Vehicle Camera Market to Reach $22.98 Billion With 11.8% CAGR Forecast to 2022

key players - AIPTEK International, Inc., Transcend Information, Inc., S.Will Industrial, Ltd., Pittasoft Co, Ltd., PAPAGO Inc., Hyundai MnSOFT, GoPro, Inc.

PUNE, MAHARASHTRA, INDIA, December 23, 2016 /EINPresswire.com/ -- Vehicle Camera Industry

Description

According to Stratistics MRC, the Global Vehicle Camera Market is valued at $10.52 billion in 2015 and is expected to reach $22.98 billion by 2022 growing at a CAGR of 11.8% from 2015 to 2022. Vehicle cameras are identified rapidly as a profitable way of exceptionally making the driver behaviour better and track crucial data to help safeguard consumers vehicles and other road users. The growing impact of new automobile assessment program, and rising demand of grandeur cars are some of the key factors driving the market growth of the global vehicle camera market.

By region, North America is considered as the largest market, Europe has the second huge share and Asia Pacific vehicle camera market is third largest in the global vehicle camera market by value in 2015. However Asia-Pacific has observed an improvement in the sales every year in the automotive industry. It is the dominant manufacturer of vehicles in the world. This is mostly allocated to the Productivity developments made by automobile manufacturers to help them manage the increasing consumer demand and to provide technologically advanced vehicles. By end-user segment, private vehicles have accounted the largest market share in the terms of revenue generation 2015. However, the commercial end-user segment is anticipated to grow at the highest rate during the forecast period.

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Some of the key players in the market include

AIPTEK International, Inc., Transcend Information, Inc., S.Will Industrial, Ltd., Pittasoft Co, Ltd., PAPAGO Inc., Hyundai MnSOFT, GoPro, Inc., Garmin International, Inc., DCS Systems Ltd, Qrontech Co, Ltd., Ford Motor Company, Continental, Clarion, Bosch, and Ambarella.

Prices Covered:
• Affordable
• Mid-range
• High-end

Applications Covered:
• Advance Driver Assistance Systems (ADAS)
o Lane Departure Warning (LDW)
o Adaptive Cruise Control (ACC)
o Pedestrian Detection system (PDS)
o Road Sign Recognition Systems (RSR)
o Park Assist System (PAS)
o Blind Spot Detection (BDS)
o Driver Monitoring
o Night Vision
• Other Applications

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End Users Covered:
• Transport vehicles
• Private vehicles
• Government and Defense vehicles
• Commercial Vehicles
o Light Commercial Vehicles (LCV)
o Heavy Commercial Vehicles (HCV)
• Other End users
o Healthcare
o Fire rescue
o Sports
o Motorcycles
Products Covered:
• Drive Camera
o Direct View
o Around View
• Sensing Camera
o Monocular
o Stereo
o Infrared

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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Continued...

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