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Vehicle Camera Market Market Growth Factor with Regional Forecast, Market Size, Major Vendors, Industry Research and End User Analysis by 2028 | Pittasoft Co., Ltd., DCS Systems Ltd. (RoadHawk UK), Garmin International, Inc.

Global vehicle cameras are estimated to be worth US$2,671.4 million in value by the end of 2027.

Summary of the report – CMI’s latest report, Global “Vehicle Cameras Market” Research 2022, provides qualitative analysis of key emerging regions, including development trends, CAGR value, expected growth, restraints, and supply-demand environment of the best companies – Qrontech Co., Ltd. (Lukas), S. Will Industrial, Ltd., AIPTEK International, Inc., Hyundai MnSOFT, GoPro, Inc., Pittasoft Co., Ltd., DCS Systems Ltd. (RoadHawk UK), Garmin International, Inc., and Transcend Information, Inc..

  • Profiles of 5 industry leading companies – overview, key strategies, financials and products

  • Latest news and market developments

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Competitive Landscape:

The main players operating in the world Vehicle cameras market includes – Qrontech Co., Ltd. (Lukas), S. Will Industrial, Ltd., AIPTEK International, Inc., Hyundai MnSOFT, GoPro, Inc., Pittasoft Co., Ltd., DCS Systems Ltd. (RoadHawk UK), Garmin International, Inc., and Transcend Information, Inc..

Vehicle cameras are in-vehicle devices used to assist the driver in parking, maneuvering and assessing vehicle performance. These camera systems are widely used in private, rental and commercial vehicles, as well as law enforcement vehicles to provide constant video recording, which can be used as evidence in the event of an accident or activity. criminal. Vehicle cameras play a vital role in the latest applications, such as Blind Spot Warning (BSW), Forward Collision Warning System (FCWS) and Lane Departure Warning Systems ( LWDS). Thus, there is an increasing demand for vehicle cameras in the global automotive industry, which in turn is expected to increase the growth of the vehicle camera market.

Market dynamics:

Public safety remains a major concern around the world. Thus, many governments are focusing on reducing road accidents and crime to improve road/vehicle safety. Accordingly, government initiatives to promote the installation of vehicle cameras are driving the growth of the vehicle camera market. For example, in May 2021, the Cyberspace Administration of China (CAC) issued many provisions on automotive data security management to solicit public opinion. The draft provisions provide a series of strict data protection and cybersecurity rules for the automotive sector that will affect almost all players in the automotive industry chain.

However, the demand for vehicle cameras depends on the ease of installation, robustness, maintenance cost and installation cost. Thus, the market players are focusing on providing an extensive range of vehicle cameras to meet the growing consumer demands. In September 2020, Fujitsu launched the Fujitsu Future Mobility Accelerator Digital Twin Analyzer, an artificial intelligence (AI)-powered dash camera image analysis platform, providing a powerful new tool for service-providing companies. that rely on big data collected from connected cars. It is available in the North American, European and Asian markets.

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Regional Landscape -North America (United States, Canada)Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)Latin America (Brazil, Mexico, Others)The Middle East and Africa (Saudi Arabia, United Arab Emirates, Turkey, Egypt,   South Africa, Nigeria)

Market factors:

The growth of the vehicle camera market is also driven by the emergence of autonomous vehicles and connected cars, particularly in North America and Asia-Pacific. This in turn is expected to accelerate the growth of the market in the aforementioned regions. Vehicle cameras are available in different configurations, such as rear-view, front-facing, and dual-view cameras. Although these types of cameras are allowed in many countries, many European countries have banned the use of vehicle cameras, such as Sweden, Portugal, Austria, Switzerland and Germany. This in turn is expected to hamper the growth of the vehicle camera market in this region.

Market Scale and Segment Analysis:

Global Vehicle Camera Market, By Price:

    • Affordable
    • Midrange
    • Top of the line

Global Vehicle Camera Market, By End User:

    • Law enforcement and defense vehicles
    • Private vehicles
    • Transport vehicles
    • Others
Some of the important questions answered in this report include:

✅ Who are the top five players in the LTE market?

✅ What will the LTE market look like in the coming years?

✅ Which products and applications will dominate the LTE market?

✅ What are the drivers and restraints of the LTE market?

✅ Which regional market will represent the strongest growth?

✅ What will be the CAGR and market size of the LTE market during the forecast period?

✅ What is the current market size, what will it be in 2029, and what will the growth rate be?

✅ What are the constraints to market growth?

✅ What market opportunities and risks do key companies face?

✅ Who are the main competitors and what is their strategic approach?

✅ What are the market entry challenges for new players?
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Key feature of the study:

  1. This study examines the global Automotive Camera market in detail, including market size (Million USD) and compound annual growth rate (Percentage) for the projected period (2020-2027), using 2019 as year of reference.
  2. It shows the attractive investment supply matrix for this market and explains the potential income opportunities in different categories.
  3. This research also includes information on market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies employed by major companies.
  4. It compares and contrasts leading competitors in the global Vehicle Camera Market based on the following criteria: regulatory landscape, company overview, financial performance, product portfolio, geographic presence, distribution tactics, significant advances and strategies and future plans.

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