Some of the key findings from this car camera cleaning systems market forecast report are summarized below
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Global automotive camera cleaning systems industry overview
The growing popularity of ADAS technologies such as AEBS has increased the incorporation of cameras in modern vehicles as these technologies are highly dependent on camera input. ADAS features such as lane departure warning and collision avoidance alert require the use of advanced embedded vision technologies including high frame cameras and image processing techniques. ADAS systems also require 2D and 3D images for adaptive cruise control, face recognition, and road sign monitoring. Moreover, the large implementation has reduced the cost of cameras thereby boosting their application in automobiles. This increasing use of camera technology in modern vehicles will necessitate the use of camera cleaning systems for efficient camera operation. The growing popularity of camera technology in modern vehicles will be one of the significant factors positively influencing automotive camera cleaning systems market growth throughout the forecast period.
Growing employment rates and business opportunities have improved the socio-economic conditions of both developed and emerging economies. This has allowed consumers in these countries to opt for luxury vehicles such as mid and full-sized SUVs which offer convenient features and high comfort and safety. The use of personal vehicles for long distance travel has also increased especially in the emerging economies of APAC. As mid and full-sized cars are preferred for off-roading purposes, the external cameras are constantly exposed to dirt. As a result, prominent automotive companies are providing camera cleaning systems in their mid and full-sized SUV product offerings. In addition to the growing popularity of camera technology, this increasing demand for camera cleaning systems for mid and full-sized SUVs will drive market growth at a CAGR of almost 33% during the forecast period.
Top automotive camera cleaning systems companies covered in this market research report
The global automotive camera cleaning systems market is concentrated. To help clients improve their market position, this report provides an analysis of the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this car camera cleaning systems market analysis report also provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of their future growth opportunities.
The report offers a detailed analysis of several leading automotive camera cleaning systems manufacturers, including:
- Continental AG
- dlhBOWLES
- Ford Motor Co.
- General Motors Co.
- Panasonic Corp.
- SEEVA Technologies
Automotive camera cleaning systems market segmentation based on application
- Passenger cars
- Commercial vehicles
The passenger cars segment will account for the largest automotive camera cleaning systems market share. The strong demand for passenger cars from emerging countries and the growing focus of automotive OEMs on achieving differentiation will drive the demand for passenger car camera cleaning systems.
Automotive camera cleaning systems market segmentation based on geographic region
- APAC
- Europe
- MEA
- North America
- South America
North America will account for the largest car camera cleaning systems market share throughout the forecast period. The strong demand for safety features in vehicles, the increasing adoption of automotive technologies by OEMs, and the presence of a large customer base of early adopters in North America will drive car camera cleaning systems market growth in this region.
Key highlights of the global automotive camera cleaning systems market for the forecast years 2019-2023:
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will accelerate the growth of the automotive camera cleaning systems market during the next five years
- Precise estimation of the global automotive camera cleaning systems market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the automotive camera cleaning systems industry across APAC, Europe, MEA, North America, and South America
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details of factors that will challenge the growth of automotive camera cleaning systems companies
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