Global Vehicle Cameras Industry

Global Vehicle Cameras Industry

  • July 2020 •
  • 274 pages •
  • Report ID: 5800063 •
  • Format: PDF
Global Vehicle Cameras Market to Reach US$14.8 Billion by the Year 2027
Amid the COVID-19 crisis, the global market for Vehicle Cameras estimated at US$8 Billion in the year 2020, is projected to reach a revised size of US$14.8 Billion by 2027, growing at a CAGR of 9.2% over the period 2020-2027.Single View System, one of the segments analyzed in the report, is projected to grow at a 8.7% CAGR to reach US$8.8 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Multi-Camera System segment is readjusted to a revised 9.9% CAGR for the next 7-year period. This segment currently accounts for a 39% share of the global Vehicle Cameras market.

The U.S. Accounts for Over 27% of Global Market Size in 2020, While China is Forecast to Grow at a 12.1% CAGR for the Period of 2020-2027
The Vehicle Cameras market in the U.S. is estimated at US$2.2 Billion in the year 2020. The country currently accounts for a 27.04% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$3.1 Billion in the year 2027 trailing a CAGR of 12.1% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.3% and 7.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 7.1% CAGR while Rest of European market (as defined in the study) will reach US$3.1 Billion by the year 2027.We bring years of research experience to this 7th edition of our report. The 274-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

-Competitors identified in this market include, among others,
  • Ambarella, Inc.
  • Aptiv PLC
  • Autoliv, Inc.
  • Automation Engineering, Inc.
  • Clarion Co., Ltd.
  • Continental AG
  • Denso Corporation
  • Ficosa International SA
  • FLIR Systems, Inc.
  • Gentex Corporation
  • Hitachi Ltd.
  • Kyocera Corporation
  • Magna International, Inc.
  • Mobileye, An Intel company
  • OmniVision Technologies, Inc.
  • Robert Bosch GmbH
  • Samsung Electro-Mechanics
  • SMR Automotive Mirrors Stuttgart GmbH
  • STONKAM CO., LTD
  • Valeo SA
  • ZF Friedrichshafen AG