Camera Modules Market Size, Development Data, Growth Analysis & Forecast 2022 to 2030 - Hon Hai Precision Inc. Co., Ltd., Luxvision Innovation Limited, Q Technology, ams AG, Chicony Electronics Co. Ltd, Cowell E Holdings Inc., Fujifilm Corporation, LG Inn

According to a new report published by xResearch, titled, "Camera Modules Market 2022- Industry Insights, Trends, Opportunity & Forecast, 2021-2030," the global camera modules market size is anticipated to witness moderate growth during the forecast period i.e. 2022-2030.

Factors such as the increasing penetration of smartphones, cameras, and tablets worldwide; the rising concerns regarding security across various domains, the surging application of smart technology coupled with the escalating advancements in smart technology are among the major factors contributing to the growth of the global camera modules market.

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According to component, lens module segment held the largest share of the market in 2021. The segment is estimated to continue to lead the market during the forecast period. On the other hand, the image sensors segment is projected to register the highest growth in the market during the forecast period owing to the enhancing demand for small HD camcorders & smartphones and the growing number of advancements in digital technology. According to pixels, the above 13 MP segment is anticipated to experience the highest growth in the market during the forecast period.

According to focus type, the fixed focus segment is expected to attain the highest CAGR in the market during the forecast period of 2022-2030. According to interface, the camera serial interface segment is predicted to achieve the highest growth in the market during the forecast period of 2022-2030.

According to application, the consumer electronics segment accounted for the largest share in the market in 2021. The trend is expected to continue throughout the forecast period of 2022-2030. However, the automotive segment is anticipated to gain the highest growth in the market during the forecast period of 2022-2030.

Geographically, the Asia Pacific region led the global camera modules market in 2021, followed by North America and Europe. The region is slated to remain dominant and register the highest market growth during the forecast period of 2022-2030. The presence of emerging countries such as India, China, Japan, and South Korea and the growing adoption of consumer electronics in the region are among the primary factors driving the growth of the market in the region.

Some of the major camera modules companies profiled in the report include Hon Hai Precision Inc. Co., Ltd., Luxvision Innovation Limited, Q Technology, ams AG, Chicony Electronics Co. Ltd, Cowell E Holdings Inc., Fujifilm Corporation, LG Innotek Co. Ltd, Lite-On Technology Corporation, and Primax Electronics Ltd.

The global camera modules market is segmented into component, focus type, interface, pixels, process, application, and region. Based on component, the market is bifurcated into image sensors, lens module, voice coil motors, and other components. The image sensors segment is further categorized into CMOS image sensors, CCD image sensors, and other image sensors. The CMOS image sensors sub-segment is further classified into frontside illumination (FSI) technology, and backside illumination (BSI) technology.

The other image sensors sub-segment is further classified into NMOS image sensors, InGsaAs image sensors, and sCMOS image sensors. Based on focus type, it is classified into fixed focus and autofocus. Based on interface, it is classified into camera serial interface and camera parallel interface.

Based on pixels, it is classified into up to 7 MP, 8 to 13 MP, above 13 MP. Based on process, it is classified into flip-chip camera module and chip-on-board camera module. Based on application, it is classified into consumer electronics, automotive, healthcare, industrial, security and surveillance, aerospace & defense.

The consumer electronics segment is further categorized into smartphones, tablet PC, camera, wearable, and others. The other sub-segment is further categorized into gaming consoles and TVs. The automotive segment is further classified by function, by view type, by vehicle type. The by function sub-segment is further categorized into ADAS and viewing. The view type sub-segment is further categorized into rear view and front view & others.

The vehicle type sub-segment is further categorized into passenger car and commercial vehicles. The healthcare segment is further classified into endoscopy, ophthalmology and others. The industrial segment is further categorized into machine vision and robotic vision.

The security and surveillance segment is further categorized into public places and infrastructures and commercial & residential. The aerospace & defense segment is further categorized into airborne and marine surveillance and border surveillance & military operations.

The global camera modules market is analyzed across North America (U.S. & Canada), Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Indonesia, Thailand, Australia, New Zealand, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and the Rest of Latin America) and Middle East & Africa (GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, and Rest of Middle East & Africa).

Key Insights of Camera Modules Market

• On the basis of component, lens module segment held the largest share of the market in 2021. The segment is estimated to continue to lead the market during the forecast period. On the other hand, the image sensors segment is projected to register the highest growth in the market during the forecast period of 2022-2030

• On the basis of pixels, the above 13 MP segment is anticipated to experience the highest growth in the market during the forecast period.

• On the basis of focus type, the fixed focus segment is expected to attain the highest CAGR in the market during the forecast period of 2022-2030.

• On the basis of interface, the camera serial interface segment is predicted to achieve the highest growth in the market during the forecast period of 2022-2030.

• On the basis of application, the consumer electronics segment accounted for the largest share in the market in 2021. The trend is expected to continue throughout the forecast period of 2022-2030. However, the automotive segment is anticipated to gain the highest growth in the market during the forecast period of 2022-2030.

• On the basis of region, the Asia Pacific region led the global camera modules market in 2021, followed by North America and Europe. The region is slated to remain dominant and register the highest market growth during the forecast period of 2022-2030.

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xResearch is a market research and consulting organization that uses unique data, expert analysis, and new technologies to create trusted intelligence on industries. Our research is focused on delivering an informed and impartial view on essential market data of industry, and it is primarily driven by an in-depth study covering the following parameters: Market Sizing and Forecasting, Market Segmentation, Competitive Analysis, Strategic Assessment and Business Modelling.

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