Press release
Automotive Camera Market Top Players, Size, Business Scenario, Share, Growth, Insights, Industry Analysis, Trends and Forecasts Report 2027
Automotive Camera Market
The global Automotive Camera Market is projected to reach USD 15.74 billion by 2027, according to a recent report by Emergen Research. The growth of the market is driven by growing advancements in sensors crafter around cameras used for driving assistance, automotive safety systems, and aftermarket sales of parking cameras. Current advancements within the camera technology in conjunction with massive production output of the merchandise area unit is expected to lower the cost of technology drastically, which is able to produce large market potential within the close to future.
Increasing demand for sensing cameras in advanced automobiles help driver at various situations and is thereby anticipated to drive automotive camera trade growth over the succeeding years. High demand of the merchandise primarily within the traveler cars is anticipated to propel trade size. China and Republic of India area unit probably to drive product demand in light-weight of growing automotive half manufacture hubs and an oversized variety of suppliers within the market.
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Key Highlights From The Report
Increasing demand for numerous cameras as well as thermal camera, infrared camera, and camera in business vehicles and traveler cars is anticipated to make large trade potential over succeeding seven years. However, high value of the automotive camera is anticipated to restrain market growth over the upcoming years.
In automotive cameras, the growth of the market is primarily driven by the rising application areas of complementary metal-oxide semiconductor (CMOS) image sensors. The market is probably going to witness a surge in demand for safety solutions safety systems and driver help as well as ), LDWS (lane departure warning system), BSD (blind spot detection system), FCW (forward collision warning system), and pedestrian protection as well as head-up displays
In August 2019, Continental unveiled new system solutions for safer machine-driven driving. A mixed camera system was developed which mainly comprised of AN inward trying infra-red camera as well as an outward trying camera. The system will at the same time monitor the driving force similarly as close vehicles.
Key participants include Denso, Autoliv, Robert Bosch, Omnivision Technologies Inc., Valeo, Aptiv, Continental, Hyundai Mobis, Hitachi and Kyocera Corporation
Automotive Camera Market Region:
The report mainly focuses on the key market regions where the market is spread, including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The report further focuses on the key segments of the market, such as product types, application spectrum, technology, end-user industries, among others.
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The Global Automotive Camera Market report is furnished with key market statistics organized in the form of charts, graphs, tables, diagrams, figures, and other pictorial representations. The report offers an exhaustive analysis of the key market aspects like market size, volume, share, current and emerging trends, production and consumption rate, and other key elements that offer an idea about the prospective expansion of the Automotive Camera industry.
Vehicle Type Outlook (Revenue, USD Billion; 2017-2027)
Passenger Vehicles
Light Commercial Vehicles
Heavy Commercial Vehicles
Applications Outlook (Revenue, USD Billion; 2017-2027)
Park Assist System
Lane Departure Warning System
Adaptive Cruise Control System
Autonomous Emergency Braking System
Blind Spot Detection
Others
Technology Outlook (Revenue, USD Billion; 2017-2027)
Infrared Cameras
Thermal Cameras
Digital Cameras
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The report considers the following timeline for market estimation:
Historical Years: 2017-2018
Base Year: 2019
Estimated Year: 2027
Forecast Years: 2020-2027
Significant Features of the Automotive Camera Market Report:
Extensive competitive landscape analysis to offer the readers key insights into driving and restraining factors along with strategies adopted by the key players
Assessment of the existing and emerging trends of the business sphere
Detailed analysis of the emerging growth opportunities and threats and limitations the players might face in the coming years
Significant breakdown of the market to assess the factors that might influence the global market growth
An 8-year forecast for better understanding of the workings and growth opportunities of the market
Read more@ https://www.emergenresearch.com/industry-report/automotive-camera-market
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Emergen Research | Web: www.emergenresearch.com
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At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.
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