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Automotive Camera Market Is Projected To Grow At A CAGR Of 10% During Forecast 2023

Summary

Automotive Camera Market Growth, 10% CAGR, Statistics and Business Opportunity Analysis Report 2020 include historic data, with forecast data to 2023. Global Automotive Camera Market Information Report By Vehicle Type (Commercial Vehicle and Passenger Vehicle), by Camera Type (Front View, Rear View and Interior Cam), by technology (Night Vision Recording, Accident Sensor, Built-in GPS and Others), by end use, by application (Transportation Vehicles, Government and Defense Vehicles, Private Vehicles and Others) and By Region – Forecast To 2023

Automotive Camera Market Overview

Market Research Future (MRFR)’s latest study reveals that the global vehicle camera market is projected to thrive moderately at a healthy CAGR of 10% during the forecast period 2017 to 2023. The safety regulations introduced in many nations favor the growth of the vehicle camera market.

Vehicle cameras have developed applications in different purposes. For instance, it is extensively installed in sports vehicles for tracking records, monitoring athletes and car racers, and broadcasting events. Furthermore, it is also being used in the entertainment industry for various purposes such as creating advertisements, shooting sequences, etc. This, in turn, is projected to have a positive impact on the expansion of the vehicle camera market during the assessment period.

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Competitive Landscape

Continental AG (Germany)

GoPro Inc. (U.S.)

Transcend Information Inc. (Taiwan)

Valeo (France)

Autoliv Inc (Sweden)

Falcon Electronics LLC (Balkans)

Qrontech Co. Ltd. (South Korea)

DCS Systems Ltd. (U.K.)

Delphi Automotive PLC (U.K.)

S.Will Industrial Ltd. (China) and Robert Bosch Gmbh (Germany) are the eminent players in the Automotive Camera Market.

Industry Updates

June 2019 – ZF Friedrichshafen AG, a German car parts maker, has developed a dual camera lens specifically designed for the commercial truck market. The dual cam is designed to meet various regulatory requirements and is capable of traffic sign recognition, lane keeping assist and centering and object and pedestrian detection to enable automatic emergency braking.

Segmentation

The global Automotive Camera Market has been segmented based on vehicle type, camera type, technology, and end use.

By vehicle type, the Automotive Camera Market has been segmented into passenger vehicle and commercial vehicle.

By camera type, the Automotive Camera Market has been segmented into Front View, Rear View, and Interior Cam.

By technology, the Automotive Camera Market has been segmented into night vision recording, accident sensor, built-in GPS, and others.

By end use, the Automotive Camera Market has been segmented into transportation vehicles, government and defense vehicles, private vehicles, and others. The other segment consists of fire rescue, healthcare, and sports vehicles.

Regional Analysis

Region-wise, the Automotive Camera Market has been segmented into North America, Rest-of-the-World (RoW), Europe, and Asia Pacific (APAC).

North America is the leading market for vehicle cameras. various insurance companies have initiated schemes such as in-car camera incentive programs in the developed economies of the region such as the US and Canada, which has raised the adoption of vehicle cameras in the region. Moreover, strict safety regulations enacted by the governments in the region has prompted the installation of cameras in vehicles. The new car assessment programs have also influenced the growth of the market.

The APAC Automotive Camera Market is anticipated to showcase substantial growth over the forecast period. The surge in the incidence rate of road and parking accidents along with the rise in false claims has propelled the need for vehicle cameras. Evolving road safety regulations in the developing countries of the region have also aided the growth of the market.

Table Of Content

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market Size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat Of New Entrants

3.1.2 Bargaining Power Of Buyers

3.1.3 Bargaining Power Of Suppliers

3.1.4 Threat Of Substitutes

3.1.5 Segment Rivalry

3.2 Value Chain/Supply Chain Analysis

4 Market Dynamics

4.1 Introduction

4.2 Market Drivers

4.3 Market Restraints

4.4 Market Opportunities

4.5 Market Trends

 Continues….

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