Global Automotive Camera Market, By Application (Park Assist System, Blind Spot Detection, Adaptive

Published Date: | Report Code : AT1910717

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The automotive camera market growth is expected to gain high momentum during the forecast period due to the increasing demand for luxury vehicles is leading to a rising demand for cameras.

Segment Analysis:

An automotive camera is installed in the front or rear of a vehicle. The camera can perform various other functions in a vehicle such as blind-spot detection, emergency braking, adaptive cruise control, etc., for the safety and convenience of the driver. Vehicle manufacturers provide cameras with a single view angle or multiple view angles. Moreover, they provide different technologies such as thermal view camera, digital view camera, or infrared view camera for safe driving during the night.

The automotive camera market is expected to grow during the forecast period due to technological advancements in cameras. Various legislations have mandated the installation of cameras in vehicles. Furthermore, increased safety and security concerns among consumers are expected to drive the automotive camera market globally. However, the rising cost of vehicles and automotive cameras may hamper market growth. North America and Europe are expected to lead the automotive camera market during the forecast period. This market in India and China is also expected to witness significant growth.   

Key Factors Impacting Market Growth:

  • Increasing demand for luxury vehicles is leading to rising in demand for cameras
  • Various legislation mandating the installation of the automotive camera to will drive its demand

Regional Analysis: 

By region, North America, Western Europe, and Asia Pacific are estimated to dominate the automotive camera market in terms of market demand. North America and Western Europe have been traditional markets for the automotive sector with many global manufacturers headquartered in this region. The automotive sector in these regions has been dynamic in terms of technological developments and product modifications. The demand for lightweight materials, cleaner emissions, and green fuels have been some of the key influencing factors in this region. Also, the market has witnessed steady recovery from recent slowdowns in the past decades. Some of these factors are expected to impact the dynamics of the automotive camera market in North America and Western Europe during the forecast period. The US, Germany, France, Italy, UK, and Spain have been some of the major economies for the automotive camera market in the region. 

Asia Pacific is estimated to be the fastest-growing region for the automotive camera market during the forecast period. This region has been one of the lucrative markets for the automotive sector in the past few decades with strategic investments by global companies in the region. China, Japan, India, and South Korea have been some of the major countries for the automotive camera market in the Asia Pacific region. The Middle East promises a strong market potential with the growth of the automotive sector in the region. Countries including UAE, Saudi Arabia, Qatar, and Iran have been diversifying the industrial sector to boost the economy in the past few decades. Other regions including Eastern Europe, South America, and Africa are estimated to emerging markets with growing demand during the forecast period.

Companies Covered: 

ADA-ES Inc., Autoliv Inc., Robert Bosch GmBH, Denso Corporation, TRW Automotive, and Delhi Automotive PLC…

Market Segmentation:

By Application:

  • Park Assist System
  • Blind Spot Detection
  • Adaptive Cruise Control
  • Autonomous Emergency Braking Assist
  • Others

By Type:

  • Single View System
  • Multi-View System

By Technology:

  • Thermal Camera
  • Digital Camera
  • Infrared Camera

By Vehicle Type:

  • Passenger Vehicles
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Application
    • By Type
    • By Technology
    • By Vehicle Type
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Application
    • By Type
    • By Technology
    • By Vehicle Type
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Application
    • By Type
    • By Technology
    • By Vehicle Type
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Application
    • By Type
    • By Technology
    • By Vehicle Type
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Application
    • By Type
    • By Technology
    • By Vehicle Type
  • Rest of the World
    • By Region (South America, Africa)
    • By Application
    • By Type
    • By Technology
    • By Vehicle Type

Reasons To Buy This Report:

  • Market size estimation of the automotive camera market on a regional and global basis
  • Unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country

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