Global Automotive Rear-View Camera Market 2018-2022

Global Automotive Rear-View Camera Market 2018-2022

About Automotive Rear-View Camera

Automotive rear-view cameras or reversing cameras are attached to the rear end of vehicles to alleviate the rear blind spot and aid in reversing the vehicles.

Technavio’s analysts forecast the Global Automotive Rear-View Camera Market 2018-2022 to grow at a CAGR of 11.32% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the automotive rear-view camera. To calculate the market size, the report considers the high growth volume due to end-users such as OEMs and aftermarket.

The market is divided into the following segments based on geography:

• Americas
• APAC
• EMEA

Technavio's report, Global Automotive Rear-View Camera Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

• Bosch
• Continental
• Delphi*
• DENSO
• Magna International
• Valeo

Market driver

• Growing focus on reducing fatalities while reversing
• For a full, detailed list, view our report

Market challenge

• High price of rear-view cameras
• For a full, detailed list, view our report

Market trend

• Increased use of wide-angle camera technology
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2022 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Press Release

Technavio Announces the Publication of its Research Report – Global Automotive Rear-view Camera Market 2018-2022

Technavio recognizes the following companies as the key players in the automotive rear-view camera: Bosch, Continental, Delphi*, DENSO, Magna International, and Valeo.

Commenting on the report, an analyst from Technavio’s team said: “The increased use of wide-angle camera technology will be a major trend gaining momentum in this market. The growing number of vehicles have resulted in increased traffic congestion and road accidents. Therefore, the safety of occupants has also become a primary concern. OEMs all over the world are providing advanced safety features with their vehicle offerings due to the enforcement of stringent regulations regarding vehicle safety.”

According to the report, the growing focus on reducing fatalities while reversing will be a major factor drive the market’s growth. The growing number of fatalities while reversing has been a major reason for the adoption of automotive rear-view cameras. Rear-view camera assists in low-speed vehicle maneuvers such as parking or slow curbside driving.

Further, the report states that the high price of rear-view cameras will be one of the key challenges of the market. Rear-view camera is a safety feature, which provides drivers with more precise and safer driving experience while reversing the vehicles. Consumers may be reluctant to equip the rear-view camera due to the high cost associated with it, which is negatively affecting the growth of the market.

Companies Mentioned

Bosch

Continental

Delphi*

DENSO

Magna International

Valeo