On September 1, 2021, the globally renowned growth consulting firm Frost & Sullivan released an 'Independent Market Research Report on Optical Lenses, Camera Modules and Optical Transmission Components in the Global and Chinese Markets'. The report provides a detailed analysis of the market demand and competition for optical lenses, camera modules, and optical transmission components both globally and in China.
I. Overview of Regulatory Policies for China's Optical Lenses, Camera Modules, and Optical Transmission Industries
1.1 Laws, regulations and policies
II. Overview of Global and Chinese Optical Lens Downstream Application Markets
2.1 Global mobile phone shipments
2.2 Global smartphone shipments
2.3 Global shipments of feature phones
III. Global and Chinese Optical Lens Market Overview
3.1 Definition and Classification of Optical Lenses
3.2 Global Optical Lens Industry Development History
3.3 Industrial Chain Analysis
3.4 Global Optical Lens Market Size (Shipments) - Segmented by Application
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3.5 Global Optical Lens Market Size (Shipments) - Segmented by Application
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3.6 Global Mobile Lens Market Size - Segmented by Smartphones and Feature Phones
During the "13th Five-Year Plan" period, China's economic growth promoted an increase in national consumption levels, and consumers' demand for camera capabilities of electronic devices gradually rose. Smart mobile terminals are currently the main demand driver for optical lenses, with smartphone applications being the primary growth point for optical lenses. The development of smartphones in China has driven optical lens manufacturers to continuously optimize their product structures and technological innovation, thereby achieving penetration into multiple fields of downstream smartphone applications and promoting industry development. Smartphone lenses account for more than 90% of the overall mobile lens shipments, and their share is expected to further increase in the future. In recent years, the number of rear-facing lenses on smartphones has gradually shifted from single-lens to dual-lens, then to triple-lens, quad-lens, and beyond. The shipments of optical lenses in the smartphone market reached approximately 4.97 billion units in 2020, with an average compound growth rate of 13.5% from 2016 to 2020. In the future, the market scale of optical lenses in smartphones will continue to expand, with shipments expected to reach 7.49 billion units by 2025, and an average compound growth rate of 7.0% from 2021 to 2025. Although the market scale of optical lenses in feature phones is relatively small, their market growth rate is considerable. This is partly due to the inherent advantages of feature phones: lower prices; simple operation that can meet the needs of specific groups; and a simplified lifestyle concept that aligns with contemporary people. On the other hand, the lens configuration on feature phones has also improved; in 2016, less than 50% of feature phones were equipped with cameras, but it is expected that by 2021, the lens configuration rate on feature phones will be as high as over 80%. In the future, the lens configuration rate and quantity on feature phones will further increase. In 2020, the shipments of optical lenses in the feature phone segment were about 340 million units, which are expected to reach about 500 million units by 2025, with an average compound growth rate of 7.8% from 2021 to 2025.
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3.7 Global Optical Lens Downstream Sub-market Size - Tablets
3.8 Global Market Size of In-vehicle LiDAR
In 2020, the global market size of in-vehicle lidar reached approximately $180 million. As a landmark application in the perception layer of intelligent vehicles, in-vehicle lidar will also boost the rapid maturity of the in-vehicle lidar industry chain with further penetration of intelligent vehicles and autonomous driving. It will further assist in the application of lidar in fields such as robotics, unmanned delivery, surveying and mapping, drones, security, and industry. It is estimated that the global market size of in-vehicle lidar can reach $13.11 billion by 2025, with an average annual compound growth rate of 135.8%. In contrast, in-vehicle cameras, as visual sensors, complement in-vehicle lidar in terms of advantages such as low-light environments, harsh weather, detection range, and recognition capabilities. Together, they form the perception layer of autonomous driving. The growth of the in-vehicle lidar market will also drive the integrated development of in-vehicle cameras.
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3.9 Analysis of Downstream Sub-markets for Global Optical Lenses - Industry
The application of optical lenses in the industrial field is often combined with machine vision. With the development of machine vision, more and more industrial production lines are introducing optical products to improve efficiency and quality. Optical lenses are commonly used in the industrial field for precise measurement of related electronic components during the manufacturing process, such as using high-power lenses for resistance and IC circuit size measurement, connection testing; assembly and measurement of mechanical parts, especially automotive parts; semiconductor halo measurement, etc. Due to the high level of precision required for related components in the industrial field, there are higher pixel requirements for optical lenses. In the future, it is expected to grow from 800 million units in 2020 to about 150 million units by 2025, with an average annual compound growth rate of 13.4%. The market scale of optical lenses is growing more rapidly in the industrial field than in other sectors, thanks to the large space for industry intelligence development and the wide range of applications for optical lenses.
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3.10 Global Optical Lens Downstream Sub-market Size - Healthcare and Others
With technological advancements, the medical and research fields are now seeking to replace most of their old equipment with optical lens products that have lower costs and better imaging effects. Optical lenses are commonly used in the medical field for medical endoscopes, various testing instruments, capsule cameras, blood analysis, cell counting, etc. According to statistics, the shipments of optical lenses in the medical and other consumer sectors increased from 120 million units in 2016 to 340 million units in 2020, with an average annual compound growth rate of about 28.4%. The shipment value increased from $0.8 billion in 2016 to $1.2 billion in 2020, with an average annual compound growth rate of 8.4%. With contemporary people's increasing concern about their own health and the development of overall social aging, there is great potential for the future application development of optical lenses in the medical field. In 2021, it is expected that the shipments of optical lenses in this sub-sector will reach approximately 360 million units, and by 2025, the shipments are expected to reach about 1.03 billion units, with a shipment value of $310 million.
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3.11 Global and Chinese Optical Lens Industry Faces Opportunities
3.12 Analysis of Driving Forces and Development Trends in the Global and Chinese Optical Lens Industry
3.13 Ranking of the Top Five Optical Lens Manufacturers Worldwide (Updated April 2022)
IV. Global and China Camera Module Market Overview
4.1 Definition and Classification of Camera Modules
4.2 Analysis of the Global Camera Module Market Size
4.3 Analysis of the Development Trends of Global and Chinese Camera Module Markets
4.4 Analysis of Barriers to Entry in the Global and Chinese Camera Module Markets
4.5 Analysis of the Market Competition Pattern of China's Camera Module Industry
V. Global and China Optical Transmission Components Market Overview
5.1 Definition and Classification of Optical Transmission Components
5.2 Global Optical Transmission Components Market Size
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5.3 Global Market Size of Mobile Phone Optical Transmission Components
By product category, automatic focusing optical transmission components are currently the mainstream product type in the mobile phone sector due to mature technology and cost advantages. The shipment volume in 2020 was about 1.5 billion units, accounting for approximately 75.0% of the market share. The average annual compound growth rate from 2016 to 2020 was about 7.7%. In recent years, with continuous progress in OIS technology driving down costs, the market penetration rate of cameras with optical image stabilization functions has gradually increased. The shipment volume of mobile phone optical image stabilization transmission components rose from about 290 million units in 2016 to about 470 million units in 2020, with an average annual compound growth rate of about 12.9% during this period. The market share in 2020 was about 22.9%. At the same time, to overcome the limitations of optical transmission components on camera performance and quantity improvement, a series of new optical transmission motor technologies such as periscope, SMA, gimbal, Sensor Shift, etc. have continuously emerged and started to be applied first in fields such as smartphones.
In the future, with the increasing penetration rate of smartphones, the popularization of multi-camera technology, and the expansion of application fields, the shipments of mobile phone optical anti-shake transmission components will continue to grow steadily. The average annual compound growth rate from 2021 to 2025 is about 9.1%, and it is expected that the market share will reach about 23.4% by 2025. At the same time, with further technological breakthroughs, improved product yield, and price reductions, new optical transmission components will gradually be accepted by the market. It is estimated that the market shares of periscope, gimbal, and Sensor Shift optical transmission components in 2025 can reach about 3.8%, 1.4%, and 5.7%, respectively, with average annual compound growth rates of about 31.6%, 52.7%, and 85.6% during this period. The development of different optical transmission components will have a certain substitution effect on autofocus motors, so the market share of autofocus optical transmission components will gradually decline to about 65.3% by 2025, with an average annual compound growth rate of about 5.6% from 2021 to 2025.
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5.4 Analysis of Driving Forces and Development Trends
5.5 Barriers to Entry Analysis
5.6 Introduction to Major Competitors in the Overseas Optical Transmission Components Market
5.7 Introduction to the Main Competitors in China's Optical Transmission Components Market
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The above is only a partial content of the report. If you need to read the complete version, please contact us at any time:
Mr. Lu from Frost & Sullivan
E-mail: gabriel.lu@frostchina.com
