The automotive camera market is expected to grow from US$ 6,911.10 million in 2021 to US$ 30,140.14 million by 2028. It is estimated to grow at a CAGR of 24.3% from 2022 to 2028.
Players in the automotive camera market are expected to have lucrative opportunities in the coming years, owing to the increasing demand for safety and driving comfort features. With the development of science and technology, automotive technology is improving rapidly. Also, automotive safety technology is involved gradually in all aspects of a car. Due to the increasing number of road traffic accidents, governments across the world have mandated to install cameras in all segments of vehicles. As per the report published by National Highway Traffic Safety Administration (NHTSA), the traffic fatalities in 2021 had shown an increase of about 10.5% compared to reported fatalities in 2020. The estimated fatalities are the highest number since 2005 and the largest annual percentage increase in the Fatality Analysis Reporting System’s history in the US. Thus, the government agencies strongly emphasized improving safety policies and standards along with significant investments in mitigating road accidents. In May 2022, the NHTSA approved US$ 740 million in funding for the 402 State and Community Grant Program, Section 1906 Racial Profiling Data Collection Grants, and Section 405 National Priority Safety Program. Thus, the increase in safety demands for safety and comfort is supporting the automotive camera market growth.
The growing adoption of advanced cameras in vehicles is driving the automotive camera market. The leading players providing the 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”. SVNet, a deep learning-based perception software, supports ADAS features, including highway driving assist and automated valet parking. In addition, the rear view camera provided by the STMicroelectronics for the 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 Global Shutter sensor (1.6 Mpixel & 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 environments. Thus, the rising adoption of advanced cameras bolsters the automotive camera market growth.
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Automotive Camera Market: Strategic Insights
Market Size Value in US$ 6,911.10 Million in 2021 Market Size Value by US$ 30,140.14 Million by 2028 Growth rate CAGR of 24.3% from 2022 to 2028 Forecast Period 2022-2028 Base Year 2021
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Automotive Camera Market: Strategic Insights
| Market Size Value in | US$ 6,911.10 Million in 2021 |
| Market Size Value by | US$ 30,140.14 Million by 2028 |
| Growth rate | CAGR of 24.3% from 2022 to 2028 |
| Forecast Period | 2022-2028 |
| Base Year | 2021 |
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Impact of COVID-19 Pandemic on Automotive Camera Market
With the ease of restrictions and reopening of business units, the adoption of EVs and sales of automotive vehicles are peaking, achieving the new normal. From 2021, market players have significantly invested in adopting advanced technology, leveraging the demand for automotive vehicles and making them more intelligent and secure. The COVID-19 pandemic has had a swift and severe impact on the globally integrated automotive industry. The pandemic disrupted the Chinese parts exports, large-scale manufacturing interruptions across Europe, and assembly plants in the US. All these factors are making a downshift in global demand. The pandemic forced businesses to restructure their business models, focusing on strengthening strategies to achieve economies of scale. Furthermore, technological advancement in the post-pandemic period has increased the adoption of automotive camera solutions that enable driverless driving, smart mobility, and enhanced safety features. Therefore, although the global automotive camera market plummeted initially due to the adverse impact of the COVID-19 pandemic and the related regulations, it has achieved a strong recovery from the pandemic and is expected to gain further strong recovery, owing to the rise in adoption of advanced technology across the globe.
Lucrative Regions for Automotive Camera Market
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Automotive Camera Market Insights
The growing advancement in the advanced driver assistance system (ADAS) is fueling the growth of the automotive camera market. The ADAS technology has improved the driving experience with added features, including stability controls, lane monitoring, and emergency braking. The system comprises technologically equipped sensors, such as radar sensors, cameras, LiDAR, ultrasonic sensors, infrared, and several actuators. The ongoing adoption of electric vehicles owing to stringent government regulations for carbon emissions is boosting the demand for ADAS, thereby driving the automotive camera market. In addition, the favorable regulatory policies for incorporating safety and comfort features in the automotive vehicles fuel the automotive camera market growth.
The increasing demand for safety and driving comfort features and the growing adoption of advanced cameras in vehicles are among the key factors driving the automotive camera market growth. The emergence of the COVID-19 pandemic has had a severe impact on the automotive industry across the world. The negative impact of the pandemic is witnessed in terms of the supply chain disruptions in part exports from China; interruptions in large-scale manufacturing across Europe; and the closure of assembly plants in the US, India, Brazil, and other major countries, where the automotive sector highly contributes to the GDP. The increasing demand for electric vehicles would create potential growth opportunities for the market in the coming years. The complicated wiring connections and increasing advanced technology usage require expensive small components. Using these components increases the installation cost of cameras, which restrains the growth of the automotive camera market.
Level of Autonomy-Based Market Insights
Based on level of autonomy, the automotive camera market is segmented into L1, L2, L3, and others. In 2021, the L1 segment accounted for the largest market share.
Owing to recent developments in the automotive sector, level 2 autonomy will grow substantially worldwide. The adaptive cruise control uses radar or cameras to determine the safe distance in front of the vehicle and stay within the speed limit. Only one camera is mounted in front view of the vehicle. The adaptive cruise control is used in passenger and commercial vehicles. Thus, the increasing in sale of automobiles from Level 1 segment is augmenting the demand for automotive cameras.
Automotive Camera Market Segments, During 2022–2028 (%)
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Type-Based Market Insights
Based on type, the automotive camera market is segmented into mono camera, surround-view camera, and rear-view camera. In 2021, the rear-view segment accounted for the largest market share.
Market players adopt strategies such as mergers, acquisitions, and market initiatives to maintain their positions in the automotive camera market. A few developments by key players in the market are listed below:
- In November 2021, Autoliv and SSAB collaborated to develop fossil-free steel from SSAB to manufacture automotive safety products.
- In April 2022, Valeo developed a one hundred millionth automotive nearfield camera at the Tuan site in Ireland. It is used to provide rear and surround view of the vehicle.
Company Profiles in Automotive Camera Market Report
- Aptiv PLC
- Autoliv Inc
- Continental AG
- FLIR Systems, Inc.
- Gentex Corporation
- Magna International Inc
- Robert Bosch GmbH
- Valeo
- Mobileye
- STONKAM CO., LTD.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
By Application, Type, Vehicle Type, Level of Autonomy, and Geography
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
The incremental growth of Automotive camera market during the forecast period is US $ 21985.04 million.
Passenger vehicles is the leading vehicle type segment in the Automotive camera market.
APAC is holding major market share of Automotive camera market.
Aptiv, Continental, Bosch, Valeo and FLIR are the five key players holding the major market share in the Automotive camera market.
The surging usage of ADAS for enhanced safety and comfort is the future trends for the Automotive camera market.
The Increasing demand for safety & driving comfort features and growing adoption of cameras in vehicles are driving the Automotive camera market
The Automotive camera market is estimated to grow at 30140.14 million US dollars in 2028 at a CAGR of 24.3%.
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Global Automotive Camera Market – By Propulsion
1.3.2 Global Automotive Camera Market – By Type
1.3.3 Global Automotive Camera Market – By Vehicle Type
1.3.4 Global Automotive Camera Market – By Level of Autonomy
1.3.5 Global Automotive Camera Market – By Geography
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Automotive Camera Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 APAC
4.2.4 MEA
4.2.5 SAM
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Automotive Camera Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing demand for Safety and Driving Comfort Features
5.1.2 Growing 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 Rising Demand for Electric Vehicles
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 – Global Market Analysis
6.1 Automotive Camera Market Global Overview
6.2 Global Automotive Camera Market Forecast and Analysis
6.3 Market Positioning- Top Five Players
7. Automotive Camera Market Revenue and Forecast to 2028 – Application
7.1 Overview
7.2 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. Automotive Camera Market – By Type
8.1 Overview
8.2 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. Automotive Camera Market – By Vehicle Type
9.1 Overview
9.2 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. Automotive Camera Market – By Level of Autonomy
10.1 Overview
10.2 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. Automotive Camera Market – Geographic Analysis
11.1 Overview
11.2 North America: Automotive Camera Market
11.2.1 North America: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
11.2.2 North America: Automotive Camera Market, By Type
11.2.3 North America: Automotive Camera Market, By Application
11.2.4 North America: Automotive Camera Market, By Vehicle Type
11.2.5 North America: Automotive Camera Market, By Level of Autonomy
11.2.6 North America: Automotive Camera Market, by Key Country
11.2.6.1 US: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
11.2.6.1.1 US: Automotive Camera Market, By Type
11.2.6.1.2 US: Automotive Camera Market, By Application
11.2.6.1.3 US: Automotive Camera Market, By Vehicle Type
11.2.6.1.4 US: Automotive Camera Market, By Level of Autonomy
11.2.6.2 Canada: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
11.2.6.2.1 Canada: Automotive Camera Market, By Type
11.2.6.2.2 Canada: Automotive Camera Market, By Application
11.2.6.2.3 Canada: Automotive Camera Market, By Vehicle Type
11.2.6.2.4 Canada: Automotive Camera Market, By Level of Autonomy
11.2.6.3 Mexico: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
11.2.6.3.1 Mexico: Automotive Camera Market, By Type
11.2.6.3.2 Mexico: Automotive Camera Market, By Application
11.2.6.3.3 Mexico: Automotive Camera Market, By Vehicle Type
11.2.6.3.4 Mexico: Automotive Camera Market, By Level of Autonomy
11.3 Europe: Automotive Camera Market
11.3.1 Europe: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
11.3.2 Europe: Automotive Camera Market, By Type
11.3.3 Europe: Automotive Camera Market, By Application
11.3.4 Europe: Automotive Camera Market, By Vehicle Type
11.3.5 Europe: Automotive Camera Market, By Level of Autonomy
11.3.6 Europe: Automotive Camera Market, by Key Country
11.3.6.1 Germany: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
11.3.6.1.1 Germany: Automotive Camera Market, By Type
11.3.6.1.2 Germany: Automotive Camera Market, By Application
11.3.6.1.3 Germany: Automotive Camera Market, By Vehicle Type
11.3.6.1.4 Germany: Automotive Camera Market, By Level of Autonomy
11.3.6.2 France: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
11.3.6.2.1 France: Automotive Camera Market, By Type
11.3.6.2.2 France: Automotive Camera Market, By Application
11.3.6.2.3 France: Automotive Camera Market, By Vehicle Type
11.3.6.2.4 France: Automotive Camera Market, By Level of Autonomy
11.3.6.3 Italy: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
11.3.6.3.1 Italy: Automotive Camera Market, By Type
11.3.6.3.2 Italy: Automotive Camera Market, By Application
11.3.6.3.3 Italy: Automotive Camera Market, By Vehicle Type
11.3.6.3.4 Italy: Automotive Camera Market, By Level of Autonomy
11.3.6.4 UK: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
11.3.6.4.1 UK: Automotive Camera Market, By Type
11.3.6.4.2 UK: Automotive Camera Market, By Application
11.3.6.4.3 UK: Automotive Camera Market, By Vehicle Type
11.3.6.4.4 UK: Automotive Camera Market, By Level of Autonomy
11.3.6.5 Russia: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
11.3.6.5.1 Russia: Automotive Camera Market, By Type
11.3.6.5.2 Russia: Automotive Camera Market, By Application
11.3.6.5.3 Russia: Automotive Camera Market, By Vehicle Type
11.3.6.5.4 Russia: Automotive Camera Market, By Level of Autonomy
11.3.6.6 Rest of Europe: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
11.3.6.6.1 Rest of Europe: Automotive Camera Market, By Type
11.3.6.6.2 Rest of Europe: Automotive Camera Market, By Application
11.3.6.6.3 Rest of Europe: Automotive Camera Market, By Vehicle Type
11.3.6.6.4 Rest of Europe: Automotive Camera Market, By Level of Autonomy
11.4 Asia Pacific: Automotive Camera Market
11.4.1 Asia Pacific: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
11.4.2 Asia Pacific: Automotive Camera Market, By Type
11.4.3 Asia Pacific: Automotive Camera Market, By Application
11.4.4 Asia Pacific: Automotive Camera Market, By Vehicle Type
11.4.5 Asia Pacific: Automotive Camera Market, By Level of Autonomy
11.4.6 Asia Pacific: Automotive Camera Market, by Key Country
11.4.6.1 Australia: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
11.4.6.1.1 Australia: Automotive Camera Market, By Type
11.4.6.1.2 Australia: Automotive Camera Market, By Application
11.4.6.1.3 Australia: Automotive Camera Market, By Vehicle Type
11.4.6.1.4 Australia: Automotive Camera Market, By Level of Autonomy
11.4.6.2 China: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
11.4.6.2.1 China: Automotive Camera Market, By Type
11.4.6.2.2 China: Automotive Camera Market, By Application
11.4.6.2.3 China: Automotive Camera Market, By Vehicle Type
11.4.6.2.4 China: Automotive Camera Market, By Level of Autonomy
11.4.6.3 India: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
11.4.6.3.1 India: Automotive Camera Market, By Type
11.4.6.3.2 India: Automotive Camera Market, By Application
11.4.6.3.3 India: Automotive Camera Market, By Vehicle Type
11.4.6.3.4 India: Automotive Camera Market, By Level of Autonomy
11.4.6.4 Japan: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
11.4.6.4.1 Japan: Automotive Camera Market, By Type
11.4.6.4.2 Japan: Automotive Camera Market, By Application
11.4.6.4.3 Japan: Automotive Camera Market, By Vehicle Type
11.4.6.4.4 Japan: Automotive Camera Market, By Level of Autonomy
11.4.6.5 South Korea: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
11.4.6.5.1 South Korea: Automotive Camera Market, By Type
11.4.6.5.2 South Korea: Automotive Camera Market, By Application
11.4.6.5.3 South Korea: Automotive Camera Market, By Vehicle Type
11.4.6.5.4 South Korea: Automotive Camera Market, By Level of Autonomy
11.4.6.6 Rest of APAC: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
11.4.6.6.1 Rest of APAC: Automotive Camera Market, By Type
11.4.6.6.2 Rest of APAC: Automotive Camera Market, By Application
11.4.6.6.3 Rest of APAC: Automotive Camera Market, By Vehicle Type
11.4.6.6.4 Rest of APAC: Automotive Camera Market, By Level of Autonomy
11.5 Middle East & Africa: Automotive Camera Market
11.5.1 Middle East & Africa: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
11.5.2 Middle East & Africa: Automotive Camera Market, By Type
11.5.3 Middle East & Africa: Automotive Camera Market, By Application
11.5.4 Middle East & Africa: Automotive Camera Market, By Vehicle Type
11.5.5 Middle East & Africa: Automotive Camera Market, By Level of Autonomy
11.5.6 Middle East & Africa: Automotive Camera Market, by Key Country
11.5.6.1 South Africa: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
11.5.6.1.1 South Africa: Automotive Camera Market, By Type
11.5.6.1.2 South Africa: Automotive Camera Market, By Application
11.5.6.1.3 South Africa: Automotive Camera Market, By Vehicle Type
11.5.6.1.4 South Africa: Automotive Camera Market, By Level of Autonomy
11.5.6.2 Saudi Arabia: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
11.5.6.2.1 Saudi Arabia: Automotive Camera Market, By Type
11.5.6.2.2 Saudi Arabia: Automotive Camera Market, By Application
11.5.6.2.3 Saudi Arabia: Automotive Camera Market, By Vehicle Type
11.5.6.2.4 Saudi Arabia: Automotive Camera Market, By Level of Autonomy
11.5.6.3 UAE: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
11.5.6.3.1 UAE: Automotive Camera Market, By Type
11.5.6.3.2 UAE: Automotive Camera Market, By Application
11.5.6.3.3 UAE: Automotive Camera Market, By Vehicle Type
11.5.6.3.4 UAE: Automotive Camera Market, By Level of Autonomy
11.5.6.4 Rest of MEA: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
11.5.6.4.1 Rest of MEA: Automotive Camera Market, By Type
11.5.6.4.2 Rest of MEA: Automotive Camera Market, By Application
11.5.6.4.3 Rest of MEA: Automotive Camera Market, By Vehicle Type
11.5.6.4.4 Rest of MEA: Automotive Camera Market, By Level of Autonomy
11.6 South America: Automotive Camera Market
11.6.1 South America: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
11.6.2 South America: Automotive Camera Market, By Type
11.6.3 South America: Automotive Camera Market, By Application
11.6.4 South America: Automotive Camera Market, By Vehicle Type
11.6.5 South America: Automotive Camera Market, By Level of Autonomy
11.6.6 South America: Automotive Camera Market, by Key Country
11.6.6.1 Brazil: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
11.6.6.1.1 Brazil: Automotive Camera Market, By Type
11.6.6.1.2 Brazil: Automotive Camera Market, By Application
11.6.6.1.3 Brazil: Automotive Camera Market, By Vehicle Type
11.6.6.1.4 Brazil: Automotive Camera Market, By Level of Autonomy
11.6.6.2 Argentina: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
11.6.6.2.1 Argentina: Automotive Camera Market, By Type
11.6.6.2.2 Argentina: Automotive Camera Market, By Application
11.6.6.2.3 Argentina: Automotive Camera Market, By Vehicle Type
11.6.6.2.4 Argentina: Automotive Camera Market, By Level of Autonomy
11.6.6.3 Rest of SAM: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
11.6.6.3.1 Rest of SAM: Automotive Camera Market, By Type
11.6.6.3.2 Rest of SAM: Automotive Camera Market, By Application
11.6.6.3.3 Rest of SAM: Automotive Camera Market, By Vehicle Type
11.6.6.3.4 Rest of SAM: Automotive Camera Market, By Level of Autonomy
12. Impact of COVID-19 Pandemic on Automotive Camera Market
12.1 Overview
12.2 North America: Impact Assessment of COVID-19 Pandemic
12.3 Europe: Impact Assessment of COVID-19 Pandemic
12.4 APAC: Impact Assessment of COVID-19 Pandemic
12.5 MEA: Impact Assessment of COVID-19 Pandemic
12.6 SAM: Impact Assessment of COVID-19 Pandemic
13. Industry Landscape
13.1 Market Initiative
13.2 New Development
14. Company Profile
14.1 Aptiv PLC
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 Autoliv Inc.
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 Continental AG
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 FLIR Systems, Inc.
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 Gentex Corporation
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 Magna International Inc
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 Robert Bosch GmbH
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
14.8 Valeo
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and Services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
14.8.6 Key Developments
14.9 Mobileye
14.9.1 Key Facts
14.9.2 Business Description
14.9.3 Products and Services
14.9.4 Financial Overview
14.9.5 SWOT Analysis
14.9.6 Key Developments
14.10 STONKAM CO.,LTD.
14.10.1 Key Facts
14.10.2 Business Description
14.10.3 Products and Services
14.10.4 Financial Overview
14.10.5 SWOT Analysis
14.10.6 Key Developments
15. Appendix
15.1 About The Insight Partners
15.2 Glossary
LIST OF TABLES
Table 1. Global Automotive Camera Market, Revenue and Forecast, 2019–2028 (US$ Million)
Table 2. North America: Automotive Camera Market, By Type– Revenue and Forecast to 2028 (US$ Million)
Table 3. North America: Automotive Camera Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 4. North America: Automotive Camera Market, By Vehicle Type – Revenue and Forecast to 2028 (US$ Million)
Table 5. North America: Automotive Camera Market, By Level of Autonomy – Revenue and Forecast to 2028 (US$ Million)
Table 6. North America: Automotive Camera Market, by Country – Revenue and Forecast to 2028 (US$ Million)
Table 7. US: Automotive Camera Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 8. US: Automotive Camera Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 9. US: Automotive Camera Market, By Vehicle Type– Revenue and Forecast to 2028 (US$ Million)
Table 10. US: Automotive Camera Market, By Level of Autonomy – Revenue and Forecast to 2028 (US$ Million)
Table 11. Canada: Automotive Camera Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 12. Canada: Automotive Camera Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 13. Canada: Automotive Camera Market, By Vehicle Type– Revenue and Forecast to 2028 (US$ Million)
Table 14. Canada: Automotive Camera Market, By Level of Autonomy – Revenue and Forecast to 2028 (US$ Million)
Table 15. Mexico: Automotive Camera Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 16. Mexico: Automotive Camera Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 17. Mexico: Automotive Camera Market, By Vehicle Type– Revenue and Forecast to 2028 (US$ Million)
Table 18. Mexico: Automotive Camera Market, By Level of Autonomy – Revenue and Forecast to 2028 (US$ Million)
Table 19. Europe: Automotive Camera Market, By Type– Revenue and Forecast to 2028 (US$ Million)
Table 20. Europe: Automotive Camera Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 21. Europe: Automotive Camera Market, By Vehicle Type – Revenue and Forecast to 2028 (US$ Million)
Table 22. Europe: Automotive Camera Market, By Level of Autonomy – Revenue and Forecast to 2028 (US$ Million)
Table 23. Europe: Automotive Camera Market, by Country – Revenue and Forecast to 2028 (US$ Million)
Table 24. Germany: Automotive Camera Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 25. Germany: Automotive Camera Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 26. Germany: Automotive Camera Market, By Vehicle Type– Revenue and Forecast to 2028 (US$ Million)
Table 27. Germany: Automotive Camera Market, By Level of Autonomy – Revenue and Forecast to 2028 (US$ Million)
Table 28. France: Automotive Camera Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 29. France: Automotive Camera Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 30. France: Automotive Camera Market, By Vehicle Type– Revenue and Forecast to 2028 (US$ Million)
Table 31. France: Automotive Camera Market, By Level of Autonomy – Revenue and Forecast to 2028 (US$ Million)
Table 32. Italy: Automotive Camera Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 33. Italy: Automotive Camera Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 34. Italy: Automotive Camera Market, By Vehicle Type– Revenue and Forecast to 2028 (US$ Million)
Table 35. Italy: Automotive Camera Market, By Level of Autonomy – Revenue and Forecast to 2028 (US$ Million)
Table 36. UK: Automotive Camera Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 37. UK: Automotive Camera Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 38. UK: Automotive Camera Market, By Vehicle Type– Revenue and Forecast to 2028 (US$ Million)
Table 39. UK: Automotive Camera Market, By Level of Autonomy – Revenue and Forecast to 2028 (US$ Million)
Table 40. Russia: Automotive Camera Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 41. Russia: Automotive Camera Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 42. Russia: Automotive Camera Market, By Vehicle Type– Revenue and Forecast to 2028 (US$ Million)
Table 43. Russia: Automotive Camera Market, By Level of Autonomy – Revenue and Forecast to 2028 (US$ Million)
Table 44. Rest of Europe: Automotive Camera Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 45. Rest of Europe: Automotive Camera Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 46. Rest of Europe: Automotive Camera Market, By Vehicle Type– Revenue and Forecast to 2028 (US$ Million)
Table 47. Rest of Europe: Automotive Camera Market, By Level of Autonomy – Revenue and Forecast to 2028 (US$ Million)
Table 48. Asia Pacific: Automotive Camera Market, By Type– Revenue and Forecast to 2028 (US$ Million)
Table 49. Asia Pacific: Automotive Camera Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 50. Asia Pacific: Automotive Camera Market, By Vehicle Type – Revenue and Forecast to 2028 (US$ Million)
Table 51. Asia Pacific: Automotive Camera Market, By Level of Autonomy – Revenue and Forecast to 2028 (US$ Million)
Table 52. Asia Pacific: Automotive Camera Market, by Country – Revenue and Forecast to 2028 (US$ Million)
Table 53. Australia: Automotive Camera Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 54. Australia: Automotive Camera Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 55. Australia: Automotive Camera Market, By Vehicle Type– Revenue and Forecast to 2028 (US$ Million)
Table 56. Australia: Automotive Camera Market, By Level of Autonomy – Revenue and Forecast to 2028 (US$ Million)
Table 57. China: Automotive Camera Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 58. China: Automotive Camera Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 59. China: Automotive Camera Market, By Vehicle Type– Revenue and Forecast to 2028 (US$ Million)
Table 60. China: Automotive Camera Market, By Level of Autonomy – Revenue and Forecast to 2028 (US$ Million)
Table 61. India: Automotive Camera Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 62. India: Automotive Camera Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 63. India: Automotive Camera Market, By Vehicle Type– Revenue and Forecast to 2028 (US$ Million)
Table 64. India: Automotive Camera Market, By Level of Autonomy – Revenue and Forecast to 2028 (US$ Million)
Table 65. Japan: Automotive Camera Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 66. Japan: Automotive Camera Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 67. Japan: Automotive Camera Market, By Vehicle Type– Revenue and Forecast to 2028 (US$ Million)
Table 68. Japan: Automotive Camera Market, By Level of Autonomy – Revenue and Forecast to 2028 (US$ Million)
Table 69. South Korea: Automotive Camera Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 70. South Korea: Automotive Camera Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 71. South Korea: Automotive Camera Market, By Vehicle Type– Revenue and Forecast to 2028 (US$ Million)
Table 72. South Korea: Automotive Camera Market, By Level of Autonomy – Revenue and Forecast to 2028 (US$ Million)
Table 73. Rest of APAC: Automotive Camera Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 74. Rest of APAC: Automotive Camera Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 75. Rest of APAC: Automotive Camera Market, By Vehicle Type– Revenue and Forecast to 2028 (US$ Million)
Table 76. Rest of APAC: Automotive Camera Market, By Level of Autonomy – Revenue and Forecast to 2028 (US$ Million)
Table 77. Middle East & Africa: Automotive Camera Market, By Type– Revenue and Forecast to 2028 (US$ Million)
Table 78. Middle East & Africa: Automotive Camera Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 79. Middle East & Africa: Automotive Camera Market, By Vehicle Type – Revenue and Forecast to 2028 (US$ Million)
Table 80. Middle East & Africa: Automotive Camera Market, By Level of Autonomy – Revenue and Forecast to 2028 (US$ Million)
Table 81. Middle East & Africa: Automotive Camera Market, by Country – Revenue and Forecast to 2028 (US$ Million)
Table 82. South Africa: Automotive Camera Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 83. South Africa: Automotive Camera Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 84. South Africa: Automotive Camera Market, By Vehicle Type– Revenue and Forecast to 2028 (US$ Million)
Table 85. South Africa: Automotive Camera Market, By Level of Autonomy – Revenue and Forecast to 2028 (US$ Million)
Table 86. Saudi Arabia: Automotive Camera Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 87. Saudi Arabia: Automotive Camera Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 88. Saudi Arabia: Automotive Camera Market, By Vehicle Type– Revenue and Forecast to 2028 (US$ Million)
Table 89. Saudi Arabia: Automotive Camera Market, By Level of Autonomy – Revenue and Forecast to 2028 (US$ Million)
Table 90. UAE: Automotive Camera Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 91. UAE: Automotive Camera Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 92. UAE: Automotive Camera Market, By Vehicle Type– Revenue and Forecast to 2028 (US$ Million)
Table 93. UAE: Automotive Camera Market, By Level of Autonomy – Revenue and Forecast to 2028 (US$ Million)
Table 94. Rest of MEA: Automotive Camera Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 95. Rest of MEA: Automotive Camera Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 96. Rest of MEA: Automotive Camera Market, By Vehicle Type– Revenue and Forecast to 2028 (US$ Million)
Table 97. Rest of MEA: Automotive Camera Market, By Level of Autonomy – Revenue and Forecast to 2028 (US$ Million)
Table 98. South America: Automotive Camera Market, By Type– Revenue and Forecast to 2028 (US$ Million)
Table 99. South America: Automotive Camera Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 100. South America: Automotive Camera Market, By Vehicle Type – Revenue and Forecast to 2028 (US$ Million)
Table 101. South America: Automotive Camera Market, By Level of Autonomy – Revenue and Forecast to 2028 (US$ Million)
Table 102. South America: Automotive Camera Market, by Country – Revenue and Forecast to 2028 (US$ Million)
Table 103. Brazil: Automotive Camera Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 104. Brazil: Automotive Camera Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 105. Brazil: Automotive Camera Market, By Vehicle Type– Revenue and Forecast to 2028 (US$ Million)
Table 106. Brazil: Automotive Camera Market, By Level of Autonomy – Revenue and Forecast to 2028 (US$ Million)
Table 107. Argentina: Automotive Camera Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 108. Argentina: Automotive Camera Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 109. Argentina: Automotive Camera Market, By Vehicle Type– Revenue and Forecast to 2028 (US$ Million)
Table 110. Argentina: Automotive Camera Market, By Level of Autonomy – Revenue and Forecast to 2028 (US$ Million)
Table 111. Rest of SAM: Automotive Camera Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 112. Rest of SAM: Automotive Camera Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 113. Rest of SAM: Automotive Camera Market, By Vehicle Type– Revenue and Forecast to 2028 (US$ Million)
Table 114. Rest of SAM: Automotive Camera Market, By Level of Autonomy – Revenue and Forecast to 2028 (US$ Million)
Table 115. Glossary of Terms, Automotive Camera Market
LIST OF FIGURES
Figure 1. Automotive Camera Market Segmentation
Figure 2. Automotive Camera Market Segmentation – Geography
Figure 3. Automotive Camera Market Overview
Figure 4. Automotive Camera Market, By Application
Figure 5. Automotive Camera Market, By Type
Figure 6. Automotive Camera Market, By Vehicle Type
Figure 7. Automotive Camera Market, By Level of Autonomy
Figure 8. Automotive Camera Market, By Region
Figure 9. North America: PEST Analysis
Figure 10. Europe: PEST Analysis
Figure 11. APAC: PEST Analysis
Figure 12. MEA: PEST Analysis
Figure 13. SAM: PEST Analysis
Figure 14. Automotive Camera Market Ecosystem Analysis
Figure 15. Expert Opinion
Figure 16. Automotive Camera Market: Impact Analysis of Drivers and Restraints
Figure 17. Geographic Overview of Automotive Camera Market
Figure 18. Global Automotive Camera Market, Forecast and Analysis (US$ Million)
Figure 19. Market Positioning- Top Five Players
Figure 20. Automotive Camera Market Revenue Share, By Application (2021 and 2028)
Figure 21. PARK ASSIST: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. ADAS: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Automotive Camera Market Revenue Share, By Type (2021 and 2028)
Figure 24. Mono Camera: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Surround View Camera: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Rear View Camera: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. Automotive Camera Market Revenue Share, By Vehicle Type (2021 and 2028)
Figure 28. Passenger Cars: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. Commercial Vehicle: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. Automotive Camera Market Revenue Share, By Level of Autonomy (2021 and 2028)
Figure 31. L1: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. L2: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
Figure 33. L3: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
Figure 34. Others: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
Figure 35. Global Automotive Camera Market Revenue Share, by Region (2021 & 2028)
Figure 36. North America: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
Figure 37. North America: Automotive Camera Market Revenue Share, By Type (2021 & 2028)
Figure 38. North America: Automotive Camera Market Revenue Share, By Application (2021 & 2028)
Figure 39. North America: Automotive Camera Market Revenue Share, By Vehicle Type (2021 & 2028)
Figure 40. North America: Automotive Camera Market Revenue Share, By Level of Autonomy (2021 & 2028)
Figure 41. North America: Automotive Camera Market Revenue Share, by Key Country (2021 & 2028)
Figure 42. US: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
Figure 43. Canada: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
Figure 44. Mexico: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
Figure 45. Europe: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
Figure 46. Europe: Automotive Camera Market Revenue Share, By Type (2021 & 2028)
Figure 47. Europe: Automotive Camera Market Revenue Share, By Application (2021 & 2028)
Figure 48. Europe: Automotive Camera Market Revenue Share, By Vehicle Type (2021 & 2028)
Figure 49. Europe: Automotive Camera Market Revenue Share, By Level of Autonomy (2021 & 2028)
Figure 50. Europe: Automotive Camera Market Revenue Share, by Key Country (2021 & 2028)
Figure 51. Germany: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
Figure 52. France: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
Figure 53. Italy: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
Figure 54. UK: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
Figure 55. Russia: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
Figure 56. Rest of Europe: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
Figure 57. Asia Pacific: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
Figure 58. Asia Pacific: Automotive Camera Market Revenue Share, By Type (2021 & 2028)
Figure 59. Asia Pacific: Automotive Camera Market Revenue Share, By Application (2021 & 2028)
Figure 60. Asia Pacific: Automotive Camera Market Revenue Share, By Vehicle Type (2021 & 2028)
Figure 61. Asia Pacific: Automotive Camera Market Revenue Share, By Level of Autonomy (2021 & 2028)
Figure 62. Asia Pacific: Automotive Camera Market Revenue Share, by Key Country (2021 & 2028)
Figure 63. Australia: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
Figure 64. China: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
Figure 65. India: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
Figure 66. Japan: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
Figure 67. South Korea: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
Figure 68. Rest of APAC: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
Figure 69. Middle East & Africa: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
Figure 70. Middle East & Africa: Automotive Camera Market Revenue Share, By Type (2021 & 2028)
Figure 71. Middle East & Africa: Automotive Camera Market Revenue Share, By Application (2021 & 2028)
Figure 72. Middle East & Africa: Automotive Camera Market Revenue Share, By Vehicle Type (2021 & 2028)
Figure 73. Middle East & Africa: Automotive Camera Market Revenue Share, By Level of Autonomy (2021 & 2028)
Figure 74. Middle East & Africa: Automotive Camera Market Revenue Share, by Key Country (2021 & 2028)
Figure 75. South Africa: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
Figure 76. Saudi Arabia: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
Figure 77. UAE: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
Figure 78. Rest of MEA: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
Figure 79. South America: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
Figure 80. South America: Automotive Camera Market Revenue Share, By Type (2021 & 2028)
Figure 81. South America: Automotive Camera Market Revenue Share, By Application (2021 & 2028)
Figure 82. South America: Automotive Camera Market Revenue Share, By Vehicle Type (2021 & 2028)
Figure 83. South America: Automotive Camera Market Revenue Share, By Level of Autonomy (2021 & 2028)
Figure 84. South America: Automotive Camera Market Revenue Share, by Key Country (2021 & 2028)
Figure 85. Brazil: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
Figure 86. Argentina: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
Figure 87. Rest of SAM: Automotive Camera Market – Revenue and Forecast to 2028 (US$ Million)
Figure 88. Impact of COVID-19 Pandemic on North American Country Markets
Figure 89. Impact of COVID-19 Pandemic on European Country Markets
Figure 90. Impact of COVID-19 Pandemic on APAC Country Markets
Figure 91. Impact of COVID-19 Pandemic on MEA Country Markets
Figure 92. Impact of COVID-19 Pandemic on SAM Country Markets
The List of Companies - Automotive Camera Market
- Aptiv PLC
- Autoliv Inc.
- Continental AG
- FLIR Systems, Inc.
- Gentex Corporation
- Magna International Inc.
- Robert Bosch GmbH
- Valeo
- Mobileye
- Stonkam Co., Ltd.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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