Global Market Of Automotive Camera Module Developed Rapidly, With An Average Growth Rate Of 31%

1. According to GIR,in the last several years, global market of automotive camera module developed rapidly, with an average growth rate of 31%. In 2015, global revenue of automotive camera module is nearly 1517 M USD; the actual production is about 61 million units.
2. The global average price of automotive camera module is in the decreasing trend, from 28.4 USD/Unit in 2011 to 24.7 USD/Unit in 2015. With the situation of global economy, prices will be in decreasing trend in the following five years.
3. The classification of automotive camera module includes back-up camera, black box camera and others, and the proportion of back-up camera in 2015 is about 41%.
Automotive camera module is widely used in Sedan, SUV and other field. The most proportion of automotive camera module is used for Sedan, and the consumption market share in 2015 is about 67%.
4. China region is the largest supplier of automotive camera module, with a production market share nearly 38% in 2015. Japan & Korea region is the second largest supplier of automotive camera module, enjoying production market share nearly 23% in 2015.
5. China is the largest consumption place, with a consumption market share nearly 42% in 2015. Following China, Europe is the second largest consumption place with the consumption market share of 20%.
6. Market competition is intense. LG Innotek, SEMCO, Sharp, Sunny Optical, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.