The global Vehicle Camera market garnered revenue around USD XX Billion in 2019 and projected to reach USD XX Billion in 2027, with at a compound annual growth rate of 10.5% throughout the estimate period from 2020 to 2027.
Vehicle camera refers to digitized device which is being used for recording real-time videos and capturing images both inside and outside the vehicle. The cameras are attached to windshield or dashboard of vehicle and are accessorized with features such as GPS, loop recording and G-sensors among others.
The major factors contributing to the growth of the market are the technological advancements in the cameras along with the reduction is prices at the same time, the introduction of various road safety regulations by the government of various countries and the benefits which can be availed in claiming insurance from the insurance companies. The vehicle cameras provide real time recording, which ensures that sufficient evidence are available to be produced in times of theft, accident and others.
This research report encompasses precise assessment of the market with the help of comprehensive qualitative insights and supportable prognoses regarding market size, consumption and production. The projections presented in the report have been derived using proven research methodologies and assumptions. It does so by means of comprehensive qualitative insights, historical statistics, and verifiable predictions about market revenue and sales.
The rapidly budding threat owed to the eruption of COVID-19 is impacting lives, communities, businesses, and industries across the globe. With businesses shuttered, flights grounded, COVID-19 is about to affect the global economy in different ways such as by directly upsetting production and demand, by generating supply chain disruption, and by its financial impact on firms and financial markets. Therefore, this report covers COVID-19 outbreak impact analysis on the Vehicle Camera market under the research study. The market estimates offered in the report are the outcome of in-depth extensive secondary research, primary interviews and in-house professional assessments. These market evaluations have been measured by reviewing the impact of numerous social, political and economic factors coupled with recent market dynamics affecting the Vehicle Camera market growth.
The global Vehicle Camera market is characterized by the presence of numerous small as well as medium scale companies. These players are largely focused towards forward integration via raw material production, product manufacturing, and distribution across various industry verticals. The report recognizes numerous crucial manufacturers of the market. This research study aids to comprehend the strategies and associations that companies are converging to survive in this competitive marketplace. This report assists in understanding footprints of the manufacturers with the help of their global revenue, production, capacity and average selling price analysis for period 2016-2027.
Major manufacturers analysed under this study comprises:
The prominent players in the Vehicle Camera Market include robert Bosch Gmbh (Germany), Delphi Automotive PLC (U.K.), and Autoliv Inc (Sweden), Valeo (France), and Continental AG (Germany),Qrontech Co. Ltd. (South Korea), GoPro Inc. (U.S.), Falcon Electronics LLC (Balkans), DCS Systems Ltd. (U.K.), Transcend Information Inc. (Taiwan), S.Will Industrial Ltd. (China) among others.
This report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region. This research report delivers the analysis and prognosis of revenue, production, price, market share and growth trend for different products such as:
Based on end use application, the vehicle camera market has been segmented as transportation vehicles, government and defense vehicles, private vehicles and others. Others comprises of applications such as fire rescue, healthcare and sports vehicles. Vehicle cameras are used in sports vehicles for monitoring athletes and car racers, tracking records and for broadcasting events. The vehicle cameras are also being used by the entertainment industry for activities such as creating advertisements and shooting of action sequence in movies.
Regional Analysis and Forecast
Further, this research study analyses market size, production, consumption and its advancement trends at global, regional, and country level for period 2016 to 2027 and covers following region in its scope: