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Worldwide Automotive Surround View Systems Industry to 2026 - Featuring Valeo, Magna International and Continental Among Others


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The global automotive surround view systems market exhibited strong growth during 2015-2020. 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. Looking forward, the publisher expects the global automotive surround view systems mar ....

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Technavio Research: Technavio Projects $ 5 Billion Growth in Automotive Surround View Systems Market During 2020-2024 | Rising Penetration of ADAS to be a Major Trend


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The global automotive surround view systems market is poised to grow by USD 4.98 billion during 2020-2024, progressing at a CAGR of about 11% during the forecast period. Technavio calculates the market size based on combined revenue generated by vendors operating in the market. Factors such as advancements in technology leading to affordable camera-assisted safety technologies, increased use of electric components in automobiles, and the integration of advanced automotive safety systems are crucial in driving the growth of the market.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201216005973/en/
Technavio has announced its latest market research report titled Global Automotive Surround View Systems Market 2020-2024 (Graphic: Business Wire) ....

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