P&S Intelligence published a new research report, “Automotive Camera Market: Global Industry Analysis and Forecast till 2024, (With the growing dependence on video surveillance for safety purposes, the demand for vehicle cameras is expected to grow during the forecast period. The growth of the global vehicle camera market is driven by the constantly increasing population and advancements in complementary metal oxide semiconductor (CMOS) image sensors used in automotive cameras. The changing focus of manufacturers towards replacement of side view mirrors with cameras is another factor behind the growth of the global market. The demand for vehicle camera is also driven due to the various advantages offered by such cameras, especially when used in the case of accidents and theft evidence. Moreover, most automotive cameras are equipped with features, such as G-sensors, global positioning system (GPS), night video recording, and loop recording and high-quality day.).”
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The advancements in various driver assistance and safety systems especially in lane departure warning system (LDWS) and blind spot detection system (BSD) are driving the growth of the global vehicle camera market. The computer-vision-based blind spot detection system uses digital camera imaging technology to sense the presence of vehicles in blind zones, as cameras mounted on, or near the outside rear-view mirror housings on both sides of the vehicle provide views of the blind zones to the system. LDWS warns the driver of a lane departure, when the vehicle’s turn signal is not activated and the vehicle is travelling above a definite speed.
Autoliv Inc., Continental AG, Qrontech Co. Ltd., Ficosa International S.A., KYOCERA Corporation, Transcend Information Inc., Valeo Inc., Robert Bosch GmbH, Delphi Automotive LLP, Media Data Systems Pte Ltd. are some of the major competitors in the global vehicle camera market.
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This market research report provides a comprehensive overview of the Automotive Camera Market.
This study covers
- Historical and the present size of the automotive camera market
- Future potential of the market through its forecast for the period 2014-2024
- Major factors driving the market and their impact during the short, medium, and long terms
- Market restraints and their impact during the short, medium, and long terms
- Recent trends and evolving opportunities for the market participants
- Historical and the present size of the market segments and understand their comparative future potential