Automotive Camera Market in North America to grow at $5bn by 2024
Category: #world  By Madhuri Pawar  Date: 2019-10-15
  • share
  • Twitter
  • Facebook
  • LinkedIn

Automotive Camera Market in North America to grow at $5bn by 2024

According to the Graphical Research new growth forecast report titled “North America Automotive Camera Market By Type (Mono, Stereo, Trifocal), By Application (ADAS [Lane Departure Systems, Emergency Braking Systems, Forward Collision Warning, Others], Parking Assist), By Vehicle Type (Passenger Cars, Utility Vehicles, Commercial Vehicles), 2019-2025”, estimated to cross USD 5 billion by 2025. The increasing installation of driver assistance, vehicle safety, and parking assist systems in newly developed automobiles is supporting the North America automotive camera market expansion. Major industry players are investing heavily in driverless technology and developing safety features in passenger & commercial vehicles. In recent years, companies such as FCA US, Ford, and General Motors have announced the investment of USD 59.2 billion in their US assembly plants, R&D labs, headquarters, administrative offices, and other facilities. These investments and technological developments are supporting the integration of safety features into vehicles, promoting industry growth.

Request for a sample of this report @ https://www.graphicalresearch.com/request/1197/sample

The demand for ADAS in passenger and commercial vehicles has witnessed significant growth due to increased passenger safety and comfort initiatives. These components are used in several systems, such as adaptive cruise control, collision avoidance system, driver monitoring system, etc., to provide advanced assistance & safety to passengers. Several players in the North America automotive camera market are providing a wide range of products to cater to the demand from the automotive sector. For instance, in January 2018, DENSO Corporation developed a new standard vision sensor that detects pedestrians, cyclists, driving lanes, etc. and has enhanced the night vision capabilities.

The integration of these cameras into passenger vehicles with autonomous driving features will reduce road fatalities, further promoting the North America automotive camera market. The vision systems consist of mono, stereo, and trifocal systems, which provide improved visibility to the ADAS, increasing the efficiency and safety in autonomous vehicles. For instance, in August 2018, ZF Marshall announced the launch of S-CAM 4 camera family, which includes a single lens mono camera and a three lens TriCam4 developed in collaboration with Mobileye.

The key players operating in the North America automotive camera market are Aptiv PLC, Clarion, Continental AG, DENSO Corporation, Magna International, Mobileye, OmniVision Technologies Inc., etc. These players are developing solutions, which provide advanced safety features in passenger vehicles. They are adopting several strategies such as product differentiation, mergers, acquisitions, collaborations, and new product developments to fulfill the demand from OEMs.

Browse key industry insights along with Table of Content @ https://www.graphicalresearch.com/industry-insights/1197/north-america-automotive-camera-market

Segments we cover:

North America Automotive Camera Market, By Type

  • Mono
  • Stereo
  • Trifocal

North America Automotive Camera Market, By Vehicle Type

  • Passenger cars
  • Utility vehicles
  • Commercial vehicles

North America Automotive Camera Market, By Application

  • ADAS
    • Lane Departure Systems
    • Emergency Braking Systems
    • Forward Collision Warning
    • Others
  • Parking assist

About Graphical Research:

Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.

Contact Us:

Parikhit B. 
Corporate sales, 
Graphical Research 
Email: [email protected] 
Web: https://www.graphicalresearch.co



About Author

Madhuri Pawar

Email: [email protected]   

Madhuri Pawar

A post graduate in Electronics and telecommunication field, Madhuri writes for News.Marketsizeforecasters.com and carries a rich experience in digital marketing, exploring how the online world works from a marketing perspective. her other areas of interest include rea...

Read More

More News By Madhuri Pawar

Incisive evaluation of North America Vacuum Coating Equipment Market Research Report Released With Growth, Latest Trends & Forecasts Till 2024
Incisive evaluation of North America Vacuum Coating Equipment Market Research Report Released With Growth, Latest Trends & Forecasts Till 2024
By Madhuri Pawar

According to the Graphical Research new growth forecast report titled North America Vacuum Coating Equipment Market By Application (PVD [Microelectronics, Storage, Solar, Medical Equipment, Cutting Tools], Magnetron Sput...

North America Glass Packaging Market Capacity and Profit 2019-2024 Forecast by Manufacturers, Key Players & more
North America Glass Packaging Market Capacity and Profit 2019-2024 Forecast by Manufacturers, Key Players & more
By Madhuri Pawar

According to the Graphical Research new growth forecast report titled North America Glass Packaging Market By Application (Alcoholic Beverages, Beer, Food & Beverages, Pharmaceuticals), By Product (Borosilicate, De-a...

Europe Automotive Camera : Insights Into & Future of the Market to 2025
Europe Automotive Camera : Insights Into & Future of the Market to 2025
By Madhuri Pawar

According to the Graphical Research new growth forecast report titled “Europe Automotive Camera Market Size By Type (Mono, Stereo, Trifocal), By Application (ADAS [Lane Departure Systems, Emergency Braking Systems, Forw...