Global Mobile Camera Module Market Increasing Demands At CAGR of more than 15% by 2019 Technology Articles | July 27 nike air max 2017 white womens australia , 2016
The report "Global Mobile Camera Module Market 2015-2019", has been prepared based on an in-depth market analysis with inputs from industry experts.
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Market outlook of the global mobile camera module market
A camera module is integrated into devices like cameras, smartphones, tablets, laptops cheap nike air max 2017 australia , automobiles, and gaming consoles and consists of a lens module, an image sensor chip, and a module case. The global market for mobile camera modules is expected to show healthy growth during the forecast period and is positively affected by factors like the rapid growth of the electronic devices market. The increasing implementation of camera modules in devices like smartphones and laptops is expected to result in its impressive CAGR of more than 15% by 2019.
The growing popularity of social networking applications is the key driver for the growth of this market. Recently, it has been observed that the usage of apps like Facebook cheap nike air max 2017 , Instagram, WhatsApp, Snap chat, and Twitter has increased rapidly. Consequently, this has encouraged the smartphone and tablet vendors to integrate high-quality cameras into their devices nike air max 2017 australia , which in turn is expected to attract customers and result in market growth during the forecast period.
Segmentation by application and analysis of the mobile camera module market Smartphones Laptops Tablets
In this market research report, Technavio market research analysts estimate the smartphone industry segment to be the highest revenue-generating segment during the forecast period. This sector is envisaged to account for more than 91% of the total market revenue by 2019 and critical factors like the advent of dual cameras in mobile devices is predicted to foster market growth during the forecast period.
Geographical segmentation of the mobile camera module market Americas EMEA APAC
Technavios market research analyst estimates the APAC region to account for the largest market share during the forecast period. This region is estimated to generate a revenue of USD 13 billion by 2019 and factors like the augmented shipment of smartphones and tablets are envisaged to bolster the prospects for growth in this region during the forecast period.
Competitive landscape and key vendors The global market for mobile camera modules is highly fragmented and is primarily dominated by a few key players. LG Innotek is the leading vendor in this market and is closely followed by vendors like SEMCO, Sharp, Cowell and Sunny.
Key vendors in this market are - Cowell LG Innotek SEMCO Sharp Sunny Optical Technology
Other prominent vendors analyzed in this global market research are Lite-On, Partron nike air max 90 ultra 2.0 flyknit infrared , Foxconn, Chicony Electronics, Toshiba, STMicroelectronics, and Omnivision.
Key questions answered in the report include What will the market size and the growth rate be in 2019? What are the key factors driving the global mobile camera module market? What are the key market trends impacting the growth of the global mobile camera module market? What are the challenges to market growth? Who are the key vendors in the global mobile camera module market? What are the market opportunities and threats faced by the vendors in the global mobile camera module market? Trending factors influencing the market shares of the EMEA nike air max 90 ultra se australia , Americas, and APAC? What are the key outcomes of the five forces analysis of the global mobile camera module market?
Technavio also offers customization on reports based on specific client requirement.
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