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Modular Camera System Market Pegged for Robust Expansion During 2016 - 2022
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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.
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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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