Automotive Camera Market Scope
Automotive cameras are used to assist drivers in vehicles which is equipped with sensors. Sensor can be installed in rare camera as well as in front camera. Automotive camera generates high quality video, which will help drivers for safety and security purpose. The features of these cameras are instructing drivers in parking vehicles, enabling cruiser controls, and providing night vision. It will play major role in advanced driver assistance system(ADAS). Drivers assistance include applications such as BSD (Blind Spot Detection), FCW (Forward Collision System) and LDWS (Lane Departure Waring System). Demand for Automotive cameras will upsurge, due to the rising traffic issues, road accidents and government regulations.
According to AMA, the Global Automotive Camera market is expected to see growth rate of 22.0% Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Automotive Camera market throughout the predicted period.
Ambarella (United States), OmniVision Technologies (United States), Valeo Inc. (United States), Continental AG (Germany), Robert Bosch GmbH (Germany), Autoliv Inc. (Sweden), Delphi Automotive LLP (Ireland), Aptiv PLC (Ireland), Ficosa Internacional SA (Spain) and Denso Corporation (Japan) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are TRW Automotive (United States), Integrated Micro-Electronics, Inc. (IMI) (Philippines), Hella KGaA Hueck & Co (Germany), Gentex (United States) and isin Seiki Co., Ltd.(Japan).
Segmentation Overview
The study have segmented the market of Global Automotive Camera market by Type (Side View Cameras, Interior View Cameras, Forward View Cameras, Rear View Cameras and Corner View Cameras), by Application (Blind Spot, Drive Recorders, 360° Surround View, LDWS, Night Vision, Parking Surround View, Drowsiness, Distance, AFS and Others) and Region with country level break-up.
On the basis of geography, the market of Automotive Camera has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Customer inclination towards advanced camera module which provides various features including BSD (Blind Spot Detection), FCW (Forward Collision System) and LDWS (Lane Departure Waring System)
Market Growth Drivers:
Advance Technology of Sensor Used in Cameras, Rises Number of Road Mortality, Increasing Safety as well as Security Concern and Upsurge demand of specious vehicles
Challenges:
High Installation Charge Due to Great Designing and Testing
Restraints:
High Cost Of Automotive Cameras
Opportunities:
Legislation regarding Replacement of Side View Mirror With Cameras and Adoption of New Technologies such as GPS, 3D Imaging and Top Down Cameras
Market Leaders and their Expansionary Development Strategies
On 28th September 2017 Autoliv Acquired LiDAR, because for actual driving Lidar and fighting cameras are essential.
In September 2018, OmniVision technologies Inc. announced a new automotive HD camera module with collaboration of Leopard Imaging that have advanced features from Texas Instruments
According to the UN Regulation Number 46 is permits all mandatory and mirrors for passenger cars, commercial vehicles and buses to be replaced by camera monitor systems (CMS).
Key Target Audience
Automotive Cameras Vendors, Commercial vehicles Owners, Government and Private research Organisation and Others
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.