{"id":26017,"date":"2020-11-02T07:50:00","date_gmt":"2020-11-02T07:50:00","guid":{"rendered":"https:\/\/wordpress2.hdnweb.com\/2020\/11\/02\/automotive-backup-camera-market-to-reach-3-86-bn-globally-by-2026-at-8-7-cagr-allied-market-research\/"},"modified":"2020-11-02T07:50:00","modified_gmt":"2020-11-02T07:50:00","slug":"automotive-backup-camera-market-to-reach-3-86-bn-globally-by-2026-at-8-7-cagr-allied-market-research","status":"publish","type":"post","link":"https:\/\/wordpress2.hdnweb.com\/en\/2020\/11\/02\/automotive-backup-camera-market-to-reach-3-86-bn-globally-by-2026-at-8-7-cagr-allied-market-research\/","title":{"rendered":"Automotive Backup Camera Market to Reach $3.86 Bn, Globally, by 2026 at 8.7% CAGR: Allied Market Research"},"content":{"rendered":"<p><\/p>\n<style type=\"text\/css\"><![CDATA[\n\/* Style Definitions *\/\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n]]><\/style>\n<div class=\"xn-content\">\n<p><i>&#8211; Rise in number of fatalities leading to rising adoption of backup cameras<\/i><i>\u00a0and increase in demand for passenger vehicles coupled with safety and security concerns among consumers fuel the growth of the global automotive backup camera market<\/i><\/p>\n<p><span class=\"xn-location\">PORTLAND, Ore.<\/span>, <span class=\"xn-chron\">Nov. 2, 2020<\/span> \/PRNewswire\/ &#8212; Allied Market Research published a report, titled, &#8220;<a target=\"_blank\" href=\"https:\/\/www.alliedmarketresearch.com\/automotive-backup-camera-market\" rel=\"nofollow\">Automotive Backup Camera Market<\/a>\u00a0<b>by Position (Surface Mounted, Flush Mounted and License Mounted), Vehicle Type (Passenger Vehicle and Commercial Vehicle) and Sales Channel (Original Equipment Manufacturers (OEMs) and Aftermarket): Global Opportunity Analysis and Industry Forecast, 2019\u20132026.<\/b>&#8221; According to the report, the global automotive backup camera industry garnered <span class=\"xn-money\">$1.95 billion<\/span> in 2018, and is estimated to reach <span class=\"xn-money\">$3.86 billion<\/span> by 2026, witnessing a CAGR of 8.7% during the forecast period, 2019\u20132026.<\/p>\n<div id=\"prni_dvprnejpg6825left\" style=\"WIDTH: 100%; TEXT-ALIGN: left\" dir=\"ltr\"><img decoding=\"async\" id=\"prnejpg6825left\" title=\"Allied_Market_Research_Logo\" border=\"0\" alt=\"Allied_Market_Research_Logo\" align=\"middle\" imagelabel=\"Logo\" src=\"https:\/\/mma.prnewswire.com\/media\/636519\/Allied_Market_Research_Logo.jpg \"\/><\/div>\n<p><b>Drivers, restraints, and opportunities-<\/b><\/p>\n<p>Increase in number of fatalities leading to rising adoption of backup cameras\u00a0and surge in demand for passenger vehicles coupled with safety and security concerns among consumers drive the growth of the global automotive backup camera market. On the other hand, high installation cost of the system hampers the growth to some extent. However, increase in trend of installing advanced driving system and legislations mandating installation of backup cameras in vehicles are expected to create a number of lucrative opportunities for the key players in the industry.<\/p>\n<p><b>Request Sample Report at <\/b><a target=\"_blank\" href=\"https:\/\/www.alliedmarketresearch.com\/request-sample\/6266\" rel=\"nofollow\">https:\/\/www.alliedmarketresearch.com\/request-sample\/6266<\/a><b>\u00a0<\/b><\/p>\n<p><b>The surface mounted segment to lead the trail till 2026-<\/b><\/p>\n<p>Based on position, the surface mounted segment contributed to nearly half of the global automotive backup camera market in 2018, and is expected to retain its dominance throughout 2019\u20132026. The same segment is also projected to register the fastest CAGR of 9.8% by the end of 2026. Increasing trend toward the aftermarket installation of backup cameras in existing vehicles to ensure safety has boosted the growth of the segment.<\/p>\n<p><b>The passenger vehicle segment to dominate during the estimated period-<\/b><\/p>\n<p>Based on vehicle type, the passenger vehicle segment accounted for three-fourths of the\u00a0<b><a target=\"_blank\" href=\"https:\/\/www.alliedmarketresearch.com\/press-release\/automotive-backup-camera-market.html\" rel=\"nofollow\">global automotive backup camera market<\/a><\/b>\u00a0in 2018, and is anticipated to rule the roost during the estimated period. Installation of backup camera in passenger automobiles helps identify the rear blind spots of the vehicle, thereby ensuring safety of the same while reversing, and this factor has stimulated the growth of the segment. Simultaneously, the commercial vehicle segment would cite the fastest CAGR of 10.2% by 2026. This is because commercial vehicles tend to find major application of backup cameras in them. <\/p>\n<p><b>Interested to Procure The Data? Inquire here at <\/b><a target=\"_blank\" href=\"https:\/\/www.alliedmarketresearch.com\/purchase-enquiry\/6266\" rel=\"nofollow\">https:\/\/www.alliedmarketresearch.com\/purchase-enquiry\/6266<\/a><b>\u00a0<\/b><\/p>\n<p><b><span class=\"xn-location\">North America<\/span> garnered the major share in 2018-<\/b><\/p>\n<p>Based on geography, <span class=\"xn-location\">North America<\/span> held the largest share in 2018, generating more than one-third of the global automotive backup camera market. The mandatory installment for rear camera\/backup camera has accelerated the demand for the system in the region. The region across <span class=\"xn-location\">Asia-Pacific<\/span>, on the other hand, would showcase the fastest CAGR of 12.6% throughout the forecast period. This is due to the presence of strict government regulations for the installation of backup camera in vehicles. <\/p>\n<p><b>Leading players in the market-<\/b><\/p>\n<ul type=\"disc\">\n<li>Continental AG <\/li>\n<li>Aptiv PLC <\/li>\n<li>Yada <\/li>\n<li>Stonkam AG <\/li>\n<li>Valeo <\/li>\n<li>Magna International <\/li>\n<li>Robert Bosch GmbH <\/li>\n<li>OmniVision Technologies <\/li>\n<li>Delphi Technologies <\/li>\n<li>Pyle<\/li>\n<\/ul>\n<p><b>Schedule a Free Consultation Call with Our Analysts\/Industry Experts to Find Solution for Your Business at <\/b><a target=\"_blank\" href=\"https:\/\/www.alliedmarketresearch.com\/connect-to-analyst\/6266\" rel=\"nofollow\">https:\/\/www.alliedmarketresearch.com\/connect-to-analyst\/6266<\/a><\/p>\n<p><b>Similar Reports:<\/b><\/p>\n<p><a target=\"_blank\" href=\"https:\/\/www.alliedmarketresearch.com\/automotive-camera-market\" rel=\"nofollow\">Automotive Camera Market<\/a>\u00a0by Application (Park Assist System, Lane Departure Warning System, Adaptive Cruise Control System, Driver Monitoring System, Autonomous Emergency Braking System, Blind Spot Detection, and Others), Technology (Thermal Camera, Digital Camera, and Infrared Camera), and Vehicle Type (Passenger Vehicles, Light Commercial Vehicles, and Heavy Commercial Vehicles) &#8211; Global Opportunity Analysis and Industry Forecast, 2018-2025<\/p>\n<p><a target=\"_blank\" href=\"https:\/\/www.alliedmarketresearch.com\/vehicle-tracking-system-market\" rel=\"nofollow\">Vehicle Tracking Systems Market<\/a>\u00a0by Type (Active and Passive), Vehicle Type (Commercial Vehicles, Passenger Vehicles), Application (Mobile Tracking, Cellular Tracking, Satellite Tracking), and Industry Vertical (Transportation &amp; Logistics, Construction &amp; Manufacturing, Aviation, Retail, Government, Other Industry Verticals): Global Opportunity Analysis and Industry Forecast, 2018 \u2013 2025<\/p>\n<p><a target=\"_blank\" href=\"https:\/\/www.alliedmarketresearch.com\/in-car-infotainment-market\" rel=\"nofollow\">In-Car Infotainment Market<\/a>\u00a0by Installation Type (OEM and Aftermarket) and Component (Hardware and Software): Global Opportunity Analysis and Industry Forecast, 2019\u20132026<\/p>\n<p><a target=\"_blank\" href=\"https:\/\/www.alliedmarketresearch.com\/luxury-car-market-A05980\" rel=\"nofollow\">Luxury Car Market<\/a>\u00a0by Vehicle Type (Hatchback, Sedan, and Sport utility vehicle) and Fuel Type (Gasoline, Diesel, and Electric): Global Opportunity Analysis and Industry Forecast, 2019\u20132026<\/p>\n<p><a target=\"_blank\" href=\"https:\/\/www.alliedmarketresearch.com\/automotive-3d-imaging-market\" rel=\"nofollow\">Automotive 3D Imaging Market<\/a>\u00a0by Camera (Visible camera, 3D Camera, Night vision Camera, and LiDAR), Application (security &amp; surveillance, automotive safety, parking assistance and others) and by geography (<span class=\"xn-location\">North America<\/span>, <span class=\"xn-location\">Europe<\/span>, <span class=\"xn-location\">Asia-Pacific<\/span>, and LAMEA) &#8211; Global Market Analysis and Industry Forecast, 2017-2023<\/p>\n<p><a target=\"_blank\" href=\"https:\/\/www.alliedmarketresearch.com\/automotive-camera-and-camera-module-market\" rel=\"nofollow\">Automotive Camera &amp; Camera Module Market<\/a>\u00a0&#8211; Opportunities and Forecasts, 2014 &#8211; 2022<\/p>\n<p><a target=\"_blank\" href=\"https:\/\/www.alliedmarketresearch.com\/luxury-vehicles-market\" rel=\"nofollow\">Luxury Vehicles Market<\/a>\u00a0&#8211; Opportunities and Forecasts, 2014 &#8211; 2022<\/p>\n<p><b>About Allied Market Research<\/b><\/p>\n<p>Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in <span class=\"xn-location\">Portland, Oregon<\/span>. AMR provides global enterprises as well as medium and small businesses with unmatched quality of &#8220;Market Research Reports&#8221; and &#8220;Business Intelligence Solutions.&#8221; AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.<\/p>\n<p>AMR introduces its online premium subscription-based library <a target=\"_blank\" href=\"https:\/\/www.alliedmarketresearch.com\/Avenue-Membership-details\" rel=\"nofollow\">Avenue<\/a>, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.<\/p>\n<p><b>Contact:<br \/><\/b><span class=\"xn-person\">David Correa<\/span><br \/>5933 NE Win Sivers Drive<br \/>#205, <span class=\"xn-location\">Portland, OR<\/span> 97220<br \/><span class=\"xn-location\">United States<\/span><br \/><span class=\"xn-location\">USA<\/span>\/<span class=\"xn-location\">Canada<\/span> (Toll Free):<br \/>+1-800-792-5285, +1-503-894-6022, +1-503-446-1141<br \/>UK: +44-845-528-1300<br \/><span class=\"xn-location\">Hong Kong<\/span>: +852-301-84916<br \/><span class=\"xn-location\">India<\/span> (<span class=\"xn-location\">Pune<\/span>): +91-20-66346060<br \/>Fax: +1(855)550-5975<br \/><a target=\"_blank\" href=\"mailto:help@alliedmarketresearch.com\" rel=\"nofollow\">help@alliedmarketresearch.com<\/a> <br \/>Web<b>: <\/b><a target=\"_blank\" href=\"https:\/\/www.alliedmarketresearch.com\/\" rel=\"nofollow\">www.alliedmarketresearch.com<\/a>\u00a0<br \/>Allied Market Research Blog:<b>\u00a0<\/b><a target=\"_blank\" href=\"https:\/\/blog.alliedmarketresearch.com\/\" rel=\"nofollow\">https:\/\/blog.alliedmarketresearch.com<\/a><b>\u00a0<br \/><\/b>Follow Us on\u00a0| <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/alliedmarketresearch\" rel=\"nofollow\">Facebook<\/a> | <a target=\"_blank\" href=\"https:\/\/twitter.com\/Allied_MR\" rel=\"nofollow\">Twitter<\/a> | <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/company\/allied-market-research\" rel=\"nofollow\">LinkedIn<\/a> |<\/p>\n<p>Logo: <a target=\"_blank\" href=\"https:\/\/mma.prnewswire.com\/media\/636519\/Allied_Market_Research_Logo.jpg\" rel=\"nofollow\">https:\/\/mma.prnewswire.com\/media\/636519\/Allied_Market_Research_Logo.jpg<\/a> <\/p>\n<\/div>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=EN78335&amp;Transmission_Id=202011020750PR_NEWS_EURO_ND__EN78335&amp;DateId=20201102\" style=\"border:0px; width:1px; height:1px;\"\/> <\/p>","protected":false},"excerpt":{"rendered":"<div class=\"xn-content\">\n<p><i>&#8211; Rise in number of fatalities leading to rising adoption of backup cameras<\/i><i>\u00a0and increase in demand for passenger vehicles coupled with safety and security concerns among consumers fuel the growth of the global automotive backup camera market<\/i><\/p>\n<p><span class=\"xn-location\">PORTLAND, Ore.<\/span>, <span class=\"xn-chron\">Nov. 2, 2020<\/span> \/PRNewswire\/ &#8212; Allied Market Research published a report, titled, &#8220;<a target=\"_blank\" href=\"https:\/\/www.alliedmarketresearch.com\/automotive-backup-camera-market\" rel=\"nofollow noopener noreferrer\">Automotive Backup Camera&#8230;<\/p>\n","protected":false},"author":1,"featured_media":26018,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[18],"tags":[],"class_list":["post-26017","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hispanicmotorpress"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - 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