The North America Camera Modules Market would witness market growth of 8.7% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 207.5 million units, showcasing a growth of 2.4% (2019-2022).
Smartphone camera modules have evolved significantly, introducing features like multiple lenses, image stabilization, night mode, and computational photography. These innovations have transformed how we capture and share moments and impacted industries like social media, e-commerce, and augmented reality. From snapping photos for social media platforms to enhancing the online shopping experience with augmented reality try-ons, smartphone camera modules have become indispensable consumer tools.
In the automotive sector, camera modules have played a pivotal role in enhancing safety and enabling automation. Advanced driver assistance systems (ADAS) depend heavily on camera modules to provide features like lane departure warnings, adaptive cruise control, and automated parking. These systems use image recognition and computer vision algorithms to analyze the surroundings and make real-time decisions, improving road safety and reducing accidents.
Canadians have embraced electronic commerce amid a significant disruption in retail channels. As per the International Trade Administration, over 27 million eCommerce users, or 75% of the Canadian population, were present in Canada in 2022. This proportion is expected to reach 77.6% in 2025. March 2022 e-commerce sales were estimated to be around $2.34 billion. Retail eCommerce sales are anticipated to reach $40.3 billion in US sales by 2025. As a response to competition from websites like Amazon Canada, retailers use digital platforms to reach consumers distributed over a broad landmass. These factors will boost the demand for camera modules in the North America region.
The US market dominated the North America Camera Modules Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $15,063.1 million by 2030. The Canada market is exhibiting a CAGR of 11.1% during (2023 - 2030). Additionally, The Mexico market would experience a CAGR of 10.1% during (2023 - 2030).
Based on Interface, the market is segmented into Serial and Parallel. Based on Focus Type, the market is segmented into Fixed Focus and Auto Focus. Based on Pixel, the market is segmented into Upto 7 MP, 8 - 13 MP and Above 13 MP. Based on Component, the market is segmented into Image Sensors (CCD, CMOS, and Others), Lens Modules, Voice Coil Motor and Others. Based on Industry, the market is segmented into Consumer Electronics (Smartphones, Camera, Tablets & PC, Wearable and Others), Automotive, Security & Surveillance, Industrial, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Hon Hai Precision Industry Co., Ltd., Sony Corporation, Intel Corporation, Samsung Electro-Mechanics Co., Ltd. (Samsung Electronics Co., Ltd.), Fujifilm Holdings Corporation, OmniVision Technologies, Inc. (OmniVision Group-Shanghai Weir Semiconductor Co., Ltd.), ams-OSRAM AG, STMicroelectronics N.V., Sharp Corporation, and ON Semiconductor Corporation.
Smartphone camera modules have evolved significantly, introducing features like multiple lenses, image stabilization, night mode, and computational photography. These innovations have transformed how we capture and share moments and impacted industries like social media, e-commerce, and augmented reality. From snapping photos for social media platforms to enhancing the online shopping experience with augmented reality try-ons, smartphone camera modules have become indispensable consumer tools.
In the automotive sector, camera modules have played a pivotal role in enhancing safety and enabling automation. Advanced driver assistance systems (ADAS) depend heavily on camera modules to provide features like lane departure warnings, adaptive cruise control, and automated parking. These systems use image recognition and computer vision algorithms to analyze the surroundings and make real-time decisions, improving road safety and reducing accidents.
Canadians have embraced electronic commerce amid a significant disruption in retail channels. As per the International Trade Administration, over 27 million eCommerce users, or 75% of the Canadian population, were present in Canada in 2022. This proportion is expected to reach 77.6% in 2025. March 2022 e-commerce sales were estimated to be around $2.34 billion. Retail eCommerce sales are anticipated to reach $40.3 billion in US sales by 2025. As a response to competition from websites like Amazon Canada, retailers use digital platforms to reach consumers distributed over a broad landmass. These factors will boost the demand for camera modules in the North America region.
The US market dominated the North America Camera Modules Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $15,063.1 million by 2030. The Canada market is exhibiting a CAGR of 11.1% during (2023 - 2030). Additionally, The Mexico market would experience a CAGR of 10.1% during (2023 - 2030).
Based on Interface, the market is segmented into Serial and Parallel. Based on Focus Type, the market is segmented into Fixed Focus and Auto Focus. Based on Pixel, the market is segmented into Upto 7 MP, 8 - 13 MP and Above 13 MP. Based on Component, the market is segmented into Image Sensors (CCD, CMOS, and Others), Lens Modules, Voice Coil Motor and Others. Based on Industry, the market is segmented into Consumer Electronics (Smartphones, Camera, Tablets & PC, Wearable and Others), Automotive, Security & Surveillance, Industrial, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Hon Hai Precision Industry Co., Ltd., Sony Corporation, Intel Corporation, Samsung Electro-Mechanics Co., Ltd. (Samsung Electronics Co., Ltd.), Fujifilm Holdings Corporation, OmniVision Technologies, Inc. (OmniVision Group-Shanghai Weir Semiconductor Co., Ltd.), ams-OSRAM AG, STMicroelectronics N.V., Sharp Corporation, and ON Semiconductor Corporation.
Scope of the Study
Market Segments Covered in the Report:
By Interface (Volume, Million Units, USD Million, 2019-2030)- Serial
- Parallel
- Fixed Focus
- Auto Focus
- Upto 7 MP
- 8 - 13 MP
- Above 13 MP
- Image Sensors
- CCD
- CMOS
- Others
- Lens Modules
- Voice Coil Motor
- Others
- Consumer Electronics
- Smartphones
- Camera
- Tablets & PC
- Wearable
- Others
- Automotive
- Security & Surveillance
- Industrial
- Others
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Hon Hai Precision Industry Co., Ltd.
- Sony Corporation
- Intel Corporation
- Samsung Electro-Mechanics Co., Ltd. (Samsung Electronics Co., Ltd.)
- Fujifilm Holdings Corporation
- OmniVision Technologies, Inc. (OmniVision Group-Shanghai Weir Semiconductor Co., Ltd.)
- ams-OSRAM AG
- STMicroelectronics N.V.
- Sharp Corporation
- ON Semiconductor Corporation
Unique Offerings
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. North America Camera Modules Market by Interface
Chapter 6. North America Camera Modules Market by Focus Type
Chapter 7. North America Camera Modules Market by Pixel
Chapter 8. North America Camera Modules Market by Component
Chapter 9. North America Camera Modules Market by Industry
Chapter 10. North America Camera Modules Market by Country
Chapter 11. Company Profiles
Companies Mentioned
- Hon Hai Precision Industry Co., Ltd.
- Sony Corporation
- Intel Corporation
- Samsung Electro-Mechanics Co., Ltd. (Samsung Electronics Co., Ltd.)
- Fujifilm Holdings Corporation
- OmniVision Technologies, Inc. (OmniVision Group-Shanghai Weir Semiconductor Co., Ltd.)
- ams-OSRAM AG
- STMicroelectronics N.V.
- Sharp Corporation
- ON Semiconductor Corporation
Methodology
LOADING...
