Market Overview

Global Automotive Stereo Camera Market 2018-2022| ADAS Witnessing Shift from Mono to Stereo Cameras to Fuel Growth| Technavio

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The global automotive stereo camera market is expected to post a CAGR of
nearly 16% during the period 2018-2022, according to the latest
market research report by Technavio.
However, the growth momentum of the market is expected to decelerate due
to a decline in the year-over-year growth.

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Technavio has published a new market research report on the global automotive stereo camera market f ...

Technavio has published a new market research report on the global automotive stereo camera market from 2018-2022. (Graphic: Business Wire)

A key factor driving the growth of the market is the growing demand for
automotive safety solutions. Increasing concerns about vehicle safety
are one of the key drivers for the development of advanced automotive
safety systems. The demand for safety features like ACC system, lane
assists systems, FCW systems is increasing at a rapid rate owing to the
increasing accident rate. As all these systems are integrated with
stereo cameras, any increase in their demand will directly impact the
growth of the global automotive stereo camera market. Off late, these
advanced systems are not confined just to the premium segment vehicles.
With growing awareness of safety systems and technologies, the demand
for installation of such system is increasing in all vehicle segments.

This market research report on the global
automotive stereo camera market 2018-2022
also provides an
analysis of the most important trends expected to impact the market
outlook during the forecast period. Technavio classifies an emerging
trend as a major factor that has the potential to significantly impact
the market and contribute to its growth or decline.

This report is available at a USD 1,000 discount for a limited time
only:
View
market snapshot before purchasing

In this report, Technavio highlights ADAS's shift from mono to stereo
cameras as one of the key emerging trends in the global automotive
stereo camera market:

Global automotive stereo camera market: ADAS
witnessing shift from mono to stereo cameras

ADAS essentially consists of sub-systems and features that work
independently or are combined to provide assistance that is not only
confined to safety but spans over comfort and convenience features as
well. The ADAS landscape is ever-changing with constant changes
engendered by the advances in automotive and non-automotive electronics,
along with the advent of smart and enhanced algorithms that are
constantly in search of near-human intelligence. This has led to a shift
from monocular cameras to stereo cameras, which earlier transited from
radar-based to camera-based systems.

"AEBS is becoming a prime ADAS application owing to less response
time for driver in an application like FCW. The advantage of a stereo
camera in the AEBS market is a positive factor for the future growth of
the global automotive stereo camera market,"
says a senior analyst
at Technavio for research on automotive electronics.

Global automotive stereo camera market:
Segmentation analysis

This market research report segments the global automotive stereo camera
market by application (passenger cars and commercial vehicles) and
geographical regions (APAC, EMEA, and the Americas).

The passenger cars segment held the largest market share in 2017,
accounting for nearly 90% of the market. This application segment is
expected to dominate the global market throughout the forecast period.

The Americas led the market in 2017 with a market share of nearly 44%.
However, by 2022, EMEA is expected to surpass the Americas to become the
leading region in the market.

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Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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