By submitting this form, you are agreeing to the Terms of Use and Privacy Policy.
The automotive camera market has witnessed substantial growth in recent years, driven by increasing safety concerns, technological advancements in the automotive industry, and regulatory mandates for vehicle safety features. Automotive cameras are integral components of advanced driver assistance systems (ADAS), offering functionalities such as lane departure warning, forward collision warning, adaptive cruise control, and pedestrian detection.
These cameras help enhance driver visibility, improve road safety, and reduce the risk of accidents by providing real-time visual information to drivers and enabling autonomous driving features. Moreover, the growing demand for connected vehicles and the trend towards electric and autonomous vehicles are further fueling the expansion of the automotive camera market.
In addition to safety applications, automotive cameras are increasingly being integrated into vehicles for parking assistance, surround-view monitoring, and driver monitoring systems. The market is characterized by a surge in the adoption of high-resolution cameras, night vision cameras, and 360-degree cameras, offering enhanced imaging capabilities and improved visibility in various driving conditions.
Furthermore, advancements in image sensing technologies, such as CMOS and CCD sensors, coupled with the integration of artificial intelligence and machine learning algorithms, are expected to drive innovation and foster the development of more sophisticated automotive camera solutions in the coming years
The advancement of autonomous driving technology is another significant driver. Automotive cameras are essential components in autonomous vehicles, providing the visual data needed for object detection, lane recognition, and path planning, enabling self-driving cars to navigate roads safely and autonomously.
The automotive camera market is expected to continue its strong growth trajectory in the coming years, driven by the factors mentioned above. The increasing demand for ADAS features, the growing popularity of surround-view systems, and the increasing adoption of automotive cameras in commercial vehicles are all expected to contribute to the market’s expansion
As automotive cameras become more advanced and integrated with other technologies, they will play an increasingly critical role in shaping the future of transportation, enhancing safety, convenience, and the overall driving experience. The automotive camera market is poised for continued growth and innovation, playing a pivotal role in the future of mobility.
The growth in popularity of L1 and L2 automated ADAS vehicles has been a major growth catalyst for the ADAS camera market. There is an increasing attempt to develop and combine cameras for easier usage. The attempt to combine control modules is also very prevalent. In China, many OEMs are now planning to launch L3 automated vehicles by 2020-21 and as per our Autonomous Car HD maps report, – up to 25 L3 automated vehicles from 15 OEMs could be offered by 2025
The Automotive Camera Market is witnessing significant growth in recent years, driven by the increasing integration of advanced driver assistance systems (ADAS) and safety features in modern vehicles. Automotive cameras play a crucial role in enhancing vehicle safety by providing real-time visual information to drivers and assisting in various functions such as lane departure warning, collision avoidance, pedestrian detection, and parking assistance.
With the growing focus on vehicle safety regulations and consumer demand for enhanced driving experiences, automotive manufacturers are increasingly incorporating camera-based systems into their vehicles. These systems not only improve driver visibility but also enable vehicles to detect and respond to potential hazards more effectively.
Moreover, the advent of autonomous driving technology has further accelerated the adoption of automotive cameras, as they are integral components of autonomous vehicle systems, enabling functions such as object detection, lane keeping, and adaptive cruise control. As a result, the Automotive Camera Market is poised for significant expansion in the coming years, driven by technological advancements, regulatory mandates, and the increasing emphasis on road safety across the globe.
Cameras are to computers (of ADAS systems), what mirrors and windows are to human drivers. They allow vehicle computers to asses the outside environment and take corrective measures to enhance the vehicle`s safety.
An automotive camera is a sensor that captures images of the vehicle’s surroundings and transmits the data to the vehicle’s control system. Automotive cameras are used for a variety of purposes. Automotive cameras can enhance night vision by capturing residual light and amplifying it, improving visibility in low-light conditions. Additionally, driver monitoring systems use cameras to detect signs of fatigue or distraction, prompting the driver to take a break.
Automotive cameras are continuously evolving, with advancements in sensor technology, image processing algorithms, and artificial intelligence further enhancing their capabilities and expanding their applications. As vehicles become more connected and autonomous, automotive cameras will play an increasingly critical role in shaping the future of transportation.
Automotive cameras are typically mounted on the vehicle’s exterior, such as on the front, rear, and sides of the vehicle. They can also be mounted inside the vehicle, such as on the dashboard or in the rearview mirror. The type of automotive camera used depends on the specific application. For example, ADAS cameras typically use high-resolution CMOS sensors, while night vision cameras use infrared sensors.
The automotive camera market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
One recent trend in the Automotive Camera Market is the increasing adoption of advanced driver assistance systems (ADAS) and autonomous driving technologies. Automotive cameras play a crucial role in enabling these technologies by providing real-time data on the vehicle’s surroundings. With the growing emphasis on vehicle safety and the development of self-driving vehicles, automakers are increasingly integrating advanced camera systems into their vehicles.
These systems include features such as lane departure warning, adaptive cruise control, automatic emergency braking, and parking assistance, among others. As a result, there is a rising demand for high-resolution cameras with enhanced functionalities to support these advanced driver assistance systems, driving the growth of the automotive camera market.
Another significant trend is the shift towards the integration of artificial intelligence (AI) and machine learning (ML) algorithms in automotive camera systems. AI-powered cameras can analyze and interpret complex visual data in real-time, enabling more accurate object detection, pedestrian detection, traffic sign recognition, and lane detection, among other functionalities.
This trend is driving the development of intelligent camera systems capable of providing advanced driver assistance features and enhancing the overall safety and efficiency of vehicles. Moreover, AI-powered cameras enable automakers to gather valuable insights into driver behavior, vehicle performance, and road conditions, paving the way for further advancements in autonomous driving technology. As a result, there is a growing demand for AI-enabled automotive cameras, driving innovation and growth in the automotive camera market.
The automotive camera market has witnessed the introduction of several innovative products aimed at enhancing vehicle safety and autonomy. Among these advancements are solid-state LiDAR cameras, which utilize a compact and reliable solid-state laser instead of a rotating mirror, enabling high-resolution 3D imaging of the surrounding environment. Additionally, time-of-flight (TOF) cameras have emerged as faster and more accurate alternatives for measuring distances to objects, particularly in low-light conditions, facilitating applications such as lane departure warning and pedestrian detection.
Major players in the automotive technology sector, including Bosch, Mobileye, Continental, Denso, and Valeo, have introduced advanced camera systems equipped with AI-powered object recognition, long-range radar capabilities, and high-resolution imaging for enhanced driver assistance features and autonomous driving capabilities. These systems leverage a combination of cameras, radar, and lidar sensors to detect and track objects on the road, ensuring improved safety and situational awareness for drivers.
Furthermore, the market has witnessed the launch of innovative dash cameras, such as Ring’s Car Cam and Nextbase 622GW Dash Cam, offering dual-facing recording capabilities, advanced features like Emergency SOS and Amazon Alexa integration, and seamless integration with mobile applications for remote monitoring and two-way communication. These developments underscore the industry’s commitment to advancing automotive camera technology to address evolving safety and convenience needs in modern vehicles.
Solid-state LiDAR cameras are a type of LiDAR (light detection and ranging) camera that uses a solid-state laser instead of a rotating mirror. This makes them more compact, reliable, and affordable than traditional LiDAR cameras. Solid-state LiDAR cameras are expected to play a major role in the future of autonomous vehicles, as they can provide high-resolution 3D images of the surrounding environment.
TOF cameras measure the distance to objects by measuring the time it takes for a pulse of light to travel from the camera to the object and back. TOF cameras are faster and more accurate than traditional cameras, and they can operate in low-light conditions. TOF cameras are expected to be used in a variety of automotive applications, including lane departure warning, pedestrian detection, and autonomous driving.
Bosch announced its surround-view system with AI-powered object recognition in July 2023. The system uses a combination of cameras and AI to identify objects in the surrounding environment, such as pedestrians, bicycles, and other vehicles. The system can also alert the driver to potential hazards.
Mobileye, an Intel company, announced its Drive4Night autonomous driving system in September 2023. The system uses a combination of cameras, radar, and lidar to detect and track objects on the road at night, even in very low-light conditions.
Continental announced its long-range radar for autonomous vehicles in June 2023. The radar can detect objects up to 300 meters away, which is significantly longer than the range of traditional radar systems. This allows autonomous vehicles to make more informed decisions about how to navigate the road.
Denso announced its high-resolution camera for ADAS features in May 2023. The camera has a resolution of 8 megapixels, which is significantly higher than the resolution of traditional cameras. This allows the camera to capture more detailed images, which is important for ADAS features such as lane departure warning and forward collision warning.
Valeo announced its lidar camera for autonomous vehicles in April 2023. The camera combines a lidar sensor with a camera to provide both high-resolution images and accurate 3D data. This is important for autonomous vehicles, as it allows them to make more informed decisions about how to navigate the road.
Unveiled at CES 2023, Ring’s Car Cam is a dual-facing dash camera that seamlessly integrates with the Ring app. It offers dual-recording capabilities, capturing both front and rear views of the road, and can be activated by motion, impact, or manually. Additionally, it features two-way talk, allowing drivers to communicate with people outside the vehicle, and remote live viewing, enabling users to monitor their car from anywhere.
The Nextbase 622GW Dash Cam is a premium dash camera with advanced features, including Emergency SOS, Amazon Alexa integration, and voice control. It captures high-resolution 4K Ultra HD footage and utilizes a wide field of view to capture a broad perspective of the road. Additionally, it features a parking mode that continuously records while the vehicle is parked, offering protection against vandalism or hit-and-run incidents.
The growth in popularity of L1 and L2 automated ADAS vehicles has been a major growth catalyst for the ADAS camera market. There is an increasing attempt to develop and combine cameras for easier usage. The attempt to combine control modules is also very prevalent
In China, many OEMs are now planning to launch L3 automated vehicles by 2020-21 and as per our Autonomous Car HD maps report, – up to 25 L3 automated vehicles from 15 OEMs could be offered by 2025.
Level 3 is the first step in the move from ADAS to autonomy. Successfully deployed Level 3 autonomy requires the driver to still be alert when the vehicle’s self-driving functions are active. Honda has announced that it will start mass producing the SAE Level 3 standard Honda Legend model. The first limited batch of models will be available for leasing in Japan in March 2021.
It is also observed that individual driver assistance functions, however, are even more effective when they are seamlessly integrated. To meet this level of autonomy ZF has developed Level 2+ technology for passenger cars by combining functions into an intelligent semi-automated solution with a central electronic control unit.
Magna is merging its experience in cameras and mirrors to help automakers make roads safer, as distracted driving remains one of the biggest causes of vehicle accidents throughout the world. Magna’s new Driver Monitoring System is cutting-edge technology that notifies drivers when they take their eyes off the road for an extended period. The market-ready technology is built inside an interior mirror and complies with international rules for distracted driving detection.
It uses proven camera-based technology to detect distracted driving, drowsiness, and exhaustion by monitoring the driver’s head, eye, and body movement. Furthermore, the system takes into account common driving activities like gazing in the side mirrors. If distracted driving is identified, the driver is notified by auditory or visual notifications that can be customized.
The camera’s integration with the interior mirror gives the driver the best unobstructed vision and the best vantage point for further occupant monitoring functions. The system can be expanded to include capabilities like child detection, seat belt detection, and identifying specific passengers to save user preferences.
The front-facing cameras are used for
This hardware will see growth due to an increase in penetration of adaptive cruise control, automatic emergency braking, and other safety features.
Due to legislation rearview cameras have 100% penetration in the USA, with Europe and China behind them in penetration.
The rear-facing cameras are used for
100%
This hardware will see growth due to the prevention of accidents, possible legislation in regions, and comfort provided to drivers. The side-facing cameras are used for mainly 360-degree views. The current development is focused on better images and integration from the sides for overall driver ease.
There are 304 passenger car models on sale in the US as of April 2021. Camera-based ADAS is offered at least as an option on 170+ models.
The top-selling models for Ford in the USA are F 150 (7 variants), Escape (5 variants), Explorer (6 variants), Fusion (4 variants) and Edge (4 variants). Among these all variants have pre-collision assist with automatic emergency braking as standard. Blind-spot monitoring is present across all the variants of Escape and Fusion without trailer coverage.
The top-selling models of Toyota in the USA are RAV4 (10 variants), Camry (12 variants), Corolla (8 variants), Tacoma (6 variants) and Highlander (5 variants). Automatic high beams are present across Camry, Corolla, and Tacoma variants. Pre-collision system with Pedestrian Detection is present across all variants of RAV 4, Camry, Corolla, Tacoma, and Highlander.
Honda’s top-selling vehicles in the USA in 2020 were CR-V (4 variants), Civic (5 variants), and Accord (6 variants). Lane keeping assist system is present across all variants of the above-mentioned vehicles. A rearview camera is standard across all variants of CR-V, Civic, and Accord.
Nissan’s top-selling vehicles in the USA in 2019 were the Rogue (3 variants), Sentra (3 variants), and Altima (5 variants). Automatic emergency braking is present in all Rogue and Sentra trims and 1 Altima variants. Forward collision warning is present in all Sentra and Altima trims.
RAM 1500 had an average transaction price of $60,000 in 2020. Out of the 7 variants, 4 had forward collision warning with active braking as part of a package. 1 trim had a Blind Spot monitoring system. 4 had adaptive cruise control and lane sense departure as part of a package.
GM is offering Autonomous Emergency braking as a standard fitment only on the popular Crossover Equinox, whereas the Silverado gets it only as an optional extra on 2 out of 8 trims. Adaptive cruise control is available on multiple models but only on the higher variants.
In the Premium segment, which accounted for ~12% of annual new car sales in the US in 2020, Adaptive cruise control is offered as a standard fitment on almost all models. Lexus offers a Blind spot information system only as an optional extra.
To learn more about the US Automotive Camera Market, read our report
Continental, a major automotive supplier with a North American headquarters in Auburn Hills, has purchased a sensor technology firm from Advanced Scientific Concepts Inc., a California-based company, to improve the company’s advanced driver assistance systems. The deal’s terms were not disclosed.
The technology enables a more detailed and accurate field of vision around the entire vehicle, regardless of day or night, or weather conditions, and delivers both real-time machine vision and environmental mapping functions. It’s clear to us that automated driving will be a critical component of future mobility, therefore we’re focusing on expanding and improving our advanced driver assistance systems portfolio.
Employees from Advanced Scientific Concepts, principally engineers, will join Continental’s chassis and safety division as a business sector inside the Advanced Driver Assistance Systems business unit under the terms of the agreement. In the long run, the company hopes to have more than 100 engineers working in this field.
Continental is a tire, brake, automotive safety, and engine component manufacturer based in Germany. The company has also created technologies that connect vehicles and pedestrians via cellphones, as well as a novel film technology that shades car windows, to help drivers be more aware of both passive and moving things.
Denso has developed new products for “Advanced Drive” technology that will be featured in the New Lexus LS & Toyota Mirai. New products include Lidar, a Locator Telescopic Camera, a Spatial Information Service Electronic Control Unit (SIS ECU), and an Automated Driving Extension Electronic Control Unit (ADX ECU). The telescopic camera is equipped with two types of cameras, one for short distances and the other for long distances. It is characterized by a long imaging distance and a large number of pixels, which increases accuracy.
Veoneer has developed 4th Gen Mono Vision cameras that, compared to previous versions offer a broader field of view, 100 degrees with a 1.7-megapixel resolution. The processor can trigger alarms, show graphical information to the driver, and automatically brake the car.
Veoneer has started production of a 4th generation “thermal sensing night vision” camera which is expected to have 4 times the resolution of the previous version and is also estimated to be 50% smaller & lighter. The 2021 Cadillac Escalade will be the first model to be equipped with this feature.
Continental launched satellite cameras to increase the safety and comfort level of the driver. Continental showcased a product that bundled various technologies into one single unit.
Continental showcased “Under the hood cameras” which will provide images of the ground beneath the car thereby helping in navigation and parking in areas with uneven terrains, roads with speed breakers, etc.
Bosch released a camera with Artificial Intelligence for improving the technology and increasing the range of the application. The improved ability to read signs, recognize pedestrians and obstacles, make faster decisions in terms of braking, and increase visual perception are some of the features that come with the integrated AI and camera launched
Bosch launched a smart camera for driver monitoring to improve safety. The interior monitoring camera can tell who is about to drive and adjust the rear-view mirror, seating position, steering-wheel height, and infotainment system to preset personal preferences.
Hitachi released a stereo camera that enables Automatic Emergency Braking at intersections. The stereo camera can enable breaking and this setup doesn’t require a radar
The EyeQ5 system-on-a-chip (SoC) was created by Mobileye, an Intel business, to enable autonomous vehicles. Up to six high-resolution automobile cameras can be supported, and it has sophisticated image processing skills. The EyeQ5 provides the computing capacity required for autonomous driving activities while enabling features like surround view, lane departure warning, and pedestrian recognition.
The IMX586 from Sony is a cutting-edge image sensor utilized in in-vehicle camera systems. It has a 48-megapixel resolution with Sony’s “Quad Bayer” color filter array, which improves dynamic range and low-light sensitivity. The IMX586 allows vehicle cameras can take high-resolution, detailed pictures in a variety of lighting situations, enhancing object recognition and safety.
Bosch’s Multi-Camera System: Bosch has created a Multi-Camera System for Vehicles named “Perfectly Keyed Multiple Camera System.” To produce a smooth, high-resolution panoramic view of the surroundings, this system incorporates numerous cameras with overlapping fields of view. The exact calibration and synchronization of the cameras allow for accurate object identification, greater driver assistance functions, and improve overall situational awareness.
The high-resolution camera system from Continental can take pictures with a resolution of up to 1.3 gigapixels. Continental is a leading automotive technology business. To provide a thorough and expansive view of the area around the vehicle, the camera makes use of many sensors and combines the photos in real time. The precise object detection, enhanced lane-keeping assistance, and sophisticated driver monitoring capabilities are made possible by this high-resolution camera.
A smart camera system for advanced driver assistance systems has been created by Aptiv, a worldwide technology company with a mobility solutions focus. High-resolution photography and AI algorithms for object detection, traffic sign recognition, and lane-keeping assistance are combined in their camera. Deep learning is used by the system to gradually improve its performance and adapt to different driving situations.
More than 15 camera manufacturers are supplying various platforms in the automotive camera market. Earlier, the suppliers were banking on the growth in Semi-autonomous technology for cars and more investments in fully autonomous prototypes but now as car manufacturers hold on to cash and shelve expensive projects, that opportunity will not be accessible at least till 2024-25.
Veoneer sales for the year 2020 saw a decline of 28% from $ 1.9B to $ 1.37B. The active safety segment witnessed a minimum drop in sales compared to other segments as it dropped by 12% from $ 708M to $ 624M.
Strong demand for mono, stereo, and night vision (thermal sensing) systems and ADAS ECUs on several models drove an increase in sales. However, this growth was more than offset by the negative product mix impact from 24GHz to 77GHz radar technology and the phase-out of mono-vision cameras on certain BMW models.
Of the $ 10.2B sales in 2020 Infineon’s automotive segment accounted for 43% of it i.e., ~$ 4.4B. There was a 7% growth in overall sales in 2020.
Denso’s Mobility Electronics accounted for 21% of the overall sales of $ 32.2B in the first 9 months of FY-2021. This segment saw a drop of 7% from $ 7.5B to $ 7B in FY-2021.
We expect a reduction in average B-2-B prices for ADAS cameras (both Mono and Stereo) as the market becomes more price-sensitive and highly dependent on ADAS fitment in passenger cars.
North America
The North American market, particularly the USA, will be one of the prime markets for (Automotive Camera Market) due to the nature of industrial automation in the region, high consumer spending compared to other regions, and the growth of various industries, mainly AI, along with constant technological advancements. The GDP of the USA is one of the largest in the world, and it is home to various industries such as Pharmaceuticals, Aerospace, and Technology. The average consumer spending in the region was $72K in 2023, and this is set to increase over the forecast period. Industries are focused on industrial automation and increasing efficiency in the region. This will be facilitated by the growth in IoT and AI across the board. Due to tensions in geopolitics, much manufacturing is set to shift towards the USA and Mexico, away from China. This shift will include industries such as semiconductors and automotive.
Europe
The European market, particularly Western Europe, is another prime market for (Automotive Camera Market) due to the strong economic conditions in the region, bolstered by robust systems that support sustained growth. This includes research and development of new technologies, constant innovation, and developments across various industries that promote regional growth. Investments are being made to develop and improve existing infrastructure, enabling various industries to thrive. In Western Europe, the margins for (Automotive Camera Market) are higher than in other parts of the world due to regional supply and demand dynamics. Average consumer spending in the region was lower than in the USA in 2023, but it is expected to increase over the forecast period.
Eastern Europe is anticipated to experience a higher growth rate compared to Western Europe, as significant shifts in manufacturing and development are taking place in countries like Poland and Hungary. However, the Russia-Ukraine war is currently disrupting growth in this region, with the lack of an immediate resolution negatively impacting growth and creating instability in neighboring areas. Despite these challenges, technological hubs are emerging in Eastern Europe, driven by lower labor costs and a strong supply of technological capabilities compared to Western Europe.
There is a significant boom in manufacturing within Europe, especially in the semiconductor industry, which is expected to influence other industries. Major improvements in the development of sectors such as renewable energy, industrial automation, automotive manufacturing, battery manufacturing and recycling, and AI are poised to promote the growth of (Automotive Camera Market) in the region.
Asia
Asia will continue to be the global manufacturing hub for (Automotive Camera Market) over the forecast period with China dominating the manufacturing. However, there will be a shift in manufacturing towards other Asian countries such as India and Vietnam. The technological developments will come from China, Japan, South Korea, and India for the region. There is a trend to improve the efficiency as well as the quality of goods and services to keep up with the standards that are present internationally as well as win the fight in terms of pricing in this region. The demand in this region will also be driven by infrastructural developments that will take place over the forecast period to improve the output for various industries in different countries.
There will be higher growth in the Middle East as investments fall into place to improve their standing in various industries away from petroleum. Plans such as Saudi Arabia Vision 2030, Qatar Vision 2030, and Abu Dhabi 2030 will cause developments across multiple industries in the region. There is a focus on improving the manufacturing sector as well as the knowledge-based services to cater to the needs of the region and the rest of the world. Due to the shifting nature of fossil fuels, the region will be ready with multiple other revenue sources by the time comes, though fossil fuels are not going away any time soon.
Africa
Africa is expected to see the largest growth in (Automotive Camera Market) over the forecast period, as the region prepares to advance across multiple fronts. This growth aligns with the surge of investments targeting key sectors such as agriculture, mining, financial services, manufacturing, logistics, automotive, and healthcare. These investments are poised to stimulate overall regional growth, creating ripple effects across other industries as consumer spending increases, access to products improves, and product offerings expand. This development is supported by both established companies and startups in the region, with assistance from various charitable organizations. Additionally, the presence of a young workforce will address various existing regional challenges. There has been an improvement in political stability, which has attracted and will continue to attract more foreign investments. Initiatives like the African Continental Free Trade Area (AfCFTA) are set to facilitate the easier movement of goods and services within the region, further enhancing the economic landscape.
RoW
Latin America and the Oceania region will showcase growth over the forecast period in (Automotive CameraMarket). In Latin America, the focus in the forecast period will be to improve their manufacturing capabilities which is supported by foreign investments in the region. This will be across industries mainly automotive and medical devices. There will also be an increase in mining activities over the forecast period in this region. The area is ripe for industrial automation to enable improvements in manufacturing across different industries and efficiency improvements. This will lead to growth of other industries in the region.
