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Automotive Camera Market Worth $15.1 Billion by 2025 - Exclusive Report by MarketsandMarkets™

Automotive Camera Market by Application (ADAS & Park Assist), View Type (Single View System & Multi-Camera System), Technology (Thermal, Infrared & Digital), Vehicle Type & Class, Electric Vehicle Type, and Region - Global Forecast to 2025

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Automotive Camera Market Worth $15.1 Billion by 2025 - Exclusive Report by MarketsandMarkets™

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  1. Automotive Camera Market worth $15.1 billion by 2025 The report "Automotive Camera Market by Application (ADAS & Park Assist), View Type (Single View System & Multi-Camera System), Technology (Thermal, Infrared & Digital), Vehicle Type & Class, Electric Vehicle Type, and Region - Global Forecast to 2025", MarketsandMarkets: The automotive camera market is projected to grow at a CAGR of 10.62% during the forecast period, to reach USD 15.1 billion by 2025 from an estimated USD 7.5 billion in 2018. Browse 106 market data Tables and 50 Figures spread through 164 Pages and in-depth TOC on "Automotive Camera Market" Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=125124333 The demand for enhanced safety, convenience, and comfort features in automobiles has grown steadily. The growing consumer awareness and increasing government mandates related to active safety have fueled the demand for driver assistance applications, which in turn will drive the growth of the automotive camera market. Park assist segment, by application, is estimated to hold the largest market share during the forecast period. The park assist segment is estimated to be the largest market during the forecast period. OEMs have started offering this feature as a standard fit in mid-priced and luxury vehicle segments. This is fueling the growth of automotive camera market for park assist application. Commercial vehicle segment is estimated to be the fastest growing market, by vehicle type, from 2018 to 2025 The commercial vehicle segment of the automotive camera market is estimated to grow at the highest rate. The increasing adoption of safety features such as blind spot monitoring, autonomous emergency braking, auto park assists, and lane departure warning will boost the demand for automotive cameras in the commercial vehicle segment. Furthermore, advanced technologies such as truck platooning and semi-autonomous and autonomous trucks will provide opportunities for the growth of the automotive camera market in commercial vehicles. Asia Pacific to be the largest market for automotive camera in 2025 Asia Pacific is projected to be the largest market for automotive camera in 2025. Safety regulations have been implemented in a few Asia Pacific countries such as Japan and South Korea, and the demand in these countries is anticipated to be on the rise in the next 5 years. China, South Korea, and Japan are expected to implement vehicle and road safety regulations regarding the installation of ADAS in vehicles due to the growing population as well as vehicle demand. Moreover, the improving lifestyle of consumers and speedy urbanization have boosted the demand for passenger vehicles as well as commercial vehicles in the region.

  2. The automotive camera market is dominated by globally established players such as Continental (Germany), Robert Bosch (Germany), Valeo (France), Aptiv (Ireland), and Magna (Canada). Also, Intel (Mobileye) (US), Autoliv (Sweden), Ficosa (Spain), and Clarion (Japan) provide automotive cameras. Don’t miss out on business opportunities in Automotive Camera Market. Speak to our analyst and gain crucial industry insights that will help your business grow. Get Detail Insight @ https://www.marketsandmarkets.com/Market-Reports/automotive-camera- market-125124333.html About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: 1-888-600-6441 sales@marketsandmarkets.com

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