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North America Automotive Camera Market Revenue to Surpass USD 5 Billion by 2025

Author : Ronak Bora | Published Date : 2020-09-21 

The research report on North America Automotive Camera Market provides a comprehensive understanding of the overall market with substantial details including its position in the global economy and its applications across myriad end-users segments. According to the given report, the North America automotive camera industry revenue to record a remuneration of USD 5 billion by 2025. Moreover, the study also incorporates information on the current market scenario, developing technologies, widespread competitive landscape, market tactics, future prospects, and vivid market segmentations.


Request for a sample of this report @ https://www.graphicalresearch.com/request/1197/sample

The report also summarizes various factors that are likely to drive the growth of this industry over the foreseeable period, in line with offering details of the ongoing trends that the given industry is characterized by. As per the given report, the North American automotive camera market is fragmented on the basis of type, vehicle type, application, regions, and competitive landscape.

The demand for ADAS in passenger and commercial vehicles has witnessed significant growth due to increased passenger safety and comfort initiatives. These components are used in several systems, such as adaptive cruise control, collision avoidance system, driver monitoring system, etc., to provide advanced assistance & safety to passengers. Several players in the market are providing a wide range of products to cater to the demand from the automotive sector. For instance, in January 2018, DENSO Corporation developed a new standard vision sensor that detects pedestrians, cyclists, driving lanes, etc. and has enhanced the night vision capabilities.

Based on the geographical landscape, the industry has been diversified into various regions including U.S., Canada. The market study includes minute details on growth driving factors, trending growth opportunities, respective growth rates, technologies being used, favorable and unfavorable regulatory reforms, and individual market shares.

The increasing installation of driver assistance, vehicle safety, and parking assist systems in newly developed automobiles is supporting the market expansion. Major industry players are investing heavily in driverless technology and developing safety features in passenger & commercial vehicles. In recent years, companies such as FCA US, Ford, and General Motors have announced the investment of USD 59.2 billion in their US assembly plants, R&D labs, headquarters, administrative offices, and other facilities. These investments and technological developments are supporting the integration of safety features into vehicles, promoting industry growth.

The automotive camera market in North America is highly concentrated and boasts robust presence of myriad companies including Aptiv PLC, Clarion, Continental AG, DENSO Corporation, Magna International, Mobileye, OmniVision Technologies Inc., etc. The document incorporates details on the sales graph of reach of each of the enlisted firm, their market strategies to sustain their position in the overall market, individual company profiles and market share and size, and their stance in the worldwide industry landscape.

[TOC Chapters]

 

Chapter 4. North America Automotive Camera Market Size, by type, 2013 – 2024

 

  • Mono
  • Stereo
  • Trifocal

 

Chapter 5. North America Automotive Camera Market Share, by application, 2013 – 2024

 

  • ADAS
    • Lane Departure Systems
    • Emergency Braking Systems
    • Forward Collision Warning
    • Others
  • Parking assist

Browse key industry insights along with Full TOC @ https://www.graphicalresearch.com/table-of-content/1197/north-america-automotive-camera-market

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Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.

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About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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