Global Side View Camera System Market

Side View Camera System Market Size, Share, Growth Analysis, By By Type(Single camera, Multi camera), By By Application(Passenger, Commercial), By Region - Industry Forecast 2024-2031


Report ID: SQMIG45I2131 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 61 | Figures: 80

Side View Camera System Market Regional Insights

The market for side view camera systems has normally been led by North America. The region’s top position is owed for several reasons. North America’s strict safety standards have led to a growing need for ADAS like side view camera systems. The heightened integration of advanced automotive safety technologies in vehicles across the US and Canada have also contributed to this region’s dominance. This region is also home for several technology companies that specialize in ADAS. This and the region’s thriving automobile industry has cemented its place at no.1 in the market.  

Though North America’s prominence in the market can not be denied, the APAC legion is witnessing speedy expansion. Nations like  China, South Korea, and Japan have placed the region as the fastest-growing market regions. The automotive sector in the APAC region is thriving, and has resulted in a heightened need for ADAS like side view camera systems. Additionally, the region is worried about road safety in the midst of high traffic rates, fueling the demand of the market. Even the region’s governments are supporting the mandatory adoption of safety features in automobiles, driving the adoption of side view camera systems. The APAC region has also seen a rising need for these devices in passenger and commercial vehicles. Resulting from the culmination of these factors, the Asia-Pacific region has experienced explosive growth.

$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Side View Camera System Market size was valued at USD 3.07 billion in 2022 and is poised to grow from USD 3.62 billion in 2023 to USD 13.32 billion by 2031, growing at a CAGR of 17.7% in the forecast period (2024-2031).

The side view camera system market is defined by a quickly changing landscape and fierce competition among major automotive technology companies and manufacturers. Some prominent companies dominating the market are Continental AG, Panasonic Corporation, Robert Bosch GmbH, Magna International Inc., Valeo SA, and Aptiv PLC. 'Ambarella, Inc. (United States)', 'Denso Corporation (Japan)', 'Mobileye N.V. (Israel)', 'Texas Instruments Incorporated (United States)', 'Panasonic Corporation (Japan)', 'Continental AG (Germany)', 'Stoneridge, Inc. (United States)', 'Aptiv PLC (Ireland)', 'Gentex Corporation (United States)', 'Robert Bosch GmbH (Germany)', 'ZF Friedrichshafen AG (Germany)', 'Valeo SA (France)', 'Autoliv Inc. (Sweden)', 'WABCO Holdings Inc. (Belgium)', 'Magna International Inc. (Canada)', 'Mekra Lang GmbH & Co. KG (Germany)', 'Murakami Corporation (Japan)', 'Clarion Co., Ltd. (Japan))', 'Seeing Machines (Australia)', 'Ficosa International S.A. (Spain)', 'Leopold Kostal GmbH & Co. KG (Germany)', 'SL Corporation (South Korea)', 'Renesas Electronics Corporation (Japan)', 'Hyundai Mobis Co., Ltd. (South Korea', 'Samvardhana Motherson Automotive Systems Group (India)'

The interest in ADAS has driven the demand for side view camera systems. These technologies are loaded with features like detection of blind spots, warning if a vehicle changes lanes without meaning to, and assistance in parking. Side view cameras can give access to video feeds in real-time. This is useful in a number of tasks. These include collision prevention, parking, and safe lane changing. As automobile producers integrate ADAS more often in their products, the demand for side view camera systems will keep rising.

Transition to Electric and Autonomous Vehicles: The side view camera system market is being heavily influenced by a key market trend. That is the speedy shift to autonomous and electric vehicles. EVs and driverless vehicles often employ advanced sensors and camera systems. These technologies add bonus features to these cars to guarantee optimal performance. These include self-parking and parking assistance. The increasing need for side view camera systems is mirrored in the rising adoption of these vehicles.

The market for side view camera systems has normally been led by North America. The region’s top position is owed for several reasons. North America’s strict safety standards have led to a growing need for ADAS like side view camera systems. The heightened integration of advanced automotive safety technologies in vehicles across the US and Canada have also contributed to this region’s dominance. This region is also home for several technology companies that specialize in ADAS. This and the region’s thriving automobile industry has cemented its place at no.1 in the market.  

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

logo-images

Feedback From Our Clients

Global Side View Camera System Market

Report ID: SQMIG45I2131

$5,300
BUY NOW GET FREE SAMPLE