30 likes | 64 Views
Vehicle Camera Market report categorizes the global market by Application (DMS, BSD, ACC), Product Type (Camera, Camera module), Technology (Infrared, digital), by Region.
E N D
Vehicle Camera Market worth 17 Billion USD by 2020 The global vehicle camera market is projected to grow at a CAGR of 11% from USD 10.1 Billion in 2015 to USD 17 Billion by 2020, while the global vehicle camera module market is projected to grow at a CAGR of 11.8% from USD 3.8 Billion in 2015 to USD 6.6 Billion by 2020. Browse 140 market tables and 56 figures spread through 181 pages and in-depth TOC on "Vehicle Camera Market - Global Trends & Forecast to 2020" @ https://www.marketsandmarkets.com/Market-Reports/automotive-camera-market-125124333.html Early buyers will receive 10% customization on reports. Digital camera: Promising market for vehicle camera market By technology type, the digital camera market, in terms of value, is estimated to dominate the global vehicle camera market in 2015. Digital cameras are commonly used in the application of ADAS systems such as LDW, ACC, PDS, RSR, PAS, and BDS. The global digital camera market in terms of value is projected to grow at a CAGR of almost 10% from 2015 to 2020. However, the infrared camera market, in terms of value, is projected to grow at the highest during the forecast period. North America: Dominant market for vehicle camera North America accounted for majority of the market in the global vehicle camera market in 2015. OEMs in North America have been focused on the development of high technology ADAS application for vehicles to comply with NCAP and federal mandates. The North American vehicle camera module market, in terms of value, is projected to grow with a double digit CAGR during the forecast period. The European region has been segmented into Germany, France, the U.K., and Italy. Europe accounted for the second largest share in global vehicle camera market in 2015. The European vehicle camera module market is projected to grow at a double digit CAGR during the forecast period. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownload.asp?id=125124333
The global vehicle camera market is projected to grow at a CAGR of 11% while, the global vehicle camera module market is projected to grow at a CAGR of 11.8% from 2015 to 2020. North America is the largest market for vehicle cameras, followed by Europe and Asia-Pacific. Growth in this market is fuelled by the increasing adoption of ADAS in modern automobiles, growing influence of New Car Assessment Program, and increasing focus of insurance companies on reducing costs due to accidents. High-cost of ADAS, which makes products less competitive, is a restraint for market growth Request Sample Copy @ https://www.marketsandmarkets.com/requestsample.asp?id=125124333 About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com