Automotive Camera Module Market Automotive Camera Module Market | Page 2

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Electric vehicles, passenger vehicles, and commercial vehicles are the vehicle types that could be explored in
the automotive antenna in the forecast period. Electric vehicle sector comprises hybrid vehicles, battery-
operated electric vehicles, and plug-in hybrid vehicles. Passenger vehicles comprise sports utility vehicles,
hatchback cars, multi-purpose vehicles, and sedans. Commercial vehicles comprise heavy and lightweight
vehicles.
The market may be categorized based on applications like blind spot detection (BSD), lane departure warning,
adaptive cruise control (ACC), pedestrian detection, road sign recognition systems, park assist, night vision,
driver monitoring, and the others that could be explored in the automotive camera module in the forecast
period. The lane departure-warning sector is estimated to grow at the highest CAGR in the years to come. Also,
park assist sector is estimated to grow at the fastest pace in the years to come.
Automotive camera module market is segmented geographically into Americas (North America, South America),
Europe (Eastern Europe, Western Europe), Asia Pacific (India, China, Japan, New Zealand, and Australia), Middle
East (UAE, Saudi, and Qatar) and Africa (South Africa).
Globally, North America accounted for the substantial market share of the automotive camera module and is
estimated to lead the overall market in the years to come. The reason behind the overall market growth could
be the presence of key manufacturers in the region and the rising use of enhanced technology.
Europe and the Asia Pacific are also estimated to have a positive influence on future growth. Europe is the
second largest region with significant market share. However, Asia Pacific is estimated to grow at the highest
CAGR in the forecast period. The aspects that could be ascribed to the growth comprise growing demand from
consumers for technologically enhanced vehicles. The key players of the automotive camera module market are
Continental AG, Robert Bosch Gmbh, Valeo, Delphi Automotive PLC, and Autoliv Inc. These players are
concentrating on inorganic growth to sustain themselves amidst fierce competition.
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