Automotive Camera & Camera Module Market - Global Forecast to 2020 - U.S. Key Contributor to Market Growth

Nov 25, 2015, 04:15 ET from Research and Markets

DUBLIN, November 25, 2015 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/4zxslh/automotive_camera) has announced the addition of the "Automotive Camera & Camera Module Market - Global Forecast to 2020" report to their offering. 

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The automotive camera & camera module market in North America is projected to grow at the highest CAGR, by value, of 12.2% & 13.1% respectively from 2015 to 2020. This is mainly attributed to the growing influence of New Car Assessment Program with the increasing installation of ADAS in passenger cars and light commercial vehicles in the North American region. The region is also estimated to account for the largest market share, in terms of value, in 2015, with the U.S. being a key contributor to the growth of the automotive camera & camera module market. 

The automotive camera market is also categorized on the basis of off-highway vehicle type into loader, excavator, and articulate dump truck. The excavator segment is expected to lead the off-highway vehicle rear view camera market in 2015.

The global automotive camera market is projected to grow at a CAGR of 11% from USD 10.1 Billion in 2015 to USD 17 Billion by 2020. Whereas, the global automotive camera module market is projected to grow at a CAGR of 11.8% from USD 3.8 Billion in 2015 to USD 6.6 Billion by 2020. 

The automotive camera & camera module market is segmented on the basis of application type into LDW, ACC, BSD, NVS, DMS, PAS, PDS, and RSR. A vast majority of vehicles are equipped park assist system; therefore, this segment is estimated to account for the largest market share. However, the lane departure warning segment is projected to grow at the highest CAGR, by value, of 15.4% from 2015 to 2020. 

The automotive camera & camera module market has been further segmented by camera technology type into digital camera, thermal camera, and infrared camera. The digital camera market in terms of value is estimated to dominate the global automotive camera market in 2015. However, the infrared camera market in terms of value is projected to grow at the highest CAGR of 14% during the forecast period. 

Scope of the Report 

This research report categorizes the automotive camera & camera module market into the following segments and sub-segments: 

By Application Type:

  • Lane Departure Warning
  • Adaptive Cruise Control
  • Blind Spot Detection
  • Park Assist System
  • Night Vision
  • Pedestrian Detection
  • Road Sign Recognition
  • Driver Monitoring

By Vehicle Type:

  • Passenger Car
  • Commercial Vehicle

By Technology Type:

  • Digital Camera 
  • Thermal Camera 
  • Infrared Camera 

By Product Type:

  • Camera
  • Camera Module

By Off-Highway Vehicle Type 

  • Loader
  • Excavator
  • Articulate Dump Truck

By Region 

  • Europe
  • North America
  • Asia-Pacific
  • RoW

Companies Mentioned: 

  • AEI Inc.
  • Autoliv Inc.
  • Continental AG
  • Delphi Automotive PLC
  • Magna International Inc
  • Mobileye
  • Omnivision Technologies Inc.
  • Robert Bosch GmbH
  • Stonkam
  • Valeo

For more information visit http://www.researchandmarkets.com/research/4zxslh/automotive_camera


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SOURCE Research and Markets