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Automotive Camera Market Size
- Report ID: GMI3340
- Published Date: May 2019
- Report Format: PDF
Automotive Camera Market Size
Automotive Camera Market size surpassed USD 5.5 billion in 2018 and is poised to grow at a CAGR of over 19% between 2019 and 2025. The global industry shipments are expected to reach 300 million units by 2025.
The growing concerns regarding vehicle & passenger safety across the globe coupled with increasing technological advancements in camera-based driver assistant sensors are expected to drive the automotive camera market growth. The increasing sales of passenger vehicles owing to rise in consumer disposable income are further contributing to the industry growth.
Several government initiatives regarding passenger safety in economically advanced countries including the U.S. and Canada are surging the adoption of cameras in vehicles. The camera sensors are integrated with vehicles for various applications such as lane & side assist and maintaining a safe distance from other vehicles. Moreover, the increased consumer awareness about ADAS systems is supporting the demand for advanced safety features in passenger vehicles, influencing the market expansion.
| Report Attribute | Details |
|---|---|
| Base Year: | 2018 |
| Automotive Camera Market Size in 2018: | 5.5 Billion (USD) |
| Forecast Period: | 2019 to 2025 |
| Forecast Period 2019 to 2025 CAGR: | 19.5% |
| 2025 Value Projection: | 19 Billion (USD) |
| Historical Data for: | 2014 to 2018 |
| No. of Pages: | 250 |
| Tables, Charts & Figures: | 401 |
| Segments covered: | Type, Application, Vehicle Type and Region |
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Frequently Asked Questions (FAQ) :
Automotive Camera Market Scope
