Automotive Camera Market: Revolutionizing Vehicle Safety & ADAS by 2030
The global automotive camera market size is projected to grow from USD 8.33 Billion in 2024 to USD 16.04 Billion by 2030, at a CAGR of 11.5%. Government regulations regarding vehicle occupants and pedestrian safety is driving the growth of the automotive camera market on a global scale. The GSR2 regulations in Europe, effective June 2024, mandate driver monitoring systems (DMS) in all new vehicles. This has raised the demand for cameras that can monitor driver alertness. Technological advancements are also enhancing camera capabilities. Companies such as Valeo (France) and Teledyne FLIR LLC (US) are developing thermal imaging for automotive applications, providing improved visibility in extreme weather conditions as well as during nighttime.
Initiatives
aimed at enhancing road safety, reducing traffic congestion, and supporting
autonomous vehicle technology require sophisticated camera systems for accurate
detection and monitoring. These vehicles rely on multiple cameras,
typically 8–12, to ensure safe and efficient operations. To stay competitive,
automotive camera providers are continuously innovating and adopting diverse
growth strategies. In September 2024, Continental AG (Germany) launched the
ProViu Mirror, a digital camera monitor system designed for commercial vehicles
as an alternative to traditional wing mirrors. These factors, coupled with the
development of new technologies such as windshield cameras and AI-equipped
cameras, indicate that the automotive camera market is poised for continued
growth.
The passenger car is anticipated to show the largest growth
in the global automotive camera market.
The passenger car segment of the
automotive camera market is expected to experience the highest growth during
the forecast period. The rising demand for ADAS is a crucial factor behind the
increasing use of cameras in passenger cars. ADAS technologies, such as lane
departure warnings and forward collision alerts, depend on cameras to identify
and react to potential dangers. Additionally, global governmental regulations
are moving toward making ADAS mandatory in passenger cars. For example, the EU
has expanded its requirements to include features like the Advanced Emergency
Braking System (AEBS) and the Lane Departure Warning (LDW) system. These
features have been mandated in EU countries from July 2022. Such regulatory
measures are likely to further stimulate the market for automotive cameras in
passenger cars.
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Thermal camera is anticipated to be the fastest growing
technology in the global automotive camera market.
Thermal cameras are
essential for ADAS, including night vision systems and pedestrian detection. In
night vision systems, thermal cameras enhance driving safety by detecting the
heat signatures of objects, such as pedestrians or animals, and providing
visual alerts to the driver. This significantly reduces the risk of accidents
in low-visibility conditions like darkness, fog, rain, or snow. Thermal cameras
are also used in pedestrian detection systems, where they identify the heat
emitted by people, helping prevent collisions by alerting the driver to their
presence. This technology is particularly useful in urban environments or areas
with heavy foot traffic.
The primary
difference between thermal and infrared cameras lies in the type of infrared
light they use. Thermal imaging systems utilize mid or long-wavelength infrared
light, whereas infrared systems use short-wavelength infrared light. Thermal
imagers are passive devices that detect variations in heat but cannot sense
reflected light. Because they operate in a longer infrared wavelength spectrum
than active infrared systems, they remain unaffected by incoming headlights,
fog, haze, and dust. This capability allows thermal cameras to detect
temperature changes, making them ideal for identifying heat signatures from
objects or people in complete darkness. While both thermal and infrared cameras
detect heat, thermal cameras are particularly advantageous for their ability to
function under a wider range of conditions.
Germany to lead the automotive camera market in Europe.
Germany is expected to be the largest
market for automotive cameras in the European region during the forecast
period. The German automotive camera market is expected to grow due to the
increasing safety awareness and government regulations mandating advanced
systems in vehicles. Major German OEMs like Volkswagen and Daimler have already
integrated advanced features to enhance the driving experience, offering most
ADAS features as standard in their premium vehicles. Since July 2022, the
country has mandated the use of ADAS features such as automotive emergency
braking, driver monitoring, and lane departure warning systems. The extension
of the GSR regulation (GSR2) is expected to further drive the demand for Automotive
cameras in Germany.
The presence of key manufacturers such
as Robert Bosch GmbH (Germany), ZF Friedrichshafen AG (Germany), and
Continental AG (Germany) significantly contributes to this growth. For
instance, In January 2025, Robert Bosch GmbH reintroduced its AI-powered MPC3
multifunctional camera at CES 2025. By leveraging its extensive automotive
engineering expertise and AI capabilities, along with a vast in-house sensor
data repository, Bosch aims to enhance the efficiency of its driver assistance
systems with the MPC3 AI-based camera.
Key Players
The
automotive camera market is dominated by global players such as Robert Bosch
GmbH (Germany), Continental AG (Germany), Valeo (France), ZF Friedrichshafen AG
(Germany), and Denso Corporation (Japan), and Ficosa International SA (Spain),
among others. These companies are leveraging AI, strategic partnerships with
OEMs, and advanced imaging technologies to strengthen the position of their
components for the ongoing shift towards automated driving. Continental
continues developing innovative ADAS-integrated camera solutions for improved
vehicle safety. Valeo emphasizes partnerships, such as its collaboration with
BMW on automated parking technologies, to advance its capabilities. ZF is
focusing on high-resolution, wide-field-of-view cameras like the Smart Camera
6, ensuring scalability for ADAS and autonomous driving. Meanwhile, Denso is
addressing regulatory-driven demand by developing safety-compliant camera
systems, particularly targeting mid- and economy-segment vehicles. These
companies' strategies reflect a shared focus on innovation, collaboration, and
regulatory adaptation to capitalize on the evolving automotive camera market.
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