Power Electronics Market, Market Size, Outlook, Trend and Forecast Global Automotive Cameras Market

Global Automotive Cameras Market is Expected to
Reach $33 billion, by 2024, Says Variant Market
Research
Global Automotive Cameras Market Report, published by Variant Market
Research, forecast that the global market is expected to reach $33 billion
by 2024 from $9 billion in 2016; growing at a CAGR of 17.5% from 2016 to
2024. By geography, Asia Pacific and rest of the world (RoW) are expected
to grow at a CAGR of 18.6% and 18.2%, respectively, during the forecast
period. Increase in demand for sensing cameras in advanced driver
assistance systems, huge requirement by passenger cars, and rise in
demand for luxury vehicles are the major factors driving the global
automotive cameras market. However, high cost of automotive cameras is
expected to restrain the market growth. Replacement of side-view mirrors
with cameras would provide several growth opportunities for the market in
the coming years .
Browse Complete Report @ https://www.variantmarketresearch.com/report-
categories/automotive/global-automotive-cameras-market