Press release
Global Automotive Cameras Market was valued at USD 11.37 Bn. in 2022, with a projected Compound Annual Growth Rate (CAGR) of 14.3% from 2023 to 2029.
Global Automotive Cameras Market
Maximize Market Research Pvt. Ltd., a leading market research company based in Pune, India, has released a detailed and insightful market research report on the Automotive Cameras Market. The report, based on data from 2022, highlights the current market size, trends, and forecasts for the period 2023 to 2029.
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The report's findings are based on a robust research methodology, including primary research with manufacturers, distributors, OEMs, and investors, supplemented by secondary sources such as press releases, company annual reports, and government websites.
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What are Global Automotive Cameras Market Dynamics?
Automotive camera systems are integral to modern applications such as Lane Departure Warning Systems (LDWS), Forward Collision Warning Systems (FCWS), and Blind Spot Warning. These systems are not only assisting drivers in parking but are also enhancing the performance of vehicles. The incorporation of cutting-edge computer vision algorithms in automotive cameras is contributing disruptively to Advanced Driver Assistance Systems (ADAS).
The report identifies various system solutions currently available in the market, including rear-view cameras, surround-view cameras, e-mirrors, and driver monitoring systems. The adoption of automotive cameras is growing in both light and heavy commercial vehicles, driven by increasingly stringent government regulations.
Development in Autonomous Systems: The rise of autonomous vehicles, categorized from Level 1 to Level 5, is propelling the growth of the automotive cameras market. Levels 1 and above necessitate the deployment of high-tech tools like cameras and sensors, contributing to a CAGR of 14.3% in the market.
Government Initiative Towards Advanced Safety Features: Governments worldwide are introducing safety regulations, such as event data recorders and advanced driver assistance features, boosting the demand for automotive cameras.
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What is Global Automotive Cameras Market Regional Insight?
The Asia Pacific region is projected to be the fastest-growing market, driven by the increasing popularity of premium vehicles, safety features, and rising investments in electric vehicles.
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What is Global Automotive Cameras Market Segmentation?
by Application
1. Night Vision Recording
2. Parking Assist System
3. Blind Spot Detection
4. Lane Departure System
5. Other ADAS Systems
by Technology
1. Digital
2. Thermal
3. Infrared
by Vehicle Type
1. Passenger Vehicles
2. Commercial Vehicles
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Who are Global Automotive Cameras Market Key Players?
1. Robert Bosch GmbH (Germany)
2. Siemens AG (Germany)
3. ZF Friedrichshafen AG (Germany)
4. Hella KGaA (Germany)
5. Continental AG (Germany)
6. Faurecia (France)
7. Valeo S.A (France)
8. Ficosa Internacional SA (Spain)
9. Autoliv, Inc. (Sweden)
10. Veoneer (Sweden)
11. Aptiv (Ireland)
12. Te Connectivity (Switzerland)
13. OmniVision Technologies Inc. (US)
14. Ambarella International LP (US)
15. Delphi Technologies- BorgWarner Inc. (US)
16. Garmin Ltd (US)
17. Magna International Inc. (Canada)
18. Panasonic Corporation (Japan)
19. Sony Group Corporation (Japan)
20. Denso Corporation (Japan)
21. Aisin Seiki (Japan)
22. McNex Co., Ltd. (South Korea)
23. Qrontech Co. Ltd. (South Korea)
24. Mobileye (Israel)
Table of content for the Global Automotive Cameras Market includes:
Global Automotive Cameras Market: Research Methodology
Global Automotive Cameras Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Automotive Cameras Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape
Market Size, Share, Size & Forecast by different segment |
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
Contact Maximize Market Research:
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About Maximize Market Research:
Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.
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