Europe Automotive Camera Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Application (Park Assist and ADAS), Type (Mono Camera, Surround View Camera, and Rear View Camera), Vehicle Type (Passenger Cars and Commercial Vehicle), and Level of Autonomy (L1, L2, L3, and Others)       

Code: BMIRE00026047 | Pages: 152 | Industry: Automotive and Transportation | Date: Sep 2022 | Type: Regional

The automotive camera market in Europe is expected to grow from US$ 2,414.23 million in 2022 to US$ 8,439.24 million by 2028; it is estimated to grow at a CAGR of 23.2% from 2022 to 2028.

 

The Europe automotive camera market growth is attributable to the rising adoption of advanced cameras in vehicles. The automotive cameras assist the driver in parking, maneuvering, and assessing the vehicle's performance. The camera systems have played a crucial role in a few recent applications, including Lane Departure Warning Systems (LWDS), Forward Collision Warning System (FCWS), and Blind Spot Warning (BSW). In light and heavy commercial vehicles, the adoption of automotive cameras is growing in various system solutions, such as rear view camera, surround view camera, e-mirror, and driver monitoring systems (DMS). The cameras can be embedded with advanced computer vision algorithms for real machine vision systems for the advanced driver assistance systems (ADAS). Thus, the increase in applications of cameras in automotive vehicles and the rise in technological advancements fuel the adoption of advanced cameras in cars.

 

The leading players providing automotive cameras are significantly adopting advanced technologies. For instance, in May 2021, StradVision, a leading company in AI-based vision processing technology for autonomous vehicles and automotive ADAS, introduced the latest features of camera perception software named “SVNet”. It is a deep learning-based perception software that supports ADAS features, including highway driving assist and automated valet parking. In addition, the rear view camera provided by STMicroelectronics for automotive vehicles caters to various applications, such as state-of-the-art HDR image sensors VG6640 and a versatile image signal processor (ISP) that offers excellent flicker-free image quality at HD resolution. It also provides its product offerings for Driver Monitoring System (DMS) applications, through its HDR Europe Shutter sensor (1.6 Mpixel and 2.3 Mpixel), along with a multichannel voltage regulator and automotive-led drivers, MEMS sensors, ensuring greater flexibility for high-end computer vision applications in critical weather conditions and environments. Thus, the rising adoption of advanced cameras bolsters the automotive camera market growth.

 

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe automotive camera market at a substantial CAGR during the forecast period.

 

Europe Automotive Camera Market Revenue and Forecast to 2028 (US$ Million)

Europe Automotive Camera Market Revenue and Forecast to 2028 (US$ Million)

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Europe Automotive Camera Market Segmentation

 

The Europe automotive camera market is segmented into application, type, vehicle type, level of autonomy, and country. Based on application, the Europe automotive camera market is bifurcated into park assist and ADAS. The park assist segment accounted for a larger market share in 2022. Based on type, the Europe automotive camera market is categorized into mono camera, surround view camera, and rear view camera. The rear view camera segment accounted for the largest market share in 2022, owing to increasing awareness for safe driving that needs the proportion of cars with a rear view camera. Based on vehicle type, the Europe automotive camera market is bifurcated into passenger cars and commercial vehicle. The passenger cars segment accounted for a larger market share in 2022 owing to growing initiatives for introducing regulatory policies for safety and comfort for passenger vehicles. Based on level of autonomy, the automotive camera market is segmented into L1, L2, L3, and others. The L1 segment accounted for a larger market share in 2022. Moreover, the L2 segment is projected to observe significant growth during the forecast period owing to the growing demand for driver assistance systems. Based on country, the Europe automotive camera market is segmented into France, Germany, Italy, Russia, the UK, the Rest of Europe. Germany held the largest market share in 2022.  

 

Aptiv PLC; Autoliv Inc.; Continental AG; FLIR Systems, Inc.; Gentex Corporation; Magna International Inc.; Mobileye; Robert Bosch GmbH; Stonkam Co., Ltd.; and Valeo are among the leading companies operating in the Europe automotive camera market.   

1.           Introduction

1.1         Scope of the Study

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

1.3.1        Europe Automotive Camera Market – By Propulsion

1.3.2        Europe Automotive Camera Market – By Type

1.3.3        Europe Automotive Camera Market – By Vehicle Type

1.3.4        Europe Automotive Camera Market – By Level of Autonomy

1.3.5        Europe Automotive Camera Market – By Country

2.           Key Takeaways

3.        Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           Europe Automotive Camera Market Landscape

4.1         Market Overview

4.2         Europe PEST Analysis

4.3         Ecosystem Analysis

4.4         Expert Opinion

5.           Europe Automotive Camera Market - Key Market Dynamics

5.1         Market Drivers

5.1.1        Increasing demand for Safety and Driving Comfort Features

5.1.2        Rising Adoption of Advanced Cameras in Vehicles

5.2         Market Restraints

5.2.1       High Installation Cost of Advanced Cameras

5.3         Market Opportunities

5.3.1        Electric Vehicles at High Demand

5.4         Market Trends

5.4.1        Surging Usage of Advanced Driver Assistance Systems (ADAS)

5.5         Impact Analysis of Drivers and Restraints

6.           Automotive Camera Market – Europe Market Analysis

6.1         Europe Automotive Camera Market Europe Overview

6.1.1        Europe: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)

7.           Europe Automotive Camera Market Revenue and Forecast to 2028 – Application

7.1         Overview

7.2         Europe Automotive Camera Market, By Application (2021 and 2028)

7.3         PARK ASSIST

7.3.1        Overview

7.3.2        PARK ASSIST: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)

7.4         ADAS

7.4.1        Overview

7.4.2        ADAS: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)

8.           Europe Automotive Camera Market – By Type

8.1         Overview

8.2         Europe Automotive Camera Market, By Type (2021 and 2028)

8.3         Mono Camera

8.3.1        Overview

8.3.2        Mono Camera: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)

8.4         Surround View Camera

8.4.1        Overview

8.4.2        Surround View Camera: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)

8.5         Rear View Camera

8.5.1        Overview

8.5.2        Rear View Camera: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)

9.           Europe Automotive Camera Market – By Vehicle Type

9.1         Overview

9.2         Europe Automotive Camera Market, By Vehicle Type (2021 and 2028)

9.3         Passenger Cars

9.3.1        Overview

9.3.2        Passenger Cars: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)

9.4         Commercial Vehicle

9.4.1        Overview

9.4.2        Commercial Vehicle: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)

10.        Europe Automotive Camera Market – By Level of Autonomy

10.1      Overview

10.2      Europe Automotive Camera Market, By Level of Autonomy (2021 and 2028)

10.3      L1

10.3.1     Overview

10.3.2     L1: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)

10.4      L2

10.4.1     Overview

10.4.2     L2: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)

10.5      L3

10.5.1     Overview

10.5.2     L3: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)

10.6      Others

10.6.1     Overview

10.6.2     Others: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)

11.        Europe Automotive Camera Market – Country Analysis

11.1      Overview

11.1.1     Europe: Automotive Camera Market, by Key Country

11.1.1.1       Germany: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.1.1       Germany: Automotive Camera Market, By Type

11.1.1.1.2       Germany: Automotive Camera Market, By Application

11.1.1.1.3       Germany: Automotive Camera Market, By Vehicle Type

11.1.1.1.4       Germany: Automotive Camera Market, By Level of Autonomy

11.1.1.2       France: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.2.1       France: Automotive Camera Market, By Type

11.1.1.2.2       France: Automotive Camera Market, By Application

11.1.1.2.3       France: Automotive Camera Market, By Vehicle Type

11.1.1.2.4       France: Automotive Camera Market, By Level of Autonomy

11.1.1.3       Italy: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.3.1       Italy: Automotive Camera Market, By Type

11.1.1.3.2       Italy: Automotive Camera Market, By Application

11.1.1.3.3       Italy: Automotive Camera Market, By Vehicle Type

11.1.1.3.4       Italy: Automotive Camera Market, By Level of Autonomy

11.1.1.4       UK: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.4.1       UK: Automotive Camera Market, By Type

11.1.1.4.2       UK: Automotive Camera Market, By Application

11.1.1.4.3       UK: Automotive Camera Market, By Vehicle Type

11.1.1.4.4       UK: Automotive Camera Market, By Level of Autonomy

11.1.1.5       Russia: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.5.1       Russia: Automotive Camera Market, By Type

11.1.1.5.2       Russia: Automotive Camera Market, By Application

11.1.1.5.3       Russia: Automotive Camera Market, By Vehicle Type

11.1.1.5.4       Russia: Automotive Camera Market, By Level of Autonomy

11.1.1.6       Rest of Europe: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.6.1       Rest of Europe: Automotive Camera Market, By Type

11.1.1.6.2       Rest of Europe: Automotive Camera Market, By Application

11.1.1.6.3       Rest of Europe: Automotive Camera Market, By Vehicle Type

11.1.1.6.4       Rest of Europe: Automotive Camera Market, By Level of Autonomy

12.        Industry Landscape

12.1      Market Initiative

12.2      New Development

13.        Company Profile

13.1      Aptiv PLC

13.1.1     Key Facts

13.1.2     Business Description

13.1.3     Products and Services

13.1.4     Financial Overview

13.1.5     SWOT Analysis

13.1.6     Key Developments

13.2      Autoliv Inc.

13.2.1     Key Facts

13.2.2     Business Description

13.2.3     Products and Services

13.2.4     Financial Overview

13.2.5     SWOT Analysis

13.2.6     Key Developments

13.3      Continental AG

13.3.1     Key Facts

13.3.2     Business Description

13.3.3     Products and Services

13.3.4     Financial Overview

13.3.5     SWOT Analysis

13.3.6     Key Developments

13.4      FLIR Systems, Inc.

13.4.1     Key Facts

13.4.2     Business Description

13.4.3     Products and Services

13.4.4     Financial Overview

13.4.5     SWOT Analysis

13.4.6     Key Developments

13.5      Gentex Corporation

13.5.1     Key Facts

13.5.2     Business Description

13.5.3     Products and Services

13.5.4     Financial Overview

13.5.5     SWOT Analysis

13.5.6     Key Developments

13.6      Magna International Inc

13.6.1     Key Facts

13.6.2     Business Description

13.6.3     Products and Services

13.6.4     Financial Overview

13.6.5     SWOT Analysis

13.6.6     Key Developments

13.7      Robert Bosch GmbH

13.7.1     Key Facts

13.7.2     Business Description

13.7.3     Products and Services

13.7.4     Financial Overview

13.7.5     SWOT Analysis

13.7.6     Key Developments

13.8      Valeo

13.8.1     Key Facts

13.8.2     Business Description

13.8.3     Products and Services

13.8.4     Financial Overview

13.8.5     SWOT Analysis

13.8.6     Key Developments

13.9      Mobileye

13.9.1     Key Facts

13.9.2     Business Description

13.9.3     Products and Services

13.9.4     Financial Overview

13.9.5     SWOT Analysis

13.9.6     Key Developments

13.10   STONKAM CO.,LTD.

13.10.1  Key Facts

13.10.2  Business Description

13.10.3  Products and Services

13.10.4  Financial Overview

13.10.5  SWOT Analysis

13.10.6  Key Developments

14.        Appendix

14.1      About The Insight Partners

14.2      Glossary

LIST OF TABLES

Table 1.             Europe Automotive Camera Market, Revenue and Forecast, 2019–2028 (US$ Million)

Table 2.             Europe: Automotive Camera Market, by Country – Revenue and Forecast to 2028 (US$ Million)

Table 3.             Germany: Automotive Camera Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 4.             Germany: Automotive Camera Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 5.             Germany: Automotive Camera Market, By Vehicle Type– Revenue and Forecast to 2028 (US$ Million)

Table 6.             Germany: Automotive Camera Market, By Level of Autonomy – Revenue and Forecast to 2028 (US$ Million)

Table 7.             France: Automotive Camera Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 8.             France: Automotive Camera Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 9.             France: Automotive Camera Market, By Vehicle Type– Revenue and Forecast to 2028 (US$ Million)

Table 10.          France: Automotive Camera Market, By Level of Autonomy – Revenue and Forecast to 2028 (US$ Million)

Table 11.          Italy: Automotive Camera Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 12.          Italy: Automotive Camera Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 13.          Italy: Automotive Camera Market, By Vehicle Type– Revenue and Forecast to 2028 (US$ Million)

Table 14.          Italy: Automotive Camera Market, By Level of Autonomy – Revenue and Forecast to 2028 (US$ Million)

Table 15.          UK: Automotive Camera Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 16.          UK: Automotive Camera Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 17.          UK: Automotive Camera Market, By Vehicle Type– Revenue and Forecast to 2028 (US$ Million)

Table 18.          UK: Automotive Camera Market, By Level of Autonomy – Revenue and Forecast to 2028 (US$ Million)

Table 19.          Russia: Automotive Camera Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 20.          Russia: Automotive Camera Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 21.          Russia: Automotive Camera Market, By Vehicle Type– Revenue and Forecast to 2028 (US$ Million)

Table 22.          Russia: Automotive Camera Market, By Level of Autonomy – Revenue and Forecast to 2028 (US$ Million)

Table 23.          Rest of Europe: Automotive Camera Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 24.          Rest of Europe: Automotive Camera Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 25.          Rest of Europe: Automotive Camera Market, By Vehicle Type– Revenue and Forecast to 2028 (US$ Million)

Table 26.          Rest of Europe: Automotive Camera Market, By Level of Autonomy – Revenue and Forecast to 2028 (US$ Million)

Table 27.          Glossary of Terms, Europe Automotive Camera Market

 

 

LIST OF FIGURES

Figure 1.           Europe Automotive Camera Market Segmentation

Figure 2.           Europe Automotive Camera Market Segmentation – Country

Figure 3.           Europe Automotive Camera Market Overview

Figure 4.           Europe Automotive Camera Market, By Application

Figure 5.           Europe Automotive Camera Market, By Type

Figure 6.           Europe Automotive Camera Market, By Country

Figure 7.           Europe: PEST Analysis

Figure 8.           Europe Automotive Camera Market Ecosystem Analysis

Figure 9.           Expert Opinion

Figure 10.        Europe Automotive Camera Market: Impact Analysis of Drivers and Restraints

Figure 11.        Europe: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)

Figure 12.        Europe Automotive Camera Market Revenue Share, By Application (2021 and 2028)

Figure 13.        Europe PARK ASSIST: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)

Figure 14.        Europe ADAS: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)

Figure 15.        Europe Automotive Camera Market Revenue Share, By Type (2021 and 2028)

Figure 16.        Europe Mono Camera: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)

Figure 17.        Europe Surround View Camera: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)

Figure 18.        Europe Rear View Camera: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)

Figure 19.        Europe Automotive Camera Market Revenue Share, By Vehicle Type (2021 and 2028)

Figure 20.        Europe Passenger Cars: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)

Figure 21.        Europe Commercial Vehicle: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)

Figure 22.        Europe Automotive Camera Market Revenue Share, By Level of Autonomy (2021 and 2028)

Figure 23.        Europe L1: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)

Figure 24.        Europe L2: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)

Figure 25.        Europe L3: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)

Figure 26.        Europe Others: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)

Figure 27.        Europe: Automotive Camera Market, by Key Country – Revenue (2021) (US$ Million)

Figure 28.        Europe: Automotive Camera Market Revenue Share, by Key Country (2021 & 2028)

Figure 29.        Germany: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)

Figure 30.        France: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)

Figure 31.        Italy: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)

Figure 32.        UK: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)

Figure 33.        Russia: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)

Figure 34.        Rest of Europe: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)

  1. Aptiv PLC
  2. Autoliv Inc.
  3. Continental AG
  4. FLIR Systems, Inc.
  5. Gentex Corporation
  6. Magna International Inc.
  7. Mobileye
  8. Robert Bosch GmbH
  9. Stonkam Co., Ltd.
  10. Valeo
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