Automotive Camera Market Forecast to 2028
The Automotive Camera Market is expected to grow from US$ 6,911.10 million in 2021 to US$ 30,140.14 million by 2028. It is estimated to grow at a CAGR of 24.3% from 2022 to 2028.
Players in the automotive camera market are expected to have lucrative opportunities in the coming years, owing to the increasing demand for safety and driving comfort features. With the development of science and technology, automotive technology is improving rapidly. Also, automotive safety technology is involved gradually in all aspects of a car. Due to the increasing number of road traffic accidents, governments across the world have mandated to install cameras in all segments of vehicles. As per the report published by National Highway Traffic Safety Administration (NHTSA), the traffic fatalities in 2021 had shown an increase of about 10.5% compared to reported fatalities in 2020.
#automotivecamera #automotive #automobile #transportation
The Automotive Camera Market is expected to grow from US$ 6,911.10 million in 2021 to US$ 30,140.14 million by 2028. It is estimated to grow at a CAGR of 24.3% from 2022 to 2028.
Players in the automotive camera market are expected to have lucrative opportunities in the coming years, owing to the increasing demand for safety and driving comfort features. With the development of science and technology, automotive technology is improving rapidly. Also, automotive safety technology is involved gradually in all aspects of a car. Due to the increasing number of road traffic accidents, governments across the world have mandated to install cameras in all segments of vehicles. As per the report published by National Highway Traffic Safety Administration (NHTSA), the traffic fatalities in 2021 had shown an increase of about 10.5% compared to reported fatalities in 2020.
#automotivecamera #automotive #automobile #transportation
Automotive Camera Market Forecast to 2028
The Automotive Camera Market is expected to grow from US$ 6,911.10 million in 2021 to US$ 30,140.14 million by 2028. It is estimated to grow at a CAGR of 24.3% from 2022 to 2028.
Players in the automotive camera market are expected to have lucrative opportunities in the coming years, owing to the increasing demand for safety and driving comfort features. With the development of science and technology, automotive technology is improving rapidly. Also, automotive safety technology is involved gradually in all aspects of a car. Due to the increasing number of road traffic accidents, governments across the world have mandated to install cameras in all segments of vehicles. As per the report published by National Highway Traffic Safety Administration (NHTSA), the traffic fatalities in 2021 had shown an increase of about 10.5% compared to reported fatalities in 2020.
#automotivecamera #automotive #automobile #transportation
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