Camera Module Market Manufacturers Analysis, Segmentation and Application Up to 2022

Camera Module Market Manufacturers Analysis, Segmentation
and Application Up to 2022
“Camera module industry is majorly driven by the increase in
demand for consumer electronics followed by the growing
market of advanced driver assistance system in automobiles.
Advanced driver assistance systems (ADAS) provide safety
features like parking assistance, collision avoidance.”
Global Camera Module Market is estimated to reach USD 61.78 billion by 2022 owing to the increase in demand
for smartphones, tablets, digital cameras and PC devices. A camera module is an image sensor with integrated
control electronics, lens and an interface like Camera Serial Interface (CSI), Ethernet or plain raw low-voltage
differential signaling. It provides functions for clicking photos with the help of electronic devices like
smartphones and tablets. The lens module and image sensors are the main components of a camera module.
The image sensor is an electronic photosensitive device which converts optical image into an electronic signal.
It comprises millions of photodiodes and acts as an image receiver in digital imaging device. The worldwide
technological proliferation is due to increase in demand for different electronic devices is expected to grow
camera module market with a CAGR of 16.2% in the forecast period.
Camera module industry is majorly driven by the increase in demand for consumer electronics followed by the
growing market of advanced driver assistance system in automobiles. Advanced driver assistance systems
(ADAS) provide safety features like parking assistance, collision avoidance, and lane-departure warning.
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Another factor responsible for the growth of camera module market is the machine vision technology which
helps in positioning, measurement, identification, verification and in-flaw detection in numerous industries. The
growing trend of selfie has propelled the market players to integrate cameras in most consumer electronics.
Also, the installation of security cameras in residential and commercial areas is predicted to boost the market
in future.
To improve the camera quality and enable visibility conditions at night, the market players are offering Night
Vision cameras. These cameras provide wide-angle view under limited visibility conditions to the user. The latest
innovation by a key player, Autoliv offered Night Vision which is embedded with infrared technology and helps
to analyze and capture images irrespective of the vehicle’s motion. It detects pedestrians accurately as
compared to the traditional cameras and headlights. The advent of night vision camera is hence another key
factor that impacts the growth of camera module industry positively.
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The 3D image sensors for indoor navigation, advancement in image storing and expansion of 4K pixel technology
are the upcoming opportunities for the market. The leading market players are innovating new products and
using 3D imaging technology for boosting the market significantly.
Based on application, camera module industry is divided into smartphone, tablet and PC devices, automotive,
medical, industrial & security, and defense & space. The demand for consumer electronics like smartphones,
tablets and PC devices is growing explosively as compared to other application areas. Geographically, the market
is segmented as North America, Europe, Asia Pacific, and RoW. Asia Pacific is predicted to dominate the market
owing to the growing population demanding consumer electronics.
The key players in camera module industry are LG Electronics Inc., Cowell e Holdings Inc., Foxconn Electronics
Inc., Chicony Electronics Co. Ltd., Sharp Corporation, Lite-On Technology Corporation, Partron Co. Ltd., Sunny
Optical Technology (Group) Company Limited, Toshiba Corporation, and Samsung Electro-Mechanics Co. Ltd.
Market Segment:
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
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