More people on the planet own mobile phones with cameras than those who own one that does not. The smartphone industry has been steadily developing and growing since the launch of the first mobile phone with a camera back in late 2000. Since then, the global mobile phone market has been growing in leaps and bounds in terms of revenue, models and features being developed and launched, as well as the number of new companies entering the arena.
One important feature of smartphones is the camera, and this is probably the third or fourth important feature among other primary features that potential buyers enquire about or check before making a purchase decision. It does not matter if they are intending to use the camera for photographing people, landscapes, flora and fauna, or the moon. Demand for a good quality camera tops their wish list. Initially it was for back-facing camera models, and now with models with both back- and front-facing camera phones available in the market, there is no stopping the ‘selfies’ trend from skyrocketing and beyond.
The global CMOS camera module market was valued at US$ 14,693.7 Mn in 2016 and is projected to reach US$ 66,449.0 Mn in 2026 at a CAGR of 16.4% from 2017 to 2026.
Lesser known is that their phones need to have one crucial component – a complementary metal oxide semiconductor (CMOS) camera module. This CMOS includes a camera lens and CMOS image sensor. CMOS chips have integrated amplifiers and A/D converters, which help to lower the cost of a camera. Advanced CMOS cameras offer high-quality images in low light settings. Every CMOS pixel contains conversion microchip technology that converts an analog signal to a digital signal. CMOS sensors enable more functions in devices such as smartphones, cameras, tablets, and vehicles, and have better integration capabilities as compared to charge-coupled device (CCD) sensors.
By 2018, over a third of the global population is projected to own a smartphone, which should be around 2.53 billion smartphone users. Studies have shown that smartphone shipments worldwide are projected to exceed 1.6 billion in the next three years.
Apart from application in consumer electronics such as mobile phones, CMOS camera modules are used in the automotive sector and others. CMOS camera modules are available in 5MP and lower, 8MP, and 13MP and higher. These ranges enable respective products to be utilized for various purposes.
Increasing demand for smartphones, rising adoption of CMOS cameras for monitoring and safety purposes, cost-effectiveness, and power-efficiency of CMOS sensors are primary factors driving growth of the global CMOS camera module market to a significant extent.
CCD sensors cost more than CMOS sensors; however same size of thee CCD sensor is better than CMOS sensor, on the same size of image sensor. Higher preference for CCD sensor is restraining growth of the global CMOS camera module market to a significant extent currently.
Technological advancements such as better lenses than what are available currently will create potential opportunities for growth of existing as well as new entrants in the market.
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However, rising labor cost in countries such as China, Vietnam, India etc., is a primary factor expected to hamper growth of the global CMOS camera module market in the foreseeable future.
Some key players in the global CMOS camera module market include Cowell E Holdings Inc., LG Innotek Co. Ltd., Samsung Electro-Mechanics Co. Ltd., Sharp Corporation, and Sunny Optical Technology (Group) Company Limited.
Table Of Content:
1.0 Chapter 1
- 1.1 Preface
- 1.2 Assumptions
- 1.3 Abbreviations
2.0 Chapter 2
- 2.1 Report Description
- 2.1.1 Market Definition and Scope
- 2.2 Executive Summary
- 2.2.1 Market Snapshot, By Application
- 2.2.2 Market Snapshot, By Product Type
- 2.2.3 Market Snapshot, By Region
3.0 Chapter 3
- 3.1 Global CMOS Camera Module Market Dynamics
- 3.1.1 Drivers
- 3.1.2 Restraints
- 3.1.3 Opportunities
- 3.1.4 Trends
- 3.1.5 PEST Analysis
- 3.1.6 Porter’s Five Forces Analysis
- 7.1.5 SWOT Analysis
- 7.2 LG Innotek Co. Ltd.
- 4.0.3 Segment Trends
- 4.0.4 Market Share and Forecast, and Y-o-Y Growth, 2016–2026, (US$ Million)
- 4.1 Consumer Electronics
- 4.1.1 Overview
- 4.1.2 Market Share and Forecast, and Y-o-Y Growth, 2016–2026, (US$ Million)