Vehicle Camera Market with Competitive Analysis, New Business Developments and Top Companies 2021 - 2026

Vehicle Camera Market

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.

The Major Players Covered in this Report:
Allied Vision Technologies (Germany), Balluf (Germany), Delhi Automotive PLC (U.K.), Robert Bosch GmBH (Germany), Denso Corporation (Japan), Autoliv, Inc (Sweden), ADA-ES Inc. (U.S.), Valeo S.A. (France), TRW Automotive (U.S.), and Ambarella (U.S.), ISS Innovative Software Services GmbH (ISS) and Matrix Vision GmbH. Matrix Vision. 

The global 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.

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By Technology: Thermal Camera, Digital Camera, Infrared Camera,

By Vehicle Type: Passenger Cars, Commercial Vehicles,

By Application: Lane Departure Warning, Blind Spot Detection, Night Vision, Pedestrian Detection, Driver Monitoring, Park Assist System, Adaptive Cruise Control, Others.

Segmentation Overview

Based on camera type the global vehicle camera market is divided into digital, thermal, and infrared. The digital segment caters to the maximum share owing to the cost-effective nature of the digital cameras. Further, there has been a high utilization of digital cameras in the passenger mid-sized and compact cars that cater to the major share among the passenger and commercial vehicles. Additionally, as stated by the Insurance Institute for Highway Safety, Highway Loss Data Institute in 2018, the use of cameras and back sensors reduced the back crashing involvement rates by approximately 75%. Further, the infrared camera segment caters to a significant share in the market owing to its limited deployment in luxury cars and certain commercial vehicles

Regional Analysis For Vehicle Camera Market:

North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

In this study, the years considered to estimate the market size of the Vehicle Camera are as follows:

History Year: 2014-2019
Base Year: 2019
Estimated Year: 2020
Forecast Year 2021 to 2026

The study objectives of this report are:

To study and forecast the market size of the Vehicle Camera in the global market.
To analyze the global key players, SWOT analysis, value, and global market share for top players.
To define, describe and forecast the market by type, end-use, and region.
To analyze and compare the market status and forecast among global major regions.
 Analyze the potential of the global market and the advantages, opportunities and challenges, constraints, and risks of key regions.
Identify the key trends and factors that are driving or holding back market growth.
To analyze the opportunities in the market for stakeholders by identifying the high-growth segments.
Strategic analysis of each submarket in light of individual growth trends and market contributions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Complete analysis of the strategic strategy and growth of key players

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