Press release
Global Market for Modular Camera System Market to Record Significant Incremental Dollar Opportunity Through 2016 - 2022
The key drivers that are expected to increase the market potential of the global modular camera system market are the demand from the end user mostly from consumer electronics. Growth in automotive industry is one of the major driver for the growth of global modular camera system market, as the Advanced Driver Assistance Systems (ADAS) in automotive is trending in the market which is a positive point in the growth of global modular camera market. Modular cameras used in the security and surveillance are also adding to the growth of modular camera system globally, as it is used in household, commercial buildings and government organisations. Modular camera find its application in the healthcare industry for proper guidance of blind peoples and the one who is in support of wheelchair. On the other hand, the volatile price of the camera modules and the cost of maintenance pose as a restraint to the growth of global modular camera system market. The trends in the global modular camera market are the new technological innovations like, 3D depth sensing, 4K pixel and ultra HD technologies to name a few.
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Global modular camera system market is segmented by: image sensors types, focus types, end use industry and region
Global Modular Camera System Market by Image Sensors Types
CMOS (Complementary Metal-Oxide Semiconductor) module
CCD (Charged Couple Device) module
Global Modular Camera System Market by Focus Types
Follow Focus
Auto Focus
EDOF (Extended Depth of Field)
Zoom & Focus
Global Modular Camera System Market by End Use Industry
Consumer electronics
Automotive
Healthcare
Security & surveillance
Defence
Aerospace
Others
Global Modular Camera System Market by Region
Asia Pacific
Europe
North America
Latin America
The Middle East & Africa
In APEJ, China holds the largest share in the market for modular camera systems, this is due to the growing demand of the consumer electronics namely, mobile phones and tablets. The tremendous demand for smart phones and tablets in India is also adding to the growth of modular camera systems in the APEJ region. The North American market will also lead the modular camera system market followed by the Europe modular camera system market over the forecasted period. The growth in construction sector in the Middle East will also propel the growth for security and surveillance cameras in the region contributing to the modular camera systems market growth in the region. Overall, the global modular camera system market will showcase a promising CAGR over the forecasted period.
Some of the key players identified in the global modular camera market include Toshiba Corporation, Samsung Electro-Mechanics, BYD Company Limited, LG Electronics Inc., Sharp corporation, Robert Bosch GmBH, Topsee Electronic Tech Co.,Ltd., tryker Corporation, Coherent, Inc., Bartec, Sick AG, Sony Corporation, Panasonic Corporation, Chicony Electronics Co.Ltd. and Foxconn Electronics Inc.
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