Camera Module Adhesives Market Size, Share, Growth, and Industry Analysis, By Type (UV Curable Type, Non UV Curable Type), By Application (Mobile Phone, On-board Camera, Security Camera, Laptop Tablet, AIoT Intelligent Terminal and Others), Regional Forecast To 2031

Updated On: 08 April 2024

Camera Module Adhesives Market REPORT OVERVIEW

• 
• Request a Free sample to learn more about this report

The global camera module adhesives market size was USD 174.7 million in 2021 and market is projected to touch USD 1139.96 million by 2031, exhibiting a compound annual growth rate (CAGR) of 20.6% during the forecast period.

As components get smaller and resolutions get better, camera module design and manufacture have quickly advanced. Active alignment techniques are needed to achieve the high accuracy required for camera module adhesives. These techniques involve mating the components, dispensing adhesive in precisely the right places, aligning the assembly using active alignment, and UV curing to secure the alignment. Dual cure camera module adhesives, which can be cured by both UV light and heat, have been developed since the constructed component has shaded parts.

Adhesives and light-curable materials are used to assemble camera modules generally found in smart connected devices, automobiles, security and industrial camera systems. When exposed to light energy, the materials form strong bonds that cure in seconds, resulting in higher UPH and greater throughput at a lower cost. The products have excellent adhesion to a wide range of plastics and metals and can withstand harsh conditions such as moisture, heat, and shock.

COVID-19 Impact: The Intrinsic COVID-19 Condition Curtailed Market Growth

The COVID-19 sickness began to surge all over the world in the beginning of 2021, which infected countless individuals and inversely hampered the working industries wherein the affected employees worked. The government globally imposed foot restrictions and work stoppage in the affected areas. Apart from the medical supplies and the life support organizations, endeavors have been considerably affected. As the global economy mends giving rise to the significant change in the industry growth from the affected year-2021. "The ""outbreak also"" had a negative impact on the camera module adhesives market"" share, "it is forecasted for the market share to grow potentially in the coming years.

LATEST TRENDS

"Active Alignment Adhesives to Augment Market Growth"

The number of lenses incorporated into camera modules is growing, which is a general upward trend in the industry. Accurately setting the proper focus becomes more and more crucial as the number of lenses grows. During a manufacturing assembly procedure known as Active Alignment (AA), dual cure, UV + heat, and adhesive solutions are employed to fix the proper focus. High-quality image capabilities necessitate very precise and dependable camera module insertion and fixing techniques. Adhesive with a dual cure for active alignment assemblies. Our UV and heat cure adhesives enable simple application, incredibly quick setting, and dependable heat cure in shady environments. Each active alignment product ensures long-term component dependability with exceptional adherence to crucial substrates and extremely low outgassing and shrinkage characteristics.

Camera Module Adhesives Market SEGMENTATION

• 
• Request a Free sample to learn more about this report

• By Type

Based on type the camera module adhesives market is classified into UV curable type, non UV curable type.

•  By Application

Based on application the camera module adhesives market is classified as mobile phone, on-board camera, security camera, laptop tablet, AIOT intelligent terminal and others.

DRIVING FACTORS

"Rapid Installation and Utilization of Cameras in Various Electronic Devices to stimulate the market growth"

Devices all around us are using camera modules more and more. Desire for the development of Advanced Driver Assistance Systems (ADAS) in automobiles has increased along with consumer demand for safety. Smartphones are becoming multi-camera devices with two, three, and even four cameras to provide users access to features that were previously only available with expensive photography equipment. More cameras have also entered our lives as a result of the growth of smart home gadgets. Smart doorbells, security systems, home hubs, and even dog treat dispensers now have live streaming cameras. In order to further miniaturize camera assemblies and improve dependability, camera module manufacturers have stricter standards for assembly materials.  In order to meet the needs of manufacturers for the majority of applications, including FPC reinforcement, image sensor bonding, IR filter bonding, lens bonding and barrel fixation, VCM assembly, and even active alignment, a portfolio of UV and dual cure adhesives are being extensively utilized.

"Growing Trend of Owing Smart Phones Among Individuals to Drive the Market Growth"

Adhesives are utilised specifically for mobile phone and smartphone camera modules in the electronics industry. For example, glue the assembled camera module into the device housing, attach camera chips to circuit boards (die attach), use adhesive as chip underfill, and bond individual components together, such as the lens to the lens mount or the lens mount to the camera sensor. Smaller camera module assemblies can be precisely assembled and permanently bonded using special adhesives. The utilised glue cures quickly at low temperatures and is appropriate for mass production of camera modules.

RESTRAINING FACTORS

"The Water Absorption Issue Can Alter the Market Share"

Adhesive water absorption is another product variable that can interfere with the alignment procedure. The cured glue can swell, causing an alignment shift and decreased image quality, if it absorbs too much moisture when the device is being used at both ambient and high temperatures. Therefore, the water absorption restraining factor can hamper the camera module adhesives market growth in the forecasted period.

Camera Module Adhesives Market REGIONAL INSIGHTS

• 
• Request a Free sample to learn more about this report

"North America to Dominate the Market with Presence of Cameras in Electronic and Automotive devices"

As consumer electronics become more portable and increasingly wearable, the number of camera modules employed in these devices is aggressively expanding. According to market research and predictions, the camera module adhesives market share North American region is estimated to be a huge market in total sales in 2021 and considered to keep growing by the forecasted period. Additionally, there will be a considerable growth in the number of cameras on or in automotive vehicles, with the number of automotive camera module volumes anticipated to be about comparable to the number used in cell phones by 2028. Additionally, the growing use of machines in the pharmaceutical industry for drug screening is anticipated to fuel the market expansion for camera module adhesives throughout the course of the research period.

KEY INDUSTRY PLAYERS

"Prominent Manufacturers to Contribute Towards Expansion of Market"

The report is an extensive research which presents the historic and futuristic performance of industry with competitive landscape analysis which incorporates prominent key players, and revenue trends of industry. The report provides substantial analysis of company profiling, growth insights, supply-demand chain production, and consumption demand, business expansion strategies adopted by top key players. The information is a collusion of latest technological developments, trends, production lines mergers and acquisitions, market study and other factors.

List of Market Players Profiled

• Dymax (U.S.)
• DELO (Germany)
• Henke (Germany)
• H.B. Fuller (U.S.)
• NAMICS (Switzerland)
• Addison Clear Wave (U.S.)
• ThreeBond (U.S.)
• Ajinomoto Fine-Techno (Japan)
• Tex Year Industries (China)
• AVENTK (China)
• KY Chemical (China)
• Sekisui (Japan)
• Longain New Materials (China)

REPORT COVERAGE

The report anticipates detailed analysis of the global market size at the regional and national level, the ssegmentation market growth and market share. The prime objective of the report is to help user understand the market in terms of definition, market potential, influencing trends, and the challenges faced by the market analysis of sales, the impact of the market players, recent developments, opportunity analysis, strategic market growth analysis, territorial market expansion, and technological innovations are the subject matter explained in the report.