Automotive Rear Camera Market

An automotive rear camera, installed at the back of the vehicle, provides visuals and images of the backside of the vehicle through the camera lens. The automotive rear camera consists of various types of image capturing and video recording systems to provide vital information such as traffic, obstruction behind the vehicle, distance between the vehicle and the object behind the vehicle. Technological enhancements have led to the development of new and improved vehicle cameras such as night-vision camera, wide-angle camera, and infra-red camera, which provide vital information to the driver while driving or parking the vehicle. Cameras, presently, are capable of recording high-resolution and high-definition real-time videos for improved vision, which can help the driver to navigate safely. Previously, drivers depended entire on the side and front-back mirrors while reversing and parking the vehicle; however, automotive rear cameras have made backing up the vehicle more secure and safe with less distraction during parking and overtaking.

The automotive rear camera is designed and integrated in such a way that it captures very wide area and export the information quickly and efficiently. Demand for automotive rear cameras is expected to rise during the forecast period, as modern vehicles are getting smarter, connected, and user-friendly, which is the major reason for vehicles incorporating high number of electrical equipment and systems. This, in turn, is anticipated to propel the demand of the automotive rear camera.

It provides information of the vehicles overtaking and obstruction present behind the vehicle. Furthermore, this information can be displayed at the center console screen/display, side mirrors, or front-back mirrors. The rear camera helps reduce distraction while parking as the driver has to constantly check the side mirrors or front back mirrors. Increasing demand for safe and secure vehicles has propelled the demand for the automotive rear camera. Surge in demand for more electronically operated systems along with automated systems is expected to drive the automotive rear camera market during the forecast period. Installation of automotive rear camera in the vehicle is to increase the performance and safety of the vehicle’s power window system and also to reduce the drivers and passenger’s effort. The major restraint for the automotive rear camera is the data breach and wrong information which can lead major drawbacks for the driver.

The global automotive rear camera market can be segmented based on technology, application, vehicle type, sales channel, and region. Based on technology, the automotive rear camera market can be bifurcated into infrared camera, digital camera, and thermal camera. In terms of application, the automotive rear camera market can be classified into lane departure warning system, park assist system, adaptive cruise driver monitoring system, control system, blind spot detection, and autonomous emergency braking system. Based on vehicle type, the automotive rear camera market can classified into passenger vehicle, light commercial vehicle, and heavy commercial vehicle. Based on region, the global automotive rear camera market can be split into Asia Pacific, Middle East & Africa, Europe, Latin America, and North America. The automotive rear camera market in Europe is expected to expand significantly, as countries such as Germany, France, and the U.K. in Western Europe, are among the major countries that manufacture a considerably high number of premium and technologically advanced vehicles, which can be a major market for the automotive rear camera. In terms of sales channel, the market can be bifurcated into as OEM and aftermarket sales.

Key players operating in the global automotive rear camera market include Robert Bosch GmbH, Automation Engineering Inc., Continental AG, Stonkam Co., Ltd., Aptiv PLC, Autoliv Inc., Mobileye N.V., OmniVision Technologies, Valeo, and Magna International Inc.