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Monday, May 18, 2020

Front-View Automotive Camera Market Grew 95% in 2019 in China

ResearchInChina report "Automotive Vision Industry Chain Report 2019-2020 (I): Monocular Vision" says:

"About 23 million cameras were pre-installed in new passenger cars in China in 2019, up 11.7% on an annualized basis, as is revealed by ResearchInChina.

Front-view monocular cameras and surround-view cameras grew by 95.6% and 23.9% year-on-year respectively, while both rear-view and side-view cameras dropped.

The Tier1 suppliers such as Bosch, Continental, Aptiv, Denso, Valeo, Veoneer, ZF, etc. occupy more than 90% share of the front-view monocular camera market, so that Chinese visual ADAS vendors that rarely ever break monopoly turn to focus on surround-view cameras, rear-view cameras, commercial vehicle vision ADAS and other markets.
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"For safer driving on roads, European Commission approved EU rules requiring life-saving technologies in vehicles. The advanced systems that will have to be fitted in all new vehicles are: intelligent speed assistance; alcohol interlock installation facilitation; driver drowsiness and attention warning; advanced driver distraction warning; emergency stop signal; reversing detection; and event data recorder (“black box”). Most of these technologies and systems are due to become mandatory as from May 2022 for new models and as from May 2024 for existing models."

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