Global Automotive Camera Market: Key Highlights
Global Automotive Camera Market: Key Opportunity
Global Automotive Camera Market: Regional Overview
Asia Pacific is a promising region for the automotive market. The growing automotive sector in the Asia Pacific is the key driver driving the demand for automotive camera market. Rising awareness regarding the passengers’ safety is fueling the market growth in the Asia Pacific. To drag this further, increasing the adoption of the safety system in emerging nations such as China, India is likely to foster market growth in the forecast period.
In North America, the demand for automotive cameras is growing on the grounds of increased demand for luxury cars. Furthermore, the rising installation of advanced driver-assistance systems (ADAS) in luxury cars, in the region is projected to push the market growth. Also, favorable mandates imposed by the regulatory authorities such as National Highway Traffic Safety Administration of United States, imposed mandate to install rear view camera in the vehicles is further supporting the growth of this market.
Global Automotive Camera Market: Key Players Overview
Robert Bosch GmbH is a German based company that operates through 4 business segments mobility solutions, industrial technology, consumer goods, and energy and building technology. The company offers a range of products includes driver assisting systems, driving safety systems, connectivity solutions, and infotainment solutions. Robert Bosch GmbH also offers a multipurpose camera, stereo video camera, in-vehicle camera, rear-view system and many others, to increase the vehicle safety of the passenger cars, light commercial vehicles, off-highway and large engine vehicles, and power sports and two-wheeler vehicles.
Automotive manufacturing company Continental AG, operating globally through developing brake system, interior electronics, safety solutions, and automotive components. It provides stereo camera, mono camera, camera-based system, surround view camera, among others. In 2018, the company accounted for USD 51.97 billion, among which automotive group accounts for USD 31.77 billion. The chassis & safety includes Advanced Driver Assistance Systems, Hydraulic Brake Systems, Passive Safety & Sensorics, Vehicle Dynamics, which contributes for USD 11.34 billion in 2018.
About Forencis Research
Forencis Research is a B2B market research, intelligence and advisory firm engaging in market research and consulting services across leading industries, globally. Our robust and meticulous research team provides high growth and niche syndicated reports, customized reports and consulting reports to the diverse global fortune clientele and intellectual institutions. Forencis Research database is a constantly evolving pool of reports and white paper studies which helps companies to foster accelerated revenue growth in global and regional markets. Forencis Research delivers market research and consulting reports on high growth markets to help companies dominate their competition and set themselves apart by attaining increased revenue growth. To enable exclusive insights around the target market, Forencis Research employs robust research Methodology & Design which includes data acquisition, data synthesis and data correlation, through Primary and Secondary Research. Through the obtained data, Top-down and bottom-up methods are exercised to attain and verify data sanity within the entire market. This market data is yet again correlated with Forencis Research’s internal database before presenting it in any of our final publications. These methods of data correlation and amalgamation benefit us to put forward accurate market estimates enabling our clients to transform their business, markets and most importantly their “REVENUES”.
Phone: +1 (720) 306 9020