Regional Players Dominate the Market Comprising nearly 45% of Total Competitors despite the Presence of about 100 Competitors Comprising Global Players and Country-Niche Players find a recent market study on the Global Automotive Camera Market by Ken Research
The automotive camera is designed in a way to capture high-quality video to extend visibility which enhances the safety of the driver. These are the onboard camera that assists the driver with night vision, parking, assessing vehicle performance, and other purposes. The automotive camera is embedded with advanced computer vision algorithms, which play a crucial role in park assist, advanced driver assistance system (ADAS), and other applications.
Ken Research shares 3 key insights on the competitive landscape of this dynamic market from its latest research study.
Country-Niche players constitute ~40% of the Total Number of Competitors and hold ~25% of the Total Market Revenue
A comprehensive competitive analysis conducted during the Research Study found that the global automotive camera market is highly competitive with ~100 players which include globally diversified players, regional players as well as a large number of country-niche players who have their niche in the automotive camera market. The regional players comprise ~45% in terms of the number of companies and hold about 35% of the market share. Key players in the market are focused on product launches and offering value-added services to gain significant market share.
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Leading Players Expanded Production of Automotive Cameras
Detailed comparative analysis of key competitors available within the Research Study shows that key players such as Robert Bosch GmbH, OMNIVISION, and ZF Friedrichshafen AG among others are highly focused on offering value-added services. Furthermore, market players are engaged in strategic developments and are constantly expanding their production facilities to fulfill the demand of the end-users.
- In March 2020, BMW launched the 3 Series model line, the performance plug-in-hybrid 330e and 330e xDrive Sedans. The company’s new eDrive technology, safety, and advanced driver assist allow the new model to deliver an experience while lowering emissions and allowing for purely electric driving.
- In August 2019, Magna expanded a manufacturing center near Michigan. The manufacturing facility cost around US$ 50 million to increase production to cater to the demand for digital cameras of customers.
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Increased Government Initiatives Promote Automotive Camera Market Growth and Development
- In June 2022, the Bharat NCAP government proposed to implement vehicle safety rating and issued a draft to the union road and transport minister Nitin Gadkari. The minister of union road and transport approved the draft notification. The new initiative to improve the safety of drivers during the crash is expected to support the demand of the automotive camera market.
- The government of India and the Minister for Road Transport and Highways announced to mandate of Advanced Driver Assist Systems (ADAS) in all cars in India from 2022 onwards. The government initiatives support the automotive camera market.
Key Topics Covered in the Report: –
Snapshot of the Global Automotive Camera Market
Industry Value Chain and Ecosystem Analysis of the Automotive Camera Market
Market size and Segmentation of the Global Automotive Camera Market
Historic Growth of the Overall Global Automotive Camera Industry and Segments
Competition Scenario of the Automotive Camera Market and Key Developments of Competitors
Porter’s 5 Forces Analysis of the Global Automotive Camera Industry
Overview, Product Offerings, and Strategic Developments of Key Competitors
COVID-19 Impact on the Overall Global Automotive Camera Market
Future Market Forecast and Growth Rates of the Global Automotive Camera Market and by Segments
Market Size of Application/End-User Segments with historical CAGR and Future Forecasts
Analysis of the Automotive Camera Market in Major Regions
Major Production / Consumption Hubs in the Major Regions
Major Production/Supply and Consumption/Demand Hubs in Each Region
Major Country-wise Historic and Future Market Growth Rates of the Total Automotive Camera Market and Segments
Overview of Notable Emerging Competitor Companies within Each Major Region
Major Companies Mentioned in the Report
Garmin Ltd.
Panasonic Holdings Corporation
Continental AG
Autoliv
Robert Bosch GmbH
Magna International Inc.
OMNIVISION
ZF Friedrichshafen AG
Aptiv
STONKAM CO., LTD.
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Notable Emerging Companies Mentioned in the Report
Mobileye N.V.
Valeo
Canon
Zebronics
Renesas
Period Captured in the Report
Historical Period: 2017-2021
Forecast Period: 2022E-2028F
Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report
Automotive Camera Manufacturers
Manufacturers of Automotive Electronics systems
Manufacturers of Automotive Safety systems
Emerging and Startup Companies in Automotive Camera systems
Components Suppliers for Automotive Camera Systems
Automotive Market research and consulting firms
Organizations, forums, and alliances related to Automotive Safety
Automobile Original Equipment Manufacturers (OEMs)
Distributors, Suppliers, and Channel Partners of Automotive Electronics
Associations, organizations, forums and alliances related to automotive camera and safety systems
Government bodies such as regulating authorities and policy makers
Potential Entrants into Automotive Electronics
PE and VC Firms focused on Automotive Electronics Segment
Communications and IT Hardware Companies targeting Automotive Industry
Automotive Research & Consulting Firms
Research and Development Associations
Investment Banking & Financial Institutes
Research & Development Institutes for Automotive Sector
Automotive Camera Providers
Automotive Camera Suppliers
Investors in Automotive Camera Start-ups
Automotive Camera Distributors
Government Ministries and Departments of Transportation
Transport Industry Regulatory Bodies
For more insights on the market intelligence, refer to the link below: –
Global Automotive Camera Market Analysis
