Vehicle Camera Industry Growth & Forecast up to 2022
Vehicle Camera Market to Reach $7,567 Million, Globally, by 2022. Read more at: https://www.alliedmarketresearch.com/vehicle-camera-market Global Vehicle Camera Market is expected to garner $7,567 Million by 2022, registering a CAGR of around 15% during the forecast period 2016 to 2022. Vehicle cameras attached to automobiles capture images and videos of inside and outside the vehicle. They provide real-time video recording, which helps in collecting legal evidence during an accident, theft, and others. Rise in number of road accidents worldwide boosts the adoption of vehicle cameras across various sectors such as private, commercial, and defense. However, government regulations in some countries concerned with public video recording impede the market growth. Moreover, deployment of advanced technologies and equipment, such as top-down view cameras, 3D imaging, night vision cameras, dual lenses cameras, and GPS is expected to provide abundant growth opportunities for the vehicle camera market.
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