Automotive Camera Market Expected to Witness a Sustainable Growth Over 2031

New York, Global Automotive Camera Market from Global Insight Services is the only authoritative source for intelligence on the Automotive Camera Market . The report will provide you with an analysis of the impact of the latest market disruptions such as the Russo-Ukrainian War and Covid-19 on the market. The report provides a qualitative analysis of the market using various frameworks such as Porters Analysis and PESTLE. The report includes in-depth segmentation and market size data by categories, product types, applications, and geographic regions. The report also includes a comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as mergers and acquisitions activities in the market.

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An automotive camera is a type of camera that is typically used in vehicles for the purpose of recording images or videos. There are various types of automotive cameras available in the market, which can be used for different purposes such as recording traffic violations, capturing scenic beauty while driving, or recording any incidents that occur while driving.

Key Market Players

  • Automation Engineering Inc.
  • Aptiv PLC
  • Autoliv Inc.
  • Continental AG
  • OmniVision Technologies
  • Magna International Inc.
  • Mobileye N.V.

Key Trends 

Increasing demand for safety features: With the increasing number of accidents and fatalities on the road, the demand for safety features in vehicles is increasing. This is one of the major factors driving the growth of the automotive camera technology market.

Key Drivers

The global automotive camera market is expected to grow at a CAGR of around 9% during the forecast period. The increasing demand for advanced driver assistance systems (ADAS) and the rising demand for luxury vehicles are the key drivers for the market.ADAS are systems that help drivers in various tasks such as parking, lane changing, and collision avoidance. These systems use sensors and cameras to detect the surroundings of the vehicle and provide information to the driver. The increasing demand for safety features in vehicles is expected to drive the growth of the automotive camera market.

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Key Market Segments

By Technology

Thermal Camera

Digital Camera

Infrared Camera

By Vehicle Type

Passenger Vehicles

Commercial Vehicles

By Application

Park Assist System

Lane Departure Warning System

Adaptive Cruise Control System

Driver Monitoring System

Others

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