Global Automotive Camera Market - Growth, Trends, Forecasts (2017 - 2022)

Published - Feb 2017 | Category - Automobile & Transportation | No. of Pages - 154 | Published By - Mordor Intelligence

Report Highlights

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The global market for automotive cameras is expected to grow to USD 11.2 billion by 2020 with an estimated CAGR of over 21.34% during 2017-2022.

Ambarella recently launched its A7LA automotive camera solution that enables full 30fps 1080p full HD single and dual view camera configurations, supporting video recording through both the front and rear windshield or even inside the vehicle. This product in particular is a combination of wide dynamic range (WDR), smart auto-exposure and full-resolution oversampling, providing a superior image quality. TRW developed advanced camera solutions for safety systems such as forward collision warning (FCW), following distance indication (FDI) and lane departure warning (LDW).

Growing automotive safety systems, advancements in camera-based drive assistance sensors and growing aftermarket sales of parking cameras are some of the major factors driving the global market of automotive cameras. However, high cost of the module is a major hurdle for the market. These cameras in an automotive cost almost 8 times the module in a mobile phone camera, making it a challenge for entry into the market. However, latest advancements in the camera technology and mass production of these units are expected to bring down the price drastically, creating a scope of venture in the sector. The number of units sold is expected to grow 5 times by 2020 compared to that in 2012.

The market for sensing cameras is expected to grow at a fast rate during the forecasted period. This could be attributed to the higher scope of application of these cameras in the advanced driver assistance systems. The market for cameras in passenger cars dominated the overall automotive market. India and China are emerging as automotive part manufacture hubs and suppliers for the western automakers and this is expected to drive the market for cameras in the Asia-Pacific region to a higher CAGR over the coming 5 years.

The report is segmented by type, application type, vehicle type and geography.

Some of the key players in the market are:

Autoliv, Inc.
Delphi Automotive PLC
Denso Corporation
Robert Bosch GmbH
TRW Automotive
Valeo S.A.
What the Report Offers

This report on global automotive camera market analyzes the current market trends on a global and regional scale in detail.
This report offers the technical aspects and economic data of the market and its forecast for the next 5 years (2017 - 2022).
It also discusses the latest technologies in the automotive camera systems and modules that are under development and in the research pipeline.
This report provides a list of major players in the market and gives an in depth analyst perspective of what makes the products and strategies of these players stand out.
This report also offers an overview of the major suppliers in the market, giving an insight into potential partnerships.
 

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