Market Share of Camera Module Industry
The camera module market is moving towards a fragmented stage as the growing demand is attracting new players to enter the market. The growing presence of prominent manufacturers in the camera module industry is expected to intensify competitive rivalry during the forecast period. Market incumbents, such as Cowell E Holdings Inc., Fujifilm Corporation, and Sony Corporation, considerably influence the overall market.
In May 2023, Sharp introduced the Aquos R8 Pro, which features a 1" Leica image sensor. It has a 47.2MP 1-inch Sony IMX989 primary camera with a Summicron lens as opposed to a 50.3MP 1/1.55-inch camera with a 19 mm focal length equivalent. Additionally, they are fueled by a 4,570 mAh battery and a Qualcomm Snapdragon 8 Gen 2 chipset with LPDDR5x RAM and UFS 4.0 storage.
In April 2023, Samsung Electro-Mechanics announced that it would release a 200-megapixel-class camera module with improved image stabilization features that are more than twice as good. The company also wants to target the market with unique technologies for taking high-quality photos and videos. This product's 3.0-degree image stabilization angle is twice as good as the existing products' 1.5-degree stabilization angle. Among the smartphones with OIS features currently on the market, it offers the highest level globally.
Camera Module Market Leaders
Chicony Electronics Co. Ltd
Cowell E Holdings Inc.
Fujifilm Corporation
LG Innotek Co. Ltd
Samsung Electro-Mechanics Co. Ltd.
*Disclaimer: Major Players sorted in no particular order
