Yahoo Finance Global $1.5 Billion Automotive Camera Cleaning Systems Market Outlook to 2027
Dublin, Jan. 19, 2021 (GLOBE NEWSWIRE) -- The "Automotive Camera Cleaning System - Global Market Outlook (2019-2027)" report has been added to ResearchAndMarkets.com's offering.
Global Automotive Camera Cleaning System market accounted for $0.32 billion in 2019 and is expected to reach $1.50 billion by 2027 growing at a CAGR of 21.1% during the forecast period.
Some of the key factors propelling market growth include increase in integration of cameras in newer vehicles, rising demand for premium and luxury vehicles by consumers in several regions, and adoption of camera cleaning system for mounted cameras. However, rise in initial installment & maintenance cost of the vehicle and integration of pivoted camera is restraining market growth.
The automotive camera cleaning system is a cleaning system to ward off accumulated dust and dirt on the cameras that are used to assist the driver's vision. It comprises a reservoir tank, pump, hoses, connectors, and jets.
By vehicle type, the premium/luxury segment is anticipated to grow at a significant rate during the forecast period, as most premium vehicles are loaded with safety features and witness higher integration of cameras, and hence, offer significant opportunity to the market. Moreover, latest technologies are introduced in premium vehicles.
On the basis of geography, Europe region is expected to have considerable market growth during the forecast period, owing to high penetration of the automotive camera and camera cleaning system in the region. Moreover, stringent safety regulations and high concern for traffic safety among society in the region has led the region. Europe is home to several technology manufacturers and constant research and development by these players is likely to augment the automotive camera cleaning system market.
Some of the key players in Automotive Camera Cleaning System Market include Shenzhen Mingshang Industrial Co., Ltd., Panasonic Corp., Seeva Technologies, Kautex Textron Gmbh & Co. Kg, dlhBOWLES, Valeo SA, Waymo, Continental AG, Denso Corporation, Ficosa Internacional SA, Magna Electronics Inc., and MS Foster & Associates, Inc.
What the report offers:
Market share assessments for the regional and country-level segments
Strategic recommendations for the new entrants
Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter's five forces analysis, SWOT analysis, etc.
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Company profiling with detailed strategies, financials, and recent developments
Supply chain trends mapping the latest technological advancements
Key Topics Covered:
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.5 Research Sources
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Automotive Camera Cleaning System Market, By Nozzle Type
5.1 Introduction
5.2 Telescopic Nozzle
5.3 Fixed Nozzle
5.4 Nano Nozzle
6 Global Automotive Camera Cleaning System Market, By Sales Channel
6.1 Introduction
6.2 Aftermarket
6.3 Original Equipment Manufacturer (OEM)
7 Global Automotive Camera Cleaning System Market, By Vehicle Type
7.1 Introduction
7.2 Commercial Vehicle
7.3 Passenger Vehicle
7.3.1 Mid Level
7.3.2 Entry Level
7.3.3 Luxury/Premium
8 Global Automotive Camera Cleaning System Market, By Application
8.1 Introduction
8.2 Mirror Camera
8.3 Interjection Camera
8.4 Parking Camera
8.5 Front/Rear Camera
8.6 CMS Camera
8.7 Night Vision Camera
9 Global Automotive Camera Cleaning System Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 Shenzhen Mingshang Industrial Co., Ltd.
11.2 Panasonic Corp.
11.3 Seeva Technologies
11.4 Kautex Textron Gmbh & Co. Kg
11.5 dlhBOWLES
11.6 Valeo SA
11.7 Waymo
11.8 Continental AG
11.9 Denso Corporation
11.10 Ficosa Internacional SA
11.11 Magna Electronics Inc.
11.12 MS Foster & Associates, Inc.
For more information about this report visit https://www.researchandmarkets.com/r/ljxnc6
Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.
CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
