The global market for Automotive Split-View Camera Modules was valued at US$23.1 Billion in 2024 and is projected to reach US$39.7 Billion by 2030, growing at a CAGR of 9.4% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
Global Automotive Split-View Camera Modules Market - Key Trends and Drivers Summarized
How Are Automotive Split-View Camera Modules Enhancing Road Safety?
Automotive split-view camera modules have emerged as a crucial component in modern vehicles, significantly enhancing driver visibility and overall road safety. These advanced camera systems use wide-angle lenses to provide drivers with a comprehensive view of their surroundings, particularly in challenging situations such as parking, navigating through crowded urban areas, or backing out onto busy streets. Unlike traditional rear-view cameras, split-view camera modules offer multiple perspectives by capturing footage from different angles and seamlessly displaying them on the vehicle’s dashboard screen. This technology has become indispensable in reducing blind spots and preventing accidents, making it a standard feature in many new vehicle models, especially in the luxury and premium segments.What Are the Key Segments in the Automotive Split-View Camera Module Market?
Vehicle types include passenger cars, commercial vehicles, and electric vehicles (EVs). Passenger cars represent the largest market share, as the integration of split-view cameras has become a common safety feature in both mid-range and high-end models. The commercial vehicle segment is also experiencing growth, driven by the need for enhanced safety measures in delivery trucks, buses, and heavy-duty vehicles that operate in congested urban environments. Additionally, the rise of electric vehicles has spurred demand for advanced safety features, including split-view cameras, to improve the overall driving experience and minimize accident risks. Camera position is another key segmentation factor, with split-view cameras being installed at the rear, front, and side of vehicles. Rear-view split cameras are the most prevalent, used primarily for parking assistance and reverse maneuvering. Front and side-view cameras are gaining popularity as automakers prioritize 360-degree visibility, enabling drivers to make safer turns and lane changes. The technology segment is categorized into image sensors, processors, and advanced software algorithms. Innovations in image processing and machine learning have improved the performance of split-view camera modules, providing clearer images and enhanced object detection capabilities even in low-light conditions.How Are Split-View Camera Modules Transforming the Driving Experience?
Split-view camera modules are transforming the driving experience by providing real-time visual information that reduces the risk of collisions and enhances driver confidence. In urban settings, these cameras are invaluable for navigating narrow streets and tight parking spaces, allowing drivers to maneuver safely and efficiently. The integration of split-view technology with advanced driver assistance systems (ADAS), such as automated parking and blind-spot detection, has further elevated the functionality of these cameras. Drivers can rely on visual alerts and adaptive guidance systems to make more informed decisions, reducing the likelihood of accidents and enhancing overall road safety. In the commercial vehicle sector, split-view cameras are becoming essential tools for fleet operators. Delivery trucks and buses, which often operate in high-traffic areas, benefit from these cameras by minimizing blind spots and improving the driver’s ability to anticipate and avoid obstacles. Additionally, split-view camera modules are being integrated with telematics and fleet management systems, allowing real-time monitoring and recording of driving conditions. This feature not only aids in accident prevention but also provides valuable data for post-incident analysis and driver training programs, further enhancing safety and operational efficiency.What Factors Are Driving the Growth in the Automotive Split-View Camera Module Market?
The growth in the Automotive Split-View Camera Module market is driven by several factors, including stringent safety regulations, the rising demand for advanced driver assistance systems (ADAS), and the increasing adoption of electric and autonomous vehicles. Governments worldwide are implementing stricter safety standards, mandating the use of advanced camera systems to reduce accidents and improve road safety. This regulatory push has accelerated the adoption of split-view cameras across various vehicle segments. Additionally, the growing consumer preference for vehicles equipped with state-of-the-art safety features has spurred automakers to incorporate split-view camera modules as standard or optional features in new models. Technological advancements, such as high-definition image sensors, machine learning algorithms for object detection, and seamless integration with ADAS, have further fueled market growth, making split-view camera modules a vital component in the future of automotive safety.Scope of the Study
The report analyzes the Automotive Split-View Camera Modules market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.Segments:
Lens Type (Single Lens Camera, Dual Lens Camera); Resolution (HD (720p) Resolution, Full HD (1080p) Resolution, Ultra HD (4K) Resolution); End-Use (Passenger Cars End-Use, Commercial Vehicles End-Use).Geographic Regions/Countries:
World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Rest of Europe; Asia-Pacific; Rest of World.Key Insights:
- Market Growth: Understand the significant growth trajectory of the Single Lens Camera segment, which is expected to reach US$23.9 Billion by 2030 with a CAGR of a 9.1%. The Dual Lens Camera segment is also set to grow at 10.0% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $6.2 Billion in 2024, and China, forecasted to grow at an impressive 8.5% CAGR to reach $6.1 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as AB Volvo, Ford Motor Co., GM Envolve, Honda Motor Co., Ltd., Hyundai Motor Company and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Automotive Split-View Camera Modules Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Automotive Split-View Camera Modules Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Automotive Split-View Camera Modules Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Some of the 34 companies featured in this Automotive Split-View Camera Modules market report include:
- AB Volvo
- Ford Motor Co.
- GM Envolve
- Honda Motor Co., Ltd.
- Hyundai Motor Company
- Jaguar Land Rover Automotive PLC
- Nissan Motor Co., Ltd.
- Rear View Safety, Inc.
- Renesas Electronics Corporation
- Robert Bosch GmbH
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYREST OF EUROPEREST OF WORLDIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
Companies Mentioned
- AB Volvo
- Ford Motor Co.
- GM Envolve
- Honda Motor Co., Ltd.
- Hyundai Motor Company
- Jaguar Land Rover Automotive PLC
- Nissan Motor Co., Ltd.
- Rear View Safety, Inc.
- Renesas Electronics Corporation
- Robert Bosch GmbH
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 211 |
| Published | January 2025 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 23.1 Billion |
| Forecasted Market Value ( USD | $ 39.7 Billion |
| Compound Annual Growth Rate | 9.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
