Automotive Camera Market is Anticipated To Reach USD 32280 Million By 2029, Witnessing A Cagr Of 28.5% | Valuates Reports
BANGALORE, India , Jan. 25, 2023 /PRNewswire/ -- Automotive camera Market is Segmented by Type - In-Vehicle Camera, Side View Camera, Rear View Camera, AVMS Camera, Driving Recorder, Others, by Application - OEMs, Aftermarket.
- BANGALORE, India , Jan. 25, 2023 /PRNewswire/ -- Automotive camera Market is Segmented by Type - In-Vehicle Camera, Side View Camera, Rear View Camera, AVMS Camera, Driving Recorder, Others, by Application - OEMs, Aftermarket.
- The global Automotive Camera market was valued at USD 5477.2 million in 2022 and is anticipated to reach USD 32280 million by 2029, witnessing a CAGR of 28.5% during the forecast period 2023-2029.
- Sales of automotive cameras are increasing globally due to rising consumer demand for vehicle safety and the adoption of more stringent vehicle safety regulations.
- Due to the high demand for the use of cameras in dangerous scenarios, such as reversing the car, the rear-view improvement camera category is predicted to dominate the worldwide automotive camera market.