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Table of Contents
Heavy demand for vehicle is a primary driving factor for Global Car Cameras Market growth. Increase in disposable income and population across the world are also important factors contributing for growth of Global Car Cameras Market.
On the basis of technology used the single lens/single channel segment accounted for the largest revenue as well as volume share in the global car cameras market in 2023. Multi lens car camera segment is expected to see the fastest growth through the forecast period. Multi lens/dual channel car camera use two camera modules in which one camera is equipped outward to record incidents in front of the vehicle and another to record interior of the vehicle. These camera modules are also used for security applications when your vehicle is parked as it records video evidence of theft and hit and run accidents. These cameras are gaining more popularity among private and commercial vehicle owners. The mandatory regulation in the U.S. to install rear-view camera in new cars and lightweight vehicles is increasing the demand for rear-view car cameras.
Other important applications of car camera are:
North America is dominant vehicle camera market and is expected to witness significant gains on account of growing demand for luxury vehicles in U.S., Canada, and Mexico, coupled with increasing installation of ADAS(Advanced Driver-Assistance Systems) in commercial vehicles and passenger cars. Europe is also prominent market for product and will show immense growth in light of high installation of ADAS and legislation mandating the installation of safety technologies in the passenger cars in Germany, UK, France, and Italy.
Asia Pacific will witness significant growth mainly in China, India, Japan, Thailand, Malaysia and South Korea in light of rapid industrialization along with increasing number of automobile production. In addition, rising disposable income along with high standard of living of the consumers will propel market growth over the next seven years. The key players in the car camera market include Delphi, Continental, Blackbox Guard, BlackVue, Garmin, Papago, Spy Tec, Thinkware, WickedHD, Valeo, Clarion, Eken, RoadHawk, Transcend, Old Shark, Kdlinks.
Global Car Cameras Market : Product Type
Car Cameras Market : End Users/Application Analysis
Car Cameras Market : Competitive Analysis
Report includes accurate analysis of key players with Market Value, Company profile, SWOT analysis. The Study consists of following key players
Car Cameras Market : Regional Analysis
Global Car Cameras Market Report Report delivers a comprehensive analysis of the following parameters:
Parameters | Details |
---|---|
Base Year |
2024 |
Historical Data |
2018-2023 |
Forecast Data |
2024-2030 |
Base Year Value (2024) |
USD 10890 million |
Forecast Value (2031) |
USD 23457.34 million |
CAGR (2025-2030) |
8.9 % |
Regional Scope |
North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and ROW |
Car Cameras Market Report was valued at around USD 10890 million in 2023 & estimated to reach USD 23457.34 million by 2030.
Car Cameras Market Report is likely to grow at Compound Annual Growth Rate (CAGR) of 8.9% between 2024 to 2030.
North American is dominant vehicle camera market and is expected to witness significant gains on account of growing demand for luxury vehicles in U.S., Canada, and Mexico.
Some of the top key players of the Car Cameras Market are Delphi,Continental,Blackbox Guard,BlackVue,Garmin,Papago,Spy Tec,Thinkware,WickedHD,Valeo,Clarion,Eken,RoadHawk,Transcend,Old Shark,KDLINKS
Heavy demand for vehicle is prime driving factor for Global Car Cameras Market growth.
Yes, the report includes COVID 19 impact on the market.
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