Side View Camera System Market Forecast Report 2020 - 2027 - Top Key Players Analysis
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About Side View Camera System Market
A side-view camera is often used in automobiles and used by
the drivers to view objects on the left and right side of the vehicle to navigate
traffic, change lanes, and park with more precision. The latest version of the
side-view camera automatically turns on with a signal and shows the image
shared by the rear-view camera on the monitor. It helps in protecting side
mirrors, bumpers, trim, and wheel rims from damage.
The key drivers boosting the growth of the side view camera
market size include the rising commercial & passenger vehicle production and
the increasing emphasis on improving fuel efficiency by using lightweight
technology. Moreover, the rising utilization of electrical components in
vehicles and the growing penetration of advanced display solutions in the
automotive industry is further accelerating the market’s growth. Various luxury
car manufacturers, including BMW, Audi, Mercedes Benz, and others key players, have
been emphasizing on improving the comfort and safety features in the automotive
cameras. The increasing requirement for active safety features, the trend of
driverless vehicles, and the strong demand for electric vehicles will have a
positive impact on the market. On the other hand, the high R&D cost of side
view cameras is likely to hamper the growth of the side view camera system
market.
Competitive Landscape
The notable players in the Side View Camera System market include
Continental AG, Mitsubishi Electric Corporation, Samsung Electro-Mechanics,
Kyocera Corporation, Stoneridge, Inc., Valeo, Robert Bosch GmbH, Magna
International Inc., Panasonic Corporation, and Denso Corporation, among others.
Market Segmentation
Side View Camera System Market by Camera Type:
·
Single Camera System
·
Multi Camera System
Side View Camera System Market by Component Type:
·
Camera
·
ECU
·
Display
o
Liquid Crystal Display (LCD)
o
Thin Film Transistor-Liquid Crystal Display
(TFT-LCD)
o
Organic Light Emitting Diode (OLED)
·
Others
Side View Camera System Market by Vehicle Type:
·
Passenger Car
·
Commercial Vehicle
o
Bus
o
Truck
Side View Camera System Market by Region:
·
North America
o
United States of America
o
Canada
·
Asia Pacific
o
China
o
Japan
o
India
o
Rest of APAC
·
Europe
o
United Kingdom
o
Germany
o
France
o
Spain
o
Rest of Europe
·
RoW
o
Brazil
o
South Africa
o
Saudi Arabia
o
UAE
o
Rest of the world (remaining countries of the
LAMEA region)
About Noah
Research
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