Thursday, November 17, 2022

3 Key Insights on Competitive Landscape in the Global Automotive Camera Market: Ken Research

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Regional Players Dominate the Market Comprising nearly 45% of Total Competitors despite the Presence of about 100 Competitors Comprising Global Players and Country-Niche Players find a recent market study on the Global Automotive Camera Market by Ken Research

The automotive camera is designed in a way to capture high-quality video to extend visibility which enhances the safety of the driver. These are the onboard camera that assists the driver with night vision, parking, assessing vehicle performance, and other purposes. The automotive camera is embedded with advanced computer vision algorithms, which play a crucial role in park assist, advanced driver assistance system (ADAS), and other applications.

Ken Research shares 3 key insights on the competitive landscape of this dynamic market from its latest research study.

Country-Niche players constitute ~40% of the Total Number of Competitors and hold ~25% of the Total Market Revenue

A comprehensive competitive analysis conducted during the Research Study found that the global automotive camera market is highly competitive with ~100 players which include globally diversified players, regional players as well as a large number of country-niche players who have their niche in the automotive camera market. The regional players comprise ~45% in terms of the number of companies and hold about 35% of the market share. Key players in the market are focused on product launches and offering value-added services to gain significant market share.

Global Automotive Camera Market

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Leading Players Expanded Production of  Automotive Cameras

Detailed comparative analysis of key competitors available within the Research Study shows that key players such as Robert Bosch GmbH, OMNIVISION, and ZF Friedrichshafen AG among others are highly focused on offering value-added services. Furthermore, market players are engaged in strategic developments and are constantly expanding their production facilities to fulfill the demand of the end-users.

  • In March 2020, BMW launched the 3 Series model line, the performance plug-in-hybrid 330e and 330e xDrive Sedans. The company’s new eDrive technology, safety, and advanced driver assist allow the new model to deliver an experience while lowering emissions and allowing for purely electric driving.
  • In August 2019, Magna expanded a manufacturing center near Michigan. The manufacturing facility cost around US$ 50 million to increase production to cater to the demand for digital cameras of customers.Global Automotive Camera Industry

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Increased Government Initiatives Promote Automotive Camera Market Growth and Development

  • In June 2022, the Bharat NCAP government proposed to implement vehicle safety rating and issued a draft to the union road and transport minister Nitin Gadkari. The minister of union road and transport approved the draft notification. The new initiative to improve the safety of drivers during the crash is expected to support the demand of the automotive camera market.
  • The government of India and the Minister for Road Transport and Highways announced to mandate of Advanced Driver Assist Systems (ADAS) in all cars in India from 2022 onwards. The government initiatives support the automotive camera market.

Key Topics Covered in the Report: -

Snapshot of the Global Automotive Camera Market

Industry Value Chain and Ecosystem Analysis of the Automotive Camera Market

Market size and Segmentation of the Global Automotive Camera Market

Historic Growth of the Overall Global Automotive Camera Industry and Segments

Competition Scenario of the Automotive Camera Market and Key Developments of Competitors

Porter’s 5 Forces Analysis of the Global Automotive Camera Industry

Overview, Product Offerings, and Strategic Developments of Key Competitors

COVID-19 Impact on the Overall Global Automotive Camera Market

Future Market Forecast and Growth Rates of the Global Automotive Camera Market and by Segments

Market Size of Application/End-User Segments with historical CAGR and Future Forecasts

Analysis of the Automotive Camera Market in Major Regions

Major Production / Consumption Hubs in the Major Regions

Major Production/Supply and Consumption/Demand Hubs in Each Region

Major Country-wise Historic and Future Market Growth Rates of the Total Automotive Camera Market and Segments

Overview of Notable Emerging Competitor Companies within Each Major Region

Major Companies Mentioned in the Report

Garmin Ltd.

Panasonic Holdings Corporation

Continental AG

Autoliv

Robert Bosch GmbH

Magna International Inc.

OMNIVISION

ZF Friedrichshafen AG

Aptiv

STONKAM CO., LTD.

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Notable Emerging Companies Mentioned in the Report

Mobileye N.V.

Valeo

Canon

Zebronics

Renesas

Period Captured in the Report

Historical Period: 2017-2021

Forecast Period: 2022E-2028F

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

Automotive Camera Manufacturers

Manufacturers of Automotive Electronics systems

Manufacturers of Automotive Safety systems

Emerging and Startup Companies in Automotive Camera systems

Components Suppliers for Automotive Camera Systems

Automotive Market research and consulting firms

Organizations, forums, and alliances related to Automotive Safety

Automobile Original Equipment Manufacturers (OEMs)

Distributors, Suppliers, and Channel Partners of Automotive Electronics

Associations, organizations, forums and alliances related to automotive camera and safety systems

Government bodies such as regulating authorities and policy makers

Potential Entrants into Automotive Electronics

PE and VC Firms focused on Automotive Electronics Segment

Communications and IT Hardware Companies targeting Automotive Industry

Automotive Research & Consulting Firms

Research and Development Associations

Investment Banking & Financial Institutes

Research & Development Institutes for Automotive Sector

Automotive Camera Providers

Automotive Camera Suppliers

Investors in Automotive Camera Start-ups

Automotive Camera Distributors

Government Ministries and Departments of Transportation

Transport Industry Regulatory Bodies

For more insights on the market intelligence, refer to the link below: -

Global Automotive Camera Market Analysis

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