Yep, with the coming regulatory requirement on manufacturers to equip new cars sold in the USA with builtin backup cameras, the potential addressable market in the USA will shrink steadily as time goes on, and as newer cars replace older ones. Even so there are (guessing) ~100MM cars on US roads that do not have backup cameras and might want one. And also commercial trucks - where a camera is sorely needed.
And of course there are international markets. China buys more cars than the US, these days.
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Yep, with the coming regulatory requirement on manufacturers to equip new cars sold in the USA with builtin backup cameras, the potential addressable market in the USA will shrink steadily as time goes on, and as newer cars replace older ones. Even so there are (guessing) ~100MM cars on US roads that do not have backup cameras and might want one. And also commercial trucks - where a camera is sorely needed.
And of course there are international markets. China buys more cars than the US, these days.