Global Compact Camera Module Market - Forecasts From 2018 to 2023

The global compact camera module market is projected to grow at a CAGR of 9.72% during the forecast period to reach US$52.632 billion in 2023 from US$30.167 billion in 2017. Compact camera modules are the modules which are used in security camera, medical devices, and consumer electronic devices such as computers, smartphones, tablets and peripherals. Growing demand for consumer electronic devices on account of rising disposable income and improvement in the standard of living in the developing countries will drive the demand for these modules. In addition, improvement in the standard of living coupled with the switch from traditional security to smart security solutions will further boost the demand for these devices. Increasing demand for advanced healthcare devices for diagnostic and therapeutic applications will further add to the demand for these modules over the forecast period.

This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.

Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top-down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the compact camera module value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.

Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the compact camera module market.

Major industry players profiled as part of the report are Truly Opto- Electronics Ltd., Excelitas Technologies Corp., Delo, LG Innotek, Sunny Optical Technology (Group) Company Limited, LITE-ON Technology Corporation, and Olloclip among others.

Segmentation

The compact camera module market has been analyzed through the following segments:

By Application

Consumer Electronics
Security and Surveillance
Communication Devices
Medical Devices
Others

By Components

Lens
Actuator
Sensors
Adhesives
Others

By Geography

North America
USA
Canada
Mexico
Others

South America
Brazil
Argentina
Others

Europe
Germany
France
United Kingdom
Spain
Others

Middle East and Africa
Saudi Arabia
Israel
Others

Asia Pacific
China
Japan
South Korea
India
Others