth.
The market study is being classified, by Application (Consumer Electronics, Automotive and Security & Surveillance) and major geographies with country level break-up.
Sharp Corporation (Japan), Samsung Electro-Mechanics (South Korea), LG Innotek (South Korea), Sunny Optical Technology (Group) Company Ltd. (China), OFILM Tech Co., Ltd. (China), ams AG (Austria), Chicony Electronics Co., Ltd. (Taiwan), MCNEX Co. Ltd. (South Korea), Primax Electronics Ltd. (Taiwan), Q Technology (Group) Company Ltd. (China), CAMMSYS Corp. (South Korea), Cowell (China) and e-con Systems (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Haesung Optics (South Korea), Jenoptik (Germany), Kyocera Corporation (Japan), Leopard Imaging Inc. (United States), Luxvisions Innovation Limited (Taiwan), Partron Co., Ltd. (South Korea), Shenzhen CM Technology Company Ltd. (China) and Truly Opto-Electronics Ltd. (China).
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Research Analyst at AMA predicts that Global Players will contribute to the maximum growth of Global Mobile Camera Module market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Mobile Camera Module market by Type, Application and Region.
On the basis of geography, the market of Mobile Camera Module has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increased Number of Camera-Based Smartphone Users
- Technological Advancements in Components of Camera Modules for Integration in Devices
Market Trend
- Increasing Preference for High-resolution Smartphones
Restraints
- High Cost of Multi-Camera Systems Deployment in Vehicles
Opportunities
- Government Initiatives to Increase Vehicle Safety is Leading to Adoption of ADAS
- Emergence of Autonomous Vehicles
- Growing Applications of AR and VR Devices
Challenges
- Managing Image From Multiple Cameras in Smartphone May Limit Processing Power
Key Target Audience
Mobile Camera Module Manufacturers, Distributors, Emerging Companies, Research Professionals and End-users