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Automotive Camera & Camera Module Market - Global Forecast to 2020 - U.S. Key Contributor to Market GrowthDUBLIN, November 25, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/4zxslh/automotive_camera) has announced the addition of the "Automotive Camera & Camera Module Market - Global Forecast to 2020" report to their offering. (Logo: http://photos.prnewswire.com/prnh/20130307/600769) The automotive camera & camera module market in North America is projected to grow at the highest CAGR, by value, of 12.2% & 13.1% respectively from 2015 to 2020. This is mainly attributed to the growing influence of New Car Assessment Program with the increasing installation of ADAS in passenger cars and light commercial vehicles in the North American region. The region is also estimated to account for the largest market share, in terms of value, in 2015, with the U.S. being a key contributor to the growth of the automotive camera & camera module market. The global automotive camera market is projected to grow at a CAGR of 11% from USD 10.1 Billin in 2015 to USD 17 Billion by 2020. Whereas, the global automotive camera module market is projected to grow at a CAGR of 11.8% from USD 3.8 Billion in 2015 to USD 6.6 Billion by 2020. The automotive camera & camera module market is segmented on the basis of application type into LDW, ACC, BSD, NVS, DMS, PAS, PDS, and RSR. A vast majority of vehicles are equipped park assist system; therefore, this segment is estimated to account for the largest market share. However, the lane departure warning segment is projected to grow at the highest CAGR, by value, of 15.4% from 2015 to 2020. By Application Type:
By Vehicle Type:
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By Off-Highway Vehicle Type
By Region
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For more information visit http://www.researchandmarkets.com/research/4zxslh/automotive_camera
Media Contact: SOURCE Research and Markets |