Automotive Camera Market is expected to grow at a rapid pace during the forecast period of 2018-2026.

The automated systems integrated in the vehicles use combinations of different sensing components such as LiDARs, cameras, radars, and ultrasonic sensors, among others. The data collected from these sensors is synced with the data extracted from other system components such as GPS and mapping elements. This combined data is further processed by data processors and with the help of software surrounding information, it is presented to the users.

Request the Sample @ https://bisresearch.com/requestsample?id=526&type=download

The market value of the automotive cameras according to different levels of automation. The market for level 1 (ADAS) automotive cameras was estimated to hold approximately XX% market share of the total automotive camera market in the year 2017. High market volume of ADAS integrated vehicles, early application of the usage and greater market penetration of cameras in these vehicles accounted for the market dominance of cameras for level 1 automation. Higher automation necessitates the use of multiple cameras in autonomous driving system. Therefore, owing to the expected exponential increase in number of vehicles integrated with level XX automation, market for level XX automation is expected to grow at the highest CAGR (XX%) in the forecast period. The market value for automotive cameras for level XX automation was estimated at $XX million in year 2017 which is expected to reach $XX million till 2026 with a CAGR of XX%, during the years 2018-2026.

View Complete Report @ Automotive Camera Market

Sensing components such as LiDARs, cameras, and radars etc. play a vital role in detecting obstacles present beyond the driver’s visual line of sight.Depending upon different automobile applications, multiple sensors are integrated in the vehicles. For instance, features of level 1 automation such as rear parking assist, parking spot detection can be performed using one type of sensor. However, with increase in the level of automation, high density and accuracy of data is required. Therefore, leading to the usage of multiple sensor based autonomous systems.

Related Reports:

Global ADAS and Autonomous Driving Components Market, Analysis & Forecast – 2017-2026

Global Autonomous Vehicles Market - Analysis & Forecast (2016-2025)

Comments

Chatbots Increasing Efficiency in Healthcare Market

Chatbots are one of the prominent technologies currently being integrated into the healthcare system. The chatbots are not considered as the SaMD (software as medical device) as they do not participate in clinical decision-making process, rather, they act as the personal healthcare assistant as well as the trainer for its users. Click Here To Get Detailed Description of Chatbots in Healthcare Market The usage of chatbots in the healthcare has gained popularity since 2013, when Babylon Health, the first healthcare chatbot company of the U.K. was launched. The company offered symptom checker chatbot and has started using the same chatbot as a health checker as well. The industry comprises the bot developers, platform providers, content providers, and the interface providers. Since there are no regulatory bodies such as FDA and MHRA directly governing the usage of chatbots, launching the chatbot is convenient for the developers. New start-ups are coming up wit...

Wireless Charging Technology – Analyzing the Market Drivers and Restraints

Wireless charging technology eliminates the use of wires to power devices and enables a device to be charged automatically when placed near a transmitter. The wireless charging technology is however, not new in the world of technology, rather, has been in existence since the late 1800s. With the incorporation of the technology in smartphones, it has been experiencing a massive boost in popularity. Request the Sample @ https://bisresearch.com/requestsample?id=645&type=download According to the latest market intelligence report by BIS Research titled “ Global Wireless Charging Market - Analysis and Forecast (2018-2023) ,” the market was valued at $2.58 billion in 2017 and is projected to grow at a CAGR of 40.97%, during the forecast period and reach $20.97 billion by 2023. The market is estimated to witness the highest growth in the Asia-Pacific (APAC) region during the forecast period (2018-2023). The wireless charging technology is not only limited to the sm...

Analyzing the Growth and Expansion of the Neurostimulation Devices Market

The global healthcare economic burden, at present, is primarily characterized by major contributors such as chronic pain and neurological disorders. The annual societal cost for chronic pain and neurological disorders accounted for $635 billion and $789 billion respectively in the U.S., in 2014. Opioids are one of the most preferred medicines for the treatment of chronic pain, however, the side-effects associated with opioids have resulted in a decline in their overall usage and sale. Consequently, the increasing cases of neurological disorders and the need for a novel approach for the treatment of such diseases has led to the advent of neuromodulation technologies. The rapid shift of the healthcare industry toward neurostimulation devices from opioids and other conventional treatment techniques can be attributed to the efficient, safe, and targeted approach of neurostimulation devices. BIS Research recently published a market intelligence report titled “ Global Neurostim...

BIS Research ( Business Intelligence and Strategy Research)

Search This Blog