Automotive Industry Today
Automotive Stereo Camera Market Anticipated to Grow at a CAGR of 23.95% by 2021
Inquire for Automotive Stereo Camera Market Competitive Analysis, Trends and Forecast till 2021, with free sample copy of the report.
Published 27 July 2018
"Global Automotive Stereo Camera Market 2017 to 2021" provides a unique tool for evaluating the market, highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. It provides information on trends and developments, and focuses on markets and materials, capacities and technologies, and on the changing structure of the Automotive Stereo Camera Market.
According to the report, the automotive OEMs across the world are finding new avenues to increase the safety quotient of the vehicle and driver. Preventive safety technologies, that identify potential hazard and support safe driving, are finding significant demand from the automotive fraternity. For instance, automotive ADAS market is valued at $25.26 billion in 2016 and is growing at CAGR of 20.73% during forecast period. Object detection is one of the prime functions of the ADAS to monitor vehicles surrounding. The stereo camera gives benefits that are not possible through radar-based ADAS like traffic sign recognition.
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Key vendors are: Continental, Bosch, Hitachi, and Denso
Other prominent vendors: Fujitsu Ten, LG
Commenting on the report, an analyst from Industrydataanalytics team said: Rising awareness of the safety quotient administered by government regulators is pushing automotive OEMs towards developing new technologies that are more efficient and prevent the driver from most of the common obstacles which result in crashes. The objective of these safety systems is to protect people from traffic fatalities and resultant severe injuries. This led to a shift in the focus of automotive OEMs from passive safety system to active safety system. Hence, all modern vehicles are equipped with both passive and active safety system. However, the quest for safety does not stop here, as adoption of sensors and cameras is paving the way to more developments in the automotive safety system. Continental's new system, ContiGuard, represents the combined expertise of Continental in active and passive safety systems. The system combines all sensors based on radar, infrared, and camera technology in addition to telematics functions. The idea that stands out in this system is synchronous working of ambient sensing and restraint systems, which reduces the extent and severity of occupants injuries, significantly.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Browse full Report: https://www.industrydataanalytics.com/global-automotive-stereo-camera-market-2017-to-2021-tech00009-p.php
- For a full, detailed list, view our report
- For a full, detailed list, view our report
Inquire for the Discount at: https://www.industrydataanalytics.com/inquire-before-buy.php?gturl=global-automotive-stereo-camera-market-2017-to-2021-tech00009
Further, the report states that the global automotive stereo camera market is facing the challenge of high cost associated with the system. An automotive stereo camera is an essential component for spotting obstacles and in the functioning of the driver assistance and safety systems. The stereo camera provides a blur-free and crisp image of the obstacles and nearby surroundings of the automobile. The replacement costs of automotive stereo cameras are not that high, but the process of replacement of the cameras and image sensors is very time consuming and labor-intensive owing to skills. If the stereo cameras and image sensors are not handled properly, it may lead to severe accidents and harm individuals as well as the automobile.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
+1 (704) 266-3234 | sales@Industrydataanalytics.com
According to the report, the automotive OEMs across the world are finding new avenues to increase the safety quotient of the vehicle and driver. Preventive safety technologies, that identify potential hazard and support safe driving, are finding significant demand from the automotive fraternity. For instance, automotive ADAS market is valued at $25.26 billion in 2016 and is growing at CAGR of 20.73% during forecast period. Object detection is one of the prime functions of the ADAS to monitor vehicles surrounding. The stereo camera gives benefits that are not possible through radar-based ADAS like traffic sign recognition.
Get Free Sample copy of this report at: https://www.industrydataanalytics.com/request-sample-page.php?gturl=global-automotive-stereo-camera-market-2017-to-2021-tech00009
Global Automotive Stereo Camera Market to Grow at a CAGR of 23.95% during the period 2017-2021
The report covers the present scenario and the growth prospects of the global LIMS market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of LIMS.Key vendors are: Continental, Bosch, Hitachi, and Denso
Other prominent vendors: Fujitsu Ten, LG
Commenting on the report, an analyst from Industrydataanalytics team said: Rising awareness of the safety quotient administered by government regulators is pushing automotive OEMs towards developing new technologies that are more efficient and prevent the driver from most of the common obstacles which result in crashes. The objective of these safety systems is to protect people from traffic fatalities and resultant severe injuries. This led to a shift in the focus of automotive OEMs from passive safety system to active safety system. Hence, all modern vehicles are equipped with both passive and active safety system. However, the quest for safety does not stop here, as adoption of sensors and cameras is paving the way to more developments in the automotive safety system. Continental's new system, ContiGuard, represents the combined expertise of Continental in active and passive safety systems. The system combines all sensors based on radar, infrared, and camera technology in addition to telematics functions. The idea that stands out in this system is synchronous working of ambient sensing and restraint systems, which reduces the extent and severity of occupants injuries, significantly.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Browse full Report: https://www.industrydataanalytics.com/global-automotive-stereo-camera-market-2017-to-2021-tech00009-p.php
Major points covered in Global Automotive Stereo Camera Market 2018 Research are:-
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Market Driver in this Report:
- Capability of stereo camera to reduce emergency response time- For a full, detailed list, view our report
Market Challenge in this Report:
- Risk of hampering driving skills because of dependency on safety systems- For a full, detailed list, view our report
Inquire for the Discount at: https://www.industrydataanalytics.com/inquire-before-buy.php?gturl=global-automotive-stereo-camera-market-2017-to-2021-tech00009
Further, the report states that the global automotive stereo camera market is facing the challenge of high cost associated with the system. An automotive stereo camera is an essential component for spotting obstacles and in the functioning of the driver assistance and safety systems. The stereo camera provides a blur-free and crisp image of the obstacles and nearby surroundings of the automobile. The replacement costs of automotive stereo cameras are not that high, but the process of replacement of the cameras and image sensors is very time consuming and labor-intensive owing to skills. If the stereo cameras and image sensors are not handled properly, it may lead to severe accidents and harm individuals as well as the automobile.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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Industrydataanalytics provides syndicated market research reports to industries, organizations or even individuals with an aim of helping them in their decision making process. These reports include in-depth market research studies i.e. market share analysis, industry analysis, information on products, countries, market size, trends, business research details and much more. Industrydataanalytics provides Global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.+1 (704) 266-3234 | sales@Industrydataanalytics.com
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