Automotive Camera and Integrated Radar and Camera Market Size, Share, Growth Opportunities, Outlook, Statistics, Market Scope, Revenue, Research, Trends Analysis & Global Industry Forecast Report, 2021-2028
Automotive Camera and Integrated Radar and Camera Market Size , Share & Analysis Report by Type (Automotive camera and Integrated radar and camera), By View Type (Front view, Rearview and Surround view), By Vehicle Type (Passenger cars, Commercial vehicles and Heavy-commercial vehicles), By Application (ADAS and Park assist and viewing) and By Region – Global Opportunities & Forecast, 2021-2028
Introduction of the Automotive Camera and Integrated Radar and Camera Market Report
Automotive cameras are onboard systems that are intended to render the best video and HDR images possible. These camera systems are primarily used to help drivers with parking, maneuvering, and evaluating performance of the vehicle. They also play a vital part in newer applications such as Lane Departure Warning Systems (LWDS), Forward Collision Warning Systems (FCWS), and Blind Spot Warning Systems (BSW). Full-speed range, adaptive cruise control, adaptive headlamp control, and traffic sign identification are among the active safety practices provided by this integrated radar and camera system. It is a new technology used for a variety of purposes, including headlight monitoring, sign recognition, traffic jam support and automated highway.
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Market Dynamic
Key Drivers and Emerging Trends
The factors driving the global Automotive Camera and Integrated Radar and Camera market include the growing customer need for advanced security systems, rising demand for vehicle safety systems for premium segment vehicles, and the increasing number of rules mandating safety features in vehicles. The demand for safety aspects like parking assistance, collision avoidance, lane departure warning (LDW), traction control, electronic stability control, tire pressure monitoring, airbags, and telematics, is expanding due to the increasing number of road accidents worldwide. It is also implemented in advanced driver assistance systems (ADAS), which can identify and analyze certain objects on the road and aware drivers accordingly. These systems can also automatically slow down or stop the vehicle in case of accidents. There has been notable growth in death cases due to road mishaps in recent years. In 2020, according to World Health Organization, nearly 1.35 million people die in road accidents each year across the globe. Moreover, more youths die due to road accidents than other age groups. Hence, these factors lead to a growth in the demand for safety facilities in vehicles. Automobile companies are producing and introducing safety features to meet the needs of customers. Thus, the demand for safety features drives the automotive camera and integrated radar and camera market growth. The technological revolution has already redefined the way automobiles use fuel, with electric, hybrid, and solar energy systems in vehicles beginning to replace internal combustion engines and fuel-fed engines. The growth of autonomous technologies and discoveries in ADAS systems have simultaneously begun to increase user interactivity while limiting the need to take direct control of driving. As the role of software is growing, vehicle companies are striving to deliver more innovations while promoting the safety of vehicles and occupants. Therefore, the increasing number of technological developments and evolutions in ADAS are creating big opportunities for the automotive camera and integrated radar and camera market.
Impact of COVID-19 on Automotive Camera and Integrated Radar and Camera Market
After the outbreak of novel Coronavirus, major automotive camera producers, like Bosch and Continental, and integrated radar and camera providers, such as Aptiv PLC and ZF Friedrichshafen, have declared the suspension of production due to trimmed demand and supply chain obstructions, and to protect the safety of their employees in France, Germany, Italy, and Spain. As reopening of vehicle production is not likely in the near future due to the seriousness of the pandemic, especially in the US and major European countries, tier 1 players predicts a further decline in revenue. For instance, Aptiv’s advanced safety and user segment logged revenue of USD 902 million in Q1 2020 compared to USD 1,023 million in Q1 2019, a decline of 13%. Automotive camera and integrated radar and camera providers are facing supply chain interruptions as countries are in a state of lockdown to prevent the spread of the disease.
Restraint in the Automotive Camera and Integrated Radar and Camera Market
However, the high cost linked with deploying safety facilities in vehicles is one of the key factor restraining the growth of the automotive camera and integrated radar and camera market, as it raises the cost of vehicles.
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Type – Segment Analysis
Based on the Type, the integrated radar and camera segment is expected to grow at a higher CAGR during the forecast period. It is currently a niche market. An integrated radar camera system comprises camera and radar components packed in a single module. The module can be used in a vehicle for safety applications like ACC, forward collision warning (FCW), collision mitigation via autonomous braking, and LDW. The combination of the camera and the radar into a single module results in a reduction in sensor costs. Additionally, camera and radar integration operate common or shared electronics and signal processing. With the rising adoption of ADAS, the integrated radar and camera market is expected to witness noteworthy growth in the coming years.
View Type – Segment Analysis
Based on the View Type, the Front View segment is expected to grow at a higher CAGR during the forecast period. The growth of this segment is influenced by surging demand for ADAS functions to control the traffic ahead to enable the car to keep a safe and legal speed, stay in its lane, keep its distance from vehicles ahead, and respond to emergencies. Front view cameras are mainly utilized for dash camera applications and ADAS applications. ADAS front view cameras upgrades active safety and driver assistance functions, like autonomous emergency braking (AEB), adaptive cruise control (ACC), lane-keeping assist system (LKAS), and traffic jam assist (TJA). Furthermore, rising trends of connected vehicles and autonomous vehicles and the expanding adoption of ADAS drive the growth of the front view segment. Increasing support from governments for OEMs to adopt advanced safety features in vehicles and growing preference of end-users for advanced safety features are the major factors propelling the growth of ADAS in vehicles.
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Regional – Segment Analysis:
Based on the region, the Asia-Pacific region is projected to dominate the market during the forecast period. The latest technological innovations have facilitated advancements in automotive cameras and integrated radar and camera systems that makes various processes in commercial and passenger vehicles more efficient and significantly enhances accuracy in various applications Therefore, a number of manufacturers based in the region are investing heavily in research and development activities for these devices. For example, the global automotive technology supplier, Valeo, invested Rs 25 crore to set-up an R&D test lab facility in Chennai, India. APAC is leading region for passenger vehicle production, and rising adoption of cameras in vehicles for various applications is expected to drive the market growth.
Top Market Players
Various notable players operating in the market include Robert Bosch GmbH, Continental AG, Valeo SA, Aptiv., Magna International Inc., Intel Corporation, Infineon Technologies AG, ZF Friedrichshafen AG, Veoneer Inc., Gazer Ltd., among others.
Key Developments:
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- In 2019, Robert Bosch GmbH originated a new interior monitoring system that embraced the safety, comfort, and convenience of all vehicle occupants. Moreover, the system can identify driver distraction, signs of drowsiness, and even whether a child has been left behind, and it warns the driver regarding critical situations.
- In 2019, Continental AG developed a left-turn assist for vehicles used in agriculture. The system alerts the driver about the obstacles on the left side of the vehicle via optical signal. It will be combined with camera technology soon to provide a more efficient solution.
Segments covered in the Report:
The global Automotive Camera and Integrated Radar and Camera market has been segmented on the basis of Type, View Type, Vehicle Type, Application and regions. Based on Type, the market is segmented into Automotive camera and Integrated radar and camera. Based on View Type, the market is segmented into Front view, Rearview and Surround view. Based on Vehicle Type, the market is segmented into Passenger cars, Commercial vehicles and Heavy-commercial vehicles. Based on Application the market is segmented into ADAS and Park assist and viewing.
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Key questions answered in this research report:
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- At what pace is global Automotive Camera and Integrated Radar and Camera market growing? What will be the growth trend in the future?
- What are the key drivers and restraints in Automotive Camera and Integrated Radar and Camera market? What will be the impact of drivers and restraints in the future?
- What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Automotive Camera and Integrated Radar and Camera market?
- Which Type generated maximum revenues in 2019 and identify the most promising Type during the forecast period?
- What are the various View Type areas of global Automotive Camera and Integrated Radar and Camera market and how they are poised to grow?
- What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?
Report Coverage |
Details |
Market Base Year |
2020 |
Market Forecast Period |
2021-2028 |
Market Revenues Currency |
USD Million |
Base Year & Forecast Units |
Revenues (USD Million) |
Market Segment | By Type, By View Type, By Vehicle Type, By Application, By Region |
Regional Coverage | Asia Pacific, Europe, North America, and RoW |
Companies Profiled | Robert Bosch GmbH, Continental AG, Valeo SA, Aptiv., Magna International Inc., Intel Corporation, Infineon Technologies AG, ZF Friedrichshafen AG, Veoneer Inc., Gazer Ltd., among others; a total of 10 companies covered. |
25% Free Customization Available | We will customize this report up to 25% as a free customization to address our client’s specific requirements |
Market Segmentation
Global Automotive Camera and Integrated Radar and Camera Market by Type
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- Automotive camera
- Integrated radar and camera
Global Automotive Camera and Integrated Radar and Camera Market by View Type
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- Front view
- Rearview
- Surround view
Global Automotive Camera and Integrated Radar and Camera Market by Vehicle Type
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- Passenger cars
- Commercial vehicles
- Heavy-commercial vehicles
Global Automotive Camera and Integrated Radar and Camera Market by Application
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- ADAS
- Park assist and viewing
Global Automotive Camera and Integrated Radar and Camera Market by Region
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- North America Automotive Camera and Integrated Radar and Camera Market (Option 1: As a part of the free 25% customization)
- North America Automotive Camera and Integrated Radar and Camera Market by Type
- North America Automotive Camera and Integrated Radar and Camera Market by View Type
- North America Automotive Camera and Integrated Radar and Camera Market by Vehicle Type
- North America Automotive Camera and Integrated Radar and Camera Market by Application
- US Automotive Camera and Integrated Radar and Camera Market All-Up
- Canada Automotive Camera and Integrated Radar and Camera Market All-Up
- Europe Automotive Camera and Integrated Radar and Camera Market (Option 2: As a part of the free 25% customization)
- Europe Automotive Camera and Integrated Radar and Camera Market by Type
- Europe Automotive Camera and Integrated Radar and Camera Market by View Type
- Europe Automotive Camera and Integrated Radar and Camera Market by Vehicle Type
- Europe Automotive Camera and Integrated Radar and Camera Market by Application
- UK Automotive Camera and Integrated Radar and Camera Market All-Up
- Germany Automotive Camera and Integrated Radar and Camera Market All-Up
- France Automotive Camera and Integrated Radar and Camera Market All-Up
- Spain Automotive Camera and Integrated Radar and Camera Market All-Up
- Rest of Europe Automotive Camera and Integrated Radar and Camera Market All-Up
- Asia-Pacific Automotive Camera and Integrated Radar and Camera Market (Option 3: As a part of the free 25% customization)
- Asia-Pacific Automotive Camera and Integrated Radar and Camera Market by Type
- Asia-Pacific Automotive Camera and Integrated Radar and Camera Market by View Type
- Asia-Pacific Automotive Camera and Integrated Radar and Camera Market by Vehicle Type
- Asia-Pacific Automotive Camera and Integrated Radar and Camera Market by Application
- China Automotive Camera and Integrated Radar and Camera Market All-Up
- India Automotive Camera and Integrated Radar and Camera Market All-Up
- Japan Automotive Camera and Integrated Radar and Camera Market All-Up
- Rest of APAC Automotive Camera and Integrated Radar and Camera Market All-Up
- RoW Automotive Camera and Integrated Radar and Camera Market (Option 4: As a part of the free 25% customization)
- RoW Automotive Camera and Integrated Radar and Camera Market by Type
- RoW Automotive Camera and Integrated Radar and Camera Market by View Type
- RoW Automotive Camera and Integrated Radar and Camera Market by Vehicle Type
- RoW Automotive Camera and Integrated Radar and Camera Market by Application
- Brazil Automotive Camera and Integrated Radar and Camera Market All-Up
- South Africa Automotive Camera and Integrated Radar and Camera Market All-Up
- Saudi Arabia Automotive Camera and Integrated Radar and Camera Market All-Up
- UAE Automotive Camera and Integrated Radar and Camera Market All-Up
- Rest of world (remaining countries of the LAMEA region) Automotive Camera and Integrated Radar and Camera Market All-Up
- North America Automotive Camera and Integrated Radar and Camera Market (Option 1: As a part of the free 25% customization)
Major Players Operating in the Automotive Camera and Integrated Radar and Camera (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)
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- Robert Bosch GmbH
- Continental AG
- Valeo SA
- Aptiv
- Magna International Inc.
- Intel Corporation
- Infineon Technologies AG
- ZF Friedrichshafen AG
- Veoneer Inc.
- Gazer Ltd.
- Published Date: Jul - 2021
- Report Format: Excel/PPT
- Report Code: UP2154-001001
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Automotive Camera and Integrated Radar and Camera Market Size, Share, Growth Opportunities, Outlook, Statistics, Market Scope, Revenue, Research, Trends Analysis & Global Industry Forecast Report, 2021-2028
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