TechNavio recognizes the following companies as the key players in the Global CMOS Camera Lens Market: Largan Precision Co. Ltd., Asia Optical Co. Inc., Kantatsu Co. Ltd., Genius Electronic Optical Co. Ltd. (GSEO), and Konica Minolta Opto Inc. (KMOT)
Commenting on the report, an analyst from TechNavio’s Hardware team said:”Customers in the Electronic Devices segment have a tendency to change their mobile phones and entertainment devices following the introduction of the latest products with advanced technologies. Customers have the urge to try out all of the latest arrivals in the market. Thus, there is a reduction in the duration of owning a product and an increase in the preference for the latest gadgets. This trend is expected to provide organic support for the Global CMOS Camera Lens market.”
According to the report, the increasing adoption of mobile phones among consumers worldwide has increased the demand for camera lenses. Mobile phones have become an integral part of the day-to-day activities of people across the globe. The preference for high-end mobile phones and those with multiple features has increased the demand for camera lenses in the Mobile Phone segment. Moreover, the availability of cost-effective and high-resolution camera lenses is driving the demand for CMOS camera lenses in the Mobile Phone segment.
Further, the report states that customers have limited knowledge of how the advanced and latest products in the Traditional/Professional Camera segment can be effectively used. Hence, customers use these cameras in very few applications. Moreover, most of the customers, who constitute around 60 percent of the market, lack awareness of the benefits of the CMOS camera lens. Hence, the adoption of cameras in this segment has been low.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-cmos-camera-lens-market-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our Hardware market research, please visit https://www.technavio.com/hardware
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TechNavio Announces the Publication of its Research Report – Global CMOS Camera Lens Market 2012-2016
