Global Automotive Camera Module Market growing at a CAGR of 13.8% from 2023 to 2030
Category : Automotive Services | Published Date : Jun 2023
Key Market Overview
The global automotive camera module market was valued at USD 3,076.44 Million in 2022. The market is expected to register a compound annual growth rate of 13.8% and is anticipated to reach USD 8,498.90 Million in 2030.
The report highlights the rising technological advancements for the improvement of safety system as key factor driving the adoption of automotive camera module. Consegic Business Intelligence provides an inclusive research report on the automotive camera module market that evaluates multiple factors, such as market size, value, supply chain, regulatory environment, and trends.
Global Automotive Camera Module Market By Overview
The report analyses significant segments type, module type, vehicle type, distribution channel, application, and region, to identify emerging trends and potential opportunities. The type segment is expected to grow due to the increasing demand for single view camera and multi view camera in automotive industry. The increasing demand for advanced safety system to provide early warning is accelerating the growth of this segment. Moreover, the increasing adoption of luxury cars is propelling the growth of the market.
Get Free SampleMarket Dynamics
Driver:
- Increasing technological developments for improvement of vehicle safety systems are driving the growth of automotive camera module market.
- Increasing adoption of luxury cars is propelling the market growth.
Restraints:
- The fluctuating raw material prices are restraining the market growth.
Market Segmentation:
| Report Attributes | Report Details |
| By Type | Single View Camera and Multi View Camera |
| By Module Type | Thermal, Infrared, and Digital |
| By Vehicle Type | Passenger Cars, Commercial Vehicles, and Electric Vehicles |
| By Distribution Channel | OEM and Aftermarket |
| By Application | ADAS, Parking Assistance, Blind Spot Detection, Emergency Braking, Lane Departure Warning, and Others |
| By Region | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Competitive Landscape :
The global automotive camera module market is highly competitive due to the presence of major players such as Continental AG, Delphi Automotive PLC, Garmin Ltd., Ficosa Internacional SA, and Hyundai Mobis Co., operating in the global market. The market players are adopting new ways through product innovations, mergers and acquisitions, and business strategies to remain hold strong market position. Thus, evolving research and developments in automotive camera module are expected to help market players adopt innovative ways of product creation to cater to the growing needs of various industries.
- Continental AG
- Delphi Automotive PLC
- Garmin Ltd.
- Ficosa Internacional SA
- Hyundai Mobis Co., Ltd.
- Intel Corporation
- IRay Technology Co., Ltd.
- Jabil Optics
- Magna International Inc.
- Mobileye
- Nippon Chemi-Con Corporation
- Robert Bosch GMBH
- STMicroelectronics
- STONKAM CO., LTD.
- Valeo
- Veoneer HoldCo, LLC.
- ZF Friedrichshafen AG
- Zhejiang Dali Technology Co., Ltd.