Vehicle Cameras MarketSize and Trends

Global Vehicle Camera Market size was valued at US$ 6,954.6 Mn in 2022 and is projected to reach US$ 15,211.2 Mn by 2030, growing at a CAGR of 10.28 % from 2023 to 2030.

Report Coverage Details Base Year: 2022 Market Size in 2022: US$ 6,954.6 Mn Historical Data for: 2017 to 2021 Forecast Period: 2023 to 2030 Forecast Period 2023 to 2030 CAGR: 10.28% 2030 Value Projection: US$ 15,211.2 Mn

Global Vehicle Camera

Market- Trends:

Vehicle cars with superior features

Vehicle Camera manufacturers are focusing on delivery of different real-time features along with video recording in vehicle Camera. The latest vehicle Camera are equipped with G-sensors, Global Positioning System, and other features. G-sensors are used to measure the movement of vehicles in all three axes, named vertical, horizontal, and transverse. Vehicle Camera use G-sensors to detect sudden movement of vehicles, and automatically saves the footage. For instance in March 2020 BMW released the 330e and 330e xDrive plug-in hybrids. Its Advance Driver Assistance System incorporates active cruise control with stop and go, which automatically accelerates and slows to maintain the driver’s chosen pace. Active guard, frontal collision warning, city collision mitigation, and lane departure warning are all standard features. This helps to store the records of incidents such as vehicle collisions, intense braking, and swerving. It is also triggered by speed bumps, potholes, and other minor incidents.

Vehicle Camera with night vision

Vehicle Camera are designed to record various road incidents that can be used as evidence. However, most of the low-priced Camera are incapable of digital recording in poor light conditions. The Vehicle Camera with infrared sensors is a compact thermal imaging camera that helps in reducing the hazards of driving at night. For instance in September, 2020 – Lanmodo is manufacturer of car accessories. The company launched the Vast Pro night vision system to facilitate the car drivers while driving in the night. It even houses a dash camera to record videos and captures your whole traveling. These infrared-sensor-based Camera enable drivers to detect various hazards on the road, and thus, reduces the risk of casualty.

Vehicle Cameras Market Report Snapshots