The market is expected to grow at a CAGR of 23.25% during the forecast period. USA is expected to witness the highest share in the automotive camera market in North America. In terms of growth, the automotive camera market in this country would witness the highest growth rate, during the forecast period. Increasing demand for luxury cars in the country followed by the demand and increase in installation of safety and driver assistance systems in the light of the regulatory standards of NHTSA, and CAFÉ are expected to drive the automotive camera market in the country. The market would be driven by the significant demand of park assist systems and other advanced driver assistance systems.
The automotive camera market in US, in terms of volume, is projected to grow at the highest CAGR during the forecast period in North America, and the country is popularly known to be an automotive hub for the international OEMs. The growing production volume of light commercial vehicles and the growing influence of New Car Assessment Program (NCAP) mandate, would drive the demand for automotive camera market in the country. In terms of growth as well, the LDW camera module market is projected to grow at the highest rate in the country during the forecast period. The industry is characterised by significant machinery and equipment, which is used for researching, developing, manufacturing and testing new equipment. The other factors influencing the growth of camera market beside the introduction of stringent road safety regulations, would be the reducing prices of automotive dashboard cameras and increasing awareness about the benefits of cameras as a part of automotive safety systems.
Automotive Camera have evolved significantly to integrate with the other safety systems of the vehicles, and assist the driver in driving. For instance, the ZF TRW's lane departure warning system uses video camera technology, are integrated with electrically powered steering to enable quick feedback for active lane keeping assistance. The video camera detects when the vehicle is drifting toward the lane markings and the electric steering provides the driver with guidance through the steering wheel to stay in the lane.
Multi lens camera segment is also expected to see a significantly fast growth through the forecast period. Multi lens/dual channel dashboard camera use two camera modules in which one camera is equipped outward to record incidents in front of the vehicle and another to record interior of the vehicle. These camera modules are used for security applications when the vehicle is parked as it records video evidence of theft and hit and run accidents. These cameras are gaining more popularity among private and commercial vehicle owners. The mandatory regulation in the U.S. to install rear view camera in new cars and lightweight vehicles is increasing the demand for rear view multi-lens cameras.
The market has been segmented based on the vision technology type, by application type, and by vehicle type. The market for parking assistance systems would lead the automotive camera market by application type in the region. The automotive sensing camera are expected to specifically gain profit during the forecast period, in the automotive camera by vision technology. The automotive manufacturers aim to increase their revenue by strategically manufacturing advanced automotive camera technology like that of pedestrian detection, automatic high-beam control and speed limit sign recognition systems.
What the Report Offers
1) Market Definition along with identification of key drivers and restraints for the market.
2) Market analysis with country specific assessments and competition analysis in the USA automotive camera market.
3) Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies, which can influence the market at the country level.
4) Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market shares.
5) Identification and analysis of the Macro and Micro factors that affect the industry in the country.
1.1 Research Methodology
1.2 Key findings of the study
1.3 Report Description
2. EXECUTIVE SUMMARY
3. MARKET OVERVIEW
3.2 New Developments in R&D/ Latest Technologies
4. MARKET DYNAMICS
4.4 Porter's Five Forces Analysis
5. MARKET SEGMENTATION
5.1 By Type (Growth, Innovations and Durability)
5.1.1 Drive Camera
18.104.22.168 Direct View
22.214.171.124 Around View
5.1.2 Sensing Camera
5.2 By Application Type (Market crackdown, trends and forecasts)
5.3 By Vehicle Type ( (Growth, Trends and Forecasts)
5.3.1 Passenger Cars
5.3.2 Light Commercial Vehicles
6. COMPETITIVE LANDSCAPE
6.1 Mergers & Acquisitions
6.2 Joint Ventures
6.3 New Product Launches
6.4 Most active companies in the past five years
6.5 Market Share Analysis
7. COMPANY PROFILES
7.1 Aei Boston
7.2 Aisin Seiki Co., Ltd.
7.3 Audiovox Corporation
7.4 Autoliv Inc.
7.5 Continental AG
7.6 Delphi Automotive PLC
7.7 Denso Corporation
7.8 Hella KGaA Hueck & Co
7.9 INTEC Video Systems Inc.
7.11 OmniVision Technologies, Inc.
7.12 Panasonic Corporation
7.13 Robert Bosch GmbH
7.14 Samvardhana motherson (SMR)
7.15 Sony Corporation
7.16 TRW Automotive
7.17 Valeo S.A.