Potential applications & Growth of Car Cameras Market in Automobile Industry

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NEW YORK, Feb. 13, 2018 (GLOBE NEWSWIRE) -- Global Car Cameras Market is expected to reach USD 14.68 billion by 2022 at a CAGR of 12.4 %.

Heavy demand of vehicle is prime driving factor for Global Car Cameras Market growth. Global sales of passenger cars are expected to reach 88.7 million by 2019. Increase in disposable income and population across the world are also important factors contributing for growth of Global Car Cameras Market. 

On the basis of technology used the single lens/single channel segment accounted for the largest revenue as well as volume share in the global car cameras market in 2016. Multi lens car camera segment is expected to see the fastest growth through the forecast period. Multi lens/dual channel car camera use two camera modules in which one camera is equipped outward to record incidents in front of the vehicle and another to record interior of the vehicle. These camera modules are also used for security applications when your vehicle is parked as it records video evidence of theft and hit and run accidents. These cameras are gaining more popularity among private and commercial vehicle owners. The mandatory regulation in the U.S. to install rearview camera in new cars and lightweight vehicles is increasing the demand for rearview car cameras. 

• Rear-view cameras • Side-view cameras • Forward-view cameras • Interior-view cameras

• Mono cameras • Stereo cameras • Infrared cameras

• Passenger Car (PC)

• Light Commercial Vehicle (LCV)

Report includes accurate analysis of key players with Market Value, Company profile, SWOT analysis. The Study constitutes of following key players in Global Car Cameras Market : • Delphi

• Continental

• Blackbox Guard

• BlackVue

• Garmin

• Papago

• Spy Tec

• Thinkware

• WickedHD

• Valeo

• Clarion

• Eken

• RoadHawk

• Transcend

• Old Shark


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Published By:

Globe Newswire: 20:45 GMT Tuesday 13th February 2018

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