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Global Automotive Camera Market Driven by the Increasing Demand for Improved Safety and Visibility

As per the report of Market Research Future (MRFR), the global automotive camera market is poised to register a market valuation of nearly USD 19 Billion by 2023, at a substantial 19% CAGR over the review period (2017-2023).<br><br>

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Global Automotive Camera Market Driven by the Increasing Demand for Improved Safety and Visibility

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  1. Automotive Camera Market will reach approximately 19 Bn. USD by 2023 with a 19% CAGR over the forecast period 2023 www.marketresearchfuture.com

  2. Market Highlights: As per the report of Market Research Future (MRFR), the global automotive camera market is poised to register a market valuation of nearly USD 19 Billion by 2023, at a substantial 19% CAGR over the review period (2017-2023). The global automotive camera market is driven by several influential factors such as the increasing demand for enhanced safety and visibility, owing to the growing prevalence of accidents caused by the limited vision. Additionally, the rising impact of new car assessment program (NCAP) and the increasing demand for luxury vehicles, followed by the growing scope of applications of sensory cameras in automotive advanced driver aid systems is also projected to fuel the market over the assessment period. Moreover, the rising demand for improved looks in passenger cars, coupled with the need for improved fuel efficiency in automobiles is also expected to contribute substantially towards the overall market share over the review period. Get a Free Sample Copy of This Report: https://www.marketresearchfuture.com/sample_request/2948

  3. Regional Analysis: The regional analysis of automotive camera market is being studied for regions such as Asia Pacific, North America, Europe and Rest of the World. It has been observed that North America would be dominating the automotive camera market owing to high speed connectivity. Europe is also prominent market for product and will show immense growth in the installation of safety technologies in the passenger cars in Germany, UK, France, and Italy. Asia Pacific will witness significant growth mainly in China, India, Japan, Thailand, Malaysia and South Korea in light of rapid industrialization along with increasing number of automobile production. In addition, rising disposable income along with high standard of living of the consumers will propel growth of automotive camera market. Browse Complete Report Details: https://www.marketresearchfuture.com/reports/automotive-camera-market-2948

  4. Segmental Analysis: The global market for automotive cameras is segmented on the basis of types of cameras, applications, and vehicles. The types of cameras available in the global automotive market include infrared, digital, and thermal, among others. The wide range of applications of automotive cameras consists of adaptive cruise control, blind-spot detection, driver monitoring, lane departure warning, night vision, park assist system, pedestrian detection, road sign recognition, among others. The types of vehicles operating in the market are passenger vehicles and commercial vehicles.

  5. Competitive Analysis: The key market players acknowledged by MRFR in the global automotive camera market are ADA-ES Inc. (U.S.), Denso Corporation (Japan), Allied Vision Technologies (Germany), Autoliv, Inc (Sweden), Balluf (Germany), Delhi Automotive PLC (U.K.), Valeo S.A. (France), Robert Bosch GmBH (Germany), Basler AG (Germany), TRW Automotive (U.S.), among others

  6. Industry News September 2019: Foresight Autonomous Holdings, a leading provider of automotive vision systems, signed a strategic collaboration agreement with a Chinese corporation, Wuhan Guide Infrared, for the development, distribution, and marketing of Foresight’s products along with integrating Guide Infrared’s solutions. September 2019: Hitachi Automotive Systems, leading Japanese market player, announced that its stereo camera, which enabled the detection of pedestrians at night, was implemented by Suzuki, a global automotive giant, for its Carry light-duty pickup truck. Hitachi stated that the Carry was the first light pickup truck with a stereo camera night-time detection ability.

  7. Contact: Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune - 411028 Maharashtra, India +1 646 845 9312 Email: sales@marketresearchfuture.com

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