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Analysis of the Status and Trend of Vehicle Cameras

by:Eagle Mobile Video     2020-04-10
Car cameras mainly include internal view camera, rear view camera, front view camera, side view camera, surround view camera, etc. At present, the camera is mainly used in the car for reversing images (rear view) and 360-degree panorama (surround view). Up to eight cameras can be equipped with various auxiliary equipment of high-end cars to assist the driver in parking or trigger emergency braking. Overcoming visual blind spots has become a consensus in the field of traffic safety. In order to overcome blind spots, the number of new cameras in cars will be more than four. The automotive camera market is relatively mature. The barriers to the industry lie in module packaging technology and customer channels. At present, the leading camera manufacturers in the industry occupy a large market share and are not easily eaten by new entrants. At present, many countries are beginning to consider forcing new cars to adopt certain ADAS technologies. The US Highway Safety Administration even recommends that new cars in the United States be compulsorily installed with an ADAS system by 2022. It is expected that by 2025, ADAS will basically cover the front-loading market, with an overall market size of nearly 30 billion euros. Under the combined effect of many favorable factors such as the upgrading of the consumption structure, increasing demand for car purchases of the middle class, and further liberalization of related policies, the penetration rate of ADAS will increase overall. It is conservatively estimated that the size of China's ADAS market will reach more than 20 billion yuan in 2020. It is expected that the global automotive sensor market size will reach USD 2.38 billion in 2022, with a compound annual growth rate of 14%, of which the visual sensor market will reach a compound annual growth rate of 24%, accounting for nearly 1/3.
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