North America Automotive Camera Market Size, Share & Trends Analysis Report By Technology Type (Digital Camera, Thermal Camera, and Infrared Camera), By Application, By Vehicle Type, By Country and Growth Forecast, 2023 - 2030
The North America Automotive Camera Market would witness market growth of 9.7% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 7,662.5 thousand units, showcasing a growth of 8.9% (2019-2022).
The traditional rearview mirror undergoes a digital metamorphosis with the advent of smart rearview mirrors equipped with cameras. These mirrors provide unobstructed rear views and offer auto-dimming, blind-spot detection, and high-resolution displays. Concurrently, driver monitoring systems, empowered by interior-facing cameras, enhance driver safety by monitoring attentiveness, fatigue, and potential distractions. Beyond safety and autonomy, automotive cameras are contributing to immersive in-car experiences. Interior cameras enable gesture recognition, facial recognition for personalized settings, and mood monitoring for adaptive lighting and music.
The fusion of augmented reality and cameras transforms windshields into information displays, providing real-time navigation cues and enhancing overall driving experiences. Furthermore, a prominent trend in the market is the proliferation of multi-camera configurations. Vehicles are increasingly equipped with front-view, rearview, side-view, and surround-view cameras, creating a comprehensive visual sensor network. This trend enhances safety features and contributes to developing holistic monitoring and control systems.
Mexico has become a prominent manufacturing hub for the automotive industry. Many major automakers have established production facilities in Mexico to take advantage of cost-effective labor, proximity to the U.S. market, and trade agreements such as the United States-Mexico-Canada Agreement (USMCA). As Mexican consumers become more tech-savvy and demand vehicles with advanced features, the automotive industry may respond by incorporating technologies like camera-based systems. As per the data from the International Trade Administration, Mexico ranks the seventh-largest producer globally, with an annual production of 3.5 million passenger vehicles. Out of the total number of vehicles manufactured in Mexico, 88 percent are exported, with 76 percent being allocated to the United States. Therefore, the growing automotive sector in North America will assist in the expansion of the regional market.
The US market dominated the North America Automotive Camera Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $3,827.9 Million by 2030. The Canada market is experiencing a CAGR of 12.1% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 11.2% during (2023 - 2030).
Based on Technology Type, the market is segmented into Digital Camera, Thermal Camera, and Infrared Camera. Based on Application, the market is segmented into Adaptive Cruise Control System, Park Assist System, Blind Spot Detection, Driver Monitoring System, Autonomous Emergency Braking System, Lane Departure Warning System, and Others. Based on Vehicle Type, the market is segmented into Passenger Car, Light Commercial Vehicle, and Heavy Commercial Vehicle. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Denso Corporation
- Aptiv PLC
- Siemens AG
- Magna International, Inc.
- Valeo SA
- OmniVision Technologies, Inc.
- ZF Friedrichshafen AG
- AMBARELLA, INC.
- Robert Bosch GmbH
- Continental AG
By Technology Type (Volume, Thousand Units, USD Billion, 2019-2030)
- Digital Camera
- Thermal Camera
- Infrared Camera
- Adaptive Cruise Control System
- Park Assist System
- Blind Spot Detection
- Driver Monitoring System
- Autonomous Emergency Braking System
- Lane Departure Warning System
- Others
- Passenger Car
- Light Commercial Vehicle
- Heavy Commercial Vehicle
- US
- Canada
- Mexico
- Rest of North America
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Automotive Camera Market, by Technology Type
- 1.4.2 North America Automotive Camera Market, by Application
- 1.4.3 North America Automotive Camera Market, by Vehicle Type
- 1.4.4 North America Automotive Camera Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Opportunities
- 3.2.3 Market Restraints
- 3.2.4 Market Challenges
- Chapter 4. Competition Analysis - Global
- 4.1 KBV Cardinal Matrix
- 4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
- 4.3 Market Share Analysis, 2022
- 4.4 Top Winning Strategies
- 4.4.1 Key Leading Strategies: Percentage Distribution (2019-2023)
- 4.4.2 Key Strategic Move: (Product Launches and Product Expansions : 2020, Jan – 2024, Jan) Leading Players
- 4.5 Porter’s Five Forces Analysis
- Chapter 5. North America Automotive Camera Market, by Technology Type
- 5.1 North America Digital Camera Market, by Country
- 5.2 North America Thermal Camera Market, by Country
- 5.3 North America Infrared Camera Market, by Country
- Chapter 6. North America Automotive Camera Market, by Application
- 6.1 North America Adaptive Cruise Control System Market, by Country
- 6.2 North America Park Assist System Market, by Country
- 6.3 North America Blind Spot Detection Market, by Country
- 6.4 North America Driver Monitoring System Market, by Country
- 6.5 North America Autonomous Emergency Braking System Market, by Country
- 6.6 North America Lane Departure Warning System Market, by Country
- 6.7 North America Others Market, by Country
- Chapter 7. North America Automotive Camera Market, by Vehicle Type
- 7.1 North America Passenger Car Market, by Country
- 7.2 North America Light Commercial Vehicle Market, by Country
- 7.3 North America Heavy Commercial Vehicle Market, by Country
- Chapter 8. North America Automotive Camera Market, by Country
- 8.1 US Automotive Camera Market
- 8.1.1 US Automotive Camera Market, by Technology Type
- 8.1.2 US Automotive Camera Market, by Application
- 8.1.3 US Automotive Camera Market, by Vehicle Type
- 8.2 Canada Automotive Camera Market
- 8.2.1 Canada Automotive Camera Market, by Technology Type
- 8.2.2 Canada Automotive Camera Market, by Application
- 8.2.3 Canada Automotive Camera Market, by Vehicle Type
- 8.3 Mexico Automotive Camera Market
- 8.3.1 Mexico Automotive Camera Market, by Technology Type
- 8.3.2 Mexico Automotive Camera Market, by Application
- 8.3.3 Mexico Automotive Camera Market, by Vehicle Type
- 8.4 Rest of North America Automotive Camera Market
- 8.4.1 Rest of North America Automotive Camera Market, by Technology Type
- 8.4.2 Rest of North America Automotive Camera Market, by Application
- 8.4.3 Rest of North America Automotive Camera Market, by Vehicle Type
- Chapter 9. Company Profiles
- 9.1 Denso Corporation
- 9.1.1 Company Overview
- 9.1.2 Financial Analysis
- 9.1.3 Regional Analysis
- 9.1.4 Recent strategies and developments:
- 9.1.4.1 Product Launches and Product Expansions:
- 9.1.5 SWOT Analysis
- 9.2 Aptiv PLC
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Segmental and Regional Analysis
- 9.2.4 Research & Development Expense
- 9.2.5 Recent strategies and developments:
- 9.2.5.1 Partnerships, Collaborations, and Agreements:
- 9.2.5.2 Product Launches and Product Expansions:
- 9.2.5.3 Acquisition and Mergers:
- 9.2.6 SWOT Analysis
- 9.3 Siemens AG
- 9.3.1 Company Overview
- 9.3.2 Financial Analysis
- 9.3.3 Segmental and Regional Analysis
- 9.3.4 Research & Development Expense
- 9.3.5 Recent strategies and developments:
- 9.3.5.1 Partnerships, Collaborations, and Agreements:
- 9.3.5.2 Acquisition and Mergers:
- 9.3.6 SWOT Analysis
- 9.4 Magna International, Inc.
- 9.4.1 Company Overview
- 9.4.2 Financial Analysis
- 9.4.3 Segmental and Regional Analysis
- 9.4.4 Research & Development Expenses
- 9.4.5 SWOT Analysis
- 9.5 Valeo SA
- 9.5.1 Company Overview
- 9.5.2 Financial Analysis
- 9.5.3 Segmental and Regional Analysis
- 9.5.4 Research & Development Expense
- 9.5.5 Recent strategies and developments:
- 9.5.5.1 Partnerships, Collaborations, and Agreements:
- 9.5.6 SWOT Analysis
- 9.6 OmniVision Technologies, Inc.
- 9.6.1 Company Overview
- 9.6.2 Recent strategies and developments:
- 9.6.2.1 Partnerships, Collaborations, and Agreements:
- 9.6.2.2 Product Launches and Product Expansions:
- 9.6.3 SWOT Analysis
- 9.7 ZF Friedrichshafen AG
- 9.7.1 Company Overview
- 9.7.2 Financial Analysis
- 9.7.3 Regional Analysis
- 9.7.4 Research & Development Expenses
- 9.7.5 Recent strategies and developments:
- 9.7.5.1 Product Launches and Product Expansions:
- 9.7.6 SWOT Analysis
- 9.8 AMBARELLA, INC.
- 9.8.1 Company Overview
- 9.8.2 Financial Analysis
- 9.8.3 Regional Analysis
- 9.8.4 Research & Development Expenses
- 9.8.5 Recent strategies and developments:
- 9.8.5.1 Product Launches and Product Expansions:
- 9.8.5.2 Acquisition and Mergers:
- 9.8.6 SWOT Analysis
- 9.9 Robert Bosch GmbH
- 9.9.1 Company Overview
- 9.9.2 Financial Analysis
- 9.9.3 Segmental and Regional Analysis
- 9.9.4 Research & Development Expense
- 9.9.5 Recent strategies and developments:
- 9.9.5.1 Product Launches and Product Expansions:
- 9.9.6 SWOT Analysis
- 9.10. Continental AG
- 9.10.1 Company Overview
- 9.10.2 Financial Analysis
- 9.10.3 Segmental and Regional Analysis
- 9.10.4 Research & Development Expense
- 9.10.5 Recent strategies and developments:
- 9.10.5.1 Partnerships, Collaborations, and Agreements:
- 9.10.6 SWOT Analysis
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