Automotive camera market to grow at 120% a year

The total market for automotive cameras is expected to rise from an estimated 120 thousand units in 2003 to 6.8 million by 2008, a compound average annual growth rate of over 120%.

The total market for automotive cameras is expected to rise from an estimated 120 thousand units in 2003 to 6.8 million by 2008, a compound average annual growth rate of over 120%. By 2011 the market is predicted to reach more than 25 million cameras units.