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Automotive Camera Market

Automotive Camera Market Size, Share and Segmentation by Camera type (Digital camera, Infrared camera, Thermal camera), by Vehicle type (Passengers car, Commercial vehicles), by Application type (Lane Departure, Warning, Blind Spot Detection, Adaptive Cruise Control, Park Assist System, Pedestrian Detection, Night vision, Road Sign Recognition, Driver Monitoring), by Regions and Global Market Forecast 2022-2028

Report Id: SNS/AUTO/1037 | May 2022 | Region: Global | 130 Pages

Report Scope & Overview:

Automotive Camera Market Size was valued at USD 7.17 billion in 2021 and is expected to reach USD 14.06 billion by 2028, and grow at a CAGR of 10.1% over the forecast period 2022-2028.

The market is divided into four categories: camera type, vehicle type, application, and geography. Passengers automobiles and commercial vehicles are among the vehicle types available. During the anticipated period, the market for sensing cameras is expected to rise at a quicker rate. This could be attributed to the cameras' broader range of applications in advanced driver assistance systems. The passenger car camera market dominated the broader automotive market.

Automotive Camera Market Revenue Graph

For safety reasons, automotive cameras can be put on the front and rear sides of a car, as well as within it. Externally mounted cameras aid in keeping a safe distance from leading vehicles, detecting and avoiding pedestrians, and tracking road margins. Furthermore, vehicle cameras improve the driver's back and front views and provide a better driving experience.

MARKET DYNAMICS:

KEY DRIVERS: 

  • The high demand for the product, particularly in passenger cars, is likely to boost industry size.

  • The rising use of complementary metal-oxide-semiconductor (CMOS) image sensors in-vehicle cameras is driving market expansion.

  • The government's increased attention on road safety is projected to stimulate industry expansion.

RESTRAINTS: 

  • The increased overall cost of vehicles as a result of upgraded safety measures may stifle the multi-camera system market's growth.

  • If the system's cameras are broken, the consumer would have to replace the entire multi-camera system, which will be quite expensive.

OPPORTUNITIES: 

  • The growing popularity of these semi-autonomous functions opens up a huge market for automobile cameras.

  • Due to the developing trend, camera systems that can deliver a variety of advanced features have a lucrative market.       

CHALLENGES: 

  • Rising car prices, along with high design and testing expenses, are likely to provide a significant impediment to market expansion.

  • The multi-camera system has a hard time separating different perspectives from many camera inputs & displaying them in real-time.

  • Combining & converting the data into a single image has a high risk of degrading the quality of the image.

IMPACT OF COVID-19:

The COVID-19 pandemic is not predicted to have an impact on the extraction of metals like steel, copper, and aluminium. Despite trade restrictions in effect for the first six months of 2020, key extractors in China continued to extract raw materials. Raw material prices, such as copper, will continue to grow, with the price of copper surpassing USD 10,000 per ton for the first time in ten years in May 2021.

The global automotive sector has been severely impacted by the COVID-19 pandemic. This can be seen in the supply chain disruptions of Chinese part exports, large-scale production outages across Europe, and assembly plant closures in the United States and other important countries like India and Brazil.

KEY PLAYERS:

Continental (Germany), Robert Bosch (Germany), Valeo (France), Aptiv (Ireland), ADA-ES Inc. (U.S.), Allied Vision Technologies (Germany), Balluf (Germany), Basler AG (Germany), Autoliv, Inc (Sweden), Delhi Automotive PLC (U.K.), Denso Corporation (Japan),  TRW Automotive (U.S.) and Magna (Ireland) dominate the global automotive camera market (Canada).

These businesses have global distribution networks that are secure. These companies also sell a variety of automobile cameras. New product creation, collaborations, and contracts and agreements are the main techniques used by these corporations to maintain their market position.

MARKET ESTIMATION: 

By Camera type:

  • Digital camera

  • Infrared camera

  • Thermal camera

By Vehicle type:

  • Passengers car

  • Commercial vehicles

By Application type:

  • Lane Departure Warning

  • Blind Spot Detection

  • Adaptive Cruise Control

  • Park Assist System

  • Pedestrian Detection

  • Night vision

  • Road Sign Recognition

  • Driver Monitoring

Automotive Camera Market Segment Chart

REGIONAL ANALYSIS:

An automotive camera is a safety camera fitted on the front, back, or interior of a car. Because of its high-speed connectivity, North America is expected to dominate the industry. Europe is another important market for products, and the installation of safety technology in passenger automobiles in Germany, the United Kingdom, France, and Italy will rise dramatically.

In light of growing industrialization and rising vehicle manufacturing, Asia Pacific will see significant growth, particularly in China, India, Japan, Thailand, Malaysia, and South Korea. Furthermore, increased disposable income and a good standard of living among customers will drive the car camera industry forward.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • South Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America


Frequently Asked Questions (FAQ) :


Table of Contents

 

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of Ukraine-Russia War

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7.  PEST Analysis

 

8. Global Automotive camera Market Segmentation, by type

8.1 Air Disc Brake

8.2 Air Drum Brake

 

9. Global Automotive camera Market Segmentation, by Component

9.1 Compressor

9.2 Governor

9.3 Foot valve

9.4 Air dryer

9.5 Brake chamber

9.6 Slack adjuster

9.7 Tank

9.8 Others

 

10. Global Automotive camera Market Segmentation, by Vehicle type

10.1 Trucks

10.2 Bus

10.3 Rolling Stock

 

11. Regional Analysis

11.1 Introduction

11.2 North America

11.2.1 USA

11.2.2  Canada

11.2.3  Mexico

11.3 Europe

11.3.1  Germany

11.3.2  UK

11.3.3  France

11.3.4  Italy

11.3.5  Spain

11.3.6  The Netherlands

11.3.7  Rest of Europe

11.4 Asia-Pacific

11.4.1  Japan

11.4.2  South Korea

11.4.3  China

11.4.4  India

11.4.5  Australia

11.4.6  Rest of Asia-Pacific

11.5 The Middle East & Africa

11.5.1  Israel

11.5.2  UAE

11.5.3  South Africa

11.5.4  Rest

11.6 Latin America

11.6.1  Brazil

11.6.2  Argentina

11.6.3  Rest of Latin America

 

12. Company Profiles

12.1 Continental (Germany)

12.1.1 Financial

12.1.2 Products/ Services Offered

12.1.3 SWOT Analysis

12.1.4 The SNS view

12.2 Robert Bosch (Germany)

12.3 Valeo (France)

12.4 Aptiv (Ireland)

12.5 ADA-ES Inc. (U.S.)

12.6 Allied Vision Technologies (Germany)

12.7 Balluf (Germany)

12.8 Basler AG (Germany)

12.9 Autoliv, Inc (Sweden)

12.10 Delhi Automotive PLC (U.K.)

12.11 Denso Corporation (Japan)

12.12 TRW Automotive (U.S.)

12.13 Magna (Ireland)

 

13. Competitive Landscape

13.1 Competitive Benchmarking

13.2 Market Share analysis

13.3 Recent Developments

 

14. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of a good and accurate research report and selecting the best methodology to complete the research is the toughest part. Since the research reports, we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach a stage wherein we can provide our clients best and most accurate investment to output ratio.

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The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research as the name suggests is a research process wherein, we collect data through readily available information. In this process, we use various paid and unpaid databases to which our team has access and gather data through the same. This includes examining listed companies’ annual reports, Journals, SEC filling, etc. Apart from this, our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various universities as well as individual libraries.

Secondary Research

Step 2: Primary Research

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Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply sides of the industry to make sure we land an accurate judgment and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses, and observation of on-field participants. The below-mentioned chart should give a better understanding of part 1 of the primary interview.

Part 2: In this part of the primary research the data collected via secondary research and part 1 of the primary research is validated with the interviews with individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

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