Vehicle Cameras Market Dynamics by 2025: Industry Size, Share, Regional Analysis and Segmentation
Pune, India -- (SBWIRE) -- 01/14/2019 -- Global Vehicle Cameras Market
The report firstly introduced the Vehicle Cameras Market basics: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures, raw materials and so on. Then it analyzed the world's main region market conditions, including the product price, profit, capacity, production, supply, demand and market growth rate and forecast etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis.
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Vehicle cameras connected automobiles capture videos and images of outside as well as inside the vehicle. They arrange actual time video record, which helps in collecting legal information during an accident, theft and others. The adoption of vehicle cameras is increasing due to rising number of road accidents worldwide. On the other hand, advanced technologies and equipment such as top-down view cameras, dual lenses cameras, night vision cameras, 3D imaging, GPS and other are expected to provide further market opportunity to the vehicle camera market.
This market is confirm to be a great importance as witness in private and commercial sectors due to parking accidents, the expansion in number of road accidents and complication in declaring insurance for the same.Armored vehicles and military ground transport vehicles, like trucks, tanks, armored personnel carriers, that require to work in darkness and hostile areas are employed with advanced featured cameras equipped with night vision, GPS tracking, and different further options.
Increasing prices of vehicles as well as high costs incurred at the design & testing phase is predicted to act as key challenge for the global vehicle camera market growth.
The global vehicle cameras market is majorly segmented into price, technology, end user. Based on technology vehicle camera market is bifurcated into digital camera and thermal camera while, based on end user it is classified into private sector, commercial sector and government & defense sector. Further based on price vehicle cameras market is segmented into affordable (up to US$100), mid-range (US$100 to US$200), High-end (above US$200).
Based on the geographical regions covered, the market is analysed across: North America, Europe, Asia Pacific and LAMEA (Latin America, Middle East and Africa). Asia pacific is predict to grow by owing to the hike in number of road accidents in India, China, Thailand, Pakistan and others.The fast increase within the demand for vehicle cameras from Australia, China, South Korea, and Taiwan as a result of the expansion of the automotive sector as well as the rise within the income of consumers, is supplying this regional market considerably.
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The major key players operating in vehicle cameras market are: Qrontech co. ltd., DCS systems ltd., AIPTEK international, GoPro, Garmin international, Inc., Transcend information, Pittasoft co. ltd., Hyundai MnSOFT, S.Will industrial ltd and PAPAGO Inc.
Global vehicle cameras market segments:
-Affordable (up to US$100)
-High-End (above US$200)
BY end user:
-Government & Defense Sector
-North America (U.S. and Canada)
-Latin America (Mexico, Brazil, Peru, Chile, and others)
-Western Europe (Germany, U.K., France, Spain, Italy, Belgium, Netherlands)
-Eastern Europe (Poland and Russia)
-Asia Pacific (China, India, Japan and Australia)
-Middle and East Africa (Southern Africa and North Africa)
Last, It offers in-depth information obtained through extensive primary and secondary research methods. The information has been further assessed using various effective analytical tools.
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