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Automotive Camera & Camera Module Market Analysis | 2021-2026
Automotive Camera & Camera Module Market Size, Share, Trends, Dynamics, Forecast, & Growth Analysis: 2021-2026
Automotive Camera & Camera Module Market, By Type (LDW, ACC, BSD, NVS, DMS, PAS, PDS, RSR), By Technology (Digital, Thermal, Infrared), By Vehicle Type (Passenger Cars, Commercial Vehicles) and Region—COVID-19 Impact Analysis and Forecast to 2026.
This market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the global automotive camera & camera module market. The historic years considered for the study are 2016-2019, the base year is 2020, the estimated year is 2021, and the forecast period is 2022-2026.
The automotive camera & camera module market was estimated at USD 1.4 billion in 2020 and is likely to grow at a CAGR of 21.5% during 2021-2026 to reach USD 4.4 billion in 2026.
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An automotive camera may be a camera installed at the rear side, front side, or inside a vehicle for safety purposes. Camera modules contain image sensors plus electronic components in a vehicle. Automotive cameras and camera modules help in the prevention of collisions, thus offering an enhanced driving experience and recording the driver’s inclination.
The rising influence of the new car assessment program (NCAP), growing demand for safety measures, and increasing demand for luxury vehicles are some of the key factors boosting the market growth. Benefits of automotive cameras, such as their assistance in blind spot detection, airbag control, nap prevention, lane & border detection, and parking, increase the product penetration. Advanced technologies such as 3D depth sensing, ultra-HD display technology, and infrared thermal technology further augment the industry's growth.
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Segmentations |
List of Sub-Segments |
Segments with High Growth Opportunity |
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Vehicle Type Analysis |
Passenger Cars, Commercial Vehicles |
The passenger cars segment held a significant market share in 2020 and is estimated to register a healthy CAGR during the forecast. |
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Regional Analysis |
North America, Europe, Asia-Pacific, and the Rest of the World |
European market accounted for a significant share in 2020 and is expected to grow at the highest CAGR in the following years. |
Based on vehicle type, the automotive camera & camera module market is categorized into compact passenger cars and commercial vehicles. The passenger cars segment held a significant market share in 2020 and is estimated to register a healthy CAGR during the forecast timeline. This is mainly attributed to the increasing adoption of automotive camera modules, installed in the front, rear, and inside of automobiles, to deliver safety to passengers, thereby bolstering the segment growth.
By region, the European market accounted for a significant share in 2020 and is expected to grow at the highest CAGR in the following years. This is mainly ascribed to the strong presence of product manufacturers in Germany, the UK, France, and Ireland. Also, the region is an automotive hub and is equipped with the manufacturing of high-end passenger cars, which further proliferates the regional market growth.
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Key players operating in the automotive camera & camera module market are:
Note: The above list does not necessarily include all the top players in the market.
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This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s automotive camera & camera module market realities and future market possibilities for the forecast period of 2021 to 2026. After a continuous interest in our automotive camera & camera module market report from the industry stakeholders, we have tried to further accentuate our research scope to the automotive camera & camera module market to provide the most crystal-clear picture of the market. The report segments and analyses the market in the most detailed manner to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:
This report studies the market, covering a period of 12 years of trends and forecasts. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.
The automotive camera & camera module market is segmented into the following categories:
By Type
By Technology Type
By Vehicle Type
By Region
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Competitive Benchmarking
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Additionally, many critical insights, including market dynamics, competitive intelligence, and industry-specific trends, are not publicly available and therefore cannot be captured through AI alone.
An automotive camera may be a camera installed at the rear side, front side, or inside a vehicle for safety purposes. Camera modules contain image sensors plus electronic components in a vehicle. Automotive cameras and camera modules help in the prevention of collisions, thus offering an enhanced driving experience and recording the driver’s inclination.
The automotive camera & camera module market was estimated at USD 1.4 billion in 2020.
The forecasted value of the automotive camera & camera module market is expected to be USD 4.4 billion in 2026.
The automotive camera & camera module market is likely to grow at a CAGR of 21.5% during 2021-2026.
Robert Bosch GmbH (Germany), Delphi Automotive PLC (Ireland), Valeo (France), Mobileye (Is-rael), Autoliv Inc. (Sweden), Continental AG (Germany), Omnivision Technologies Inc. (US), Magna International Inc. (Canada), AEI Inc. (US), and Stonkam (China) are among the key players in the market.
The passenger cars segment is expected to register a healthy CAGR in the market in the coming years.
Europe is expected to grow at the highest CAGR in the market in the next five years.
The rising influence of the new car assessment program (NCAP), growing demand for safety measures, and increasing demand for luxury vehicles are some of the key factors boosting the market growth. Benefits of automotive cameras, such as their assistance in blind spot detection, airbag control, nap prevention, lane & border detection, and parking, increase the product penetration. Advanced technologies such as 3D depth sensing, ultra-HD display technology, and infrared thermal technology further augment the industry's growth.
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