#Automotive Camera Sensor Market Applications

[researchrealmblog]

Vehicles Getting Smart with Automotive Camera Sensors

It is impossible to find any modern car without sensors. Gone are those days, when all of the things were manual and the security was also limited. With the advancement in technology and it becoming smart, that smartness is also imbibed into the car, with the help of sensors. There are many kinds of sensors present in automotive, but in this blog, we will focus upon the camera sensors, to be specific.

CMOS and CCD image sensors have revolutionized the world of automotive camera sensors. With the obtainability of the newly developed camera sensors, safety features have surely augmented and people get a feel that they are travelling in a smart car.

Automotive camera sensors are integral parts of autonomous driving systems and ADAS. They offer visual info about the surroundings of the car including color, shape, and texture of diverse objects for example susceptible road users, signs, traffic signals, other vehicles, road markings etc.  

Due to the fact that, they are an integral part of the modern vehicles the demand for automotive camera sensors is on the rise, and it will reach a value of USD 5,847.3 million by the end of this decade.

There are quite a few of HDR automotive image sensors present in the new vehicle models. These sensors comprised, split pixel, sequential exposure, and super-exposure pixel architectures.

Cameras are deployed in the vehicle for increasing comfort and safety, including, ADAS applications and for mirror replacement.  

Making the Driver Clearer and More Efficient

Modern automotive cameras would be inadequate has all the imaging tools of capturing and processing what is seen. Empowering the ‘eyes’ of the automobile, Automotive imaging tech is growing the distance in which objects can be observed and speed by which the image is handled. These progressions allow drivers to have a clearer vision of what all is happening on the road, and seeing that they could take better decisions while driving.

Reversing the Car Made Easy

The smart rear view camera sensor provides display, processing of the image. The smart rear view camera helps the driver to see what is coming from the back side. This also helps in the reverse parking assist. Reversing the car is not that easy for many people, and many times experts also find it difficult to take the vehicle reverse.

 Keeping the Vehicles at Bay from the Pedestrians

Roads are not only for vehicles but for the pedestrians as well. All the drivers have to be mindful of the fact that the vehicle does not collide with any pedestrian present on the road. Modern automotive camera sensors have got a human detection algorithm for the safety of the pedestrians and it can also provide the driver with alerts.

 Nowadays people are well aware of their safety in vehicles and so demand advanced safety features in the vehicles, technical advancements happening in the automotive industry, and its movement toward autonomous and smart vehicles, and last but not the least is the adoption of ADAS features in vehicles.

All this is directly proportional to the increasing demand for automotive camera sensors.

Source: P&S Intelligence 

[industryanalysis]

ADAS Sensor Market Growth, Demand & Opportunities

Bosch claims that its fourth-generation long-range radar (LRR) for automobiles has a detection range of up to 250 meters, while Continental’s fifth-generation LRR is claimed to have a range of 300 meters. Many more automotive technology companies are bringing innovations in their radar, light detection and ranging (LiDAR), ultrasonic, and camera sensors considering the rising demand for autonomous vehicles. This is because autonomous vehicles require advanced driver assistance systems (ADAS) to drive on their own, which, in turn, require all these kinds of sensors to function.

For More Insights:-https://www.psmarketresearch.com/market-analysis/adas-sensor-market

Market Segmentation by Application

•Adaptive Cruise Control (ACC) System

•Automatic Emergency Braking (AEB) System

•Blind Spot Detection (BSD) System

•Lane Keeping Assistance System (LKAS)

•Adaptive Front Light (AFL) System

•Cross Traffic Alert (CTA) System

•Driver Monitoring System (DMS)

•Intelligent Park Assist (IPA) System

•Night Vision System (NVS)

•Others

[skyjohn009]

Robotic Sensors Market Report: Unlocking Efficiency and Innovation in Automation

Robotic Sensors Market Report: Unlocking Efficiency and Innovation in Automation

Market Definition and Latest Trends

The robotic sensors market refers to the industry that designs, manufactures, and supplies sensors for use in robotics and automation systems. These sensors enable robots to perceive their environment, detect changes, and make informed decisions. The latest trends in the robotic sensors market include:

Advancements in sensor technologies, such as vision, force, and torque sensing

Increased adoption of Industry 4.0 and smart manufacturing

Growing demand for collaborative robots (cobots) and autonomous mobile robots (AMRs)

Integration of artificial intelligence (AI) and machine learning (ML) in robotic systems

The robotic sensors market refers to the industry focused on the development, manufacturing, and application of sensors used in robotic systems. These sensors are crucial for enabling robots to perceive and interact with their environment, providing essential feedback for various operations. Robotic sensors can be used for a wide range of applications, including navigation, obstacle detection, manipulation, environmental monitoring, and human-robot interaction.

The types of sensors commonly used in robotics include proximity sensors, vision sensors, force sensors, temperature sensors, and tactile sensors, among others. These sensors play an integral role in various robotic applications, such as industrial automation, healthcare, agriculture, and autonomous vehicles.

Market Size and Forecast

According to the latest report by Straits Research, the global robotic sensors market size was valued at USD 570.06 million in 2022 and is projected to reach from USD XX million in 2023 to USD 1166.41 million by 2031, growing at a CAGR of 8.28% during the forecast period (2023–2031).

Report Request Sample Link:https://straitsresearch.com/report/robotic-sensors-market/request-sample

Market Segmentation

The robotic sensors market is segmented into two main categories:

By Type

Force and Torque Sensor: Measures the force and torque applied to a robot's joints or end-effector.

Temperature Sensor: Monitors the temperature of a robot's components or environment.

Pressure Sensor: Detects changes in pressure, often used in robotic grippers or end-effectors.

Position Sensor: Tracks the position and orientation of a robot's joints or end-effector.

Proximity Sensor: Detects the presence or absence of objects within a certain range.

Vision Sensor: Uses cameras or other imaging technologies to detect and interpret visual data.

Other Type of Sensors: Includes sensors for detecting sound, vibration, or other environmental factors.

By End-User

Manufacturing: Uses robotic sensors in assembly, welding, and material handling applications.

Automotive: Employs robotic sensors in assembly, painting, and inspection applications.

Process and Packaging: Utilizes robotic sensors in food processing, packaging, and pharmaceutical applications.

Logistics: Deploys robotic sensors in warehousing, inventory management, and transportation applications.

Other End-Users: Includes industries such as healthcare, aerospace, and education.

Growth Factors and Opportunities

The robotic sensors market is driven by several growth factors, including:

Increasing demand for automation and robotics in various industries

Advancements in sensor technologies and artificial intelligence

Growing need for precision and accuracy in manufacturing and logistics

Rising adoption of Industry 4.0 and smart manufacturing

The market also presents several opportunities, including:

Development of new sensor technologies and applications

Integration of robotic sensors with other technologies, such as AI and IoT

Expansion into new industries and markets

Increasing demand for collaborative robots and autonomous mobile robots

Key Players in the Robotic Sensors Market

Some of the key players in the robotic sensors market include:

ATI Industrial Automation Inc. (Novanta Inc.): Offers a range of robotic sensors, including force and torque sensors.

Baumer Group: Provides sensors for robotic applications, including vision, pressure, and temperature sensors.

FUTEK Advanced Sensor Technology Inc.: Specializes in force and torque sensors for robotic applications.

FANUC Corporation: Offers a range of robotic sensors, including vision, force, and torque sensors.

Honeywell International Inc.: Provides sensors for robotic applications, including pressure, temperature, and vision sensors.

Infineon Technologies AG: Offers a range of sensors for robotic applications, including pressure, temperature, and position sensors.

Sensata Technologies: Provides sensors for robotic applications, including pressure, temperature, and position sensors.

OMRON Corporation: Offers a range of robotic sensors, including vision, force, and torque sensors.

TE Connectivity Ltd: Provides sensors for robotic applications, including pressure, temperature, and position sensors.

Tekscan Inc.: Specializes in force and pressure sensors for robotic applications.

Report Buy Now Link:https://straitsresearch.com/buy-now/robotic-sensors-market

About Straits Research

Straits Research is a leading market research firm that provides actionable insights and accurate analysis of various industries. Our team of experienced researchers and analysts use cutting-edge research techniques to provide comprehensive reports that help businesses make informed decisions.

[hariganesh858]

Machine Vision System and Components Market

Machine Vision System and Component Market Size, Share, Trends: Cognex Corporation Leads

Rapid adoption of automation and Industry 4.0 technologies drives market growth

Market Overview:

The global machine vision system and component market is expected to develop at a 9.2% CAGR between 2024 and 2031. Starting with a base value in 2024, the market is predicted to grow significantly by 2031. North America currently dominates the market, owing to the presence of significant technological companies and the extensive adoption of automation across many industries. The market has significant development potential due to rising demand for quality control, process optimization, and advanced industrial automation across a wide range of end-user categories.

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The rising emphasis on improving industrial efficiency and product quality has resulted in a considerable growth in the use of machine vision systems. More than 60% of manufacturers have integrated machine vision systems into their production processes, especially in regions with high labor costs and demanding quality standards such as North America and Europe. Industry 4.0 ambitions and the growing use of smart manufacturing technologies have fueled the demand for improved machine vision systems.

Market Trends:

Technological advancements in 3D vision technologies, such as stereo vision, structured light, and time-of-flight sensors, have created new opportunities for machine vision systems. These advanced technologies can enhance depth perception, object detection, and measurement capabilities, allowing for more precise quality control and process monitoring. Additionally, the incorporation of machine vision capabilities into embedded systems has resulted in the creation of tiny, cost-effective, and highly adaptable vision solutions catering to a broader range of end users.

Market Segmentation:

In the machine vision system and components market, the cameras segment dominates with nearly 35% of the overall revenue. Cameras play a crucial role as the principal sensing element in machine vision systems. Technological advancements, such as the development of high-resolution, high-speed, and specialized cameras, have led to widespread adoption across various applications. Over the last two years, the demand for industrial-grade cameras has surged by 25%, particularly in sectors like manufacturing, automotive, and healthcare.

The camera segment's continued growth is driven by economies of scale and improved manufacturing techniques, resulting in a 15% reduction in camera pricing. Analysts predict that the cameras segment will maintain its dominance due to ongoing integration of advanced imaging technologies and the growing demand for high-performance vision solutions.

Market Key Players:

Leading the machine vision system and component market are key players such as:

Cognex Corporation

Basler AG

Teledyne Technologies Incorporated

Omron Corporation

National Instruments

FLIR Systems, Inc.

These industry leaders are driving innovation and setting standards for quality and performance, ensuring the market's dynamic growth.

Contact Us:

Name: Hari Krishna

Email us: hari.krishna@aurorawaveintellects.com

Website: Aurora Wave Intellects

[automotive-and-aerospace]

In-Cabin Automotive AI Market Report

In-Cabin Automotive AI Market Report: Revolutionizing the Driving Experience with AI-Powered Technology

Market Definition and Latest Trends

The In-Cabin Automotive AI Market refers to the market for artificial intelligence (AI) powered technologies used in automotive cabins to enhance the driving experience, improve safety, and provide convenience. The market includes various AI-powered products and applications, such as driver monitoring systems, occupant monitoring systems, conversation assistance, and smart HVAC systems. The latest trends in the market include the increasing adoption of AI-powered technologies in the automotive industry, the growing demand for autonomous vehicles, and the rising need for advanced safety features.

Request a Free Sample (Free Executive Summary at Full Report Starting from USD 1850): https://straitsresearch.com/report/in-cabin-automotive-ai-market/request-sample

Market Size and Growth

The global In-Cabin Automotive AI Market size was valued at USD 112.39 Million in 2022 and is projected to reach from USD XX Million in 2023 to USD 3215.04 Million by 2031, growing at a CAGR of 45.21% during the forecast period (2023–2031).

Buy Full Report (Exclusive Insights with In-Depth Data Supplement): https://straitsresearch.com/buy-now/in-cabin-automotive-ai-market

Key Opportunity

One of the key opportunities in the In-Cabin Automotive AI Market is the growing demand for autonomous vehicles. Autonomous vehicles require advanced AI-powered technologies to operate safely and efficiently, creating a significant opportunity for companies that provide In-Cabin Automotive AI solutions.

List of Key Players

Some of the key players in the In-Cabin Automotive AI Market include:

Visteon Corporation

Eyeris

Seeing Machines Limited

Ambarella

Eyesight Technologies (Cipia)

Valeo

Robert Bosch GmbH

Faurecia

Hyundai Mobis

Denso Corporation

ZF Friedrichshafen AG

In-Cabin Automotive AI Market Segmentations

The global In-Cabin Automotive AI Market can be segmented into several categories, including:

By Product Type:

Radar

Camera

Voice Assistance

Smart Sensor

By Applications:

Occupant Monitoring System

Driver Monitoring System

Conversation Assistance

Smart HVAC

Market Segmentation with Insights-Driven Strategy Guide: https://straitsresearch.com/report/in-cabin-automotive-ai-market/segmentation

[willyskristina]

Motion Sensors Market

Motion Sensors Market Size, Share, Trends: Bosch Sensortec GmbH Leads

Smart Home Integration Drives Demand for Advanced Motion Sensing Technologies

Market Overview:

The global Motion Sensors Market is projected to grow at a CAGR of 7.8% during the forecast period of 2024-2031. The market value is expected to rise from USD XX billion in 2024 to USD YY billion by 2031. North America currently dominates the market, accounting for the largest share of global revenue. Key metrics include increasing adoption in smart home devices, growing automotive safety applications, and rising demand in industrial automation.

The ubiquity of IoT devices, developments in MEMS technology, and rising applications in many industries are all driving strong growth in the motion sensors market. The market is marked by fierce rivalry and quick technological breakthroughs, with an emphasis on increasing sensor accuracy, lowering power consumption, and boosting integration capabilities.

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Market Trends:

The integration of motion sensors into smart home ecosystems is transforming home automation and security. These sensors are becoming essential components of smart lighting systems, HVAC controls, and security cameras. The trend is being driven by consumers' increased desire for energy-efficient and convenient living areas.

Market Segmentation:

Passive Infrared (PIR) sensors continue to dominate the motion sensor industry due to their low cost, dependability, and diverse range of applications. These sensors are widely utilised in security systems, lighting control, and energy management applications in the residential, commercial, and industrial sectors.

Market Key Players:

Bosch Sensortec GmbH

STMicroelectronics

TDK InvenSense

Murata Manufacturing Co., Ltd.

TE Connectivity Ltd.

OMRON Corporation

Contact Us:

Name: Hari Krishna

Email us: hari.krishna@aurorawaveintellects.com

Website: https://aurorawaveintellects.com/

[rameshindustryarc]

𝐃𝐫𝐢𝐯𝐢𝐧𝐠 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧: 𝐄𝐱𝐩𝐥𝐨𝐫𝐢𝐧𝐠 𝐭𝐡𝐞 𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐏𝐨𝐰𝐞𝐫 𝐄𝐥𝐞𝐜𝐭𝐫𝐨𝐧𝐢𝐜𝐬 𝐌𝐚𝐫𝐤𝐞𝐭-IndustryARC™

Automotive Power Electronics Market Size is valued at $5.4 Billion by 2030, and is anticipated to grow at a CAGR of 4.2% during the forecast period 2024 -2030.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐚𝐦𝐩𝐥𝐞

The automotive industry is undergoing a transformation, with power electronics emerging as a pivotal technology. As electric vehicles (EVs) and smart mobility solutions gain momentum, the Automotive Power Electronics Market is driving advancements in vehicle efficiency, safety, and performance.

𝐊𝐞𝐲 𝐓𝐫𝐞𝐧𝐝𝐬 𝐒𝐡𝐚𝐩𝐢𝐧𝐠 𝐭𝐡𝐞 𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐏𝐨𝐰𝐞𝐫 𝐄𝐥𝐞𝐜𝐭𝐫𝐨𝐧𝐢𝐜𝐬 𝐌𝐚𝐫𝐤𝐞𝐭

The market is evolving with innovative technologies and applications that redefine vehicle design and functionality.

𝐒𝐮𝐫𝐠𝐞 𝐢𝐧 𝐄𝐥𝐞𝐜𝐭𝐫𝐢𝐜 𝐕𝐞𝐡𝐢𝐜𝐥𝐞 𝐀𝐝𝐨𝐩𝐭𝐢𝐨𝐧:The global shift towards electric mobility is accelerating demand for power electronics. Inverters, converters, and chargers are integral to EV operations, ensuring efficient energy conversion and distribution.

𝐑𝐢𝐬𝐞 𝐨𝐟 𝐀𝐮𝐭𝐨𝐧𝐨𝐦𝐨𝐮𝐬 𝐕𝐞𝐡𝐢𝐜𝐥𝐞𝐬: Self-driving cars rely heavily on power electronics to process vast amounts of data from sensors, cameras, and radars. These systems enable smooth navigation and safety features in autonomous vehicles.

𝐖𝐢𝐝𝐞 𝐁𝐚𝐧𝐝𝐠𝐚𝐩 𝐒𝐞𝐦𝐢𝐜𝐨𝐧𝐝𝐮𝐜𝐭𝐨𝐫𝐬:Materials like silicon carbide (SiC) and gallium nitride (GaN) are revolutionizing power electronics by improving efficiency and thermal management. These innovations lead to smaller, lighter, and more durable components.

𝐈𝐧𝐭𝐞𝐠𝐫𝐚𝐭𝐢𝐨𝐧 𝐰𝐢𝐭𝐡 𝐈𝐨𝐓 𝐚𝐧𝐝 𝐒𝐦𝐚𝐫𝐭 𝐂𝐨𝐧𝐧𝐞𝐜𝐭𝐢𝐯𝐢𝐭𝐲: Connected cars leverage power electronics for seamless communication between vehicle systems and external networks. This trend supports smart mobility solutions and vehicle-to-everything (V2X) technologies.

[ayushkolhe]

Rugged Thermal Cameras Market Outlook: Future Growth Trends and Technological Advancements Shaping the Industry

The rugged thermal cameras market is witnessing an era of significant growth, driven by the increasing need for high-quality imaging and reliability in extreme conditions. These cameras, which can withstand harsh environments such as high humidity, extreme temperatures, and shocks, have found applications across a wide range of sectors, including defense, industrial, commercial, and environmental monitoring. This article delves into the future outlook of the rugged thermal camera market, highlighting key trends, technological advancements, and sector-specific demands driving this expansion.

Rising Demand in Various Sectors-

The demand for rugged thermal cameras has surged significantly in recent years due to technological advancements and the increasing need for robust, durable surveillance solutions. As more industries embrace digital transformation and move towards IoT-enabled devices, the need for sophisticated thermal imaging to provide insights and improve operational efficiency is evident. These cameras are particularly popular in defense and security applications, allowing military forces, law enforcement, and border patrol to detect concealed objects or persons, even in challenging environments such as pitch-black darkness or dense smoke.

The construction and oil & gas industries are also prominent adopters of rugged thermal imaging devices. With thermal cameras, companies can easily monitor infrastructure integrity, assess mechanical faults, and evaluate energy loss in an efficient and cost-effective way. Furthermore, the automotive industry is integrating thermal cameras into driver assistance systems, improving vehicle safety through enhanced night vision.

Technological Advancements Enhancing Market Growth-

Technological innovations are critical drivers of market expansion. Over recent years, the miniaturization of rugged thermal cameras and improvements in sensor sensitivity have significantly enhanced image quality while reducing the size and cost of the devices. Emerging technologies such as the integration of machine learning with thermal imaging software are unlocking advanced capabilities, enabling predictive maintenance and real-time decision-making in several industries.

Next-generation thermal cameras offer expanded features such as high-definition imaging, longer-range detection, and real-time cloud data transmission, contributing to enhanced situational awareness and the ability to make informed decisions in both military and civilian applications. These advancements improve user safety and workflow by providing precise data even in tough environments, whether during surveillance, routine checks, or emergency response efforts.

Regional Growth Opportunities

The rugged thermal cameras market is expanding globally, with key growth markets in North America, Europe, and the Asia Pacific region. North America has been at the forefront, driven by strong demand in defense and industrial applications. However, Asia Pacific is expected to show the highest growth rate during the forecast period, driven by rapid industrialization, increasing defense spending, and the adoption of rugged thermal imaging systems in environmental monitoring projects.

Countries in the Middle East and Africa are also leveraging thermal cameras for oil and gas exploration, pipeline monitoring, and border control. As regional economies grow, the demand for advanced imaging technology across various applications, including firefighting, rescue operations, and wildlife monitoring, is likely to intensify.

Market Challenges

Despite promising growth, the rugged thermal cameras market faces challenges. One significant hurdle is the high cost of production and procurement, particularly for advanced models equipped with the latest technologies. This restricts the adoption of these devices in lower-budget projects or smaller companies. Moreover, the need for specialized training to effectively use thermal imaging equipment poses another barrier.

Furthermore, with the growing number of market players and intense competition, there is pressure to maintain product innovation while keeping costs competitive. This dynamic adds complexity to the market landscape, creating both opportunities and risks.

Future Outlook-

Looking ahead, the rugged thermal cameras market is set for steady growth, bolstered by ongoing technological improvements and the increasing reliance on high-performance imaging solutions in critical applications. As demand intensifies from sectors like construction, law enforcement, defense, and automotive, it is anticipated that further advances in thermal imaging technology will drive the expansion of product capabilities.

Furthermore, with the growing concern about security, public safety, and climate change, the demand for rugged thermal cameras in emergency services, disaster response, and environmental protection is expected to rise. Additionally, industries moving toward automation and predictive maintenance will boost thermal camera usage to monitor processes in real-time, prevent operational disruptions, and ensure safety.

Conclusion-

The rugged thermal cameras market is poised for continued growth. Key drivers such as advancements in technology, increased demand in defense and industrial sectors, and rising investments in smart infrastructure are all contributing to this growth. However, it is essential to address challenges like high costs and the need for specialized training to maximize market potential. As technology continues to evolve, the applications of rugged thermal cameras will expand across sectors, ensuring a secure and safe environment for industries and end-users worldwide.

[rohitpalan]

Smart Parking Market to Surge with a 17.8% CAGR, Projected to Reach USD 54.8 Billion by 2033

The smart parking market is projected to grow at a compound annual growth rate (CAGR) of 17.8% from 2023 to 2033. Although the market is estimated to be worth US$ 10.7 billion in 2023, it is expected to reach a market share of US$ 54.8 billion by 2033. A growing number of advanced guided park assist systems are being introduced, and fewer parking spaces are becoming available.

The rising population around the world along with the technological advancements in the automotive industry and its components are fueling the sales of smart parking systems.

The small spaces for designated parking demand a platform that provides the parking information, distance, and other details. Smart cloud integration, IoT integration, and vehicle detection sensors provide services like smart spots and mobile parking.

Smart parking can be explained as the joint parking strategy of technology and human innovation that saves time, fuel, and space while enhancing the overall parking experience.

The addition of a central server that inputs through sensors, cameras, parking meters, and smart city APIs and delivers output to management, authorities, and third-party solutions. This provides an ease to the end user in finding, purchasing, and locating a parking space for their vehicles.

Traffic and parking authorities across the globe are also promoting smart parking systems as it cuts the hassle and decreases manual inspection and parking allocation.

Vehicles with advanced transmission along with increased awareness around machine-to-machine communication have also limited the market space and have gained value for the smart parking market.

Key Takeaways

The United States market leads the market in terms of market share. The market is anticipated to cross a value of 11.0 billion by 2033. The regional market is expected to record a CAGR of 12.9% between 2023 and 2033.

The smart parking market in China leads the space in terms of CAGR. It thrives at a CAGR of 28.7% during the forecast period. The market is likely to reach US$ 9.6 billion by 2033. The rapid growth is attributed to the increased population and the introduction of new parking guidelines.

The hardware component is likely to thrive in the component category due to their significant price and one-time application. It is expected to record a CAGR of 15.3% during the forecast period.

The guided park assist systems segment tops the system tally with a CAGR of 16.4% between 2023 and 2033. The growth is attributed to the autonomous parking operations that are auto-enabled in most of the high-tech vehicles.

Competitive Landscape

Providing full support for parking operations for saving time, fuel, and space is the motive of vendors while designing smart parking systems. The prominent players are focused on sensory technology that is also integrated with cloud storage. The companies are also involved in mergers & acquisitions and strategic partnership with other companies to increase the supply chain and distribution channel. The key players in the market include Siemens, Cisco Systems, Huawei Technologies, Delphi Technologies, Intercomp S.p.A.

Recent Development:

Siemens and TASS International (A Siemens business) has collectively introduced UrbanSmartPark. It is a European initiative that is currently going through its test phase on real-world scenarios. It is likely to provide information around accident databases, manually created scenarios.

Cisco Systems launched its IoT Solution with LoRaWAN to enable smart parking operations. While LoRa delivers parking sensors, Cisco delivers the IXM LoRa Gateway for Frankfurt E-parking Architecture.

Key Segments

By Component:

Hardware

Sensors

Cameras

Parking Meters

Digital Guidance Signage

Others

Software

Parking Management Platforms

SDK/API

Services

Consulting

Integration & Support Services

Device Management Services

By System Type:

Guided Park Assist Systems

Smart Park Assist Systems

By Sensor Technology:

Ultrasonic Sensors

RFID

Image Sensors

Others

By Application Area:

Commercial

Government

Corporate

By Region:

North America

Latin America

Europe

Asia Pacific (APAC)

The Middle East & Africa (MEA)

[delightfullyatomiccollector-blog]

Industrial Camera Market – Global Forecast To 2029

The global industrial camera market is driven by advancements in automation, increasing adoption of Industry 4.0, and demand for high-precision imaging in sectors such as manufacturing, automotive, and healthcare. Additionally, growing investments in AI-powered vision systems enhance market growth.

[amrutatbrc1]

Plastic Lens Market Report 2024-2033 | By Types, Applications, Regions And Players 

The plastic lens global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.

Plastic Lens Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.

Market Size - The plastic lens market size has grown strongly in recent years. It will grow from $4.92 billion in 2023 to $5.27 billion in 2024 at a compound annual growth rate (CAGR) of 7.1%. The growth in the historic period can be attributed to advancements in polymer technology, increasing demand for lightweight materials in consumer electronics and automotive sectors, and the growth of affordable eyewear options. The plastic lens market size is expected to see strong growth in the next few years. It will grow to $6.99 billion in 2028 at a compound annual growth rate (CAGR) of 7.3%. The growth in the forecast period can be attributed to continued improvements in lens durability and scratch resistance, expanding applications in augmented reality and virtual reality devices, and a growing emphasis on sustainability, pushing manufacturers towards eco-friendly materials and production methods. Major trends in the forecast period include a shift towards smart lenses with integrated sensors for health monitoring and augmented vision capabilities, rise in customized lens solutions tailored to individual prescription needs and lifestyle preferences, advancements in 3d printing and digital manufacturing technologies, increasing regulations around lens safety and quality standards, rising consumer awareness of the environmental impact of plastic waste, encouraging the development of recyclable and biodegradable lens materials.

Order your report now for swift delivery @ https://www.thebusinessresearchcompany.com/report/plastic-lens-global-market-report

The Business Research Company's reports encompass a wide range of information, including:

1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.

2. Drivers: Examination of the key factors propelling market growth.

3. Trends: Identification of emerging trends and patterns shaping the market landscape.

4. Key Segments: Breakdown of the market into its primary segments and their respective performance.

5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.

6. Macro Economic Factors: Assessment of broader economic elements impacting the market.

Market Drivers - The increasing demand for consumer electronics is expected to propel the growth of the plastic lens market going forward. Consumer electronics refers to electronic devices and appliances designed for personal use by individuals. These products are typically used for entertainment, communication, and convenience in everyday life. The demand for consumer electronics is due to technological advancements, rising disposable incomes, and growing demand for smart, connected devices, which drive the expansion of innovative and multifunctional electronic products in the market. Plastic lenses are used in consumer electronics primarily for their lightweight and impact-resistant properties, enhancing the performance and durability of devices such as smartphone cameras, digital cameras, and tablets by providing clear and efficient optical functions while contributing to the overall sleek design of these gadgets. For instance, in May 2023, according to the Japan Electronics and Information Technology Industries Association, a Japan-based trade association, consumer electronics production reached ¥32.09 billion ($0.221 billion) in May 2023, compared to ¥25.27 billion ($0.174 billion) in May 2022. Furthermore, in March 2023, according to a report published by Cybercrew, a UK-based developing and providing cybersecurity solutions for businesses of all sizes, the percentage of UK households using smartphones reached 91.43% in 2021. This percentage is projected to increase to 93.8% in 2026. Therefore, the increasing demand for consumer electronics is driving the growth of the plastic lens market.

Market Trends - Major companies operating in the plastic lens market are focused on developing innovative products, such as camera lenses for self-driving vehicles, to enhance the safety and performance of autonomous driving systems. Camera lenses for self-driving vehicles are specialized optical components designed to capture high-resolution images and video for autonomous driving systems. For instance, in December 2022, LG Innotek Co. Ltd., a South Korea-based electronic component manufacturer, developed plastic-glass lenses for camera modules in self-driving cars. These innovative lenses combine plastic's lightweight and impact-resistant properties with the superior optical clarity of glass, ensuring high-resolution image capture and durability in demanding conditions. The integration of these lenses into self-driving car camera systems enhances the vehicle's ability to detect and interpret its surroundings with greater precision, contributing to improved safety and reliability.

The plastic lens market covered in this report is segmented –

1) By Type: Aspheric Lens, Spherical Lens, LED Lens, Sensor Lens, Diffractive Lens, Collimating Lens, Cylindrical Lens, Other Types 2) By Application: Safety Equipment, Sensing, Imaging, Projection Display, Flight Simulators, Detecting, Telecom Optics, Scanning, Barcode Scanner Optics 3) By End User: Medical Equipment, Scientific Equipment, Military Equipment, Consumer Electronics

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Regional Insights - North America was the largest region in the plastic lens market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the plastic lens market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Key Companies - Major companies operating in the plastic lens market are Johnson & Johnson Vision Care Inc., Panasonic Holding Corporation, Canon Inc., EssilorLuxottica S.A., Luxottica Group S.p.A., Bausch + Lomb Corporation, CooperVision Inc., Carl Zeiss AG, Largan Precision Co. Ltd., Vision Express (UK) Limited, Sekonix Co. Ltd., Rodenstock GmbH, Bluebell Industries Ltd., Rayner Intraocular Lenses Limited, Calin Technology Co. Ltd., Hinode Co. Ltd., Lensel Optics Pvt. Ltd., Tokai Optical Co. Ltd., Kantatsu Co. Ltd., Sunny Optical Technology (Group) Company Limited, Nikon Corporation, AAC Technologies Holdings Inc.< /b>

Table of Contents 1. Executive Summary 2. Plastic Lens Market Report Structure 3. Plastic Lens Market Trends And Strategies 4. Plastic Lens Market – Macro Economic Scenario 5. Plastic Lens Market Size And Growth ….. 27. Plastic Lens Market Competitor Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis 30. Appendix

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[tbrc34]

Shutter Image Sensor Market to Expand from $3.9 Billion in 2023 to $7.2 Billion by 2033, with a 6.2% CAGR

Shutter Image Sensor Market is evolving rapidly, driven by advancements in imaging technologies and the increasing demand for high-performance cameras. Shutter image sensors are essential for capturing sharp, distortion-free images in dynamic scenarios, making them indispensable in applications like photography, surveillance, automotive vision systems, and industrial automation. With the rise of 4K and 8K resolutions, innovations such as global shutters and high-speed sensors are enabling unparalleled image clarity and performance, catering to both consumer and professional needs.

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As industries like autonomous vehicles, robotics, and medical imaging continue to grow, the demand for shutter image sensors is set to skyrocket. Enhanced features like AI-powered image processing, low-light sensitivity, and compact designs are fueling the adoption of these sensors in cutting-edge technologies. The future of imaging lies in seamless integration, precision, and speed — qualities that the shutter image sensor market is uniquely positioned to deliver. Stay tuned for a world where every frame counts!

#ShutterImageSensor #ImagingInnovation #HighResolution #GlobalShutter #CameraTechnology #AIInImaging #FutureOfPhotography #SurveillanceTech #AutonomousDriving #SmartSensors #LowLightImaging #IndustrialAutomation #TechTrends 

[semiconductorsandelectronics]

The Future of Infrared Cameras: Market Insights and Growth

The infrared camera market is experiencing a significant boom as industries across the globe continue to recognize the vast potential of infrared (IR) technology. Infrared cameras, also known as thermal imaging cameras, are becoming indispensable tools for numerous sectors, including manufacturing, healthcare, security, automotive, and building inspections. This market growth is driven by the increasing demand for advanced thermal imaging solutions that enable businesses and professionals to detect heat patterns, monitor equipment performance, and ensure safety in a variety of applications.

Infrared Camera Market Overview

Infrared cameras capture infrared radiation emitted from objects, converting this heat data into visual images known as thermograms. These images are not only visually striking but also provide detailed thermal information that can be used for analysis and decision-making. The infrared camera market has witnessed impressive technological advancements in recent years, leading to higher-quality, more affordable, and versatile thermal imaging cameras.

Key Drivers of Infrared Camera Market Growth:

Increasing Industrial Applications: Industries such as manufacturing, energy, and construction use infrared cameras for predictive maintenance, identifying leaks, detecting overheating machinery, and improving energy efficiency. This contributes significantly to the demand in the infrared camera market.

Enhanced Safety and Security: Infrared cameras are widely used in security and surveillance, especially in low-light and no-light environments. Their ability to detect heat signatures enables law enforcement, border security, and defense personnel to monitor and identify threats in real time, driving the infrared camera market forward.

Rising Adoption in Healthcare: In the medical field, infrared thermography plays a vital role in diagnosing a variety of conditions, from detecting breast cancer to monitoring inflammation and tissue damage. The adoption of infrared cameras in healthcare is growing rapidly, further fueling the infrared camera market.

Technological Advancements: Innovations like higher resolution infrared sensors, miniaturization, wireless connectivity, and integration with AI and machine learning have made infrared cameras more efficient, compact, and user-friendly. These advancements continue to broaden the potential applications of infrared cameras, increasing their popularity in the market.

Global Infrared Camera Market to Reach USD 9.6 Billion by 2028

The global infrared camera market is estimated to be valued at USD 6.7 billion in 2023 and is projected to grow to USD 9.6 billion by 2028, reflecting a compound annual growth rate (CAGR) of 7.3% during the forecast period from 2023 to 2028.

One of the key drivers fueling the growth of the infrared camera market is the increasing adoption of infrared imaging products, particularly in security and surveillance applications.

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Infrared Camera Market Segmentation

The infrared camera market can be segmented based on technology, application, and region:

By Technology:

Uncooled Infrared Cameras: These are compact and affordable, making them suitable for a wide range of consumer applications such as building inspections and automotive diagnostics.

Cooled Infrared Cameras: These cameras offer higher sensitivity and are used in critical applications such as military surveillance and scientific research.

By Application:

Industrial and Manufacturing: Predictive maintenance, equipment monitoring, and quality control.

Healthcare: Non-invasive diagnosis, monitoring inflammation, and detecting anomalies in body temperature.

Security and Surveillance: Border security, night vision, and monitoring of critical infrastructure.

Automotive: Parking assistance, advanced driver-assistance systems (ADAS), and collision avoidance.

By Region:

North America: The largest share of the infrared camera market due to the strong presence of key players and a significant demand in industries such as aerospace, defense, and energy.

Europe: Growing adoption in industrial applications and healthcare, particularly in countries like Germany and the UK.

Asia Pacific: Rapid industrialization, particularly in China and India, is driving the infrared camera market in this region.

The Future of the Infrared Camera Market

The future of the infrared camera market looks incredibly promising, with new developments in thermal sensing technology set to propel further market growth. The integration of infrared cameras with smartphones, drones, and smart home devices is making them more accessible to both professionals and consumers alike. Additionally, the use of infrared technology in autonomous vehicles, disaster management, and environmental monitoring is expected to drive new opportunities within the market.

The increasing need for effective diagnostic tools, coupled with advancements in miniaturization and smart technologies, positions infrared cameras as an essential part of modern-day solutions. From enhanced safety in security to predictive maintenance in industries, infrared cameras are proving their worth in diverse sectors.

The infrared camera market is experiencing a transformative shift, with technology rapidly advancing and applications expanding across various industries. As the demand for more efficient, cost-effective, and multifunctional thermal imaging solutions increases, the market is set to reach new heights. Key factors driving this growth include enhanced industrial applications, improved safety features, the rising adoption of infrared technology in healthcare, and continuous technological innovations. The infrared camera market is undoubtedly a field to watch, offering vast opportunities for businesses and professionals worldwide.

With the continued evolution of infrared technology, it’s clear that infrared cameras are no longer a niche tool but a fundamental technology in diverse applications across the globe.

[iotexpo]

Industry trend｜GalaxyCore Successfully Mass Produces Multispectral CIS Solution

Recently, GalaxyCore announced the successful mass production of multispectral CIS, which gives new capabilities to image sensors. This solution can accurately identify the spectral information in the scene under complex ambient light, improve the color reproduction ability, and enable more intelligent detection applications to meet consumers' more intelligent and refined needs.

Schematic diagram of multispectral CIS

High-pixel product revenue continues to grow

GalaxyCore is one of the world's major suppliers of CMOS image sensors. In addition to CMOS image sensors, it also focuses on the research and development, design and sales of display driver chips. The products are mainly used in mobile phones, and are also widely used in consumer electronics and industrial applications such as tablets, laptops, wearable devices, mobile payments, and automotive electronics.

In terms of performance, GalaxyCore achieved a significant increase in revenue in the first three quarters, an increase of more than 40% year-on-year. This is mainly due to the company's continued expansion in the fields of CMOS image sensors and display driver chips and the increase in market share.

Despite the increase in revenue, GalaxyCore's net profit has declined significantly. This is mainly due to the company's increased investment in research and development, production line depreciation, and the impact of geopolitical factors, global inflation and other factors on consumer electronics market demand. However, from a single quarterly indicator, the company's gross profit margin and net profit margin have declined but improved quarter-on-quarter.

In the first three quarters, GalaxyCore's revenue from products with 13 million pixels or more has reached approximately RMB 1 billion, a 10-fold increase from the less than RMB 100 million in the first three quarters of last year. GalaxyCore has revealed that with the iteration and upgrading of products, the contribution of 32 million and 50 million pixel products to the company's performance will continue to increase.

At the same time, the company is also vigorously promoting 4 million and 8 million pixel products in the non-mobile phone field, which are widely used in smart cities, smart homes, conference systems and other fields. The pixel structure of the product is also constantly optimized and upgraded. Compared with the same period in 2023, the revenue in the first three quarters of 2024 increased by about 13%, and this growth almost all came from products with 4 million pixels and above.

In terms of display driver chip business, the proportion of TDDI (touch and display driver integration) in the product structure has increased significantly, and now exceeds 50%, laying a solid foundation for GalaxyCore to further expand the TDDI market.

Cooperate with mobile phone manufacturers such as vivo and OPPO

It is reported that at the end of October, iQOO launched the strongest flagship mobile phone of the year, iQOO13, at its new product launch conference. Among them, the front camera of iQOO13 uses GalaxyCell™ 0.7μm pixel process with GalaxyCell FPPI patented technology, supports 32 million full-pixel shooting, and can present high-resolution, detailed and colorful images. At night or in dark environments, it supports 4Cell synthesis, equivalent to 1.4μm 8-megapixel output, and can take bright and clear photos.

iQOO is a sub-brand launched by vivo on February 12, 2019, focusing on the high-performance smartphone market. It operates independently of vivo and has its own product line.

In early September, vivo released a new generation of leapfrog new product vivoY300Pro. Its front ultra-clear small wide-angle camera also uses GalaxyCell GC32E1, a single-chip 32-megapixel product, to achieve leading image performance in the same class.

At the end of August, GigaDevice's single-chip 32-megapixel image sensor GC32E2 was used in a number of new mobile phones launched by OPPO, helping the brand upgrade the front and rear main cameras of mainstream models, allowing more users to easily shoot high-definition images with rich details.

About Multispectral CIS

Multispectral CIS is an image sensor solution that can accurately identify spectral information in a scene under complex ambient light. By configuring multi-channel filter materials on the surface of the image sensor, capturing light of different wavelengths, and fusing calculations through back-end algorithms, multispectral CIS can obtain richer and more accurate color information. Its technical features include a wide spectral perception range, which can perceive signals from a wider band from ultraviolet to near-infrared, and improve the perception accuracy of the visible light band; strong color reproduction ability, which can capture more wavelengths of light and achieve more accurate color reproduction; and flexible and compact, which is easy to integrate and apply in various devices. In terms of application areas, multispectral CIS can be used in consumer electronics to correct white balance, improve imaging quality, and can also be used for skin health management, etc. In agricultural testing, multispectral imaging technology can be used to detect the growth status, pests and diseases of crops; in industrial quality control, it can be used to detect material composition and quality, providing higher detection accuracy for quality control.

This paper is from Ulink Media, Shenzhen, China, the organizer of IOTE EXPO (IoT Expo in China)

[ujumrfr]

Which Key Drivers will Help Grow Europe Connected Car Market?  

The Europe connected car market is experiencing significant growth, fueled by rapid technological advancements and increasing demand for enhanced automotive safety, convenience, and user experience. Connected cars—equipped with internet access, communication interfaces, and smart technologies—are transforming how drivers interact with their vehicles and the surrounding infrastructure. This article examines the dynamics, growth factors, and future of the connected car market in Europe.

Market Overview of Europe Connected Car Market

Connected cars are reshaping the European automotive industry, driven by both consumer demand and regulatory pressures for increased safety and efficiency. The European connected car market is projected to see strong growth over the coming years. The demand for advanced driver-assistance systems (ADAS), infotainment systems, and Vehicle-to-Everything (V2X) communication technology is leading to substantial investments from automotive manufacturers, technology providers, and telecom companies.

Key Growth Drivers of Europe Connected Car Market

1. Increasing Adoption of IoT and 5G Technology 

Internet of Things (IoT) technology and 5G networks are critical enablers for connected cars. IoT allows vehicles to exchange data with each other and with infrastructure in real-time, while 5G networks offer the speed and reliability needed to support high-data-rate applications such as autonomous driving and V2X communication. Europe has been at the forefront of 5G deployments, and the expanding network infrastructure is accelerating the adoption of connected car technologies.

2. Regulatory Push for Enhanced Safety and Reduced Emissions 

Europe has stringent safety and emissions regulations aimed at reducing road accidents and lowering the carbon footprint of transportation. The European Union’s Vision Zero initiative, which seeks to eliminate road fatalities by 2050, has accelerated the development of ADAS and other connected car features that improve driver safety. Additionally, the European Green Deal is pushing for more sustainable transport solutions, encouraging car manufacturers to incorporate connected technologies that optimize fuel efficiency and support electric vehicles (EVs).

3. Growing Consumer Demand for Convenience and Comfort 

Today’s consumers expect a seamless, connected experience across all aspects of life, including their vehicles. Demand for infotainment systems, on-demand navigation, and in-car Wi-Fi has surged, as consumers seek the same digital experience in their vehicles as on their smartphones. Automakers are responding by investing in infotainment platforms and integrating digital assistants, providing a convenient and enjoyable driving experience.

4. Advancements in Autonomous Driving Technology 

The push toward autonomous driving has led to an increase in connected features in modern vehicles. Autonomous vehicles (AVs) rely heavily on real-time data processing, and connectivity is essential for the operation of multiple sensors, cameras, and radar systems. Although fully autonomous vehicles are not yet available to consumers, Europe’s investments in V2X technology are paving the way for future advancements in this area.

Market Segmentation

The connected car market in Europe can be segmented based on technology, connectivity type, service, and end-use application.

Technology: Advanced driver-assistance systems (ADAS), infotainment, telematics, and V2X communication are key technologies. ADAS and V2X communication are expected to see rapid adoption as regulatory bodies emphasize safety.

Connectivity Type: Cellular connectivity (3G, 4G, and increasingly 5G) dominates the market, while other options like dedicated short-range communications (DSRC) are also being developed.

Services: The range of services includes driver assistance, fleet management, infotainment, remote diagnostics, and over-the-air (OTA) updates. Fleet management and OTA updates are particularly popular among commercial operators.

Key Players in the Europe Connected Car Market

Several automotive manufacturers, technology providers, and telecom companies are actively competing in the European connected car market. Leading automakers like Volkswagen, BMW, and Daimler are investing in connected car technologies, often in collaboration with tech companies such as Google, Microsoft, and NVIDIA. Telecom companies like Vodafone and Deutsche Telekom are also crucial players, providing the network infrastructure necessary for connected vehicle communication.

Challenges and Concerns

While the European connected car market has tremendous growth potential, it also faces several challenges:

1. Data Privacy and Security 

Connected cars gather vast amounts of data on drivers and vehicle performance. Ensuring the security of this data is a significant challenge, especially with concerns over hacking and data breaches. Stringent regulations such as the General Data Protection Regulation (GDPR) in the EU create added compliance requirements for companies handling vehicle data.

2. High Implementation Costs 

Connected car technology requires substantial investment in hardware, software, and infrastructure. These costs can be prohibitive, particularly for smaller companies and manufacturers. Additionally, the economic impact of these costs on consumer pricing remains a challenge in mainstream adoption.

3. Interoperability Issues 

As connected cars involve various components developed by different manufacturers, achieving interoperability between devices, systems, and networks can be challenging. Standardization efforts are ongoing but not fully established, which can impact the efficiency and consistency of connected car features across different regions.

Future Prospects of Europe Connected Car Market

The future of the connected car market in Europe looks promising, with rapid advancements in autonomous driving, vehicle electrification, and smart city integration. Europe’s ongoing deployment of 5G and investments in smart infrastructure are expected to further propel the growth of connected cars. Additionally, partnerships between automotive companies, technology firms, and telecom providers will continue to drive innovation and expand the connected car ecosystem.

The European Union's support for sustainable mobility solutions aligns with the vision of a connected future, where data-driven insights and autonomous technologies will transform transportation. In the near term, we can expect to see more semi-autonomous features in personal vehicles, greater connectivity in fleet management systems, and expanded use of ADAS in commercial and private vehicles alike.

The connected car market in Europe is set to evolve rapidly, driven by technological advancements, regulatory support, and changing consumer preferences. While challenges around data privacy, cost, and interoperability remain, the industry is well-positioned to overcome these obstacles. As Europe embraces smart mobility and autonomous driving, connected car technology will play a crucial role in shaping the future of transportation, paving the way for safer, more efficient, and more sustainable roads.

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