Chan Ye Xin Xi Wang·2025-07-04 01:29Core Viewpoint - The automotive camera module market in China is experiencing explosive growth driven by the rapid adoption of electric vehicles and advancements in intelligent driving technology. Domestic companies are increasing R&D investments and expanding production capacity to meet rising market demand [1][16]. Industry Overview - Automotive camera modules are visual sensor systems installed in vehicles to collect surrounding image and video information. They are primarily used in Driver Monitoring Systems (DMS) and Advanced Driver Assistance Systems (ADAS) [4]. - The industry has evolved through stages from initial exploration in the 1950s to rapid growth in the 21st century, with significant advancements in resolution and performance [6]. Market Size and Growth - The Chinese automotive camera module market is projected to reach approximately 15.68 billion yuan in 2024. The global market is expected to grow from 6 billion USD in 2023 to 9 billion USD by 2029, with a CAGR of 6.99% [1][14][16]. Industry Chain - The upstream of the automotive camera module industry includes components like lenses, image sensors, and image processing chips. The midstream involves the manufacturing of camera modules, while the downstream serves the automotive sector, including both OEM and aftermarket applications [8]. Key Companies - Notable companies in the automotive camera module sector include: - Haoen Automotive Electronics: Focuses on intelligent driving systems and visual perception products [21]. - Desay SV Automotive: Specializes in smart cockpit and driving solutions [23]. - Hikvision: Known for its electronic products and video surveillance systems [20]. - Other significant players include BYD, O-Film, and Sunny Optical [18][19]. Industry Trends - Intelligentization: Future camera modules will integrate AI for real-time environmental perception and decision-making, enhancing safety features [25]. - Integration: There is a trend towards high integration of functionalities within camera modules, reducing complexity and cost in vehicle wiring [26]. Future Outlook - The automotive camera module industry is expected to continue its rapid growth, driven by advancements in technology and increasing demand for intelligent and connected vehicles [1][16].