Split-view camera installed in a vehicle allows the driver to see the front or rear side of the vehicle. Split-view camera provides cross-traffic views in front of and behind the vehicle, and also allows the driver to see top-down view of area outside the vehicle. Split-view feature can be considered as an advanced safety feature in an automobile. It makes real-time video feeds from wide angle lens cameras in the tail gate and griller. This enables the driver to detect any obstacle approaching the vehicle straight or from the side. Therefore, it provides safety and ensures the growth of the automotive split view module market in the coming years.
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COVID-19 scenario analysis:
- COVID-19 has hampered the growth of the automobile industry, which, in turn, also hindered the growth of the automotive split-view camera module market.
- Significant fall in demand for automobile and restriction of cash have affected the automotive split-view camera module market.
- COVID-19 has reduced the use of vehicles, thus resulting in no accidents and decline in demand for automotive split-view camera module.
- COVID-19 resulted in no traffic and no demand for automotive split-view camera module.
- COVID-19 pandemic has slowed down the process of production, which is expected to restart only when situation becomes stable.
Top impacting factors: Market scenario analysis, trends, drivers, and impact analysis
The significant factors that lead to the growth of the automotive split-view camera module market are legislation standards to push split-view camera adoption and increase in safety & security of vehicles. Moreover, high installation cost and introduction of low-cost LiDAR as a potential substitute hamper the growth of the automotive split-view camera module market. Furthermore, development of enhanced 360° view camera systems and increase in demand for safety vehicles production are expected to fuel in the growth of the automotive split-view camera module market.
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Legislation standards to push split-view camera adoption
Safety plays an important role while driving vehicles. This has increased the adoption of split view camera. In addition, there are some standards already set up to push the adoption of split-view cameras. Therefore, 360° view assures safety while driving and helps in the growth of the automotive split-view camera module market.
Increase in safety & security of vehicles
With increase in road accidents while driving, awareness among people for safety has increased. Split-view camera provides 360° view while reversing, which reduces the chances of collision. Therefore, increase in safety and security has increased the demand for automotive split-view camera modules.
Key benefits of the report:
- This study presents the analytical depiction of the automotive split-view camera module along with current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the automotive split-view camera module market share.
- The current market is analyzed to highlight the automotive split-view camera module market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed analysis based on competitive intensity and how the competition will take shape in coming years.
Questions answered in the automotive split-view camera module market research report:
- Which are the leading market players active in the market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities of the market?
- What are the projections for the future that would help in taking further strategic steps?
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Automotive Split-view Camera Module Market Report Highlights
| Aspects | Details |
|---|---|
| By Type | CCD ChipsCMOS Chips |
| By Application | Original Equipment ManufacturerAftermarket |
| By Region | North America (US, Canada)Europe (Germany, UK, France, rest of Europe)Asia-Pacific (China, Japan, India, rest of Asia-Pacific)Latin America (Brazil, Mexico, rest of LATAM)the Middle East Africa |
| Key Market Players | Ruijie, Mercury, TP-Link, ZTE, Huawei, Tenda, Digital, Swift, Siemens, Netcore, H3C, D-Link, Cisco, Volans, ASUS |
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