Split-view camera feature can
be considered as an advanced safety feature in an automobile, which
helps in having a view of any obstacles or traffic that obstruct the
car’s path from the side, behind pr ahead of the car. Split-view
makes use of real time video feeds from the wide angle lens cameras
in the tailgate and griller. This enables the drivers to detect any
obstacle approaching the vehicle straight on or from the side.
One of the key trends observed
in the global automotive split-view camera module market is the
development of automotive split-view cameras which offer a 180 degree
view. The conventional rear-view cameras that are used in automobiles
generally cover a 130 degree angle that does not detect the
approaching obstacles at blind junctions. Thus, auto vendors are set
to offer automobiles equipped with split-view cameras offering 180
degree viewing angle which would help driving easily spot approaching
pedestrians, obstacle or vehicles using tri-panel display. The global
automotive split-view camera module market is being primarily driven
by increased safety awareness among customers and stringent
regulations across the globe regarding vehicular safety. Customers
are showing inclination towards vehicles with advanced safety
features, owing to which electronic equipment such as cameras,
sensors and radars are being increasingly installed, even in
entry-level vehicles.
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The global automotive
split-view camera module market can be segmented on the basis of
vehicle type and geography. The market can be bifurcated on the basis
of vehicle type into passenger vehicles and commercial vehicles.
Passenger vehicles segment held the highest share of the global
market in 2016 and is expected to maintain its dominance throughout
the forecast period. The need for enhanced safety and comfort has
resulted in the growing adoption and popularity of advanced driver
assistance systems and adaptive cruise control. Moreover, the demand
for blind sport detection systems in passenger vehicles is expected
to increase during the forecast period, thereby fueling the demand
for split-view cameras as the installation of these cameras are
required to enable detection. The global automotive split-view camera
module market can be further classified geographically into North
America, Europe, Asia Pacific, South America and Middle East and
Africa. Europe acquired the largest share of the global market in
2016 but the Americas are expected to account for the major market
share globally by the end of the forecast period. The growth of the
automotive split-view camera module market in Americas is expected to
be driven by the rising adoption of mid-segment and luxury vehicles
coupled with the introduction of stringent government regulations
mandating the installation of back-up cameras.
There is a presence of a few
international players in the global automotive split-view camera
module market. The market is set to grow at a rapid pace in the
coming years, fueled by the focus of auto makers to use safety
systems as a differentiating factor in their product portfolio, from
the competitors. This is also expected to intensify the competition
in the global market in the coming years, with the emergence of
domestic players in several regions which would pose a stiff
competition to the global players. The report provides the market
share analysis of the key industry
participants operating in the
industry. The global market comprises a considerable number of
manufacturers. These players have been exhaustively profiled and
their business overview, financial overview, business strategies and
recent developments have been covered under the purview of the
report. Some of the major players operating in the global automotive
split-view camera module market include Robert Bosch GmbH, Ford Motor
Company, Ambarella, Inc., Continental AG, and Clarion Co., Ltd. among
others. Other prominent vendors operating in the market are Delphi
Automotive, Nissan Motor Company Ltd., MapmyIndia, Valeo, Rear View
Safety and Rosco Vision Systems.
The report offers a
comprehensive evaluation of the market. It does so via in-depth
qualitative insights, historical data, and verifiable projections
about market size. The projections featured in the report have been
derived using proven research methodologies and assumptions. By doing
so, the research report serves as a repository of analysis and
information for every facet of the market, including but not limited
to: Regional markets, technology, types, and applications.
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