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Global Automotive Camera Module Market Research Report by P&S Inteligence

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P&S Intelligence published a new research report, titled, “Automotive Camera Module Market: Global Industry Analysis and Forecast till 2030, The global market is expected to register significant growth in the forecast period (2020–2030). The major drivers propelling the industry growth are the increasing demand for luxury vehicles and integration of advanced safety features, including advanced driver assistance system (ADAS) in vehicles. Another important factor predicted to fuel the growth of the industry is the use of the artificial intelligence (AI) technology in future mirrorless cars.

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Based on region, the automotive camera module market can be categorized into North America, Europe, Asia-Pacific (APAC), Latin America, Middle East, & Africa (LAMEA). North America is expected to lead the industry, due to the rising demand for luxury vehicles, coupled with the swift installation of ADAS in both, passenger cars and commercial vehicles. It would be followed by Europe, in terms of the market share, owing to the regulatory norms related to the installation of safety technologies, and driver assistance systems in vehicles, mainly in passenger cars.

The major strategies being adopted by the key players in the automotive camera and camera module market are partnerships, collaborations, mergers, and acquisitions. Automobile manufacturers are leveraging the expertise of their camera and camera module suppliers, to integrate such advanced and multi-purpose camera systems in the vehicles.

Some of the major players in the market are Hyundai Mobis Co. Ltd., OmniVision Technologies Inc., Magna International Inc., DENSO Corporation, Robert Bosch GmbH, Valeo SA, Clarion Co. Ltd., Autoliv Inc., and STONKAM Co. Ltd.

Automotive Camera Module Market Size Breakdown by Segment

Based on Application

Lane Departure Warning (LDW)
Park Assist (PA)
Adaptive Cruise Control (ACC)
Blind Spot Detection (BSD)
Autonomous Emergency Braking (AEB)
Based on Technology

Based on Vehicle Type

Passenger Vehicle
Commercial Vehicle

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