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Digital Cameras Estimated to Dominate the Global Automotive Camera Market

By technology type, the digital camera market, in terms of value, is estimated to dominate the global vehicle camera market in 2015. Digital cameras are commonly used in the application of ADAS systems such as LDW, ACC, PDS, RSR, PAS, and BDS. The global digital camera market in terms of value is projected to grow at a CAGR of almost 10% from 2015 to 2020. However, the infrared camera market, in terms of value, is projected to grow at the highest during the forecast period.

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Digital Cameras Estimated to Dominate the Global Automotive Camera Market

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  1. Vehicle Camera Market by Application (DMS, BSD, ACC, NVS, PAS), Product Type (Camera, Camera module), Technology (Infrared, digital, thermal), Vehicle Type, & by Region - Global Trends & Forecast to 2020 www.MarketsandMarkets.com

  2. Digital camera: Promising market for vehicle camera market By technology type, the digital camera market, in terms of value, is estimated to dominate the global vehicle camera market in 2015. Digital cameras are commonly used in the application of ADAS systems such as LDW, ACC, PDS, RSR, PAS, and BDS. The global digital camera market in terms of value is projected to grow at a CAGR of almost 10% from 2015 to 2020. However, the infrared camera market, in terms of value, is projected to grow at the highest during the forecast period. The vehicle camera market has been segmented on the basis of product type into camera and camera module. Vehicle cameras account for a higher market share than vehicle camera modules. This can be mainly attributed to the growing influence of New Car Assessment Program and increasing installation of ADAS in passenger cars and light commercial vehicles. PDF Brochure : https://www.marketsandmarkets.com/pdfdownload.asp?id=125124333

  3. The driver assistance systems are composed of various components and their configuration differs with type of assistance feature and technology used. Driver assistance systems involve electronic control unit, camera, camera module, and different sensors. Moreover, these control units are associated with different camera such as infrared camera, thermal camera, and digital camera. The driver assistance systems also involve Human-Machine Interface (HMI), which assist or alert the driver whenever required. All these components increase the cost of such systems. Request for Customization : https://www.marketsandmarkets.com/requestCustomization.asp?id=125124333

  4.  High-cost of ADAS, which makes products less competitive, is a restraint for market growth.The vehicle camera market has been segmented on the basis of applications into lane departure warning, adaptive cruise control, blind spot detection, pedestrian detection, park assist, driver monitoring, night vision, and road sign recognition systems. The lane departure warning segment is growing at the highest CAGR as compared to any other application, following the growing installation of lane departure warning systems in the passenger cars across the globe. However, the park assist segment is expected to account for the largest share, in terms of value, in the global vehicle camera market in 2015. Request Sample @ https://www.marketsandmarkets.com/requestsample.asp?id=125124333

  5. North America: Dominant market for vehicle camera North America accounted for majority of the market in the global vehicle camera market in 2015. OEMs in North America have been focused on the development of high technology ADAS application for vehicles to comply with NCAP and federal mandates. The North American vehicle camera module market, in terms of value, is projected to grow with a double digit CAGR during the forecast period. The European region has been segmented into Germany, France, the U.K., and Italy. Europe accounted for the second largest share in global vehicle camera market in 2015. The European vehicle camera module market is projected to grow at a double digit CAGR during the forecast period. The automotive industry in the Asia-Pacific has witnessed a year-on-year increase in sales. It is the leading producer of automobiles in the world. The Asia-Pacific vehicle camera market is third largest in the global market, by value, in 2015. This is mainly attributed to the production expansions made by automobile manufacturers to help them cope with rising consumer demand and to offer technologically advanced vehicles. Speak to analyst @ https://www.marketsandmarkets.com/speaktoanalyst.asp?id=125124333

  6. Market Ecosystem: The vehicle camera ecosystems consist of manufacturers including Robert Bosch (Germany), Continental AG (Germany), and Delphi Automotive PLC. (U.K.), research institutes such as the Automotive Research Association of India (ARAI), European automotive research partners association (EARPA), and the United States Council for Automotive Research (USCAR), and regional automobile associations such as China Association of Automobile Manufacturers (CAAM), Japan Automobile Manufacturers Association (JAMA), and European Automobile Manufacturers Association (ACEA) among others. Buy Now: https://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=125124333

  7. Browse >> 140market data tables 56figures 181 pagesand in-depth TOC "Vehicle Camera Market by Application (DMS, BSD, ACC, NVS, PAS), Product Type (Camera, Camera module), Technology (Infrared, digital, thermal), Vehicle Type, & by Region - Global Trends & Forecast to 2020“ Early buyers will receive 10% customization on this report. This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.

  8. Contact:Mr. Shelly SinghMarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com

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