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Market Snapshot

CAGR:7.53

2023

2032

Source: Market Expertz

Study Period	2019-2032
Base Year	2023
Forcast Year	2023-2032
CAGR	7.53

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Report Overview

Automotive Surround View Camera Market Analysis Report 2023-2032

The Automotive Surround View Camera Market is projected to experience a Compound Annual Growth Rate (CAGR) of 7.95% between 2022 and 2032. Over this period, the market size is expected to witness a substantial increase of USD 1,943.75 million. The growth of this market is driven by several factors, including the increasing demand for enhanced safety and parking assistance, the advancement of autonomous and semi-autonomous vehicles, and the need to reduce accidents and improve maneuverability.

Automotive Surround View Camera Market Overview

Drivers

One of the key drivers fueling the expansion of the Automotive Surround View Camera Market is the growing demand for enhanced safety and parking assistance. Drivers are increasingly relying on advanced camera systems to provide a 360-degree view of their vehicle's surroundings, aiding in parking and maneuvering in tight spaces.

Furthermore, the advancement of autonomous and semi-autonomous vehicles is a significant driver. These vehicles require sophisticated camera systems to navigate and make informed decisions based on real-time visual data. As the development and adoption of autonomous technologies continue, the demand for surround view camera systems is expected to rise.

Trends

An important trend shaping the Automotive Surround View Camera Market is the integration of surround view cameras with other advanced driver assistance systems (ADAS). These integrated systems provide a comprehensive view of the vehicle's surroundings and can enhance safety by alerting drivers to potential hazards.

Additionally, advancements in camera technology, such as high-resolution and low-light capabilities, are driving market dynamics. Manufacturers are constantly improving camera systems to provide clearer and more detailed images, even in challenging lighting conditions.

Restraints

One of the challenges facing the Automotive Surround View Camera Market is the potential increase in vehicle cost. While these camera systems offer valuable safety and convenience features, their integration into vehicles may add to the overall cost. Automakers must carefully balance the benefits of surround view cameras with the cost implications to meet consumer expectations.

Furthermore, the need for increased maintenance and potential reliability issues associated with camera systems can be a restraint. Consumers may be concerned about the long-term maintenance costs and reliability of surround view camera-equipped vehicles, which could impact their adoption.

Automotive Surround View Camera Market Segmentation By Application

The passenger car segment is expected to be a prominent growth segment within the Automotive Surround View Camera Market. Consumers in the passenger car segment are increasingly seeking advanced safety and convenience features, making surround view cameras an attractive option.

Additionally, the commercial vehicle segment constitutes a significant application area for surround view cameras. Commercial vehicles, including trucks and buses, benefit from these systems by improving driver visibility and reducing the risk of accidents, particularly in urban settings.

Automotive Surround View Camera Market Segmentation By Technology

The 3D surround view camera technology segment is projected to experience significant growth during the forecast period. 3D surround view cameras provide a more immersive and detailed view of the vehicle's surroundings, enabling better situational awareness for drivers and autonomous systems.

Another crucial technology within the Automotive Surround View Camera Market is the 2D surround view camera technology segment. These cameras provide a top-down view of the vehicle's surroundings, aiding in parking and maneuvering.

Regional Overview:

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The Asia-Pacific (APAC) region, particularly China, is anticipated to be a key driver of global Automotive Surround View Camera Market growth. The growing automotive market in APAC, coupled with increasing consumer demand for safety features, is driving the adoption of surround view camera systems.

The market experienced a temporary slowdown during the COVID-19 pandemic as immediate health and economic challenges took precedence. However, as safety features regain prominence in the post-pandemic era, the Automotive Surround View Camera Market is expected to witness renewed momentum. Businesses and consumers are expected to prioritize advanced safety systems, including surround view cameras.

Automotive Surround View Camera Market Customer Landscape

The Automotive Surround View Camera Market report offers insights into the adoption patterns of the market, ranging from early adopters to laggards. The report examines adoption rates across different regions based on penetration levels. Moreover, the report delves into key criteria influencing purchase decisions and factors affecting price sensitivity. These insights assist automakers in formulating effective strategies for integrating surround view camera systems into their vehicles and meeting the demands of safety-conscious consumers.

Major Automotive Surround View Camera Market Companies

Prominent players in the Automotive Surround View Camera Market are implementing diverse strategies to bolster their market presence. These strategies include strategic collaborations, mergers and acquisitions, new product offerings, geographic expansion, and technological innovations.

Sample list of major companies in the market:

Continental AG
Robert Bosch GmbH
Valeo S.A.
Aptiv PLC
Magna International Inc.

Qualitative and quantitative analyses of these companies offer valuable insights into the competitive landscape. This analysis enables stakeholders to comprehend market dynamics and assess the strengths and weaknesses of key players. The categorization of companies based on their market focus and influence provides a comprehensive view of the competitive environment.

Segment Overview

The Automotive Surround View Camera Market report provides revenue forecasts on a global, regional, and country level. The report also includes an analysis of emerging trends and growth opportunities spanning from 2019 to 2032.

Application Outlook (USD Million, 2019 - 2032)

Passenger Cars
Commercial Vehicles
Others

Technology Outlook (USD Million, 2019 - 2032)

3D Surround View Camera Technology
2D Surround View Camera Technology
Others

Geography Outlook (USD Million, 2019 - 2032)

North America

United States
Canada

Europe

United Kingdom
Germany
France
Rest of Europe

APAC

China
Japan
India
Rest of APAC

Latin America

Brazil
Mexico
Rest of Latin America

Middle East & Africa

United Arab Emirates
South Africa
Rest of Middle East & Africa

TABLE OF CONTENTS: GLOBAL AUTOMOTIVE SURROUND VIEW CAMERA MARKET

Chapter 1. MARKET SYNOPSIS

1.1. Market Definition

1.2. Research Scope & Premise

1.3. Methodology

1.4. Market Estimation Technique

Chapter 2. EXECUTIVE SUMMARY

2.1. Summary Snapshot, 2016 – 2027

Chapter 3. INDICATIVE METRICS

3.1. Macro Indicators

Chapter 4. AUTOMOTIVE SURROUND VIEW CAMERA MARKET SEGMENTATION & IMPACT ANALYSIS

4.1. Automotive Surround View Camera Segmentation Analysis

4.2. Industrial Outlook

4.3. Price Trend Analysis

4.4. Regulatory Framework

4.5. Porter’s Five Forces Analysis

4.5.1. Power Of Suppliers

4.5.2. Power Of Buyers

4.5.3. Threat Of Substitutes

4.5.4. Threat Of New Entrants

4.5.5. Competitive Rivalry

Chapter 5. AUTOMOTIVE SURROUND VIEW CAMERA MARKET BY Camera Functioning INSIGHTS & TRENDS

5.1. Segment 1 Dynamics & Market Share, 2019 & 2027

5.2. Automatic

5.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

5.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

5.3. Manual

5.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

5.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

Chapter 6. AUTOMOTIVE SURROUND VIEW CAMERA MARKET BY Vehicle Type INSIGHTS & TRENDS

6.1. Segment 2 Dynamics & Market Share, 2019 & 2027

6.2. Passenger Vehicles

6.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

6.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

6.3. Commercial Vehicles

6.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

6.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

Chapter 7. AUTOMOTIVE SURROUND VIEW CAMERA MARKET REGIONAL OUTLOOK

7.1. Automotive Surround View Camera Market Share By Region, 2019 & 2027

7.2. NORTH AMERICA

7.2.1. North America Automotive Surround View Camera Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.2.2. North America Automotive Surround View Camera Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.2.3. North America Automotive Surround View Camera Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.2.4. North America Automotive Surround View Camera Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.2.5. U.S.

7.2.5.1. U.S. Automotive Surround View Camera Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.2.5.2. U.S. Automotive Surround View Camera Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.2.5.3. U.S. Automotive Surround View Camera Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.2.5.4. U.S. Automotive Surround View Camera Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.2.6. CANADA

7.2.6.1. Canada Automotive Surround View Camera Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.2.6.2. Canada Automotive Surround View Camera Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.2.6.3. Canada Automotive Surround View Camera Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.2.6.4. Canada Automotive Surround View Camera Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3. EUROPE

7.3.1. Europe Automotive Surround View Camera Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.2. Europe Automotive Surround View Camera Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.3. Europe Automotive Surround View Camera Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.4. Europe Automotive Surround View Camera Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.5. GERMANY

7.3.5.1. Germany Automotive Surround View Camera Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.5.2. Germany Automotive Surround View Camera Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.5.3. Germany Automotive Surround View Camera Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.5.4. Germany Automotive Surround View Camera Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.6. FRANCE

7.3.6.1. France Automotive Surround View Camera Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.6.2. France Automotive Surround View Camera Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.6.3. France Automotive Surround View Camera Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.6.4. France Automotive Surround View Camera Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.7. U.K.

7.3.7.1. U.K. Automotive Surround View Camera Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.7.2. U.K. Automotive Surround View Camera Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.7.3. U.K. Automotive Surround View Camera Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.7.4. U.K. Automotive Surround View Camera Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4. ASIA-PACIFIC

7.4.1. Asia Pacific Automotive Surround View Camera Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.2. Asia Pacific Automotive Surround View Camera Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.3. Asia Pacific Automotive Surround View Camera Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.4. Asia Pacific Automotive Surround View Camera Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.5. CHINA

7.4.5.1. China Automotive Surround View Camera Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.5.2. China Automotive Surround View Camera Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.5.3. China Automotive Surround View Camera Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.5.4. China Automotive Surround View Camera Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.6. INDIA

7.4.6.1. India Automotive Surround View Camera Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.6.2. India Automotive Surround View Camera Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.6.3. India Automotive Surround View Camera Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.6.4. India Automotive Surround View Camera Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.7. JAPAN

7.4.7.1. Japan Automotive Surround View Camera Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.7.2. Japan Automotive Surround View Camera Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.7.3. Japan Automotive Surround View Camera Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.7.4. Japan Automotive Surround View Camera Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.8. AUSTRALIA

7.4.8.1. Australia Automotive Surround View Camera Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.8.2. Australia Automotive Surround View Camera Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.8.3. Australia Automotive Surround View Camera Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.8.4. Australia Automotive Surround View Camera Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.5. MIDDLE EAST AND AFRICA (MEA)

7.5.1. Mea Automotive Surround View Camera Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.5.2. Mea Automotive Surround View Camera Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.5.3. Mea Automotive Surround View Camera Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.5.4. Mea Automotive Surround View Camera Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.6. LATIN AMERICA

7.6.1. Latin America Automotive Surround View Camera Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.6.2. Latin America Automotive Surround View Camera Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.6.3. Latin America Automotive Surround View Camera Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.6.4. Latin America Automotive Surround View Camera Market Estimates And Forecast By Production Process, 2016 –2027, (USD Million)

7.6.5. Latin America Automotive Surround View Camera Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

Chapter 8. COMPETITIVE LANDSCAPE

8.1. Market Share By Manufacturers

8.2. Strategic Benchmarking

8.2.1. New Product Launches

8.2.2. Investment & Expansion

8.2.3. Acquisitions

8.2.4. Partnerships, Agreement, Mergers, Joint-Ventures

8.3. Vendor Landscape

8.3.1. North American Suppliers

8.3.2. European Suppliers

8.3.3. Asia-Pacific Suppliers

8.3.4. Rest Of The World Suppliers

Chapter 9. COMPANY PROFILES

9.1. Robert Bosch

9.1.1. Company Overview

9.1.2. Financial Performance

9.1.3. Product Insights

9.1.4. Strategic Initiatives

9.2. Continental

9.2.1. Company Overview

9.2.2. Financial Performance

9.2.3. Product Insights

9.2.4. Strategic Initiatives

9.3. Harman International

9.3.1. Company Overview

9.3.2. Financial Performance

9.3.3. Product Insights

9.3.4. Strategic Initiatives

9.4. Hitachi Automotive Systems

9.4.1. Company Overview

9.4.2. Financial Performance

9.4.3. Product Insights

9.4.4. Strategic Initiatives

9.5. Hyundai Mobis

9.5.1. Company Overview

9.5.2. Financial Performance

9.5.3. Product Insights

9.5.4. Strategic Initiatives

9.6. Infineon

9.6.1. Company Overview

9.6.2. Financial Performance

9.6.3. Product Insights

9.6.4. Strategic Initiatives

9.7. Maxim Integrated

9.7.1. Company Overview

9.7.2. Financial Performance

9.7.3. Product Insights

9.7.4. Strategic Initiatives

9.8. Mitsubishi Electric

9.8.1. Company Overview

9.8.2. Financial Performance

9.8.3. Product Insights

9.8.4. Strategic Initiatives

9.9. NXP Semiconductor

9.9.1. Company Overview

9.9.2. Financial Performance

9.9.3. Product Insights

9.9.4. Strategic Initiatives

9.10. Panasonic

9.10.1. Company Overview

9.10.2. Financial Performance

9.10.3. Product Insights

9.10.4. Strategic Initiatives

RESEARCH METHODOLOGY

A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.

Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.

Now let’s take a closer look at the research methods here.

Secondary Research Model

Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.

Primary Insights

Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.

However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.

Market Estimation

The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.

Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.

Final Presentation

The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.

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Automotive Surround View Camera Market Size, Type Analysis, Application Analysis, End-Use, Industry Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2023-2032