NEW YORK, Aug. 24, 2021 /PRNewswire/ — The global CMOS camera module market is expected to grow by USD 21.04 billion according to Technavio. This marks a significant market slowdown compared to the 2020 growth estimates due to the impact of the COVID-19 pandemic in the first half of 2021. However, healthy growth is expected to continue throughout the forecast period, and the market is expected to grow at a CAGR of 10.03%.
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The CMOS camera module market is driven by the growing popularity of social media applications. The growth of the market will further be accelerated due to the rise in automation across industries.
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Major Five CMOS Camera Module Companies:
- Chicony Electronics Co. Ltd.
- Cowell e Holdings Inc.
- Guangdong Lite Array Co. Ltd.
- LG Electronics Inc.
- LITE-ON Technology Corp.
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CMOS Camera Module Market Application Outlook (Revenue, USD bn, 2020-2025)
- Consumer electronics – size and forecast 2020-2025
- Automotive – size and forecast 2020-2025
- Surveillance cameras – size and forecast 2020-2025
- Factory automation – size and forecast 2020-2025
- Others – size and forecast 2020-2025
CMOS Camera Module Market Geography Outlook (Revenue, USD bn, 2020-2025)
- North America – size and forecast 2020-2025
- APAC – size and forecast 2020-2025
- Europe – size and forecast 2020-2025
- South America – size and forecast 2020-2025
- MEA – size and forecast 2020-2025
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