South Korea Automotive Camera Market Share

Market Share of South Korea Automotive Camera Industry

The South Korean automotive camera market is dominated by various international and domestic players, such as Garmin Ltd, Panasonic Corporation, Continental AG, and Denso Corporation. Major players in the market are launching advanced camera technology to stay ahead of their competitors.

• In April 2023, IRay Technology Co. Ltd, a China-based automotive camera industry player, presented its innovative technologies and highlighted thermal camera imaging products in Hall C Booths G201&203 at COEX 3F, Seoul, Korea.
• In December 2022, LG Innotek Co. announced plans to showcase autonomous car parts such as camera modules for advanced driver-assistance system (ADAS) technology, sensor fusion solutions, light detection and ranging (LiDAR) solutions, and 5G-speed Wi-Fi combo modules that optimize connectivity between cars and smartphones.

South Korea Automotive Camera Market Leaders

1. Robert Bosch GmbH

2. Magna International Inc.

3. Garmin Ltd.

4. Continental AG

5. Panasonic Corporation

*Disclaimer: Major Players sorted in no particular order