Automotive Split-view Camera Module Market was valued at USD 2.1 Billion in 2022 and is projected to reach USD 5.4 Billion by 2030, growing at a CAGR of 12.3% from 2024 to 2030.
The market for Aftermarket TPMS witnessed steady growth between 2018 and 2022, driven by several factors. With more drivers seeking to enhance vehicle safety and reduce fuel consumption, the adoption of TPMS became more widespread. In particular, North America led the market due to stringent regulations requiring TPMS in all passenger vehicles. These systems, which help to monitor tire pressure and alert drivers to low pressure, not only improve safety but also lead to greater fuel efficiency and reduced vehicle emissions. As technology advanced, there was a notable shift toward more accurate, user-friendly systems that integrate easily with mobile apps, leading to greater customer satisfaction and a broader consumer base.
The period from 2023 to 2033 is projected to see significant transformations in the Aftermarket TPMS market. One of the key drivers will be the growing integration of TPMS with other vehicle management systems, including advanced driver-assistance systems (ADAS) and IoT connectivity. These integrations are expected to improve overall vehicle performance and safety. As electric vehicles (EVs) gain traction, TPMS manufacturers are likely to develop new models tailored to the unique needs of these vehicles, such as those that can monitor tire performance over long distances or in harsh driving conditions.
The demand for advanced, high-quality TPMS is anticipated to rise with increasing vehicle electrification, as EVs require highly accurate tire pressure monitoring systems for optimal performance and energy efficiency. Additionally, the emergence of self-learning algorithms in TPMS devices, which can predict tire wear and failure before they happen, is expected to enhance the market’s growth potential. Furthermore, the rising awareness regarding tire-related accidents, coupled with global safety standards, will continue to drive the aftermarket market.
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The Aftermarket Tire Pressure Monitoring System (TPMS) market has experienced a noticeable shift between 2018 and 2022, with a steady increase in demand, particularly in developed regions like North America and Europe. This surge in demand can be attributed to heightened consumer awareness regarding vehicle safety and the adoption of new vehicle regulations requiring TPMS in most vehicles. During this period, there was also a rise in the popularity of aftermarket products due to their ability to monitor tire pressure more efficiently than traditional systems. However, the landscape of this market is expected to change as we move into the years from 2023 to 2033, driven by advancements in technology, regulatory shifts, and evolving consumer preferences.
Bosch
Continental
Clarion
Delphi
Ford Motor Company
Valeo
Nissan
MapmyIndia
Rear View Safety
Rosco Vision Systems
Ambarella
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Automotive Split-view Camera Module Market
OEMs
Aftermarket
Based on Types the Market is categorized into Below types that held the largest Automotive Split-view Camera Module market share In 2023.
CCD Chip
CMOS Chip
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Automotive Split-view Camera Module Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Automotive Split-view Camera Module Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Automotive Split-view Camera Module Market, By Type
6. Global Automotive Split-view Camera Module Market, By Application
7. Global Automotive Split-view Camera Module Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Automotive Split-view Camera Module Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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