Wiseguyreports.Com Publish New Market Research Report On-“Automotive Camera Module Market 2019 Global Key Manufacturers Analysis, Sales, Supply, Demand and Forecast to 2023”
Pune, India – December 6, 2019 /MarketersMedia/ —
Automotive Camera Module Industry 2019
Automotive Camera Module is the latest trending thing in the market these days. It is defined as housing that contains an image sensor, a lens, a buffer, connector points, and a processor. In some cases, it is also seen that some system-specific software needs to be installed before the camera module is applied. It depends on the configuration given by the vehicle manufacturer. The image sensors installed in these cameras are higher useful.
The automotive camera helps people to monitor vehicles and interior surroundings of the automotive electronic equipment. The other growth drivers include the change in government policy and the high production of the automotive camera in the international market. This camera is installed at the front side, rear side, or inside the vehicle. This ensures safety because it helps in spotting the blind spot, parking, nap prevention, airbag control, and lane detection.
Market by Top Automotive Camera Module Companies, this report covers
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As per the reports and statistics, the global market of Automotive Camera Module developed rapidly at the rate of 29.9%. It is expected to grow at a CAGR of roughly 18.5% over the next five years and will reach 8530 million US$ in 2023. As per the data, in 2017, the actual production globally was about 78.2 million units. As the competition in this sector is increasing, the players are manufacturing more, which in turn leads to rapid growth in this industry.
On the basis of the type, the global market of the Automotive Camera Module is classified into the Back Camera, Front Camera, and Others. Each camera has its special feature. These cameras are useful for traffic signal recognition, forward collision warning, intelligent headlight control, etc. The back camera dominates the market and is very helpful for young drivers when they reverse the car. Back camera’s proportion in previous years accounted for around 56%.
From the application perspective, the global market of the Automotive Camera Module can be divided into Sedan, SUV, and
Others. Here, the major proportion of the Automotive Camera Module is used for Sedan. It consumption market share is around 72%. Since the size of the SUV is bigger, it requires more assistance while parking, reversing, etc. This assistance is offered by the cameras installed in the car.
Based on the geographical statistics, the global market of Automotive Camera Module is divided into North America, Europe, Asia-Pacific, South America, Middle East, and Africa. The current demand for this module is high in countries like North-America and Europe. The demand in China is relatively higher. These three regions form the major consumption regions in the camera module market.
It is observed that these automotive camera help in the prevention of collisions, record driver’s inclinations, and also provide enhanced driving experience. These days, the purchasing decision of the consumers is greatly influenced by the type of camera which is placed in the vehicle. Because of the growing demand for these automotive cameras, new players have come up in the market that manufacture or market these cameras.
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Table of Contents –Analysis of Key Points
1 Market Overview
2 Manufacturers Profiles
3 Global Automotive Camera Module Sales, Revenue, Market Share and Competition by Manufacturer (2017-2018)
4 Global Automotive Camera Module Market Analysis by Regions
5 North America Automotive Camera Module by Country
6 Europe Automotive Camera Module by Country
7 Asia-Pacific Automotive Camera Module by Country
8 South America Automotive Camera Module by Country
9 Middle East and Africa Automotive Camera Module by Countries
10 Global Automotive Camera Module Market Segment by Type
11 Global Automotive Camera Module Market Segment by Application
12 Automotive Camera Module Market Forecast (2019-2025)
13 Sales Channel, Distributors, Traders and Dealers
14 Research Findings and Conclusion
List of Tables and Figures
Name: Norah Trent
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