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Automotive Cameras Market

Automotive Cameras Market

Global Automotive Cameras Market is expected to reach $33 billion by 2024; growing at a CAGR of 17.5% from 2016 to 2024. Automotive cameras are image sensing cameras installed inside and outside the vehicle for safety purposes.

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Automotive Camera Market

Automotive Camera Market

Automotive Camera Market was valued at $11,401.6 million in 2017, and is projected to reach $24,092.1 million by 2025, growing at a CAGR of 9.70% from 2018 to 2025. The market is segmented by Application, Technology and Vehicle Type and Key Players.

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Automotive Camera Market Outlook 2018 to 2026

Automotive Camera Market Outlook 2018 to 2026

The maximum share of the market for automotive cameras is currently credited to passenger vehicles. High production, increased registration of passenger cars, and less operational complexity as compared to commercial vehicles are some of the important factors which have facilitated the technologically adoption on these vehicles. A constant increase in population, growing urbanization, and rising disposable income have significantly contributed to the demand for passenger cars in the recent past. The U.S. Census Bureau has estimated that the world population is expected to reach to XX billion by 2024.

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Automotive Camera Lens Market Share, Industry Size and Forecast Analysis, 2018 - 2023

Automotive Camera Lens Market Share, Industry Size and Forecast Analysis, 2018 - 2023

Global Automotive Camera Lens Market is estimated to develop at a substantial CAGR of 18.8% for the duration of the prediction. By way of the fast track development of the international market of Advanced Driver Assistance System (ADAS) the demand for automotive cameras soared drastically by way of the market scope, increasing at a positive CAGR for the duration of study.u00a0

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