Automotive Backup Camera Market Report by Vehicle Type (Passenger Vehicle, Commercial Vehicle), Position (Surface Mounted, Flush Mounted, License Mounted), Sales Channel (Original Equipment Manufacturers (OEMs), Aftermarket), and Region 2024-2032
The global automotive backup camera market size reached US$ 2.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 5.2 Billion by 2032, exhibiting a growth rate (CAGR) of 7.2% during 2024-2032.
Report Attribute
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
US$ 2.8 Billion
Market Forecast in 2032
US$ 5.2 Billion
Market Growth Rate 2024-2032
7.2%
An automotive backup camera, also known as a rear-view camera, refers to a video camera attached to the rear of a vehicle. It is specifically designed to prevent a backup collision and assist the driver in reversing the vehicle safely. It is connected to a display screen that turns on automatically when the car is shifted into the reverse gear and shows real-time video of the area behind the vehicle. In recent years, automotive backup camera systems have gained traction as they provide better visibility and prevent crashes and accidents by alleviating the rear blind spots. Nowadays, manufacturers are offering automotive backup camera systems with sensors in the rear bumper to detect objects behind the vehicle.
Automotive Backup Camera Market Trends:
The increasing number of fatalities during the reversing of vehicles and the rising concerns regarding the safety of passengers and pedestrians represent the primary factors driving the market growth. Besides this, the emerging applications of automotive backup camera systems in commercial vehicles, such as tow trucks and trailers, that cover a larger area on the road and require assistance while parking or reversing are catalyzing the product demand. Additionally, governments of various countries are introducing stringent regulations mandating the installation of backup cameras in all new passenger vehicles to reduce the risk to pedestrians from accidents while reversing vehicles. This, in confluence with the escalating demand for advanced driver assistance systems (ADAS), is propelling the market growth. Furthermore, several leading manufacturers are heavily investing in the development of innovative product variants to expand their customer base and maintain a competitive edge in the market. Other factors, including the surging sales of high-end automobiles, inflating consumer disposable incomes, rapid urbanization, and technological advancements, are also creating a positive market outlook.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global automotive backup cameramarket report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on vehicle type, position and sales channel.
Breakup by Vehicle Type:
Passenger Vehicle
Commercial Vehicle
Breakup by Position:
Surface Mounted
Flush Mounted
License Mounted
Breakup by Sales Channel:
Original Equipment Manufacturers (OEMs)
Aftermarket
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
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 key 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.
Report Coverage:
Report Features
Details
Base Year of the Analysis
2023
Historical Period
2018-2023
Forecast Period
2024-2032
Units
US$ Billion
Segment Coverage
Vehicle Type, Position, Sales Channel, Region
Region Covered
Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered
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
Customization Scope
10% Free Customization
Report Price and Purchase Option
Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support
10-12 Weeks
Delivery Format
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)
Key Questions Answered in This Report
The global automotive backup camera market was valued at US$ 2.8 Billion in 2023.
We expect the global automotive backup camera market to exhibit a CAGR of 7.2% during 2024-2032.
The increasing applications of automotive backup camera systems in commercial vehicles, such as tow trucks and trailers, that cover a larger area on the road and require assistance while parking or reversing, are primarily driving the global automotive backup camera market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary closure of numerous manufacturing units for automotive backup camera systems.
Based on the vehicle type, the global automotive backup camera market can be categorized into passenger vehicle and commercial vehicle. Currently, passenger vehicle exhibits clear dominance in the market.
Based on the position, the global automotive backup camera market has been segmented into surface mounted, flush mounted, and license mounted. Among these, surface mounted position currently represents the largest market share.
Based on the sales channel, the global automotive backup camera market can be bifurcated into Original Equipment Manufacturers (OEMs) and aftermarket. Currently, aftermarket accounts for the majority of the total market share.
On a regional level, the market has been classified into North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America, where North America currently dominates the global market.
Some of the major players in the global automotive backup camera market include 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.
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