Market Research Report
Automotive Camera Market Report: Trends, Forecast and Competitive Analysis
|Published by||Lucintel||Product code||819877|
|Published||Content info||261 Pages
Delivery time: 1-2 business days
|Automotive Camera Market Report: Trends, Forecast and Competitive Analysis|
|Published: March 1, 2019||Content info: 261 Pages||
The future of the global automotive camera market looks promising with opportunities in the markets of compact cars, large cars, and light commercial vehicles. The global automotive camera market is expected to reach an estimated $7.5 billion by 2023 with a CAGR of 24.3% from 2018 to 2023. The major drivers for this market are growing demand for advanced driver assistance systems in cars with increasing focus on connected vehicle features, and mandatory government regulations to have a rearview backup camera installed in every vehicle in North America and Europe. The National Highway Transportation Safety Administration (NHTSA) has made it mandatory for all vehicles to install a backup camera system by 2019 due to increase in the number of accidents and injuries in the United States.
Emerging trends, which have a direct impact on the dynamics of the automotive camera by industry, include the introduction of recognition camera technology that results in mirrorless cars and the increased usage of wide angle camera technology.
A total of 171 figures / charts and 143 tables are provided in this 261 -page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of this automotive camera market report download the report brochure.
automotive camera market by technology
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Automotive Camera Market by Technology ($ Million and Million Units from 2012 to 2023)
Digital Camera Thermal Camera Infrared Camera
Automotive Camera Market by Vehicle Type ($ Million and Million Units from 2012 to 2023)
Small Cars Compact Cars Large Cars SUV and Crossover Light Commercial Vehicles
Automotive Camera Market by Application ($ Million and Million Units from 2012 to 2023)
Rear View Cameras Front View Cameras Side View Cameras Interior View Cameras
Automotive Camera Market by Region ($ million and Million Units from 2012 to 2023)
North America US Canada Mexico Europe Germany Russia France United Kingdom Italy Asia Pacific China Japan India South Korea Indonesia The Rest of the World Brazil Turkey
Some of the automotive camera companies profiled in this report include Robert Bosch, Continental AG, Centex, Magna, Valeo, and Panasonic are the major automotive camera manufacturers.
On the basis of its comprehensive research, Lucintel forecasts that the digital camera and thermal camera segments are expected to show above average growth during the forecast period.
Within the global automotive camera market, the light commercial vehicle segment will remain the largest market. Customers are looking for high-tech and safety features in light commercial vehicles, which will foster growth opportunities for camera suppliers.
North America will remain the largest market due to the new regulation that has been passed by the U.S. government to install rear view camera in every vehicle, growing demand for comfort and luxury in vehicles, and increasing investment by industry players within the North American region.