U.S Automotive Camera Market Report
January 22, 2016 | Business WireEstimated reading time: 1 minute
Research and Markets has announced the addition of the "U.S Automotive Camera Market - Growth, Trends and Forecasts (2015 - 2020)" report to their offering.
The US Automotive Camera market is expected to grow at a CAGR of 23.25% during the forecast period.
The USA is expected to witness the highest share in the automotive camera market in North America. In terms of growth, the automotive camera market in this country would witness the highest growth rate, during the forecast period.
Increasing demand for luxury cars in the country followed by the demand and increase in installation of safety and driver assistance systems in the light of the regulatory standards of NHTSA, and CAFÉ are expected to drive the automotive camera market in the country. The market would be driven by the significant demand of park assist systems and other advanced driver assistance systems.
The automotive camera market in US, in terms of volume, is projected to grow at the highest CAGR during the forecast period in North America, and the country is popularly known to be an automotive hub for the international OEMs. The growing production volume of light commercial vehicles and the growing influence of New Car Assessment Program (NCAP) mandate, would drive the demand for automotive camera market in the country.
Suggested Items
IDTechEx Report on Quantum Technology: Nano-scale Physics for Massive Market Impact
04/30/2024 | PRNewswireThe quantum technology market leverages nano-scale physics to create revolutionary new devices for computing, sensing, and communications. Across the industry, quantum technology offers a paradigm shift in performance compared with incumbent solutions.
Guerrilla RF Completes Strategic Acquisition of GaN Device Portfolio from Gallium Semiconductor
04/29/2024 | BUSINESS WIREGuerrilla RF, Inc. has finalized the acquisition of Gallium Semiconductor's entire portfolio of GaN power amplifiers and front-end modules. Effective April 26th, 2024, GUER acquired all previously released components as well as new cores under development at Gallium Semiconductor.
Amphenol Reports Q1 2024 Results, Announces New Stock Repurchase Program
04/26/2024 | BUSINESS WIREAmphenol Corporation reported first quarter 2024 results. In addition, the Company is announcing a new three-year, $2 billion stock repurchase program.
Chinese Smartphone Market Maintains its Recovery Momentum at 6.5% Growth in 1Q24,
04/26/2024 | IDCAccording to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker, China smartphone shipments grew 6.5% year over year (YoY) to 69.3 million units in 1Q24.
Nanotechnology Market to Surpass $53.51 Billion by 2031
04/25/2024 | PRNewswireSkyQuest projects that the nanotechnology market will attain a value of USD 53.51 billion by 2031, with a CAGR of 36.4% over the forecast period (2024-2031).