October 13, 2022 12:30 ET | Source: Straits Research Straits Research

New York, United States, Oct. 13, 2022 (GLOBE NEWSWIRE) -- The global vehicle camera market is witnessing a surge due to the rapid rise in the customer demand for autonomous vehicles. Additionally, the proliferation of the demand for advanced safety features in luxurious cars and favorable government programs in the automotive industry has propelled the market's growth. However, the high cost of incorporating multi-camera solutions has restrained the development of the market.

As a result of the pandemic, many countries went into temporary lockdown, which had an adverse effect on the economy as a whole. The automobile sector, which relies heavily on manual labour performed in the outdoors, has been insulated from the factors that have led to a dramatic decline in vehicle purchases. In addition, market expansion was limited by supply chain instability, which manifested primarily as a result of closed national and international borders and the persistence of a decision not to employ items manufactured in China. Growth in the market may be aided in the coming years by the significant uptick in sales of the automotive vehicle, which has been seen to limit the use of public and busy locations.

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North America dominates the market because of favorable government regulations, deployment of the latest technology, and the surge in the collision rates. The Asia-Pacific to exhibit the fastest growth in the market due to the presence of major key players, increasing adoption of latest technologies, and availability of cost-effective labor.

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3.2       Value Chain Analysis: Vehicle Camera Market

3.4       Porter’s Five Forces Analysis

4.1.1   Market Size & Forecast, 2020-2030, (USD Million)

4.2.1   Market Size & Forecast, 2020-2030, (USD Million)

4.2.2.1            Market Size & Forecast, 2020-2030, (USD Million)

4.2.3.1            Market Size & Forecast, 2020-2030, (USD Million)

4.2.4.1            Market Size & Forecast, 2020-2030, (USD Million)

4.2.5.1            Market Size & Forecast, 2020-2030, (USD Million)

4.3.1   Market Size & Forecast, 2020-2030, (USD Million)

4.3.2.1            Market Size & Forecast, 2020-2030, (USD Million)

4.3.3.1            Market Size & Forecast, 2020-2030, (USD Million)

5.1.1   Market Size & Forecast, 2020-2030, (USD Million)

5.2.1   Market Size & Forecast, 2020-2030, (USD Million)

5.3.1   Market Size & Forecast, 2020-2030, (USD Million)

5.4.1   Market Size & Forecast, 2020-2030, (USD Million)

6.1.1   Market Size & Forecast, 2020-2030, (USD Million)

6.2.1   Market Size & Forecast, 2020-2030, (USD Million)

6.3.1   Market Size & Forecast, 2020-2030, (USD Million)

6.4.1   Market Size & Forecast, 2020-2030, (USD Million)

6.5.1   Market Size & Forecast, 2020-2030, (USD Million)

6.5.1   Market Size & Forecast, 2020-2030, (USD Million)

7.1.1   Market Size & Forecast, 2020-2030, (USD Million)

7.2.1   Market Size & Forecast, 2020-2030, (USD Million)

7.3.1   Market Size & Forecast, 2020-2030, (USD Million)

7.4.1   Market Size & Forecast, 2020-2030, (USD Million)

7.5      The Middle East and Africa (MEA)

7.5.1   Market Size & Forecast, 2020-2030, (USD Million)

7.6.1   Market Size & Forecast, 2020-2030, (USD Million)

8.6      Tung Thih Electronic Co., Ltd.

Table of Content and Figure @ https://straitsresearch.com/report/vehicle-camera-market/toc

On 17th February 2019, Samsung Electro Mechanic continued its contract with Tesla by finalizing the deal of supplying self-propelled camera modules to Tesla. The deal aims at strategically growing the business and the geographical presence.

On 30th April 2017, Smart Drive announced an addition to the Video-Safety First with 360-Degree Triggering. The product aims at providing an enhanced video outlook thereby strengthening the product portfolio.

Increasing Exports to Fuel the Automotive Camera Market During the Forecast Period, 2019–2026.

Video Surveillance Market to Take a Leap With IP Surveillance Cameras During the Forecast Period – 2026

Have a Look at the Related Research Report                      

Automotive Camera Market: Information by Application (Park Assist System, Driver Monitoring System), Technology (Thermal Camera, Digital Camera), Vehicle Type, and Region — Forecast till 2030

3D Camera Market: Information by Application (Still Photography, Video Recording), Technology (Stereo Vision, Time of Flight), and Region — Forecast till 2030

ADAS and Autonomous Driving Component Market: Information by Vehicle Type (Passenger Car, Light Commercial Vehicle), Component (Camera Unit, LiDAR), and Region — Forecast till 2030

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