Press release
What's driving the Automotive Camera Market growth? Key Players are: Continental AG, Intel Corporation, Aptiv PLC., Valeo, Automation Engineering, Magna International Inc., Robert Bosch GmbH, STONKAM CO.
Trifocal cameras are expected to grow rapidly in the automotive camera market due to their better viewing features. This system utilizes three cameras to offer a broader view, offering accurate distance between objects and vehicles. These cameras have improved depth perception & distant-object detection compared to mono & stereo cameras. These components can detect the sudden appearance of pedestrians or other objects that may lead to accidents, assisting drivers to avoid them. The rapid development of semi-autonomous & autonomous vehicles is expected to increase the adoption of trifocal cameras, which are further contributing to the automotive camera market growth. The global car manufacturers are integrating these cameras in vehicles to differentiate their mid-priced & economic vehicles.
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The increasing number of road fatalities is compelling the demand for advanced safety features in vehicles, further increasing the automotive camera market demand. These cameras are used in vehicles for various applications including lane departure warning, park assist, surround view, and traffic sign recognition. Additionally, these sensors are used in driver monitoring systems to detect the drowsy behavior of drivers, preventing accidents. The vehicle vision system keeps track of various facial expressions of drivers and transmits a warning sound if it detects drowsy behavior.
The adoption of of automotive camera market products is anticipated to increase in the passenger vehicle segment to provide various safety features such as autonomous braking system, lane departure warning, and blind spot detection. These cameras are integrated with dashboards to provide real-time and reliable proof in case of accidents. Additionally, these cameras are used to offer a surround view to drivers for viewing the vehicle surrounding & environment, reducing the possibilities of accidents.
The rising production of passenger & commercial vehicles in the European countries will drive the automotive camera market growth in the region. According to the European Automotive Manufacturers Association, the passenger cars produced in Europe accounted for nearly 24% of global passenger car production in 2018. Moreover, several regulations & safety standards for car manufacturers in the European Union for reducing the number of road fatalities will provide lucrative opportunities for players operating in the automotive camera market.
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The prominent players operating in the automotive camera market are Continental AG, Magna International Inc., Robert Bosch GmbH, Intel Corporation, Aptiv PLC., Valeo, Automation Engineering Inc., and STONKAM CO., LTD., etc. These companies are offering advanced camera systems with wide-angle view, high-resolution sensors, and night vision. These developments by the manufacturers are specifically developed for the ADAS applications. Additionally, automotive camera market players are making huge investments in R&D and new product development activities to fulfill the automotive industry demand.
Report Content:
Chapter 1. Methodology and Scope
1.1. Definitions & forecast parameters
1.1.1. Definitions
1.1.2. Methodology and forecast parameters
1.2. Data Sources
1.2.1. Secondary
1.2.2. Primary
Chapter 2. Executive Summary
2.1. Automotive camera industry 360 degree synopsis, 2015 - 2025
2.1.1. Business trends
2.1.2. Type trends
2.1.3. Vehicle type trends
2.1.4. Application trends
2.1.5. Regional trends
Chapter 3. Automotive Camera Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2015 - 2025
3.3. Industry ecosystem analysis
3.3.1. Component suppliers
3.3.2. Manufacturers
3.3.3. Software & technology providers
3.3.4. System integrators
3.3.5. Distribution channel analysis
3.3.6. End-use landscape
3.3.7. Vendor matrix
3.4. Technology & innovation landscape
3.5. Regulatory landscape
3.5.1.1. North America
3.5.1.2. Europe
3.5.1.3. Asia Pacific
3.5.1.4. Latin America
3.5.1.5. MEA
3.6. Industry impact forces
3.6.1. Growth drivers
3.6.1.1. Increasing integration of ADAS in commercial & passenger vehicles across the globe
3.6.1.2. Growing concerns regarding pedestrian & passenger safety in North America and Europe
3.6.1.3. Rise in production of vehicles in Europe and Asia
3.6.1.4. Implementation of stringent government regulations regarding safety in vehicles
3.6.1.5. High demand for luxury vehicles in MEA
3.6.1.6. Rapidly developing automotive sector in Mexico and Brazil
3.6.2. Industry pitfalls & challenges
3.6.2.1. High thermal noise generation from the cameras
3.7. Growth potential analysis
3.8. Porter's analysis
3.8.1. Supplier power
3.8.2. Buyer power
3.8.3. Threat of new entrants
3.8.4. Threat of substitutes
3.8.5. Internal rivalry
3.9. Competitive landscape, 2018
3.9.1. Company market share analysis
3.9.2. Strategy dashboard (New product development, M&A, R&D, Investment landscape)
3.10. PESTEL analysis
Chapter 4. Automotive Camera Market, By Type (Revenue & Shipment)
4.1. Key trends by type
4.2. Mono
4.2.1. Market estimates and forecast, 2015 - 2025
4.3. Stereo
4.3.1. Market estimates and forecast, 2015 - 2025
4.4. Trifocal
4.4.1. Market estimates and forecast, 2015 - 2025
Chapter 5. Automotive Camera Market, By Vehicle Type (Revenue & Shipment)
5.1. Key trends by vehicle type
5.2. Passenger Cars
5.2.1. Market estimates and forecast, 2015 - 2025
5.3. Utility Vehicles
5.3.1. Market estimates and forecast, 2015 - 2025
5.4. Commercial Vehicles
5.4.1. Market estimates and forecast, 2015 - 2025
Chapter 6. Automotive Camera Market, By Application (Revenue & Shipment)
6.1. Key trends by application
6.2. ADAS
6.2.1. Market estimates and forecast, 2015 - 2025
6.2.2. Lane departure systems
6.2.2.1. Market estimates and forecast, 2015 - 2025
6.2.3. Emergency braking systems
6.2.3.1. Market estimates and forecast, 2015 - 2025
6.2.4. Forward collision warning
6.2.4.1. Market estimates and forecast, 2015 - 2025
6.2.5. Others
6.2.5.1. Market estimates and forecast, 2015 - 2025
6.3. Parking Assist
6.3.1. Market estimates and forecast, 2015 - 2025
Complete report titled at https://www.marketstudyreport.com/reports/automotive-camera-market
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