Report Id: SNS/AUTO/1204 | May 2022 | Region: Global | 130 Pages
Report Scope & Overview:
Automotive Camera Module Market Size was valued at USD 37.74 billion in 2021 and is expected to reach USD 78.74 billion by 2028 and grow at a CAGR of 11% over the forecast period 2022-2028.
Automotive cameras and camera modules are used to increase visibility and thereby improve drivability. These cameras are generally used to assist drivers with parking, vehicle performance evaluation, night vision, and capturing crucial vehicle data. Furthermore, they include powerful computer vision algorithms that extract relevant data from captured visuals to assist the driver with a number of tasks including parking, driving in low-light conditions, and others, and they also play a key role in advanced driver assistance systems (ADAS).
The lens, control electronics, actuators, and PCB make up the vehicle camera and camera module. The sensor converts the light from the lens into an electrical signal, which is then transformed into a digital signal via internal A/D. An automotive camera's goal is to enhance a driver's situational awareness and road safety. The cameras can detect, identify, and evaluate pedestrians, autos, bicycles, and other items. Furthermore, the camera enhances the overall driving experience while reducing the risk of an accident.
Reduced camera pricing.
In the automotive business, there is a growing demand for autonomous technologies.
The market for automotive camera modules is predicted to expand due to increased innovation.
Use and integration of new technologies into a range of businesses automotive cameras have become cheaper.
Camera module replacement is a time-consuming task that could stifle future business expansion.
The operational flaws in the cameras are another key stumbling block.
Device miniaturization leads to increased design complexity.
The rise in the usage of image sensors in enhanced medical imaging solutions.
Growth in the adoption of high-resolution cameras integrated with image sensors in mobile devices.
Development in the adoption of image cameras for automotive applications.
The adoption of new technologies is projected to boost the market's expansion.
Difficulty due to disruptions in end-use categories which resulted in a drop in the shipment volume of camera modules.
The camera industry's specs and configurations were also downgraded.
During the COVID-19 outbreak, the output of digital still cameras also fell dramatically.
IMPACT OF COVID-19:
COVID-19 has presented the globe with an unprecedented economic, humanitarian, and healthcare dilemma. Furthermore, because of the pandemic's rapid spread around the world, demand and supply chains for a number of commodities came to a halt due to a lack of transportation. Furthermore, practically all non-essential retail stores have been forced to close around the world, affecting sales of car cameras and camera modules. However, the automotive camera manufacturers' increased attention to developing revolutionary camera technologies throughout the pandemic is projected to fuel the growth of the automotive camera & camera module market in the near future.
KEY MARKET PLAYERS:
The automotive camera and camera module market is dominated by the following companies. Aptiv PLC, Omnivision Technologies Inc, Continental AG, DENSO Corporation, Veoneer Inc., Ficosa Internacional SA, Mobileye, Intel Corporation, Robert Bosch GmbH, Autoliv Inc, Magna International Inc., ZF Friedrichshafen AG, Hyundai Mobis Co., Ltd., Valeo, and AEI Inc.
Market, By Vehicle Type:
The market has been divided into two categories based on Vehicle type: Passenger cars and commercial cars. Due to the positive demand for passenger vehicles equipped with ADAS sensors as well as autonomous automobiles, the passenger vehicle division is predicted to have the biggest market share.
Market, By Technology:
The market has been divided into three categories based on technology: digital, infrared, and thermal. Due to the employment of such devices in night vision systems and their use in unfavorable weather situations such as fog and rain. Over the forecast period, the thermal camera section is expected to grow at the fastest rate. The infrared segment is also predicted to increase rapidly throughout the projection period, owing to the use of infrared camera technology in driverless vehicles.
Market, By Application:
Lane Departure Warning (LDW), Blind Spot Detection (BSD), Adaptive Cruise Control (ACC), Park Assist (PA), and Autonomous Emergency Braking (AEB) are among the market's applications. Park assist systems, which are currently installed in many vehicles, are expected to hold the largest market share. The use of LDW applications is increasing, and this category is likely to rise significantly throughout the forecast period.
Market, By Distribution Channel:
The market has been divided into two categories based on Distribution channels: OEM and Aftermarket. An original equipment manufacturer (OEM) develops systems or components for use in another company's final product. OEM components like processors and software are regularly included or integrated into computer manufacturers' systems.
By Vehicle type:
Lane Departure Warning (LDW)
Blind Spot Detection (BSD)
Adaptive Cruise Control (ACC)
Park Assist (PA)
Autonomous Emergency Braking (AEB)
By Distribution Channel:
The regional analysis of the worldwide automotive camera market is being researched for Asia Pacific, North America, Europe, and the Rest of the World. 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.
In 2020, the European market held a major part of the market and is predicted to develop at the fastest CAGR in the coming years. This is primarily due to product manufacturers' substantial presence in Germany, the United Kingdom, France, and Ireland. In addition, the region is an automotive hub with high-end passenger car manufacturing, which propels regional market expansion even further.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
|Market Size in 2021||US$ 37.74 Billion|
|Market Size by 2028||US$ 78.74 Billion|
|CAGR||CAGR of 11% From 2022 to 2028|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• by Vehicle Type (Passenger car, Commercial vehicle)
• By Technology (Digital, Infrared, Thermal)
• by Application (Lane Departure Warning (LDW), Blind Spot Detection (BSD), Adaptive Cruise Control (ACC), Park Assist (PA), Autonomous Emergency Braking (AEB))
• by Distribution Channel (OEM, Aftermarket)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, 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)
|Company Profiles||Aptiv PLC, Omnivision Technologies Inc, Continental AG, DENSO Corporation, Veoneer Inc., Ficosa Internacional SA, Mobileye, Intel Corporation, Robert Bosch GmbH, Autoliv Inc, Magna International Inc., ZF Friedrichshafen AG, Hyundai Mobis Co., Ltd., Valeo, and AEI Inc.|
|Key Drivers||•Reduced camera pricing.
•In the automotive business, there is a growing demand for autonomous technologies.
|RESTRAINTS||•Camera module replacement is a time-consuming task that could stifle future business expansion.
•The operational flaws in the cameras are another key stumbling block.
Frequently Asked Questions (FAQ) :
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of the Ukraine-Russia War
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Global Automotive Camera Module Market Segmentation, by Vehicle type
8.1 Passenger car
8.2 Commercial vehicle
9. Global Automotive Camera Module Market Segmentation, by Technology
10. Global Automotive Camera Module Market Segmentation, by Application
10.1 Lane Departure Warning (LDW)
10.2 Blind Spot Detection (BSD)
10.3 Adaptive Cruise Control (ACC)
10.4 Park Assist (PA)
10.5 Autonomous Emergency Braking (AEB)
11. Global Automotive Camera Module Market Segmentation, by Distribution Channel
12. Regional Analysis
12.2 North America
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4.2 South Korea
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.3 South Africa
12.6 Latin America
12.6.3 Rest of Latin America
13.1 Continental AG (Germany)
13.1.2 Products/ Services Offered
13.1.3 SWOT Analysis
13.1.4 The SNS view
13.2 Aptiv PLC
13.3 Omnivision Technologies Inc
13.4 DENSO Corporation
13.5 Veoneer Inc.
13.6 Ficosa Internacional SA
13.8 Intel Corporation
13.9 Robert Bosch GmbH
13.10 Autoliv Inc
13.11 Magna International Inc.
13.12 ZF Friedrichshafen AG
13.13 Hyundai Mobis Co., Ltd.
13.15 AEI Inc.
14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Market Share analysis
14.3 Recent Developments
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