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Posted by Micheal Jorden on April 25, 2024 at 7:09am 0 Comments

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Automotive Camera Market is Expected to Reach $10.95 billion by 2025

Automotive Camera Market

Cameras, radars, lidars, ultrasonic sensors, and electronic control units are the main components of the ADAS system (ECUs). These modules perform many ADAS functions in conjunction or independently, including adaptive cruise control, parking assistance, lane exit warning, traffic jam assist, automatic emergency braking, and blind-spot identification. Over the last few years, the number of vehicles fitted with ADAS features has seen a visible surge. As a result of the rise in ADAS and autonomous vehicles, demand for automotive camera vehicles has grown in recent years, and a similar pattern is projected to follow in the years ahead. Based on the BIS Research market intelligence, the global automotive camera market is expected to reach $10.95 billion by 2025.

The automotive camera market research provides a detailed perspective on the different types of products, their applications, value estimation, among others. The principal purpose of this market analysis is to examine the automotive camera market in terms of factors driving the market, restraints, trends, and opportunities, among others.

The report further considers the market dynamics, supply chain analysis, and the detailed product contribution of the key players operating in the market. The automotive camera market report is a compilation of different segments, including market breakdown by product type, application, region, and country.

The automotive camera market, based on type, has been front view, rear view, side view, and in-vehicle cameras. The rear-view segment is expected to maintain its dominance during the forecast period in automotive camera market.

The automotive camera market, based on level of autonomy, has been segmented into level 1, level 2, level 3, level 4, and level 5. The level 1 segment is expected to maintain its dominance during the forecast period in the automotive camera market.

The automotive camera market, based on view type, has been segmented into single view and multi view. The single view segment is expected to maintain its dominance during the forecast period in the automotive camera market

The automotive camera market, by application, has been segmented into passenger and commercial. The passenger segment dominated the automotive camera market in 2020 in terms of value and is expected to maintain its dominance through the forecast period.

Based on region, the automotive camera market has been segmented into Asia-Pacific and Japan, Europe, the U.K., China, North America, and Rest-of-the-World. Each region is segmented into countries. Data for each of these regions and countries is provided by product type and application.

Competitive Landscape

The automotive camera market competitive landscape consists of different strategies undertaken by key players across the industry to gain traction and market share presence. Some strategies adopted by the service providers are new product launches, business expansions, mergers, partnerships, and collaborations. Among all these strategies adopted, product launches is the popular choice of the strategy implemented in the automotive camera market. Some of the most prominent ecosystem players are Ficosa International S.A., Continental AG, Denso Corporation, Hella KGaA Hueck & Co., OmniVision Technologies, Inc., Stonkam Co., Ltd., Hyundai Mobis Co. Ltd., Kappa optronics GmbH, Magna International Inc., Ricoh Company Ltd., Robert Bosch GmbH, STMicroelectronics N.V., Valeo Group, LG Innotek Co., Ltd., and Aptiv PLC.



Key Questions Answered in this Report:
• For a new company looking to enter the market, which areas could it focus upon to stay ahead of the competition?
• How do the existing market players function to improve their market positioning?
• Which are the promising companies that have obtained financial support to develop their products and markets?
• How does the supply chain function in the automotive camera market?
• Which companies have been actively involved in innovation through patent applications, and which products have witnessed maximum patent applications during the period 2017-2020?
• Which product segment is expected to witness the maximum demand growth in the automotive camera market during 2020-2025?
• Who are the players that are catering to the demand for different cameras?
• How should the strategies adopted by market players vary for different product segments based on the size of companies involved in each segment?
• What are the key offerings of the prominent companies in the market for automotive cameras?
• What are the demand patterns of automotive cameras across the application areas in different regions and countries during the period 2019-2025?


Request for a Sample: Automotive Camera Market
Some of the notable developments are:

• Continental AG launched its infrared interior camera for detecting drowsiness of passengers in February 2019.
• Ficosa International S.A. has partnered with Videantis GmbH, a vision solution provider based in Germany, in December 2017 to develop and bring forward the advance sensing technologies for automotive cameras.
• Denso Corporation established a R&D lab in Pittsburgh in April 2020 for the innovation of autonomous driving including vision sensors.

Related Reports - ADAS and Autonomous Driving Component Market

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