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Automotive Surround View Systems Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global automotive surround view systems market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 18% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end-use sectors. These insights are included in the report as a major market contributor.

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.

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 industry in any manner.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global biodegradable cutlery market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, type, functioning, vehicle type and end-user.

Market Breakup by Type:

  • Touch Screen Control
  • Infrared Remote Control
  • Others
     

Market Breakup by Functioning:

  • Automatic
  • Manual
     

Market Breakup by Vehicle Type:

  • Commercial Vehicles
  • Passenger Vehicles
     

Market Breakup by End-User:

  • Aftermarket
  • OEMs
     

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.

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$), 2015-2020
Figure 3: Global: Automotive Surround View Systems Market: Breakup by Type (in %), 2020
Figure 4: Global: Automotive Surround View Systems Market: Breakup by Functioning (in %), 2020
Figure 5: Global: Automotive Surround View Systems Market: Breakup by Vehicle Type (in %), 2020
Figure 6: Global: Automotive Surround View Systems Market: Breakup by End-User (in %), 2020
Figure 7: Global: Automotive Surround View Systems Market: Breakup by Region (in %), 2020
Figure 8: Global: Automotive Surround View Systems Market Forecast: Sales Value (in Billion US$), 2021-2026
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$), 2015 & 2020
Figure 13: Global: Automotive Surround View Systems (Touch Screen Control) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 14: Global: Automotive Surround View Systems (Infrared Remote Control) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 15: Global: Automotive Surround View Systems (Infrared Remote Control) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 16: Global: Automotive Surround View Systems (Other Types) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 17: Global: Automotive Surround View Systems (Other Types) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 18: Global: Automotive Surround View Systems (Automatic) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 19: Global: Automotive Surround View Systems (Automatic) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 20: Global: Automotive Surround View Systems (Manual) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 21: Global: Automotive Surround View Systems (Manual) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 22: Global: Automotive Surround View Systems (Commercial Vehicles) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 23: Global: Automotive Surround View Systems (Commercial Vehicles) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 24: Global: Automotive Surround View Systems (Passenger Vehicles) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 25: Global: Automotive Surround View Systems (Passenger Vehicles) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 26: Global: Automotive Surround View Systems (Aftermarket) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 27: Global: Automotive Surround View Systems (Aftermarket) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 28: Global: Automotive Surround View Systems (OEMs) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 29: Global: Automotive Surround View Systems (OEMs) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 30: North America: Automotive Surround View Systems Market: Sales Value (in Billion US$), 2015 & 2020
Figure 31: North America: Automotive Surround View Systems Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 32: Europe: Automotive Surround View Systems Market: Sales Value (in Billion US$), 2015 & 2020
Figure 33: Europe: Automotive Surround View Systems Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 34: Asia Pacific: Automotive Surround View Systems Market: Sales Value (in Billion US$), 2015 & 2020
Figure 35: Asia Pacific: Automotive Surround View Systems Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 36: Middle East and Africa: Automotive Surround View Systems Market: Sales Value (in Billion US$), 2015 & 2020
Figure 37: Middle East and Africa: Automotive Surround View Systems Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 38: Latin America: Automotive Surround View Systems Market: Sales Value (in Billion US$), 2015 & 2020
Figure 39: Latin America: Automotive Surround View Systems Market Forecast: Sales Value (in Billion US$), 2021-2026

List of Tables

Table 1: Global: Automotive Surround View Systems Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Automotive Surround View Systems Market Forecast: Breakup by Type (in Billion US$), 2021-2026
Table 3: Global: Automotive Surround View Systems Market Forecast: Breakup by Functioning (in Billion US$), 2021-2026
Table 4: Global: Automotive Surround View Systems Market Forecast: Breakup by Vehicle Type (in Billion US$), 2021-2026
Table 5: Global: Automotive Surround View Systems Market Forecast: Breakup by End-User (in Billion US$), 2021-2026
Table 6: Global: Automotive Surround View Systems Market Forecast: Breakup by Region (in Billion US$), 2021-2026
Table 7: Global: Automotive Surround View Systems Market Structure
Table 8: Global: Automotive Surround View Systems Market: Key Players

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Key Question Answered in this Report

According to the estimates by IMARC Group, the global automotive surround view systems market is expected to witness a CAGR of 18% from 2021 to 2026.

Due to the growing road traffic, there is a significant rise in the demand for advanced safety devices, such as automotive surround view systems, which represents one of the key drivers for the global automotive surround view systems market.

The rising integration of automotive surround view systems with several advanced technologies, such as AI, IoT, machine learning, etc., represents one of the key trends in the global automotive surround view systems market.

Sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in temporary shutdown of numerous automotive manufacturing units, thereby negatively impacting the demand for automotive surround view systems.

On the basis of the type, the market has been bifurcated into touch screen control, infrared remote control, and others. Currently, touch screen control holds the majority of the total market share.

On the basis of the functioning, the market has been divided into automatic functioning and manual functioning. Among these, automatic functioning represents the largest segment.

On the basis of the vehicle type, the market has been bifurcated into commercial vehicles and passenger vehicles. Among these, passenger vehicles exhibit a clear dominance in the market.

On the basis of the end-user, the market has been segmented into aftermarket and OEMs. At present, OEMs account for the majority of market share.

Region-wise, the market has been classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America, where Europe dominates the global market.

The key companies in the global automotive surround view systems market are Valeo, Magna International, Continental AG, Clarion, Denso, Renesas Electronics, Aisin Seiki, Texas Instruments, Ambarella, Bosch Mobility Solutions, Xylon – logicBRICKS, Renesas Electronics, Mobileye, etc.

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