Automotive Camera Market Report 2025

This Automotive Camera market report covers market characteristics, size & growth, segmentation, regional & country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

The automotive camera market size has grown rapidly in recent years. It will grow from $9.9 billion in 2024 to $11.07 billion in 2025 at a compound annual growth rate (CAGR) of 11.8%. The growth in the historic period can be attributed to growing emphasis on vehicle safety, adoption of advanced driver assistance systems (ADAS), increasing regulatory requirements for rearview and surround-view cameras, rise in demand for parking assistance systems and collision avoidance, integration of cameras in autonomous vehicle development.

The automotive camera market size is expected to see rapid growth in the next few years. It will grow to $17.53 billion in 2029 at a compound annual growth rate (CAGR) of 12.2%. The growth in the forecast period can be attributed to expansion of the connected car ecosystem, growing adoption of 360-degree camera systems, increased use of cameras in commercial vehicles for fleet management, growing demand for advanced safety features, growing demand for shared mobility. Major trends in the forecast period include integration of artificial intelligence (AI) and machine learning, development of high-resolution and low-light performance cameras, customization of camera systems for specific vehicle models and applications, collaboration between automakers and technology providers for innovative camera solutions, use of cameras for augmented reality (AR) displays and enhanced driver assistance features.

An increase in road fatalities is anticipated to drive the growth of the automotive camera market in the future. A road fatality is defined as any individual who dies within 30 days due to injuries sustained in a road accident. Vehicle camera systems incorporate an accelerometer and g-sensor, along with GPS tracking and motion detection, enabling the identification of various safety-related incidents, such as sudden braking, sharp turns, and collisions. The system quickly uploads footage from before and after the incident for immediate review. For example, in June 2024, a report by Road Safety Wales 2024, a UK-based professional non-profit organization, indicated that in 2023, police forces in Wales recorded 4,348 road casualties, reflecting a 2% increase from 2022. Therefore, the rise in road fatalities is fueling the growth of the automotive camera market.

The growing adoption of electric vehicles is driving the expansion of the automotive camera market. Electric vehicles (EVs) are automotive vehicles that run primarily or entirely on electric power stored in batteries or other energy storage systems. Automotive cameras are utilized in electric vehicles for various functions, enhancing safety, improving driver assistance systems, and facilitating the efficient operation of the vehicle. For example, in January 2024, a report from the International Council on Clean Transportation, a US-based professional non-profit organization, indicated that the share of new vehicle sales that were plug-in electric increased from about 3% in Q1 2021 to approximately 7% in 2022 and exceeded 10% by Q3 2023.

Leading companies in the automotive camera market are concentrating on developing innovative technological solutions, such as hot-pluggable GMSL automotive HDR cameras, to enhance image quality and performance in various driving conditions while also facilitating easier installation and system integration. A hot-pluggable GMSL automotive HDR camera is a high-performance vehicle camera that can be connected without needing to power down and utilizes Gigabit Multimedia Serial Link for rapid data transmission. For example, in October 2024, e-con Systems, a US-based OEM camera solution provider, introduced the STURDeCAM34, which is the world’s first hot-pluggable GMSL automotive HDR camera, boasting a 3MP resolution and advanced 140 dB HDR capability. This cutting-edge camera enables seamless connection and disconnection without system downtime, making it perfect for complex automotive applications. It features Onsemi's AR0341AT CMOS image sensor and includes functionalities such as LED flicker mitigation, multi-camera synchronization (supporting up to eight cameras), and a robust IP69K rating for durability in harsh environments.

Prominent entities within the automotive camera market are actively innovating their product offerings by integrating AutoSense in-cabin sensing technology, addressing the escalating demand for advanced automotive camera systems. AutoSense in-cabin sensing technology is engineered to discern occupants' presence, their positions, movements, and even ascertain the driver's attentiveness to the road. An exemplary instance occurred in January 2022 when DTS, a US-based developer specializing in next-generation audio, imaging, and sensing technologies, unveiled the single-camera DTS AutoSense driver and occupancy monitoring solution at CES 2022. This innovative solution elevates driver and occupancy sensing capabilities through a solitary camera, reducing system costs while ensuring privacy for occupants.

In April 2024, Nikon, a Japan-based company, acquired RED Digital Cinema for an undisclosed amount. This acquisition allows Nikon to strengthen its foothold in the professional cinema market and utilize their combined expertise to innovate and improve product offerings for filmmakers. RED Digital Cinema, a US-based camera manufacturer, is recognized for its high-resolution imaging and dynamic range, which enhance automotive cameras utilized in applications like autonomous driving and ADAS.

Major companies operating in the automotive camera market include Continental Automotive GmbH, Robert Bosch GmbH Mobility Solutions, Valeo SA, Aptiv PLC, Magna International Inc., Mobileye NV, OmniVision Technologies Inc., ZF Friedrichshafen AG, Denso Corporation, Hella GmbH & Co KGaA, Ficosa International SA, Basler AG, Autoliv Inc., Ricoh Company Ltd., Garmin Ltd., Ambarella Inc., Aisin Seiki Co Ltd., Renesas Electronics Corporation, Clarion Co Ltd., Valeo Vision Systems, Aptina Imaging Corporation, Hyundai Mobis Co Ltd., Lear Corporation, Magneti Marelli, Seeing Machines Ltd., Sony Corporation, Samsung Electronics Co Ltd., Panasonic Corporation, NXP Semiconductors NV, STMicroelectronics NV.

The adoption of automotive cameras is driven by their ability to capture high-quality video and images, enhancing visibility and contributing to driver safety. These cameras are equipped with advanced computer vision algorithms, providing true machine vision systems that supply essential data for driver assistance. Automotive cameras play a crucial role in facilitating tasks such as parking, improving vehicle performance, and ensuring a safer and more comfortable driving experience.

Automotive cameras cater to various vehicle types, including passenger vehicles, light commercial vehicles, and heavy commercial vehicles. Passenger vehicle cameras are specifically designed for transporting individuals, typically accommodating up to eight passengers in addition to the driver. Automotive cameras offer different view types, such as single-view and multi-view systems, utilizing technologies like digital cameras, infrared cameras, and thermal cameras. These cameras find applications in park-assist systems, advanced driver-assistance systems, and other functionalities.

The automotive camera market research report is one of a series of new reports that provides automotive camera market statistics, including automotive camera industry global market size, regional shares, competitors with an automotive camera market share, detailed automotive camera market segments, market trends and opportunities, and any further data you may need to thrive in the automotive camera industry. This automotive camera market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Asia-Pacific was the largest region in the automotive camera market in 2024. Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the automotive camera market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the automotive camera market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.

The automotive camera market consists of sales of infrared camera, thermal camera, and digital camera. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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