Press release
Compact Camera Module Market 2021: Strategic Analysis and Key Technological Developments
The Compact Camera Module Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Compact Camera Module market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Compact Camera Module market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Compact Camera Module market.The compact camera module market was valued at USD 30.77 billion in 2020, and is expected to reach a value of USD 54.30 billion by 2026, at a CAGR of 9.92% over 2021-2026.
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Top Leading Companies of Compact Camera Module Market are - Chicony Electronics Co. Ltd, Cowell E Holdings Inc, Fujifilm Corporation, LG Innotek Co. Ltd, LuxVisions Innovation Limited (Lite-On Technology Corporation), Primax Electronics Ltd, Samsung Electro-Mechanics Co. Ltd, Sharp Corporation, Sony Corporation, STMicroelectronics NV, Sunny Optical Technology (Group) Company Limited, ams AG, Semiconductor Components Industries LLC (On Semiconductor), OFILM Group Co. Ltd, OmniVision Technologies Inc., Fujikura Ltd, Leopard Imaging Inc., Teledyne Lumenera, CM Technology Company Ltd and others.
Industry News and Updates:
- In January 2020, Himax Imaging Inc. launched HM0360, the industry-first ultra-low power and low-latency back-Illuminated CMOS image sensor solution with autonomous modes of operations. It supports multiple power supply configurations with minimal passive components to enable a highly compact camera module design intelligent visual sensing applications, such as human presence detection and tracking, gaze detection, behavioral analysis, and pose estimation, for growing markets, like smart home, smart building, healthcare, smartphone, and AR/VR devices
- In December 2020, ams AG introduced one of the world’s smallest digital camera modules. The company announced the pre-release of one of the smallest, lightest 100k pixel image sensors to deliver a digital video output suitable for use in mobile or wearable consumer devices, such as virtual reality (VR) headsets. This new NanEyeC image sensor is being supplied as a lensed, chip-scale module with a footprint of 1mm2 and a weight of about 1g. The NanEyeC camera is a fully featured image sensor supplied as a 1mm x 1mm lensed surface-mount module.
Key Market Trends:
Mobile Sector to Hold the Largest Market Share
- Mobile segment holds the largest market share of the compact camera module market, owing to the growing consumer specifications and the stiff competitive nature of the market. Cameras have become a critical and important feature for mobile device manufacturers as the purchasing decision of the consumer is also greatly dependent on the type of camera and the pixel size of the camera.
- The CCM market is aided by the adoption of high-resolution cameras in mobiles and has been proliferated by the adoption of multiple front and back cameras as well. The market is driven by the increasing resolution requirement for both rear and front-facing mobile cameras.
Asia-Pacific Region to Witness the Fastest Growth
- Demand for connected cars in Japan buoyed by the Japanese governments plans to improve the connected cars division before Olympics 2020, is expected to boost the demand for CMM in the near future. These have led Japanese OEMs to showcase the AD technologies, to increase the consumers’ awareness for automated driving systems.
- China and India are the countries with the highest number of smartphones. Also, the development in the laptops and notebooks towards faster and thinner is advancing camera module companies for further improved quality innovations. The rapid increase in smartphone penetration and the growing disposable income is driving population for the quick switch to the latest technologies on consumer electronics.
Investigator Observers Strong Growth in Specific Regions:
– Europe Market (Germany, UK, France, Russia, Italy)
– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
– South America Market (Brazil, Argentina, Colombia)
– North America Market (United States, Canada, Mexico)
– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- Compact Camera Module Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Compact Camera Module Market (%),2016 - 2026
- Compact Camera Module Market Share, By Brand
- Compact Camera Module Market Share, By Company
- Compact Camera Module Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Compact Camera Module Market Value Analysis & Forecast
- Promising Compact Camera Module Development by Major Companies
- Detailed Compact Camera Module Portfolio of the Major Companies
- Major Deals in the Compact Camera Module Market
- Major Companies Analysis
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We Offer Customization on Report Based on Specific Client Requirement:
- Country Level analysis for any 5 countries of your choice.
- Competitive analysis of any 5 key market players.
- 40 analyst hours to cover any other data point.
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Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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