Automotive Camera Monitoring System - CMS Market Report 2024 (Global Edition)

Global Automotive Camera Monitoring System - CMS Market Report 2024 Market Size Split by Type (Wireless Camera Monitoring System, Wired Camera Monitoring System), by Vehicle Type (Passenger cars, ï...

Automotive Camera Monitoring System - CMS Market Report Description

We have various report editions of Automotive Camera Monitoring System - CMS Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.

Competitive Landscape of the Automotive Camera Monitoring System - CMS Market

Key players are integrating into strategic initiatives such as innovations, partnerships, and mergers. Companies are working on R&D to introduce cutting-edge products, ensuring a competitive edge.

Automotive Camera Monitoring System - CMS Industry New

• In 2023, the Genesis GV70 SUV will include a 360-degree surround-view monitor, which uses four high-resolution cameras to provide a bird's-eye perspective of the vehicle's surroundings.

(Source:https://www.genesis.com/worldwide/en/models/luxury-suv-genesis/gv70/highlights.html)

• In 2023, Subaru EyeSight utilises a camera to monitor the driver's face and can offer warnings if it senses drowsiness.

(Source: https://www.subaru.com.au/driver-monitoring-system)

Top Companies Market Share in Automotive Camera Monitoring System - CMS Industry: (In no particular order of Rank)

• Ficosa
• Samvardhana Motherson Reflectec (SMR)
• Gentex
• Stoneridge
• Journey
• Murakami Corporation
• Continental Automotive
• MEKRA Lang
• Brigade Electronics
• Confidential Data
• Access The Paid Version
• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional analysis of the Automotive Camera Monitoring System - CMS Market

Which Region will dominate the Automotive Camera Monitoring System - CMS Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. Automotive camera monitoring systems are gaining popularity in North America, where in-cabin cameras are used to watch driver behavior and improve safety. While some drivers are concerned about their privacy, the technology can identify tiredness, distraction, and even health conditions, potentially preventing accidents and appealing to fleets who manage commercial vehicles.

Which Region is Expanding at the Fastest CAGR?

The Asia Pacific region is witnessing an increase in the automotive camera monitoring system. Automotive video monitoring systems are gaining popularity in the rapidly expanding Asia Pacific area, where car ownership is on the rise and safety rules are tightening. These systems, which include features such as driver drowsiness detection, lane departure warning, and blind spot monitoring, use cameras to improve driver awareness and reduce accidents.

The current report Scope analyzes Automotive Camera Monitoring System - CMS Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!

North America Automotive Camera Monitoring System - CMS Market

According to Cognitive Market Research, the global automotive camera monitoring system - CMS market size was estimated at USD XX Million, out of which North America held the major market of more than 40% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.5% from 2024 to 2031. In North America, automotive camera monitoring system - CMS sales dominate, fuelled by the regulatory landscape for camera monitoring systems in North America is continually developing. In the United States, for example, the National Highway Traffic Safety Administration (NHTSA) is now reviewing a rule that would allow automakers to replace standard rearview mirrors with camera systems. Passenger cars in North America are intricately tied to the expanding automotive camera monitoring system - CMS market. Cars are increasingly outfitted with advanced driver assistance systems (ADAS), which use cameras to provide functions such as lane departure warning, automatic emergency braking, and blind spot monitoring.

• According to Cognitive Market Research, the US had a major share in the automotive camera monitoring system - CMSs market, with a market size of USD XX million in 2024, and is projected to grow at a CAGR of 2.3% during the forecast period. Several nations, notably the United States, are legislating or considering implementing ADAS systems in new passenger vehicles, which will further drive camera usage.
• The Canada automotive camera monitoring system - CMSs market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 3.3% during the forecast period. Automotive camera monitoring systems (ACMS) are gaining popularity in Canada, especially for applications that focus on driver behavior and safety.
• The Mexico automotive camera monitoring system - CMSs market is projected to witness growth at a CAGR of 3.0% during the forecast period, with a market size of USD XX million in 2024.

Europe Automotive Camera Monitoring System - CMS Market

According to Cognitive Market Research, with a market value of USD XX million in 2024, it is projected to expand at a compound annual growth rate (CAGR) of 2.8% from 2024 to 2031. Europe accounted for a share of over 30% of the global market size of USD XX million. Automotive camera monitoring systems are becoming more popular in Europe, thanks in large part to new EU rules. These systems employ cameras to track driver behavior in order to increase safety and avoid accidents. Passenger cars make up the main section of Europe's automotive camera monitoring system (CMS) market. This is influenced by various factors, including Increasing demand for advanced driver assistance systems (ADAS).

• The United Kingdom automotive camera monitoring system - CMSs market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 3.6% during the forecast period. The usage of car camera monitoring systems is currently optional in the United Kingdom, although both the government and the automotive industry are showing an increasing interest in the technology.  
• The France automotive camera monitoring system - CMSs market is projected to witness growth at a CAGR of 2.0% during the forecast period, with a market size of USD XX million in 2024.
• According to Cognitive Market Research, the Germany automotive camera monitoring system - CMSs market size was valued at USD XX million in 2024 and is projected to grow at a CAGR of 3.0% during the forecast period. In Germany, automotive camera monitoring system - cms sales surged due to the nation's prowess in precision engineering and technology. 
• The Italy automotive camera monitoring system - CMSs market is projected to witness growth at a CAGR of 2.2% during the forecast period, with a market size of USD XX million in 2024.
• The Russia automotive camera monitoring system - CMSs market is projected to witness growth at a CAGR of 1.8% during the forecast period, with a market size of USD XX million in 2024.
• The Spain automotive camera monitoring system - CMSs market is projected to witness growth at a CAGR of 1.9% during the forecast period with a market size of USD XX million in 2024.
• The Luxembourg automotive camera monitoring system - CMSs market is projected to witness growth at a CAGR of 2.9% during the forecast period, with a market size of USD XX million in 2024.
• The Portugal automotive camera monitoring system - CMSs market is projected to witness growth at a CAGR of 2.6% during the forecast period, with a market size of USD XX million in 2024.
• The Greece automotive camera monitoring system - CMSs market is projected to witness growth at a CAGR of 3.1% during the forecast period, with a market size of USD XX million in 2024.
• Rest of Europe Automotive Camera Monitoring System - CMSs market is projected to witness growth at a CAGR of 7.0% during the forecast period, with a market size of USD 52.64 million in 2024.

Asia Pacific Automotive Camera Monitoring System - CMS Market

According to Cognitive Market Research, the global automotive camera monitoring system - CMS market size was estimated at USD XX Million, out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.3% from 2024 to 2031. Asia Pacific drivers are prepared to spend more on cars with safety features because they understand how important they are. Numerous safety features, including blind spot identification, lane departure warning, and driver fatigue monitoring, can be offered by automotive video monitoring systems. The rising demand for automotive camera monitoring systems - CMSs in the Asia Pacific plays a pivotal role in the growing preference for passenger cars. They are driven by the growing demand for safety and convenience features in personal vehicles.

• According to Cognitive Market Research, the China automotive camera monitoring system - CMSs market size was valued at USD XX million in 2024 and is projected to grow at a CAGR of 5.8% during the forecast period. The growth of the ADAS market is also being significantly influenced by the Chinese government. A goal of the government's 2020 strategy for the advancement of intelligent vehicles is that by 2025, all new cars should have ADAS features installed.
• The Japan automotive camera monitoring system - CMSs market is projected to witness growth at a CAGR of 4.8% during the forecast period, with a market size of USD XX million in 2024.
• The India automotive camera monitoring system - CMSs market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 8.1% during the forecast period. Growing traffic congestion, an increase in road accidents, and more stringent safety-focused government laws are all contributing to India's automotive camera monitoring system (CMS) market's notable growth.
• The South Korea automotive camera monitoring system - CMS market is projected to witness growth at a CAGR of 5.4% during the forecast period, with a market size of USD XX million in 2024.
• The Australia automotive camera monitoring system - CMSs market is projected to witness growth at a CAGR of 6.0% during the forecast period, with a market size of USD XX million in 2024.
• The South East Asia automotive camera monitoring system - CMSs market is projected to witness growth at a CAGR of 7.3% during the forecast period, with a market size of USD XX million in 2024.
• The Rest of Asia Pacific automotive camera monitoring system - CMSs market is projected to witness growth at a CAGR of 6.1% during the forecast period, with a market size of USD XX million in 2024.

South America Automotive Camera Monitoring System - CMS Market

According to Cognitive Market Research, the global automotive camera monitoring system - CMSs market size was estimated at USD XX million, out of which the Latin America market has more than 5% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.7% from 2024 to 2031. Automotive camera monitoring system - CMS sales in Latin America are experiencing growth due to the safety advantages of ADAS features, which frequently rely on camera technology, becoming more and more apparent to consumers in Latin America. The upswing in passenger cars across Latin America is closely tied to the expanding automotive camera monitoring system - CMS market. Camera demand is being further stimulated by several Latin American countries, which are beginning to require new cars to have ADAS systems. Furthermore, there is a growing demand for premium features like ACMS due to the increasing growth of the middle class in Latin America.

• According to Cognitive Market Research, the Brazil automotive camera monitoring system - CMSs market size was valued at USD XX million in 2024 and is projected to grow at a CAGR of 4.3% during the forecast period. Driver data from ACMS must be collected and stored with consideration for Brazil's stringent data privacy laws.
• The Argentina automotive camera monitoring system - CMSs market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 4.6% during the forecast period. In Argentina, the use of ACMS is probably going to rise during the next few years. The public is beginning to support the usage of these systems, and the government is thinking about creating regulations for them.
• The Colombia automotive camera monitoring system - CMSs market is projected to witness growth at a CAGR of 3.5% during the forecast period, with a market size of USD XX million in 2024.
• The Peru automotive camera monitoring system - CMSs market is projected to witness growth at a CAGR of 3.9% during the forecast period, with a market size of USD XX million in 2024.
• The Chile automotive camera monitoring system - CMSs market is projected to witness growth at a CAGR of 4.0% during the forecast period, with a market size of USD XX million in 2024.
• The Rest of Latin America automotive camera monitoring system - CMSs market is projected to witness growth at a CAGR of 2.8% during the forecast period, with a market size of USD XX million in 2024.

Middle East and Africa Automotive Camera Monitoring System - CMS Market

According to Cognitive Market Research, the global automotive camera monitoring system - CMS market size was estimated at USD XX Million, out of which Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 292.42 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.0% from 2024 to 2031. The MEA region has one of the highest road traffic fatality rates in the world. ACMS is viewed as a means to enhance road safety. The rise of passenger cars in the MEA region aligns with the flourishing automotive camera monitoring system - CMS market. Governments throughout the region are rapidly enacting legislation requiring the use of specific safety systems in new automobiles, such as blind spot monitoring and lane departure warnings.

• According to Cognitive Market Research, the GCC countries automotive camera monitoring system - CMSs market size was valued at USD XX million in 2024 and is projected to grow at a CAGR of 4.8% during the forecast period. Saudi Arabia has the GCC's largest car fleet, with approximately 34 million automobiles on the road. This figure is anticipated to rise further in the coming years as population growth and increased disposable incomes drive demand.
• The Egypt automotive camera monitoring system - CMSs market is projected to witness growth at a CAGR of 4.3% during the forecast period, with a market size of USD XX million in 2024.
• The South Africa automotive camera monitoring system - CMSs market is projected to witness growth at a CAGR of 5.0% during the forecast period, with a market size of USD XX million in 2024. South Africa has enacted legislation that requires some safety equipment on commercial vehicles, such as reverse cameras and lane departure warning systems.
• The Turkey automotive camera monitoring system - CMSs market is projected to witness growth at a CAGR of 3.5% during the forecast period with a market size of USD XX million in 2024.
• The Nigeria automotive camera monitoring system - CMSs market is projected to witness growth at a CAGR of 3.1% during the forecast period, with a market size of USD XX million in 2024.
• The Rest of the MEA automotive camera monitoring system - CMSs market is projected to witness growth at a CAGR of 3.0% during the forecast period, with a market size of USD XX million in 2024.

Automotive Camera Monitoring System - CMS Market Analysis

Automotive Camera Monitoring System - CMS Market Type Segment Analysis

According to Cognitive Market Research, wireless camera monitoring systems held the major market share over the forecast period. The primary advantage of wireless surveillance cameras is that they provide continuous real-time video footage even when cars travel through isolated locations or places with poor network connectivity. In addition, this solution has amazing features such as facial identification and an auto-zoom capability. Thus, the above-mentioned product qualities are the major drivers driving the segment's growth. 

Wired camera monitoring systems are the fastest-growing category over the forecast period. Wired systems provide a more consistent connection and lower latency than wireless systems. Still, they might be more difficult to install due to the necessity to run wires throughout the car.

• Wireless Camera Monitoring System
• Wired Camera Monitoring System

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Automotive Camera Monitoring System - CMS Industry. Request a Free Sample PDF!

Automotive Camera Monitoring System - CMS Market Vehicle Type Segment Analysis

According to Cognitive Market Research, passenger cars hold a prominent market share. These systems use strategically placed cameras to provide a larger, better view of the surroundings, reducing blind spots and increasing safety. CMS provides features such as parking assistance, lane departure warnings, and pedestrian detection, which contribute considerably to the increased acceptance of Advanced Driver Assistance Systems (ADAS) in current passenger automobiles.

Light commercial vehicles are the fastest-growing category over the forecast period. This is due in part to the growing use of vans and small trucks for delivery and other commercial purposes. These cars frequently have enormous blind zones, which can pose a significant safety danger. Camera systems can assist in removing blind spots and increase driver sight.

• Passenger cars
• ??Light Commercial Vehicle
• Heavy Commercial Vehicle

The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Automotive Camera Monitoring System - CMS market report 2024 Edition by contacting our team.

Automotive Camera Monitoring System - CMS Technology Segment Analysis

According to Cognitive Market Research, hybrid CMS holds a prominent market share. A hybrid CMS combines standard mirrors and camera displays. This allows drivers to flip between the two viewpoints based on their preferences or the circumstances.

Fully digital CMS is the fastest-growing category over the forecast period. A Fully Digital CMS is a sort of ACMS that does not require conventional mirrors. Instead, it uses camera displays to give the driver a perspective of their surroundings.

• HYBRID CMS
• FULLY DIGITAL CMS

Author's Detail

Sneha Mali

Research Analyst at Cognitive Market Research

LinkedIn

Profile

I am a research analyst working in the Transport & Logistics domain, and my primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. I have knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively. I stay up-to-date with the latest research trends, methodologies, and technologies to ensure that my research is accurate, relevant, and impactful.

Author's Conclusion