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Digital Cameras Estimated to Dominate the Global Automotive 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.

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Digital Cameras Estimated to Dominate the Global Automotive Camera Market

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  1. The Growing Influence of New Car Assessment Program is Propelling the Growth of Automotive Camera & Camera Module Market The report “Vehicle Camera Market by Application (DMS, BSD, ACC, NVS, PAS), Product Type (Camera, Camera module), Technology (Infrared, digital, thermal), Vehicle Type, & by Region - Global Trends & Forecast to 2020 defines and segments the vehicle camera market with an analysis and forecast of the global market size, by volume and value. 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. The growing influence of new car assessment program, and increasing demand of luxury cars are some of the key drivers fueling the growth of the global vehicle camera market. Browse 140 market tables and 56 figures spread through 181 pages and in-depth TOC on "Vehicle Camera Market by Application (DMS, BSD, ACC, NVS, PAS), Product Type (Camera, Camera module), Technology (Infrared, digital, thermal), Vehicle Type, & by Region - 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. The automotive industry in the Asia-Pacific has witnessed a year-on-year increase in sales. It is the leading producer of automobiles in the world. The Asia-Pacific vehicle camera market is third largest in the global market, by value, in 2015. This is mainly attributed to the production expansions made by automobile manufacturers to help them cope with rising consumer demand and to offer technologically advanced vehicles. Get a sample copy of report The report covers all the major players in the vehicle camera market that includes companies such as Robert Bosch Gmbh (Germany), Delphi Automotive PLC (U.K.), and Autoliv Inc (Sweden), Valeo (France), and Continental AG (Germany), and numerous local players.

  2. The report covers the vehicle camera market, in terms of volume (‘000 units) and value (USD million). It explains the qualitative and quantitative aspects of the vehicle camera market on the basis of region, application, product type, and camera technology and vehicle type from 2015 to 2020. It also provides an overview of technical factors and other important aspects of the vehicle camera market. The vehicle camera market has been segmented on the basis of product type into camera and camera module. Vehicle cameras account for a higher market share than vehicle camera modules. This can be mainly attributed to the growing influence of New Car Assessment Program and increasing installation of ADAS in passenger cars and light commercial vehicles. The driver assistance systems are composed of various components and their configuration differs with type of assistance feature and technology used. Driver assistance systems involve electronic control unit, camera, camera module, and different sensors. Moreover, these control units are associated with different camera such as infrared camera, thermal camera, and digital camera. The driver assistance systems also involve Human-Machine Interface (HMI), which assist or alert the driver whenever required. All these components increase the cost of such systems. Speak to our Analyst About MarketsandMarkets MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. 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. M&M’s flagship competitive intelligence and market research platform, "RT" 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. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. Contact: Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com

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