Automotive Camera Market

Market Leaders - Automotive Camera Market

The automotive camera market is projected to grow from USD 6.8 billion in 2020 to USD 12.2 billion by 2025, at a CAGR of 12.4% during the forecast period. Government initiatives related to vehicle safety features are expected to drive the growth of the automotive camera market.

Some of the key players in the automotive camera market are Continental (Germany), Robert Bosch (Germany), Valeo (France), Aptiv (UK), Magna (Canada), Autoliv (Sweden), and Intel (Mobileye) (US). New product developments, expansions, collaborations, and supply contracts are the key strategies adopted by these players to gain traction in the automotive camera market.

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Robert Bosch (Germany) is one of the leaders in the automotive market, owing to its strong distribution network at the global level, as well as its extensive automotive camera offerings. It offers driver assistance systems, multi camera system, rearview system, mono camera, stereo camera, and multi-purpose camera. Substantial investments in the expansion of camera solutions would help the company further expand its footprint in the automotive camera market. In September 2019, Bosch developed an AI camera for an advanced driver assistance system (ADAS). The combination of its unique multi-path approach and artificial intelligence (AI) based object recognition will make surround sensing far more reliable and offer superior road safety Bosch aims to be the market leader, and the measure of all things in camera technology.

Continental AG (Germany) is another leading automotive camera manufacturer. Its solutions include Advanced Driver Assistance Systems, cameras, mono camera, stereo camera, multi-function camera with Lidar, surround view camera, rear view camera, and mirror view camera. The company provides customized solutions to its customers to stay competitive in the market. In October 2018, Continental developed a Virtual A-Pillar to help remove forward blind spots. The Continental Virtual A-Pillar tracks the driver’s movements using an interior camera mounted just above the steering wheel. At the same time, its Surround View camera, mounted on the vehicle’s exterior, feeds a live video of the vehicle’s external environment to the OLED displays embedded in the A-pillars.

Aptiv (UK) has positioned itself as a global player in the automotive camera market. The company provides intelligent forward view camera systems, Delphi integrated radar and camera system, Delphi intelligent forward view camera (200 series), and Delphi intelligent forward view camera (100 series). The company is focusing on expansion in the market. In 2019, Aptiv had set up the China Autonomous Mobility Center in Shanghai to expand its autonomous driving capabilities to the Chinese market. Such expansions by the company are expected to boost its radar range of products, including camera. In April 2019, Aptiv had set up the China Autonomous Mobility Center in Shanghai to expand its autonomous driving capabilities to the Chinese market. The center will focus on the development and application of the company’s L4 autonomous driving technology

Related Reports:

Automotive Camera Market by Application (ADAS, Park Assist), View Type (Single View, Multi-Camera), Technology (Thermal, Infrared & Digital), Level of Autonomy (L1, L2&3, L4, L5), Vehicle & Class, Electric Vehicle and Region - Global Forecast to 2025

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Report Code
AT 3856
RI Published ON
7/10/2020
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