China Automotive Camera Market Overview, 2029

China Automotive Camera Market Overview, 2029

China's automotive industry was growing quickly in the early 2010s, and this helped the country's automotive camera market take off. A vast array of advanced driver-assistance systems (ADAS) and camera technologies are now available on the market, having first been propelled by the growing popularity of fundamental safety features like rear view cameras. Government incentives for safety and environmental requirements, the increase in vehicle ownership, and technological developments in camera systems have all contributed to the market's growth. As a result of the general movement to improve vehicle safety and driving ease, the incorporation of advanced technologies like surround view systems and lane departure alerts became more widespread by the late 2010s. Stricter specifications for camera systems connected to lane maintaining and collision avoidance were incorporated in the 2021 update to the China Automotive Technology and Research Centre (CATARC) rules. The government has also established aggressive goals for the creation and implementation of driverless cars, which has fuelled the market for automotive cameras to expand even further. Significant research and development expenditures are being made by leading Chinese automakers and tech firms to improve the functionality, boost image resolution, and integrate car cameras with AI-driven systems for real-time data processing. Furthermore, there has been a notable increase in partnerships between local companies and foreign technology suppliers. Because of the pandemic's effects on consumer spending and economic uncertainty, car sales also temporarily decreased. But when the pandemic's effects subsided, the market started to improve, marked by a sharp increase in car sales and a sharper focus on incorporating cutting-edge safety technology.

According to the research report, ""China Automotive Camera Market Outlook, 2029,"" published by Bonafide Research, the China automotive camera market is anticipated to add to more than USD 1,460 Million by 2024–29. China's automotive camera market plays a significant role in the global automotive industry, demonstrating the nation's rapid technical breakthroughs and growing emphasis on automation and vehicle safety. A strong growth trajectory has resulted from the car industry's expansion and consumer demand for more convenience and safety features. First, in order to improve ADAS capabilities, there is an increasing focus on combining cameras with AI and machine learning technology. More advanced capabilities including greater object detection, real-time image processing, and increased decision-making for autonomous driving systems are made possible by this integration. In order to increase car safety and driver assistance, there is also a trend towards greater resolution and multifunctional cameras, such as surround view and advanced driver monitoring systems. The market is also anticipated to grow as 5G technology advances since it will allow for faster data transmission and more seamless integration of connected car technologies. China revised its car safety regulations in 2021 and increased the requirements for Advanced Driver Assistance Systems (ADAS) features, such as lane departure warning systems and cameras for collision prevention. The integration of advanced camera systems into new car models is the subject of agreements between global technology providers like Bosch and domestic automotive titans like BYD. AI-powered camera systems and autonomous driving technologies are also being advanced through partnerships between tech companies and academic institutes.

Different types of cameras, such as Rear View, Front View, Side View, and Surround View, are essential for improving vehicle safety and driving convenience in China's automotive camera market. Because of their extensive coverage and sophisticated features, Surround View Cameras are currently the most popular type of camera on the market. They are starting to appear more frequently in mid-range models as well as in higher-end automobiles. The need for more convenience and safety features is what is driving the incorporation of surround view systems. The purpose of the front-facing cameras is to keep an eye on the road ahead of the car. They are essential components of systems like adaptive cruise control and front collision warning. These cameras assist drivers in spotting possible hazards in their path and keeping a safe distance from other cars. Side view cameras are installed on the sides of the car to help with lane changes and to cover blind areas. They provide drivers with a view of the surroundings around their car that is not available with conventional mirrors. In China, side view camera usage is expanding, particularly in light of the need for more extensive ADAS and the implementation of stricter safety regulations.In the Chinese automobile camera market, Huawei is a prominent domestic player, especially when it comes to surround view systems.

The market dynamics of China's automotive camera industry are influenced by the different needs and demands of different vehicle types, such as passenger cars, light commercial vehicles, electric vehicles (EVs), and heavy commercial vehicles. In China, the market for automotive cameras is dominated by the passenger car segment. Advanced camera technology including surround view, side view, front view, and rear view cameras greatly benefit these cars. The demand for these technologies in passenger automobiles has increased significantly due to the integration of Advanced Driver-Assistance Systems (ADAS) and the growing emphasis on vehicle safety. Because of stricter safety rules and more customer awareness, the passenger car camera industry is growing quickly. LCV cameras are frequently utilised for parking assistance, blind spot monitoring, and improving sight for drivers who frequently stop and go. China's booming e-commerce and logistics industries have increased demand for LCVs with advanced video systems to enhance fleet safety and administration. High-resolution camera and sensor technologies are being adopted by EV manufacturers more frequently in order to enhance the whole driving experience and match their cutting-edge powertrains. The growing popularity of EVs is opening up new markets for technology companies and camera suppliers who specialise in the electric vehicle market. The necessity to increase operating efficiency and adhere to safety requirements is what drives the need for cameras in big commercial trucks.

Adoption of digital, infrared, and thermal camera technologies is critical to improving vehicle safety and driver assistance systems in China's automotive camera market. Because of these technologies' widespread applicability, affordability, and seamless integration into a variety of vehicle models, digital cameras are currently dominating the Chinese automotive camera market. Digital cameras are already commonplace in many new cars and are crucial for daily safety functions. In order to provide features like surround view and front and rear view monitoring, digital cameras are commonly combined with ADAS (Advanced Driver-Assistance Systems) and run on standard optical sensors. Digital cameras are widely used because of their low cost, simplicity of integration, and capacity to provide high-quality image data that is necessary for in-the-moment decision-making. Applications for infrared cameras include sophisticated collision avoidance and night vision systems. China is becoming a more infrared-aware nation as a result of rising consumer demand for better driving assistance systems and improved night-time safety. Advanced safety systems that need to detect objects with great precision, such sophisticated pedestrian detection systems and adaptive headlights, use thermal cameras. As thermal cameras become more widely available and are incorporated into higher-end car models, the demand for them is growing. China's top domestic manufacturer, Hikvision, is leading the way in camera technology. Hikvision is well-known for its cutting-edge thermal, infrared, and digital imaging technologies, and it has made great progress in fusing these into automotive applications.

Advanced Driver-Assistance Systems (ADAS) such Blind Spot Detection, Park Assist Systems, Lane Assistance, Collision Avoidance, and Driver Monitoring Systems are essential for improving vehicle safety and driving experience in China's automotive camera market. These technologies' crucial role in reducing accidents and enhancing road safety has made collision avoidance and lane assistance the most popular in China. Due to strict safety rules and consumer desire for cutting-edge safety features, these technologies are becoming more and more mainstream in new cars. Lane assistance is a common ADAS feature in China, where it is used extensively to improve driver convenience and safety. In China, where the automotive industry is quickly incorporating these cutting-edge features, the need for collision avoidance systems is driven by the increased emphasis on lowering traffic accidents and enhancing road safety. Blind Spot detection systems monitor blind spots and notify the driver of the presence of objects or cars that can not be apparent through conventional mirrors. They do this by installing cameras on the sides or back of the vehicle. Because this technology can help avoid accidents during lane changes and merging manoeuvres, it is growing in popularity in China. Park assist systems are widely used in both luxury and mainstream automobiles in China, which is a testament to their acceptance and usefulness. Utilising inside cameras, driver monitoring systems monitor attention and behaviour, sending out alerts when they notice indications of distraction or tiredness. As part of a larger initiative to improve driver safety and encourage the development of semi-autonomous driving features, this technology is gaining popularity in China.

The OEM (Original Equipment Manufacturer) and aftermarket sales channels have different but complimentary responsibilities to play in the delivery of camera technology to customers in China's automobile camera market. Because of its volume and the incorporation of cutting-edge camera systems into newly released vehicles from major manufacturers, the OEM sales channel is the market leader in China. Large-scale production and the option to incorporate cameras straight into vehicle designs, which guarantees smooth integration and adherence to safety regulations, are advantageous for the OEM channel. Because of their excellent integration quality and compatibility with car systems, manufacturers favour OEM solutions. Prominent automakers like BYD, Geely, and Great Wall Motors are major participants in this market, incorporating cutting-edge camera systems into their latest car models. Automotive cameras and related equipment are sold through the aftermarket sales channel as upgrades or replacement parts for vehicles that are already in use. A wide variety of products and a competitive market with plenty of suppliers and installers define the aftermarket market. Growing consumer awareness of car safety and the accessibility of retrofit solutions with features like parking assistance and rear view cameras are driving this segment's rise.

Considered in this report
• Historic year: 2018
• Base year: 2023
• Estimated year: 2024
• Forecast year: 2029

Aspects covered in this report
• Automotive Camera market Outlook with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By View Type
• Rear View
• Front View
• Side View
• Surround View

By Vehicle Type
• Passenger Car
• Light Commercial Vehicle
• Electric Vehicles (EVs)
• Heavy Commercial Vehicle

By Technology
• Digital
• Infrared
• Thermal

By Application Type
• ADAS (Lane Assistance, Collision Avoidance, Blind Spot Detection)
• Park Assist System
• Others (Driver Monitoring Systems)

By Sales Channel
• OEMs
• Aftermarket

The approach of the report:
This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, and government-generated reports and databases. After gathering the data from secondary sources, primary research was conducted by conducting telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started making primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations, and organizations related to the Automotive Camera industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.