Press release
Automotive Camera Market 2020 Expected to Showcase Extensive Growth, Business Opportunity | Top Vendors- Basler AG, Allied Vision Technologies, Autoliv, etc.
Automotive Camera Market
COVID-19 Analysis
COVID-19 impact analysis indicates that a massive decline in vehicle sales has been witnessed in just three to four months, as a result of the shutdowns coupled with oil price fluctuations. Notable automotive manufacturers are taking up various tactics in a bid to mitigate the detrimental impact of the pandemic by examining their dealerships to facilitate flow of services. The short-term impact of COVID-19 on the automotive industry has resulted in closing of assembly plants in the United States (US), low to no export of Chinese components and manufacturing interruptions across Europe, in the wake of the lockdown situation.
Top Boosters and Main Barriers
The automotive camera market size can expand remarkably over the coming years as a result of the increasing technological innovations in automotive safety systems, camera based drive assistance sensors, along with aftermarket sales of parking cameras.
Increasing demand for sensing cameras in driver assistance systems is another critical growth booster in the market. The increasing need for automotive cameras in passenger cars and the latter’s high demand across the globe can also bolster the market size in the following years.
The improving financial conditions across developing regions is leading to higher demand for luxury vehicles, which is presumed to benefit the automotive camera market over the appraisal period.
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Top Companies Profiled in Automotive Camera Market Research Report:
Basler AG (Germany), Allied Vision Technologies (Germany), Autoliv, Inc (Sweden), Denso Corporation (Japan), Valeo S.A. (France), Robert Bosch GmBH (Germany), Balluf (Germany), TRW Automotive (US), ADA-ES Inc. (US), Delhi Automotive PLC (UK), to name a few.
Market Segmentation
The market for automotive camera has been considered for camera type, vehicle type as well as application.
• The camera types covered in the research include Thermal, Digital, Infrared, and others.
• The vehicle types included in the study are commercial vehicles as well as passenger cars, among others. The passenger cars section leads the market, given the rising sale of these cars across developing regions.
• Application areas of automotive cameras are Adaptive Cruise Control, Park Assist System, Night Vision, Road Sign Recognition, Pedestrian Detection, Blind Spot Detection, Lane Departure Warning, Driver Monitoring, among others.
Regional Insight
Europe, North America, APAC or Asia Pacific, and RoW or the Rest-of-the-World are the major markets for automotive camera.
The automotive camera market in North America is the most profitable and can remain so throughout the evaluation period. The United States (U.S), followed by Canada, are some of the biggest markets in the region, as these countries are considered to be prominent automotive hubs for many of the renowned global OEMs.
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Major Highlights of TOC Covers:
1. Executive Summary
2. Key Business Trends
3. Regional Trends and Growth
4. Product Trends
5. End-use Trends
6. Definition and Forecast Parameters
7. Automotive camera Market Segmentation
8. Automotive camera Market Landscape
9. Vendor Matrix
10. Company Profiles
11. Business Overview
12. Financial Data
More…
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