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Modular Camera System Market : Drivers, Challenges, Historical and current Sizes (2016– 2022)
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The key drivers that are expected to increase the market potential of the global modular camera system market are the demand from the end user mostly from consumer electronics. Growth in automotive industry is one of the major driver for the growth of global modular camera system market, as the Advanced Driver Assistance Systems (ADAS) in automotive is trending in the market which is a positive point in the growth of global modular camera market. Modular cameras used in the security and surveillance are also adding to the growth of modular camera system globally, as it is used in household, commercial buildings and government organisations. Modular camera find its application in the healthcare industry for proper guidance of blind peoples and the one who is in support of wheelchair. On the other hand, the volatile price of the camera modules and the cost of maintenance pose as a restraint to the growth of global modular camera system market. The trends in the global modular camera market are the new technological innovations like, 3D depth sensing, 4K pixel and ultra HD technologies to name a few.
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