Owing to the rising demand for drive assistance sensors and parking cameras, the automotive camera market is expected to grow significantly. Additionally, automotive cameras are found to provide a better driving experience. According to a recent publication by IndustryARC, in 2018, the global automotive camera market size was $11.34 billion and the demand is projected to grow at a healthy compound annual growth rate (CAGR) of 9.75% during the forecast period of 2019 to 2025.This resonates with the findings that are documented in the recent business publication by IndustryARC titled “ [URL=https://industryarc.com/PressRelease/958/Automotive-Camera-Market-Research.html]Automotive Camera Market[/URL] - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast (2019 – 2025).” The report also documents that high requirement of this product is certainly needed in passenger cars which will propel the automotive camera market demand.
Browse Automotive Camera Market Report Link: [URL]https://industryarc.com/Research/Automotive-Camera-Market-Research-502409[/URL]
Global Automotive Camera Market: Demand Analysis and Growth Forecast
Automotive camera, car DVR, or driving recorder is a camera that continuously records the view from the vehicle’s windscreen, rear camera, or windows. Furthermore, a rare-view mirror dash camera is high-quality visibility. Nowadays, there is a mirror dash came that can record video. Some dash-cameras are even used to record the interior view of the car in 360degree. However, the advanced driver-assistance systems aid the drivers in the process of driving.
Global Automotive Camera Market: Market Trends and Drivers
·Continental Virtual A-Pillar
This new technology captures the head movements of the driver using an interior camera placed above the steering wheels. It also captures the live video of the vehicle’s external environment with the camera located on the vehicle’s exterior. It gives a view of a window rather than a live video to the driver.
·Radar
Radar is placed behind the car sheet metal. It is one of the most reliable technology as it can capture the view of hundreds of yards and can grasp the speed of all the objects spotted around. This has increased the demand for automotive camera in the market.
Global Automotive Camera Market: Competitive Landscape
Some of the key companies identified in the report that are currently holding the majority shares in the global automotive camera market are Continental AG, Magna International Inc, Mobileye N V, Omnivision Technology Inc, Robert Bosch Gmbh, Valeo, Aptiv Plc, Autoliv, Inc, Automation Engineering Inc, Stonkam Co , Ltd.
Talk to one of our sales representative about the full report by providing your details in the link below:
[URL]https://industryarc.com/support.php?id=502409[/URL]
About IndustryARC: IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food and Beverages, Information Technology, and Life sciences and Healthcare.