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The future of the automotive camera market in Canada looks promising with opportunities in the markets of compact cars, large cars, and light commercial vehicles. The major drivers for this market are growing demand for advanced driver assistance systems in cars with increasing focus on connected vehicle features, and mandatory government regulations to have a rearview backup camera installed in every vehicle in North America and Europe. The National Highway Transportation Safety Administration (NHTSA) has made it mandatory for all vehicles to install a backup camera system by 2019 due to increase in the number of accidents and injuries in the United States.
Emerging trends, which have a direct impact on the dynamics of the automotive camera by industry, include the introduction of recognition camera technology that results in mirrorless cars and the increased usage of wide angle camera technology.
A total of 25 figures / charts and 12 tables are provided in this 60-page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of this automotive camera market in Canada report download the report brochure.
Automotive Camera Market in Canada by Segment:
2014-2025 (US $M) (Randomized Data)
Trends and Forecasts for Automotive Camera Market in Canada:
2014-2025 (US $M) (Randomized Data)
The study includes the market size and forecast for the automotive camera market in Canada by technology, vehicle, and application as follows:
Automotive Camera Market by Technology ($ Million and Million Units from 2014 to 2025)
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Digital Camera
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Thermal Camera
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Infrared Camera
Automotive Camera Market by Vehicle Type ($ Million and Million Units from 2014 to 2025)
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Small Cars
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Compact Cars
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Large Cars
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SUV and Crossover
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Light Commercial Vehicles
Automotive Camera Market by Application ($ Million and Million Units from 2014 to 2025)
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Rear View Cameras
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Front View Cameras
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Side View Cameras
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Interior View Cameras
On the basis of its comprehensive research, Lucintel forecasts that the digital camera and thermal camera segments are expected to show above average growth during the forecast period.
Within the automotive camera market, the light commercial vehicle segment will remain the largest market. Customers are looking for high-tech and safety features in light commercial vehicles, which will foster growth opportunities for camera suppliers.
Some of the features of “Opportunities of Automotive Camera Market in Canada 2013-2024: Trends, Forecast and Competitive Analysis” include:
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Market size estimates: Automotive camera market size estimation in terms of value ($M) and volume (Million Units) and shipment.
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Trend and forecast analysis: Automotive camera market trend (2012-2017) and forecast (2018-2023) by technology, vehicle, and application.
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Segmentation analysis: Automotive camera market size by technology (digital cameras, thermal cameras, and infrared cameras), vehicle type (small cars, compact cars, large cars, SUVs and crossovers, and light commercial vehicles), application type (rear view cameras, front view cameras, side view cameras, and interior view cameras) in terms of value
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Growth opportunities: Analysis on growth opportunities in different applications in the automotive camera market.
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Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
This report answers following 7 key questions:
Q.1. What are some of the most promising, high growth opportunities for the automotive camera market in Canada by technology (digital cameras, thermal cameras, and infrared cameras), vehicle type (small cars, compact cars, large cars, SUVs and crossovers, and light commercial vehicles), application type (rear view cameras, front view cameras, side view cameras, and interior view cameras)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. What are the key factors affecting market dynamics? What are the key challenges and business risks in this automotive camera market?
Q.4. What are the business risks and competitive threats in this automotive camera market?
Q.5. What are the emerging trends in this automotive camera market and the reasons behind them?
Q.6. What are some of the changing demands of customers in the automotive camera market?
Q.7. What are the new developments in the automotive camera market? Which companies are leading these developments?