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Camera Module Market Overview

Camera Module Market Overview

(Summary description)The global CCM market has been ballooning thanks to expeditious penetration of multi-camera phones and advances in automotive ADAS, being worth $27.1 billion in 2018 and projected to be $45.7 billion in 2024, growing at a compound annual rate of 9.1% in between.

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  • Time of issue:2019-09-18 15:03
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The global CCM market has been ballooning thanks to expeditious penetration of multi-camera phones and advances in automotive ADAS, being worth $27.1 billion in 2018 and projected to be $45.7 billion in 2024, growing at a compound annual rate of 9.1% in between.

 

 

Mobile devices still drive the growth of camera modules. Nowadays, single-camera, dual-camera and triple-camera mobile phones prevail globally, of which dual rear camera mobile phones share 40%. However, the upcoming triple-camera, four-camera and five-camera mobile phones will undoubtedly beat dual-camera ones, and triple-camera and four-camera phone models will become the mainstream alongside the burgeoning demand for mobile phone camera modules.

 

 

The world camera module market is now firmly held by Sunny Optical, O-Film, LG Innoteck, LUXVISIONS, etc. O-Film has become the mainstream supplier of dual-camera and multi-camera modules in the industry by its self-developed AA focusing process, highly automated production lines and mass-production competence, delivering 6.6 billion camera modules and leading the pack worldwide in 2019. As smartphone market maturation is creating a high competition environment in which cameras play a central role maintaining the momentum of the CCM industry, the industry is slowly moving toward consolidation.

 

Over the last 10 years, Changchun Yongoo Technology has successfully developed a technology platform in low temperature curing epoxy adhesives. We have demonstrated that we can modify adhesive properties such as cure temperature, Tgmodulus, CTE, adhesion, and thermal conductivity to meet customer requirements. Our LHA adhesives and DA have aided customers in their new designs.

 

 

 

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