Press release
Automotive Camera Market worth $15.1 billion by 2025
The report "Automotive Camera Market by Application (ADAS & Park Assist), View Type (Single View System & Multi-Camera System), Technology (Thermal, Infrared & Digital), Vehicle Type & Class, Electric Vehicle Type, and Region - Global Forecast to 2025", MarketsandMarkets: The automotive camera market is projected to grow at a CAGR of 10.62% during the forecast period, to reach USD 15.1 billion by 2025 from an estimated USD 7.5 billion in 2018.Browse 106 market data Tables and 50 Figures spread through 164 Pages and in-depth TOC on "Automotive Camera Market"
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=125124333
The demand for enhanced safety, convenience, and comfort features in automobiles has grown steadily. The growing consumer awareness and increasing government mandates related to active safety have fueled the demand for driver assistance applications, which in turn will drive the growth of the automotive camera market.
Park assist segment, by application, is estimated to hold the largest market share during the forecast period.
The park assist segment is estimated to be the largest market during the forecast period. OEMs have started offering this feature as a standard fit in mid-priced and luxury vehicle segments. This is fueling the growth of automotive camera market for park assist application.
Commercial vehicle segment is estimated to be the fastest growing market, by vehicle type, from 2018 to 2025
The commercial vehicle segment of the automotive camera market is estimated to grow at the highest rate. The increasing adoption of safety features such as blind spot monitoring, autonomous emergency braking, auto park assists, and lane departure warning will boost the demand for automotive cameras in the commercial vehicle segment. Furthermore, advanced technologies such as truck platooning and semi-autonomous and autonomous trucks will provide opportunities for the growth of the automotive camera market in commercial vehicles.
Asia Pacific to be the largest market for automotive camera in 2025
Asia Pacific is projected to be the largest market for automotive camera in 2025. Safety regulations have been implemented in a few Asia Pacific countries such as Japan and South Korea, and the demand in these countries is anticipated to be on the rise in the next 5 years. China, South Korea, and Japan are expected to implement vehicle and road safety regulations regarding the installation of ADAS in vehicles due to the growing population as well as vehicle demand. Moreover, the improving lifestyle of consumers and speedy urbanization have boosted the demand for passenger vehicles as well as commercial vehicles in the region.
The automotive camera market is dominated by globally established players such as Continental (Germany), Robert Bosch (Germany), Valeo (France), Aptiv (Ireland), and Magna (Canada). Also, Intel (Mobileye) (US), Autoliv (Sweden), Ficosa (Spain), and Clarion (Japan) provide automotive cameras.
Don’t miss out on business opportunities in Automotive Camera Market.
Get Detail Insight @ https://www.marketsandmarkets.com/Market-Reports/automotive-camera-market-125124333.html
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.
630 Dundee Road
Suite 430Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
sales@marketsandmarkets.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Automotive Camera Market worth $15.1 billion by 2025 here
News-ID: 1606594 • Views: …
More Releases from MarketsandMarkets™ INC.
Automotive V2X Market Size, Share, Industry Analysis by 2030
The global automotive V2X market is expected to grow from USD 0.5 billion in 2023 to USD 9.5 billion by 2030 at a CAGR of 51.9%. Government support toward C-V2X technology and improving road infrastructure is expected to support the automotive V2X market. Furthermore, the increasing adoption of V2X-equipped models such as Volkswagen ID 4, Volkswagen Golf, and Mercedes-Benz E-Class significantly impact the growth of the market. Moreover, Government regulations…
Automotive Software Market Size, Share, Trends & Forecast by 2030
The global automotive software market size was valued at USD 19.0 billion in 2023 and is expected to reach USD 32.3 billion by 2030, at a CAGR of 7.8%, during the forecast period 2023-2030. Rapid integration of ADAS features in vehicles, and increasing adoption of connected car services, paired with rising deployment of ECUs and domain controllers in vehicles are anticipated to increase the demand for automotive software all over…
Electric Vehicle Market Size, Share, Trends & Forecast by 2030
The global electric vehicle market size was valued at USD 388.1 billion in 2023 and is expected to reach USD 951.9 billion by 2030 at a CAGR of 13.7% during the forecast period 2023-2030. With advancements in technology, increasing environmental consciousness, and supportive government policies, EVs have gained significant traction as a viable and sustainable transportation option. As concerns over climate change and air pollution intensify, consumers and industries are…
Terminal Tractor Market Size, Share, & Trends by 2027
The terminal tractor market worldwide size was valued at USD 802 million in 2022 and is expected to reach USD 1,042 million by 2027, at a CAGR of 5.4% during the forecast period. A terminal tractor is a type of tractor intended to move semitrailers and containers in cargo yards, warehouse facilities, intermodal facilities, railway yards, airports, and other heavy industries. It has a short wheelbase with space to accommodate…
More Releases for Camera
Snapshot Action Camera Review 2022: (Must Read!) Check Out Snapshot Action Camer …
Snapshot Action Camera: Photography is both a vision and an art form. It's all about imagination and observation in photography. It's about traveling the world and capturing everyday life with a camera. Whether you're a pro or a beginner, if you've just picked up a camera for the first time or you're just shooting with your smartphone, you're undoubtedly feeling the same sensation that all photographers do when they take…
Camera Repair Services Market Report- Trends, Business Competitors, And Facing C …
The Camera Repair Services Market research report presents an inside and out appraisal through Global Camera Repair Services Market Growth 2021-2026 by giving the area's flow circumstance and huge drivers. It precisely conveys the vital data and state-of-the-art examination to aid the definition of the market strategy and the assurance of the proper way for rapid development for the major parts of the business. Camera Repair Services Market report would…
Light Bulb Camera 2022: Best Light Bulb Security Camera
From anywhere in the world, you can check on your family members with this clever Light bulb camera has a concealed security camera!
In the world's population, those over the age of 50 make up an increasingly large proportion of the total. These individuals are more likely to suffer from health challenges or lives alone, which increases the hazards they face. When our elderly relatives live alone, we have a natural…
Global Construction Camera (Time Lapse Camera) Market Share 2020-2025
This report also researches and evaluates the impact of Covid-19 outbreak on the Construction Camera (Time Lapse Cameraindustry, involving potential opportunity and challenges, drivers and risks. We present the impact assessment of Covid-19 effects on Construction Camera (Time Lapse Cameraand market growth forecast based on different scenario (optimistic, pessimistic, very optimistic, most likely etc.).
Scope of the Report:
The report presents the market outlook for the Indian Phospho Gypsum product from the…
3D Camera Market : The Future of Camera
Increased demand for 3D cameras in the entertainment industry and substantial growth of the virtual reality industry would boost the growth of the global 3D camera market.
Allied Market Research published a report, titled, "3D Camera Market by Technology (Time-of-flight, Stereo Vision, and Structured Light), Type (Target Camera and Target-free Camera), and Application (Professional Camera, Smartphone, Tablet, Computer, and Others): Global Opportunity Analysis and Industry Forecast, 2018-2024". The report…
Automotive Camera & Camera Module Market 2018: Drivers, Strategies, Applications
HTF MI recently introduced new title on “Global Automotive Camera & Camera Module Market Research Report 2018” from its database. The report provides study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2025. The Report gives you competition analysis of top manufacturer with sales volume, price, revenue (Million USD) and market share, the top players including Robert Bosch, Delphi Automotive, Continental,…
