Camera Module Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Camera Module Market Report is Segmented by Component (Image Sensor, Lens Set, and More), Sensor Type (CMOS, and CCD), Pixel/Resolution (Up To 7 MP, 8 - 13 MP, and More), Focus Type (Fixed-Focus, and Autofocus), Manufacturing Process (Chip-On-Board (COB), and More), Module Form-Factor (Compact/CCM, and More), Application (Mobile/Smartphones, and More), and Geography. The Market Forecasts are Provided in Terms of Value (USD).

Camera Module Market Size and Share

Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Compare market size and growth of Camera Module Market with other markets in Technology, Media and Telecom Industry

Camera Module Market Analysis by Mordor Intelligence

The camera module market is valued at USD 41.29 billion in 2025 and is forecast to reach USD 50.78 billion by 2030, reflecting a 4.22% CAGR over the period. Growth is shifting from pure volume expansion to feature-rich innovation, as handset saturation nudges manufacturers toward multi-camera arrays, folded-optics zoom, and on-device AI processing. Automotive safety mandates, edge-analytics surveillance, and emerging XR devices are broadening revenue streams beyond traditional mobile shipments. Component makers are prioritizing supply-chain resilience after the 2024 Taiwan earthquake exposed vulnerability in voice-coil motor (VCM) sourcing, while governments such as India are using production-linked incentives to localize assembly and attract fresh investment. Competitive intensity is rising as Korean, Japanese, and Chinese suppliers race to secure intellectual-property positions in high-value niches like under-display cameras and periscope modules.

Key Report Takeaways

  • By geography, Asia Pacific held 59.7% of the camera module market share in 2024, whereas the Middle East & Africa region is projected to expand at 6.5% CAGR through 2030.
  • By application, the mobile/smartphone segment accounted for 69.4% of 2024 revenue; the automotive segment is advancing at a 9.1% CAGR between 2025 and 2030.
  • By component, image sensors contributed 48.8% revenue in 2024, while VCMs are set to grow fastest at a 7.2% CAGR over the forecast period.
  • By pixel resolution, the 8–13 MP tier captured 34.7% camera module market size in 2024; resolutions above 13 MP are poised for a 6.8% CAGR to 2030.
  • By manufacturing process, chip-on-board retained 63.7% revenue share in 2024; wafer-level packaging leads growth with an 8.1% CAGR outlook.
  • By module form-factor, compact CCM designs commanded 83.6% of 2024 revenue, whereas MIPI-interface modules exhibit the highest forecast CAGR at 8.7%.

Segment Analysis

By Component: VCMs Drive Precision Revolution

VCM actuators underpin rapid autofocus and optical image stabilization, making them strategic levers for differentiating photo and video performance. The segment’s 7.2% CAGR surpasses the broader camera module market as handset brands spotlight low-light clarity and cinematic motion capture. Earthquake-induced shortages spurred exploration of piezoelectric and MEMS alternatives, yet VCMs retain cost and maturity advantages. Concurrently, image sensors held 48.8% revenue share in 2024, benefiting from stacked architectures that integrate on-sensor memory, enabling burst capture and multi-frame HDR. Advancements in back-side illumination have reduced noise floors, widening dynamic range for mobile and automotive applications.

Integration trends link VCMs with in-sensor phase-detection algorithms, allowing focus systems to swing from hardware to software symbiosis. Lens sets grow in complexity as folded-optics and variable-aperture designs proliferate, while module assemblers adopt active alignment robotics to hit micron-level tolerances. These changes reinforce the camera module market’s shift toward higher value per unit even as smartphone growth plateaus. Suppliers investing in actuator innovation and sensor-lens co-development position themselves at the premium end of the camera module industry’s margin curve.

Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Note: Segment shares of all individual segments available upon report purchase

By Sensor Type: CMOS Dominance Drives Innovation

CMOS technology owns 90.1% of shipments, its single-chip integration and low power making CCD largely obsolete. Back-side-illuminated (BSI) variants lead the innovation front, expanding at 4.24% CAGR as they boost quantum efficiency for night-mode photography and autonomous-vehicle vision. High-dynamic-range (HDR) CMOS designs now leverage lateral overflow capacitors to capture extreme luminance ranges in a single exposure, satisfying stringent automotive safety requirements.

Three-dimensional stacking pushes processing logic under the photodiode plane, trimming signal paths and opening doors to neuromorphic, event-based sensing that outputs only pixel-level changes. Such architectures reduce bandwidth and energy demand, critical for edge AI deployments. Continuous CMOS optimization ensures the camera module market remains driven by sensor advances that cascade into entire imaging subsystems.

By Pixel/Resolution: Mid-range dominates while high-resolution accelerates

The 8–13 MP band remains the industry’s workhorse, controlling 34.7% revenue thanks to its balance of data load, battery drain, and perceived image clarity. Computational photography techniques upscale detail without proportionally larger files, letting OEMs prioritize software pipelines over larger pixel counts. Dual-gain sensors and multi-frame fusion extract superior dynamic range from mid-resolution hardware, reinforcing the segment’s dominance across cost-sensitive smartphones and IoT vision nodes.

Conversely, resolutions above 13 MP are climbing at a 6.8% CAGR, driven by flagship periscope cameras, medical imaging probes, and industrial inspection systems that need granular detail. Quad-Bayer pixel-binning enables these high-res sensors to toggle between full-resolution daylight capture and low-noise night shots, guarding power budgets. As module thickness constraints persist, innovations in micro-lens design and deep-trench isolation help maintain quantum efficiency, anchoring the camera module market size gains in premium tiers.

By Focus Type: Autofocus Capabilities Expand Applications

Phase-detection autofocus (PDAF) pixels embedded within CMOS arrays cut focusing times, boosting burst-shot hit rates in sports and action scenarios. Voice-coil motor precision improvements and closed-loop calibration algorithms ensure stable optical image-stabilization even at extended focal lengths. Liquid-lens prototypes promise millisecond refocus without moving parts, reducing wear and supporting rugged industrial deployments.

Fixed-focus modules still serve barcode scanners, entry-level laptops, and certain surveillance installations where broad depth of field suffices. Software depth estimation blurs backgrounds or sharpens critical regions on demand, blurring hardware segmentation lines. These developments widen the addressable space for the camera module market, letting vendors tailor focus performance to application-specific cost and reliability thresholds.

By Manufacturing Process: Packaging Innovations Drive Miniaturization

Chip-on-board (COB) lines deliver 63.7% of shipments by leveraging established tooling and yielding favorable cost curves for high-volume smartphone assembly. Yet the camera module market is witnessing a pivot toward wafer-level packaging (WLP) and flip-chip as OEMs demand slimmer profiles and tighter tolerances. WLP’s promise of lens-sensor co-alignment at the wafer stage eliminates post-singulation calibration, enabling z-heights compatible with foldable devices and AR glasses.

Moth-eye antireflective nanostructures etched via nanoimprint lithography have raised optical transmittance, mitigating under-display dimming penalties. Flip-chip offers an intermediate path, borrowing from semiconductor logic packaging to shorten electrical paths and reduce electromagnetic interference. Investment in advanced packaging differentiates suppliers and underpins premium-segment pricing in the camera module industry.

Camera Module Market: Market Share
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

By Module Form-Factor: Integration Drives New Designs

Compact camera modules (CCM) dominate with 83.6% 2024 revenue, yet their internal layouts are evolving to host folded optics, larger sensors, and integrated AI accelerators. Prism-based periscope stacks enable 9× zoom within sub-7 mm thickness constraints, redefining optical possibilities for slim flagships. Active alignment machinery now positions multiple lenses and sensors in a single housing, trimming bill-of-materials and assembly time.

MIPI-interface modules are the fastest-growing slice at 8.7% CAGR, thanks to standardized CSI-2 and D-PHY links that streamline multi-camera orchestration in vehicles, drones, and industrial robots. Plug-and-play configurability accelerates design cycles and cuts qualification cost, inviting new entrants into the camera module market. Form-factor flexibility supports emerging uses such as dual-purpose cabin monitoring and facial-recognition doorbells, fueling incremental demand.

By Application: Smartphones Lead While Automotive Accelerates

Smartphones retain 69.4% of 2024 revenue, but unit growth has plateaued, shifting emphasis to richer camera feature sets and higher dollar-content per handset. The average cameras-per-device metric is projected to reach five by 2025, reinforcing the camera module market’s dependency on optical differentiation to trigger upgrade cycles. Computational imaging pipelines extend sensor capability, letting OEMs extract DSLR-like results from pocket-sized hardware.

Automotive modules, though smaller in volume, post the fastest 9.1% CAGR as regulators lock in rear-visibility and surround-view requirements. Custom polarization filters and high-dynamic-range sensors withstand glare, fog, and headlight reflections, preserving object detection accuracy. Healthcare, surveillance, and industrial robotics round out demand, each capitalizing on edge-analytics advances that convert raw pixels into actionable data. These cross-vertical gains stabilize market outlook against smartphone cyclicality.

Geography Analysis

Camera Module Market in North America

Asia Pacific controlled 59.7% of global revenue in 2024, propelled by dense supply chains spanning sensors in Japan and Taiwan, lens assemblies in mainland China, and finishing lines in Vietnam and India. New Delhi’s Production Linked Incentive program reimburses capital expenditure for domestic module assembly, enticing multinational contract manufacturers to localize production and shorten delivery times. Taiwan’s semiconductor depth supplies leading-edge logic for on-camera AI co-processors, reinforcing the region’s systemic importance.

North America and Europe combine premium handset demand with stringent vehicle-safety standards, underpinning stable requirements for high-reliability modules. US-based XR headset programs add incremental pulls for depth-sensing arrays, while the European Union’s EN 303645 cybersecurity baseline extends design cycles but yields hardened, upgradable connected cameras. Subsidy regimes for electric-vehicle autonomy further embed cameras as critical perception inputs.

Middle East & Africa, the fastest-growing region at 6.5% CAGR, banks on smart-city deployments in the Gulf that deploy edge AI cameras for traffic flow and public-safety analytics. Local integrators partner with global hardware vendors to roll out FIPS-compliant surveillance grids, catalyzing secondary demand for storage, compute, and network upgrades. South America offers longer-run upside as smartphone penetration rises and regional auto-safety standards converge with EU and US precedents.

Camera Module Market
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Competitive Landscape

Market concentration is moderate and trending upward as technical barriers climb. LG Innotek and Samsung Electro-Mechanics leverage scale and vertical control to secure flagship design wins across Korean and US handset brands. Sunny Optical and other Chinese contenders have closed quality gaps, aided by state-supported capital and aggressive patent filings in periscope zoom and under-display architectures. Intellectual-property disputes increasingly shape negotiations, with cross-licensing essential for multi-market access.

Strategic alliances link optics specialists to AI silicon partners, as exemplified by Advantech’s integration of NVIDIA Jetson modules into industrial cameras to create turnkey edge-analytics nodes. Component shortages drive larger players toward upstream investment: Korean conglomerates are building internal VCM and lens-barrel lines to de-risk supply, while Japanese sensor makers explore joint ventures with optics houses to deliver fully calibrated sub-assemblies. Niche innovators such as Omnitron Sensors target emerging long-range lidar and robotics markets with MEMS scanning mirrors, adding competitive diversity.

Over the next five years, success will hinge on mastering folded-optics alignment, wafer-level packing yields, and embedded AI acceleration. Vendors that combine differentiated silicon, precision mechanics, and secure firmware updates will capture disproportionate value as the camera module market tips toward smart-sensor ecosystems rather than discrete imaging parts.

Camera Module Industry Leaders

  1. Chicony Electronics Co. Ltd

  2. Cowell E Holdings Inc.

  3. Fujifilm Corporation

  4. LG Innotek Co. Ltd

  5. Samsung Electro-Mechanics Co. Ltd.

  6. *Disclaimer: Major Players sorted in no particular order
Camera Module Market
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.
Need More Details on Market Players and Competitors?
Download PDF

Recent Industry Developments

  • May 2025: Huawei tested a 200 MP periscope camera aimed at flagship phones, lifting optical-zoom resolution ceilings.
  • May 2025: Samsung’s camera module supplier forecast a 40% revenue boost on Galaxy S25 demand spikes.
  • March 2025: i-PRO released U-series edge-AI cameras with FIPS 140-3 level 3 security certification.
  • March 2025: Advantech launched the ICAM-540 all-in-one AI camera at NVIDIA GTC 2025, positioning it for material inspection on smart-factory lines.
  • February 2025: India’s Union Budget granted full customs-duty exemption on camera modules, reducing local production costs.

Table of Contents for Camera Module Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET LANDSCAPE

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Multi-camera Smartphone Adoption Exceeding 3 Lenses in Chinese Flagships
    • 4.2.2 Rear-Visibility and ADAS Camera Mandates (FMVSS 111, EU GSR)
    • 4.2.3 AI-Enabled Edge-Analytics Surveillance Roll-outs in Middle-East Smart-City Projects
    • 4.2.4 Periscope/Folded-Optics Boom Elevating Lens Count per Module
    • 4.2.5 PLI Scheme-Driven Local Assembly of Modules in India
    • 4.2.6 3D/Depth Sensing Demand for XR Headsets in United States and Korea
  • 4.3 Market Restraints
    • 4.3.1 VCM Actuator Supply Constraints Post 2024 Earthquake in Taiwan
    • 4.3.2 Wafer-Level Optics Yield Loss in Under-Display Camera Modules
    • 4.3.3 Escalating Patent Litigation on Stacked CIS Architectures
    • 4.3.4 EN 303645 Cyber-Security Compliance Delays for Networked Modules in EU
  • 4.4 Industry Ecosystem Analysis
  • 4.5 Technological Outlook
  • 4.6 Porter's Five Forces Analysis
    • 4.6.1 Bargaining Power of Suppliers
    • 4.6.2 Bargaining Power of Buyers
    • 4.6.3 Threat of New Entrants
    • 4.6.4 Threat of Substitutes
    • 4.6.5 Intensity of Competitive Rivalry
  • 4.7 Pricing Analysis
  • 4.8 Ultra-miniature Camera Module Dynamics
  • 4.9 Investment Analysis (CapEx in Assembly and Test Lines)

5. MARKET SIZE AND GROWTH FORECASTS (VALUES)

  • 5.1 By Component
    • 5.1.1 Image Sensor
    • 5.1.2 Lens Set
    • 5.1.3 Camera Module Assembly
    • 5.1.4 Voice-Coil Motor (AF and OIS)
  • 5.2 By Sensor Type
    • 5.2.1 CMOS
    • 5.2.2 CCD
  • 5.3 By Pixel/Resolution
    • 5.3.1 Up to 7 MP
    • 5.3.2 8 - 13 MP
    • 5.3.3 Above 13 MP
  • 5.4 By Focus Type
    • 5.4.1 Fixed-Focus
    • 5.4.2 Autofocus
  • 5.5 By Manufacturing Process
    • 5.5.1 Chip-on-Board (COB)
    • 5.5.2 Flip-Chip/Wafer-Level Packaging
  • 5.6 By Module Form-Factor
    • 5.6.1 Compact/CCM
    • 5.6.2 MIPI-Interface Modules (CSI/DSI)
  • 5.7 By Application
    • 5.7.1 Mobile/Smartphones
    • 5.7.2 Consumer Electronics (ex-Mobile)
    • 5.7.3 Automotive
    • 5.7.4 Healthcare and Medical Imaging
    • 5.7.5 Security and Surveillance
    • 5.7.6 Industrial and Robotics
  • 5.8 By Geography
    • 5.8.1 North America
    • 5.8.1.1 United States
    • 5.8.1.2 Canada
    • 5.8.1.3 Mexico
    • 5.8.2 Europe
    • 5.8.2.1 Germany
    • 5.8.2.2 United Kingdom
    • 5.8.2.3 France
    • 5.8.2.4 Italy
    • 5.8.2.5 Spain
    • 5.8.2.6 Rest of Europe
    • 5.8.3 Asia-Pacific
    • 5.8.3.1 China
    • 5.8.3.2 Japan
    • 5.8.3.3 South Korea
    • 5.8.3.4 India
    • 5.8.3.5 South East Asia
    • 5.8.3.6 Australia
    • 5.8.3.7 Rest of Asia-Pacific
    • 5.8.4 South America
    • 5.8.4.1 Brazil
    • 5.8.4.2 Rest of South America
    • 5.8.5 Middle East and Africa
    • 5.8.5.1 Middle East
    • 5.8.5.1.1 United Arab Emirates
    • 5.8.5.1.2 Saudi Arabia
    • 5.8.5.1.3 Rest of Middle East
    • 5.8.5.2 Africa
    • 5.8.5.2.1 South Africa
    • 5.8.5.2.2 Rest of Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Strategic Moves (M&A, JVs, CapEx)
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share, Products and Services, and Recent Developments)
    • 6.4.1 LG Innotek Co. Ltd
    • 6.4.2 Samsung Electro-Mechanics Co. Ltd
    • 6.4.3 Sunny Optical Technology (Gp) Co. Ltd
    • 6.4.4 O-Film Group Co. Ltd
    • 6.4.5 Hon Hai Precision/Foxconn (incl. Sharp)
    • 6.4.6 Chicony Electronics Co. Ltd
    • 6.4.7 LuxVisions Innovation Ltd (Lite-On)
    • 6.4.8 Cowell E Holdings Inc.
    • 6.4.9 Sony Group Corporation
    • 6.4.10 OmniVision Technologies Inc.
    • 6.4.11 STMicroelectronics N.V.
    • 6.4.12 AMS Osram AG
    • 6.4.13 ON Semiconductor Corp.
    • 6.4.14 Panasonic Corp.
    • 6.4.15 Largan Precision Co. Ltd
    • 6.4.16 MinebeaMitsumi (Mitsumi Electric)
    • 6.4.17 Canon Inc.
    • 6.4.18 Robert Bosch GmbH
    • 6.4.19 Continental AG
    • 6.4.20 Magna International Inc.
    • 6.4.21 Valeo SA
    • 6.4.22 e-con Systems Pvt Ltd

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

  • 7.1 White-Space and Unmet-Need Assessment
*List of vendors is dynamic and will be updated based on customized study scope
You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Global Camera Module Market Report Scope

The camera module, also known as a compact camera module (CCM), is widely used in security systems, video conferencing, real-time monitoring, and other applications as a video input device. Maturity in photographic imaging device technology, continuous improvement in the network's speed, and advancement in internet technology have boosted the camera module market’s development and growth. One of the prime factors triggering the demand for camera modules is their wide adoption in smartphones, automotive, healthcare, and various other applications.

The camera module market is segmented by component (image sensor, lens, camera module assembly, and VCM suppliers (AF & OIS)), by application (mobile, consumer electronics (excluding mobile), automotive, healthcare, security, and industrial), and geography (North America, Europe, Asia Pacific, and Rest of the World). The report offers market forecasts and sizes in volume (units) and value (USD) for all the above segments.

By Component Image Sensor
Lens Set
Camera Module Assembly
Voice-Coil Motor (AF and OIS)
By Sensor Type CMOS
CCD
By Pixel/Resolution Up to 7 MP
8 - 13 MP
Above 13 MP
By Focus Type Fixed-Focus
Autofocus
By Manufacturing Process Chip-on-Board (COB)
Flip-Chip/Wafer-Level Packaging
By Module Form-Factor Compact/CCM
MIPI-Interface Modules (CSI/DSI)
By Application Mobile/Smartphones
Consumer Electronics (ex-Mobile)
Automotive
Healthcare and Medical Imaging
Security and Surveillance
Industrial and Robotics
By Geography North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
Japan
South Korea
India
South East Asia
Australia
Rest of Asia-Pacific
South America Brazil
Rest of South America
Middle East and Africa Middle East United Arab Emirates
Saudi Arabia
Rest of Middle East
Africa South Africa
Rest of Africa
By Component
Image Sensor
Lens Set
Camera Module Assembly
Voice-Coil Motor (AF and OIS)
By Sensor Type
CMOS
CCD
By Pixel/Resolution
Up to 7 MP
8 - 13 MP
Above 13 MP
By Focus Type
Fixed-Focus
Autofocus
By Manufacturing Process
Chip-on-Board (COB)
Flip-Chip/Wafer-Level Packaging
By Module Form-Factor
Compact/CCM
MIPI-Interface Modules (CSI/DSI)
By Application
Mobile/Smartphones
Consumer Electronics (ex-Mobile)
Automotive
Healthcare and Medical Imaging
Security and Surveillance
Industrial and Robotics
By Geography
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
Japan
South Korea
India
South East Asia
Australia
Rest of Asia-Pacific
South America Brazil
Rest of South America
Middle East and Africa Middle East United Arab Emirates
Saudi Arabia
Rest of Middle East
Africa South Africa
Rest of Africa
Need A Different Region or Segment?
Customize Now

Key Questions Answered in the Report

What is the current size of the camera module market?

The market is valued at USD 41.29 billion in 2025 and is expected to reach USD 50.78 billion by 2030.

Which application accounts for the largest revenue share?

Mobile and smartphone cameras dominate with 69.4% of 2024 revenue, driven by multi-camera smartphone adoption trends.

Why is the automotive segment considered the fastest growing?

Regulatory mandates like FMVSS 111 and EU GSR are making rear-visibility and ADAS cameras compulsory, propelling a 9.1% CAGR from 2025 to 2030.

Which packaging technology is gaining traction for ultra-thin modules?

Wafer-level packaging is the fastest-growing approach at an 8.1% CAGR, enabling thinner profiles and precise lens-sensor alignment for emerging devices

How did the 2024 Taiwan earthquake affect the industry?

It disrupted VCM actuator supply, exposing single-source vulnerabilities and prompting OEMs to diversify sourcing and explore piezoelectric alternatives.

What regional policy is boosting local camera module production in India?

India’s Production Linked Incentive scheme and a 2025 customs-duty exemption on modules are incentivizing domestic assembly and lowering manufacturing costs.