DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/fsvtn6/automotive_camera) has announced the addition of the "Automotive Camera & Camera Module Market - Global Forecast to 2020" report to their offering.
The global automotive camera market is projected to grow at a CAGR of 11%, whereas, the global automotive camera module market is projected to grow at a CAGR of 11.8% from 2015 to 2020. North America is the largest market for automotive cameras & camera modules, followed by Europe and the Asia-Pacific.
Growth in this market is fueled by the increasing adoption of ADAS in modern automobiles, growing influence of New Car Assessment Program, and increased focus of insurance companies on reducing costs due to accidents. The high cost of ADAS, which makes products less competitive, is the restraint for the market.
The automotive camera & camera module market has been segmented on the basis of applications into lane departure warning, adaptive cruise control, blind spot detection, pedestrian detection, park assist, driver monitoring, night vision, and road sign recognition systems.
The lane departure warning segment is gaining potential, owing to the growing installation rate of lane departure warning systems in the passenger cars across the globe with the impending legislation in Europe that mandates the installation of LDW systems in passenger cars. However, the park assist segment is expected to hold the largest share, in terms of value, in the global automotive camera & camera module market in 2015.
Robert Bosch GmBH
Delphi Automotive PLC
- Autoliv Inc
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Camera & Camera Module Market, By Product Type
7 Camera & Camera Module Market, By Application
8 Automotive Camera Market, By Technology
9 Automotive Camera & Camera Module Market, By Vehicle Types
10 Automotive Camera & Camera Module Market, By Region
11 Automotive Rear View Camera System Market for Off-Highway Vehicle
12 Competitive Landscape
13 Company Profiles
For more information visit http://www.researchandmarkets.com/research/fsvtn6/automotive_camera