Press release
Automotive Camera Market is Grow at a CAGR of 24.3% to reach US$ 30,140.14 million by 2028
Players in the automotive camera market are expected to have lucrative opportunities in the coming years, owing to the increasing demand for safety and driving comfort features. With the development of science and technology, automotive technology is improving rapidly. Also, automotive safety technology is involved gradually in all aspects of a car. Due to the increasing number of road traffic accidents, governments across the world have mandated to install cameras in all segments of vehicles
Automotive Camera Market Insights
The growing advancement in the advanced driver assistance system (ADAS) is fueling the growth of the automotive camera market. The ADAS technology has improved the driving experience with added features, including stability controls, lane monitoring, and emergency braking. The system comprises technologically equipped sensors, such as radar sensors, cameras, LiDAR, ultrasonic sensors, infrared, and several actuators. The ongoing adoption of electric vehicles owing to stringent government regulations for carbon emissions is boosting the demand for ADAS, thereby driving the automotive camera market. In addition, the favorable regulatory policies for incorporating safety and comfort features in the automotive vehicles fuel the automotive camera market growth.
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Global Automotive Camera Market: Regional Analysis
The report offers in-depth assessment of the growth and other aspects of the Automotive Camera market in important regions. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
Impact of COVID-19 Pandemic on Automotive Camera Market
With the ease of restrictions and reopening of business units, the adoption of EVs and sales of automotive vehicles are peaking, achieving the new normal. From 2021, market players have significantly invested in adopting advanced technology, leveraging the demand for automotive vehicles and making them more intelligent and secure. The COVID-19 pandemic has had a swift and severe impact on the globally integrated automotive industry. The pandemic disrupted the Chinese parts exports, large-scale manufacturing interruptions across Europe, and assembly plants in the US. All these factors are making a downshift in global demand. The pandemic forced businesses to restructure their business models, focusing on strengthening strategies to achieve economies of scale.
Global Automotive Camera Market: Competitive Landscape
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, during the forecast period of 2019 to 2025.
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Major Key Points of Automotive Camera Market
Automotive Camera Market Overview
Automotive Camera Market Competition
Automotive Camera Market, Revenue and Price Trend
Automotive Camera Market Analysis by Application
Company Profiles and Key Figures in Automotive Camera Market
Market Dynamics
Methodology and Data Source
Companies Profiled in this report includes:
Aptiv PLC
Autoliv Inc.
Continental AG
FLIR Systems, Inc.
Gentex Corporation
Magna International Inc.
Robert Bosch GmbH
Valeo
Mobileye
Stonkam Co., Ltd.
Leading market players and manufacturers are studied to help give a brief idea about them in the report. The challenges faced by them and the reasons they are on that position is explained to help make a well informed decision. Competitive landscape of Brown Sugar market is given presenting detailed insights into the company profiles, developments, merges, acquisitions, economic status and best SWOT analysis.
NOTE: Our team is studying Covid-19 and its impact on various industry verticals and wherever required we will be considering Covid-19 analysis of markets and industries. Cordially get in touch for more details.
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
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