Stratview Research releases a new report on the Automotive Camera & Camera Module Market that
shows lucrative growth opportunities in the global industry during the next
five-year period. This report ensures reliable information related to the
present and future market trends. The following summary will give an overview
of the challenges, dynamics, and more details mentioned in the report.
Global Automotive Camera & Camera Module Market Forecast:
The Automotive Camera & Camera Module Market is
estimated to grow from USD 1.4 billion in 2020 to USD
4.4 billion by 2026 at a healthy CAGR of 21.5% during
the forecast period.
Key Players
The
following are some of the key players in the Automotive Camera & Camera
Module Market:
- Robert
Bosch GmbH (Germany)
- Delphi
Automotive PLC (Ireland)
- Valeo
(France)
- Mobileye
(Israel)
- Autoliv
Inc. (Sweden)
- Continental
AG (Germany)
- Omnivision
Technologies Inc. (US)
- Magna
International Inc. (Canada)
- AEI
Inc. (US)
- Stonkam
(China).
COVID-19 Impact on Global Automotive
Camera & Camera Module Market
The
COVID-19 pandemic is likely to favorably impact market growth. To curb the
spread of the virus, countries worldwide are imposing restrictions and are
promoting social distancing measures. Strict restrictions on the movement of
people are further expected to negatively impact land-based casino operations.
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Automotive Camera & Camera Module Market Segmentation:
Based
on vehicle type, the automotive camera & camera module market is
categorized into compact passenger cars and commercial vehicles. The passenger cars segment held a significant
market share in 2020 and is estimated to register a healthy CAGR during
the forecast timeline. This is mainly attributed to the increasing adoption of
automotive camera modules, installed in the front, rear, and inside of
automobiles, to deliver safety to passengers, thereby bolstering the segment
growth.
By
region, the European market
accounted for a significant share in 2020 and is expected to grow at the
highest CAGR in the following years. This is mainly ascribed to
the strong presence of product manufacturers in Germany, the UK, France, and
Ireland. Also, the region is an automotive hub and is equipped with the
manufacturing of high-end passenger cars, which further proliferates the
regional market growth.
For inquiries,
Contact:
Ritesh
Gandecha
Stratview
Research
E-mail:
sales@stratviewresearch.com
Direct:
+1-313-307-4176
About Stratview Research
Stratview Research is a global market intelligence firm helping its clients
tract the ever-evolving market scenarios through customised and syndicated
reports. The reports offered here are gathered with the help of our
wide-ranging and reliable secondary sources and in-depth interviews with the
linchpins within the market. Extrapolated through primary and secondary
research, Stratview Research’s reports help you remain ahead of the curve by
enabling you to understand the current market trends and challenges coming on
your way. Our strong team of industry veterans and researchers assure high
quality research and strategic insights that help companies worldwide in
effective decision making.
