Global Automotive Camera & Camera Module Market to reach USD 15.48 billion by 2027
Global Automotive Camera & Camera Module Market is valued approximately at USD 7.04 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 11.9% over the forecast period 2021-2027. Automotive cameras & camera modules are used to improve the vehicle's drivability by providing greater visibility. These cameras are primarily used to help drivers with parking, evaluating vehicle performance, night vision, and gathering important vehicle information. The Automotive Camera & Camera Module market is being driven by growing trends of multiple camera-based smartphones, rising public safety and security concerns which lead to adoption of surveillance cameras. Moreover, emergence of autonomous vehicles has further ignited the market. For instance, the 2020 Honda Fit priced at USD 17,120, was released in December 2020. The car was equipped with a rear-view camera that displays visuals from the rear of the vehicle on a display located in the vehicle's center. However, high cost of multi-camera systems deployment in vehicles may impede market growth over the forecast period of 2021-2027.

The regional analysis of the Automotive Camera & Camera Module Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific has emerged as a significant region across the world in terms of market share due to the presence of some of the leading smartphone and other consumer device in the region. Whereas North America is also anticipated to exhibit the highest CAGR over the forecast period 2021-2027 due to increasing use of electric and autonomous vehicles in the region.

Major market player included in this report are:
Hyundai Mobis Co.
Aptiv PLC
Veoneer Inc.
Continental AG
DENSO Corporation
Ficosa Internacional SA
Magna International Inc.
Intel Corporation
Robert Bosch GmbH
ZF Friedrichshafen AG

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Component:
Image Sensors
Lens Modules
Voice Coil Motors
Others

By Focus Type:
Fixed-focus
Autofocus

By Application:
Consumer Electronics
Automotive
Healthcare
Industrial
Security & Surveillance
Aerospace & Defense

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.

Target Audience of the Automotive Camera & Camera Module (PSF) Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors