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 16.37% from 2017 to 2026. The 8MP segment in the global CMOS camera module market is estimated to account for majority revenue share of 46.1% in 2017 end, owing to factors such as increasing use of devices with higher resolution cameras such as 8MP. A complementary metal oxide semiconductor (CMOS) camera module includes a camera lens and CMOS image sensor. CMOS chips have integrated amplifiers and A/D converters, which help to lower cost of a camera.
A major factor driving the growth of the global CMOS camera module market is increasing demand for smartphones and tablets in various countries across the world, rising per capita income and spending capacity among consumers in developing countries, and increasing preference for mobile devices with additional features and options. In addition, increasing adoption of picture/image, and video sharing on social networking platforms and applications such as Instagram, snapchat etc., and the novelty of high resolution and high-quality cameras is further driving the growth of the global CMOS camera module market.
However, rising labor cost in countries such as China, Vietnam, India etc., and high cost of CMOS sensors are expected to hamper the growth of the global CMOS camera module market to a certain extent over the next few years.
Companies profiled in the report are Cowell, LG Innotek, SEMCO, Sharp Electronics, Sunny Optical Technology, BYD Optical, Chicony, Global Optics, Lite-On Technology, Q-Technology.