United Kingdom automotive
camera market is anticipated to register growth with an impressive CAGR in the
forecast period, 2023-2027. The market growth can be attributed to increasing
vehicle fleet in the country. Value of the United Kingdom automotive camera
market in the year 2021, was approximately, USD120 million. Surging demands for
the safety feature enhancement in the passenger cars, along with strict
regulations for the road safety from government further drives the growth of
the United Kingdom automotive camera market in the upcoming five years. Rapidly
increasing demands for the electric vehicles and their higher efficiency toward
fuel consumption along with advanced safety features further support the growth
of the United Kingdom automotive camera market in the next five years.
On board cameras implanted on
the vehicle that are designed to capture highest quality video such that
visibility of the road enhances for the driver to focus on the obstructions while
driving, is an automotive camera. These cameras have certain important
functions like assist the driver for parking the vehicle, to assess vehicle
performance, for night vision, and to gather critical evidence in case of any
road accidents and disputes. These cameras also come with the camera link
technologies that enhance the performances of the camera thus making it highly
advantageous for the automotive.
Rising Vehicle Fleet Promises
Market Growth
Rapidly increasing demands
for the passenger cars, light commercial vehicles along with the increasing
sales of the same drive the growth of the United Kingdom automotive cameras
market in the upcoming five years. With higher disposable income, the
population is highly inclined toward ownership of their personal vehicle
thereby increasing the sales of the passenger card and thus the growth of the
United Kingdom automotive camera market in the next five years. Rising concerns
regarding safe driving and security against theft along with on-road disputes
further enhance the growth of the United Kingdom automotive camera market in
the future five years.
Electric Vehicle Sales Drive
Market Growth
United Kingdom has an
established market for the electric vehicles. Light commercial electric
vehicles, electric passenger cars, and hybrid cars are gaining popularity
further and are responsible for the growth of the United Kingdom automotive
cameras market in the future five years. With technological advancement and
growing development through extensive research and growing investment in the
advancement of the electric vehicle further facilitate the growth of the United
Kingdom automotive cameras market in the next five years. More than 450,000
electric cars are currently running in the country.
While the demands for
the hybrid vehicles have also increased that provide better shift in the
consumer preferences toward electric vehicles. There were over 775,000 hybrid
vehicles as of April 2022. Further increase is anticipated due to rising
awareness among the population regarding harmful effects of the carbon burning
fuels and its exhaustion that would affect the environment and energy
consumptions in the forecast years. Increased use of artificial intelligence
along with the internet of things aiding the driver safety and assist the
drivers in vehicle parking, and driving through difficult terrain, also add to
the growth of the United Kingdom automotive cameras market in the upcoming five
years.
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Market Segmentation
The
United Kingdom automotive camera market is segmented by camera type, camera
class, vehicle type, application, technology, competitional landscape, and
regional distribution. Based
on camera type, the market is differentiated between monocular camera and stereo
camera. By camera class, the market is further segmented into entry level,
medium, and premium. Based on vehicle type, the market is fragmented into
passenger cars, light commercial vehicles (LCV), and medium & heavy
commercial vehicle (M&HCV). By application, the market is bifurcated into
rear view assist and advanced driver assistance system (ADAS). Based on
technology, the market is also distinguished between digital cameras and
thermal cameras. The market analysis also studies the regional segmentation to
devise regional market segmentation, divided among London, East Anglia,
Southwest, Southeast, Scotland, East Midlands, and Yorkshire & Humberside.
Company Profile
Robert Bosch GmbH, Valeo SA, Denso
Corporation, Autoliv Inc., Omni Vision Technologies Inc., Gentex Corporation,
Continental AG, Aptiv Plc, Magna International Inc., Aei Inc., among others is a partial
list of major market players of the companies responsible for the growth of United
Kingdom automotive camera market.
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Attribute
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Details
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Base Year
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2021
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Historical Data
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2017 – 2020
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Estimated Year
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2022
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Forecast Period
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2023 – 2027
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Quantitative Units
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Revenue in USD Million, volume in units, and CAGR for 2017-2021
and 2022-2027
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Report coverage
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Revenue forecast, volume forecast, company share, competitive
landscape, growth factors, and trends
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Segments covered
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·
Camera Type
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Camera Class
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Vehicle Type
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Application
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Technology
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Regional scope
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London, East Anglia, Southwest, Southeast, Scotland, East
Midlands, and Yorkshire & Humberside
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Key companies profiled
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Robert Bosch GmbH, Valeo SA, Denso
Corporation, Autoliv Inc., Omni Vision Technologies Inc., Gentex Corporation,
Continental AG, Aptiv Plc, Magna International Inc., Aei Inc.
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Customization scope
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10% free report customization with purchase. Addition or
alteration to country, regional & segment scope.
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Pricing and purchase options
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Avail customized purchase options to meet your exact research
needs. Explore purchase options
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Delivery Format
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PDF and Excel through Email
(We can also provide the editable version of the report in PPT/Word format on
special request)
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Report Scope:
In this report, United Kingdom automotive camera market has been segmented into
following categories, in addition to the industry trends which have also been
detailed below:
- United Kingdom Automotive Camera Market,
By Camera Type:
- Monocular Camera
- Stereo Camera
- United Kingdom Automotive Camera Market,
By Camera Class:
- Entry level
- Medium
- Premium
- United Kingdom Automotive Camera Market,
By Vehicle Type:
- Passenger Cars
- Light Commercial Vehicle (LCV)
- Medium & Heavy Commercial Vehicle
(M&HCV)
- United Kingdom Automotive Camera Market,
By Application:
- Rear View Assist
- Advanced Driver Assistance System (ADAS)
- United Kingdom Automotive Camera
Market, By Technology:
- Digital Cameras
- Thermal Cameras
- United Kingdom Automotive Camera Market,
By Region:
o London
o East Anglia
o Southwest
o Southeast
o Scotland
o East Midlands
o Yorkshire & Humberside
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in United Kingdom automotive camera market.
Available Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The
following customization options are available for the report:
Company Information
Detailed analysis and
profiling of additional market players (up to five).
United Kingdom Automotive Camera Market is an upcoming report to be
released soon. If you wish an early delivery of this report or want to confirm
the date of release, please contact us at [email protected]