The rapid improvement of automobile intelligence has greatly increased the demand for in-vehicle cameras.

With the acceleration of automobile intelligence and networking, in-vehicle cameras have begun to be widely used in intelligent driving, intelligent cockpits and other parts to better ensure the safety of drivers and passengers. Nowadays, more and more people take the number of in-vehicle cameras as an important reference item when purchasing a car.

The 360-degree panoramic image of the vehicle is mainly provided by 4 cameras around the body to provide real-time images to help drivers better observe the surrounding environment. Nowadays, more and more consumers regard 360-degree panoramic images as one of the must-have options when purchasing a car. If the original car is not equipped, many people will also adopt the method of post-installation to equip the panoramic image function.

According to industry insiders, with the continuous maturity of autonomous driving technology, the number of on-board cameras in L3-level smart cars has reached more than 8, and the number of L4 and L5-level smart cars is expected to reach 15 in the future. The application space of on-board cameras is very broad. According to the statistics of relevant market analysis institutions, the average number of cameras in Chinese passenger cars in the first quarter of this year was about 2.7, an increase of about 0.3 year-on-year and an increase of about 0.1 month-on-month. Among them, the application of front-view cameras in new energy passenger vehicles showed an explosive growth trend, with a year-on-year increase of 168%。

Industry insiders said that with the rapid increase in the penetration rate of autonomous driving, the vehicle camera market will usher in a period of rapid explosion. According to the forecast of relevant market analysis institutions, the installed capacity of passenger car cameras in the Chinese market will increase by 24% year-on-year to nearly 66 million in 2022, and will exceed 100 million in 2025, with a compound annual growth rate of 21% from 2021 to 2025.

This year, the annual global car sales volume is about 80 million. If each car is equipped with 10 cameras, the total market capacity of in-vehicle cameras will exceed 100 billion yuan per year in the world in the future, and the market potential is huge. It can be said that this industry has undergone qualitative changes due to quantitative changes. .