Vehicle Cameras Market: Present Scenario and the Growth Prospects with Forecast 2020

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.

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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.

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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.

Aerospace Window Frame Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast

Aerospace window frames are used in the cockpit windshields and passenger cabin windows to provide rigidity to the windows. Metal window frame is used widely in aircrafts. Increase demand of cockpit windshield frame in different countries such as India, Brazil and China among others is the one of the major factor boosting the market for aerospace window frame during the forecast period of 2017 – 2025. Based on aircraft type, the global aerospace window frame market is segmented into wide body aircraft, narrow body aircraft, very large aircraft, general aviation and regional aircraft. Among various aircraft types, in 2016, the wide body aircraft segment is estimated to be the major market followed by very large aircraft and expected to be the same during the forecast period of 2017 – 2025. Increasing regional and commercial aircraft deliveries is expected to be one of the major factor fueling the regional aircraft segment in global aerospace window frame market during the fo...

Low Power Display Market: Projection of Each Major Segment over the Forecast Period 2017 - 2025

Low power display technology is treated separately from our modern world. High resolution displays with low power are considered by many consumers to represent the low power display technology. The development in optoelectronics and nanotechnology has changed the low power display market . The low power display market consumes of less power than plasma technologies and cathode ray tube (CRT). Low-power features have become essential for liquid crystal displays (LCDs) due to environmental concerns. The technology that saves energy by decreasing the power consumption of the backlight unit in a display panel is considered in in low power display technology. A low refresh-rate technology was introduced in order to further minimize power consumption in the display panel. The low refresh-rate was achieved by employing oxide thin-film transistors (Ox-TFTs) with extremely low leakage currents. However, flicker may be visible due to the current leakage through the liqu...

Light Weapons Market: Key Players and Production Information analysis with Forecast 2025

Light weapons are weapons which are used by two or three persons serving as a crew, although some of them may be carried and used by a single person. Light weapons are basically used by militaries around the world and its applications have increased widely among armed groups. They include, inter alia, heavy machine guns, hand-held under-barrel and mounted grenade launchers, portable anti-aircraft guns, portable anti-tank guns, recoilless rifles, portable launchers of anti-tank missile and rocket systems, portable launchers of anti-aircraft missile systems as well as mortars of a caliber of less than 100 millimeters. The latest generation of light weapons is more destructive, more portable, and generally more competent than older systems, raising concerns about their uncontrolled generation. Light weapons are represented by their durability, cost effectiveness, accessibility and utility. In terms of military and non-military demand, such criteria perfectly match the needs of those who...

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