Automotive Camera Market Segmentation:
Vehicle Type Segment Analysis
The passenger cars segment is anticipated to hold 72% of the automotive camera market share during the forecast period. The implementation of passenger vehicle ADAS systems through government regulations is bolstering the segmental growth. Automotive cameras need implementation in vehicles to meet regulatory standards, including specific requirements from the European Union about Advanced Emergency Braking System (AEBS) and Lane Departure Warning (LDW) systems. Manufacturers are facing regulatory demands, which are pushing them to install improved camera technologies in their passenger vehicles. Automobile cameras are becoming more suitable for passenger vehicles as manufacturers are applying innovations in camera technologies.
New technological advancements in automotive cameras are providing enhanced visual clarity through increasing strong resolution and faster data processing results. Automobile safety receives benefits from high-resolution camera technology which assists in accurate detection of objects pedestrians and road signs thereby encouraging ADAS feature adoption for passenger vehicles.
Technology Segment Analysis
The stereo cameras segment is expected to capture 38% share of the automotive camera market through 2035. The integration of ML and AI functions into stereo camera systems is enhancing their reliability and performance. Companies are collaborating to create cameras enabled with artificial intelligence as it strengthens recognition capabilities and improves safety functions, including adaptive cruise control and autonomous emergency braking systems. For instance, in September 2023, AMD partnered with Hitachi Astemo to develop a stereo-format forward-facing camera working with AI technology for improved object detection and adaptive cruise control, and autonomous emergency braking system safety features. Such partnerships demonstrate how the industry uses AI to enhance stereo camera technologies and contribute to their sales growth.
Our in-depth analysis of the global automotive camera market includes the following segments:
|
Camera Type |
|
|
Vehicle Type
|
|
|
Technology |
|
|
Application |
|
|
Distribution Channel |
|
