[September 26, 2016] |
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Top 5 Vendors in the Global Automotive Optic Lenses in Safety Systems Market from 2016 to 2020: Technavio
Technavio has announced the top five leading vendors in their recent global
automotive optic lenses in safety systems (AOLSS) market report.
This research report also lists four other prominent vendors that are
expected to impact the market during the forecast period.
Competitive vendor landscape
According to the report, the global AOLSS
market is expected to be driven at an optimistic CAGR of around 46% and
a pessimistic CAGR of 20%. "The primary growth markets are expected to
be APAC and EMEA, with China and India powering through with a
simultaneous rise in supply and demand side impetus for safety systems
consumption," says Siddharth Jaiswal, a lead automotive
electronics analyst from Technavio.
Sunny Optical Technology led the global automotive optic lens market
with a market share of around 25% in 2015, followed by Nidec Sankyo with
15%. Hitachi (News - Alert) Maxell, Sekonix, and Fujifilm are some of the other major
vendors in this market. Geographically, the manufacturing center of
gravity lies firmly in the Eastern hemisphere, with China and Japan
leading the pack.
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Technavio automotive
research analysts provide the following insights about the key
vendors:
Sunny
Sunny is a leading manufacturer of integrated optical
devices and an optical imaging system solution provider. The company has
a significant global market share in compact module cameras, lens sets
for mobile devices, and vehicles. The company is listed on the Main
Board of the Hong Kong Stock Exchange.
Sunny has a strong market position in lens sets for vehicles. The
company held a share of close to 29% in th market in 2015. Its major
clients in this space range from tier-1 suppliers to automakers,
including Autoliv, Magna, Panasonic, Continental, Fujitsu, and Delphi (News - Alert).
Currently, the company's primary end-customers include automakers in the
US and Europe.
Nidec
Nidec Group specializes in motor business (small precision to supersized
motors) and handles motor application products and other business that
includes optical components. Some of the product categories offered by
the company include small precision motors, home
appliance motors, automotive motors, commercial and industrial
motors, motors for machinery, and electronic and optical components.
The group offers camera shutters and lens units for single-lens reflex
(SLR) cameras and mobile devices, security and automotive devices, and
industrial equipment. It also offers an ultra-wide-angle (190-degree)
lens which is adopted to check the surroundings of a vehicle as a 3D
image.
Hitachi Maxell
Hitachi Maxell manufactures and sells products pertaining to several
vertical industries that include energy, industrial materials, and
electronic appliance/consumer products.
Hitachi Maxell in the automotive optical lens safety system market
offers optical components and automotive lens units. The company's
product portfolio of optical lens units caters to several automotive
safety systems, such as advanced driver assistance systems (ADAS). The
company's lenses are used in ADAS for front sensing, automotive mirror
replacement, and for around view monitoring applications. The infrared
lens unit finds its application in night vision systems. Thus, Hitachi
Maxell covers a broad range of product portfolios for the optical lens
safety market.
Sekonix
Sekonix is a manufacturer of optical fiber and optical components. The
company offers a broad product portfolio of lenses, including LED lenses
for mobile devices and automotive cameras.
In the automotive optical lens safety system market, Sekonix offers CCD
board lens/CMOS, Mobile camera lens, and LED lens.
Fujifilm
Fujifilm is a photography and imaging company. The company develops and
manufactures optical devices, business document solutions, medical
imaging and diagnostic equipment, and optical films for flat panel
displays (FPDs).
The advances in technology and its experience in the imaging industry
have positioned the company favorably for designing and manufacturing
lenses for camera-based ADAS. Some of the automotive applications using
FUJIFILM lenses include lane departure warning system (LDWS), traffic
sign recognition system, high-beam control, surround view, parking
assist, and object recognition. The company's lenses are deployed in all
car categories, from compact cars to high-end cars.
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About Technavio
Technavio
is a leading global technology research and advisory company. The
company develops over 2000 pieces of research every year, covering more
than 500 technologies across 80 countries. Technavio has about 300
analysts globally who specialize in customized consulting and business
research assignments across the latest leading edge technologies.
Technavio analysts employ primary as well as secondary research
techniques to ascertain the size and vendor landscape in a range of
markets. Analysts obtain information using a combination of bottom-up
and top-down approaches, besides using in-house market modeling tools
and proprietary databases. They corroborate this data with the data
obtained from various market participants and stakeholders across the
value chain, including vendors, service providers, distributors,
re-sellers, and end-users.
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View source version on businesswire.com: http://www.businesswire.com/news/home/20160926005797/en/
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