Owing to the rising demand for drive
assistance sensors and parking cameras, the automotive
camera market is expected to grow significantly. Additionally, automotive
cameras are found to provide a better driving experience. According to a recent
publication by IndustryARC, in 2018, the global automotive camera market size
was $11.34 billion and the demand is projected to grow at a healthy compound
annual growth rate (CAGR) of 9.75% during the forecast period of 2019 to 2025.
This resonates with the findings that
are documented in the recent business publication by IndustryARC titled
“Automotive Camera Market - Industry Analysis, Market Size, Share, Trends,
Application Analysis, Growth and Forecast (2019 – 2025).” The report also
documents that high requirement of this product is certainly needed in
passenger cars which will propel the automotive camera market demand.
Global
Automotive Camera Market: Demand Analysis and Growth Forecast
Automotive camera, car DVR, or driving
recorder is a camera that continuously records the view from the vehicle’s
windscreen, rear camera, or windows. Furthermore, a rare-view mirror dash camera
is high-quality visibility. Nowadays, there is a mirror dash came that can record
video. Some dash-cameras are even used to record the interior view of the car
in 360degree. However, the advanced driver-assistance systems aid the drivers
in the process of driving.
Global
Automotive Camera Market: Leading Segments
Europe had the largest share of the
global automotive camera market in 2018. In countries like Germany and Berlin,
ADAS camera has become mandatory for a few years due to stringent rules laid by
the government. The strict rules are implemented for vehicles and road safety
regulations due to the growing population and the demand for the vehicle. Owing
to this, the European Union is particular about lane departure system, driver
monitoring system, and park assist system. Subsequently, this led to Europe’s
highest regional automotive camera market share of 26.37% as of 2018.
However, the key application segment in
the global automotive camera market is cited as the driver monitoring system
and park assist system by the IndustryARC’s analysts. The estimated
opportunities for the growth in this application is anticipated to observe an
impressive CAGR of 11.41% during the aforementioned forecast.
Global
Automotive Camera Market: Market Trends and Drivers
·
Continental
Virtual A-Pillar[Pk1]
This new technology captures the head
movements of the driver using an interior camera placed above the steering
wheels. It also captures the live video of the vehicle’s external environment
with the camera located on the vehicle’s exterior. It gives a view of a window
rather than a live video to the driver.
·
Multi-Gig
Ethernet
It is an era of Multi-Gigabit Ethernet for
autonomous vehicles. The vehicle’s sensors and the camera is calibrated to
collect the huge amount of data that is instantly processed to ensure safety
that can be made by the vehicle. Such requirements are driving the growth of
the automotive camera market.
·
Radar
Radar is placed behind the car sheet
metal. It is one of the most reliable technology as it can capture the view of
hundreds of yards and can grasp the speed of all the objects spotted around.
This has increased the demand for automotive camera in the market.
Global
Automotive Camera Market: Competitive Landscape
Some of the
key companies identified in the report that are currently holding the majority
shares in the global automotive camera market are Continental AG, Magna
International Inc, Mobileye N V, Omnivision Technology Inc, Robert Bosch Gmbh,
Valeo, Aptiv Plc, Autoliv, Inc, Automation Engineering Inc, Stonkam Co , Ltd.
Talk to one of our sales representative
about the full report by providing your details in the link below:
Related
Reports:
ADAS
Camera Market
https://www.industryarc.com/Report/17953/adas-camera-market.html
Vehicle
Camera Market
https://www.industryarc.com/Research/Vehicle-Camera-Market-Research-501146
Smart Camera Market
https://www.industryarc.com/Report/15139/smart-camera-market.html
What can you expect from the
report?
The automotive
camera market is prepared with the main agenda to cover the following 20
points:
1. Market Size by Product Categories
& Application 11. Demand Analysis (Revenue & Volume)
2. Market trends & Relevant Market
Data 12. Country level Analysis
3. Manufacturer Landscape 13. Competitor Analysis
4. Distributor Landscape 14. Market Shares Analysis
5. Pricing Analysis 15. Value Chain Analysis
6. Top 10 End user Analysis 16. Supply Chain Analysis
7. Product Benchmarking 17. Strategic Analysis
8. Product Developments 18. Current & Future Market
Landscape Analysis
9. Mergers & Acquisition Analysis 19. Opportunity Analysis
10. Patent Analysis 20. Revenue and Volume Analysis
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customized reports and charge additionally for limited customization?
Response: Yes, we can
customize the report by extracting data from our database of reports and annual
subscription databases. We can provide the following free customization:
1. Increase the level of data in
application or end user industry.
2. Increase the number of countries in
geography chapter.
3. Find out market shares for other
smaller companies or companies which are of interest to you.
4. Company profiles can be requested
based on your interest.
5. Patent analysis, pricing, product
analysis, product benchmarking, value and supply chain analysis can be
requested for a country or end use segment.
Any other custom requirements can be
discussed with our team, drop an e-mail to [email protected] to discuss more about our consulting
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About IndustryARC: IndustryARC is
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in various industries such as Agriculture, Automotive, Automation &
Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food
and Beverages, Information Technology, and Life sciences and Healthcare.
[Pk1]https://innovation-destination.com/2018/11/07/continentals-virtual-a-pillar-eliminates-forward-blind-spots/