Report Overview:
The global automotive surround view systems market grew at a CAGR of 12% during 2014-2019. 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, IMARC Group expects the global automotive surround view systems market to continue its strong growth during the next five years.
Advancements in the automotive advanced driver assistance systems (ADAS) technologies have led to an increase in the sales of automotive surround view systems. the manufacturers have increased research and development to develop surround view systems with higher accuracy and advanced features. For instance, they are offering sonar-based systems that judge the distance between obstacles and give the user a warning when an object comes near another object.
IMARC Group’s latest report provides a deep insight into the global automotive surround view systems market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the automotive surround view systems market in any manner.
Report Coverage:
- Historical, Current and Future Market Trends
- Market Breakup by Type:
- Touch Screen Control
- Infrared Remote Control
- Others
- Market Breakup by Functioning:
- Market Breakup by Vehicle Type:
- Commercial Vehicles
- Passenger Vehicles
- Market Breakup by End-User:
- Market Breakup by Region:
- Europe
- North America
- Asia Pacific
- Middle East and Africa
- Latin America
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players Valeo, Magna International, Continental AG, Clarion, Denso, Renesas Electronics, Aisin Seiki, Texas Instruments, Ambarella, Bosch Mobility Solutions, Xylon – logicBRICKS, Renesas Electronics, Mobileye, etc.
Key Questions Answered in This Report:
The global automotive surround view systems market was worth US$ 6.3 Billion in 2019.
The increasing number of road injuries and several initiatives undertaken by governments of various countries to improve road safety are bolstering the market growth.
The developments in the automotive advanced driver assistance system (ADAS) technology represent the primary market trend. Moreover, leading players are investing in extensive research and development (R&D) activities to introduce surround view systems with advanced features and higher accuracy.
Due to the coronavirus disease (COVID-19) and the increasing adoption of social distancing measures in numerous countries, automotive manufacturing plants have been shut down. This has led to a decline in the vehicle sales, which, in turn, is creating a negative impact on the market.
The global automotive surround view systems market is expected to reach US$ 10.2 Billion by 2025.
Based on the type, the market is categorized into the touch screen, infrared remote, and other controls.
On the basis of the functioning, the market is categorized into the automatic and manual segments. At present, the manual segment exhibits a clear dominance in the market.
Based on the vehicle type, the market has been segmented into commercial and passenger vehicles. Passenger vehicles currently account for the majority of the total market share.
The original equipment manufacturers (OEMs) represent the largest end user, followed by aftermarket.
Region-wise, Europe holds the leading position in the market. Other major regions include North America, Asia Pacific, Middle East and Africa, and Latin America.
The leading players operating in the industry are Valeo SA, Magna International Inc., Continental AG, Clarion Co. Ltd., Denso Corporation, Renesas Electronics Corporation, Aisin Seiki Co. Ltd., Texas Instruments Incorporated, Ambarella International LP, Robert Bosch GmbH, Xylon d.o.o, and Mobileye Technologies Ltd.
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Automotive Surround View Systems Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Type
5.5 Market Breakup by Functioning
5.6 Market Breakup by Vehicle Type
5.7 Market Breakup by End-User
5.8 Market Breakup by Region
5.9 Market Forecast
6 SWOT Analysis
6.1 Overview
6.2 Strengths
6.3 Weaknesses
6.4 Opportunities
6.5 Threats
7 Value Chain Analysis
8 Porter’s Five Forces Analysis
8.1 Overview
8.2 Bargaining Power of Buyers
8.3 Bargaining Power of Suppliers
8.4 Degree of Competition
8.5 Threat of New Entrants
8.6 Threat of Substitutes
9 Market Breakup by Type
9.1 Touch Screen Control
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Infrared Remote Control
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Others
9.3.1 Market Trends
9.3.2 Market Forecast
10 Market Breakup by Functioning
10.1 Automatic
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Manual
10.2.1 Market Trends
10.2.2 Market Forecast
11 Market Breakup by Vehicle Type
11.1 Commercial Vehicles
11.1.1 Market Trends
11.1.2 Market Forecast
11.2 Passenger Vehicles
11.2.1 Market Trends
11.2.2 Market Forecast
12 Market Breakup by End-User
12.1 Aftermarket
12.1.1 Market Trends
12.1.2 Market Forecast
12.2 OEMs
12.2.1 Market Trends
12.2.2 Market Forecast
13 Market Breakup by Region
13.1 North America
13.1.1 Market Trends
13.1.2 Market Forecast
13.2 Europe
13.2.1 Market Trends
13.2.2 Market Forecast
13.3 Asia Pacific
13.3.1 Market Trends
13.3.2 Market Forecast
13.4 Middle East and Africa
13.4.1 Market Trends
13.4.2 Market Forecast
13.5 Latin America
13.5.1 Market Trends
13.5.2 Market Forecast
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Valeo
14.3.2 Magna International
14.3.3 Continental AG
14.3.4 Clarion
14.3.5 Denso
14.3.6 Renesas Electronics
14.3.7 Aisin Seiki
14.3.8 Texas Instruments
14.3.9 Ambarella
14.3.10 Bosch Mobility Solutions
14.3.11 Xylon – logicBRICKS
14.3.12 Renesas Electronics
14.3.13 Mobileye
List of Figures
Figure 1: Global: Automotive Surround View Systems Market: Major Drivers and Challenges
Figure 2: Global: Automotive Surround View Systems Market: Sales Value (in Billion US$), 2014-2019
Figure 3: Global: Automotive Surround View Systems Market: Breakup by Type (in %), 2019
Figure 4: Global: Automotive Surround View Systems Market: Breakup by Functioning (in %), 2019
Figure 5: Global: Automotive Surround View Systems Market: Breakup by Vehicle Type (in %), 2019
Figure 6: Global: Automotive Surround View Systems Market: Breakup by End-User (in %), 2019
Figure 7: Global: Automotive Surround View Systems Market: Breakup by Region (in %), 2019
Figure 8: Global: Automotive Surround View Systems Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 9: Global: Automotive Surround View Systems Industry: SWOT Analysis
Figure 10: Global: Automotive Surround View Systems Industry: Value Chain Analysis
Figure 11: Global: Automotive Surround View Systems Industry: Porter’s Five Forces Analysis
Figure 12: Global: Automotive Surround View Systems (Touch Screen Control) Market: Sales Value (in Billion US$), 2014 & 2019
Figure 13: Global: Automotive Surround View Systems (Touch Screen Control) Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 14: Global: Automotive Surround View Systems (Infrared Remote Control) Market: Sales Value (in Billion US$), 2014 & 2019
Figure 15: Global: Automotive Surround View Systems (Infrared Remote Control) Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 16: Global: Automotive Surround View Systems (Other Types) Market: Sales Value (in Billion US$), 2014 & 2019
Figure 17: Global: Automotive Surround View Systems (Other Types) Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 18: Global: Automotive Surround View Systems (Automatic) Market: Sales Value (in Billion US$), 2014 & 2019
Figure 19: Global: Automotive Surround View Systems (Automatic) Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 20: Global: Automotive Surround View Systems (Manual) Market: Sales Value (in Billion US$), 2014 & 2019
Figure 21: Global: Automotive Surround View Systems (Manual) Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 22: Global: Automotive Surround View Systems (Commercial Vehicles) Market: Sales Value (in Billion US$), 2014 & 2019
Figure 23: Global: Automotive Surround View Systems (Commercial Vehicles) Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 24: Global: Automotive Surround View Systems (Passenger Vehicles) Market: Sales Value (in Billion US$), 2014 & 2019
Figure 25: Global: Automotive Surround View Systems (Passenger Vehicles) Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 26: Global: Automotive Surround View Systems (Aftermarket) Market: Sales Value (in Billion US$), 2014 & 2019
Figure 27: Global: Automotive Surround View Systems (Aftermarket) Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 28: Global: Automotive Surround View Systems (OEMs) Market: Sales Value (in Billion US$), 2014 & 2019
Figure 29: Global: Automotive Surround View Systems (OEMs) Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 30: North America: Automotive Surround View Systems Market: Sales Value (in Billion US$), 2014 & 2019
Figure 31: North America: Automotive Surround View Systems Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 32: Europe: Automotive Surround View Systems Market: Sales Value (in Billion US$), 2014 & 2019
Figure 33: Europe: Automotive Surround View Systems Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 34: Asia Pacific: Automotive Surround View Systems Market: Sales Value (in Billion US$), 2014 & 2019
Figure 35: Asia Pacific: Automotive Surround View Systems Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 36: Middle East and Africa: Automotive Surround View Systems Market: Sales Value (in Billion US$), 2014 & 2019
Figure 37: Middle East and Africa: Automotive Surround View Systems Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 38: Latin America: Automotive Surround View Systems Market: Sales Value (in Billion US$), 2014 & 2019
Figure 39: Latin America: Automotive Surround View Systems Market Forecast: Sales Value (in Billion US$), 2020-2025
List of Tables
Table 1: Global: Automotive Surround View Systems Market: Key Industry Highlights, 2019 and 2025
Table 2: Global: Automotive Surround View Systems Market Forecast: Breakup by Type (in Billion US$), 2020-2025
Table 3: Global: Automotive Surround View Systems Market Forecast: Breakup by Functioning (in Billion US$), 2020-2025
Table 4: Global: Automotive Surround View Systems Market Forecast: Breakup by Vehicle Type (in Billion US$), 2020-2025
Table 5: Global: Automotive Surround View Systems Market Forecast: Breakup by End-User (in Billion US$), 2020-2025
Table 6: Global: Automotive Surround View Systems Market Forecast: Breakup by Region (in Billion US$), 2020-2025
Table 7: Global: Automotive Surround View Systems Market Structure
Table 8: Global: Automotive Surround View Systems Market: Key Players