Automotive Camera Scope | Market Global Size, Opportunities, Industry Analysis By Top Leaders - 2023

According to the latest report Automotive Camera Market, Camera Type, Vehicle Type and Application Type and by Regions with Forecast To 2023, published by Market Research Future, the Global Automotive Camera Market will Grow with a 19% CAGR over the forecast period 2023.

Automotive Camera Market Global Market- Overview

Automotive camera are the type camera which are installed in vehicle particularly in commercial and passenger vehicles. The automotive camera are generally installed at front side, rear side, or inside a vehicle for safety purposes. The camera modules include image sensors which are integrated with electronic components in vehicles. These camera offers wide range of applications such as during parking, cruise control, and night vision. With the active involvement of the manufacturers associated with the technological advancement in automotive sector, camera-based automotive systems have been evolved new technology in the automotive vehicles such as driver assistance systems, night vision and many more. With the advent of camera technology associated with increased production output is expected to reduce the manufacturing cost of automotive camera which is presumed to increase the growth of automotive market over the forecast period.

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Key Players:

The prominent players in over the automotive camera market are – ADA-ES Inc. (U.S.), Allied Vision Technologies (Germany), Balluf (Germany), Basler AG (Germany), Autoliv, Inc (Sweden), Delhi Automotive PLC (U.K.), Denso Corporation (Japan), Robert Bosch GmBH (Germany), Valeo S.A. (France), TRW Automotive (U.S.) among others.

Automotive Camera Market Drivers and Restraints:

The automotive camera is becoming a crucial device due to increase in the need for safe driving. Visibility problem of the driver is one of the major causes of accident while driving. Automotive cameras capture the highest quality video to extend visibility while night driving, parking, and assess vehicle performance.

Market Research Future predicts, the automotive camera to witness 19% CAGR during 2017-2023 and grow to USD 19 Bn.

Increase in road security and safety concerns, implementation of stringent traffic norms by governments around the globe and increase in road facilities are the factors proliferating the automotive camera market.

The growing influence of the new car assessment program and customers turning towards luxury vehicles are adding to the automotive market expansion.

Other factors driving the automotive camera market are an increase in the use of autonomous cars, advancement in camera sensors, and increased awareness on road safety among people.

Intended Audience

• Technology investors
• Integrated device manufacturers (IDMs)
• Wearable electronics technology platform developers
• Original equipment manufacturers (OEMs)
• Smart grid integrators
• Surface mount component device distributors and providers
• Research/Consultancy firms

Automotive Camera Market Global Market – Regional Analysis

North America is expected to dominate the global automotive camera market with the largest market share in the region. The United States and Canada are the leading countries in the region owing robust network infrastructure which helps in better connectivity. Additionally, Europe will be the second most leading region in the automotive camera market. Germany and U.K are the leading countries in the region. This is attributed to presence of large number automotive manufacturers in the country. Furthermore, Asia Pacific is the fastest growing region in the market. China, India, Japan, Thailand, Malaysia and South Korea are the leading countries in the region. This is attributed to rapid industrialization related with rising number of automobile production.

Report Overview:

The report for Global Automotive Camera Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

I am Miller Peet, I am working in market research future as a automotive research analyst