Automotive Camera Module Market Recorded 5.65% YOY Growth Rate in 2021|Driven by Increased Popularity of CMOS Sensors due to Improved Performance|Technavio – QNT Press Release


NEW YORK, June 20, 2022 /PRNewswire/ — The automotive camera module market size is set to grow by 29527.61 thousand units from 2020 to 2025, progressing at a CAGR of 5.88%. Technavio categorizes the automotive camera module market as a part of the global automotive components and accessories market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the automotive camera module market during the forecast period.

For more highlights on the parent market analysis – Request a sample report.

Automotive Camera Module Market 2021-2025: Scope

Our automotive camera module market report covers the following areas:

Automotive Camera Module Market 2021-2025: Vendor Analysis

The automotive camera module market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market. Autoliv Inc., Clarion Co. Ltd., Continental AG, Kappa optronics GmbH, LG Innotek, Magna International Inc., Mycronic AB, Robert Bosch GmbH, Samsung Electro -Mechanics Co. Ltd., and Stonkam Co. Ltd. are some of the major market participants.

  • LG Innotek – The company offers an automotive camera module for analyzing or transmitting the information.

Automotive Camera Module Market 2021-2025: Market Dynamics

  • Drivers: The increased popularity of CMOS sensors due to improved performance, the steady growth of the ADAS market creating demand for camera modules, and the stringent safety regulations leading to increasing adoption of camera modules will offer immense growth opportunities.
  • Challenges: The high replacement costs associated with camera modules, the behavioral adaptation of drivers, and the decline in performance during bad weather and low-light conditions will challenge the growth of the market participants.

The holistic analysis of the drivers & challenges will help in deducing end goals and refining marketing strategies to gain a competitive edge. The automotive camera module market analysis report also provides detailed information on other upcoming trends that will have a far-reaching effect on the market growth

Automotive Camera Module Market 2021-2025: Segmentation Analysis

  • Application
    • Passenger Vehicles
    • Commercial Vehicle
  • Geography
    • North America
    • APAC
    • Europe
    • South America
    • MEA
  • Functionality
    • Driver assistance camera
    • Driver support camera

To know about the market contribution of each segment –Grab a sample report now!

Get ready to achieve excellent business outcomes from this exclusive Automotive Camera Module Market report by Technavio. The report will include highlights of the overall market which includes frequently asked questions such as –

  • What are historical revenue figures and estimated revenue figures as well as CAGR during the forecast timeframe?
  • What is the current trend taking place in the market space?
  • Which are business tactics that will influence competitive scenarios along with defining the growth potential of the market?
  • What are market drivers, restraints, and challenges impacting demand & growth of the market?
  • Which regions & segments will garner massive revenue and emerge as market leaders in upcoming years?

The competitive scenario provided in the Automotive Camera Module Market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share , etc. Don’t wait, Make a strategic approach & boost your business goals with our Automotive Camera Module Market Forecast Report – Buy Now!

Related Reports:

  • The automotive smart antenna market share is expected to increase to 40.03 million units from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 14.5%.
  • The

Full story available on Benzinga.com



Source link

Recommended For You

About the Author: News Center