Automotive Camera Market Size, Share, Trends & Industry Analysis by 2030
The global automotive camera market size is projected to grow from USD 8.3 Billion in 2024 to USD 16.0 Billion by 2030, at a CAGR of 11.5%. The automotive camera market is experiencing steady growth due to technological developments in camera technology and driver assistance demands from consumers. Additionally, the advancements in semi-autonomous and autonomous vehicles drive the demand for automotive...
Future of Automotive Cameras: Market Forecast to Reach $13.9 Billion by 2028
Anticipated growth in the automotive camera market is painting a promising picture, with estimations pointing towards a substantial $13.9 billion valuation by 2028. This surge is underpinned by a multitude of transformative factors driving shifts within the automotive landscape. Advancements in automotive safety technologies, particularly through sophisticated driver assistance systems (ADAS), are...
Automotive Camera Market Size, Share, Trends & Forecast Report, 2030
The automotive camera market worldwide size was valued at USD 8.0 billion in 2023 and is expected to reach USD 13.9 billion by 2028, at a CAGR of 11.7% during the forecast period. The cameras are used as advanced safety devices for enhancing the visibility of the surrounding environment to improve vehicle safety. The growing demand for Advanced Driver Assist Systems (ADAS) in developed and developing...
Automotive Camera Market Estimated to Reach $13.9 billion by 2028
The automotive camera market is projected to grow from USD 8.0 billion in 2023 to USD 13.9 billion by 2028, at a CAGR of 11.7%. The growth of this market can be attributed to the growing trend of ADAS-featured vehicles and the surge in the demand for electric vehicles.
According to primary and secondary analysis, North America is the largest market for automotive cameras while Asia Pacific is...
Automotive Camera Market Projected to Reach $13.9 Billion by 2028
The Automotive Camera Market is projected to grow from USD 8.0 billion in 2023 to USD 13.9 billion by 2028, at a CAGR of 11.7% during the forecast period. The cameras are used as advanced safety devices for enhancing the visibility of the surrounding environment to improve vehicle safety. The growing demand for Advanced Driver Assist Systems (ADAS) in developed and developing nations is attributed...
Automotive Camera Market to Observe Tremendous Growth in Near Future
The global automotive camera market is projected to reach USD 11.3 billion by 2026 from USD 6.8 billion in 2021, at a CAGR of 10.4% during the forecast period. The rising demand for semiautonomous and autonomous driving, focus on advanced safety systems, increasing adoption of driving assistance features, and increasing consumer disposable income will fuel the demand for automotive cameras. Moreover,...
Automotive Camera Market: Worldwide Industry Analysis and New Opportunities Explored
The report “Automotive Camera Market by Application (ADAS, Park Assist), View Type (Mono, Surround & Rear View), Technology (Thermal, Infrared & Digital), Level of Autonomy (L1, L2&3, L4, L5), Vehicle type & Class, Electric Vehicle & Region – Global Forecast to 2026” The global automotive camera market is projected to reach USD 11.3 billion by 2026 from USD 6.8...
Automotive Camera Market Projected to reach $11.3 billion by 2026
The Automotive Camera Market is projected to grow at a CAGR of 10.4% during the forecast period. It is estimated to be USD 6.8 billion in 2021 and is projected to reach USD 11.3 billion by 2026. The market growth is primarily driven by factors such as regulatory changes and increasing demand for active safety system. The emergence of newer safety technologies in the automotive industry and the growing...
COVID-19 impact on the automotive camera market
The Automotive Camera Market is projected to grow at a CAGR of 12.4% during the forecast period. It is estimated to be USD 6.8 billion in 2020 and is projected to reach USD 12.2 billion by 2025. The market growth is primarily driven by factors such as regulatory changes and increasing demand for active safety system.
COVID-19 impact on automotive camera market:
Major automotive camera providers...
Automotive Camera Market by Application, View Type, Technology and Region – Global Forecast to 2025
The Automotive Camera Market is projected to grow at a CAGR of 10.62% during the forecast period. It is estimated to be USD 7.5 billion in 2018 and is projected to reach USD 15.1 billion by 2025. The market growth is primarily driven by factors such as regulatory changes and increasing demand for the active safety system.
The emergence of newer safety technologies in the automotive industry and the...