Reliable Data You Can Trust
Reliable Data You Can Trust
A recent report published by Infinium Global Research on the
automotive split-view camera module market provides an in-depth analysis of
segments and sub-segments in the global as well as regional automotive
split-view camera module market. The study also highlights the impact of
drivers, restraints, and macro indicators on the global and regional automotive
split-view camera module market over the short term as well as long term. The
report is a comprehensive presentation of trends, forecast and dollar values of
the global automotive split-view camera module market. According to the report,
the global automotive split-view camera module market is projected to grow at a
CAGR of 13.8% over the forecast period of 2019-2025.
The automotive split-view camera is a wide-angle lens on
both sides (front-back) of the vehicle. This camera can cover a larger area of
view (180 degrees) than a traditional camera (130 degrees), and it sends the
video on the vehicle’s screen. Then the video splits into three parts on the
screen as left, center, and right of the driver. It helps to drive in the
traffic, packed parking lots and reduces the risk of accidents. The split view
gets shut off as soon as the vehicle reaches a speed of 6.2 mph (10 kph). Ford
had first introduced the split view in its 2015 Ford Edge and 2016 Explorer
models in the USA and China. One of the key trends is the Front split view that
has an edge over other vehicles having an only rearview. The front split view
is expected to come to the new Ford S-MAX and Galaxy models in Europe. Ford has
also announced that the split view will be implemented on its all SUV models
globally by 2020.
The increase in awareness regarding safety among customers,
increasing demand for vehicles with advanced safety features is the factor
driving the growth of the automotive split-view camera module market. Stringent
vehicular safety regulations across the world are boosting the market. The
government initiatives such as promoting the camera system are the factor
enhancing the automotive split-view camera module market. Further, Increasing
innovations and technological advancements are the factors impelling the
automotive split-view camera module market. The installation of an automotive
split-view camera involves the additional installation of components resulting
in an increased overall cost of the vehicles. Also, if cameras incorporated in
the system get damaged, the consumers replace the entire automotive split-view
camera that incurs a huge cost. However, the high cost of the automotive
split-view camera yet remains one of the major restraints to the automotive
split-view camera module market. Moreover, the availability of better
alternatives is also hampering the automotive split-view camera module market.
The development of automotive split-view cameras with a 180-degree view is the
factor that offers a favorable opportunity in the automotive split-view cameras
market.
Geographically, Asia Pacific is the dominant region in the
automotive split-view cameras market. Deployment of new production facilities
and an increase in automotive sales results in a surge of expenditures and upcoming
passengers are the factors driving the growth of the automotive split-view
cameras market in the Asia Pacific region. North America is expected to grow at
a healthy CAGR in the forecast period. The increasing government initiatives
regarding awareness of automotive split-view cameras market and innovation of
technologies are expected to drive the growth of the market in North America.
The report on the global automotive split-view camera module
market covers segments such as type, application, and vehicle type. On the
basis of type, the sub-markets include CCD chip and CMOS chip. On the basis of
application, the sub-markets include OEMs and the aftermarket. On the basis of
vehicle type, the sub-markets include passenger vehicles and commercial
vehicles.
The report provides profiles of the companies in the market
such as Robert Bosch GmbH, Continental AG, Aptiv PLC, Valeo SA, Rosco, Inc.,
Ford Motor Company, Clarion Co., Ltd., Nissan Motor Company Ltd., MapmyIndia,
and Other companies.
The report provides deep insights into the demand forecasts,
market trends, and micro and macro indicators. In addition, this report
provides insights into the factors that are driving and restraining the growth
in this market. Moreover, The IGR-Growth Matrix analysis given in the report
brings an insight into the investment areas that existing or new market players
can consider. The report provides insights into the market using analytical
tools such as Porter's five forces analysis and DRO analysis of the automotive
split-view camera module market. Moreover, the study highlights current market
trends and provides forecast from 2019-2025. We also have highlighted future
trends in the market that will affect the demand during the forecast period.
Moreover, the competitive analysis given in each regional market brings an
insight into the market share of the leading players.
Please Choose One of them.