Global Automotive Camera Sensor Market Overview:
The automotive camera is an on-board camera designed to capture high-quality video in order to improve driver safety. These cameras are primarily used to assist drivers with parking, evaluating vehicle performance, obtaining night vision, and gathering critical evidence. Camera-enabled systems for automatic emergency braking, self-driving, video mirror, rear view, and 360-degree surround view, and driver monitoring are examples. Camera sensors are widely used for surround mapping in automotive safety applications such as ADAS and fully autonomous vehicles. Camera sensors in automobiles are subjected to extreme conditions in terms of motion blur, noise, lighting, and other factors. These factors necessitate the use of dedicated algorithms to address all flaws, allowing the other algorithms on which they rely to maintain a consistent video feed regardless of outside lighting conditions, such as tunnels and indoor parking lots. Customer preferences for in-vehicle comfort and ease of operation are driving the digitalization of passenger vehicles. Touch screen infotainment and reverse parking cameras, which were previously only found in high-end vehicles, are now becoming more common in mass-produced vehicles.
- Stringent Government Regulations for Passenger and Pedestrian Safety
- Growing Awareness of New Car Assessment Program (NCAP)
- High Cost of the Cameras is Anticipated to Hamper the Growth of the Market
- Rising Consumer Awareness Regarding Automated Driver Assistance System (ADAS)
- Increase in Mandatory Regulation Regarding Rear View Camera Across the Globe
- Thermal resistance has Significant Impact on Camera Sensor Failure Rate
- Distance Between Lenses and the Sensitivity of the Sensor can Differ, Posing Difficulties for Automotive Camera Sensors Market
The demand for Automotive Camera Sensor is increasing. The industry is segmented, but it is predicted to grow as rise in road accidents and stringent government regulations, among other factors, drive the market forward. Businesses in this sector face global competition from market leaders who control a large share of the market. Companies are differentiating their products from competition by employing environmentally friendly materials and manufacturing techniques. The Leading Players are engaging in strategic global expansion to maintain their Market Position.
Some of the key players profiled in the report are Canon (Japan), Samsung Group (South Korea), Robert Bosch (Germany), OmniVision Technologies (United States), STMicroelectronics (Switzerland), Continental AG (Germany), MarkLines Co (Japan), Renesas Electronics (Dialog Semiconductor Plc) (Japan), 3M (United States), Jabil (United States) and Nidec Corporation (Japan). Additionally, following companies can also be profiled that are part of our coverage like Caruma Technologies (United States), Nauto, Inc. (United States) and TeraView (United Kingdom). Analyst at AMA Research see United States Vendors to retain maximum share of Global Automotive Camera Sensor market by 2026. Considering Market by Sensor Type, the sub-segment i.e. LiDAR will boost the Automotive Camera Sensor market. Considering Market by Technology, the sub-segment i.e. Mono-Vision System will boost the Automotive Camera Sensor market. Considering Market by Camera Type, the sub-segment i.e. Infrared Camera will boost the Automotive Camera Sensor market.
In July 2021 Samsung had announced the launch of ISOCELL Image Sensor. ISOCELL Auto 4AC is a 120-decibel (dB) high dynamic range (HDR) and LED flicker mitigation (LFM) automotive image sensor built primarily for high - resolution digital surround-view displays (SVM) or back camera (RVC) (1280 x 960). Samsung's new sensor is the company's first image solution designed specifically for automotive applications.
What Can be Explored with the Automotive Camera Sensor Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Automotive Camera Sensor Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Automotive Camera Sensor
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Automotive Camera Sensor market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Automotive Camera Sensor market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Venture and Capitalist, New entrants/investors, Raw Material Supplier, Analysts and Strategic Business Partners and End-use industries.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.
Frequently Asked Questions (FAQ):1. What is the growth rate predicted for the Global Automotive Camera Sensor Market?
The Automotive Camera Sensor market is expected to see a CAGR of % during projected year 2020 to 2026.
2. Who are the top performing companies in Automotive Camera Sensor Market?
Top performing companies in the Global Automotive Camera Sensor market are Canon (Japan), Samsung Group (South Korea), Robert Bosch (Germany), OmniVision Technologies (United States), STMicroelectronics (Switzerland), Continental AG (Germany), MarkLines Co (Japan), Renesas Electronics (Dialog Semiconductor Plc) (Japan), 3M (United States), Jabil (United States) and Nidec Corporation (Japan), to name a few.
3. What trending factors would impact Automotive Camera Sensor Market growth most?
"Emergence of MEMs and Image Sensors
" is seen as one of major influencing trends for Automotive Camera Sensor Market during projected period 2020-2026.