DUBLIN, October 19, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Automotive Split-view Camera Module Market 2016-2020" report to their offering.
The report forecasts the global automotive split-view camera module market to grow at a CAGR of 13.8% during the period 2016-2020.
The differentiation in the form of an extremely sharp image, well-balanced color, and good performance in low light makes this development unique, and has already set a high benchmark for competitors. We expect the 360-degree view as the future of the camera-view system in vehicles and may act as a stepping stone for the futuristic autonomous vehicle. Additionally, we expect this trend to be positive for the growth of automotive split-view camera market during the forecast period and will allow luxury cars OEMs to create differentiation from the front and rear-view cameras adopted in the mass segment.
According to the report, the quest for automobile safety is considered one of the key drivers in the development of advanced driver and automobile safety systems. Advanced safety and security features are no longer limited to luxury vehicles. Consumers are now more aware of safety systems and technologies and are taking an interest in improving the safety systems for their vehicles. As a result, electronic equipment such as radars, cameras, and sensors are now being increasingly installed, even in entry-level vehicles.
Further, the report states that the automotive split-view camera module market is faced with the challenge of high replacement costs associated with split-view cameras. An automotive split-view camera is an essential component for spotting obstacles in blind spots and also in the functioning of the driver assistance and safety systems. Basically, cameras play a critical function in the vehicle, as they provide a blur-free and crisp image of the blind spots and nearby surroundings of the automobile.
- Ford Motor Company
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by vehicle type
PART 07: Geographical segmentation
PART 08: Market drivers
PART 09: Market challenges
PART 10: Market trends
PART 11: Vendor landscape
PART 12: Key vendor analysis
PART 13: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/2dw4wj/global_automotive
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SOURCE Research and Markets