Press release
Automotive Industrial Camera Market Is Booming Worldwide | Basler, Teledyne DALSA, Baumer, Sony, Cognex, TKH Group
A recent report titled ' Automotive Industrial Camera Market Growth 2022: Market Size, Trends and Opportunity Outlook - Forecast to 2028 ' provides an all-inclusive analysis. The study also provides the Automotive Industrial Camera market competitors share and region-wise analysis around the globe.The Automotive Industrial Camera market report provides information regarding market size, share, trends, growth, cost structure, global market competition landscape, market drivers, challenges and opportunity, capacity, revenue and forecast 2028. This report also includes the overall and comprehensive study of the Automotive Industrial Camera market with all its aspects influencing the growth of the market. This report is an exhaustive quantitative analysis of the Automotive Industrial Camera industry and provides data for making strategies to increase market growth and effectiveness.
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Automotive Industrial Camera Market was valued at $11,401.6 million in 2020, and is projected to reach $24,092.1 million by 2028, registering a CAGR of 9.70% from 2022 to 2027
Markets Segmentation:
Top leading Companies Profiled in Automotive Industrial Camera Market Report are Basler, Teledyne DALSA, Baumer, Sony, Cognex, TKH Group (Allied Vision), Daheng Image, JAI, KEYENCE, Matrox, OMRON, Hikvision, Dahua Technology
News and Updates
In September- 2021, Robert Bosch (China) Investment Ltd. (Bosch China) developed an automated valet parking with Hycan Automobile Technology. This technology will be installed in Hycan Z03. When the driver activates the automated valet parking function on the smartphone, the vehicle will automatically drive to the parking lot as commanded and park at the destinated location by accurately identifying the direction while avoiding obstacles. The automated valet parking technology is categorized under Level-4 autonomous driving.
In October- 2021, Continental developed an integrated solution for interior sensor technology, which meets future safety standards and increases vehicle comfort. It offers real-time object monitoring of the entire vehicle interior. The technology meets future safety regulations of the European Commission and the consumer protection organization European New Car Assessment Program (Euro NCAP).
Market Overview
The automotive camera market is expected to grow at a significant rate, due to an increase in sales of automobiles and advancement of sensors used in cameras. Furthermore, rise in number of road fatalities is expected to stimulate the growth of the market. In addition, social factors such as a surge in awareness of road safety by the people and implementation of stringent road safety regulations by the government are anticipated to fuel the market growth
Furthermore, the safety and security concerns among consumers have increased tremendously, thereby having a positive impact on the growth of global automotive camera market. However, high installation cost of the cameras restricts the market growth. On the contrary, expected increase in trend of installing advanced driver assistance systems (ADAS) and legislations mandating installation of cameras in vehicles are expected to provide lucrative opportunities for emerging as well as existing players in the global automotive camera market.
Market Segmented By Types
Area Scan Cameras
Line Scan Cameras
Others
Market Segmented By Applications
Robot Vison
Surface Detection
Welding Defect Inspection
Others
Regional Analysis:
Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, and Others), North America (United States, Canada, and Mexico), Central & South America (Brazil, and Rest of South America), Europe (Germany, France, UK, Italy, Russia, and Rest of Europe), Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa and Other)
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Key Takeaways from Automotive Industrial Camera Report
─Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals
─Understand the different dynamics influencing the Automotive Industrial Camera market - key driving factors, challenges and hidden opportunities.
─Get in-depth insights on your competitor performance - Automotive Industrial Camera market shares, strategies, financial benchmarking, product benchmarking, SWOT and more
─Analyze the sales and distribution channels across key geographies to improve top-line revenues.
─Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
─Get a quick outlook on the market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
─Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the Automotive Industrial Camera
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In conclusion, the Automotive Industrial Camera market report presents the descriptive analysis of the parent market supported elite players, present, past and artistic movement information which is able to function as a profitable guide for all the Automotive Industrial Camera Industry business competitors. Our expert research analyst's team has been trained to provide in-depth market research reports from every individual sector which will be helpful to understand the industry data in the most precise way.
Available Customization- The report could be customized according to the client's specific research requirements. No additional cost will be required to pay for limited additional research.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports 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.
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