LAMEA Automotive Camera Market Analysis (2018-2024)
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The Latin America, Middle East and Africa Automotive Camera Market would witness market growth of 32.8% CAGR during the forecast period (2018-2024). Growing cases of road accidents, changing consumer preferences for better safety and stringent regulations concerning automotive safety have led to the adoption of automotive cameras in vehicles. Car insurance companies have significantly contributed to the rapid adoption of cameras in the automobiles.
Based on the Technology type, the Automotive Camera market is segmented into Digital Camera, Thermal Camera and Infrared Camera. Based on the Vehicle Type, the market is segmented into Passenger Vehicle, Light Commercial Vehicle and Heavy Commercial Vehicle. The Applications highlighted in this report include Adaptive Cruise Control System, Park Assist System, Blind Spot Detection, Driver Monitoring System, Autonomous Emergency Braking System, Lane Departure Warning System and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Aptiv Plc., Robert Bosch GmbH, Veoneer, Inc., Siemens AG, Magna International, Inc., Valeo S.A, Omnivision Technologies Inc., ZF Friedrichshafen AG (TRW Automotive), and Ambarella, Inc.