Camera Module Market Growth Probability, Leading Vendors and Future Scenario By 2025-2031

The global camera module market is anticipated to grow at a significant CAGR of 10.8% during the forecast period. Digital technology is growing very fast which is propelling the demand for camera modules globally. With the increasing demand for high-resolution smartphones, the companies are providing high-quality cameras to fulfill the demand of consumers. For instance, in September 2021, LG Innotek in collaboration with the magnet company SGI Co. launched an eco-magnet. When this eco magnet is applied to a high-pixel smartphone camera, it produces clear photos and videos by increasing the driving force of the actuator.

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The global camera module market is segmented based on the component, process, resolution, and application. Based on the component, the market is segmented into the image sensor, lens, camera module assembly, and VCM suppliers. Based on the process, the market is sub-segmented into the flip-chip camera module and chip-on-board camera module. Based on the resolution, the market is sub-segmented into up to 7 mp, 8 to 13 mp, above 13 mp. Among these segments, the camera modules with above 13 mp resolution has the highest demand due to the rising need for better image quality in consumers. Based on the application, the market is sub-segmented into consumer electronics, healthcare, industrial, security &surveillance, automotive, aerospace &defense, and others.

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  • Market Coverage
  • Market number available for – 2025-2031
  • Base year- 2025
  • Forecast period- 2025-2031
  • Segment Covered- By Source, By Product Type, By Applications
  • Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others

Market Segmentation

Global Camer Module Market by Component

  • Image Sensor
  • Lens
  • Camera Module Assembly
  • VCM Suppliers

Global Camera Module Market by Process

  • Flip-Chip Camera Module
  • Chip-On-Board Camera Module

Global Camera Module Market by Resolution 

  • Up To 7 MP
  • 8 To 13 MP
  • Above 13 MP

Global Camera Module Market by Application 

  • Consumer Electronics
  • Healthcare
  • Industrial
  • Security & Surveillance
  • Automotive
  • Aerospace & Defense
  • Others

Regional Analysis

  • North America
  • United States
  • Canada
  • Europe
  • UK
  • Germany
  • Italy
  • Spain
  • France
  • Rest of Europe
  • Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
  • Rest of the World

Company Profiles 

  • ams AG
  • Corp.
  • Chicony Electronics CO., Ltd.
  • COWELL
  • Hon Hai Precision Industry Co., Ltd.
  • LG Innotek
  • LUXVISIONS-INNO.
  • MCNEX CO.,LTD.
  • OFILM Group Co. Ltd.
  • OmniVision Technologies, Inc.
  • PARTON Co., Ltd.
  • Primax Electronics Ltd.
  • Q Technology
  • Semiconductor Components Industries, LLC
  • SHARP CORP.
  • STMicroelectronics
  • Sunny Optical Technology (Group) Co. Ltd.
  • TOSHIBA CORP.
  • TRULY INTERNATIONAL HOLDINGS LTD.

The Report Covers

  •  Market value data analysis of 2020 and forecast to 2027.
  • Annualized market revenues ($ million) for each market segment.
  • Country-wise analysis of major geographical regions.
  • Key companies operating in the global camera module market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
  • Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
  • Analysis of market-entry and market expansion strategies.
  • Competitive strategies by identifying ‘who-stands-where’ in the market.
  • Extensive profiles and recent developments of market players.

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