Global Automotive Camera Market - Growth, Trends & Forecasts (2015-2020)

25 Jan, 2016, 01:24 ET from Research and Markets

DUBLIN, January 25, 2016 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/qmcqkm/global_automotive) has announced the addition of the "Global Automotive Camera Market - Growth, Trends, Forecasts (2015-2020)" report to their offering. 

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The global market for Automotive Camera is expected to grow to $11.2 billion by 2020 with an estimated CAGR of 21.34% over the forecasted period. 

Growing automotive safety systems, advancements in camera-based drive assistance sensors, growing aftermarket sales of parking cameras are some of the major factors driving the market of the global automotive cameras. However, higher cost of the module is a major hurdle for the market. 

These cameras in an automotive cost almost 8 times that to a module in a mobile phone camera, making it a challenge for the entry into the market. However, latest advancements in the camera technology and mass production of these units are expected to bring down the price drastically, creating a scope of venture in the sector. The number of units sold in expected to grow 5 times by 2020 compared to that in 2012 as such. 

The report is segmented by type, by application type, by vehicle type and by geography. The market for sensing cameras is expected to grow at a faster rate during the forecasted period. This could be accounted to the higher scope of application of these cameras in the advanced driver assistance systems.

The market for cameras in passenger cares dominated the overall automotive market. India and China emerging as automotive part manufacture hubs and suppliers for the western automakers is expected to drive the market for cameras in the Asia Pacific region at a higher CAGR over the coming 5 years. 

Key Topics Covered: 

1. Introduction

2. Executive Summary

3. Market Overview

4. Market Dynamics

5. Market Segmentation

6. Competitive Landscape

7. Company Profiles

  • Aisin Seiki Co., Ltd.
  • Ambarella
  • Audiovox Corporation
  • Autoliv Inc.
  • Continental AG
  • Delphi Automotive PLC
  • Denso Corporation
  • Hella KGaA Hueck & Co
  • INTEC Video Systems Inc.
  • McNex Co., Ltd.
  • Mobileye
  • OmniVision Technologies, Inc.
  • Panasonic Corporation
  • Robert Bosch GmbH
  • Samvardhana motherson (SMR)
  • Sony Corporation
  • TRW Automotive
  • Valeo S.A.

For more information visit http://www.researchandmarkets.com/research/qmcqkm/global_automotive

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