North America Automotive Camera Market Analysis (2018-2024)
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The North America Automotive Camera Market would witness market growth of 28.1% CAGR during the forecast period (2018-2024). North American is the dominant region, and would witness unparalleled growth due to growing demand of luxury vehicles in U.S., Canada, and Mexico. Additionally, increasing number of ADAS installations in commercial vehicles and passenger cars would further drive the market in the region. It is now a fact that all new cars sold in the US have backup cameras which are used to support drivers in avoiding accidents. The law was passed under a federal regulation that took effect from May 2018.
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 U.S., Mexico, Canada, and Rest of North America. 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.