Automotive Backup Camera Market Updates

Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to automotive backup camera market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.

Automotive Backup Camera Market News

  • In January 2024, Tesla, a leading electric car manufacturer based in the United States, announced the launch of new software updates for backup cameras in its vehicles. These updates were intended to help vehicle owners with backup camera issues.
  • In August 2023, Continental, a leading automotive component provider, announced the launch of a new line of camera systems for commercial vehicles to improve driver safety and improved driver vision. These systems are available for rear, side, and front cameras.
  • The Fesco Group in collaboration with Car and Driver introduced a new wireless plug-and-play dashboard-mounted IPS touchscreen smart display in September 2021. The offering comes with an add-on backup camera that is engaged when the vehicle is put in reverse.
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Automotive Backup Camera Market size was valued at USD 305.9 Million in 2023 and is poised to grow from USD 319.67 Million in 2024 to USD 454.71 Million by 2032, growing at a CAGR of 4.5% during the forecast period (2025-2032).

Automotive backup camera providers should focus on integrating their offerings with driver assitance systems to improve their efficacy and reliability. Automotive backup camera companies can also invest in R&D to develop a solution for clear visibility in bad weather conditions. Automotive backup camera market players can also collaborate with automotive manufacturers to develop custom products and boost their sales potential in the long run. 'OmniVision Technologies Inc.', 'Magna International Inc.', 'Fabtec', 'EchoMaster', 'Denso Corporation', 'Delphi Automotive Company', 'Pyle Audio', 'Magna International', 'CONTINENTAL AG.', 'Yada (Subsidiary of Winplus North America Inc.', 'ROBERT BOSCH GmbH', 'Astral', 'Valeo SA', 'STONKAM Co. Ltd.', 'Garmin Ltd.'

Regulatory authorities and governments are implementing new vehicle safety mandates around the world to reduce mortality rates of vehicle accidents. This is pushing automotive companies to opt for automotive backup cameras in their offerings.

Surround View Cameras: Automotive backup camera makers can invest in the research and development surround view cameras that provide a 360-degree view of the vehicle. Many automotive companies have started integrating such cameras in their vehicles and this type of cameras are projected to be highly sought-after in the future.

North America is estimated to hold a major chunk of the global automotive backup camera market. Growing number of connected vehicles and driverless automated vehicles in this region are contributing to the surging demand for automotive backup cameras. Growing incorporation of autonomous features such as parking assist and self-parking features in vehicles of this region is also slated to benefit sales of automotive backup cameras. The United States is projected to spearhead market growth in this region followed by Canada.

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Global Automotive Backup Camera Market
Automotive Backup Camera Market

Report ID: SQMIG25A2313

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