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Driving Towards Safety: Global Automotive Camera Market accounts for USD 12.3 Billion in 2022, with a CAGR of 12.3% from 2023 to 2033

05-03-2023 04:37 PM CET | IT, New Media & Software

Press release from: Evolve Business Intelligence

Driving Towards Safety: Global Automotive Camera Market

As per the study initiated by Evolve Business Intelligence, the global Automotive Camera market size accounted for USD 12.3 Billion in 2022, growing at a CAGR of 12.3% from 2023 to 2033. The automotive camera market refers to the global market for cameras that are installed in vehicles to enhance safety, security, and convenience. Automotive cameras are used for various applications such as rearview cameras, parking cameras, ADAS cameras, and surround-view cameras. The market is driven by factors such as the increasing demand for advanced driver assistance systems (ADAS) in vehicles, the rising need for safety features in automobiles, and the growing adoption of autonomous vehicles. Additionally, government regulations mandating the installation of rearview cameras in vehicles to prevent accidents have also contributed to the growth of the automotive camera market.
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Key Highlights:
• The global Automotive Camera Market size was valued at USD 12.3 billion in 2022 growing at a CAGR of 12.3% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2033
Evolve Business Intelligence has published a new market research report on Global Automotive Camera Market focusing in various aspects including market size and forecast, market dynamics, competitors market share analysis, market size in terms of value and volume, SWOT analysis, product benchmarking, key players recent developments, and opportunities, among others. The market has also been analyzed based on 4 indicators in the market dynamic chapter which includes Drivers, Restraints, Key Trends, and Challenges. The overall sum of these sections will help to understand the best strategies to be adopted in order to prosper through this industry over short and long terms. The quantitative analysis includes our authentic findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.
In terms of COVID 19 impact, the Automotive Camera market report also includes the following data points:
• COVID19 Impact on Automotive Camera market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in Automotive Camera market
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Key Players
Some of the major Automotive Camera players holding high market share include Autoliv, Inc., Continental AG, ZF Friedrichshafen, Robert Bosch GmbH. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
• Autoliv, Inc.
• Continental AG
• ZF Friedrichshafen
• Robert Bosch GmbH
• Ricoh
• Valeo
• Magna International
• Denso
• Garmin Ltd
• OmniVision
• Mobileye
• Kappa optronics GmbH
• Ambarella
Segmental Analysis
Market Segment By Application Type with focus on market share, consumption trend, and growth rate of Automotive Camera Market:
o Park Assist System
o Lane Departure Warning System
o Lane Keep Assist
o Adaptive Cruise Control
o Road Sign Assistance
o Intelligent Headlight Control
o Other
Market Segment By Technology Type with focus on market share, consumption trend, and growth rate of Automotive Camera Market:
o Stereo
o Monocular
Market Segment By vehicle type with a focus on market share, consumption trend, and growth rate of the Automotive Camera Market:
o Passenger Cars
o Commercial Vehicles
Parameters Details
Market Size (2022) $ 12.3 Billion
CAGR (2023 to 2033) 12.3%
Market Segmentation Application Type, Technology Type, vehicle type
Country Covered US, Canada, Mexico, UK, Germany, France, Italy, Spain, Nordic Countries, BeNeLux, Rest of Europe, China, India, Japan, South Korea, Indonesia, Malaysia, Australia, Rest of Asia Pacific, Middle East & Africa, and South America
For more information: https://report.evolvebi.com/index.php/sample/request?referer=OpenPR&reportCode=019043
Global Automotive Camera Geographic Coverage:
• North America
o US
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Nordic Countries
o Benelux
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Australia
o Rest of Asia Pacific
• Middle East and Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
Reasons to Buy this Report:
• Detail analysis of the impact of market drivers, restraints, and opportunities
• Competitive Intelligence provides an understanding of the ecosystem
• Details analysis of the Total Addressable Market (TAM) of your products
• Investment Pockets and New Business Opportunities
• Demand-supply gap analysis
• Strategy Planning

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Evolve Business Intelligence
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Gujarat 396191
India
Email: sales@evolvebi.com
Website: https://evolvebi.com/

About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune's global 2000 companies.

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