Press release
Camera Modules Market Surges to $83.99 Billion, Witnessing a CAGR of 11.2% During The Forecast Period 2024-2030 | The Market Reports
The Camera Modules Market is set to attain $83.99 billion by 2030, with a robust 11.2% CAGR, driven by increasing demand for smartphones, automotive cameras, and surveillance systems.In the modern dynamic world of technology, the camera modules are widely used in a range of applications such as consumer electronics, healthcare, industrial, security & surveillance, automotive, and aerospace & defense. The consumer electronics market has impacted the camera modules market mostly owing to the usage of CCD and CMOS sensors-enabled camera modules. The demand for digital camera has reduced as smartphones enabled with camera are introduced in the market. Consumers are attracted toward smartphones which serve the purpose of both camera and phone. This market is experiencing a rapid shift in automotive applications, specifically in advanced driver assistance systems (ADAS). ADAS uses camera modules to enhance the driver's safety on the road by offering features such as parking assistance, lane-departure warning (LDW), and collision avoidance systems, all of which can help the car and the driver to gather information about the outside world.
The global Camera Modules Market [https://www.themarketreports.com/report/global-camera-modules-market-research-report] was valued at US$ 38810 million in 2023 and is anticipated to reach US$ 83990 million by 2030, witnessing a CAGR of 11.2% during the forecast period 2024-2030.
The APAC market for camera modules is growing rapidly as most of the camera modules manufacturers are located in APAC. Also, most of the demand for camera modules in APAC region is from the consumer electronics application including smartphones, tablet PCs, cameras, and others. With the inclusion of secondary camera in smartphones, the demand for camera modules is expected to multiply further. Around one-third of the global smartphone consumption is from India, China, and Japan, collectively. This is expected to drive the APAC camera modules market. Moreover, the development of advanced driver assistance systems (ADAS) for the automotive application is also expected to boost the demand for camera modules in APAC.
This report aims to provide a comprehensive presentation of the global market for Camera Modules, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Camera Modules.
Report Scope
The Camera Modules market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Camera Modules market comprehensively. Regional market sizes, concerning products by Component, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Camera Modules manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Component, by Application, and by regions.
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Market Segmentation
By Company
* LG Electronics
* Samsung Electro-Mechanics
* Sharp
* Lite-On Technology
* Cowell E Holdings
* Partron
* Sunny Optical Technology
* Foxconn Electronics
* Chicony Electronics
* Toshiba
Segment by Component
* Image Sensors
* Lens
* FPC
* DSP
* Others
Segment by Application
* Consumer Electronics
* Security & Surveillance
* Automotive
* Aerospace & Defense
* Industrial
* Others
Production by Region
* North America
* Europe
* China
* Japan
* South Korea
Consumption by Region
* North America (United States, Canada and Mexico)
* Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
* Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
* South America (Brazil, Argentina, Colombia, and Rest of South America)
* Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Component, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Camera Modules manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Camera Modules by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Camera Modules in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Component, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Read More Related Research Reports:
Automotive Camera Modules Lens Market: https://www.themarketreports.com/report/global-automotive-camera-modules-lens-market-research-report
CMOS Camera Module (CCM) Market: https://www.themarketreports.com/report/global-cmos-camera-module-ccm-market-research-report
Auto Black Box Camera Module Market: https://www.themarketreports.com/report/global-auto-black-box-camera-module-market-research-report
About US:
At 'The Market Reports', we are a trusted market research firm dedicated to empowering businesses with valuable insights and data to drive their success. We offer a wide range of comprehensive market research reports to meet the unique needs of each client. From market analysis and competitive intelligence to consumer behaviour and trend forecasting, we provide the critical information necessary to make informed decisions and stay ahead of the competition. Our goal is to empower our clients with the knowledge they need to drive growth, make strategic investments, and seize new opportunities.
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Company Name: The Market Reports
Contact Person: Shirish Gupta
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=camera-modules-market-surges-to-8399-billion-witnessing-a-cagr-of-112-during-the-forecast-period-20242030-the-market-reports]
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Website: https://www.themarketreports.com/report/global-camera-modules-market-research-report
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