PUBLISHER: TechSci Research | PRODUCT CODE: 1095779
PUBLISHER: TechSci Research | PRODUCT CODE: 1095779
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United Kingdom automotive camera market is projected to grow at a formidable rate during the forecast period, 2023-2027. The market growth can be attributed to the rising number of the vehicle fleets in the country and surging demands for safety enhancement in passenger cars. Besides, strict regulations for road safety from the government and rapidly increasing demand for electric vehicles, owing to their higher efficiency and less impact on the environment, are contributing to the growth of the United Kingdom automotive camera market. Automotive cameras are designed to capture the highest quality videos and enhance the visibility of the road for the driver. These cameras are also used for parking assistance, assessing vehicle performance, gathering critical evidence in case of road accidents, etc.
Increasing ownership of personal vehicles and rising penetration of commercial vehicles owing to the increasing personal disposable income of the population are significantly supporting the demand for automotive cameras, which is attributed to their market growth. Additionally, rising road accident incidences have led to rising concerns related to safe driving and security, which is anticipated to further contribute to the growth of the United Kingdom automotive camera market in the upcoming years.
The enhanced focus of the government on promoting the adoption of electric vehicles to reduce greenhouse gas emissions and the introduction of a variety of e-vehicles in the market are also adding to the growth of the United Kingdom automotive camera market in the forecast period. Furthermore, technological advancements and increasing investments in extensive research are expected to facilitate the growth of the United Kingdom automotive cameras market in the next five years. Rising awareness among the population regarding the harmful effects of carbon burning fuels and increasing use of artificial intelligence along with the internet of things is expected to aid the growth of the United Kingdom automotive camera market in the upcoming five years.
The United Kingdom automotive camera market is segmented based on camera type, camera class, vehicle type, application, technology, competitional landscape, and regional distribution. Based on camera type, the market is divided into monocular camera and stereo camera. The stereo camera is expected to register the highest revenue in the United Kingdom automotive camera market owing to growing technological advancements and growing applications for stereo cameras.
Major market players in the United Kingdom automotive camera market are 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.
Years considered for this report:
Historical Years: 2017-2020
Base Year: 2021
Estimated Year: 2022E
Forecast Period: 2023F-2027F
Objective of the Study:
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers who could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the country.
TechSci Research calculated the market size of the United Kingdom automotive camera market using a top-down approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these products and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as product manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
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:
Monocular Camera
Stereo Camera
Entry level
Medium
Premium
Passenger Cars
Light Commercial Vehicle (LCV)
Medium & Heavy Commercial Vehicle (M&HCV)
Rear View Assist
Advanced Driver Assistance System (ADAS)
Digital Cameras
Thermal Cameras
London
East Anglia
Southwest
Southeast
Scotland
East Midlands
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