Title: Camera Modules Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2021-2026
1Camera Modules Market - Industry Analysis,
Market Size, Share, Trends, Application Analysis,
Growth And Forecast (2021-2026)
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Camera Modules market size was valued at 30.1
billion in 2020, and it is estimated to grow at a
CAGR of 7.5 during 2021-2026. The growth is
mainly attributed to the growing trend for
multi-camera smartphones and security concerns
led to the adoption of surveillance is set to
drive the camera module market. Additionally,
technological advancements in compact camera
modules provide opportunities for market growth
during forecast period 2021-2026. The increased
demand for camera components in consumer
electronics driven by the growth in demand for
smartphones, digital cameras tables and wearables
will be significant drivers of the camera module
market. The increasing shift to high-resolution
camera modules especially in machine vision
systems is driven by improved technology and
price decline of these camera components and
modules.
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Key Takeaways APAC dominated the Camera Modules
market in term of revenue in 2020 owing to the
increase in adoption of camera modules in
consumer electronics applications. Adoption of
advanced technologies such as machine vision and
artificial technology for the development of
smart cameras is poised to propel market
growth. Increasing adoption of Compact camera
Modules in ADAS in autonomous vehicles sector is
poised to provide opportunities for market
growth. High cost is the major challenge that
hampers the camera modules market growth.
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By Distribution Channel- Segment Analysis CMOS
Image Sensor held the major share of 30.3 in
2020. Adoption of CMOS (Complementary
metal-oxide-semiconductor) image sensor owing to
its higher sensitivity due to the latest pixel
architecture which is beneficial in lower light
applications drive the market. CMOS image
sensors offer lower power consumption and provide
lower dark noise compared to other image sensors
and this has increased the demand in the market.
Additionally, these sensors are increasingly used
in machine vision. With the integration of
machine vision technology, there has been
increase in adoption of image sensors.
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- Camera Modules Market Industry Outlook
- Samsung Electro-Mechanics Co, Ltd
- Partron Co., Ltd
- LG Innotek
- Sharp Corporation
- Ams
- Omni vision Technologies
- Primax Electronics
- Chicony Electronics Co. Ltd
- Cowell e Holdings Inc
- Foxconn Electronics
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Camera Modules Market - Industry Analysis,
Market Size, Share, Trends, Application Analysis,
Growth And Forecast (2021-2026) Learn More About
the Report _at_ https//www.industryarc.com/Resea
rch/Camera-Modules-Market-Research-505437
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