Dublin, May 03, 2022 (GLOBE NEWSWIRE) — The “Automotive Backup Camera Market: Global Industry Trends, Share, Size, Growth, Opportunities and Forecast 2022-2027” report has been added to from ResearchAndMarkets.com offer.

The global automotive backup camera market reached a value of US$2.33 billion in 2021. Looking ahead, the market is expected to reach a value of US$3.79 billion by 2027, showing a CAGR of 8.30% in 2022-2027. Keeping in mind the uncertainties of COVID-19, the analyst continuously monitors and assesses the direct and indirect influence of the pandemic on different end-use sectors. This information is included in the report as a major market contributor.

An automotive backup camera, also known as a backup camera, refers to a video camera attached to the rear of a vehicle. It is specially designed to prevent a back-up collision and to help the driver reverse safely. It is connected to a display screen that automatically turns on when the car shifts into reverse and displays real-time video of the area behind the vehicle. In recent years, automotive backup camera systems have grown in popularity as they provide better visibility and prevent collisions and accidents by reducing rear blind spots. Nowadays, manufacturers offer automotive backup camera systems with sensors in the rear bumper to detect objects behind the vehicle.

Automotive Backup Camera Market Trends

Rising number of fatalities during reversing of vehicles and rising concerns over passenger and pedestrian safety are the major factors driving the market growth. In addition, the emerging applications of automotive backup camera systems in commercial vehicles, such as tow trucks and trailers, which cover a larger area on the road and require assistance when parking or reversing, are catalyzing the demand for products.

In addition, governments in various countries are introducing strict regulations requiring the installation of rear view cameras in all new passenger vehicles to reduce the risk of accidents to pedestrians when reversing vehicles. This, in conjunction with the growing demand for advanced driver assistance systems (ADAS), is propelling the growth of the market.

Additionally, several leading manufacturers are investing heavily in developing innovative product variants to expand their customer base and maintain a competitive edge in the market. Other factors including rising premium auto sales, consumer disposable income inflation, rapid urbanization and technological advancements are also creating a positive market outlook.

Key market segmentation

This report provides an analysis of the main trends in each sub-segment of the global automotive rear view camera market, as well as forecasts at the global, regional and country levels from 2022 to 2027. The report has categorized the market based on vehicle type , position and sales channel.

Breakdown by type of vehicle:

  • Tourism vehicle
  • commercial vehicle

Breakdown by position:

  • Surface mounted
  • Recessed
  • Mounted License

Breakdown by sales channel:

  • Original Equipment Manufacturers (OEMs)
  • Secondary market

Breakdown by region:

  • North America
  • United States
  • Canada
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive landscape

The competitive landscape of the industry has also been examined along with the profiles of the major players being Borgwarner Inc., Continental Aktiengesellschaft, DENSO Corporation, Gentex Corporation, HELLA GmbH & Co. KGaA (Hella Stiftung GmbH), Magna International Inc, Omnivision Technologies Inc., Rear View Safety Inc. (Safe Fleet Holdings LLC), Robert Bosch GmbH, Stonkam Co. Ltd., Valeo and ZF Friedrichshafen AG.

Key questions answered by this report

  • How has the global automotive rear view camera market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global Automotive Backup Camera Market?
  • What are the main regional markets?
  • What is the market breakdown by type of vehicle?
  • What is the market breakdown by position?
  • What is the market breakdown by sales channel?
  • What are the different stages of the industry value chain?
  • What are the key drivers and challenges in the industry?
  • What is the structure of the global automotive rear view camera market and who are the major players?
  • How competitive is the industry?

Main topics covered:

1 Preface

2 Scope and methodology

3 Executive summary

4 Presentation
4.1 Overview
4.2 Key Industry Trends

5 Global Automotive Rear View Camera Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 Market Breakdown by Vehicle Type
6.1 Passenger vehicle
6.1.1 Market trends
6.1.2 Market Forecast
6.2 Commercial vehicle
6.2.1 Market trends
6.2.2 Market Forecast

7 Breakdown of the market by position
7.1 Surface mounting
7.1.1 Market trends
7.1.2 Market Forecast
7.2 Recessed
7.2.1 Market trends
7.2.2 Market Forecast
7.3 Mounted license
7.3.1 Market trends
7.3.2 Market Forecast

8 Market Breakdown by Sales Channel
8.1 Original Equipment Manufacturers (OEMs)
8.1.1 Market trends
8.1.2 Market Forecast
8.2 Secondary market
8.2.1 Market trends
8.2.2 Market Forecast

9 Market Breakdown by Region

10 SWOT Analysis

11 Value chain analysis

12 Analysis of the five forces of carriers

13 Price Analysis

14 Competitive Landscape
14.1 Market structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Borgwarner Inc. Company overview Product portfolio Finance SWOT Analysis
14.3.2 Continental Aktiengesellschaft Presentation of the company Product portfolio Finance SWOT Analysis
14.3.3 DENSO Corporation Company Overview Product portfolio Finance SWOT Analysis
14.3.4 Gentex Company Company Overview Product portfolio Finance
14.3.5 HELLA GmbH & Co. KGaA (Hella Stiftung GmbH) Company Overview Product Portfolio Finance
14.3.6 Magna International Inc. Company Overview Product portfolio Finance SWOT Analysis
14.3.7 Omnivision Technologies Inc. Company Overview Product portfolio
14.3.8 Back View Safety Inc. (Safe Fleet Holdings LLC) Company Overview Product portfolio
14.3.9 Robert Bosch GmbH Company Overview Product portfolio SWOT Analysis
14.3.10 Stonkam Co.Ltd. Company Overview Product portfolio
14.3.11 Valeo Company Overview Product portfolio Finance SWOT Analysis
14.3.12 ZF Friedrichshafen AG Company Overview Product Portfolio SWOT Analysis

For more information on this report, visit https://www.researchandmarkets.com/r/wpb20h

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