Vehicle Cameras Market Research: latest trends, investment Opportunities and forecasts by 2025
Global Vehicle Cameras Market Research: latest trends, investment Opportunities and forecasts by 2025
According to a new report published by Reports Monitor titled, “Global Vehicle Cameras Market, Growth Opportunities, Innovations and Forecast, 2018-2025,” the Vehicle Cameras market was valued at XX million in 2018, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2018 to 2025.
Vehicle cameras connected automobiles capture videos and images of outside as well as inside the vehicle. They arrange actual time video record, which helps in collecting legal information during an accident, theft and others.
This market is confirm to be a great importance as witness in private and commercial sectors due to parking accidents, the expansion in number of road accidents and complication in declaring insurance for the same. On the other hand, advanced technologies and equipment such as top-down view cameras, dual lenses cameras, night vision cameras, 3D imaging, GPS and other are expected to provide further market opportunity to the vehicle camera market.
This report provides a detailed analysis of Vehicle Cameras, which includes current industry situations such as market size, growth and demands, market outlook, major players with their key strategies such as investment, mergers and acquisitions, value chain analysis and porter’s analysis. It covers the market canvas and the growth opportunities in the coming years. The report has been made with an in-depth analysis along with important inputs from the various industry experts. The research is carried out with both extensive primary and secondary data sources supported with either bottom up or top down approach.
The global vehicle cameras market is majorly segmented into price, technology, end user. Based on technology vehicle camera market is bifurcated into digital camera and thermal camera while, based on end user it is classified into private sector, commercial sector and government & defense sector. Further based on price vehicle cameras market is segmented into affordable (up to US$100), mid-range (US$100 to US$200), High-end (above US$200).
Based on the geographical regions covered, the market is analysed across: North America, Europe, Asia Pacific and LAMEA (Latin America, Middle East and Africa). Asia pacific is predict to grow by owing to the hike in number of road accidents in India, China, Thailand, Pakistan and others.The fast increase within the demand for vehicle cameras from Australia, China, South Korea, and Taiwan as a result of the expansion of the automotive sector as well as the rise within the income of consumers, is supplying this regional market considerably.
The major key players operating in the market are: Qrontech co. ltd., DCS systems ltd., AIPTEK international, GoPro, Garmin international, Inc., Transcend information, Pittasoft co. ltd., Hyundai MnSOFT, S.Will industrial ltd and PAPAGO Inc.