Global Automotive Backup Camera Market is valued approximately at USD 1.9 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 8.7% over the forecast period 2019-2026. An Automotive Back-up Camera is a special type of video camera used to alleviate the rear blind spot and avoid a backup collision. In automobiles, these cameras are used to get a clear picture of the rear side of the vehicle during parking of the vehicle. The backup camera is usually attached to the head unit display of the vehicle displaying the area directly behind the vehicle which is termed as the killing zone. The system is designed to present the mirror image of the object or a horizontally flipped image to enhance judgements. The accidents associated with the rear of the vehicles implies the use of Backup Camera. Further, surge in the number of accidents has increased the adoption of backup camera. Also, rise in demand for passenger vehicles along with the safety and security concerns among the buyers drive the market growth. Also, governments across the globe imposing regulations for the vehicles being equipped with rear camera as a mandatory component further supports the market growth. Strict guidelines along with legislative guidelines such as Affordable Care and Rising concern regarding healthcare-acquired infections has led the adoption of Automotive Backup Camera across the forecast period. Also, with the healthcare expenditure increasing at a substantial rate across the world and it is expected to fuel the demand for Automotive Backup Cameras. However, high installation cost of the rear camera is anticipated to hamper the automotive backup camera industry. Further, increase in trend of connecting advanced driving system and legislations mandating installation of cameras in vehicles are projected to create abundant opportunities leading to the expansion of automotive backup camera market share.

The regional analysis of global Automotive Backup Camera market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the safety policies changes in the region and easy adoption of new technologies. Moreover, the rising trend of advanced driving system and autonomous vehicles involves features such as vehicle guidance, rear blind spot detection which uses backup camera as an integral part fuels the market growth. Also, Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026. Factors such as increasing population along with increasing spending power of the people compels the people to purchase new cars with features of rear camera which adds on the costs. Also, the rising urbanization and increased road traffic in the region propels the need for rear camera which would create lucrative growth prospects for the Automotive Backup Camera market across Asia-Pacific region.

Major market player included in this report are:
Aptiv PLC
Continental AG
Delphi Technologies
Magna International
OmniVision Technologies
Pyle Audio
Robert Bosch GmbH
Stonkam AG
Valeo
Yada
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Position:
Surface Mounted
Flush Mounted
License Mounted
By Vehicle Type:
Passenger Vehicle
Commercial Vehicle
By Sales Channel:
Original Equipment Manufacturers (OEMs)
Aftermarket
By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2016, 2017
Base year - 2018
Forecast period - 2019 to 2026

Target Audience of the Global Automotive Backup Camera Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investor