Automotive Camera Market to Reach US$ 24.98 Bn by 2031, Finds TMR Study

Camera-based applications have proliferated in passenger vehicles, observed the analysts of TMR in an in-depth study, and will propel revenue growth for players in the automotive camera market. Thermal cameras are gathering traction among OEMs and vehicle manufacturers to advance autonomous driving features. Advancements in computer vision technologies have expanded the canvas for companies in the automotive camera market. Camera-based applications have proliferated in passenger vehicles,...

Camera-based applications have proliferated in passenger vehicles, observed the analysts of TMR in an in-depth study, and will propel revenue growth for players in the automotive camera market. Thermal cameras are gathering traction among OEMs and vehicle manufacturers to advance autonomous driving features. Advancements in computer vision technologies have expanded the canvas for companies in the automotive camera market.

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Key Findings of Automotive Camera Market Study

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Automotive Camera Market: Key Drivers

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Automotive Camera Market: Regional Growth dynamics

Asia Pacific held a major share of the global automotive camera market in 2020. The regional market has been generating steady revenues streams from the growing sales of vehicles equipped with ADAS features. Moreover, increased focus on safer driving experience pivots massive customer propositions for camera developers. Expansion of automobile production units in the emerging economies has catalyzed the revenue growth of the Asia Pacific automotive camera market.

Automotive Camera Market: Key Players

Prominent players in the automotive camera market are Valeo SA, Robert Bosch GmbH, Magna International Inc., Gentex Corporation, Ficosa International SA, DENSO Corporation, Continental AG, Aptiv, and Continental AG.

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Automotive Camera Market Segmentation 

Regions

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