Automotive Camera Market Size, Development Strategy, Global Analysis, Opportunities, Emerging Technologies, Regional Trends, Future Prospects and Industry Growth with 19% of CAGR by Forecast 2023

Market Research Future
Market Research Future published a research report on “Global Automotive Camera Market Research Report- Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Automotive Camera Market Global Market- Overview

Automotive camera are the type camera which are installed in vehicle particularly in commercial and passenger vehicles. The automotive camera are generally installed at front side, rear side, or inside a vehicle for safety purposes. The camera modules include image sensors which are integrated with electronic components in vehicles. These camera offers wide range of applications such as during parking, cruise control, and night vision. With the active involvement of the manufacturers associated with the technological advancement in automotive sector, camera-based automotive systems have been evolved new technology in the automotive vehicles such as driver assistance systems, night vision and many more.  With the advent of camera technology associated with increased production output is expected to reduce the manufacturing cost of automotive camera which is presumed to increase the growth of automotive market over the forecast period.

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Industry News

March 2018,  Go Pro Inc, American based leading manufacturer of action cameras and evolves their own mobile apps and video-editing software, and Jabil Optic, also leading product solutions company which offers the electronics design, production and product management services, signed an agreement on a multi-year technology and equipment license. By this agreement, Jabil would be able to expand GoPro’s cutting-edge reference design and IP to manufacture camera lens and sensor modules for engaging the GoPro-approved third-party products and solutions.

March 2018, Basler AG, Germany based one of the leading manufacturer of high quality camera has unveiled the eight new ace U models with the Global Shutter CMOS sensors IMX287 and IMX273 from Sony’s Pregius line. These sophisticated cameras provide VGA and 1.6 megapixel resolutions and have the capability to deliver up to 520 frames per second.

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

Automotive Camera Market, Global Market – Segmentation

  • Segmentation by Camera Type: Digital camera, Thermal camera, and Infrared camera.
  • Segmentation by Vehicle Type comprises Passengers car and Commercial vehicles.
  • Segmentation by Application: Lane Departure Warning, Adaptive Cruise Control, Blind Spot Detection, Park Assist System, Night Vision, Pedestrian Detection, Road Sign Recognition, and Driver Monitoring.
  • Segmentation by Region: North America, Europe, Asia Pacific, and the Rest of the World.

Automotive Camera Market Global Market   – Regional Analysis

North America is expected to dominate the global automotive camera market with the largest market share in the region. The United States and Canada are the leading countries in the region owing robust network infrastructure which helps in better connectivity. Additionally, Europe will be the second most leading region in the automotive camera market. Germany and U.K are the leading countries in the region. This is attributed to presence of large number automotive manufacturers in the country. Furthermore, Asia Pacific is the fastest growing region in the market. China, India, Japan, Thailand, Malaysia and South Korea are the leading countries in the region. This is attributed to rapid industrialization related with rising number of automobile production.

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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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