|By PR Newswire||
|April 10, 2014 06:08 AM EDT||
DUBLIN, Apr.10, 2014 /PRNewswire/ --Research and Markets (http://www.researchandmarkets.com/research/95mpgf/global_automotive) has announced the addition of the "Global Automotive Camera Market Report" report to their offering.
The analysts forecast the Global Automotive Camera market to grow at a CAGR of 34.55 percent over the period 2012-2016. One of the key factors contributing to this market growth is the Global Automotive Safety Systems market. The Global Automotive Camera market has also been witnessing the increasing adoption of camera-based advanced driver assistance systems. However, the high cost of automotive camera-based systems could pose a challenge to the growth of this market.
The report, Global Automotive Camera Market Report, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Automotive Camera market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Increasing adoption of camera-based advanced driver assistance systems is one of the major trends which is expected to propel the growth of the Global Automotive Camera market. Camera-based advanced driver assistance systems such as park/reverse advanced driver assistance systems are expected to grow rapidly during the forecast period.
Furthermore, the Global Advanced Driver Assistance Systems market was valued at US$5.8 billion in 2012 and it is expected to reach US$13.1 billion by 2016, growing at a CAGR of 22.59 percent. This is expected to boost the demand for cameras in automobiles, leading to the growth of the Global Automotive Camera market.
According to the report, one of the main drivers in this market is the growth of the Global Automotive Safety Systems market. The increasing demand for safety systems used in automobiles has a direct positive influence on the demand for advanced automotive systems, resulting in increasing demand for automotive cameras.
Further, the report states that one of the main challenges in this market is the high cost of automotive camera-based systems. The expensive nature of these systems limits its use to niche vehicles, thus inhibiting the growth of the Global Automotive Camera market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key Topics Covered:
1. Executive Summary
2. Scope of the Report
3. Market Research Methodology
4. List of Abbreviations
6. Market Landscape
7. Market Segmentation by Application
8. Global Automotive View Camera Market
9. Global Automotive Sensing Camera Market
10. Geographical Segmentation
11. Buying Criteria
12. Market Growth Drivers
13. Drivers and their Impact
14. Market Challenges
15. Impact of Drivers and Challenges
16. Market Trends
17. Trends and their Impact
18. Vendor Landscape
19. Key Vendor Analysis
20. Other Reports in this Series
- Continental AG
- Delphi Automotive plc
- Denso Corp.
- Robert Bosch GmbH.
- Aisin Group
- Audiovox Corp.
- Hella KGaA Hueck & Co.
- TRW Inc.
- Valeo SA.
For more information visit http://www.researchandmarkets.com/research/95mpgf/global_automotive
Media Contact: Laura Wood , +353-1-481-1716, [email protected]