Press release
Automotive Camera Market - Global Industry Trends & Forecast to 2029
Automotive Camera Market - Industry Trends and forecast period of 2021 to 2028.• Automotive camera market size is valued at USD 20.66 billion by 2028 expected to grow at a compound annual growth rate of 11.25% over the forecast period of 2021 to 2028. Data Bridge Market Research report on automotive camera market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market's growth.
Automotive Camera Market Definition
• However, the high cost of execution of multi-camera systems and high thermal noise generation from the cameras will act as market restraints for automotive camera in the forecasted period of 2021 to 2028, whereas the various constraints in real-time image processing in surround view systems have the potential to challenge the growth of the market.
Automotive Camera Market Segmentation
• On the basis of technology, the automotive camera market is segmented into digital camera, infrared camera and thermal camera.
• On the basis of view type, the automotive camera market is segmented into single view system and multi camera system.
• Based on level of autonomy, the automotive camera market is segmented into l1 camera unit, l2&3 camera units, l4 camera unit and l5 camera unit.
• On the basis of application, the automotive camera market is segmented into driver monitoring system, park assist system, ADAS, blind spot detection, night vision system and others.
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