Yole Developpement reports on CCM market:
"After the outbreak of the pandemic in 2020, society and enterprise including Compact Camera Module (CCM) industry were temporarily suspended, but swift action was taken, and CCM industry quickly recovered.
The multi-camera approach in mobile not only increases photography functions (such as macro, telephoto etc.) but also greatly improves the photographic effects. As a result, the multiple-camera strategy is applicable in most of smartphones, resulting in an increase in the number of mobile CCMs to increase from 4.9B to 5.4B units from 2019 to 2020, a Yearover- Year (YoY) growth of 10.4%.
From imaging to sensing, the 3D camera could be in the front or rear (the front also includes optical fingerprint recognition), it will positively affect the developmental direction of the multicamera approach in mobile phones.
The automotive market started with rear imaging and has now developed to 360 surround-view, going from one camera to at least four even more. The autonomous driving is also increasing the need for more cameras. In addition, cars also need in-cabin cameras, as well as cameras to replace rearview mirrors. They are the next wave of CCM market.
In the consumer sector, products are becoming intelligent – connected to everything – allowing vision to play a more significant role in applications such as robots and home surveillance cameras. These will need more cameras.
Yole Développement expects the revenue of the global camera module to expand from $34B in 2020 to $59B in 2026, at a 9.8% CAGR."
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