Segmentation: Global Automotive Sensor and Camera Technologies Market
The global automotive sensor and camera technologies market is segmented into three notable segments which are type, vehicle type and application.
On the basis of type, the market is segmented into sensor type and camera type. Camera type segment is growing at the highest CAGR in the forecast period of 2019 to 2026.
Increasing the sales of passenger cars and commercial cars is responsible for growing sensors and camera type market in Asia.
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On the basis of vehicle type, the market is segmented into passenger car, LCV and HCV. Passenger car segment is growing at the highest CAGR of 9.5% in the forecast period of 2019 to 2026.
Globally, the most people prefer passenger car as compared to LCV and HCV, hence passenger car segment growing with highest CARG.
Competitive Analysis: Global Automotive Sensor and Camera Technologies Market
Some of the prominent participants operating in this market are Robert Bosch Gmbh, Delphi Automotive Plc, Continental Ag, Valeo, Autoliv Inc, Omnivision Technologies Inc, Magna International Inc, Mobileye, Zf Friedrichshafen Ag and Others.
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Product Launch:
In January, Bosch launches BMA400 ultra-low power accelerometer sensor. It is loe power consumption sensor and built in step counter drawing only 4 μA.
In September, Delphi Technologies have launched a new diagnostics tool, which is used to provide well accurate data as well as the tool gives technicians the ability to read and erase fault codes, recode and activate components for key systems such as fuel, ignition, diesel, and so on.
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