Demand for Thermal Cameras Grow During Forecast Period
In terms of technology, the global vehicle cameras market has been split into digital cameras, infrared cameras, and thermal cameras. The thermal camera segment held a major share of 37.12% of the market in 2021. It is expected to maintain its position in the market and grow at a growth rate of more than 9.56% during the forecast period, owing to the application of such devices in night vision systems and usefulness in adverse weather conditions, such as fog and rain. Furthermore, the need for detecting pedestrians and wide life even in no-light areas to avoid collisions is expected to increase in the adoption of thermal cameras. Followed by the thermal camera segment, the infrared camera segment is also estimated to grow at a significant pace during the forecast period owing to the increasing need for detecting obstacles even from a long range. In addition, the increasing need to detect objects that produce heat such as automobiles, animals, and people, without lights or headlights is expected to increase in demand for infrared cameras. The vision positioning system is used for locating the position of automated devices by thermal cameras and sensors.
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The vehicle camera is intentionally designed to capture the highest quality images and videos to enhance driver safety. It is integrated with advanced technology, such as computer vision algorithms, which, in response, can extract important data that can be useful for driver assistance. It is extensively utilized in advanced driver assistance systems (ADAS). It helps the driver park his vehicle with ease. A dashboard camera, also known as a car digital video recorder, driving recorder, or event data recorder (EDR), is an onboard camera that continuously records the view through a vehicle’s front windscreen and sometimes rear or other windows. Externally mounted cameras help the driver maintain a safe distance from the leading vehicles, identify pedestrians and avoid them, and track road edges. They also provide enhanced night vision using HUD. Internally mounted automotive camera & camera module system detect drowsy drivers and set off an alarm and identify the occupant on the passenger seat for the proper deployment of an airbag.
Vehicle Camera Cleaning System Removes Dust from Camera, Offers Clear View to Drivers
Every year, the lives of approximately 1.3 million people are lost due to road traffic crashes. Between 20 and 50 million more people suffer non-fatal injuries, with many incurring a disability as a result of their injury. In most of cases, the driver of the vehicle is at high risk. Taking into consideration the safety of drivers, several safety measures have been implemented by the automobile industry. Installation of a camera cleaning system in automobiles is one of these steps for safety of the drivers. Regular use of passenger and commercial vehicles leads to the deposition of dirt or snow on the camera and consequently, reduced visibility. This disturbs the front and rear view of the car and hence, the driver of car is prone to accidents. The vehicle camera cleaning system cleans the camera periodically. These systems also protect the camera from dust, water, etc., and provide the driver with a clear view of the front and rear of the vehicle. Hence, this automotive safety system ensures the safety of the driver.
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For Instance, MS FOSTER & ASSOCIATES, INC. has developed a CAMWASH VEHICLE CAMERA WASHING SYSTEM for commercial and passenger vehicles. Advances in technology have led to the installation of several types of sensors in vehicles. Furthermore, an increase in demand for safety has led to the development of camera-dependent systems including lane assist systems, ADAS, and parking assist systems. These sensors and camera lenses need to be cleaned and kept free of dirt, ice, and snow in order to function properly and provide a clear view of the road ahead, which can be achieved by the CAMWASH system. Thus, increased emphasis on driver’s safety is anticipated to drive the vehicle cameras market during the forecast period.
Increase in Adoption of Advanced Cameras Integrated with Advanced Driver Assistance System
The increasing adoption of advanced cameras integrated with the advanced driver assistance system (ADAS) is expected to drive the market during the forecast period. For instance, cameras integrated with a driver monitoring system (DMS) detect the drowsy behavior of the driver. A combination of these components focuses on the driver’s driving pattern and facial expressions. If the driver’s driving pattern changes, the DMS sends a warning signal to the driver. Furthermore, if the driver doesn’t stop the vehicle, the DMS, along with adaptive cruise controls steers the vehicle away from the road and stops it automatically. Additionally, cameras integrated with the ADAS system are utilized in various applications such as lane keep assist, park assist, adaptive cruise control (ACC), etc. The global positioning system (GPS) is being employed to enable cars to navigate without human aid. The rising preference of consumers toward ADAS is also projected to boost the global vehicle cameras market during the forecast period.
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In terms of price, the global vehicle cameras market has been classified into affordable, mid-range, and high-end vehicle cameras. Among these, the mid-range vehicle cameras segment led the global vehicle cameras market, in terms of revenue share, in 2021. This was primarily due to the high return on investment provided by these cameras. Mid-range vehicle camera system provides numerous features, as compared to that offered by affordable cameras, and are cheaper than high-end cameras. This makes mid-range vehicle cameras highly preferred over high-end and affordable vehicle cameras. Affordable cameras are cheaper as compared to mid-range and high-end cameras. However, demand for affordable vehicle cameras is significantly low as they offer fewer features.
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