Vehicle camera is the main visual sensor of ADAS system, after the image is collected through the lens, the image is processed by the photosensitive component circuit and control component inside the camera, and converted into digital signals that can be processed by the computer. In this way, it can realize the road conditions around the vehicle, and realize ADAS functions such as forward collision warning, lane departure warning and pedestrian detection. Therefore, the vehicle camera plays an important role in ADAS and driverless technology. Vehicle cameras include monocular cameras, binocular cameras, wide-angle cameras, and so on. At present, at least six cameras are required to realize the full set of ADAS functions for driverless.

Development of driverless technology promotes growth of vehicle camera market. Self-driving car is an intelligent vehicle. It is an automated vehicle that can partially or fully replace the driver's driving behavior, self-driving car is the highest form of smart car development. Unmanned driving consists of sensors, controllers and actuators, corresponding to the three functional modules of perception, decision-making and execution. The driverless industry chain includes: 1. Hardware components, including various sensors such as lidar, camera, integrated computing and processing platform, and traditional automotive components such as engine, body and integrated control bus; 2. Software components, including driverless operating systems (including sensing, planning, control, car interconnection, data platform interface, etc.), high-precision map data, etc. 3. Vehicle manufacturing. 4. Operational Services. Compared to sensors, cameras are cheaper and can provide very important visualization data for self-driving cars: detecting color, distance and various light conditions. Combined with image recognition technology's environmental perception, it can quickly identify lanes, vehicles, pedestrians and traffic signs. The camera sensor in the car can also detect the driver's status and realize human-vehicle interaction.

Global vehicle camera market was valued at 5863 Million US$ in 2018 and is projected to reach 9655 Million US$ by 2024, at a CAGR of 8.67% during the forecast period. At present, the market of vehicle camera is mainly in North America, Europe, and Asia-Pacific, among which the Asia-Pacific region will become the fastest growing market. According to forecast data, China's car camera demand in 2018 will be nearly 30 million units, and by 2020, China's car camera demand will exceed 45 million units.

The vehicle camera market has a bright future, mainly because vehicle camera has a pivotal role in the application of driverless technology, key players in global vehicle camera market include: Bosch, Delphi Automotive, Continental, Valeo, Autoliv, Omnivision Technologies, Magna International, Mobileye, Stonkam, Automation Engineering, Aptiv PLC etc.