Scope of the Study
Automotive compact camera module is used in vehicles for safety purposes due to the rising of the accident on the road. Increasing of new car assessment program in developing countries is major driving factor for the growth automotive compact camera module market. Supportive government actions and the increasing trend of installing advanced driver assistance systems (ADAS) in passenger cars have projected the growth of the automotive compact camera module market over the forecast period.
The market study is being classified by Type (Pixel Size More than 1080p, Pixel Size 720p to 1080p and Pixel Size Less than 720p), by Application (Lane Departure Warning System, Blind Spot Detection System, Forward Collision Warning System, Pedestrian Protection, Night Vision, Head-up Displays and Other) and major geographies with country level break-up.
Mobileye (Israel), LG Innotek (South Korea), Ambarella, Inc. (United States), Continental AG (Germany), Valeo (France), Aptiv PLC (Ireland), Autoliv Inc (Sweden), Ficosa International S.A. (Spain), Transcend Information, Inc. (Taiwan) and sharp Electronics Corporation (Japan) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are LITE-ON Technology Corporation (Taiwan).
Research Analyst at AMA predicts that Asian and European Vendors will contribute to the maximum growth of Global Automotive Compact Camera Module market throughout the predicted period.
Segment Analysis
AdvanceMarketAnalytics has segmented the market of Global Automotive Compact Camera Module market by Type, Application and Region.
On the basis of geography, the market of Automotive Compact Camera Module has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Demand from Automotive Market in Developed and Developing Economies
- Rising Demand for Advanced Front and Rear Mobile Cameras
- Increasing Number of Road Accidents Globally
Market Trend
- Integrated Automated Driving and Advanced Driver Assistance Systems in Automobile is Rising
Restraints
- High Cost Associated with Automotive Compact Camera Module
Opportunities
- Growing Investment in Technological Advancement and Development of the Compact Camera by the Manufacturers
Challenges
- High Maintenance Cost of Automotive Compact Camera Module
Key Target Audience
Electrical panel Manufacturers, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Other
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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