Dublin, March 01, 2019 (GLOBE NEWSWIRE) -- The "Automotive Camera Market by Application (ADAS & Park Assist), View Type (Single View System & Multi-Camera System), Technology (Thermal, Infrared & Digital), Vehicle Type & Class, Electric Vehicle Type, and Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
The global automotive camera market is estimated to grow at a CAGR of 10.62% during the forecast period, from USD 7.5 billion in 2018 to USD 15.1 billion by 2025.
The automotive industry has witnessed a rapid evolution due to the continuous developments in engineering and technology. With increasing stringency of government mandates, the automotive industry has shifted focus from vehicle performance and efficiency to vehicle safety and convenience. Thus, the leading automotive players have enhanced their focus on driver assist system.
The term driver assistance system' is not just confined to vehicle safety. The scope has broadened to passenger, pedestrian, and overall road safety. The driver assist technology improves the driving experience, while enhancing vehicle and pedestrian safety. Thus, it has become an integral part of modern automobiles and is now adopted in passenger cars as well as commercial vehicles.
Various stakeholders of the automotive industry are focusing on research and development of electronic features to achieve the desired autonomous level and minimize driver interaction. Technological advancements and the advent of disruptive trends such as connected, autonomous, and electric vehicles have proliferated the demand for driver assist system in vehicles. The automotive camera is used for various applications in driving assistance functions such as park assist, autonomous emergency braking (AEB), and forward monitoring system. This camera can be used separately or with the combination of other ADAS sensors such as LIDAR, Radar, and ultrasonic sensors.
Some of the major players in the automotive camera market are Continental (Germany), Robert Bosch (Germany), Valeo (France), Aptiv (Ireland), and Magna (Canada). These players have long-term supply contracts with leading automotive manufacturers. These companies have adopted the strategies of new product developments, acquisitions, agreements, collaborations, expansions, joint ventures, partnerships, and supply contracts to gain traction in the automotive camera market. New product development and product enhancement was the most widely adopted strategy by major players in the global automotive camera market.
For instance, in October 2018, Continental developed a Virtual A-Pillar to help remove forward blind spots. The Continental Virtual A-Pillar tracks the drivers movements using an interior camera mounted just above the steering wheel. At the same time, Continentals Surround View camera, mounted on the vehicle's exterior, feeds a live video of the vehicle's external environment to the OLED displays embedded in the A-pillars.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Industry Trends
5.1 Technological Overview
5.1.1 Evolution Of Automotive Camera
5.1.2 Multi Camera Systems For Automotive
5.1.2.1 Functions Of Multi Camera Systems
5.1.2.2 2D And 3D Display
5.1.3 Camera Systems For Autonomous Vehicle And Truck Platooning
5.1.4 Automotive Camera Systems With Artificial Intelligence (Ai)
5.2 Regulatory Overview
5.3 Porter's Five Forces
6 Market Overview
6.1 Introduction
6.2 Market Dynamics
6.2.1 Drivers
6.2.1.1 Government Initiatives Related To Vehicle Safety Features In Economically-Advanced Countries
6.2.1.2 Increasing Consumer Demand For Active Safety Systems
6.2.2 Restraints
6.2.2.1 High Cost Of Implementation Of Multi Camera Systems
6.2.3 Opportunities
6.2.3.1 The Road To Autonomous Vehicles
6.2.3.2 High Growth Potential Of Multi Camera Systems In Emerging Markets
6.2.4 Challenges
6.2.4.1 Constraints In Real-Time Image Processing In Surround View Systems
7 Automotive Camera Market, By Application
7.1 Introduction
7.2 Park Assist
7.2.1 The Increasing Mandates Related To Back Up Camera Will Drive The Market For Automotive Camera For Park Assist Function
7.3 Adas
7.3.1 Europe Is Expected To Be The Largest Market For Automotive Cameras For Adas Application In 2018
8 Automotive Camera Market, By Technology
8.1 Introduction
8.2 Digital Camera
8.2.1 The Digital Camera Market In Asia Pacific Region Is Expected Grow At The Highest Cagr During The Forecast Period
8.3 Infrared Camera
8.3.1 The High Cost Of Infrared Cameras Is A Major Challenge For Oems To Incorporate This Technology In Economic And Mid-Priced Vehicles
8.4 Thermal Camera
8.4.1 Europe Is Estimated To Be The Largest Market For Thermal Camera Owing To A Large Number Of Luxury Vehicles In The Region
9 Automotive Camera Market, By View Type
9.1 Introduction
9.2 Single View System
9.2.1 Asia Pacific Market Is Estimated To Be The Largest Market For Single View System During The Forecast Period
9.3 Multi Camera System
9.3.1 Increasing Fitment Of Multi Camera System By Oems To Achieve Higher Euro Ncap Rating Is Driving The Multi Camera System Market
10 Automotive Camera Market, By Vehicle Type And Class
10.1 Introduction
10.2 Passenger Cars
10.2.1 Economic Vehicles
10.2.1.1 Asia Pacific Is Estimated To Be The Largest Automotive Camera Market For Economic Vehicles
10.2.2 Mid-Priced Vehicles
10.2.2.1 The Increasing Production Of Mid-Priced Vehicles With Advanced Safety Features Is Driving The Automotive Camera Market.
10.2.3 Luxury Vehicles
10.2.3.1 Use Of Modern Technologies In The European Luxury Vehicle Is Expected To Drive The Automotive Camera Market
10.3 Commercial Vehicles
10.3.1 Light Commercial Vehicles (Lcvs)
10.3.1.1 Increasing Sales Of Light Commercial Vehicles In North America Are Expected To Drive The Automotive Camera Market
10.3.2 Heavy Commercial Vehicles (Hcvs)
10.3.2.1 Increasing Government Concerns Over Road Safety Are The Key Driver For The Growth Of Heavy Commercial Vehicle Segment
11 Automotive Camera Market, By Electric Vehicle Type
11.1 Introduction
11.2 Battery Electric Vehicles (Bevs)
11.2.1 Adoption Of Strict Emissions Norms By The Governments Of Various Countries Is Expected To Drive The Battery Electric Vehicles (Bevs) Market
11.3 Hybrid Electric Vehicles (Hevs)
11.3.1 The Asia Pacific Market Is Estimated To Be The Largest Market For Hybrid Electric Vehicles (Hevs) In Automotive Camera Market
12 Automotive Camera Market, By Application & Region
13 Competitive Landscape
13.1 Overview
13.2 Market Ranking Analysis
13.3 Competitive Situation & Trends
13.3.1 New Product Developments
13.3.2 Expansions
13.3.3 Partnerships/Supply Contracts/Collaborations/Joint Ventures
13.3.4 Acquisitions/Agreements
13.4 Competitive Leadership Mapping
13.4.1 Visionary Leaders
13.4.2 Innovators
13.4.3 Dynamic Differentiators
13.4.4 Emerging Companies
14 Company Profiles
14.1 Robert Bosch
14.2 Continental
14.3 Aptiv
14.4 Valeo
14.5 Magna
14.6 Autoliv
14.7 Intel (Mobileye)
14.8 Ficosa
14.9 Clarion
14.10 Denso
14.11 Samvardhana Motherson Reflectec
14.12 Aei
14.13 Ambarella
14.14 Omnivision Technologies
14.15 Hitachi
14.16 Stonkam
14.17 Gentex Corporation
14.18 Kyocera Corporation
14.19 Samsung Electro Mechanics
14.20 Zf
14.21 Flir Systems
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