The Marketing Minute: Cracking the Code of Technical Marketing
Trouble in Your Tank: Implementing Direct Metallization in Advanced Substrate Packaging
Vehicle Camera Market Forecast to Reach $1.26B by 2020
June 11, 2015 | Transparency Market ResearchEstimated reading time: 1 minute
The wide range of advantages vehicle cameras offer for private as well commercial transportation has led to a significant rise in demand, according to a new Transparency Market Research. According to the market analyst, the value of the global vehicle cameras market is poised to rise from $595.3 million in 2013 to $1.26 billion in 2020, growing at a healthy CAGR of 11.3% from 2014 to 2020.
The global vehicle cameras market is primarily driven by encouragement from the government as well as insurance companies towards the installation of vehicle cameras. Increasing number of partnerships with automobile manufacturers to develop vehicle cameras with superior features such as night vision is likely to boost the market for vehicle cameras in the future. The research report segments the global vehicle cameras market on the basis of price, end-use application, and geography.
By price, vehicle cameras are categorized into high-end (above $200), mid-range ($100 to $200), and affordable (up to $100). Mid-range vehicle cameras are most commonly used and this segment dominates the overall vehicle cameras market in terms of revenue.
Mid-range vehicle cameras held a 41% share of the global market in 2013 owing to the availability of several superior features at a comparatively lower cost. These cameras also present high return on investment, making it a more popular choice among end users. Even though affordable vehicle cameras are the cheapest of the lot, they have minimum features and therefore witness low demand.
Vehicle cameras, by end-use application, can be segmented into private vehicles, government and defense vehicles, transportation vehicles, and others such as fire rescue, healthcare, and sports vehicles). Cameras for private vehicles generated the maximum revenue in 2013, accounting for a 35.2% share. This segment is likely to retain its lead over the coming years owing to rising adoption of vehicle cameras for private vehicles in Australia and the United States. Cameras for private vehicles have also been witnessing increased demand in countries such as the UK, Japan, Russia, and Taiwan.
Share on:
Testimonial
"We’re proud to call I-Connect007 a trusted partner. Their innovative approach and industry insight made our podcast collaboration a success by connecting us with the right audience and delivering real results."
Julia McCaffrey - NCAB GroupSuggested Items
LPKF Strengthens Structural Resilience: 'North Star' Initiative Aims to Secure Long-term Profitability
09/16/2025 | LPKFLPKF Laser & Electronics SE has launched the "North Star" initiative, a far-reaching package of measures designed to strengthen the company's long-term profitability.
The Marketing Minute: Cracking the Code of Technical Marketing
09/17/2025 | Brittany Martin -- Column: The Marketing MinuteMarketing is never a one-size-fits-all endeavor, but the challenges are magnified for highly technical industries like electronics. Products and processes are complex, audiences are diverse, and the stakes are high, especially when your customers are engineers, decision-makers, and global partners who depend on your expertise.
Beyond the Board: What Companies Need to Know Before Entering the MilAero PCB Market
09/16/2025 | Jesse Vaughan -- Column: Beyond the BoardThe MilAero electronics supply chain offers opportunities for manufacturers that are both prestigious and strategically important. Serving prime contractors and Tier-1 suppliers can mean long-term program stability and the satisfaction of contributing to national security. At the same time, this sector is unlike commercial electronics in almost every respect. Success requires more than technical capabilities, it requires patience, preparation, attention to detail, and a clear understanding of how the business model differs.
Global Interposer Market to Surge Nearly Fivefold by 2034
09/15/2025 | I-Connect007 Editorial TeamRevenue for the global interposer market is projected to climb from $471 million in 2025 to more than $2.3 billion by 2034, according to a new report from Business Research Insights. The growth represents a CAGR of nearly 20 percent over the forecast period.
Indium Promotes Huang to Senior Manager, Marketing Communications
08/28/2025 | Indium CorporationWith its commitment to innovation and growth through employee development, Indium Corporation announces the promotion of Jingya Huang to Senior Manager, Marketing Communications, to continue to lead the company’s branding and promotional efforts.