Global Automotive Mono Camera Market 2018-2022
About Automotive Mono Camera
Automotive monocular camera or mono camera is a type of forward-facing camera module, which is used specifically for ADAS as a part of the vision system for applications like lane detection, object detection, and distance mapping in a vehicle.
Technavio’s analysts forecast the global automotive mono camera market to register a CAGR of 25.53% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global automotive mono camera market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Automotive Mono Camera Market 2018-2022
Technavio recognizes the following companies as the key players in the global automotive mono camera market: Aptiv, Autoliv, Continental, Robert Bosch, and ZF Friedrichshafen.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is integration with other automotive technologies and systems. The automotive industry's efforts to accomplish the goal of zero road fatalities; combined with meeting consumer safety demands and government regulations, is propelling the adoption of advanced safety and driver assistance systems in vehicles.”
According to the report, one driver in the market is stringent regulatory standards driving fitment of ADAS. Advanced safety systems, such as LDWS, night vision system (NVS), adaptive cruise control (ACC), blind spot detection system (BSD), driver monitoring systems, help minimize collisions and fatalities and improve overall vehicle safety. Hence, with governments in Europe, the Americas, and APAC implementing stringent safety regulations, development and adoption of these systems are expected to increase over the forecast period.
Further, the report states that one challenge in the market is camera system's performance affected by bad weather and low light conditions. A camera system faces significant functional issues due to erratic environmental conditions like low lighting, heavy rains: and snow. Harsh climatic conditions and roads without lane markings limit the capabilities of automotive cameras to detect hazards appropriately.