Asia Pacific Blood Glucose Test Strip Packaging Market Research Repor Vehicle camera Market Research Report - Global Fo
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More information from: https://www.marketresearchfuture.com/reports/1953
Global Vehicle Camera Market Research Report- Forecast 2023
Report / Search Code: MRFR/AM/1421-HCRR
Publish Date: June, 2018
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Global Vehicle Camera Market Information Report By Vehicle Type
(Commercial Vehicle and Passenger Vehicle), by Camera Type
(Front View, Rear View and Interior Cam), by technology (Night
Vision Recording, Accident Sensor, Built-in GPS and Others), by
end use application (Transportation Vehicles, Government and
Defense Vehicles, Private Vehicles and Others) and By Region -
Forecast To 2023
Market Synopsis
Vehicle camera refers to digitized device which is being used for
recording real-time videos and capturing images both inside and outside
the vehicle. The cameras are attached to windshield or dashboard of
vehicle and are accessorized with features such as GPS, loop recording
and G-sensors among others.
The major factors contributing to the growth of the market are the
technological advancements in the cameras along with the reduction is
prices at the same time, the introduction of various road safety
regulations by the government of various countries and the benefits
which can be availed in claiming insurance from the insurance
companies. The vehicle cameras provide real time recording, which
ensures that sufficient evidence are available to be produced in times of
theft, accident and others.
However, the growth of this market is expected to be restrained by the
imposing of government regulations, majorly in some of the European
countries which are related to the public video recording.
The global Vehicle Camera Market has seen a remarkable growth in the
global market and it has been observed that, its demand in future is
expected to grow with the CAGR of ~10%.