Dublin, Dec. 05, 2022 (GLOBE NEWSWIRE) -- The "Automotive Surround View Systems Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global automotive surround view systems market size reached US$ 3.8 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 9.9 Billion by 2027, exhibiting a CAGR of 17.3% during 2021-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Automotive surround view systems refer to intelligent camera systems which provide a complete 360 view of the vehicle on an LCD screen that is placed on the dashboard. These systems play an important role in assisting the driver during parking and maneuvering the vehicle.
They also offer other benefits such as enabling the driver to get a sharp view on all sides; removing the blind spots; lowering distractions of the driver and improving traffic safety. Over the years, these systems have evolved from low-resolution to high-resolution cameras, providing real-time bird's-eye view of the vehicle and its surroundings. These advantages have significantly contributed to the installation of these systems in modern automobiles.
Advancements in the automotive advanced driver assistance systems (ADAS) technologies have led to an increase in the sales of automotive surround view systems. the manufacturers have increased research and development to develop surround view systems with higher accuracy and advanced features. For instance, they are offering sonar-based systems that judge the distance between obstacles and give the user a warning when an object comes near another object.
| Report Attribute | Details |
| No. of Pages | 108 |
| Forecast Period | 2021 - 2027 |
| Estimated Market Value (USD) in 2021 | $3.8 Billion |
| Forecasted Market Value (USD) by 2027 | $9.9 Billion |
| Compound Annual Growth Rate | 17.3% |
| Regions Covered | Global |
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players Valeo SA, Magna International, Continental AG, Clarion, Denso, Renesas Electronics, Aisin Seiki, Texas Instruments, Ambarella, Robert Bosch GmbH, Xylon d.o.o., Mobileye Vision Technologies Ltd., etc.
Key Questions Answered in This Report:
1. What was the size of the global automotive surround view systems market in 2021?
2. What is the expected growth rate of the global automotive surround view systems market during 2022-2027?
3. What has been the impact of COVID-19 on the global automotive surround view systems market?
4. What are the key factors driving the global automotive surround view systems market?
5. What is the breakup of the global automotive surround view systems market based on the functioning?
6. What is the breakup of the global automotive surround view systems market based on the vehicle type?
7. What is the breakup of the global automotive surround view systems market based on the end user?
8. What are the key regions in the global automotive surround view systems market?
9. Who are the key players/companies in the global automotive surround view systems market?
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Automotive Surround View Systems Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Type
5.5 Market Breakup by Functioning
5.6 Market Breakup by Vehicle Type
5.7 Market Breakup by End-User
5.8 Market Breakup by Region
5.9 Market Forecast
6 SWOT Analysis
6.1 Overview
6.2 Strengths
6.3 Weaknesses
6.4 Opportunities
6.5 Threats
7 Value Chain Analysis
8 Porter's Five Forces Analysis
8.1 Overview
8.2 Bargaining Power of Buyers
8.3 Bargaining Power of Suppliers
8.4 Degree of Competition
8.5 Threat of New Entrants
8.6 Threat of Substitutes
9 Market Breakup by Type
9.1 Touch Screen Control
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Infrared Remote Control
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Others
9.3.1 Market Trends
9.3.2 Market Forecast
10 Market Breakup by Functioning
10.1 Automatic
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Manual
10.2.1 Market Trends
10.2.2 Market Forecast
11 Market Breakup by Vehicle Type
11.1 Commercial Vehicles
11.1.1 Market Trends
11.1.2 Market Forecast
11.2 Passenger Vehicles
11.2.1 Market Trends
11.2.2 Market Forecast
12 Market Breakup by End-User
12.1 Aftermarket
12.1.1 Market Trends
12.1.2 Market Forecast
12.2 OEMs
12.2.1 Market Trends
12.2.2 Market Forecast
13 Market Breakup by Region
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Valeo SA
14.3.2 Magna International
14.3.3 Continental AG
14.3.4 Clarion
14.3.5 Denso
14.3.6 Renesas Electronics
14.3.7 Aisin Seiki
14.3.8 Texas Instruments
14.3.9 Ambarella
14.3.10 Robert Bosch GmbH
14.3.11 Xylon d.o.o.
14.3.12 Mobileye Vision Technologies Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/9b7si5
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