Amid the COVID-19 crisis, the global market for Vehicle Cameras estimated at US$8 Billion in the year 2020, is projected to reach a revised size of US$14.8 Billion by 2027, growing at aCAGR of 9.2% over the period 2020-2027. Single View System, one of the segments analyzed in the report, is projected to record 8.7% CAGR and reach US$8.8 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Multi-Camera System segment is readjusted to a revised 9.9% CAGR for the next 7-year period.
The Vehicle Cameras market in the U.S. is estimated at US$2.2 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$3.1 Billion by the year 2027 trailing a CAGR of 12.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.3% and 7.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 7.1% CAGR.We bring years of research experience to this 7th edition of our report. The 274-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Segments Covered in the Report - Application (ADAS, Park Assist) Technology (Infrared Camera, Thermal Camera, Digital Camera) View Type (Single View System, Multi-Camera System)
Geographies Analyzed in the Report - World United States Canada Japan China Europe (France Germany Italy United Kingdom Spain Russia and Rest of Europe) Asia-Pacific (Australia India South Korea and Rest of Asia-Pacific) Latin America (Argentina Brazil Mexico and Rest of Latin America) Middle East (Iran Israel Saudi Arabia United Arab Emirates and Rest of Middle East) and Africa.
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