Automotive Camera Market Size

Automotive Camera Market size is expected to cross USD 46 Billion by the end of 2036, growing at a CAGR of 10% during the forecast period, i.e., 2024 – 2036. In the year 2023, the industry size of automotive camera was over USD 14 Billion. The industry growth is expected to be driven by growing safety concerns for passengers in cars around the world, as well as increasing technological progress on driver's assistance sensors based on cameras. For instance, over 80 million units of internal, side and rear cameras for cars were found to be shipped worldwide in 2020.

In addition, the use of car cameras is widespread in the advanced driver assistance systems ADAS. The demand for automotive camera is growing among auto users, which will lead to considerable revenue generation opportunities for the main players involved in the global market over the next few years as a result of recently developed technologies such as improved driver assistance systems.