Global Camera Module Market - Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2013 - 2019
Albany, New York, USA (PRWEB) November 12, 2013
Camera modules are gaining popularity and seeing increased demand across different application sectors such as in smartphones and tablet PCs, as well as in industrial, medical and automotive sector. High end smartphones with increased lens resolution and usage in cheaper smartphones are expected to drive the market in future.
Browse the full report with TOC at http://www.transparencymarketresearch.com/camera-module-market.html.
This report has been segmented by sensor type, by application and by geography. Further, geographical regions are segmented by sensor type and by application. Along with the major segmentation, it also includes Porter’s five forces analysis, market dynamics, and value chain of the market. In addition, the forecast from 2013 to 2019 has been also covered with current and future trends. By geography, the market has been segmented into North America, Europe, Asia Pacific and RoW. The present market size and forecast until 2019 have been provided in the report along with the detailed analysis and opportunity in these regions.
The report also analyzes macro economic factors influencing and inhibiting the growth of the camera modules market. Porter’s five forces analysis offers insights on market competition throughout its value chain. In addition, the market attractiveness analysis provided in the report highlights key investing areas in this industry.
The report will help manufacturers, suppliers and distributors to understand the present and future trends in this market and formulate their strategies accordingly.
Camera modules are electronic devices that convert an optical signal through the lens into a digital electrical signal using an image sensor, and display the captured image on the display device. It can also be defined as a component that provides video recording function, still image function and gesture recognition to a digital device.
The global camera modules market was valued at USD 12.00 billion in 2012 and is expected to reach USD 43.06 billion by 2019 at a CAGR of 19.7% from 2013 to 2019. It is of two types on the basis of the image sensor technology used in their packaging - CMOS (Complementary Metal Oxide Semiconductor) camera module and CCD (Charge Coupled Devices) camera module. CCD camera modules dominated the camera modules market for a long time but with the emergence and increasing demand of CMOS technology, it started losing its market share. Smartphone and tablet PC is the largest segment of the camera module market.
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Smartphone and tablet PC segment is expected to see exponential growth in the coming years and this will positively influence the camera module market. Consumer preference towards smartphones, with more pixel clarity and the trend of software development play a significant role in increasing demand for camera modules. For example, impact of Apple, Samsung and LG among others cannot be underestimated as consumers have readily embraced mobile imaging through their mobile phones. In addition, adoption of mobile phone apps for social networking and email (i.e., Facebook, Gmail, Yahoo, and WhatsApp among others) is also contributing to market growth.