© 2016 Global Market Insights, Inc. USA. All Rights Reserved Compact Camera Module Market Size Growth During Forecast Period.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Compact Camera Module Market size is predicted to witness high growth over the forecast period with its increasing integration in consumer electronic solutions such as smartphones, tablets, and cameras. Several features responsible for the increased adoption of modules in consumer electronic products include low- illumination photo-taking, low-power module, hand-shaking correction functions, and super speedy autofocusing.  The device also provides several functionalities including downsampling features and light sensing capabilities that allow the user to take photos with the help of electronic products, thereby accelerating the compact camera module market growth. Various factors, such as rise in smartphone penetration and increasing modifications in camera quality, will also drive the market. Key Insights from Compact Camera Module Market:

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Continued…  The increasing adoption of solutions in automotive vehicles for safe & secured driving is predicted to augment the compact camera module market. The integration of devices in automated driving and Advanced Driver Assistance Systems (ADAS) for lane discipline, parking assistance, traffic signal recognition, and self-driving features allows manufacturers to enhance safety driving features of the vehicle. The rear-view camera in automotive vehicles provides a back view that assists the driver to park in a narrow space.  Several companies are engaged in integrating these modules into their advanced automated systems, thereby propelling the compact camera module market growth. For instance, in July 2019, Pioneer Systems introduced AI-based ADAS solutions with a connected dual camera drive recorder. Rise in the adoption of the modern camera technology in automotive systems will augment the market growth.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Latest Research Compact Camera Module Request for a table of contents this research

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Market research reports: Key analytical components

Major Companies in Compact Camera Module Market : Chicony Electronics Co.Ltd. LG Innotek LITE-ON Technology Corporation OFILM Tech Co.Ltd. Sunny Optical Technology (Group) Company Limited and Samsung Electro-Mechanics

© 2016 Global Market Insights, Inc. USA. All Rights Reserved The Asia Pacific compact camera module market will grow at a substantial rate over the coming years owing to the strong presence of a large number of consumer electronics manufacturers in the region. This results in the reduction in prices of electronic components, allowing camera manufacturers to easily procure raw materials on low-cost structure. The high availability of raw material suppliers or component providers offers strong bargaining power to the compact camera market players. Moreover, camera manufacturers are partnering with suppliers for continuous delivery of electronic components. For instance, in August 2018, Xiaomi announced its partnership with Holitech Technology to start manufacturing of compact camera modules in India. Regional Insights Compact Camera Module Market:

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Stay In Touch Website: Social Media: