DUBLIN–(BUSINESS WIRE)–Research and Markets (http://www.researchandmarkets.com/research/jczt2x/global_cmos_camera) has announced the addition of the “Global CMOS Camera Lens Market 2011-2015″ report to their offering.
One of the key factors contributing to this market growth is the growing demand for CMOS camera lenses from the mobile phone manufacturers. The Global CMOS Camera Lens market has also been witnessing an increasing preference for gadgets with advanced features thereby supporting the CMOS Camera Lens market. However, the limited awareness on effective utilization and advanced technologies could pose a challenge to the growth of this market.
Key vendors dominating this market space include Asia Optical Co. Inc., Genius Electronic Optical Co. Ltd., Largan Precision Co. Ltd., Kantatsu Co. Ltd., and Konica Minolta Opto Inc.
Commenting on the report, an analyst from TechNavio’s Hardware team said; The increasing use of smartphones in the Consumer Electronics segment has created the demand for CMOS camera lenses in the global market. Moreover, mobile phone providers offer several free and paid applications which have increased the number of applications in using a camera in a mobile phone.
According to the report, the increasing adoption of mobile phones among consumers worldwide has increased the demand for camera lenses. The preference for high-end mobile phones and those with multiple features has increased the demand for camera lenses in this segment. Moreover, the availability of cost-effective and high-resolution camera lenses is driving the demand for CMOS camera lenses in the Cell Phone segment.
Further, the report also discusses that low awareness among people of the latest technologies and products that are available in the emerging markets is hindering the growth of the market.
For more information visit http://www.researchandmarkets.com/research/jczt2x/global_cmos_camera