Market Share of Asia Pacific Smartphone Camera Lens Industry
The Asia Pacific smartphone camera lens market is highly competitive. It appears to be mildly concentrated, moving towards the fragmented stage, owing to the presence of many large and small players in the market. Moving forward, the strategy of technical innovation to develop different types of lenses, with new attractive features, is adopted by the major players.
- In December 2019, AAC Technologies Holdings Inc. signed a strategic cooperation framework agreement with Shenzhen Pingshan District Government during the 2019 Shenzhen Global Investment Promotion Conference and planned to invest as much as 7 billion yuan on R&D and manufacturing of precision camera modules in Pingshan. The agreement is also expected to benefit smartphone camera lenses offered by the company.
APAC Smartphone Camera Lens Market Leaders
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AAC Technologies
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Largan Precision Company Limited
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Sunny Optical Technology Company Limited
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Genius Electronic Optical (GSEO)
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Kantatsu Co. Ltd
*Disclaimer: Major Players sorted in no particular order
