Global Automotive Camera Market: Analysis and Forecast 2025
Bharat Book Bureau Provides the Trending Market Research Report on "Global Automotive Camera Market Size study, by Application by Technology by Vehicle Type and Regional Forecasts 2018-2025” (https://www.bharatbook.com/marketreports/global-automotive-camera-market-size-study-by-application-by-technology-by-vehicle-type-and-regional-forecasts-2018-202/1436178) under Heavy Industry Category. The report offers a collection of superior market research, market analysis, and competitive intelligence and industry reports.
Global Automotive Camera Market Size study, by Application (Park assist system, Lane departure warning system, Adaptive cruise control system, Autonomous emergency braking system and Blind spot detection) by Technology (Infrared cameras, Thermal cameras, Digital cameras) by Vehicle Type (Passenger vehicles, Light commercial vehicles and Heavy commercial vehicles) and Regional Forecasts 2018-2025
Global Automotive Camera Market is valued approximately USD 11.4 billion in 2017 and is anticipated to grow with a healthy growth rate of more than 9.6% over the forecast period 2018-2025. Increasing consumer demand for active safety systems, rise in number of road fatalities are driving the automotive camera market. Automotive camera is an onboard camera, which is designed to capture the highest quality video to extend visibility for enhancing the safety of the driver. For instance, as per The National Highway Traffic Safety Administration, there are 210 fatalities and 15,000 injuries annually due to back-over crashes. Increasing demand of consumer vehicles across various economies would promote the adoption of automotive cameras for safety. According to report of OICA, over 268,458 vehicles were manufactured in Argentina in 2017, 830,346 in India and 203,264 vehicles were manufactured in Russia. Thus, growing demand of vehicles across various countries would drive the market growth over the forecast period.
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Last Update : Apr 06, 2019
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