A typical camera module comprises an infrared filter, image sensor, lens,
digital signal processing, soft board, and PCB. Camera modules assist cameras in taking videos
and pictures in high resolution and are also used to monitor traffic. They provide
these pictorial or video inputs to smart home appliances, smartphones,
automobiles, among others.
Camera modules find wide application in the automotive, pharmaceutical,
consumer service, and robotics, among other industrial fields. The global
camera modules market includes players engaged in the development and launch of
a variety of camera module products. The
global camera modules market was valued at USD 31.5 billion in 2021 and is
projected to witness growth at a compounded annual growth rate (CAGR) of 8.5%
during the forecast period of 2022-2030.
demand and application of smart technology are multiplying, especially across
the major emerging countries, including India, China, Japan, and others. Also,
the number of advancements in smart technology is witnessing tremendous growth.
This leads to enhanced adoption of camera modules across major end-user industry
verticals, including aerospace, automotive, pharmaceutical, consumer service,
and demand for smartphones, cameras, and tablets among people across all parts
of the world have surged dramatically over the last decade. Moreover, there is
also an ongoing trend for multi-camera smartphones. Due to these factors, cameras
have emerged as an essential component for mobile device manufacturers.
Consequently, the demand for camera modules has risen. These manufacturers emphasize
the quality of their cameras, which, in turn, adds to the growth of the global
camera modules market.
regarding security across various domains have been increasing in the past few
years. This has proliferated demand for security and surveillance systems in home
security, intelligent buildings, outdoor security markets, and government and
commercial buildings. Along with this, the swift expansion of the smart home
market is also aiding in the growth of the global camera modules market.
The high usage
of document scanners in workplaces, the application of drones in the defense
sector, and the rising number of acquisitions and new product launches by
market players are among other factors expected to bolster the growth of the
global camera modules market.
factors such as high costs, heavy maintenance, design complexities, and limited
battery life associated with camera modules are expected to hinder the growth
of the global camera modules market during the forecast period of 2022-2030.
Camera Modules Market Segmentation:
CMOS Image Sensors
§ Frontside Illumination (FSI) Technology
§ Backside Illumination (BSI) Technology
CCD Image Sensors
Other Image Sensors
§ NMOS Image Sensors
§ InGaAs Image Sensors
§ sCMOS Image Sensors
Voice Coil Motors
By Focus Type:
Camera Serial Interface
Camera Parallel Interface
Up to 7 MP
8 to 13 MP
Above 13 MP
Flip-Chip Camera Module
Chip-On-Board Camera Module
§ Gaming Consoles
By View Type
§ Rear View
§ Front View & Others
By Vehicle Type
§ Passenger Car
§ Commercial Vehicles
Security and Surveillance
Public Places and
Commercial & Residential
Aerospace & Defense
Airborne and Marine
Border Surveillance &
Middle East and Africa
Camera Modules Market: Component Review: -
component, the global camera modules market is segmented into image sensors,
lens module, voice coil motors, and other components. The lens module segment
captured the largest share of the market in 2021. The trend is likely to
continue over the forecast period. However, the image sensors segment is
estimated to attain the highest growth in the market during the forecast period
of 2022-2030. The burgeoning demand for small HD camcorders and smartphones and
the growing number of advancements in digital technology are among the major
factors contributing to the segment's high growth.
Camera Modules Market: Pixels Review: -
pixels, the global camera modules market is segmented into up to 7 MP, 8 to 13
MP, and above 13 MP. The above 13 MP segment is projected to register the highest
growth in the market during the forecast period. The segment’s growth can be
attributed to the escalating need for improved image quality from end-users and
the growing shift to high-resolution camera modules worldwide.
Camera Modules Market: Focus Type Review: -
Based on focus
type, the global camera modules market is segmented into fixed focus and
autofocus. The fixed focus segment is predicted to achieve the highest CAGR in
the market during the forecast period of 2022-2030. The increasing application
of fixed focus camera modules for various applications due to their low cost is
the primary factor driving the growth of the segment.
Camera Modules Market: Interface Review: -
interface, the global camera modules market is segmented into camera serial
interface and camera parallel interface. The camera serial interface segment is
anticipated to witness the highest growth in the market during the forecast
period of 2022-2030. The rising adoption of these interfaces owing to their
multiple benefits and their ability to support a wide range of high-performance
applications, including 4 K, 8 K, and 1080 p, and high-resolution photography
is majorly ascribed to the segment’s high growth.
Camera Modules Market: Application Review: -
application, the global camera modules market is segmented into consumer
electronics, automotive, healthcare, industrial, security and surveillance, and
aerospace and defense. The consumer electronics segment acquired the largest
share of the market in 2021. The segment is expected to remain in the same
position throughout the forecast period of 2022-2030. However, the automotive
segment is predicted to experience the highest growth in the market during the
forecast period of 2022-2030.
The camera modules research report offers detailed
analysis and forecasts for five major regions: North America, Europe, Asia
Pacific, and Latin America, and the Middle East & Africa.
The Asia Pacific region held 33.6% of the market share
and commanded the global camera modules market in 2021, followed by North America
and Europe. The region is estimated to remain dominant and achieve the highest
market growth during the forecast period of 2022-2030. The Asia Pacific is home
to the major developments in the camera modules market due to the presence of
leading market players in the developing countries of India, China, Japan, and
South Korea in the region. Furthermore, the growing number of government-based
initiatives regarding safety norms in automotive vehicles, the ever-growing
population base, and the high adoption of consumer electronics in the region are
other factors anticipated to drive the growth of the camera modules market in the
Asia Pacific during the forecast period.
The report also identifies the country market outlook
for camera modules, covering country-wise market size, growth rate, market share,
segmentation, leading players, current trends, and opportunities.
Key Companies in Camera Modules Market:
report offers a competitive analysis of prominent companies operating in the
global camera modules market. Some of the leading players profiled in the
market research report include:
Hon Hai Precision Inc. Co., Ltd.
Luxvision Innovation Limited
Chicony Electronics Co. Ltd
Cowell E Holdings Inc.
LG Innotek Co. Ltd
Lite-On Technology Corporation
Primax Electronics Ltd
Samsung Electro-Mechanics Co. Ltd
Partron Co. Ltd.
Sunny Optical Technology (Group) Company Limited
Omni Vision Technologies Inc.