Camera Module Assembly Glue Market Size, Share, Growth, and Industry Analysis, By Type (UV Curable Type and Incurable Type), By Application (Mobile Phone, On-board Camera, Security Camera, Laptop Tablet and Others), Regional Insights, and Forecast To 2032

• 

   Request a Free Sample To Get More Information on this Market

CAMERA MODULE ASSEMBLY GLUE MARKET REPORT OVERVIEW

Global Camera Module Assembly Glue Market size was USD 0.18 billion in 2023 and market is projected to touch USD 0.92 billion by 2032 at a CAGR of 18.5% during the forecast period.

Camera Module Assembly Glue is a kind of adhesive material that majorly applied to assembly of camera modules, especially smart phone camera modules, pad camera modules and other small-sized electronic device camera modules. This glue is essential for keeping the camera’s mechanical parts in the correct positions hence facilitating the correct placement of the lens, image sensor, and the body.

COVID-19 Impact: Market Growth restrained by the Pandemic due to Supply Chain Disruptions

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.

The production of the camera module assembly glue is very dependent on the type of chemical and raw material. Failure to note these factors has resulted in shortages of these raw materials due to factory closures, transport holds up, or the embargo on exportation. The availability of raw materials has also been a concern as it has limited access to those materials hence, increasing the prices for adhesives. This has in turn influenced, the pricing policies among adhesive manufacturers and may lead to other cost increases among the end users.

LATEST TRENDS

"Advanced Adhesive Formulations to Propel Market Growth"

The other major trend observed in the consumption of camera module assembly glue was towards enhanced adhesive formulations to meet the higher customer demands on the geometries, thermal stabilities, and other characteristics of modern cameras. The formulation of these new products of a seal with a higher level of adhesiveness, flexibility, and durability in a number of usage conditions. There is also the development of low-temperature curing adhesives which helps to counter the thermal effect that can negatively impact the camera components when assembling them. Furthermore, there appears to be a trend towards using adhesives with low VOC emissions, and those that adhere to a high legal standard of environmental protection. Such features include high thermal conductivity which is essential in handling the heat that is produced by high-end camera units, as well as increased chemical resistivity which is important in guarding the camera against moisture and other such elements.

CAMERA MODULE ASSEMBLY GLUE MARKET SEGMENTATION

By Type

Based on type the market can be categorized into UV Curable Type and Incurable Type.

• UV Curable Type- UV curable adhesives are said to, or planned to gel or evolve to a solid state when exposed to ultraviolet (UV) rays. For these reasons, this type of adhesive is said to be popular or used especially in camera module assembly because of the features or characteristics such as fast curing time as well as thickness control ability.

• Incurable Type- Optically clear adhesives may remain flexible and not fully cured, to become what are known as nonsetting adhesives. However, they stay permanently slightly sloppy, giving elasticity and damping the vibrations on those parts.

By Application

Based on application the market can be categorized into Mobile Phone, On-board Camera, Security Camera, Laptop Tablet, and Others.

• Mobile Phone- Applied to information connected to the lens, sensor, and housing of the camera module, thus ensuring that the components do not shift out of position. Helps to support the fragile camera parts in case important features are damaged by shock or vibration during daily use.

• On-board Camera- Used in automobiles, adhesives need to be durable and able to meet forces that transit from high temps, high levels of vibration, and chemical interactions. Guarantee the dependable and durable construction of cameras implemented in ADAS and such functional as autopilot modes.

• Security Camera- The adhesives also need to resist rain, humidity, heat, and cold to ensure the security cameras fitted outside are not damaged. It guarantees the operation of the camera module in the long run, crucial for security functions active for hours at a time.

• Laptop Tablet- They are employed in construction of compact camera modules that are designed for fitting into thin form factors associated with laptops and tablets. For biomimicking to work, adhesives have to have enough elasticity due to the thermal expansion and contraction of the other materials used in the devices.

DRIVING FACTORS

"Increasing Demand for Consumer Electronics to Drive Market Advancement"

One of the key driving factors in the Camera Module Assembly Glue market growth is the Increasing Demand for Consumer Electronics. The rising adoption of devices such as mobile, tablets, etc., is one of the critical growth drivers for the camera module assembly glue market. Over time, the unique focus has been placed on camera technology to meet and accommodate consumer demands hence manufacturers are incorporating better and smaller camera chips in electronic gadgets like smartphones MOBILE DEVICES AND TABLETS, laptops, and wearable gadgets among others. One of the rapidly growing segments in the electronics industry is the use of multiple cameras in smartphones and other portable devices; these applications demand very high accuracy and a reliable intermediate layer between the permanent and temporary mounting systems as well as between the separate camera elements. This increasing use of high-quality cameras to fit the expectations of consumers regarding better photography and improved video capabilities also propels the use of specialized adhesives needed for the gadgets. Further, the growth of video communications, home and remote offices combined with e-learning also have led to the demands for devices with integrated cameras and hence, the call for high-performance and effective adhesive. With growth day by day in the field of consumer electronics, it is becoming more and more important to find a suitable assembly glue for camera modules that is efficient enough to provide the best results in today’s sophisticated electronic appliances.

"Technological Advancements in Camera Modules to Expand the Market"

Technological advancements in camera modules are a crucial driving factor for the camera module One trend that we can witness in the field of camera module assembly glue market is the development in the camera modules technologies mainly as a result of the growing complexity of the present-day cameras. This chronicling of trends includes miniaturization, incorporation of multiple cameras, and multi-functionality, which require the new corresponding adhesives. The use of glue also increases in significance as the camera module shrinks in size, as well as components essentially need to be optimally bonded and aligned to ensure that the performance and reliability of the camera structure is not compromised. Applications such as multi-camera systems utilized in smartphones and other integrated electronic devices demand adhesives that are capable of addressing complexities involved in assembly and can help position them appropriately to produce the utmost clear and crisp images or video inputs.

RESTRAINING FACTOR

"High Cost of Advanced Adhesives Poses Potential Impediments to Market Growth "

Hence, high cost becomes the strong contraction force for advanced adhesive where high over expenses of production appears and alter the pricing strategies for the camera module assembly glue. High-performance adhesives are tailored to use high-performance materials and the latest technologies that guarantee improved performance in camera modules as a result of including factors such as bond strength, flexibility and thermal and environmental stability. This difficult manufacturing and the fact that these are usually non-standard materials to be used in the production of high-quality adhesives make them pricey. In this context, for manufacturers, it means that their cost rise, and despite their best efforts, it sometimes is difficult to support this with corresponding revenues, especially in highly competitive sectors where every penny counts. The effect is that these telecommunications products may become expensive and this can culminate into increased costs of the final products such as Smartphones, tablets, and any other devices that incorporate the telecommunications products into their production line and thus may not be competitively priced in the markets which price sensitivity is high. Moreover, the larger manufacturers and companies may not be able to afford such pricey adhesives, nonetheless, this raises the question of the ability of new manufacturers or startups to advance and perform effective competition. Therefore, the high prices of these new advanced adhesives could mean that they are expensive to acquire and hence slow the rate of penetration of the new adhesive technologies that are available in the market besides acting as a brake to the growth of the overall market and the level of innovation in the camera module assembly business.

• 

   Request a Free Sample To Get Analysis on Major Geographic Market

CAMERA MODULE ASSEMBLY GLUE MARKET REGIONAL INSIGHTS

"Asia Pacific to Dominate the Market due to Presence of Electronics Presence of Electronics Manufacturing Hub"

The market is primarily segregated into Europe, Latin America, Asia Pacific, North America, and Middle East & Africa.

Asia Pacific has emerged as the most dominant region in the Camera Module Assembly Glue market share due to a convergence of factors that propel its leadership in this dynamic industry. Asia Pacific region is seen as a dominant electronics market with the largest electronics manufacturing companies being based in countries like China, South Korea, Japan, and Taiwan. These countries themselves contribute to the global production of smartphones, tablets laptops, and other consumer electronics, which all in one way or the have to be fitted with camera module assembly glue.

KEY INDUSTRY PLAYERS

"Key Players Transforming the Camera Module Assembly Glue Landscape through Innovation and Global Strategy"

Major industry players are pivotal in shaping the Camera Module Assembly Glue market, driving change through a dual strategy of continuous innovation and a well-thought-out global presence. By consistently introducing inventive solutions and staying at the forefront of technological progress, these key players redefine the industry's standards. Simultaneously, their expansive global reach enables effective market penetration, addressing diverse needs across borders. The seamless blend of groundbreaking innovation and a strategic international footprint positions these players as not only market leaders but also as architects of transformative shifts within the dynamic domain of Camera Module Assembly Glue.

List Of Top Camera Module Assembly Glue Market Companies

• Henkel (Germany)
• Ajinomoto Fine-Techno (Japan)
• ThreeBond (U.S.)
• NAMICS (Switzerland)
• H.B. Fuller (U.S.)

INDUSTRIAL DEVELOPMENT

Sep 2023: MCNEX with Sole Factor Corephotonics, a key multi-camera patent holder that was acquired by Samsung Electronics has developed the 8MP DUAL SCANNING CAMERA for a driverless vehicle which is an advance facilitating Blind Spot Detection (BSD).

REPORT COVERAGE

The study encompasses a comprehensive SWOT analysis and provides insights into future developments within the market. It examines various factors that contribute to the growth of the market, exploring a wide range of market categories and potential applications that may impact its trajectory in the coming years. The analysis takes into account both current trends and historical turning points, providing a holistic understanding of the market's components and identifying potential areas for growth.

The research report delves into market segmentation, utilizing both qualitative and quantitative research methods to provide a thorough analysis. It also evaluates the impact of financial and strategic perspectives on the market. Furthermore, the report presents national and regional assessments, considering the dominant forces of supply and demand that influence market growth. The competitive landscape is meticulously detailed, including market shares of significant competitors. The report incorporates novel research methodologies and player strategies tailored for the anticipated timeframe. Overall, it offers valuable and comprehensive insights into the market dynamics in a formal and easily understandable manner.