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Vehicle Camera Market Report, Size, Share, Analysis 2017 and Forecast to 2023.

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According to Stratistics MRC, the Global Vehicle Camera market is expected to grow from $11.76 billion in 2016 to reach $25.69 billion by 2023 with a CAGR of 11.8%.

— Increasing number of road accidents worldwide, growing adoption of ADAS in modern automobiles and increasing focus of insurance companies on reducing costs due to accidents are some of the key factors driving the market growth. However, strict government regulations in countries concerned with public video recording is hampering the market growth. Deployment of advanced technologies and equipment is expected to create huge opportunities for the vehicle camera market.

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By end user, private vehicles segment dominated the market owing to adoption of vehicle cameras for safety and security of their vehicles, video recording in case of accidents and theft for legal processes among others. Geographically, North America holds for the largest market share in terms of revenue due to increasing adoption of advanced driver assistance systems (ADAS) in automobiles used for private and commercial purposes. In addition many companies are coming forward in offering schemes such as in-car camera incentive program and safety regulation by government encouraging the consumers for the installation of these cameras.

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Some of the key players in the Vehicle Camera market include Omnivision Technologies Inc., Continental AG, Robert Bosch GmbH, AEI Inc., Valeo Stonkam, Magna International Inc, Delphi Automotive PLC, Mobileye, Autoliv Inc., Transcend Information, Inc., Qrontech Co. Ltd., S.Will Industrial Ltd., GoPro and DCS Systems Ltd.

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Product Types Covered:
• Camera Module
• Camera

Technologies Covered:
• Thermal Camera
• Digital Camera
• Infrared Camera

Prices Covered:
• High-End (above US$ 200)
• Affordable (up to US$ 100)
• Mid-Range (US$ 100 to US$ 200)

End Users Covered:
• Transportation Vehicles
• Government & Defense Vehicles
• Private Vehicles
• Commercial Vehicles
• Other Vehicles

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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About Stratistics MRC
We offer wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services and Full Time Equivalent (FTE) services in the research world. We explore the market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.

Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.

Contact Info:
Name: James Lamb
Email: Send Email
Organization: Stratistics Market Research Consulting Pvt Ltd

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Source: MarketersMedia

Release ID: 285135

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