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Automotive Surround View Systems Market by Vehicle Type and Geography - Forecast and Analysis 2020-2024

  • Published: Dec 2020
  • Pages: 120
  • SKU: IRTNTR45898
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The automotive surround view systems market size has the potential to grow by USD 4.98 billion during 2020-2024, and the market’s growth momentum will accelerate during the forecast period.

This report provides a detailed analysis of the market by vehicle type (passenger cars and commercial vehicles) and geography (Europe, North America, APAC, MEA, and South America). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including BorgWarner Inc., Clarion Co. Ltd., Continental AG, Fujitsu Ltd., Intel Corp., OmniVision Technologies Inc., Renesas Electronics Corp., Robert Bosch GmbH, Samsung Electronics Co. Ltd., and Valeo SA.

Market Overview

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Market Competitive Analysis

The market is fragmented. BorgWarner Inc., Clarion Co. Ltd., Continental AG, Fujitsu Ltd., Intel Corp., OmniVision Technologies Inc., Renesas Electronics Corp., Robert Bosch GmbH, Samsung Electronics Co. Ltd., and Valeo SA are some of the major market participants. Factors such as advancements in technology leading to affordable camera-assisted safety technologies will offer immense growth opportunities. However, the low adoption rate of ADAS due to high prices and difficulty of use may impede market growth. To make the most of the opportunities, vendors should focus on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market position, this automotive surround view systems market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this automotive surround view systems market analysis report provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

This report provides information on the production, sustainability, and prospects of several leading companies, including:

  • BorgWarner Inc.
  • Clarion Co. Ltd.
  • Continental AG
  • Fujitsu Ltd.
  • Intel Corp.
  • OmniVision Technologies Inc.
  • Renesas Electronics Corp.
  • Robert Bosch GmbH
  • Samsung Electronics Co. Ltd.
  • Valeo SA

 

Automotive Surround View Systems Market: Segmentation by Geography

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The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. APAC will offer several growth opportunities to market vendors during the forecast period. The increasing penetration rate of ADAS and advanced safety systems in commercial vehicles will significantly influence the automotive surround view systems market's growth in this region.

35% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for automotive surround view systems in APAC. This report provides an accurate prediction of the contribution of all segments to the growth of the automotive surround view systems market size.

Automotive Surround View Systems Market: Key Highlights of the Report for 2020-2024

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will drive automotive surround view systems market growth during the next five years
  • Precise estimation of the automotive surround view systems market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the automotive surround view systems industry across Europe, North America, APAC, MEA, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of automotive surround view systems market vendors

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Market characteristics
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2019
    • Market outlook: Forecast for 2019 - 2024

    Five Forces Analysis

    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Vehicle type

    • Market segments
    • Comparison by Vehicle type
    • Passenger cars - Market size and forecast 2019-2024
    • Commercial vehicles - Market size and forecast 2019-2024
    • Market opportunity by Vehicle type

    Customer landscape

    • Overview

    Geographic Landscape

    • Geographic segmentation
    • Geographic comparison
    • Europe - Market size and forecast 2019-2024
    • North America - Market size and forecast 2019-2024
    • APAC - Market size and forecast 2019-2024
    • MEA - Market size and forecast 2019-2024
    • South America - Market size and forecast 2019-2024
    • Key leading countries
    • Market opportunity by geography
    • Market drivers
    • Market challenges
    • Market trends

    Vendor Landscape

    • Competitive scenario
    • Overview
    • Landscape disruption
    • Industry risks

    Vendor Analysis

    • Vendors covered
    • Market positioning of vendors
    • BorgWarner Inc.
    • Clarion Co. Ltd.
    • Continental AG
    • Fujitsu Ltd.
    • Intel Corp.
    • OmniVision Technologies Inc.
    • Renesas Electronics Corp.
    • Robert Bosch GmbH
    • Samsung Electronics Co. Ltd.
    • Valeo SA

    Appendix

    • Scope of the report
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations

    Research Framework

    Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

    TechnavioINFORMATION SOURCES

    Primary sources

    • Manufacturers and suppliers
    • Channel partners
    • Industry experts
    • Strategic decision makers

    Secondary sources

    • Industry journals and periodicals
    • Government data
    • Financial reports of key industry players
    • Historical data
    • Press releases
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    TechnavioDATA ANALYSIS

    Data Synthesis

    • Collation of data
    • Estimation of key figures
    • Analysis of derived insights

    Data Validation

    • Triangulation with data models
    • Reference against proprietary databases
    • Corroboration with industry experts
    Technavio

    TechnavioREPORT WRITING

    Qualitative

    • Market drivers
    • Market challenges
    • Market trends
    • Five forces analysis

    Quantitative

    • Market size and forecast
    • Market segmentation
    • Geographical insights
    • Competitive landscape
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    The automotive surround view systems market growth will increase by $4984.96 million during 2019-2024.
    The automotive surround view systems market is expected to grow at a CAGR of 11.02% during 2019-2024.
    Technavio has segmented the automotive surround view systems market by other1 (Passenger cars and Commercial vehicles) and geographic (Europe, North America, APAC, MEA, and South America).
    BorgWarner Inc., Clarion Co. Ltd., Continental AG, Fujitsu Ltd., Intel Corp., OmniVision Technologies Inc., Renesas Electronics Corp., Robert Bosch GmbH, Samsung Electronics Co. Ltd., Valeo SA are a few of the key vendors in the automotive surround view systems market.
    APAC will register the highest growth rate of 34.56% among the other regions. Therefore, the automotive surround view systems market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
    The key factors driving the automotive surround view systems market growth are:
    • Advancements in technology leading to affordable camera-assisted safety technologies
    The automotive surround view systems market vendors should focus on grabbing business opportunities from the passenger cars segment as it accounted for the largest market share in the base year.
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