Global Automotive Camera Market Size, Growth, Industry Trends | Emergen Research

评论 · 99 浏览

Rising demand for autonomous vehicles and increasing need for easy and convenient driving are some key factors supporting market revenue growth

Emergen Research has recently published a new report on the Global Automotive Camera market that offers key insights about the regional and global scope of the Automotive Camera market. It offers key details about the recent product launches, technological advancements, supply and demand ratio, and regulatory framework. The report also offers details about market size, market share, revenue growth, and CAGR during the forecast period of 2023-2032.

The global automotive camera market size reached USD 6.92 Billion in 2021 and is expected to register a revenue CAGR of 11.3% during the forecast period, according to latest analysis by Emergen Research. Rising demand for autonomous vehicles and increasing need for easy and convenient driving are expected to support market revenue growth between 2022 and 2030. In addition, implementation of rigorous road safety rules and regulations by governments of different countries is expected to drive revenue growth of the global market. Increasing number of vehicles on road is creating serious problems, such as traffic congestion and increase in road accidents. Therefore, governments of various countries are implementing stringent safety norms by mandating vehicle manufacturers and Original Equipment Manufacturers (OEMs) to integrate advanced safety technologies in vehicles to reduce road fatalities.

The European Union (EU) and the United States government have mandated to equip all vehicles from 2020 with autonomous emergency braking systems and forward collision warning systems to reduce road accidents, which is expected to increase demand for automotive cameras. In addition, in March 2019, the European Commission reached an interim agreement for revisions to the General Safety Regulation, which means new safety technologies will become mandatory in the region by 2022.

The global automotive camera market size reached USD 6.92 Billion in 2021 and is expected to register a revenue CAGR of 11.3% during the forecast period, according to latest analysis by Emergen Research. Rising demand for autonomous vehicles and increasing need for easy and convenient driving are expected to support market revenue growth between 2022 and 2030. In addition, implementation of rigorous road safety rules and regulations by governments of different countries is expected to drive revenue growth of the global market. Increasing number of vehicles on road is creating serious problems, such as traffic congestion and increase in road accidents. Therefore, governments of various countries are implementing stringent safety norms by mandating vehicle manufacturers and Original Equipment Manufacturers (OEMs) to integrate advanced safety technologies in vehicles to reduce road fatalities.

The report also offers key insights about top companies in the market along with a thorough SWOT analysis, Porter’s Five Forces analysis, and feasibility analysis to offer competitive edge to the readers. The report focuses on the recent trends, major challenges and opportunities, and limitations pertaining to the ongoing pandemic.

To know more about the report @ https://www.emergenresearch.com/industry-report/automotive-camera-market

The report also discusses the key players involved in the market such as Intel Corporation (Mobileye, Inc.), Robert Bosch GmbH, Denso Corporation, Continental AG, Magna International, Inc., Valeo S.A., TRW Automotive U.S. LLC, Aptiv Plc, Autoliv, Inc., and Garmin, Ltd and others as well as new entrants in the market. It focuses on the recent mergers acquisitions, joint ventures, collaborations, partnerships, licensing agreements, brand promotions, and product launches, among others. The report also provides details about the company overview, business expansion plans, product portfolio, manufacturing and production capacity, global market position, financial status, and consumer base.

Key insights presented in the report:

  • Market revenue shares by major business players, by type, by application, and market scope of global Automotive Camera market
  • Sales revenue by key players and new entrants
  • Competitive analysis of the key players including aspects such as company overview, product or services specification, vendors, and buyers.
  • Recent mergers, acquisitions, product launches, recent investments, and joint ventures
  • Regional analysis to provide insight to recent trends and opportunities

The competitive analysis also includes regional analysis of major geographical regions. The report covers regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. The report also offers a country wise analysis to impart better understanding of the global Automotive Camera market with regards to market share, market size, production and consumption ratio, product launches and RD activities, investment opportunities, and presence of key players in the region.

Get a sample of the report @ https://www.emergenresearch.com/request-sample/104

The report further segments the global Automotive Camera market on the basis of product types and applications and provides insights into key factors influencing the revenue growth of the segments.

  • Vehicle Type Outlook (Revenue, USD Billion; 2019–2030)

    • Passenger Vehicles
    • Commercial Vehicles
  • Technology Outlook (Revenue, USD Billion; 2019–2030)

    • Infrared Camera
    • Thermal Camera
    • Digital Camera
  • Application Outlook (Revenue, USD Billion; 2019–2030)

    • Park Assist System
    • Lane Departure Warning System (LDWS)
    • Adaptive Cruise Control (ACC) System
    • Driver Monitoring System
    • Autonomous Emergency Braking (AEB) System
    • Blind Spot Detection (BSD)
    • Others

The report focuses on current and future market growth, technological advancements, volume, raw materials, and profiles of the key companies involved in the market. The report provides valuable insights to the stakeholders, investors, product managers, marketing executives, and other industry professionals.

Request customization of the report @ https://www.emergenresearch.com/request-for-customization/104

Thank you for reading our report. Please get in touch with us if you have any query regarding the report or its customization. Our team will ensure the report is best suited to your needs.

 

评论