Automotive Camera


Automotive Camera

Automotive Camera Market In 2017, the adaptive cruise control system segment dominated the global automotive camera market in the application segment, in terms of revenue. However, the driver monitoring system segment is expected to grow at a highest CAGR during the forecast period. By technology, the digital camera segment is anticipated to dominate the market throughout the forecast period. Moreover, the passenger car segment dominates the overall automotive camera market, in terms of vehicle type. The automotive camera market signifies a considerable growth in the near future, owing to increase in the adoption of automotive cameras, particularly in the developing regions. Moreover, companies have been adopting innovative techniques to provide customers with advanced and innovated product offerings, which boost the growth of the market.

Download Report Sample (278 Pages PDF With Insights): https://www.alliedmarketresearch.com/request-sample/4753

According to a recent report published by Allied Market Research, titled, Global Automotive Camera Market by Application, Technology, and Vehicle Type: Global Opportunity Analysis and Industry Forecast, 2018-2025, the global automotive camera market was valued at $11,401.6 million in 2017, and is projected to reach $24,092.1 million by 2025, growing at a CAGR of 9.70% from 2018 to 2025.

Presently, North America dominates the market, followed by Europe. In 2017, U.S. dominated the North America market and Germany led the overall market in Europe. However, in the Asia-Pacific region, China currently dominates the market.

Request For Customization Of This Report: https://www.alliedmarketresearch.com/request-for-customization/4753

Rise in demand for passenger vehicles coupled with safety & security concerns among consumers and increase in number of road fatalities drive the growth of the global automotive camera market considerably. In addition, rise in trend of installing advanced driver assistance system (ADAS) and legislations mandating installation of cameras in vehicles are anticipated to provide potential growth opportunities for the market. However, high installation cost of the cameras is one of the major restraints of the market.

Key Findings of the Automotive Camera Market :
o On the basis of application, the adaptive cruise control system segment led the global automotive camera market in the year 2017.
o The North America region held the majority of market share in 2017.
o By vehicle type, the passenger car segment has been dominating the global automotive camera market in the year 2017. However, the heavy commercial vehicle segment is expected to grow at the highest CAGR during the forecast period (2018-2025).
o The LAMEA region is anticipated to exhibit the highest CAGR during the forecast period.

Inquire More About This Report Before Making Decision To Purchase: https://www.alliedmarketresearch.com/purchase-enquiry/4753

Avenue | The Market Research Library Access

Avenue, a user-based library of global market report database, provides comprehensive reports pertaining to the world’s largest emerging markets. It further offers e-access to all the available industry reports just in a jiffy. Avenue is a premium subscription-based model that serves as an informative solution on which the world-leading companies can rely on.

Avenue is a premium subscription-based model that serves as an informative solution on which the world-leading companies can rely on.

Sign up and start using your 14-day free trial: https://www.alliedmarketresearch.com/avenueTrial

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com

About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here