Automotive Camera Market Share and Forecast by Regions, Applications, Dynamics, Development Status and Outlook 2018-2023

Market Highlights

Automotive cameras are used for different purposes such as for parking purpose, cruise control and for night vision. It is anticipated that the automotive camera market will grow at a healthy CAGR and this could be attributed to the higher scope of application of sensor cameras in the advanced driver assistance systems.
The market for cameras in passenger cars dominated the overall automotive market.

The Automotive Camera Market is growing rapidly over 19% of CAGR and is expected to reach at approx. USD 19 billion by the end of forecast period.

Increasing demand for various cameras including thermal camera, infrared camera and digital camera in commercial vehicles and passenger cars is expected to create immense industry potential. However, high cost of the automotive camera is one restraining factor.

Key Players:

The prominent players in over the automotive camera market are – ADA-ES Inc. (U.S.), Allied Vision Technologies (Germany), Balluf (Germany), Basler AG (Germany), Autoliv, Inc (Sweden), Delhi Automotive PLC (U.K.), Denso Corporation (Japan), Robert Bosch GmBH (Germany), Valeo S.A. (France), TRW Automotive (U.S.) among others

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Study Objectives of Automotive Camera Market:

• To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the automotive camera market.
• To provide insights about factors affecting the market growth.
• To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW).
• To provide country level analysis of the market with respect to the current market size and future perspective.
• To provide country level analysis of the market for segmentation on the basis of camera type, vehicle type and application type.
• To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for automotive camera market
• To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the automotive camera market.

Segments:

Automotive camera market can be segmented on the basis of following:

By Camera Type:

• Digital camera
• Thermal camera
• Infrared camera

By Vehicle Type:

• Passengers car
• Commercial vehicles

By Application Type:

• Lane Departure Warning
• Adaptive Cruise Control
• Blind Spot Detection
• Park Assist System
• Night Vision
• Pedestrian Detection
• Road Sign Recognition
• Driver Monitoring

By Geography:

• North America
• Europe
• Asia Pacific
• Rest of World

Market Research Analysis:

The regional analysis of automotive camera market is being studied for regions such as Asia Pacific, North America, Europe and Rest of the World. It has been observed that North America would dominate the automotive camera market owing to high speed connectivity and is expected to witness significant gains on account of growing demand of luxury vehicles in U.S., Canada, and Mexico. 

Europe is also prominent market for product and will show immense growth in the installation of safety technologies in the passenger cars in Germany, UK, France, and Italy.

Asia Pacific will witness significant growth mainly in China, India, Japan, Thailand, Malaysia and South Korea in light of rapid industrialization along with increasing number of automobile production. In addition to this, rising disposable income along with high standard of living of the consumers will propel growth of automotive camera market.
Thompson Ramo Wooldridge Automotive developed advanced camera solutions for safety systems including following distance indication (FDI), forward collision warning (FCW) and lane departure warning (LDW).

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Intended Audience

• Technology investors
• Integrated device manufacturers (IDMs)
• Wearable electronics technology platform developers
• Original equipment manufacturers (OEMs)
• Smart grid integrators
• Surface mount component device distributors and providers
• Research/Consultancy firms

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