Integrated Radar and Camera Market demand driven by advanced traffic management system needs.
The Integrated Radar and Camera Market deals with the manufacture, development and distribution of a range of transportation safety systems. These systems include speed camera detector, built in radar detector for collisions, car radar for detecting pedestrians crossing the road, a radar camera system and many more. With the innovative self-driving cars looming on the horizon, safety regulations within the automobile industry have come to the forefront of public debate.
Hence, the Integrated Radar and Camera Market has been able to build up a great deal of momentum for the production of complex hardware focusing on safety. Some of the advantages that make the Integrated Radar and Camera Market tick are that their successful implementation saves costs as well as live, and also fuses two very interesting dynamic technologies.
Object detection and sensing has been radar’s specialization for centuries. A camera system allows remote identification and control. Both systems are very compact and are able to deliver a high performance efficiently. The Integrated Radar and Camera Market is thus able to fuse these two technologies and make them work towards a single purpose in a complementary nature. This fusion allows the cutting down of costs even further.
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The applications are numerous for the Integrated Radar and Camera Market. The speed camera detector and the police radar detector help law enforcement officials in identifying dangerous drivers and detaining them. Radar detectors in consumer cars save people from committing simple clearance errors which could save a lot of money in insurance. Nowadays, many automobiles in the premium segment come with a built in radar detector. In a few years, a built in radar detector is expected to be placed in every automobile manufactured.
The applications are not limited to being on-board an automobile. Various traffic management system operations like tracking of lanes, improved detection of objects, detection of pedestrians crossing the road, etc. This is done mainly by installing a radar camera system at various strategic locations and crossings.
The Integrated Radar and Camera Market has been dominated by the North America market in the last couple of decades. This is due to the combination of huge industrial growth and pace of technological advancement in Silicon Valley. On the other hand, IndustryARC expects the Asia-Pacific region is to transform into a burgeoning future segment for the Integrated Radar and Camera Market. Europe follows close behind with a stable growth in demand.
Some of the key players involved in the Integrated Radar and Camera Market according to IndustryARC are as follows:
- Aptina Imaging Inc.
- Brigates Inc
- Himax Technologies, Inc
- Liteon Technology Corporation
- Galaxycore Inc.
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