Affected by factors like the maturity of mobile phone markets worldwide and the prolonged replacement of mobile phone by users, the mobile phone market has undergone a slowdown in growth rate. From Q4 2017 to Q1 2019, the quarterly global smartphone shipments saw a year-on-year decline for six consecutive quarters. Albeit the stagnant or even lower smartphone shipments, functional modules with continuous innovation opportunities, such as camera modules, will still remain a focus in the future. Thanks to the sizeable growth of multi-camera and 3D camera smartphones, the global smartphone camera market size will soar from USD16.7 billion in 2018 to USD27.6 billion in 2025, presenting a CAGR of 7.4%.
It is an inevitable trend that smartphone cameras will be featured with SLR performance, and camera innovation will play a main role in smartphone innovation in future. In 2019, the triple-camera will find wider application in high-end smartphones and the penetration rate may reach 8.7% worldwide. Quad-camera mobile phones are expected to be mass-produced and shipped in 2021. The penetration rate of multi-camera mobile phones (with triple-camera and above) will stand at 78.1% by 2025.
Led by iPhone, 3D cameras are expected to penetrate rapidly in China-made mobile phones in the future. The global penetration rate will reach 17.5% in 2020 and 91.5% in 2025.
As for competition, the mobile phone camera module industry is characterized by extremely fierce competition and a low concentration ratio, with the CR3 of 25% and the CR5 of about 36%. O-Film and Sunny Optical rank among the top two. With years of experience in camera module production, O-Film has become a leading camera module vendor in China and has ranked first in the world by module shipments for many years. In recent years, it has enhanced its production and R&D capabilities by acquiring Sony Electronics Huanan, Fujitsu Tianjin and Fujifilm’s lens patents. Targeting medium and high-end mobile phone lens module market, Sunny Optical has always been the market leader in terms of module fabrication technology. Currently, it has developed 3D sensing, periscope-style and triple-camera modules, and further delved in R&D of automotive cameras to occupy a place in the field of ADAS.
The report highlights the following:
Camera module industry overview, including industry chain and related technology roadmap;
Global camera module market size and competitive landscape;
Global camera module market segments: including mobile phones and automobiles;
Multi-camera and 3D camera module technologies;
Operating performance, main products, supply, production layout, production and marketing, development strategy, etc. of 17 camera module vendors like Chicony, O-Film and Sunny Optical.