03 April 2019
Visiongain’s new report the Automotive Camera & Camera Module Market 2019-2029 : Forecasts by Type (Camera & Camera Module), by Vehicle Type (Passenger Vehicle, Light Commercial Vehicle, Heavy Commercial Vehicle), by Component (Image Sensors, Lens Module, Others), by Application (Park Assist (PA), Lane Departure Warning (LDW), Adaptive Cruise Control (ACC), Autonomous Emergency Braking (AEB), Blind Spot Detection (BSD), Others), by Region Plus Analysis of Leading Companies Developing Advanced Driver Assistance Systems (ADAS) & Autonomous Technologies indicates that the global Automotive Camera & Camera Module market will reach $10,717m in 2019.
The lead analyst of the report said: "Future cars could well be mirrorless and completely based on cameras and AI technology for navigation. For instance, Mitsubishi, announced in January 2018 that it has developed the automotive industry’s highest performing automotive camera technology. The cameras incorporated in the vehicle can detect objects up to 100 metres away. In addition, the technology has increased the object detection accuracy from 14% to 81%. Moreover, the automotive cameras are expected to significantly curb the number of traffic accidents."
The automotive camera market holds high potential for the automotive industry. The current business scenario is witnessing an increase in the demand for automotive cameras, particularly in the developing regions, such as China, India, and others. Companies in this industry are adopting various innovative techniques to provide customers with advanced and innovative product offerings.
Among the geographical regions, North America exhibits the highest adoption of automotive cameras. On the other hand, Asia-Pacific is expected to grow at a faster pace, predicting lucrative growth.
The 161 page report contains 136 tables, charts and graphs that add visual analysis in order to explain developing trends within the Automotive Camera & Camera Module market. Visiongain provides Automotive Camera & Camera Module forecasts for the period 2019-2029 for the 3 leading Automotive Camera & Camera Module submarkets, namely Type (Camera & Camera Module), Vehicle Type (Passenger Vehicle, Light Commercial Vehicle, Heavy Commercial Vehicle), Component (Image Sensors, Lens Module, Others), Application (Park assist system, Lane departure warning system, Adaptive cruise control system, Autonomous emergency braking system, Blind spot detection, Others)
The Automotive Camera & Camera Module report offers market forecasts and analysis for 4 regional markets and 11 leading countries. In addition, the report contains a dedicated leading companies’ chapter covering 10 companies leading the field in Automotive Camera & Camera Modules including Automation Engineering Inc. (Mycronic AB), Aptiv PLC (Delphi Automotive PLC), Autoliv, Inc., Continental AG, Magna International Inc., Mobileye N.V., Omnivision Technologies, Inc., Robert Bosch GmbH, Stonkam Co., Ltd. and Valeo.
The Automotive Camera & Camera Module Market 2019-2029 report will be of value to anyone who wants to better understand the Automotive Camera & Camera Module market and its various segments. It will be useful for businesses who wish to better comprehend the part of the market they are already involved in, or those wishing to enter or expand into a different regional or technical part of the Automotive Camera & Camera Module industry.
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