Vehicle Camera Market Opportunity & Forecast 2022
Deployment of advanced technologies to provide abundant growth opportunities for the vehicle camera market.
Portland, OR -- (SBWire) -- 09/22/2017 --Global Vehicle Camera Market is expected to garner $7,567 Million by 2022, registering a CAGR of around 15% during the forecast period 2016 to 2022. Vehicle cameras attached to automobiles capture images and videos of inside and outside the vehicle. They provide real-time video recording, which helps in collecting legal evidence during an accident, theft, and others. Vehicle cameras have proven to be of great importance as evidence in private and commercial sectors due to the increase in number of road accidents, parking accidents, and complications in claiming insurance for the same.
Prominent players offering vehicle cameras globally include Qrontech Co. Ltd., DCS Systems Ltd., AIPTEK International, GoPro, Garmin International, Inc., Transcend Information, Inc., Pittasoft Co. Ltd., Hyundai MnSOFT, S.Will Industrial Ltd., and PAPAGO Inc.
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Segment Overview
The world vehicle camera market is segmented based on price, end user, and geography. The price segment includes affordable, mid-range, and high-end vehicle cameras. The end-user segment comprises private vehicles, commercial vehicles, and government & defense vehicles. This report analyzes the global market based on four key regions, namely, North America, Europe, Asia-Pacific, and LAMEA.
Technological advancement
Introduction of novel technologies pave the way for high growth rate for the vehicle camera market in the coming years. Advancement and fusion of technologies and equipment are likely to transform and increase the camera efficiency, including light detection and ranging (LIDAR) sensors, 3D imaging, night vision, dual lenses cameras, GPS, blind-spot detection features, park cameras, top-down view cameras, and others.
BY GEOGRAPHY
- North America
- U.S.
- Mexico
- Canada
- Europe
- UK
- Germany
- France
- Rest of Europe
- Asia-Pacific
- China
- Australia
- Japan
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Africa
- Middle East
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