Press release
Russia Automotive Camera Market Size, Status and Forecast 2021- Garmin Ltd., Panasonic Corporation, Continental AG, Denso Corporation, Magna International Inc., Robert Bosch GmbH
The Automotive Camera Market report provides the overall structure and business outlook of the Russia and regional industries. The study also involves the important Achievements of the market, Research & Development, new product launch, product responses, and regional growth of the leading competitors operating in the market on a Russia and local scale. The structured analysis contains graphical as well as a diagrammatic representation of the Russia Automotive Camera Market with its specific geographical regions.The Russia Automotive Camera Market is anticipated to register a CAGR of over 15% during the forecast period (2020 - 2025).
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Top Leading Companies of Russia Automotive Camera Market are Garmin Ltd., Panasonic Corporation, Continental AG, Denso Corporation, Magna International Inc., Robert Bosch GmbH, Hella KGaA Hueck & Co., Autoliv Inc., ZF Friedrichshafen AG, Gentex Corporation, Mobileye, Valeo SA
Market Overview
- The increasing demand for automobiles, growing safety concern among customers, mandatory government norms, advanced innovation technology, rapid adoption of ADAS and availability of low-cost parking cameras and sensors in aftermarket are some of the major drivers of growth of the market.
- Customers are more likely to prefer the latest advancements in the camera technology such as 360 degrees camera that captures the image from multiple cameras and display a consolidated image on split screen.
- Government strict norms such as installing vehicles with advanced safety features like ADAS. European authorities make installation of Automotive Emergency Braking (AEB) and Forward Collision Avoidance/Warning System mandatory by 2020. This is likelyto boost the sales of automotive cameras over the forecast period.
News and Latest Developments
- In September 2019, Denso Corporation had announced its partnership with BlackBerry to launch the first integrated HMI (Human Machine Interface) digital cockpit system with BlackBerry. The advanced software and human interaction together creates a seamless automotive user experience.
- In January 2018, Garmin Ltd., with support from Amazon Alexa, has launched Garmin Speak Plus, by adding a built-in dash camera to its innovative Garmin Speak. The in-vehicle device is enabled with Amazons cloud-based Alexa voice service for hands-free access to music, news briefings, sports scores, and exclusive GPS navigation from Garmin, and much more. It also includes advanced driver assistance features that include Forward Collision and Lane Departure Warnings.
- In February 2018, Garmin Ltd. had announced that it has acquired Trigentic AB, a privately-held provider of intelligent products, solutions and services in the areas of embedded systems.
KEY MARKET BENEFITS FOR STAKEHOLDERS
─The objective of report is to define, segment, and project the market on the basis of product type, application, and region, and to describe the content about the factors influencing market dynamics, policy, economic, technology and market entry etc.
─This report provides an in-depth analysis of the Russia Automotive Camera market to identify the potential investment pockets.
─It outlines the current trends and future scenarios to determine the Automotive Camera market potential and gain stronger market foothold.
─Key drivers, restraints, and opportunities and their detailed impact analysis are elucidated.
─Quantitative analysis of the Automotive Camera industry from 2015 to 2025 is highlighted to recognize the financial competency of the market.
─Porter’s Five Forces model illustrates the threat of new entrants, threat of substitutes, and strength of the buyers & suppliers.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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