Reports

Global Camera Module Market to Grow at a CAGR of 7.8% During 2022-2027, Aided by the Growing Consumer Demand for Electronic Devices

Camera Module Market

Global Camera Module Market: By Component: Image Sensor, Lens, Camera Module Assembly, VCM Suppliers (AF and OIS); By Application: Mobile, Consumer Electronics, Automotive, Healthcare, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Camera Module Market Outlook

The global camera module market attained a value of around USD 40.09 billion in 2022. The market is further expected to grow at a CAGR of nearly 7.8% in the forecast period of 2023-2028 to reach a value of around USD 62.87 billion by 2028.           

 

Global Camera Module Market

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

China, Japan, and South Korea Lead the Camera Module Manufacturing

Manufacturers of camera modules are concentrated in China, Japan, South Korea, among other countries. The camera module industry has witnessed a spike in the number of manufacturers in the domestic market of China due to the low manufacturing technicalities. However, with increased market competition, the price war has intensified. In the coming years, competition to introduce new and advanced versions with greater resolution and smaller size is expected to raise the entry threshold of the market. As the application and desirability of smart technology penetrates the developing markets, the demand for camera modules is expected to witness a healthy growth. Aerospace, automotive, pharmaceutical, consumer service, and robotics, among other industrial fields, together pose a lucrative market for camera modules globally.

 

Camera Module: Market Segmentation

Camera module is used to provide pictorial or video inputs to smartphones, automobiles, or smart home appliances, among others. It comprises of a lens, infrared filter, image sensor, digital signal processing, soft board, and PCB. When light passes through the lens, the IR filter eliminates the unnecessary light projected on the sensor and then converts it into a digital signal through an internally integrated digital signal processing (DSP).

 

Global Camera Module Market by Segment

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

The market, based on component, comprises of:

  • Image Sensor
  • Lens
  • Camera Module Assembly
  • VCM Suppliers (AF and OIS)

Based on the application, the market is divided into:

  • Mobile
  • Consumer Electronics
  • Automotive
  • Healthcare
  • Security
  • Industrial
  • Others

The regional markets can be classified into:

  • North America
  • Europe
  • Asia-Pacific 
  • Latin America
  • Middle East and Africa

 

Global Camera Module Market by Region

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Rising Penetration of Smart Technology Offers a Lucrative Growth of the Market for Camera Module

The increased penetration of smartphones, tablets, and smart home appliances and the rising popularity of automated and semi-automated cars, among other developments and innovations in smart technology, are strengthening the demand for camera modules with high resolution and miniaturisation. Its usefulness as a video input device helps complete tasks like ID card identification, facial recognition, and fingerprint collection, among others, which is further projected to aid the market growth. Smart Security monitoring systems are vital in commercial, residential, and industrial spaces and they are witnessing a strong demand. This is giving a further impetus to the market growth for compact camera modules. The extensive use of document scanners in workspaces is also propelling the growth of the camera module market. Additionally, the use of drones in defence sector has substantially increased making it another lucrative market for camera module. Moreover, camera modules help provide 3D animated simulation in real-time, which makes it convenient to visualize and understand the work dynamics of a project conveniently and communicate ideas better, further intensifying its demand in aerospace, automotive, and engineering fields, among others.

 

Key Industry Players in the Global Camera Module Market

The report presents a detailed analysis of the following key players in the camera module market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Sony Corporation
  • Samsung Electronics Co. Ltd.
  • LG Electronics Inc.
  • OFILM
  • Chicony Electronics Co., Ltd
  • MCNEX Co., Ltd.
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2018-2022
Forecast Period 2023-2028
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Component, Application, Region
Breakup by Component Image Sensor, Lens, Camera Module Assembly, VCM Suppliers (AF and OIS)
Breakup by Application Mobile, Consumer Electronics, Automotive, Healthcare, Security, Industrial, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Sony Corporation, Samsung Electronics Co. Ltd., LG Electronics Inc., OFILM, Chicony Electronics Co., Ltd, MCNEX Co., Ltd, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description
    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary
    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Camera Module Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Camera Module Historical Market (2018-2022) 
    8.3    Global Camera Module Market Forecast (2023-2028)
    8.4    Global Camera Module Market by Component
        8.4.1    Image Sensor
            8.4.1.1    Historical Trend (2018-2022)
            8.4.1.2    Forecast Trend (2023-2028)
        8.4.2    Lens
            8.4.2.1    Historical Trend (2018-2022)
            8.4.2.2    Forecast Trend (2023-2028)
        8.4.3    Camera Module Assembly
            8.4.3.1    Historical Trend (2018-2022)
            8.4.3.2    Forecast Trend (2023-2028)
        8.4.4    VCM Suppliers (AF and OIS)
            8.4.4.1    Historical Trend (2018-2022)
            8.4.4.2    Forecast Trend (2023-2028)
    8.5    Global Camera Module Market by Application
        8.5.1    Mobile
            8.5.1.1    Historical Trend (2018-2022)
            8.5.1.2    Forecast Trend (2023-2028)
        8.5.2    Consumer Electronics
            8.5.2.1    Historical Trend (2018-2022)
            8.5.2.2    Forecast Trend (2023-2028)
        8.5.3    Automotive
            8.5.3.1    Historical Trend (2018-2022)
            8.5.3.2    Forecast Trend (2023-2028)
        8.5.4    Healthcare
            8.5.4.1    Historical Trend (2018-2022)
            8.5.4.2    Forecast Trend (2023-2028)
        8.5.5    Security
            8.5.5.1    Historical Trend (2018-2022)
            8.5.5.2    Forecast Trend (2023-2028)
        8.5.6    Industrial
            8.5.6.1    Historical Trend (2018-2022)
            8.5.6.2    Forecast Trend (2023-2028)
        8.5.7    Others    
    8.6    Global Camera Module Market by Region
        8.6.1    North America
            8.6.1.1    Historical Trend (2018-2022) 
            8.6.1.2    Forecast Trend (2023-2028)
        8.6.2    Europe
            8.6.2.1    Historical Trend (2018-2022) 
            8.6.2.2    Forecast Trend (2023-2028)
        8.6.3    Asia Pacific
            8.6.3.1    Historical Trend (2018-2022) 
            8.6.3.2    Forecast Trend (2023-2028)
        8.6.4    Latin America
            8.6.4.1    Historical Trend (2018-2022) 
            8.6.4.2    Forecast Trend (2023-2028)
        8.6.5    Middle East and Africa
            8.6.5.1    Historical Trend (2018-2022) 
            8.6.5.2    Forecast Trend (2023-2028)
9    North America Camera Module Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2022) 
        9.1.2    Forecast Trend (2023-2028)
    9.2    Canada
        9.2.1    Historical Trend (2018-2022) 
        9.2.2    Forecast Trend (2023-2028)
10    Europe Camera Module Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2022) 
        10.1.2    Forecast Trend (2023-2028)
    10.2    Germany
        10.2.1    Historical Trend (2018-2022) 
        10.2.2    Forecast Trend (2023-2028)
    10.3    France
        10.3.1    Historical Trend (2018-2022) 
        10.3.2    Forecast Trend (2023-2028)
    10.4    Italy
        10.4.1    Historical Trend (2018-2022) 
        10.4.2    Forecast Trend (2023-2028)
    10.5    Others
11    Asia Pacific Camera Module Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2022) 
        11.1.2    Forecast Trend (2023-2028)
    11.2    Japan
        11.2.1    Historical Trend (2018-2022) 
        11.2.2    Forecast Trend (2023-2028)
    11.3    India
        11.3.1    Historical Trend (2018-2022) 
        11.3.2    Forecast Trend (2023-2028)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2022) 
        11.4.2    Forecast Trend (2023-2028)
    11.5    Australia
        11.5.1    Historical Trend (2018-2022) 
        11.5.2    Forecast Trend (2023-2028)
    11.6    Others
12    Latin America Camera Module Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2022) 
        12.1.2    Forecast Trend (2023-2028)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2022) 
        12.2.2    Forecast Trend (2023-2028)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2022) 
        12.3.2    Forecast Trend (2023-2028)
    12.4    Others
13    Middle East and Africa Camera Module Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2022) 
        13.1.2    Forecast Trend (2023-2028)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2022) 
        13.2.2    Forecast Trend (2023-2028)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2022) 
        13.3.2    Forecast Trend (2023-2028)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2022) 
        13.4.2    Forecast Trend (2023-2028)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive Landscape
    16.1    Market Structure
    16.2    Company Profiles
        16.2.1     Sony Corporation
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Samsung Electronics Co. Ltd.
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    LG Electronics Inc.
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    OFILM
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Chicony Electronics Co., Ltd
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    MCNEX Co., Ltd
            16.2.6.1    Company Overview
            16.2.6.2    Product Portfolio
            16.2.6.3    Demographic Reach and Achievements
            16.2.6.4    Certifications
        16.2.7    Others
17    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Camera Module Market: Key Industry Highlights, 2018 and 2028
2.    Global Camera Module Historical Market: Breakup by Component (USD ss), 2018-2022
3.    Global Camera Module Market Forecast: Breakup by Component (USD Billion), 2023-2028
4.    Global Camera Module Historical Market: Breakup by Application (USD Billion), 2018-2022
5.    Global Camera Module Market Forecast: Breakup by Application (USD Billion), 2023-2028
6.    Global Camera Module Historical Market: Breakup by Region (USD Billion), 2018-2022
7.    Global Camera Module Market Forecast: Breakup by Region (USD Billion), 2023-2028
8.    North America Camera Module Historical Market: Breakup by Country (USD Billion), 2018-2022
9.    North America Camera Module Market Forecast: Breakup by Country (USD Billion), 2023-2028
10.    Europe Camera Module Historical Market: Breakup by Country (USD Billion), 2018-2022
11.    Europe Camera Module Market Forecast: Breakup by Country (USD Billion), 2023-2028
12.    Asia Pacific Camera Module Historical Market: Breakup by Country (USD Billion), 2018-2022
13.    Asia Pacific Camera Module Market Forecast: Breakup by Country (USD Billion), 2023-2028
14.    Latin America Camera Module Historical Market: Breakup by Country (USD Billion), 2018-2022
15.    Latin America Camera Module Market Forecast: Breakup by Country (USD Billion), 2023-2028
16.    Middle East and Africa Camera Module Historical Market: Breakup by Country (USD Billion), 2018-2022
17.    Middle East and Africa Camera Module Market Forecast: Breakup by Country (USD Billion), 2023-2028
18.    Global Camera Module Market Structure

Key Questions Answered in the Report

What was the market size in 2022?

The global camera module market accounted for about USD 40.09 billion in 2022.

What is the growth rate of the market?

The market is projected to grow at a CAGR of nearly 7.8% in the forecast period of 2023-2028.

What is the forecast outlook of the market for 2023-2028?

The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach USD 62.87 billion by 2028.           

What are the major market drivers?

The major drivers of the industry include increased applications of the product in aerospace, healthcare, automotive, defence, consumer goods like smartphones, tablets, smart home appliances, robotics, facial recognition, video conferencing, security and surveillance, machine vision, and building automation, among others.

What are the key industry trends of the market?

New developments and innovations in lens and sensors are making the market competition stiff as it captures consumer preference. Additionally, advancements in smart technology have automated many functions, which gives an added boost to the market in terms of wider applicability.

What are the major regional markets according to the EMR report?

The major markets involve North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

What are the leading components of camera module in the market?

The leading components of camera module in the market are image sensor, lens, camera module assembly, and VCM suppliers (AF and OIS).

What are the major application segments of camera module in the industry?

Mobile, consumer electronics, automotive, healthcare, security, and industrial, among others, are the major application segments of camera module in the industry.

Who are the key industry players, according to the report?

The leading players in the market are Sony Corporation, Samsung Electronics Co. Ltd., LG Electronics Inc., OFILM, Chicony Electronics Co., Ltd, and MCNEX Co., Ltd., among others.

Analyst Review

The global camera module market attained a value of USD 40.09 billion in 2022, driven by the rising penetration of smartphones. Aided by the widening applications of camera module, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 7.8%. The market is projected to reach USD 62.87 billion by 2028.           

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on the component, the market is divided into image sensor, lens, camera module assembly, VCM suppliers (AF and OIS). Based on applications, it is segmented into mobile, consumer electronics, automotive, healthcare, security, industrial, among others. The major regional markets for camera module are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Sony Corporation, Samsung Electronics Co. Ltd., LG Electronics Inc., OFILM, Chicony Electronics Co., Ltd, and MCNEX Co., Ltd., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

Purchase Full Report

Mini Report

$1699
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update
Buy Now

Single User License

$2799
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update
Buy Now
most popular

Five User License

$3999
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update
Buy Now

Corporate License

$4999
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update
Buy Now

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

NEWSLETTER