Vehicle Camera Market is expected to grow from USD 6.2 billion in the year 2019 to USD 16.9 Billion in 2029 at a compound annual growth rate (CAGR) of 10% in the forecast period.

Vehicle Camera Market 2021

The global vehicle camera market is largely dependent on the automotive market. They are majorly utilized to record dash incidences, aid in reversing, aids for claims and insurance, easy parking, capture road rage incidents, record the drive and the activity of the driver, and others. Further, vehicle cameras have recently gained traction in the market. Earlier it was majorly seen only in the high-end cars but lately, most of the budget-friendly cars have been deploying these cameras majorly the rear camera.

Impact of COVID-19

The pandemic led to a temporary lockdown of the nations, which on a wide scale hindered the verticals of businesses and the industry. The automobile industry, which primarily involves outdoor jobs, has been poorly exposed to the challenges that have contributed to a dramatic decrease in car sales. Furthermore, the instability of the supply chain market mainly due to the closing of national and foreign borders and the adherence to the decision not to use Chinese produced products hampered the growth of the market. However, the considerable spike seen in the sale of the automotive vehicle to limit the usage of public and crowded places may positively affect the growth of the market in the upcoming years.

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The Major Manufacturers Covered in this Report:
Robert Bosch GmbH (Germany), Panasonic Corporation (Japan), Valeo S.A. (France), VisionTrack (the U.K.), Samsung Electro-Mechanics (South Korea), Tung Thih Electronic Co., Ltd., (Taiwan), Magna International Inc. (Canada), LG Innotek (LG Group) (Korea), Sharp Corporation (Japan), Samsara (the U.S.), SmartDrive Systems, Inc. (the U.S.), Seeing Machines (Australia), Lytx (the U.S.), MCNEX Co., Ltd. (South Korea), Continental AG (Germany), and ZF Friedrichshafen AG (Germany) and more...

Years that have been considered for the study of this report are as follows:

History Year: 2015-2019
Base Year: 2019
Estimated Year: 2020
Forecast Year: 2021 to 2029

Market Segmentation:

By Vehicle Type

Passenger Vehicles
Compact Cars
Mid-Sized
SUVs
Luxury
Commercial Vehicles
LCVs
HCVs

By Camera Type

Digital
Thermal
Infrared

By Application

Night Vision Recording
Parking Assist System
Blind Spot Detection
Lane Departure System
Other ADAS Systems

Regional Segmentation:

North America (The US, Canada, and Mexico)
Europe (Germany, France, the UK, and Rest of the World)
Asia Pacific (China, Japan, India, and Rest of Asia Pacific)
Latin America (Brazil and Rest of Latin America.)
Middle East & Africa (Saudi Arabia, the UAE, South Africa, and Rest of Middle East & Africa)

Additionally, the analysis also delivers a comprehensive review of the crucial players on the Vehicle Camera Market along with their company profiles, SWOT analysis, latest advancement and business plans.

The analysis objectives of the report are:

To equitably share in-depth info regarding the crucial elements impacting the increase of industry (growth capacity, chances, drivers and industry specific challenge and risks).
To know the Vehicle Camera Market by pinpointing its many sub segments.
To profile the important players and analyze their growth plans.
To endeavor the amount and value of the Vehicle Camera Market sub-markets, depending on key regions (various vital states).
To analyze the Global Vehicle Camera Market concerning growth trends, prospects and also their participation in the entire sector.
To examine and study the Global Vehicle Camera Market size (volume and value) form the company, essential regions/countries, products and applications, background information and also predictions.
Primary worldwide Global Vehicle Camera Market manufacturing companies, to specify, clarify and analyze the product sales amount, value and market share, market rivalry landscape, SWOT analysis and development plans for the next coming years.
To examine competitive progress such as expansions, arrangements, new product launches and acquisitions on the market.

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