Automotive Camera Market Forecast to 2028


Posted April 19, 2023 by shyambane22

The Automotive Camera Market is expected to grow from US$ 6,911.10 million in 2021 to US$ 30,140.14 million by 2028. It is estimated to grow at a CAGR of 24.3% from 2022 to 2028.

 
The Automotive Camera Market is expected to grow from US$ 6,911.10 million in 2021 to US$ 30,140.14 million by 2028. It is estimated to grow at a CAGR of 24.3% from 2022 to 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. As per the report published by National Highway Traffic Safety Administration (NHTSA), the traffic fatalities in 2021 had shown an increase of about 10.5% compared to reported fatalities in 2020.

Get a Sample Copy of Report, Click Here: https://www.theinsightpartners.com/sample/TIPRE00004119

The report provides the current market size for Automotive Camera, defines trends and presents growth forecasts for nine years from 2021 to 2028. 2021 is considered as the base year, and 2021 to 2028 is forecast year for the entire report. All the market numbers for revenue are provided in US dollars. The market is analyzed by the supply side, considering the market penetration of Automotive Camera Market for all the regions globally.

The scope of the Automotive Camera Market Report:
The research report focuses on the current market trends, opportunities, future potential of the market, and competition in the Automotive Camera in North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The study also provides market insights and analysis of the Automotive Camera, highlighting the technological market trends, adoption rate, industry dynamics, and competitive analysis of major players in the industry.

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.

Major highlights of the report:
• All-inclusive evaluation of the parent market
• Evolution of significant market aspects
• Industry-wide investigation of market segments
• Assessment of market value and volume in past, present, and forecast years
• Evaluation of market share
• Tactical approaches of market leaders
• Lucrative strategies to help companies strengthen their position in the market

Note – The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries. This report on ‘Automotive Camera Market’ provides the analysis on impact on Covid-19 on various business segments and country markets. The reports also showcase market trends and forecast to 2028, factoring the impact of Covid -19 Situation.

Speak To Analysts - https://www.theinsightpartners.com/speak-to-analyst/TIPRE00004119

Major key players covered in this Automotive Camera Market report:
• Aptiv PLC
• Autoliv Inc.
• Continental AG
• FLIR Systems, Inc.
• Gentex Corporation
• Magna International Inc.
• Robert Bosch GmbH
• Valeo
• Mobileye
• Stonkam Co., Ltd.

Automotive Camera Market Segmented by Region/Country: North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America

Reason to Buy
• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Automotive Camera Market.
• Highlights key business priorities in order to guide the companies to reform their business strategies and establish themselves in the wide geography.
• The key findings and recommendations highlight crucial progressive industry trends in the Automotive Camera Market, thereby allowing players to develop effective long-term strategies in order to garner their market revenue.
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those restraining the growth at a certain extent.

Purchase a copy of Market research report @ https://www.theinsightpartners.com/buy/TIPRE00004119

Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

About Us:
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.

Contact Us:
If you have any queries about this report or if you would like further information, please contact us:
Contact Person: Sameer Joshi
E-mail: [email protected]
Phone: +1-646-491-9876
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Shyam Bane
Country India
Categories Automotive
Tags automotive camera , automotive , automobile , transportation
Last Updated April 19, 2023