This market demand is partly answered by the penetration of Auto Focus (AF) and the Optical Image Stabilization (OIS) application reaching US$ 5.5 billion in 2020, with 21% CAGR between 2015 and 2020. Such figure highlights the strategic importance of the AF & OIS applications in the mobile phones sector and the possible implication of those technologies in future sensing applications.
“There is a different market trajectory for the lens and sensor markets, which are now maturing at approximately 14% CAGR with the emergence of giant billion-dollar companies”, explain Yole’s analysts. CCM and auto-focus manufacturing markets, which are still very fragmented and growing at roughly 20% CAGR, should experience consolidation over the next five years.
Automotive camera module revenue reached US$1.2 billion in 2014, and growing at a CAGR of 36% should reach US$7.9 billion by 2020. This growth has mainly benefited the CCM industry’s second-tier players, but the response of market leaders will be worth watching.
Few more slides from Yole's Slideshare presentation:
