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Overview

The introduction of advanced night vision camera module is one of the key driving factors impacting the growth of the automotive camera module market. The factors propelling the growth of the market are growing influence of new car assessment program (NCAP), increasing demand for luxury vehicles, and demand for safety measures. However, high cost of advanced driver assistance systems (ADAS) hinders the growth of the market. Supportive government policies and growing trend of installing ADAS in passenger cars create opportunities for growth. By product type, U.S automotive camera module market can be segmented into backup camera and black box camera. A backup camera (also called a reversing camera or rear-view camera) is a type of video camera that help to see objects directly behind you while backing car. It used specifically for the purpose of being attached to the rear of a vehicle to aid in backing up, and to alleviate the rear blind spot. Sometime view may not be clear if lens is obscured by snow, dirt or direct sunlight. Black Box Camera mounts to wind-shield or your truck or car. Capture Interior and Exterior video, Time, Date, Speed, G-force, GPS location and Interior Audio. Looped recording to a SD Card. The market of backup camera is rising in market of U.S region because it is very helpful for the young drivers, especially when they back a car. U.S automotive camera module market can be categorized into Sedan and SUV. Most of the sedans comes with latest technology tools. Sedans are cheaper than SUVs. This is biggest advantage of sedan. The well designed aerodynamic shape of car will give great performance and also more mileage than SUV. And most important sedan offers petrol variant while most of the SUV’s not. In SUV’s we get 4×4 means all the 4 tyres get power independently. Its high ground clearance, broad tires will help in driving on rough roads. Also SUV won't disappoint in terms of build quality. It gives its best in this segment. The most proportion of automotive camera module is used for Sedan due to its high consumption and demand in U.S region. By geographical wise, the North American region consists of the U.S., and Canada. Latin America region consists of Mexico and Brazil. The North American region is leading the market and holds the major stake in the aggregate income of


Automotive camera module. This is primarily observed due to growing demand of luxury vehicles joined with the increasing installation of ADAS in passenger cars and commercial vehicles in North America. The driver assistance cameras segment holds the major market share in the car backup camera market due to the large volume of luxury cars sales. These systems prevent traffic accidents and improve safety measures through active safety systems. Also, the Americas have high demand for due to increased adoption of new automation technologies. The prominent market players of automotive camera module in U.S region are LG Innotek, SEMCO, Sharp, Sunny Optical, Partron, ZF TRW, MCNEX, CAMMSYS, Powerlogic, BYD, Tung Thih, STMicroelectric and others. Partnerships, collaborations, mergers & acquisitions, joint ventures, and others are some of the strategies adopted by these market players to gain strong foothold in the market. Manufacturers of U.S also strengthened their product portfolio and increased presence by building customer relationships.

Major players in the Market are identified through secondary research and their Market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top manufacturers; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and Marketing executives. The percentage splits, Market shares, growth rate


and breakdowns of the product Markets are determined through using secondary sources and verified through the primary sources. Inquiry about report OR ask for Sample Report @ https://www.profsharemarketresearch.com/inquiry/automotive-camera-modulemarket-report-inquiry/ Automotive Camera Module Market: Product Type  Backup Camera  Black Box Camera Automotive Camera Module Market: Application  SUV  Sedan Automotive Camera Module Market: Competitive Analysis  LG Innotek  SEMCO  Sharp  Sunny Optical  Partron  ZF TRW  MCNEX  CAMMSYS  Powerlogic  BYD  Tung Thih  STMicroelectronics

Automotive Camera Module Market: Regional Analysis  North America  U.S.A  Canada


 Europe  France  Germany  Spain  UK  Rest of Europe  Asia Pacific  China  Japan  India  South East Asia  Latin America  Brazil  Middle East and Africa

Access Full Report @ https://www.profsharemarketresearch.com/automotive-camera-module-market/ Automotive Camera Module Market Report delivers comprehensive analysis of :  Market Forecast for 2019-27  Market growth drivers  Challenges and Opportunities  Emerging and Current market trends  Market player Capacity, Production, Revenue (Value)  Supply (Production), Consumption, Export, Import analysis  End user/application Analysis About Profshare Profshare Market Research is a full service market research company that delivers in depth market research globally. We operate within consumer and business to business markets offering both qualitative and quantitative research services. We work for private sector clients, along with public sector and voluntary


organisations. Profshare Market Research publishes high quality, in-depth market research studies, to help clients obtain granular level clarity on current business trends and expected future developments. We are committed to our client’s needs, providing custom solutions best fit for strategy development and implementation to extract tangible results. For more information, visit https://www.profsharemarketresearch.com/ OR Email us at sales@profsharemarketresearch.com Contact : Mia Cox Sales Manager miacox@profsharemarketresearch.com

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Automotive Camera Module Market is estimated to reach USD 66450.45 million by 2027, growing at a CAG  

Automotive Camera Module Market by Product Type (Backup Camera, Black Box Camera) by Application (SUV, Sedan) by Industry Analysis, Volume,...

Automotive Camera Module Market is estimated to reach USD 66450.45 million by 2027, growing at a CAG  

Automotive Camera Module Market by Product Type (Backup Camera, Black Box Camera) by Application (SUV, Sedan) by Industry Analysis, Volume,...

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