Automotive Camera Module Market Automotive Camera Module Market

Automotive Camera Module Market Key Players, Trends, Growth
Opportunities and Industry Forecast till 2022
“The factors that are playing a major role in the growth of
market are growing awareness among insurance
companies regarding safety measures, high impact of new
car assessment program (NCAP), and growing demand for
luxury vehicles.”
Global automotive camera module market is expected to grow at a significant CAGR of 21.2% in the upcoming
period as the scope and its applications are rising enormously across the globe. Automotive camera module
comprises image sensors that help in preclusion of accidents, record driver’s inclination, and offer enhanced
driving experience.
The factors that are playing a major role in the growth of market are growing awareness among insurance
companies regarding safety measures, high impact of new car assessment program (NCAP), and growing
demand for luxury vehicles. However, the high cost of advanced driver assistance system (ADAS) may restrain
overall market growth in the years to come. Automotive camera module market is segmented based on product
type, technology, vehicle type, application, and region.
Driver support cameras and driver assistance cameras are the product types that could be explored in the
automotive camera module in the forecast period. The driver assistance camera sector accounted for the
substantial market share of the automotive camera module and is estimated to lead the overall market in the
years to come.
Based on technology, thermal, infrared, and digital could classify automotive camera module in the forecast
period. The digital sector accounted for the substantial market share of the automotive camera module in terms
of volume and is estimated to lead the overall market in the years to come. In addition, the infrared sector is
estimated to grow at the fastest pace in the years to come.
Get Sample Copy of this Report @