The Side-view Camera System Market Trends:
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 2020, while Europe and the Asia Pacific accounted for 28 and 31 percent, respectively.
Despite a huge decline in the sales of products during the initial phase of pandemic spread and lockdown restrictions all over the region, the market is observed to pick up a quick pace for registering a CAGR of almost more than 113 %, during the tenure of 2021 – 2027.
The report published by Maximize encompasses the market dynamics, which could affect the market growth of Automotive Steering Systemin the region, the Value – Chain analysis, and the PORTER’s analysis for the Side-view Camera System Market at a global level.
The study is consolidated based on two major segments and further into sub-segments, By Camera Type (Single Camera System, Multi Camera System), By Component (Camera, ECU, Display), By Vehicle Type (Passenger Car, Commercial Car) to forecast the market size by value; also, application includes the analysis of past market dynamics from 2016 to 2020, considering 2020 as the base year.
By Component, the display segment is expected to grow at an xx percent CAGR over the forecast period due to its highest share in the overall cost of the side view camera system. Furthermore, increased investments in the development of higher-quality organic light-emitting diode panels, as well as the increasing use of advanced display solutions in cars, are some of the main factors driving the market in this segment forward.
Lastly, the market research report provides a regional comparison and a complete country-level analysis for the latest trends, along with the major key players (Stonebridge, FICOSA International S.A., Kappa Optronics GmbH, Magna International, SL Corporation, Continental AG, Samvardhana Motherson, Aptiv PLC, Clarion, Mobileye, OBniVision Technologies, Hitachi Automotive Systems, Valeo, Robert Bosch GmbH, ZF Friedrichshafen) in the Side-view Camera System Market across the region.
You can browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on the “Global Side-view Camera System Market.”
https://www.maximizemarketresearch.com/market-report/global-side-view-camera-system-market/119221/
Contact:
MAXIMIZE MARKET RESEARCH PVT. LTD.
3rd Floor, Office no. 4,
Navale IT Zone Phase-2,
Mumbai -Bangalore bypass highway,
Pune- 411041
Maharashtra, India
+91 9607195908