Camera Module Market

Global Camera Module Market Size, Share & Trends Analysis Report By Component (Image Sensor, Lens, Camera Module Assembly, and VCM Suppliers), by Process (Flip-Chip Camera Module and Chip-On-Board Camera Module), by Resolution (Upto 7 Mp, 8 to 13 Mp, and Above 13 Mp), and by Application (Consumer Electronics, Healthcare, Industrial, Security &Surveillance, Automotive, Aerospace & Defense, and Others) Forecast Period (2022-2028).
    Update Available - Forecast 2024-2030   

Published: Jul 2023 | Report Code: OMR2026411 | Category : Electronics Parts and Components | Delivery Format: /

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. 

Impact of COVID-19 Pandemic on Global Camera Module Market

During theCOVID-19 pandemic the demand for camera modules were greatly reduced. The disruption in the production process of end-user products such as consumer electronics led to a decline in the camera module market. However, some of the manufacturers were focusing on innovations related to the COVID-19 pandemic. For instance, in March 2020 Athena Security launched a security camera that uses thermal imagining tech to detect the people who are affected by the COVID-19 pandemic.

Segmental Outlook 

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. 

Global Camera Module Market Share by Component, 2021 (%) 

Global Camera Module Market Share by Component

Lens is the Majorly Used Component in the Global Camera Module Market 

The lens segment has a major market share. Lenses are used as the main part of every image capturing system. Apart from this lens are used in microscopes, telescopes, pocket magnifiers, and others. The lenses are manufactured in different sizes, lengths, power, and material. The innovation within the semiconductor technology led to the integration of lenses with the electronic circuit panel as per the requirement. For Instance, in June 2019, Tamron Co. Ltd. has launched the telephoto varifocal lens with high-fidelity and high sensitivity.

The consumer electronics has the major application of camera modules as the use of 3D image sensors is increasing in indoor navigation. The market players are also using 3D imagining technology to innovate new camera module products for the healthcare sector. For Instance, in May 2021, NHS launched a 3D heart scan to diagnose patients. This technology can turn a regular CT scan of the heart into a 3D image.

The growing demand for security and surveillance in end-users is also considerably driving the camera module market. Manufacturers are focusing to innovate their products due to the increase in demand for technical instruments in the camera. For Instance, in January 2021 Athena security launches a gun detection sensor in cameras to increase public safety. The company’s AI thermal camera software can also spot concealed weapons and instantly alert the authorities.  

Moreover, the automotive sector is one of the rapidly growing sectors in the global camera module market. Growing demand for road safety attributes is generating growth opportunities for the automotive camera modules. For instance, in June 2021, Garmin International, Inc. launched a voice control dashcam series that automatically store video and has live view monitoring capabilities. Drivers can easily record the incidents that occur in front of their vehicles

Regional Outlooks

The global camera module market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East &Africa, and Latin America).  

Global Camera Module Market Growth, by Region 2022-2028

Global Camera Module Market Growth, by Region

The Asia-Pacific Region Holds the Major Share in the Global Camera Module Market.

The Asia-Pacific region holds the major share in the camera module market, owing to the presence of a large number of companies who manufactures camera modules in this region, such as LG Innotek, OFILM Group Co., Ltd., Sunny Optical Technology (Group) Co., Ltd., Hon Hai Precision Inc. Co., Ltd. (Foxconn), Samsung Electro-Mechanics, and others. The rising demand for smartphones in thisregion is also driving the camera module market. The camera has become a very important feature for smartphone manufacturers as the purchasing decision of the consumer is greatly dependent on the pixel of the smartphone camera. 

Market Players Outlook

The major companies serving the global camera module market include FUJIFILM Corp, Hon Hai Precision Industry Co., Ltd, LG Innotek, LUXVISIONS-INNO., MCNEX CO., LTD, OFILM Group Co. Ltd., OmniVision Technologies, Inc., SAMSUNG ELECTRO, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in October 2019, OmniVision Technologies has launched the smallest wafer-level camera module measuring just 0.65x0.65mm and 1.158mm tall.

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.

1. Report Summary

  • Current Industry Analysis and Growth Potential Outlook
  • Impact of COVID-19 on the Global Camera Module market
  • Recovery Scenario of Global Camera Module Market

1.1. Research Methods and Tools

1.2. Market Breakdown

1.2.1. By Segments

1.2.2. BY Region

2. Market Overview and Insights

2.1. Scope of the Report

2.2. Analyst Insight & Current Market Trends

2.2.1. Key Findings

2.2.2. Recommendations

2.2.3. Conclusion

3. Competitive Landscape

3.1. FUJIFILM Corp.

3.1.1. Overview

3.1.2. Financial Analysis 

3.1.3. SWOT Analysis

3.1.4. Recent Developments

3.2. Sony Corp.

3.2.1. Overview

3.2.2. Financial Analysis 

3.2.3. SWOT Analysis

3.2.4. Recent Developments

3.3. SAMSUNG ELECTRO-MECHANICS

3.3.1. Overview

3.3.2. Financial Analysis 

3.3.3. SWOT Analysis

3.3.4. Recent Developments

3.4. Key Strategy Analysis

3.5. Impact of Covid-19 on Key Players

4. Market Segmentation

4.1. Global Camer Module Market by Component

4.1.1. Image Sensor

4.1.2. Lens

4.1.3. Camera Module Assembly

4.1.4. VCM Suppliers

4.2. Global Camera Module Market by Process

4.2.1. Flip-Chip Camera Module

4.2.2. Chip-On-Board Camera Module

4.3. Global Camera Module Market by Resolution 

4.3.1. Up To 7 MP

4.3.2. 8 To 13 MP

4.3.3. Above 13 MP

4.4. Global Camera Module Market by Application 

4.4.1. Consumer Electronics

4.4.2. Healthcare

4.4.3. Industrial

4.4.4. Security & Surveillance

4.4.5. Automotive

4.4.6. Aerospace & Defense 

4.4.7. Others

5. Regional Analysis

5.1. North America

5.1.1. United States

5.1.2. Canada

5.2. Europe

5.2.1. UK

5.2.2. Germany

5.2.3. Italy

5.2.4. Spain

5.2.5. France

5.2.6. Rest of Europe 

5.3. Asia-Pacific

5.3.1. China

5.3.2. India

5.3.3. Japan

5.3.4. South Korea

5.3.5. Rest of Asia-Pacific 

5.4. Rest of the World

6. Company Profiles 

6.1. ams AG 

6.2. CammSys. Corp.

6.3. Chicony Electronics CO., Ltd.

6.4. COWELL

6.5. Hon Hai Precision Industry Co., Ltd.

6.6. LG Innotek

6.7. LUXVISIONS-INNO.

6.8. MCNEX CO.,LTD.

6.9. OFILM Group Co. Ltd.

6.10. OmniVision Technologies, Inc.

6.11. PARTON Co., Ltd.

6.12. Primax Electronics Ltd.

6.13. Q Technology

6.14. Semiconductor Components Industries, LLC

6.15. SHARP CORP.

6.16. STMicroelectronics

6.17. Sunny Optical Technology (Group) Co. Ltd.

6.18. TOSHIBA CORP.

6.19. TRULY INTERNATIONAL HOLDINGS LTD.

1. GLOBAL CAMERA MODULE MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2020-2027 ($ MILLION)

2. GLOBALIMAGE SENSOR IN CAMERA MODULE MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)

3. GLOBAL LENS IN CAMERA MODULE MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)

4. GLOBAL CAMERA MODULE ASSEMBLY MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)

5. GLOBAL VCM SUPPLIERS IN CAMERA MODULEMARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)

6. GLOBAL CAMERA MODULE MARKET RESEARCH AND ANALYSIS BY PROCESS, 2020-2027 ($ MILLION)

7. GLOBAL FLIP-CHIP CAMERA MODULE MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)

8. GLOBAL CHIP-ON-BOARD CAMERA MODULE MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)

9. GLOBAL CAMERA MODULE MARKET RESEARCH AND ANALYSIS BY RESOLUTION, 2020-2027 ($ MILLION)

10. GLOBAL UP TO 7 MP RESOLUTION CAMERA MODULE MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)

11. GLOBAL 8 TO 13 MP RESOLUTION CAMERA MODULE MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)

12. GLOBAL ABOVE 13 MP RESOLUTION CAMERA MODULE MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)

13. GLOBAL CAMERA MODULE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)

14. GLOBAL CAMERA MODULEFOR CONSUMER ELECTRONICS APPLICATION MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)

15. GLOBAL CAMERA MODULE FOR HEALTHCARE APPLICATION MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)

16. GLOBAL CAMERA MODULE FOR INDUSTRIAL  APPLICATION MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)

17. GLOBAL CAMERA MODULE FOR SECURITY AND SURVILLANCE APPLICATIONS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)

18. GLOBAL CAMERA MODULE AUTOMOTIVE APPLICATIONS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)

19. GLOBAL CAMERA MODULE FOR AEROSPACE AND DEFENCE APPLICATIONS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)

20. GLOBAL CAMERA MODULE FOR OTHER APPLICATIONS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)

21. GLOBAL CAMERA MODULE MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2020-2027 ($ MILLION)

22. NORTH AMERICAN GLOBAL CAMERA MODULE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)

23. NORTH AMERICAN GLOBAL CAMERA MODULE MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2020-2027 ($ MILLION)

24. NORTH AMERICAN GLOBAL CAMERA MODULE MARKET RESEARCH AND ANALYSIS BY PROCESS, 2020-2027 ($ MILLION)

25. NORTH AMERICAN GLOBAL CAMERA MODULE MARKET RESEARCH AND ANALYSIS BY RESOLUTION, 2020-2027 ($ MILLION)

26. NORTH AMERICAN GLOBAL CAMERA MODULE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)

27. EUROPEAN GLOBAL CAMERA MODULE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)

28. EUROPEAN GLOBAL CAMERA MODULE MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2020-2027 ($ MILLION)

29. EUROPEAN GLOBAL CAMERA MODULE MARKET RESEARCH AND ANALYSIS BY PROCESS, 2020-2027 ($ MILLION)

30. EUROPEAN GLOBAL CAMERA MODULE MARKET RESEARCH AND ANALYSIS BY RESOLUTION, 2020-2027 ($ MILLION)

31. EUROPEAN GLOBAL CAMERA MODULE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)

32. ASIA-PACIFIC GLOBAL CAMERA MODULE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)

33. ASIA-PACIFIC GLOBAL CAMERA MODULE MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2020-2027 ($ MILLION)

34. ASIA-PACIFIC GLOBAL CAMERA MODULE MARKET RESEARCH AND ANALYSIS BY PROCESS, 2020-2027 ($ MILLION)

35. ASIA-PACIFIC GLOBAL CAMERA MODULE MARKET RESEARCH AND ANALYSIS BY RESOLUTION, 2020-2027 ($ MILLION)

36. ASIA-PACIFIC GLOBAL CAMERA MODULE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)

37. REST OF THE WORLD GLOBAL CAMERA MODULE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)

38. REST OF THE WORLD GLOBAL CAMERA MODULE MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2020-2027 ($ MILLION)

39. REST OF THE WORLD GLOBAL CAMERA MODULE MARKET RESEARCH AND ANALYSIS BY PROCESS, 2020-2027 ($ MILLION)

40. REST OF THE WORLD GLOBAL CAMERA MODULE MARKET RESEARCH AND ANALYSIS BY RESOLUTION, 2020-2027 ($ MILLION)

41. REST OF THE WORLD GLOBAL CAMERA MODULE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)


1. IMPACT OF COVID-19 ON GLOBAL MODULE CAMERA MODULE MARKET, 2020-2027 ($ MILLION)

2. IMPACT OF COVID-19 ON GLOBAL CAMERA MODULE MARKET BY SEGMENT, 2020-2027 ($ MILLION)

3. RECOVERY OF GLOBAL CAMERA MODULE MARKET, 2021-2027 (%)

4. GLOBAL GLOBAL CAMERA MODULE MARKET MARKET SHARE BY COMPONENT, 2020 VS 2027 (%)

5. GLOBAL IMAGE SENSOR IN CAMERA MODULE MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)

6. GLOBAL LENS IN CAMERA MOULE  MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)

7. GLOBAL CAMERA MODULE ASSEMBLY MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)

8. GLOBAL VCM SUPPLIER IN CAMERA MOULE  MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)

9. GLOBAL CAMERA MODULE MARKET SHARE BY PROCESS, 2020 VS 2027 (%)

10. GLOBAL FLIP-CHIP CAMERA MODULE IN CAMERA MODULE MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)

11. GLOBAL CHIP-ON-BOARD CAMERA MODULE IN CAMERA MODULE MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)

12. GLOBAL CAMERA MODULE MARKET SHARE BY RESOLUTION, 2020 VS 2027 (%)

13. GLOBAL UPTO 7 MP RESOLUTIONCAMERA MODULE MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)

14. GLOBAL 7 TO 13 MP RESOLUTION CAMERA MODULE MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)

15. GLOBAL ABOVE 13 MP RESOLUTION CAMERA MODULE MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)

16. GLOBAL CAMERA MODULE MARKET SHARE BY APPLICATION, 2020 VS 2027 (%)

17. GLOBAL CAMERA MODULE FOR CONSUMER ELECTRONICS APPLICATIONS MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)

18. GLOBAL CAMERA MODULE FOR HEALTHCARE APPLICATIONS MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)

19. GLOBAL CAMERA MODULE FOR INDUSTRIAL APPLICATIONS MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)

20. GLOBAL CAMERA FOR SECURITY AND SURVILLANCE APPLICATIONS MODULE MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)

21. GLOBAL CAMERA FOR AUTOMOTIVE APPLICATIONS MODULE MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)

22. GLOBAL CAMERA MODULE FOR AEROSPACE AND DEFENSEAPPLICATIONS MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)

23. GLOBAL CAMERA MODULE FOR OTHER APPLICATIONS MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)

24. GLOBAL CAMERA MODULE MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)

25. US GLOBAL CAMERA MODULE MARKET SIZE, 2020-2027 ($ MILLION)

26. CANADA GLOBAL CAMERA MODULE MARKET SIZE, 2020-2027 ($ MILLION)

27. UK GLOBAL CAMERA MODULE MARKET SIZE, 2020-2027 ($ MILLION)

28. FRANCE GLOBAL CAMERA MODULE MARKET SIZE, 2020-2027 ($ MILLION)

29. GERMANY GLOBAL CAMERA MODULE MARKET SIZE, 2020-2027 ($ MILLION)

30. ITALY GLOBAL CAMERA MODULE MARKET SIZE, 2020-2027 ($ MILLION)

31. SPAIN GLOBAL CAMERA MODULE MARKET SIZE, 2020-2027 ($ MILLION)

32. REST OF EUROPE GLOBAL CAMERA MODULE MARKET SIZE, 2020-2027 ($ MILLION)

33. INDIA GLOBAL CAMERA MODULE MARKET SIZE, 2020-2027 ($ MILLION)

34. CHINA GLOBAL CAMERA MODULE MARKET SIZE, 2020-2027 ($ MILLION)

35. JAPAN GLOBAL CAMERA MODULE MARKET SIZE, 2020-2027 ($ MILLION)

36. SOUTH KOREA GLOBAL CAMERA MODULE MARKET SIZE, 2020-2027 ($ MILLION)

37. REST OF ASIA-PACIFIC GLOBAL CAMERA MODULE MARKET SIZE, 2020-2027 ($ MILLION)

38. REST OF THE WORLD GLOBAL CAMERA MODULE MARKET SIZE, 2020-2027 ($ MILLION)