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Vehicle Camera Market to Reach $7,567 Million, Globally, by 2022

The vehicle camera market in Asia-Pacific is projected to grow at a significant rate during the forecast period, owing to the increasing number of road accidents and demand for road safety in countries including India, China, Pakistan, and Thailand

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Vehicle Camera Market to Reach $7,567 Million, Globally, by 2022

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  1. Vehicle Camera Market Opportunities and Forecasts, 2014 - 2022

  2. Vehicle Camera Market: Future and Growth • Vehicle Camera’s global market expected to garner $7,567 Million by 2022 • With a CAGR of around 15% during 2016 to 2022 • Mid-range vehicle cameras are expected to dominate the global market throughout the forecast period • Private end-user segment is projected to generate the highest revenue during this period

  3. Vehicle Camera Market (Factors Contributing to Market Growth) • Rise in cases of road accidents, false insurance claims, vehicle thefts, and others have fostered the adoption of vehicle cameras • Use of vehicle cameras in the commercial sector for movies, advertisements, healthcare, and others • Development of technologies such as GPS, remote sensing technology, dual lens cameras, night vision cameras, 3D imaging technology, provide opportunities for the growth and development of the vehicle camera industry

  4. Key Factors for Vehicle Camera market • In the year 2015, mid-range vehicle cameras dominated the vehicle camera industry, in terms of revenue, and the segment is projected to grow at a CAGR of over 14% • Commercial end-user segment is expected to grow at the highest CAGR of around 16% during the forecast period • North America generated the highest revenue in 2015 • Asia-Pacific is expected to grow at a significant CAGR of around 16% from 2016 to 2022

  5. Vehicle Camera Market Segmentation

  6. Vehicle Camera Market Segmentation • Geographically, the market is segmented into • North America • Europe • Asia-Pacific • LAMEA

  7. Key Players • QrontechCo. 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.

  8. To Know more about Vehicle Camera Market Visit: https://www.alliedmarketresearch.com/vehicle-camera-market: Summary The vehicle camera market in Asia-Pacific is projected to grow at a significant rate during the forecast period, owing to the increasing number of road accidents and demand for road safety in countries including India, China, Pakistan, and Thailand Follow us on

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