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Camera Module Market Share

Report ID: GMI6896
Published Date: Oct 2023
Report Format: PDF

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Camera Module Market Share

Major players operating in the camera module industry are:

ams AG
Chicony Electronics Co., Ltd.
Intel
Kyocera Corporation
LG Innotek
MCNEX Co., Ltd.
OFILM Group Co., Ltd.
OmniVision
Onsemi
Q Technology
Rayprus Holding Ltd. (Foxconn)
Samsung Electro-Mechanics
Sony Corporation
STMicroelectronics N.V.
Sunny Optical Technology (Group)
Toshiba Corporation

The competitive landscape in the camera module business is intense with key players, such as Sony, Samsung, and OmniVision, dominating it. Increasing investments in facility centers & acquisitions by industry participants are expected to expand their foothold in the commercial industry. Similarly, significant spending on R&D to gain technological competitiveness and aggressive business strategies, such as technology launches, collaborations, and long-term agreements, to capture market share are positively impacting the camera module industry expansion.

Authors: Suraj Gujar, Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

The market size for camera module was valued at over USD 38.2 million in 2022 and is anticipated to grow at a CAGR of over 10.4% between 2023 and 2032, owing to the rising use of IoT-based security & surveillance systems in different sectors.

The between 8 to 15 MP segment held a market share of 40% in 2022 and will continue to witness demand due to the increasing use of high-resolution cameras for photography and recording, where image detail and file size are optimal.

Asia Pacific market for camera module held over 35% revenue share in 2022. The region serves as a manufacturing hub for leading smartphone and electronics companies, which along with expanding middle class and increasing consumer purchasing power boost the product demand.

OmniVision, Onsemi, Q Technology, Rayprus Holding Ltd. (Foxconn), Samsung Electro-Mechanics, Sony Corporation, STMicroelectronics N.V., Sunny Optical Technology (Group), and Toshiba Corporation among others.