Vehicle Camera Market Forecast 2024 to 2032
The Vehicle Camera Market was valued at USD 1,435.62 Million in 2022 and is expected to register CAGR of 7.26% by 2032.
A vehicle camera, also known as a dashcam or car camera, is a compact electronic device that is installed in a vehicle to capture video footage of the surrounding environment. It is typically mounted on the dashboard, windshield, or rearview mirror and records continuously or upon triggering events such as sudden acceleration, braking, or impacts. Vehicle cameras are designed to provide visual documentation of the road and traffic conditions, as well as the driver’s actions and behavior.
Report Overview:
The Vehicle Camera Market was valued at USD 1,435.62 Million in 2022 and is expected to register CAGR of 7.26% by 2032.
Market Drivers:
Increasing Safety Concerns: Safety is a significant driver for the adoption of vehicle cameras. Governments and regulatory bodies across the globe are focusing on improving road safety, which has led to the increased installation of cameras in vehicles.
Growing Demand for Advanced Driver Assistance Systems (ADAS): Growing demand for ADAS features, such as collision avoidance systems, lane departure warning systems, and adaptive cruise control expected to contribute to global market growth.
The Vehicle Camera Market is segmented By Type (Viewing Camera, Sensing Camera), By Application (Passenger Car, Commercial Vehicles)
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Report Coverage:
By Type | Viewing Camera |
Sensing Camera | |
By Application | Passenger Car |
Commercial Vehicles | |
By Region | North America |
Latin America | |
Western Europe | |
Eastern Europe | |
Middle East & Africa | |
Asia Pacific | |
Emerging Countries | |
Report Base Year | 2022 |
Report Forecast Year | Upto 2032 |
Historical Data | 2018-2022 |
Qualitative Info | Value Chain Analysis |
Pricing Analysis | |
Regional Outlook | |
Market Trends | |
Market Share Analysis | |
Competition Analysis | |
Technological Advancements |
Market Restraints:
Cost is a significant restraint for the vehicle camera market. In addition to this, factors such as limited awareness about benefits of vehicle cameras, rising issues related to privacy concerns and installation and integration challenges are expected to hamper global market growth during the forecast period.
Key Companies:
Bosch
Delphi
Continental
Valeo
Autoliv
OVT
Magna
Mobileye
AEI
Stonkam
MapmyIndia’
Our Report Takes into Consideration Revenues of All The Tier 1, 2, and 3 Players In The Market
Recent News:
MapmyIndia Launches Mappls GPS Trackers, Dash Cameras And Smart Helmet Kits For Vehicles (Click here)
Microlise Adds Camera for Driver Distraction Monitoring (click here)
LG Innotek Unveils Plastic-Glass Lenses for Self-Driving Car Camera Modules (click here)
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Key Questions Addressed in the Report Include:
Which market segments are generating the most revenue?
What is the geographical outlook for various market segments?
Where are the future investment opportunities considering the recent trends?
What is the effect of various market dynamics on the market and how will the market shape in the future?
Which are potential & niche segments and regions exhibiting promising growth?
What are the current challenges in Vehicle Camera Market?
Who are the major players in the Vehicle Camera Market and what does market share analysis looks like?
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