How big is the Europe Automotive Camera Market?

The Europe Automotive Camera Market size is expected to reach USD 2.72 billion in 2024 and grow at a CAGR of 20% to reach USD 6.78 billion by 2029. Read More

What is the current Europe Automotive Camera Market size?

In 2024, the Europe Automotive Camera Market size is expected to reach USD 2.72 billion. Read More

Who are the key players in Europe Automotive Camera Market?

Continental AG, ZF Friedrichshafen AG, Robert Bosch GmbH, Valeo SA and Ficosa Internacional SA are the major companies operating in the Europe Automotive Camera Market. Read More

What years does this Europe Automotive Camera Market cover, and what was the market size in 2023?

In 2023, the Europe Automotive Camera Market size was estimated at USD 2.18 billion. The report covers the Europe Automotive Camera Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Automotive Camera Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Europe Automotive Camera Market Size & Share Analysis - Industry Research Report

Europe Automotive Camera Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Europe Automotive Camera Market is Segmented by Camera Type (Viewing Camera and Sensing Camera), Application Type (ADAS, Parking Assist, and Other Applications), Vehicle Type (Passenger Car and Commercial Vehicles), and Geography (Germany, United Kingdom, France, Italy, Spain, and Rest of Europe). The Report Offers the Market Size and Forecast in Value (USD) for all the Above Segments.

Europe Automotive Camera Industry Overview

The Europe Automotive Camera market is dominated by several key players such as Continental AG, Robert Bosch GmbH, ZF Friedrichshafen AG, and others. The market is highly driven by factors like advanced technology, growing investment in R&D projects, and a growing market of electric and autonomous vehicles around the region. The automotive camera manufacturers are looking for strategic partnerships with established original equipment manufacturers (OEMs) to achieve a contract to supply the entire camera system to them.

In January 2023, ZF Friedrichshafen AG produced over 50 million cameras for customers. ZF and its partner Mobileye design, develop and deliver camera systems based on Mobileye's EyeQ processors for advanced object recognition technology.

In May 2022, Valeo produced a one hundred millionths automotive nearfield camera, which gives the car its rear and surround vision, at its Tuam site in Ireland. It now plans to produce more than 20 million cameras a year and delivers as many units to OEMs in the next four years as it did in the last 15, meaning another 100 million cameras by 2026.

In October 2021, LG Electronics Inc. announced that its Advanced Driving Assistance System (ADAS) front camera is available in the Mercedes-Benz C-Class.