The global automotive cameras market size is expected to touch USD 8.5 billion in 2026 - PowerPoint PPT Presentation

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The global automotive cameras market size is expected to touch USD 8.5 billion in 2026

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As per the recent Fortune Business Insights™ report, titled “Global Automotive Camera Market Size, Share & Industry Analysis, By Technology Type (Stereo, Monocular), By Application Type (Park Assist System, Lane Departure Warning System, Blind Spot Detection, Lane Keep Assist, Road Sign Assistance, Adaptive Cruise Control (ACC), Intelligent Headlight Control, Others), By Vehicle Type (Passenger Cars and Commercial Vehicles) and Regional Forecasts, 2019-2026”, the market size stood at USD 3.5 billion in 2018. The report additionally contains: – PowerPoint PPT presentation

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Title: The global automotive cameras market size is expected to touch USD 8.5 billion in 2026


1
  • Automotive Camera Market Overview
  • The global automotive cameras market size is
    expected to touch USD 8.5 billion in 2026,
    exhibiting a CAGR of 12.1 during the forecast
    period. The primary growth driver for market is
    expected to be the persistent rise in the number
    of road accidents across the globe. The Global
    Status Report on Road Safety 2018 published by
    the World Health Organization (WHO) highlighted
    that road traffic fatalities reached 1.35
    million in 2016. The report further states that
    road accidents have now become the eighth
    leading cause of death for all age groups, with
    children and young adults between the ages of 5
    and 29 seeing the highest number of deaths. In
    light of these numbers, it is clear that
    integration of advanced safety features in
    passenger and commercial vehicles is a critical
    measure that governments and automobile
    manufacturers need to implement. Increasing focus
    on enhancing vehicular safety will be one of the
    leading automotive cameras market trends in the
    forthcoming years.
  • As per the recent Fortune Business Insights
    report, titled Global Automotive Camera Market
    Size, Share Industry Analysis, By Technology
    Type (Stereo, Monocular), By Application Type
    (Park Assist System, Lane Departure Warning
    System, Blind Spot Detection, Lane Keep Assist,
    Road Sign Assistance, Adaptive Cruise Control
    (ACC), Intelligent Headlight Control, Others),
    By Vehicle Type (Passenger Cars and Commercial
    Vehicles) and Regional Forecasts, 2019-2026,
    the market size stood at USD 3.5 billion in
    2018. The report additionally contains
  • Segmentation of the market and microscopic study
    of each segment
  • Regional analysis involving evaluation of the
    developments and prospects in each region
  • Detailed research into the competitive landscape
    of the market and
  • Thorough assessment of the various market drivers
    and restraints.
  • Request a Sample
  • Report https//www.fortunebusinessinsights.com/en
    quiry/request-sample- pdf/automotive-camera-marke
    t-101912
  • List of Best Players Profiled in the Automotive
    Camera Market Research Report are
  • Robert Bosch Gmbh

2
  • Mobileye
  • Kappa optronics GmbH
  • Market Trend
  • Stringent Implementation of Vehicle Safety
    Regulations to Boost the Market
  • Governments around the world are taking
    cognizance of the increasing socio- economic
    burden of road accident deaths. Vehicular safety
    has now become top priority for major economies.
    According to the WHO, governments in 40
    high-income countries representing a total of 1
    billion people have implemented 7 or all 8 of the
    international safety standards chalked out by
    the United Nations.
  • For instance, the National Highway Traffic Safety
    Administration (NHTSA) under the US Department
    of Transportation made the installation of
    rear-view cameras in all new LCVs, HCVs, and
    SUVs from May 2018. These regulations are now
    compelling automakers to place advanced safety
    features even in entry-level vehicles, which is
    fuelling the automotive cameras market growth.
    However, a large chunk of low- and middle-income
    countries are not adhering to the UNs priority
    standards. Thus, vast growth opportunities for
    players in these countries.
  • Browse Detailed Summary of This Research
  • Report https//www.fortunebusinessinsights.com/in
    dustry- reports/automotive-camera-market-101912
  • Regional Insights

3
  • Development of Innovative Solutions to Make
    Competition Intense
  • According to the automotive cameras market
    analysis, companies operating in this market are
    stopping at nothing to enhance their research
    capabilities and launch novel products. A
    diversified product portfolio would enable these
    players to expand their global presence and
    enter regional markets.
  • Quick Buy - Automotive Camera Market Research
  • Report https//www.fortunebusinessinsights.com/ch
    eckout-page/101912
  • Detailed Table of Content
  • Introduction
  • Research Scope
  • Market Segmentation
  • Research Methodology
  • Definitions and Assumptions
  • Executive Summary
  • Market Dynamics
  • Market Drivers

4
  • Market Analysis, Insights and Forecast By
    Country
  • North America
  • Europe
  • Asia pacific
  • Rest of the World
  • TOC Continued.!
  • Get your Customized Research
  • Report https//www.fortunebusinessinsights.com/en
    quiry/customization/auto motive-camera-market-101
    912
  • Industry Developments
  • January 2020 Bosch, the German engineering
    behemoth, developed and launched a smart
    interior monitoring system for cars. The most
    notable component in this system is the
    AI-powered smart camera which continuously
    monitors the drivers motions and sends out
    instant alerts in case the driver is being
    inattentive or feeling sleepy while driving.
  • March 2018 The Swedish automotive safety
    innovator Autoliv Inc., along with its partner
    Zenuity, was handpicked by Geely for its Level 3
    project. It includes Advanced Driver Assistance
    Systems (ADAS), radar system, and mono and
    stereo vision camera units.
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