. Automotive cameras are implanted with computer algorithms to capture the highest quality video in order to improve driver visibility, thereby enhancing safety. These cameras assume vital job in advanced driver assistance systems (ADAS), which include technologies such as blind spot detection and lane departure warning. Additionally, government regulations are expected to drive automotive camera market in India in coming years.
Passenger car segment led the market in 2018 and is anticipated to register strong growth during forecast period, on the back of increasing number of low-priced car models and improving road infrastructure. On the basis of technology, the market has been classified into digital camera and thermal camera. Cameras with different configurations assist in applications such as parking assistance, blind spot detection, driver monitoring system, lane departure warning, etc.
Some of the major players operating in the market are Minda Automotive Solutions, Denso India Limited, Robert Bosch GmbH and Delphi Automotive. Continental AG is teaming up with significant market pioneers, for example, IBM and Cisco are developing cutting-edge technologies for automotive digitization.
“Road accidents and road rage incidents across the country have increased at a significant rate over the past few years. Number of government initiatives such as Automotive Mission Plan, in addition to growing technological advancements and increasing penetration of players in the country, are further anticipated to propel demand for automotive cameras during the forecast period.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
India automotive camera market is projected to grow at a CAGR of over 20%
1. INDIA AUTOMOTIVE CAMERA MARKET
FORECAST & OPPORTUNITIES
2019 – 2029F
M A R K E T I N T E L L I G E N C E . C O N S U L T I N G www.techsciresearch.com
21. About Us & Disclaimer
TechSci Research is a global market research and consulting company with offices in the US, UK and India. TechSci Research provides market research reports in
number of areas to organizations. The company uses innovative business models that focus on improving By Productivity, while ensuring creation of high-quality
analyses of both industry-specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’ model of a country, regional and global
company activity and industry trends, the result is a uniquely rich evaluation of the opportunities available in the market.
Related Reports
The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made that it is timely,
accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sources including which it
considers reliable and first hand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness of any information and it is not responsible
for any errors or omissions or for the results obtained from the use of such information and especially states that it has no financial liability whatsoever to the
subscribers / users of this report. The information herein, together with all estimates and forecasts, can change without notice. All the figures provided in this
document are indicative of relative market size and are strictly for client’s internal consumption. Usage of the same for purpose other than internal will require prior
approval of TechSci Research.
TechSci Research – North America
3040 Post Oak, 18th Floor,
Houston, Texas 77506
United States
Tel:+1 3322586602
Email: sales@techsciresearch.com
www.techsciresearch.com
Disclaimer
TechSci Research – Asia-Pacific
B – 44, Sector – 57, Noida,
National Capital Region,
U.P. - India
Tel: +91-120-4523900
Email: sales@techsciresearch.com
www.techsciresearch.com
TechSci Research – Asia-Pacific
501-A, Pinnacle Corporate Park
Bandra Kurla Complex, Bandra-East,
Mumbai 400052, India
Tel: +91-120-4523900
Email: sales@techsciresearch.com
www.techsciresearch.com
• United States Tire Market By Vehicle Type (Passenger Car Light Commercial Vehicle, Medium & Heavy Commercial Vehicle, Two Wheelers, Three
Wheelers, OTR), By Tire Type (Radial, Bias), By Demand Category Type (OEM, Replacement), and By Region, Competition, Forecast &
Opportunities, 2028
• UAE Light Commercial Vehicle Market By Vehicle Type (Pickup Truck, Van & Light Bus), By Fuel Type (Diesel, Gasoline & Alternate), By End Use
(Individuals Vs Fleet Owner), and by Region, Competition Forecast & Opportunities, 2018 – 2028