New players to venture into the automotive split-view camera module market space during the forecast period
Technavio, a company that develops over 2000 pieces of research every year and covers more than 500 technologies across 80 countries, has announced the top five leading vendors for the global automotive split-view camera module market in their latest research report. This report also lists six other prominent vendors who are expected to contribute to this market’s growth between 2016-2020.
To identify the top vendors, Technavio’s market research analysts have taken into account the unit sales of automotive split-view cameras across all regions.
This Technavio report, under the automotive electronics vertical, is based on the synthesis, analysis, and interpretation of information about the global automotive split-view camera module market collected from specialized sources. The analysts have derived insights using a mix of primary and secondary research with an aim to provide a holistic picture of the market.
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Competitive vendor landscape
The global market for automotive split-view camera modules is characterized by the presence of a few vendors. However, new players are likely to venture into the market space during the forecast period. For instance, India saw the emergence of MapmyIndia, a regional player launching smart mirror technology. The market is likely to showcase substantial growth during the forecast period due to the intensifying competition among automobile manufacturers, as they use safety systems as a differentiating factor. Furthermore, the emphasis of the automobile manufacturers toward autonomous technology is also expected to act as an incentive for market growth.
“The development of 360-degree view camera systems is one of the latest trends in the global market for automotive split-camera modules. These full-surround cameras provide driver an option to get either a bird’s eye or split screen view through four cameras mounted on the front, rear, and under each side mirrors of the vehicle. 360-degree view is fast emerging as the future of the camera-view system in vehicles and may act as a stepping stone for the futuristic autonomous vehicle,” says Siddarth Jaiswal, a lead analyst at Technavio for research on automotive electronics.
Top five vendors in the automotive split-view camera module market space
Buerer
Founded in 1919, this company produces, markets, and sells a wide range of blood sugar measuring units, fever thermometers, electric blankets, blood pressure instruments, bathroom and kitchen scales, footbaths and nebulizers, and pulse watches. Beurer is also one of the leading market players in the fields of Shiatsu massage seat covers, personal scales, blood pressure monitors, and flexible heating products.
Key products: BF 800 diagnostic scale, BF 710 BodyShape turquois diagnostic scale.
Ambarella
Ambarella is a leading developer of low-power, HD, and ultra HD video compression and image processing solutions. The company’s products are used in a variety of professional and consumer applications, including security Internet Protocol (IP)-cameras, flying cameras, and automotive video processing solutions. Ambarella is a recipient of the Global Semiconductor Alliance (GSA) award for the Most Respected Private Semiconductor Company for three consecutive years from 2010-2012. In 2015, the company was honored with the Best Financially Managed Semiconductor Company title.
Key products: 360-degree surround view, E-mirrors, and ADAS.
Bosch
Bosch is a leading German automotive supplier of automotive components. It engages in the manufacturing of automotive components, industrial products, and building products. During 2015, the company generated a revenue of around $80 billion and spent more than $7 billion on R&D.
Key products: Near-range camera: Rear view system.
Clarion
Clarion is a Japan-based manufacturer of visual equipment, automotive navigation systems, car audio, bus equipment, and communication technologies. The company has relationships with automotive suppliers and clients, including Saab Automobile, Suzuki, Ford, Volkswagen, Proton, Subaru, and Peugeot.
Key products: CC720, CC520, and CC510.
Continental
Continental is a leading automotive electronics supplier based in Germany. The company develops intelligent transportation technologies. The company generated revenue of more than $39 billion and spent almost $3 billion on R&D expenses in FY2015.
Key products: Camera monitor system and Surround-view camera technology having back assist feature.
Other prominent vendors in this market include Delphi, MapmyIndia, Nissan, Rear View Safety, Rosco Vision Systems, and Valeo.
A more detailed analysis is available in the Technavio report, Global Automotive Split-view Camera Module Market 2016-2020. Technavio also customizes reports by other regions and specific segments upon request.
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