Market Research Future (MRFR) has published a cooked research report on the “Vehicle Camera Market” that contains information from 2018 to 2030. The Vehicle Camera Market is estimated to register a CAGR of 10.4% during the forecast period of 2023 to 2030.
MRFR recognizes the following companies as the key players in the global Vehicle Camera Market — Robert Bosch Gmbh (Germany), Delphi Automotive PLC (U.K.), and Autoliv Inc (Sweden), Valeo (France), and Continental AG (Germany), Qrontech Co. Ltd. (South Korea), GoPro Inc. (U.S.), Falcon Electronics LLC (Balkans), DCS Systems Ltd. (U.K.), Transcend Information Inc. (Taiwan), and S.Will Industrial Ltd. (China)
Vehicle Camera Highlights
The global Vehicle Camera Market is accounted to register a CAGR of 10.4% during the forecast period and is estimated to reach USD 6,800 Million by 2030.
The vehicle camera market refers to the industry that involves the production, distribution, and integration of cameras into various types of vehicles, such as cars, trucks, buses, and even some specialized vehicles like construction equipment and agricultural machinery. These cameras are designed to enhance safety, security, and convenience for both drivers and passengers.
Segment Analysis
The global Vehicle Camera Market has been segmented based By Vehicle Type, by Camera Type, by technology
Commercial and passenger vehicle types have been covered in the report. A rise in passenger vehicle production and sales is expected to give the passenger car category market dominance over the projection period. For instance, from 2,303,0 thousand to 3,350.1 thousand passenger cars were sold in the United States. Consumers in developing nations are also earning much more money per capita.
Front View, Rear View, and Interior Camera are the camera types studied by MRFR. The increased awareness of vehicle safety, the expedited processing of insurance claims, and the need for security against escalating car thefts are all factors in the front-view camera segment’s expansion. Front-view cameras are used for both private and professional purposes, as well as by the police. An important aspect driving product demand is an increase in false vehicle accident claims for insurance and medical benefits. Additionally, it has been noted that insurance firms promote the installation of front-view cameras in cars as a way to swiftly and accurately resolve insurance claims.
Night Vision Recording, Accident Sensors, and Built-in GPS are the top technologies studied in the report.
Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Vehicle camera Market Research Report
Regional Analysis
The global Vehicle Camera Market, based on region, has been divided into Europe, North America, Asia-Pacific, and the Rest of the World. the market in the Asia-Pacific market will develop at the fastest rate. The primary drivers of the Automotive Camera Market in the Asia Pacific area are the hybridization and electrification of vehicles, rising electric vehicle production, and rising passenger vehicle sales.
A number of original equipment manufacturers have moved their auto production facilities to nations due to the significant development potential. The Asia-Pacific area is an ideal location for automakers to establish their facilities due to the region's growing population and government policies that support industrial growth. Due to rising sales and production, these factors have made Asia Pacific the region with the largest market for automotive cameras.
In North America, the drive recorder industry will see remarkable expansion. As the government adopts strict safety standards to decrease traffic accidents, the U.S. is anticipated to dominate the region. For instance, the U.S. Department of Transportation mandated backup cameras for vehicles weighing less than 10,000 lbs. in May 2018.
Key Findings of the Study
- The global Vehicle Camera Market is expected to reach USD 6,800 Million by 2030, at a CAGR of 10.4% during the forecast period.
- . the market in the Asia-Pacific market will develop at the fastest rate. The primary drivers of the Automotive Camera Market in the Asia Pacific area are the hybridization and electrification of vehicles, rising electric vehicle production, and rising passenger vehicle sales.
- Commercial and passenger vehicle types have been covered in the report. A rise in passenger vehicle production and sales is expected to give the passenger car category market dominance over the projection period.
- Robert Bosch Gmbh (Germany), Delphi Automotive PLC (U.K.), and Autoliv Inc (Sweden), Valeo (France), and Continental AG (Germany), Qrontech Co. Ltd. (South Korea), GoPro Inc. (U.S.), Falcon Electronics LLC (Balkans), DCS Systems Ltd. (U.K.), Transcend Information Inc. (Taiwan), and S.Will Industrial Ltd. (China).
Leading companies partner with us for data-driven Insights
Kindly complete the form below to receive a free sample of this Report
Base Year | 2018 |
Companies Covered | 15 |
Pages | 100 |
Certified Global Research Member
Why Choose Market Research Future?
- Vigorous research methodologies for specific market.
- Knowledge partners across the globe
- Large network of partner consultants.
- Ever-increasing/ Escalating data base with quarterly monitoring of various markets
- Trusted by fortune 500 companies/startups/ universities/organizations
- Large database of 5000+ markets reports.
- Effective and prompt pre- and post-sales support.
Tailored for You
- Dedicated Research on any specifics segment or region.
- Focused Research on specific players in the market.
- Custom Report based only on your requirements.
- Flexibility to add or subtract any chapter in the study.
- Historic data from 2014 and forecasts outlook till 2040.
- Flexibility of providing data/insights in formats (PDF, PPT, Excel).
- Provide cross segmentation in applicable scenario/markets.