Global Automated Camera Market by Application (Park assist system, Adaptive Cruise Control, Driver monitoring system, Blind spot detection, Night vision system and Others), by Technology( Infrared Camera, Thermal Camera and Digital Camera) and by Vehicle Type( PC, LCV and HCV)

Automated Camera Market is valued at 6.94 USD Billion in 2019 and expected to reach USD 13.62 Billion by 2026 with the CAGR of 10.11% over the forecast period.

Scope of the report

This report analyses the global market for Automated Camera. The report will enable the user to understand and gain insights into the current and forecast market situation. The market is comprehensively analyzed by geography to provide complete information on the global scenario. The qualitative and quantitative data provided in this study can help user understand which market segments are expected to grow at higher rates, factors affecting the market and key opportunity areas. The report also includes competitive landscape of key players in the industry along with emerging trends in the market.

Industry Overview

Automotive cameras are on-board systems meant to provide the highest video quality and HDR images, augment the internal and external scene visibility and enhance the global awareness of the surrounding environment. Majorly used to assist the driver for parking, manoeuvring and assess the vehicle performance, these camera systems play a crucial role in the most recent applications like Lane Departure Warning Systems, Forward Collision Warning System and Blind Spot Warning. Growing automotive industry, rising safety and security concerns, increase in road accidents and automation in the vehicles are some key factors accelerating the growth of global automotive camera market.

Key Players

Automation Engineering Inc., Aptiv PLC,valeo, Continental AG, Stonkam Co., Ltd., Mobileye N.V., Autoliv Inc., Robert Bosch GmbH,, Magna International Inc., OmniVision Technologies, and others

Above mentioned companies were scrutinized to assess competitive landscape of global automotive camera market. Report provides company profiles of each player. Each profile include company business overview, company governance, company product portfolio, company financials, business strategies, manufacturing locations and production facilities, company sale, production capacity, recent developments and strategic collaborations and partnerships, product launch, company segments, application diversification and company strength and weakness analysis.

Review period

Historic Period: 2016 to 2019

Forecast Period: 2020 to 2026

This Automotive camera market report provides insights on new trade regulations, import export analysis, industry value chain analysis, market size, consumption, production analysis, capacity analysis, regional and segment market share, product launches, product pipeline analysis, impact of Covid-19 on supply chain, key regions, untapped markets, patent analysis, product approvals, continuous innovations and developments in the market.

Regions

• North America: U.S., Canada and Rest of North America

• Europe: UK, France, Germany, Italy, Spain and Rest of Europe

• Asia Pacific: China, Japan, India, Australia and Southeast Asia and Rest of Asia Pacific

• Latin America: Brazil, Argentina and Rest of Latin America

• Middle East and Africa: Gulf Countries, Israel, Africa and Rest of Middle East and Africa

Market Segmentation

By Application Segment

• Park assist system

• Adaptive Cruise Control

• Driver monitoring system

• Blind spot detection

• Night vision system

• Others

By Technology Segment

• Infrared Camera

• Thermal Camera

• Digital Camera

By Vehicle Type Segment

• PC

• LCV

• HCV

Regional Insights

Global Automated Camera market in terms of revenue is dominated by North America followed by Europe. The rapid growth in the region was attributed to the growing demand for passenger vehicles, light commercial and heavy vehicles. Also implementation of stringent government regulations in the region is boosting the adoption of automotive cameras both in light and heavy commercial vehicles. Europe has witnessed significant growth in the last few years. The growth was mostly due to adoption of automotive cameras in the vehicles. The growth in the region is led by developed automotive industry in European countries. Vehicle manufacturing is a strategic industry in the Europe, where 19.2 million cars, vans, trucks and buses are manufactured per year. Automobile manufacturers in Europe operate 309 vehicle assembly and production plants in 27 countries.

Factors Affecting the Market

Safety is the most important factor in automotive industry and therefore highly regulated. Automobiles and car manufactures have to comply with a number of norms and regulations, whether local or international, in order to be accepted on the market. Several manufacturers are adopting automated cameras in their vehicles to increase safety and compliance of their portfolio. For instance, ZF camera manufacturer has developed the two lens camera for commercial truck. The camera is manufactured specifically to meet varying global regulatory compliance and delivers innovative functions such as traffic sign recognition, lane keeping assist and object and pedestrian detection to enable automatic emergency braking. However, high cost of automotive camera implementation is hampering the growth of market. Progress is being made on vehicle periphery sensing, the greatest challenge to overcome for autonomous driving. Automotive cameras can be embedded with advanced computer vision algorithms, for real Machine Vision systems, giving a disrupting contribute to the Advanced Driver Assistance Systems. These advancements are expected to offer lucrative opportunities in the forecast period.

Important Questions Answered by Global Automotive Camera Market Report

• Which is the largest and fastest-growing region

• What are the factors affecting growth of market

• What are Key trends and opportunity areas

• What are the major strategies adopted by leading market companies