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Vehicle camera market worth 17 billion USD by 2020 according to new research report

Vehicle camera market worth 17 billion USD by 2020 according to new research report

The global vehicle camera market is projected to grow at a CAGR of 11.0% from 2015 to 2020. The global vehicle camera market is projected to grow at a CAGR of 11% while, the global vehicle camera module market is projected to grow at a CAGR of 11.8% from 2015 to 2020. North America is the largest market for vehicle cameras, followed by Europe and Asia-Pacific.

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The report Vehicle Camera Market by Application (DMS, BSD, ACC, NVS, PAS), Product Type (Camera, Camera module), Technology (Infrared, digital, thermal), Vehicle Type, & by Region - Global Trends & Forecast to 2020 defines and segments the vehicle camera market with an analysis and forecast of the global market size, by volume and value. The global vehicle camera market is projected to grow at a CAGR of 11% while, the global vehicle camera module market is projected to grow at a CAGR of 11.8% from 2015 to 2020.

The growing influence of new car assessment program, and increasing demand of luxury cars are some of the key drivers fueling the growth of the global vehicle camera market.

Browse 140 market tables and 56 figures spread through 181 pages and in-depth TOC on "Vehicle Camera Market by Application (DMS, BSD, ACC, NVS, PAS), Product Type (Camera, Camera module), Technology (Infrared, digital, thermal), Vehicle Type, & by Region - Global Trends & Forecast to 2020"  

Download PDF brochure at http://www.marketsandmarkets.com/pdfdownload.asp?id=125124333

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Digital camera: Promising market for vehicle camera market

By technology type, the digital camera market, in terms of value, is estimated to dominate the global vehicle camera market in 2015. Digital cameras are commonly used in the application of ADAS systems such as LDW, ACC, PDS, RSR, PAS, and BDS.

The global digital camera market in terms of value is projected to grow at a CAGR of almost 10% from 2015 to 2020. However, the infrared camera market, in terms of value, is projected to grow at the highest during the forecast period.

North America: Dominant market for vehicle camera

North America accounted for majority of the market in the global vehicle camera market in 2015. OEMs in North America have been focused on the development of high technology ADAS application for vehicles to comply with NCAP and federal mandates.

The North American vehicle camera module market, in terms of value, is projected to grow with a double digit CAGR during the forecast period.

The European region has been segmented into Germany, France, the U.K., and Italy. Europe accounted for the second largest share in global vehicle camera market in 2015.

The European vehicle camera module market is projected to grow at a double digit CAGR during the forecast period.

The automotive industry in the Asia-Pacific has witnessed a year-on-year increase in sales. It is the leading producer of automobiles in the world.

The Asia-Pacific vehicle camera market is third largest in the global market, by value, in 2015. This is mainly attributed to the production expansions made by automobile manufacturers to help them cope with rising consumer demand and to offer technologically advanced vehicles.

The report covers all the major players in the vehicle camera market that includes companies such as Robert Bosch Gmbh (Germany), Delphi Automotive PLC (U.K.), and Autoliv Inc (Sweden), Valeo (France), and Continental AG (Germany), and numerous local players.

The report covers the vehicle camera market, in terms of volume (‘000 units) and value (USD million). It explains the qualitative and quantitative aspects of the vehicle camera market on the basis of region, application, product type, and camera technology and vehicle type from 2015 to 2020.

It also provides an overview of technical factors and other important aspects of the vehicle camera market.

Report: www.marketsandmarkets.com/.asp?id=125124333

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