Side-view Camera System Market: Global Industry Analysis and Forecast (2023-2029)

Side-view Camera System Market is anticipated to reach USD 1750.41 Mn. by 2029 from USD 8.97 Mn. in 2022 at a CAGR of 112.4% during a forecast period.

Side-view Camera System Market Overview:

A side view camera displays an enlarged image of the lane beside the driver while turning the signal or manually activating the feature. The cameras are mounted on the side mirrors and offer a right and left vision of the vehicle, allowing the driver to move through a small route or park the car effectively. Region-Wise, the market of North America accounted for 39 percent of market share in 2022, while Europe and the Asia Pacific accounted for 28 and 31 percent, respectively.Side-view Camera System MarketTo know about the Research Methodology:- Request Free Sample Report

Side-view Camera System Market Dynamics:

As demand for automotive solutions that improve driver and passenger safety grows, the market for side view camera systems is expected to grow during the forecast period. As a result, vehicle manufacturers are including various components into their vehicles, such as side-view cameras, which provide a clear image of the vehicle's surroundings, boosting the global side-view camera system market. Similarly, the side-view camera system market is expected to grow as more severe rules governing vehicle safety requirements are enacted across the world. Increased integration of entertainment systems in vehicles is expected to boost the global market for side-view camera systems. Increased use of advanced features in cars, like blind-spot monitoring systems, night vision camera systems, traffic management systems, and lane departure warning systems are driving the side-view camera system markets growth. In addition, the global market for side-view camera systems is expected to grow as demand for advanced driver assistance systems in vehicles rises. The side-view camera is an important part of advanced driver assistance systems technology since it provides a complete picture of the vehicle's surroundings. Parking assist, lane departure, pedestrian detection, blindside detection, and adaptive cruise control are examples of ADAS applications that use surround-view cameras. To compete in the ADAS market, renowned automakers are incorporating these systems into passenger automobiles. For example, area view is a camera-based surveillance system that gives a 360-degree view of Volkswagen's surroundings via the infotainment system. With the Area View solution, parking operations are much simplified. The development of the side view camera system market will be aided by an increase in the number of passenger automobiles and the R&D connected with driver assistance systems.

Side-view Camera System Market Segment Analysis:

By Vehicle Type, the passenger car segment is expected to grow at an xx percent CAGR during the forecast period due to a rise in the use of side-view camera systems in premium passenger vehicles such as BMW and Audi. Other key reasons driving growth for the side view camera system in this segment include the rising desire for automobiles with better safety features as well as a higher degree of comfort. The side view camera market is expected to gain traction as more vehicles integrate driver assistance technologies to guarantee the safety of drivers, passengers, pedestrians, and animals on the road. Despite a drop in passenger car registrations in 2022 as a result of the coronavirus pandemic, the market is recovering traction in 2022 due to the easing of lockdowns. Globally, 56 billion passenger vehicles were sold in 2022, down 11.7 percent from the previous year. China was the world's largest regional market for vehicles in 2022, with over 20 billion units sold those accounts for 38.33% of the world's car sales. Where Japan, the United States of America, Germany, and India account for 62.19% world's total passenger car sales.

Side-view Camera System Market Regional Insights:

Europe is expected to account for a largest share of xx% of the worldwide side-view camera system market, due to an increase in demand for safety and comfort features in cars throughout the region. The presence of major original equipment manufacturers like Ficosa International SA, Valeo, and Denso Corporation, who have major facilities for research and development on vehicle safety features is expected to propel the side-view camera system market globally. In Germany, the side view camera system market is expected to grow at a 30% CAGR by 2029, owing to the region's strong automotive sector, which includes famous manufacturers like BMW AG, Mercedes-Benz, and Audi AG investing substantially in ADAS research and development. As of 2022, the European Automobile Manufacturers Association estimates that the country has around 47 billion passenger automobiles. Side view cameras are becoming more popular as a means of guaranteeing passenger car safety and lowering the incidence of accidents. In 2022, the Asia Pacific side view camera system market accounted for 25% of total revenue. The market is expected to grow as countries like Taiwan, India, and China work to improve their electronic component manufacturing capabilities. Nissan, Hyundai Motor Group, and Toyota Motor Corporation are all working hard to improve their positions in the global ADAS market. Hyundai Mobis, for example, created South Korea's first camera monitor system with high-performance video sensors in July 2022 to achieve reliable autonomous driving. According to Vision 2022, the new standards seek to safeguard pedestrians and reduce road fatalities from about 6 per 100,000 to 3 per 100,000. Such measures, together with an increase in the number of cars on the road, are expected to support the market's growth. Leading market key players are working to demonstrate the opportunity to side-view camera system market. Major players are involved in adopting maintainable strategies to gain competitive edges such as new product launches, product up-gradation, and M&A, collaborative agreements. For example, Magna International Inc. increased its presence in Morocco in 2022 by establishing a new factory in Kenitra. The business aimed to supply external and interior mirror systems to automakers through this facility, therefore improving the driver's experience using intelligent vision technologies. Robert Bosch GmbH introduced a digital mirror system for Nikola Two vehicles in 2022. The Nikola trucks will be equipped with this digital mirror system, which will support the double steering system.

Side-view Camera System Market Scope: Inquire before buying

Side-view Camera System Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2017 to 2022 Market Size in 2022: USD 8.97 Mn.
Forecast Period 2023 to 2029 CAGR: 112.4% Market Size in 2029: USD 1750.413888 Mn.
Segments Covered: by Camera Type • Single Camera System • Multi Camera System
by Component • Camera • ECU • Display
by Vehicle Type • Passenger Car • Commercial Car

Side-view Camera System Market, by Region:

North America (United States, Canada and Mexico) • Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) • Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) • Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) • South America (Brazil, Argentina Rest of South America)

Side-view Camera System Market Key Players:

• FICOSA International S.A. • Kappa Optronics GmbH • Magna International • SL Corporation • Stonebridge • Continental AG • Samvardhana Motherson • Aptiv PLC • Clarion • Mobileye • OBniVision Technologies • Hitachi Automotive Systems • Valeo • Robert Bosch GmbH • ZF Friedrichshafen Frequently Asked Questions: 1. Which region has the largest share in Global Side-view Camera System Market? Ans: Europe region holds the highest share in 2022. 2. What is the growth rate of Global Side-view Camera System Market? Ans: The Global Side-view Camera System Market is growing at a CAGR of 112.4% during forecasting period 2023-2029. 3. What is scope of the Global Side-view Camera System market report? Ans: Global Side-view Camera System Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Side-view Camera System market? Ans: The important key players in the Global Side-view Camera System Market are – FICOSA International S.A., Kappa Optronics GmbH, Magna International, SL Corporation, Stonebridge, Continental AG, Samvardhana Motherson, Aptiv PLC, Clarion, Mobileye, OBniVision Technologies, Hitachi Automotive Systems, and Valeo. 5. What is the study period of this market? Ans: The Global Side-view Camera System Market is studied from 2022 to 2029.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Side-view Camera System Market Size, by Market Value (US$ Bn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2021 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Side-view Camera System Market 3.4. Geographical Snapshot of the Side-view Camera System Market, By Manufacturer share 4. Global Side-view Camera System Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Side-view Camera System Market 5. Supply Side and Demand Side Indicators 6. Global Side-view Camera System Market Analysis and Forecast, 2022-2029 6.1. Global Side-view Camera System Market Size & Y-o-Y Growth Analysis. 7. Global Side-view Camera System Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Camera Type, 2022-2029 7.1.1. Single Camera System 7.1.2. Multi Camera System 7.2. Market Size (Value) Estimates & Forecast By Component, 2022-2029 7.2.1. Camera 7.2.2. ECU 7.2.3. Display 7.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 7.3.1. Passenger Car 7.3.2. Commercial Car 8. Global Side-view Camera System Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Side-view Camera System Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Camera Type,2022-2029 9.1.1. Single Camera System 9.1.2. Multi Camera System 9.2. Market Size (Value) Estimates & Forecast By Component, 2022-2029 9.2.1. Camera 9.2.2. ECU 9.2.3. Display 9.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 9.3.1. Passenger Car 9.3.2. Commercial Car 10. North America Side-view Camera System Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Side-view Camera System Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Camera Type,2022-2029 11.2. Market Size (Value) Estimates & Forecast By Component, 2022-2029 11.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 12. Canada Side-view Camera System Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Camera Type,2022-2029 12.2. Market Size (Value) Estimates & Forecast By Component, 2022-2029 12.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 13. Mexico Side-view Camera System Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Camera Type,2022-2029 13.2. Market Size (Value) Estimates & Forecast By Component, 2022-2029 13.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 14. Europe Side-view Camera System Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Camera Type,2022-2029 14.2. Market Size (Value) Estimates & Forecast By Component, 2022-2029 14.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 15. Europe Side-view Camera System Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Side-view Camera System Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Camera Type,2022-2029 16.2. Market Size (Value) Estimates & Forecast By Component, 2022-2029 16.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 17. France Side-view Camera System Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Camera Type,2022-2029 17.2. Market Size (Value) Estimates & Forecast By Component, 2022-2029 17.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 18. Germany Side-view Camera System Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Camera Type,2022-2029 18.2. Market Size (Value) Estimates & Forecast By Component, 2022-2029 18.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 19. Italy Side-view Camera System Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Camera Type,2022-2029 19.2. Market Size (Value) Estimates & Forecast By Component, 2022-2029 19.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 20. Spain Side-view Camera System Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Camera Type,2022-2029 20.2. Market Size (Value) Estimates & Forecast By Component, 2022-2029 20.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 21. Sweden Side-view Camera System Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Camera Type,2022-2029 21.2. Market Size (Value) Estimates & Forecast By Component, 2022-2029 21.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 22. CIS Countries Side-view Camera System Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Camera Type,2022-2029 22.2. Market Size (Value) Estimates & Forecast By Component, 2022-2029 22.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 23. Rest of Europe Side-view Camera System Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Camera Type,2022-2029 23.2. Market Size (Value) Estimates & Forecast By Component, 2022-2029 23.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 24. Asia Pacific Side-view Camera System Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Camera Type,2022-2029 24.2. Market Size (Value) Estimates & Forecast By Component, 2022-2029 24.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 25. Asia Pacific Side-view Camera System Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Side-view Camera System Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Camera Type,2022-2029 26.2. Market Size (Value) Estimates & Forecast By Component, 2022-2029 26.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 27. India Side-view Camera System Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Camera Type,2022-2029 27.2. Market Size (Value) Estimates & Forecast By Component, 2022-2029 27.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 28. Japan Side-view Camera System Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Camera Type,2022-2029 28.2. Market Size (Value) Estimates & Forecast By Component, 2022-2029 28.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 29. South Korea Side-view Camera System Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Camera Type,2022-2029 29.2. Market Size (Value) Estimates & Forecast By Component, 2022-2029 29.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 30. Australia Side-view Camera System Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Camera Type,2022-2029 30.2. Market Size (Value) Estimates & Forecast By Component, 2022-2029 30.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 31. ASEAN Side-view Camera System Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Camera Type,2022-2029 31.2. Market Size (Value) Estimates & Forecast By Component, 2022-2029 31.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 32. Rest of Asia Pacific Side-view Camera System Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Camera Type,2022-2029 32.2. Market Size (Value) Estimates & Forecast By Component, 2022-2029 32.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 33. Middle East Africa Side-view Camera System Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Camera Type,2022-2029 33.2. Market Size (Value) Estimates & Forecast By Component, 2022-2029 33.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 34. Middle East Africa Side-view Camera System Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Side-view Camera System Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Camera Type,2022-2029 35.2. Market Size (Value) Estimates & Forecast By Component, 2022-2029 35.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 36. GCC Countries Side-view Camera System Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Camera Type,2022-2029 36.2. Market Size (Value) Estimates & Forecast By Component, 2022-2029 36.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 37. Egypt Side-view Camera System Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Camera Type,2022-2029 37.2. Market Size (Value) Estimates & Forecast By Component, 2022-2029 37.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 38. Nigeria Side-view Camera System Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Camera Type,2022-2029 38.2. Market Size (Value) Estimates & Forecast By Component, 2022-2029 38.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 39. Rest of ME&A Side-view Camera System Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Camera Type,2022-2029 39.2. Market Size (Value) Estimates & Forecast By Component, 2022-2029 39.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 40. South America Side-view Camera System Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Camera Type,2022-2029 40.2. Market Size (Value) Estimates & Forecast By Component, 2022-2029 40.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 41. South America Side-view Camera System Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Side-view Camera System Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Camera Type,2022-2029 42.2. Market Size (Value) Estimates & Forecast By Component, 2022-2029 42.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 43. Argentina Side-view Camera System Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Camera Type,2022-2029 43.2. Market Size (Value) Estimates & Forecast By Component, 2022-2029 43.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 44. Rest of South America Side-view Camera System Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Camera Type,2022-2029 44.2. Market Size (Value) Estimates & Forecast By Component, 2022-2029 44.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Side-view Camera System Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile: Key Players 45.3.1. SL Corporation 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.4. Stonebridge 45.5. FICOSA International S.A. 45.6. Kappa Optronics GmbH 45.7. Magna International 45.8. SL Corporation 45.9. Continental AG 45.10. Samvardhana Motherson 45.11. Aptiv PLC 45.12. Clarion 45.13. Mobileye 45.14. OBniVision Technologies 45.15. Hitachi Automotive Systems 45.16. Valeo 45.17. Robert Bosch GmbH 45.18. ZF Friedrichshafen 46. Primary Key Insights
  • INQUIRE BEFORE BUYING