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SAN FRANCISCO, July 26, 2017 -- The major factors driving of the Global Automotive Cameras Market include increase in demand for sensing cameras in advanced driver assistance systems, huge requirement by passenger cars, and rise in demand for luxury vehicles. However, high cost of automotive cameras is expected to restrain the market growth. Furthermore, replacement of side-view mirrors with cameras would unfold attractive business opportunities for the market in the coming years. The global automotive cameras market is segmented into product, technology and application. The segmentations of product type include side-view cameras, interior-view cameras forward-view cameras and rear-view enhancement. The rear-view enhancement accounted for the largest market share in the global automotive cameras market by product, owing to its extensive usage during parking and reverse driving in 2016. The side view cameras are predicted to grow at the fastest CAGR during the forecast period.
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The technology segment encompasses mono cameras, stereo cameras, infrared cameras and others. By application the market is sub-segmented into blind spot, LDWS, night vision, parking surround view, parking, drowsiness, distance, AFS and others. In 2016, the stereo cameras dominated the technology segment with the maximum market share. Distance cameras are expected to reach the fastest growth rate in the overall application segment during the forecast period.
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Geographically, the market is categorized into North America, Europe, Asia-Pacific and Rest of the World (RoW). North America accounted for the largest market share of 35% owing to growth in demand of luxury vehicles in countries such as U.S., and Canada in 2016. Increased demand for installation of ADAS in commercial vehicles has also forced the growth of automotive cameras in the North American market. In 2016, Europe was the second largest market with a total market share of 33.3%. In terms of growth, Asia-Pacific is to achieve the fastest CAGR of 18.6% during the forecast period 2016-2024.
Market players have implemented various strategies to increase their market share and global presence. For instance, company such as Ambarella launched its A7LA automotive camera solution that enables full 30fps 1080p full HD single and dual view camera configuration. Autoliv Inc., Continental AG, Qrontech Co. Ltd., Ficosa International S.A., Transcend Information Inc., KYOCERA Corporation, Valeo Inc., Delphi Automotive LLP, Robert Bosch GmbH, and Media Data Systems Pte Ltd., among others are the major players in the market.
Table of Contents
Chapter 1. Prefix
1.1. Market Scope
1.2. Report Description
1.3. Research Methodology
1.3.1 Primary Research
1.3.2 Secondary Research
1.3.3 In-house Data Modeling
Chapter 2. Executive Summary
Chapter 3. Market Outline
3.1 Market Inclination, Trend, Outlook and Viewpoint
3.2 Market Share Analysis: Company’s Competitive Scenario
3.3 Value Chain Analysis
3.4 Market Dynamics
3.4.1 Drivers
3.4.1.1 Impact Analysis
3.4.2. Restraints
3.4.2.1 Impact Analysis
3.4.3 Opportunities
3.5 Porter’s five forces analysis
3.5.1 Factors Impact Analysis
Chapter 7. Company Profiles
7.1 H.Lundbeck, Merck & Co.
7.2 SK Biopharmaceuticals
7.3 Novartis
7.4 AstraZeneca
7.5 Forest Laboratories
7.6 Naurex
7.7 GlaxoSmithKline
7.8 Eli Lilly and Co.
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