In 2025, the car cameras market reached 19 billion U.S. dollars
According to foreign media reports, data from a car-level camera market analysis report shows that the market value of the car cameras market is expected to exceed 19 billion US dollars by 2025.
The U.S. Department of Transportation NHTSA has issued mandatory regulations that require all new cars sold in the United States with a vehicle weight of less than 10,000 pounds (approximately 4536 kg) to be equipped with a rear-view camera. This regulation has been implemented since May 2018. Now car-level cameras have gradually gained a foothold in the global transportation field with huge market potential.
Currently, car cameras still faces many problems, such as how to protect user privacy. According to statistics, nearly 90% of fatal traffic accidents are caused by improper driving habits of drivers. At the same time, North America will occupy a relatively large proportion of car cameras markets, followed by the European market.
The U.S. Department of Transportation NHTSA has issued mandatory regulations that require all new cars sold in the United States with a vehicle weight of less than 10,000 pounds (approximately 4536 kg) to be equipped with a rear-view camera. This regulation has been implemented since May 2018. Now car-level cameras have gradually gained a foothold in the global transportation field with huge market potential.
Currently, car cameras still faces many problems, such as how to protect user privacy. According to statistics, nearly 90% of fatal traffic accidents are caused by improper driving habits of drivers. At the same time, North America will occupy a relatively large proportion of car cameras markets, followed by the European market.
