Showing posts with label Global Automotive Camera Sector. Show all posts
Showing posts with label Global Automotive Camera Sector. Show all posts

Monday, April 24, 2023

Global Automotive Camera Market is expected to reach ~USD 20 Bn by 2028F: Ken Research

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Competition Scenario In Global Automotive Camera Market

The automotive camera market is highly competitive with ~100 players that include globally diversified players, regional players as well as a large number of country-niche players who have their niche in automotive cameras.

Regional players comprise ~45% of the total number of competitors, while the country-niche players comprise the second highest of the total number of competitors. Some of the major players in the market include Garmin Ltd., Panasonic Holdings Corporation, Continental AG, Autoliv, Robert Bosch GmbH, Magna International Inc., OMNIVISION, ZF Friedrichshafen AG, Aptiv, and STONKAM CO., LTD., among

What Is The Expected Future Outlook For The Overall Global Automotive Camera Market Across The Globe?

The Global Automotive Camera market was valued at USD ~billion in 2022 and is anticipated to reach USD ~20 billion by the end of 2028, witnessing a CAGR of ~% during the forecast period 2022-2028. The realistic growth scenario represents the most likely scenario as per current market conditions. This scenario assumes that there will be no overall impact on the market due to any potential COVID-19 waves in the future.

The Global Automotive Camera market is driven by the growing consumer demand for active safety systems coupled with increased penetration of camera-based convenience features in passenger cars and commercial vehicles. However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries.

With the increasing collaboration and emergence of new products, the Global Automotive Camera market is changing rapidly. For instance, In June 2020, OMNIVISION launched an OX03C10 ASIL-C automotive image sensor, which is a large 3.0-micron pixel size with a high dynamic range (HDR) of 140 dB and the best LED flicker mitigation (LFM) performance for viewing applications with minimized motion artifacts.

In July 2020, ZF Friedrichshafen AG launched a new S-Cam 4.8, a next-generation ADAS camera. The new camera has enhanced vision technology and can significantly expand the 100-degree field of view for enhanced AEB, semi-automated vehicle function, and lane keeping. The company aimed to enhance its product portfolio.

The global automotive camera market is forecasted to continue exponential growth, primarily driven by the surging demand for active safety systems among consumers. Furthermore, the rising penetration of camera-based convenience features in luxury vehicles along with the increasing installation of ADAS in vehicles is expected to fuel the growth of the market. Though the market is highly competitive with ~100 participants, regional players control the dominant market share.

Global Automotive Camera Sector

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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 Market 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

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

Global Automotive Camera Market

Wednesday, April 19, 2023

Global Automotive Camera Market expected to record a CAGR of ~12% during the forecast period (2017-2028): Ken Research

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What Is The Size Of Global Automotive Camera Industry?

Global Automotive Camera Market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD 20 Bn by 2028.

The Automotive Camera Market is largely driven by the growing consumer demand for active safety systems coupled with increased penetration of camera-based convenience features in passenger cars and commercial vehicles.

The stringent government initiatives to install safety technology in cars and other vehicles to enhance the safety of drivers coupled with increasing penetration of safety systems in vehicles is likely to propel the growth of the global automotive camera market.

The global automotive camera market faces challenges due to the high installation cost of the automotive camera.

The rising incidence of malfunctioning camera components such as modules, sensors, and other components along with the high cost to fix the damages is also expected to restrict the growth of the market.

The COVID-19 pandemic negatively impacted the automotive camera market due to the suspension of the production of vehicles and decreased demand for vehicles. Additionally, a halt in the automotive industry due to disruption in supply also slowed down the growth of the market during the pandemic. However, the market started gaining momentum owing to different mandates by different countries.

Global Automotive Camera Industry

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Global Automotive Camera Market By Vehicle Type

The Global Automotive Camera market is segmented by Vehicle type into Passenger Vehicles and Commercial Vehicles.

The passenger vehicles segment held the largest share of the global automotive camera market by vehicle type in 2022, owing to the rising incidence of car accidents along with the increasing requirement for an active safety system.

The increasing demand for camera-based convenience features, especially in luxury vehicles is expected to fuel the demand for the segment in the global automotive camera market.

Global Automotive Camera Market By Application

The Global Automotive Camera market is segmented by Application into Park Assist, ADAS and Others.

The ADAS segment accounted for the largest share of the global automotive camera market in 2022, attributed to the surge in the installation of ADAS in passenger cars and commercial vehicles.

Growing demand for ADAS systems in vehicles to improve their safety as it offers key driving assistance functions such as controlling speed, maintaining a safe speed, and other functions, is anticipated to aid the growth of the segment in the global automotive camera market.

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Global Automotive Camera Market By Technology

The Global Automotive Camera market is segmented by Technology into Infrared Camera, Thermal Camera and Digital Cameras.

Infrared camera segment accounted for the largest share of the global automotive camera market in 2022, due to the growing demand for cameras that operate in low-light conditions in vehicles.

Infrared cameras can detect invisible heat radiation emitted by objects regardless of lighting conditions which can offer an added advantage to the drivers and can ensure their safety, which is anticipated to aid the growth of the segment in the global automotive camera market.

Global Automotive Camera Market By Geography

The Global Automotive Camera market is segmented by geography into North America, Europe, Asia- pacific and LAMEA.

North America region accounted for the largest share of the global automotive camera market in 2022, due to the rising demand for luxury vehicles among consumers.

The increasing installation of advanced driver-assistance systems (ADAS) to enhance the safety of drivers coupled with the increasing number of manufacturers providing value-added service in the region, is expected to augment the growth of the region in the automotive camera market.

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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 Market 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.

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

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

Global Automotive Camera Market

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.

Request for Free Sample Report: - https://www.kenresearch.com/sample-report.php?Frmdetails=NTk2MTQ3

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

Wednesday, November 16, 2022

3 Key Insights on US$ 20 Bn Opportunity in the Global Automotive Camera Market: Ken Research

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Driven by the rising concerns regarding the safety of passengers and drivers along with increasing penetration of safety systems in vehicles, the Global Automotive Camera Market is forecasted to reach nearly US$ 20 Bn by 2028 says Ken Research Study.

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.

Ken Research shares 3 key insights on this high-demand market from its latest research study.

1.   Rising Adoption of ADAS Features in Vehicles Encourage Market Growth

The growing demand for active safety systems and ADAS features namely adaptive cruise control, automatic parking, anti-lock braking systems, automotive night vision, and others in vehicles are boosting the growth of the Automotive Camera market in the forecasted period. However, the high installation charges for the automotive camera may hamper the growth of the market.

According to Ken Research estimates, the Global Automotive Camera Market – valued at around US$ 7 Bn in 2017 and estimated to reach nearly US$ 10 Bn by 2022 – is expected to grow to around US$ 20 Bn opportunity by 2028.

Global Automotive Camera Market

2.   Increasing Number of Road Accidents Globally is driving the Market Growth

The increase in the number of road accidents is surging the demand for safety systems for passengers and drivers in the vehicle which is anticipated to aid the growth of the market. Moreover, rising concerns regarding road safety along with increasing penetration of camera-based convenience and installation of ADAS in vehicles are expected to bolster the growth of the global automotive camera market.

Global Automotive Camera Industry

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3.   High prices of Automotive Camera Are the Most Significant Barrier to the Growth of the Market.

The high prices of ADAS features and their installation cost may hamper the growth of the market. In addition, malfunctioning camera components like modules, sensors, and others along with the additional cost of fixing or replacing the components may restrict the growth of the market.

Global Automotive Camera Sector

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.

Request for Free Sample Report: - https://www.kenresearch.com/sample-report.php?Frmdetails=NTk2MTQ3

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