Skip to main content

Vehicle Cameras Market: Granular View of The Market from Various End-Use Segments

A research study on the global vehicle cameras market has been recently published by Transparency Market Research (TMR), a market intelligence and research firm. The report, titled “Vehicle Cameras Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020”, estimates the market to expand at a CAGR of 11.30% during the period from 2014 to 2020 and reach US$1.2 bn by the end of the forecast period. The report further states that the worldwide vehicle cameras market stood at close to US$0.6 bn in 2013.

According to the research report, North America, Asia Pacific, Latin America, and the Middle East and Africa are the key regional markets for vehicle cameras. Among these, Europe holds the leading share in the global market. In 2013, it has accounted for a share of 44% in the global market. The rising usage of cameras in automobiles in the U.K. and Russia is considered as the main driver for the vehicle cameras market in Europe. Analysts project this regional market to retain its position over the forecast period.

The Asia Pacific market for vehicle cameras is also experiencing an impressive rise in its market share. The rapid increase in the demand for vehicle cameras from Australia, China, South Korea, and Taiwan, owing to the growth of the automotive sector as well as the rise in the disposable income of consumers, is fueling this regional market significantly. The vehicle cameras market in Asia Pacific is likely to report the fastest growth, at a CAGR of 12.0% during the forecast period, notes the research study.

Obtain brochure for latest advancement and technology https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=4154

The global market for vehicle cameras has been analyzed on the basis of product prices and end-use applications in this market study. Based on price, affordable cameras (less than US$100), mid-range cameras (US$100-US$200), and high-end cameras (more than US$200) are the major segments of the global vehicle cameras market.

The mid-range vehicle cameras segment leads the overall market on account of its popularity among consumers. In 2013, this market segment held a share of 41% in the global vehicle cameras market. The presence of state-of-the-art features at a relatively lower price has been the main driver of this market segment.Though affordable vehicle cameras are available at the most economical rates, the lack of advanced features has limited the demand for them, the report states.

On the basis of end-use application, the market report classifies the global market for vehicle cameras into the markets for private vehicles, transportation vehicles, government and defense vehicles, and other vehicles used in healthcare, fire rescue, and sports. Private vehicles have emerged as the biggest end user of vehicle cameras. The market segment accounted for a share of 35.2% in the overall revenue generated in the global market in 2013.

Request For Custom Research https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=4154

Qrontech Co., Ltd., GoPro Inc., AIPTEK International Inc., DCS Systems Ltd., Garmin International Inc., Transcend Information Inc., Pittasoft Co. Ltd., S.Will Industrial Ltd., and Hyundai MnSoft are the key manufacturers of vehicle cameras across the world, states the market report.

The global vehicle cameras market Is segmented into:

By Price:

  • Affordable (upto US$ 100)

  • Mid-range (US$ 100 to US$ 200)

  • High-end (above US$ 200)

By End-use Application:

  • Government and Defense Vehicles

  • Private Vehicles

  • Transportation Vehicles

  • Others (Healthcare, Fire Rescue and Sports Vehicles)

By Region:

  • North America

  • Europe

  • Asia Pacific

  • Latin America

  • Middle East and Africa (MEA)



Labels:

Comments

Post a Comment

Popular posts from this blog

Lipid Profile Market: Information, Figures And Analytical Insights 2027 | Abbott., Akers Biosciences, Inc., Beckman Coulter

Emerging product trends, major drivers, challenges and opportunities in the market are identified and analysed apparently while generating this credible  Lipid Profile Market  analysis report. It helps customers or other market participants to be aware of the problems they may face while operating in the Lipid Profile industry over a longer period of time. The market data is analysed and forecasted using well established market statistical and coherent models. The global Lipid Profile business report is generated based on the market type, size of the organization, availability on-premises, the end-users’ organization type, and the availability in areas such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. The scope of this Lipid Profile Market report extends from market scenarios to comparative pricing between major players, cost and profit of the specified market regions. The data collected to structur...
Post a Comment
Read more

Cryptocurrency Market: Opportunity Analysis and Industry Forecast Up To 2025

  The growing popularity of digital currency has played an integral role in driving sales across the global  cryptocurrency market.  The use of digital ledgers and blockchain technology across the financial space has emerged as an important dynamic of market growth. Moreover, investments in various forms of cryptocurrency have led to market growth and maturity. Several industry analysts consider cryptocurrency as a lucrative digital currency that could revolutionize the area of transactions. The availability of digital ledgers floating across the cryptocurrency ecosystem has helped in reconciling the use of this currency. Considering the factors stated above, it is legit to believe that the global cryptocurrency market would gain momentum in the times of follow. Transparency Market Research (TMR), in it report, predicts that the global cryptocurrency market would grow at a boisterous CAGR of 31.30% over the period between 2017 and 2025. The total value of the glo...
Post a Comment
Read more

Agricultural Sprayers Market To 2027 Market Development, Overview and Forecast | Deere & Company, CNH Industrial, Exel Industries

This large scale Agricultural Sprayers Market research report involves six major parameters namely market analysis, market definition, market segmentation, key developments in the market, competitive analysis, and research methodology. The report identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the market. Agricultural Sprayers Market report helps uncover the general market conditions and tendencies. Clients accomplish unparalleled insights and acquaintance of the best market opportunities into their respective markets from this market report. The Agricultural Sprayers Market document assist businesses with the intelligent decision making and better manage marketing of goods which ultimately leads to growth in the business. Request an analyst call or drop down an enquiry to get thorough Agricultural Sprayers Market report. Different markets, marketing strategies, trends, future products and emerging opportunities are taken...
Post a Comment
Read more