Press release
The Automotive Camera Sensor Market is Expected to Expand Substantially Due to the Growing Need for Autonomous Cars
Automotive Camera Sensor Market
The global automotive camera sensor market size was valued at USD 2231.02 Mn in 2021 and is expected to reach USD 5151.04 Mn by 2028, recording a CAGR of 11.0% during the projection period. The market is driven by their unique ability to sense colors, which also enables them to read stop signs and recognize traffic signals. Since camera sensors are more affordable than LiDAR and RADAR, they are the ideal option for many ADAS applications. Due to how significantly less expensive they are, camera sensors are being utilized more and more as the "basic sensor" by many manufacturers. These sensors are employed in the detection of pedestrians, park assistance, night vision, and traffic sign recognition systems. All of these significant benefits support the market's growth.
๐๐๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐๐ฉ๐จ๐ซ๐ญ@ https://www.extrapolate.com/sample/Automotive/automotive-camera-sensor-market/25673
Autonomous driving is a major factor in the demand for automotive sensors. Together with the overall automotive market, the automotive sensor sector is growing substantially. The extensive use of ADAS and AD systems is the primary driver of the rising demand for automotive sensors. Sensors utilized in ADAS/AD systems, such as image sensors, temperature sensors, position sensors, speed sensors, etc., are mainly accountable for the market growth for automotive sensors.
๐๐๐ฌ๐ฌ๐๐ง๐ ๐๐ซ ๐๐๐ก๐ข๐๐ฅ๐ ๐๐๐ ๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐๐๐๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ก๐๐ซ๐ ๐๐ฐ๐ข๐ง๐ ๐ญ๐จ ๐ข๐ญ๐ฌ ๐๐ข๐ฌ๐ข๐ง๐ ๐๐๐ฆ๐๐ง๐ ๐๐๐ซ๐จ๐ฌ๐ฌ ๐ญ๐ก๐ ๐๐ฅ๐จ๐๐
On the basis of vehicle type, the global automotive camera sensor market is bifurcated into passenger cars and commercial vehicles. In terms of market share, the passenger vehicle segment dominated the market in 2021, and it is projected that it would keep dominating in the revenue stakes in the near future.The aerospace and defense segment is anticipated to account for the largest market share owing to the increasing demand for military applications. The connections have the extra advantages of low overall applied cost and a labor-saving two-crimp assembly, making them best suited for specific applications.
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐ข๐ญ๐ก ๐๐๐@ https://www.extrapolate.com/Automotive/automotive-camera-sensor-market/25673
The dominant position of the passenger car segment is a result of the enormous demand for and manufacturing automobiles worldwide. Nowadays, the majority of vehicles produced worldwide are passenger vehicles, which has significantly contributed to the growth of the segment.
๐๐ง๐ก๐๐ง๐๐๐ ๐๐๐ซ๐๐จ๐ซ๐ฆ๐๐ง๐๐ ๐จ๐ ๐๐๐ฌ๐ฌ๐๐ง๐ ๐๐ซ ๐๐๐ก๐ข๐๐ฅ๐๐ฌ ๐๐๐ญ๐๐ซ ๐๐ฌ๐ข๐ง๐ ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐๐ง๐ฌ๐จ๐ซ๐ฌ ๐ญ๐จ ๐๐ซ๐ข๐ฏ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก
The usage of automotive sensors improves the performance of passenger vehicles. reduce CO2 emissions while raising vehicle safety. road infrastructure improvements. The availability of inexpensive labor and the rise in consumer buying power has boosted the demand for automobiles in developing countries such as China, India, and Brazil, which has in turn fueled the demand for automotive sensors.
Throughout the projection period, it is expected that commercially accessible vehicles' autonomous capabilities will rapidly advance as a result of stricter regulations, safety inspections, and public awareness of vehicle safety. As an illustration, in developed countries, all vehicles are required to include technologies such as cruise control and lane-keep assistance, and blind-spot monitoring is subject to legislation, particularly in Europe.
๐๐๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ
โ Innovative driver-assistance technology for local rail transit was created by Robert Bosch GmbH in November 2021. It initially alerts the tram driver in the event of a possible collision. The system automatically slows the tram until it comes to a complete stop in order to avoid a collision or at the least, minimize damage, if the driver does not react or does so too late.
โ The XENSIV TLE4972 vehicle current sensor was released in October 2021 by Infineon Technologies AG. Infineon's tried-and-true Hall technology is used by the coreless current sensor to detect current precisely and consistently.
๐๐๐ฅ๐๐๐ฌ๐ข๐ง๐ ๐๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ ๐ญ๐จ ๐๐ ๐ญ๐ก๐ ๐๐ซ๐ข๐ฆ๐๐ซ๐ฒ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ ๐๐ญ๐ซ๐๐ญ๐๐ ๐ฒ ๐๐ฆ๐ฉ๐ฅ๐จ๐ฒ๐๐ ๐๐ฒ ๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
As a result of the existence of top companies functioning in the market, the global market for automotive camera sensors is extremely competitive. These market participants are concentrating on implementing numerous business strategies such as product innovation, product launches, partnerships, and collaborations in order to preserve their market position and improve their revenue share.
๐๐๐๐ ๐๐ ๐๐๐ ๐๐๐๐๐๐๐๐๐ ๐๐๐๐ ๐๐๐๐:
-Robert Bosch GmbH (Gerlingen, Germany)
-Infineon Technologies AG
-STMicroelectronics
-Continental AG
-Denso Corporation
-NXP Semiconductors
-Texas Instruments Incorporated
-Allegro Microsystems, LLC
-CTS Corporation
-Elmos Semiconductor
-Sensata Technologies
๐๐๐๐๐๐๐๐๐๐๐๐
๐๐ฒ ๐๐ฒ๐ฉ๐
>CMOS
>CCD
๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
>TSR
>LDW
>Surround View
>Park Assists
>Road Vulnerability Detection
>DMS
>Occupancy Detection
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ@ https://www.extrapolate.com/enquire/Automotive/automotive-camera-sensor-market/25673
๐๐ฎ๐ซ๐จ๐ฉ๐ ๐ญ๐จ ๐๐ ๐ญ๐ก๐ ๐๐๐ซ๐ ๐๐ฌ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ฌ ๐ ๐๐๐ฌ๐ฎ๐ฅ๐ญ ๐จ๐ ๐๐ข๐ฌ๐ข๐ง๐ ๐๐๐๐๐ฉ๐ญ๐๐ง๐๐ ๐จ๐ ๐๐ฎ๐ญ๐จ๐ฆ๐๐ญ๐๐ ๐๐๐ก๐ข๐๐ฅ๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ ๐ข๐จ๐ง
Europe is anticipated to be the largest market for automotive camera sensors in terms of revenue. The region's dominance is a result of the increased acceptance of connected cars and the need for automated vehicles. The laws of the European Union (EU), which were updated in 2018 and regulate the installation of specific safety systems in vehicles, are also helping these sensors become more widely accepted in this region.
The Asia Pacific is projected to grow at a rapid CAGR owing to several factors such as the rising popularity of electric vehicles in major nations such as South Korea, China, and Japan. Many government efforts and policies that favor the usage of electric vehicles have enhanced the market opportunity that exists for suppliers of automotive sensors. For instance, in January 2021, the Environment Ministry of South Korea announced a budget of USD 891.7 million for subsidies for electric vehicles. In the sub-$53,000 price range, there will be completely subsidized electric automobiles available.
๐๐๐๐๐ ๐๐ ๐๐๐๐๐๐๐๐:
Chapter 1. Executive Summary
Chapter 2. Research Methodology
Chapter 3. Market Outlook
Chapter 4. COVID-19 Impact On Automotive Camera Sensor Market
Chapter 5. Global Automotive Camera Sensor Market Overview, By Type, 2015 - 2028(USD Million)
Chapter 6. Global Automotive Camera Sensor Market Overview, By Dimension, 2015 - 2028(USD Million)
Chapter 7. Global Automotive Camera Sensor Market Overview, By Vehicle Autonomy, 2015 - 2028(USD Million)
Chapter 8. Global Automotive Camera Sensor Market Overview, By Vehicle Type, 2015 - 2028(USD Million)
Chapter 9. Global Automotive Camera Sensor Market Overview, By Application, 2015 - 2028(USD Million)
Chapter 10. Global Automotive Camera Sensor Market Overview, By Geography, 2015 - 2028(USD Million)
...Continued
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ:
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