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Automotive Camera Market to Reach US$ 24.98 Bn by 2031, Finds TMR Study
Camera-based applications have proliferated in passenger vehicles, observed the analysts of TMR in an in-depth study, and will propel revenue growth for players in the automotive camera market. Thermal cameras are gathering traction among OEMs and vehicle manufacturers to advance autonomous driving features. Advancements in computer vision technologies have expanded the canvas for companies in the automotive camera market.
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Asia Pacific held a major share of the global automotive camera market in 2020. The regional market has been generating steady revenues streams from the growing sales of vehicles equipped with ADAS features. Moreover, increased focus on safer driving experience pivots massive customer propositions for camera developers. Expansion of automobile production units in the emerging economies has catalyzed the revenue growth of the Asia Pacific automotive camera market.
Prominent players in the automotive camera market are Valeo SA, Robert Bosch GmbH, Magna International Inc., Gentex Corporation, Ficosa International SA, DENSO Corporation, Continental AG, Aptiv, and Continental AG.
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Automotive LiDAR Market - The global automotive LiDAR market is expected to exceed the value of US$ 3 Bn by the end of 2031, expand at a CAGR of 19.50% from 2021 to 2031
Advanced Driver Assistance System Market - The global advanced driver assistance systems market is expected to surpass the value of US$ 80.93 Bn by the end of 2031, expand at a CAGR of 11.80% from 2021 to 2031
Automotive Display System Market Automotive Display System Market is expected to cross value of US$ 29.7 Bn by the end of 2031, expand at a CAGR of 7.5% from 2022 to 2031.
Automotive Blind Spot Detection Market Automotive Blind Spot Detection Market is expected to cross value of US$ 16.59 Bn by the end of 2031, predicted to clock a striking CAGR of 13% during the forecast period.
Automotive OEM Key Market AUTOMOTIVE OEM KEY MARKET is estimated to reach the valuation of US$ 280 Mn by the end of 2030, expand at a CAGR of 2% during the forecast period.
Transparency Market Research is a global market research reports company providing business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
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Rohit Bhisey
Transparency Market Research Inc.
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