Market Insight: Automotive Camera Market to Reach $7.5 Billion by 2023

Lucintel has announced the launch of a market research report entitled “Growth Opportunities in the Global Automotive Camera Industry.”

This market report for automotive camera identifies and predicts future opportunities for growth in the global automotive camera industry for various segments and for the various regions of North America, Europe, Asia Pacific, and the Rest of the World. It also identifies growth opportunities for automotive camera in compact cars, large cars, and light commercial vehicles.

According to our market report, the global automotive camera market is expected to reach an estimated $7.5 billion by 2023 with a CAGR of 24.3% from 2018 to 2023. Some of the dominant players in the global automotive camera market are Robert Bosch, Continental AG, Centex, Magna, Valeo, and Panasonic.

In the automotive camera market, compact cars, large cars, and light commercial vehicles are some of the major segments. On the basis of its comprehensive research, Lucintel forecasts that digital camera and thermal camera are expected to show above average growth during the forecast period from 2018 to 2023.

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