The global side-view camera systems market size reached USD 2.4 Million in 2020 and is expected to register a revenue CAGR of 104.1% during the forecast period, according to latest analysis by Emergen Research. Increasing implementation of side view camera systems for Advanced Driver Assistance System (ADAS) and increasing usage of side view camera systems for reducing blind spots is projected to support market revenue growth between 2021 and 2028. In addition, increasing demand for luxury vehicles will continue to boost revenue growth of the market. Offer of more features in luxury car offerings and rising disposable income is boosting demand for luxury vehicles in the recent past. Luxury vehicles offer improved performance, more comfortable cabin, and all the latest safety and technologically advanced features, which is expected to increase implementation of side-view camera systems in luxury vehicles. In 2020 for instance, Lexus Motors Ltd. the availability of new technologies to its clients for even higher safety levels as well as convenience with the launch of digital side-view monitor for its ES 300h luxury hybrid vehicles in the Europe market.
The report bifurcates the Side-view Camera Systems market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
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The leading market contenders listed in the report are:
Continental AG, Hyundai Mobis Co., Ltd., Valeo SA, Magna International Inc., Denso Corporation, Robert Bosch GmbH, Stoneridge, Inc., Samvardhana Motherson Group, ZF Friedrichshafen AG, and Gentex Corporation
Key reasons to buy the Global Side-view Camera Systems Market report:
- The latest report comprehensively studies the global Side-view Camera Systems market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products services offered by this industry.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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Market Segmentations of the Side-view Camera Systems Market
Camera Type Outlook (Revenue, USD Million; 2018–2028)
- Single-camera System
- Multi-camera System
Component Outlook (Revenue, USD Million; 2018–2028)
- Electronic Control Unit (ECU)
- Camera
- Display
Vehicle Type Outlook (Revenue, USD Million; 2018–2028)
- Commercial Vehicle
- Light Commercial Vehicle
- Heavy Commercial Vehicle
- Passenger Vehicle
- Commercial Vehicle
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Regional Outlook of the Side-view Camera Systems Market
The global Side-view Camera Systems market has been categorized into several important geographical regions, including North America, Europe, Asia Pacific, Latin America, and Middle East Africa. In this section, authors of the report have studied the presence of the global Side-view Camera Systems market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.
Key reasons to buy the Global Side-view Camera Systems Market report:
- The latest report comprehensively studies the global Side-view Camera Systems market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products services offered by this industry.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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