USD 10 billion
Under Vehicle Surveillance Market Size, Share, Growth Analysis, By Technology(Hardware, Software and Services), By Vehicle(Passenger Vehicle and Commercial Vehicle), By Type(Fixed/Static Under-Vehicle Surveillance System and Portable/Mobile Under-Vehicle Surveillance System), By Region - Industry Forecast 2025-2032
Report ID:
SQMIG45F2140 |
Region:
Global |
Published Date: April, 2024
Pages:
197
|Tables:
85
|Figures:
69
Under Vehicle Surveillance Market Insights
Under Vehicle Surveillance Market size was valued at USD 10 Billion in 2023 and is poised to grow from USD 11.3 Billion in 2024 to USD 30.04 Billion by 2032, growing at a CAGR of 13% during the forecast period (2025-2032).
Threats like bombs hidden beneath cars are found with the use of vehicle inspection systems. Cameras assist in taking pictures of the vehicle's underbelly so that security personnel or systems can manually or automatically assess it visually. Under-vehicle inspection devices can be fixed, portable, or permanent—that is, they can be anchored to the surface of the road or embedded in it. The typical under-vehicle surveillance system consists of imaging devices that are employed at facility entry points, especially at security facilities, and are installed on a roadway. As a result, these technologies aid in vehicle protection and will likely spur market expansion in the near future.
The market for under-vehicle surveillance is expanding as a result of favorable government legislation in a number of nations, rising demand for high-end vehicles outfitted with under-vehicle surveillance systems, and the extensive advantages of such systems. Additionally, throughout the course of the forecast period, factors including the widespread use of vehicle surveillance in emerging nations and the range of software solutions provided by this type of surveillance are anticipated to support the expansion of the under vehicle surveillance market. However, the factors impeding the growth of the market as a whole are technological breakthroughs in autonomous cars, high costs associated with regulations, and complex systems.
Market snapshot - (2024-2031)
Global Market Size
Largest Segment
Fixed/static under-vehicle surveillance system
Fastest Growth
Portable/mobile under-vehicle surveillance system
Growth Rate
13% CAGR
Global Under Vehicle Surveillance Market ($ Bn)
Country Share for North America (%)
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Under Vehicle Surveillance Market Segmental Analysis
The global under vehicle surveillance market is segmented based on technology, vehicle, type and regional type. In terms of technology, the market is trifurcated into hardware, software and services. Based on vehicle the market is divided into passenger vehicle and commercial vehicle. In terms of type, the market is bifurcated into fixed/static under-vehicle surveillance system and portable/mobile under-vehicle surveillance system. Based on region, the market is segmented into North America, Europe, Asia Pacific, Central & South America and Middle East & Africa.
Analysis by Type
As per categorization by type, the market is classified into fixed/static under-vehicle surveillance system and portable/mobile under-vehicle surveillance system. Among these, fixed/static under-vehicle surveillance market earned the largest share and continue to dominate the market. Significant progress has been made in the global under-vehicle surveillance market as of 2024, especially in the fixed/static under-vehicle surveillance segment. In order to increase danger detection and improve accuracy without slowing down traffic flow, innovations have mostly concentrated on merging high-resolution photography with artificial intelligence (AI). A growing number of important infrastructure locations, such as government buildings and airports, are implementing these systems due to the necessity for effective, non-intrusive inspection methods and growing security concerns. By automating danger identification, AI integration lowers human error and boosts the accuracy of security procedures.
Within the global under vehicle surveillance market, the portable/mobile under-vehicle surveillance systems are expected to develop at the fastest rate. The primary driver of this increase is the growing demand for adaptable security solutions that can be quickly implemented in a variety of settings, such as pop-up checkpoints, temporary event venues, and border crossings. These systems are perfect for temporary or mobile security settings as they are very flexible, simple to install, and don't require a permanent infrastructure. The effectiveness and operational range of these systems have also been improved by developments in mobile technology and wireless communication, which has fueled their acceptance even more.
Analysis by Vehicle
The commercial vehicle market has seen significant innovation as well as increased use. Increased security measures in the logistics and transportation sectors, where it is vital to stop illegal access and the smuggling of contraband, are the main cause of this growth. The combination of automated scanning technologies with real-time data analytics and high-definition video capabilities is an example of technological innovation. These technologies are being used more frequently at ports, cargo facilities, and checkpoints to guarantee thorough and effective vehicle checks, strengthening security frameworks.
The under-vehicle surveillance market for passenger vehicles is expected to develop at the quickest rate in the world, partly due to increased security concerns at public and high-traffic locations including airports, hotels, and commercial complexes. The need for strong security systems that can conduct rapid and comprehensive inspections has increased due to the threat of terrorism and other criminal activity. The growing acceptance of these systems is fueled by advancements in compact, less invasive, and faster analytical technologies, which have made them more feasible and efficient for use with passenger vehicles. These innovations ensure minimal disturbance while maintaining high security standards.
Global Under Vehicle Surveillance Market By Type (%)
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Under Vehicle Surveillance Market Regional Insights
The reasons for this domination include the highly developed infrastructure of technology, the high level of consumer awareness regarding car safety, and the strict regulations that encourage the use of vehicle surveillance systems in the US and Canada. Leading industry players and creative startups are present in the area, which strengthens North America's position as the industry leader. The need for car surveillance systems is driven by the introduction of advanced driver assistance systems (ADAS) technology and a strong emphasis on safety standards in Europe, which follows. Robust government programmes geared towards improving road safety and curbing vehicle theft are advantageous for the European market and foster market expansion.
The adoption of new technology in expanding economies like China, India, and Japan, together with increased safety concerns and increasing vehicle manufacturing have all contributed to the Asia Pacific region's rapid growth in the market. The automobile industry's growth and urbanization both contribute to the region's expansion. Despite having lesser market shares, the Middle East and Africa and Latin America are expanding as a result of rising awareness of vehicle security and the slow but steady adoption of cutting-edge surveillance systems, especially in large nations like the UAE, South Africa, and Brazil. These areas have unrealized potential and present chances for market growth as knowledge and the use of technology rise.
Global Under Vehicle Surveillance Market By Geography
- Largest
- Fastest
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Under Vehicle Surveillance Market Dynamics
Drivers
GPS Tracking Features and Real-Time Surveillance
- These technologies, which are largely driven by the growing need for GPS tracking and real-time surveillance, are crucial for improving vehicle security as well as for streamlining fleet management procedures. While GPS tracking provides precise vehicle position tracking, real-time surveillance guarantees prompt incident reaction, which lowers theft rates and boosts operational effectiveness.
Government Initiatives Promoting Safer Transportation
- To guarantee safer transport systems, governments all over the world are putting strict rules into place and starting programmes. Adoption of surveillance systems in commercial vehicles is required by these legal frameworks in order to keep an eye on driver behaviour, guarantee adherence to driving hours, and lower the number of traffic accidents. For instance, sophisticated monitoring capabilities in cars are required for the European Union's eCall effort, which aims to improve emergency response times.
Restraints
Data Protection Concerns
- Significant privacy and data protection problems are raised by the gathering, storing, and use of surveillance film. Tight standards govern the handling of personal data, including video footage, in the European Union, as enforced by regulatory frameworks like the General Data Protection Regulation (GDPR).
Complexity of Integrating Surveillance Systems
- The integration of modern surveillance systems presents considerable technical problems as vehicles become more networked. The installation and upkeep of surveillance solutions are made more difficult by the requirement to guarantee interoperability across various systems and technologies, such as infotainment, telematics, and onboard diagnostics (OBD). The adoption rate may be slowed by this intricacy.
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Under Vehicle Surveillance Market Competitive Landscape
Major players like Magna International, Continental AG, Robert Bosch GmbH, Advantech Co., Ltd, IEI Integration Group, Innotech Solutions Pte Ltd, Shyam Networks, and W.W. Grainger, Inc. have a considerable impact on the under vehicle surveillance system market landscape. These organisations contribute a wide range of technologies and specialised knowledge that is essential to the development and application of vehicle surveillance systems around the world.
Top Player’s Company Profiles
- Law Enforcement Associates (US)
- Continental AG (Germany)
- Iveda Solutions, Inc. (US)
- Delphi Automotive PLC (UK)
- Pedvak Technologies Pvt. Ltd.(India)
- Honeywell Security Group (US)
- Robert Bosch GmbH (Germany)
- DENSO Corporation (Japan)
- COMM-PORT Technologies (US)
- SecuScan (Germany)
- Hangzhou Hikvision Digital Technology Co. Ltd. (China)
- International Road Dynamics Inc. (Canada)
- Magna International (Canada)
Recent Developments
- In July 2023, ZF debuted its highly anticipated ZF ProAI supercomputer at the German IAA 2022. The system offers the most recent defense against cyberattacks by giving cars of any automation degree access to specialized processing power. It is outfitted with control units with sensors, software, and actuators made for software-defined vehicles.
- In June 2023, Car Connectivity Consortium (CCC) Digital Key version 3.0 compliant system-on-chip solution for safe car accessibility has been launched by STMicroelectronics to speed up the introduction of digital car keys that allow customers to access keyless vehicles via smartphones.
- In April 2023, The development of the wireless digital key system in collaboration with Giesecke+Devrient GmbH was announced by Alps Alpine Co., Ltd. The system that was created in partnership with Giesecke+Devrient complies with global CCC requirements.
Under Vehicle Surveillance Key Market Trends
- Making Security Innovation for Strategic Differentiation: The market for Under Vehicle Surveillance (UVS) is a dynamic and quickly developing area that is essential to improving security protocols in a variety of sectors. Market share positioning tactics become increasingly important for organizations operating in this field as technology advances. UVS suppliers use differentiation through technical innovation as one of their primary strategies. Businesses that make R&D investments to build innovative under-vehicle monitoring systems stand to benefit from a competitive advantage.
- Integration of Smart Connectivity Technologies: Forming strategic alliances and partnerships is another successful tactic. UVS providers frequently collaborate with other tech firms, security integrators, or governmental organizations in an effort to increase their market penetration and capabilities. By combining complementing technology and knowledge, collaborations can produce an under vehicle surveillance strategy that is more thorough and integrated. Businesses are able to offer comprehensive solutions that satisfy the various demands of their clientele by capitalizing on the advantages of each partner.
Under Vehicle Surveillance Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, GPS tracking and real-time surveillance technologies give exact location data and facilitate prompt incident response, they are essential for improving vehicle security and fleet management. The incorporation of contemporary surveillance systems into progressively interconnected automobiles has noteworthy technological obstacles, specifically in guaranteeing compatibility among heterogeneous systems such as infotainment, telematics, and onboard diagnostics, which may impede the pace of adoption.
The under vehicle surveillance system market is shaped in large part by major players like Magna International, Continental AG, and Robert Bosch GmbH, who provide a wide range of critical technologies and deployment experience for international use. Businesses obtain a competitive edge in the quickly developing Under Vehicle Surveillance (UVS) sector by developing innovative ideas and building strategic alliances that expand their product lines and reach into new markets.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 10 billion |
| Market size value in 2031 | USD 26.58 billion |
| Growth Rate | 13% |
| Base year | 2023 |
| Forecast period | (2024-2031) |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
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| Customization scope | Free report customization with purchase. Customization includes:-
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Under Vehicle Surveillance Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Under Vehicle Surveillance Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Under Vehicle Surveillance Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Under Vehicle Surveillance Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Under Vehicle Surveillance Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Under Vehicle Surveillance Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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