About Automotive Multi Camera System
Automotive Multi Camera System is camera system which include the many camera such as front camera, back camera, offsite camera, opposite camera etc. which is fitted in the vehicles and it’s operated by the vehicles monitored. Multiple cameras can be fitted in any combination, with standard systems employing five cameras: front, rear, near, and offside, as well as an in-cab or load watching camera. An in cab display with a live view of the back and nearside cameras is installed solely to improve the driver's visual awareness of the vehicle. In-car camera systems are hooked into the ignition system and mounted throughout the vehicle. This implies that when the car is turned on, the camera solution instantly activates and begins recording.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
The Global market of Automotive Multi Camera System is included more number of player which are provide high number of services so the global market are less competition. In worldwide market of Automotive Multi Camera System the presented companies follow the new launch or innovation of product for increasing their revenue and growth. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Automotive Multi Camera System market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Continental (Germany), Robert Bosch (Germany), Valeo (France), Aptiv (Ireland), Magna (Canada), AddSecure Group AB (Sweden), Aldec Inc. (United States), Ambarella, Inc. (United States), Clarion Co., Ltd. (Japan) and Delphi Technologies (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Ficosa International S.A. (Spain), E-con Systems (United States), Garmin Ltd. (United States) and Gentex Corporation (United States).
Segmentation Overview
AMA Research has segmented the market of Global Automotive Multi Camera System market by Type (3D View and 2D View), Application (Parking and Advanced driver assistance systems) and Region.
On the basis of geography, the market of Automotive Multi Camera System 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). If we see Market by Technology, the sub-segment i.e. Digital Cameras will boost the Automotive Multi Camera System market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Offline will boost the Automotive Multi Camera System market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Camera, the sub-segment i.e. Rear Camera will boost the Automotive Multi Camera System market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Vehicles, the sub-segment i.e. Commercials Vehicles will boost the Automotive Multi Camera System market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Introduction of Acknowledgement Camera Technology and Mounting Usage of Wide Angle Camera Technology
Market Growth Drivers:
Amplified Importance of Insurance Companies on Safety Features, Upsurge in Development of Integrating Additional Safety Features and Enlarged Petition for Premium Segment Vehicles
Challenges:
Limits in Real-Time Image Processing In Surround View Systems, Great Manufacturing Cost Required and Skilful and Knowledge Person Required
Restraints:
High Cost of the Multi Camera System, Deficiency of operation in poor Lighting Conditions and Absence of working in Poor Weather Conditions
Opportunities:
Intensifying Mandate for Automotive Multi Camera System in Automotive Industry, Expanding Investment for Security Concern in Vehicles, Swelling Development for Autonomous Systems and Upward Acceptance in Developed Countries
Market Leaders and their expansionary development strategies
In 2021 Magna to Acquire Veoneer, Positioning Magna’s ADAS Business as a Global Leader in a Fast-Growing Industry. The acquisition capitalises on Magna's strengths and establishes the company's advanced driver assistance systems ("ADAS") business as a worldwide leader with extensive capabilities. Magna's ADAS business is being expanded with additional clients and regions, including Asia, as a result of the acquisition. Magna intends to run Veoneer's ArriverTM sensor perception and drive policy software platform as a separate business entity, as is Veoneer's existing practise. Magna will also acquire Veoneer's global leadership position in restraint control systems.
On 29 August 2022 E-con Systems Launches Multi-camera for NVIDIA Jetson AGX Orin. NileCAM81 CUOAGX, a 4K HDR GMSL2 multi-camera solution for NVIDIA Jetson AGX Orin / AGX Xavier based on the half-inch AR0821 sensor from onsemi, is now available from e-con Systems, an embedded camera expert. NileCAM81 CUOAGX is built around Onsemi's AR0821 half-inch sensor. It has a pixel size of 2.1m x 2.1m and so has a high sensitivity. This, together with its 4K resolution, allows for the capturing of images with outstanding detail even in extremely low lighting settings.
Key Target Audience
Automotive Multi Camera System manufacture, Automotive Multi Camera System monitor manufacturer, Vendor and Supplier, Investor, New Entrance, Government bodies, Corporate Entities and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.