Automotive Surround-View Systems Market Size, Share and Growth Forecast Analysis till 2028

13th Nov 2019 – Global Automotive Surround-View Systems Market is anticipated to witness an exponential growth in the forecast period. The automotive surround view system puts collectively a bird’s eye view of the vehicle/car, by displaying all the sides of the car on the car’s display screen. It is a developing automotive advanced driver assistance system (ADAS) technology that supports low speed vehicle maneuvers, such as slow curb side driving or while parking the vehicle.

The factors that propel the growth of the market include growing use of automotive driver assistance system technology, increased expenditure on research & development in automotive industry, and rising safety concern among end users. On the other hand, there are factors that may hamper the growth of the market including higher installation price, and stringent government regulations on getting NOC for connection of this technology into vehicle. Automotive surround-view system market is anticipated to expand at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe.

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The market could be explored by type, functioning, vehicle type, end user and geography. Market could be explored by type as 4 cameras, 6 cameras and others. The “4 cameras” segment led the market in 2017 and will continue to lead in the forecast period. 4 cameras are followed by 6 cameras segment is the forecast period.

Based on functioning, the market could span automatic and manual. The “Automatic” segment led the automotive surround-view systems market in 2017 and will continue to lead in the forecast period. The market could be explored based on vehicle type as passenger vehicles and commercial vehicles. The “Passenger vehicles” segment led the market in 2017 and will continue to lead in the forecast period. The key factors attributed to the growth of market include increasing sales of passenger cars and increasing demand.

The market could be explored by End user as OEMs and Aftermarket. The “OEMs” segment led the market in 2017 and is anticipated to maintain its dominance in the forecast period. OEMs segment is followed by aftermarket.

Leading Players:

  • Valeo
  • Magna
  • Continental
  • Denso
  • Aisin
  • Mobis
  • Fujitsu
  • Clarion
  • SL
  • Good Driver
  • Percherry

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Market split by Sales Channel, can be divided into:

  • Direct Channel
  • Distribution Channel

Market segment by Region/Country including:

  • North America (United States, Canada and Mexico)
  • Europe (Germany, UK, Fransce, Italy, Russia and Spain etc.)
  • Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
  • South America Brazil, Argentina, Colombia and Chile etc.)
  • Middle East & Africa (South Africa, Egypt, Nigeria and Saudi Arabia etc.)

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