A backup camera for an automobile helps to get a clear picture of the rear side of the vehicle to evade accidents and collisions that take place due to less visibility while parking the vehicle. A backup camera helps to determine the back blind spot, thereby preventing accidents. The zone directly behind vehicles is known as a “killing zone” due to related accidents and the backup camera is used to avoid such kind of accidents. Backup cameras are typically attached to the HUD (head unit display) of the vehicles and are designed in such a way that the image generated as output is horizontally flipped which produces a mirror image of the object.
An increase in demand for passenger vehicles coupled with security and safety and a surge in a number of fatalities leading to increased adoption of the backup camera are some of the significant factors driving the growth of the automotive backup camera market. However, the high installation cost is the major factor restraining the growth of the automotive backup camera market. The legislation mandating the installation of cameras in vehicles and rise in trend of installing advanced driving system are some of the factors which are anticipated to generate new opportunities for the automotive backup camera market.
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The report also includes the profiles of key automotive backup camera market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- DENSO CORPORATION
- Aptiv PLC
- Camecho (Hongkong ShunXinDa Technology Limited)
- Continental AG
- Ficosa Internacional SA
- Magna International
- Robert Bosch GmbH
Global Automotive Backup Camera Market: Applications and Types
Covid-19 Impact and Global Analysis – by Position (Surface Mounted, Flush Mounted, License Mounted); Vehicle Type (Passenger Vehicle, Commercial Vehicle) and Geography
The structure of the Automotive Backup Camera Market report can be categorized into following sections:
Company overview provides the information about location of the company where it is headquartered along with the established year, employee strength as of 2017, regions where the company is operating and the key business areas.
Overall company/segment revenue for the year 2019, 2018, and 2017 is provided in the sub title “Financial Performance” (public listed companies) along with the analysis and explanation of the increase or decrease in the same due to factors such as mergers & acquisition, profit or loss in any strategic business unit (SBUs) and others.
Product benchmarking comprises the comprehensive list of products pertaining to the respective market along with the application and key features.
Insights pertaining to the new product launch, strategic collaboration, mergers and acquisition, regulatory approval, and other developments by the company in market are covered under strategic initiatives section.
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FAQS in the report:
- What is the growth opportunities of the Automotive Backup Camera market?
- Which product segment is leading in the market?
- Which regional market will dominate in coming years?
Which application segment will grow steadily?
- What are the growth opportunities that may come in Automotive Backup Camera industry in the upcoming years?
- What are the key challenges that the global Automotive Backup Camera market may face in future?
- Which are the leading players in the global Automotive Backup Camera market?
- Which are the key trends boosting the market growth?
- Which are the growth strategies considered by the players to sustain hold in the global Automotive Backup Camera market?
- What will be the post COVID-19 market scenario?
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