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Germany Automotive Camera Market Opportunities, Industry 2031

Germany Automotive Camera Market

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Segments - by Vehicle Types (Passenger Vehicles and Commercial Vehicles), Types (Viewing Cameras and Sensing Cameras), Applications (ADAS and Parking), and Country - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

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Author :

Akash Vedpathak

Fact-checked by :

Amulya Agarwal

Editor :

Shreyas Tandon

Report Description

The Germany automotive camera market size was USD XX Billion in 2022 and is likely to reach USD XX Billion by 2031, expanding at a CAGR of 13% during 2023–2031. The growth of the market is attributed to the increasing stringent regulations regarding car safety.

Automotive cameras monitor the surrounding of the car. It can be installed at the front, rear, and for blind-spot purposes. The camera is integrated with advanced technology with special algorithm to process the data and visual videos.

It provides enhanced night vision by using HUD and parking sensor to ease the driving experience. Furthermore, camera provides recorded video evidence in case of any false accusation after the accident, road rage, and insurance fraud incident.

Various companies in Germany, such as BMW, Mercedes Benz, Audi, Volkswagen, and Opel, provide built-in safety automotive camera device. In the basis of aftermarket, it eases the consumers to provide the parts from OEMs if the camera system crash.

Germany Automotive Camera Market Trends, Drivers, Restraints, and Opportunities

Growing adoption of automotive cameras coupled with the advancement in the vehicle sensor technology is expected to propel the market growth.
Increasing government initiatives to enhance the safety for passengers can boost the market growth.
Increasing number of road fatalities can spur the growth of the market.
High cost of implementation of multi-camera systems can hinder the growth of the market.
Slow real-time image processing of camera systems is estimated to impede the market growth.
Increasing technological advancement can create lucrative opportunity to the players in the market.

Scope of Germany Automotive Camera Market Report

The report on the Germany automotive camera market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	Germany Automotive Camera Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2022
Historic Data	2016–2021
Forecast Period	2023–2031
Segmentation	Vehicle Types (Passenger Vehicles and Commercial Vehicles), Types (Viewing Cameras and Sensing Cameras), Applications (ADAS and Parking)
Geographical Zone	Germany
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	Continental AG; Robert Bosch Gmbh; Garmin Ltd.; Magna International Inc; and Denso Corporation

Germany Automotive Camera Market Segment Insights

Passenger vehicles segment is expected to account a large market share

Based on vehicle types, the market is divided into passenger vehicles and commercial vehicles. The passenger vehicles segment is expected to grow at a robust pace during the forecast period due to growing adoption of strict government norms for automotive camera in passenger vehicles. However, the commercial vehicles segment is anticipated to hold a key share of the market in the coming years owing to increasing safety from theft fatalities and provide real-time image processing. Additionally, the COVID-19 pandemic had resulted in the supply chain disruption, which led to the delay in the production of automotive camera. However, the relaxation in restrictions in the manufacturing industry is expected to boost the market growth development of both segments.

Viewing camera segment is projected to register a robust CAGR

On the basis of types, the market is segregated into viewing cameras and sensing cameras. The viewing camera segment is projected to register a robust CAGR during the forecast period owing to improvement in the driving activity, providing the blindspot detection. For instance, Tesla Inc., an electric car company, deployed 8-surround camera for advanced sensor coverage in its car, providing 360 degree of visibility up to 250 meters. The real-time processing has allowed its cars to power 40 times faster than an ordinary automotive camera. It is the same camera which has includes feature of Autopilot mode, allowing the car to observe the surrounding digitally. On the other hand, the sensing cameras segment is anticipated to account for a large market share during the forecast period on account of minimizing the road accident with pedestrians.

Segments

The Germany automotive camera market has been segmented on the basis of

Vehicle Types

Passenger Vehicles
Commercial Vehicles

Types

Viewing Cameras
Sensing Cameras

Geography Zone

Germany

Key Players

Continental AG
Robert Bosch Gmbh
Garmin Ltd.
Magna International Inc
Denso Corporation

Competitive Landscape

Key players competing in the Germany automotive camera market are Continental AG; Robert Bosch Gmbh; Garmin Ltd.; Magna International Inc; and Denso Corporation.

In August 2021, Magna Internation Inc. announced plans to acquire Venoeer, a prominent player in automotive safety technology, for the purpose to create trust in mobility safety in advanced driving assistance systems.

In January 2021, Garmin International and Garmin Services, business units of Garmin Ltd., announced the acquisition of GEOS Worldwide Limited and its subsidiaries.

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Automotive Camera Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Automotive Camera Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Automotive Camera Market - Supply Chain
  4.5. Global Automotive Camera Market Forecast
     4.5.1. Automotive Camera Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Automotive Camera Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Automotive Camera Market Absolute $ Opportunity
5. Global Automotive Camera Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Automotive Camera Market Size and Volume Forecast by Types
     5.3.1. Viewing Cameras
     5.3.2. Sensing Cameras
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Automotive Camera Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Automotive Camera Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Automotive Camera Demand Share Forecast, 2019-2026
7. North America Automotive Camera Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Automotive Camera Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Automotive Camera Market Size and Volume Forecast by Types
     7.4.1. Viewing Cameras
     7.4.2. Sensing Cameras
  7.5. Basis Point Share (BPS) Analysis by Types
  7.6. Y-o-Y Growth Projections by Types
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Automotive Camera Demand Share Forecast, 2019-2026
8. Latin America Automotive Camera Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Automotive Camera Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Automotive Camera Market Size and Volume Forecast by Types
     8.4.1. Viewing Cameras
     8.4.2. Sensing Cameras
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Automotive Camera Demand Share Forecast, 2019-2026
9. Europe Automotive Camera Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Automotive Camera Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Automotive Camera Market Size and Volume Forecast by Types
     9.4.1. Viewing Cameras
     9.4.2. Sensing Cameras
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Automotive Camera Demand Share Forecast, 2019-2026
10. Asia Pacific Automotive Camera Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Automotive Camera Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Automotive Camera Market Size and Volume Forecast by Types
     10.4.1. Viewing Cameras
     10.4.2. Sensing Cameras
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Automotive Camera Demand Share Forecast, 2019-2026
11. Middle East & Africa Automotive Camera Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Automotive Camera Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Automotive Camera Market Size and Volume Forecast by Types
     11.4.1. Viewing Cameras
     11.4.2. Sensing Cameras
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Automotive Camera Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Automotive Camera Market: Market Share Analysis
  12.2. Automotive Camera Distributors and Customers
  12.3. Automotive Camera Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Continental AG
     12.4.2. Robert Bosch Gmbh
     12.4.3. Garmin Ltd.
     12.4.4. Magna International Inc
     12.4.5. Denso Corporation

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