DUBAI, UAE. 19th
February 2018: Automotive Surround-View Systems Market
latest research report by size, share, application, Growth Analysis, geography,
Outlook, Segmentation, Production Capacity, Competitive Strategies and Regional
Outlook to 2019-2028
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.
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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.
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.
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Report with TOC @ https://www.millioninsights.com/industry-reports/automotive-surround-view-systems-market
Market split by Type,
can be divided into:
• 4 Cameras Type
• 6 Cameras Type
• Other
Market split by
Application, can be divided into:
• OEM
• Aftermarket
Market split by Sales
Channel, can be divided into:
• Direct Channel
• Distribution Channel
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