Global Automotive Camera Market Size is estimated to expand rapidly in coming years, at a CAGR of 28.3 % from 2018 to 2025. In 2017, the global market valuation was USD 7.8 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. Smart automotive cameras enable ADAS applications like the rear or surround view camera systems and electronic mirrors. These chipsets include HDR image sensors and versatile image signal processors that provide excellent flicker-free images with high-quality resolution. The changing preferences of automobile manufacturers to replace normal mirrors with cameras will offer a wide rear view for drivers and is expected to drive the market in the forecast period. North America is expected to be the highest growing region in the global market of automotive cameras.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global automotive camera market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global automotive camera market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.

Segment Analysis

By Type Insights: On the basis of type, global automotive camera market has been segmented into mono, stereo, trifocal. Among which stereo automotive camera segment is expected to be the highest growing segment in the global market. These cameras are installed in vehicles to support semi-automated and autonomous driving functions to expand the automation in the industry. The latest advancements in the stereo camera market, such as neural network and machine learning, with advancements in artificial intelligence are anticipated to propel the automotive camera growth market.  

By Application Insights: On the basis of application device, global automotive camera market has been segmented into ADAS and parking assist. Among which parking assist segment is driving the global market and will maintain its dominance throughout the period. The parking assist applications are gaining high popularity in the global market owing to the increasing number of accidents while reversing cars. Rear view cameras allow driver to see whit is behind by eliminating the blind spots and provide proper amount of time to take any action if any object is nearby. The growing adoption of rear view systems are expected to boost the global market in forecast period.

Regional Analysis

The automotive camera market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players.

In terms of region North America is expected to witness high growth in the upcoming time span.  Increase in demand of luxury cars in the region is the key point behind the market growth of automotive camera. An increasing number of road accidents and the implementation of various federal vehicle safety standards are the key points behind market growth of autonomous camera. Key players in the region are putting their efforts to develop advanced automotive camera systems which will dominate the global market in the forthcoming period. Asia Pacific region is expected to witness high growth in the market in forecast period. An Indian manufacturing company has introduced KENT CamEye which  is a first-of-its-kind car security device for vehicles and its passengers that uses dual cameras to record everything happening inside and outside the car, and also allows live video streaming of either camera, from anywhere in the world. Europe is anticipated to dominate the global automotive camera market over the projected period majorly owing to rising trend of the automatic camera system. Various companies from the region are working on a technology with which vision components are used to keep an eye on the driver’s facial expressions and will transmit an alarm or warning if the driver is feeling drowsy.

Global Automotive Camera Market Size, Share Analysis by Region 2017

Global Automotive Camera Market Study Objective

1. To forecast the market size of the automotive camera market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

2. Market analysis and forecast of the automotive camera market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

3. To analyze and elaborate significant factors that will have a major impact on the growth of automotive camera market, such as drivers, restraints, challenges, and opportunities.

4. The regional analysis of automotive camera market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.

5. Strategic analysis of micro markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.

6. To provide detailed analysis of competitive and strategic developments in the automotive camera market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

Key Players Landscape

Automation Engineering Inc., Robert Bosch GmbH, Continental AG, Aptiv PLC, Stonkam Co., Ltd., Mobileye N.V., Autoliv Inc., Magna International Inc., OmniVision Technologies, Valeo are some of the key players in the market of automotive camera.

Global Automotive Camera Market Study Report Offer You!

The global automotive camera market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.