Automotive Camera Module Market to Hit $8.7 Billion by 2030

2025-07-08 automotive

Paris, Tuesday, 8 July 2025.
Projected to grow at 6.6% CAGR, the automotive camera market will rise from $6 billion in 2024 to $8.7 billion by 2030, driven by ADAS demand and safety regulations.

European Regulatory Influence on Market Growth

The European Union’s General Safety Regulation II, which took effect in July 2024, mandates the inclusion of forward-facing cameras for lane-keeping and emergency braking, significantly driving the demand for automotive camera modules. These regulations aim to enhance vehicle safety, ensuring compliance by automobile manufacturers through advanced driver-assistance systems (ADAS) [3][6].

Technological Advancements and Specifications

Technological advancements such as higher-resolution sensors and improved HDR and LED Flickering Mitigation (LFM) are becoming standard in camera modules. The push towards 8-megapixel sensors in ADAS applications aims to improve perception ranges and sensor fusion efficacy. The integration of Event-based Vision Sensors (EVS) and Near-Infrared/Short-Wave Infrared (NIR/SWIR) technologies further refines these modules for enhanced vehicle safety [1][3].

Driving Economic and Market Implications

As manufacturers strive to meet regulatory standards and consumer demand, the automotive camera module market’s projected growth at a 6.6% CAGR presents both challenges and opportunities. Key players like Yole have identified significant investment areas such as smart in-cabin monitoring systems, which are bolstered by rising regulatory demands for driver monitoring [3]. The need for innovation in production capabilities is driving the market towards more integrated solutions [1][6].

Looking Ahead: Future Prospects

The market’s trajectory indicates a shift towards more centralised vehicle architectures with distributed camera systems to support multiple functionalities, mirroring trends in regional markets like Asia-Pacific. This shift is expected to spur further innovations in camera design and integrated technologies, fostering collaboration among global automotive manufacturers to meet an evolving set of consumer and regulatory expectations [1][2][5].

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market growth automotive cameras