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Automotive Camera Market in China 2022-2026: Priority of Automotive Safety Among Customers to Boost the Growth
- Automobile safety is evolving as an important feature for customers, which is leading them to install advanced safety systems in their vehicles. Since the last decade, the automotive industry has been actively working on improving road safety by preventing accidents and reducing injuries.
- Most safety measures are focused on drivers, as human errors are the prime cause of accidents. Several technical measures, especially active safety systems, work effectively in preventing accidents by warning drivers to take precautions before the occurrence of accidents.
- Thus, continuous developments from automotive camera manufacturers to offer customized products are allowing customers to adopt automotive cameras in China, which will positively impact the market growth during the forecast period.
Automotive Camera Market in China 2022-2026: High Replacement Costs Associated with Camera Modules to Challenge the Growth
- High-end camera systems include several features, such as large screen monitors, GPS navigation, multiple cameras, better image resolution, and night vision cameras.
- These may cost between USD 1,000 and USD 1,200. Major automakers, such as Honda, include rearview cameras in their basic Civic LX model, whereas Chevrolet and Ford have cameras on Colorado and Focus S models, respectively.
- Moreover, the aftermarket manufacturing cost of these rearview cameras is relatively low. The low cost of local aftermarket products acts as a major challenge for the growth of automotive cameras offered by major vendors and OEMs in China.
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Automotive Camera Market in China 2022-2026: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our report covers the following areas:
Automotive Camera Market in China 2022-2026: Vendor Analysis
- Aptiv Plc
- BorgWarner Inc.
- Continental AG
- DENSO Corp.
- Magna International Inc.
- Robert Bosch GmbH
- Sony Group Corp.
- Valeo SA
- Veoneer Inc.
- WEMAER electronic technology Co. Ltd.
The automotive camera market in China is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.
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Automotive Camera Market in China 2022-2026: Key Highlights
- CAGR of the market during the forecast period 2022-2026
- Detailed information on factors that will assist the automotive camera market growth in China during the next five years
- Estimation of the automotive camera market size in China and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the automotive camera market in China
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of the automotive camera market vendors in China
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Automotive Camera Market in China Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.02% |
Market growth 2022-2026 |
2567.82 thousand units |
Market structure |
Fragmented |
YoY growth (%) |
4.82 |
Regional analysis |
China |
Performing market contribution |
China at 100% |
Key consumer countries |
China |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Aptiv Plc, BorgWarner Inc., Continental AG, DENSO Corp., Magna International Inc., Robert Bosch GmbH, Sony Group Corp., Valeo SA, Veoneer Inc., and WEMAER electronic technology Co. Ltd. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period, |
Customization preview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2021
- Market outlook: Forecast for 2021 - 2026
Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Application
- Market segments
- Comparison by Application
- Viewing and sensing - Market size and forecast 2021-2026
- Viewing only - Market size and forecast 2021-2026
- Market opportunity by Application
Market Segmentation by Vehicle type
- Market segments
- Comparison by Vehicle type
- Passenger vehicles - Market size and forecast 2021-2026
- Commercial vehicles - Market size and forecast 2021-2026
- Market opportunity by Vehicle type
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Aptiv Plc
- BorgWarner Inc.
- Continental AG
- DENSO Corp.
- Magna International Inc.
- Robert Bosch GmbH
- Sony Group Corp.
- Valeo SA
- Veoneer Inc.
- WEMAER electronic technology Co. Ltd.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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