Press release
Side View Camera System Industry Report 2025-2034: Market Dynamics, Trends, And Forecasts
Side View Camera System
What Is the Expected Side View Camera System Market Size During the Forecast Period?
The side view camera system market has expanded at a very rapid rate in recent years. It is projected to grow from $0 billion in 2024 to $0.01 billion in 2025, showing a CAGR of 86.2%. Factors contributing to its rise include new safety regulations, increasing interest in advanced driver assistance systems, more electric and self-driving cars, concerns over road safety, and growth in vehicle connectivity technologies.
The side view camera system market is expected to grow significantly, reaching $0.08 billion by 2029, with a CAGR of 85.9%. Growth is fueled by increased vehicle safety regulations, rising demand for luxury and high-end vehicles, the expansion of electric and autonomous vehicles, a preference for better vehicle aesthetics, and greater awareness of blind spot reduction. Trends include advancements in automotive safety, the integration of AI with cameras, innovations in sensor technology, autonomous vehicle developments, and the adoption of advanced driver-assistance systems (ADAS).
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What Are the High-Growth Segments in the Side View Camera System Market?
The side view camera system market covered in this report is segmented -
1) By Component: Camera, Electronic Control Unit (ECU), Display, Other Components
2) By Technology: Infrared Camera, Thermal Camera, Digital Camera
3) By Mounting Location: Body Mounted, Door Mounted
4) By Vehicle Type: Passenger Vehicle, Light Commercial Vehicle, Heavy Commercial Vehicle
5) By Application: Park Assist System, Driver Monitoring System, Blind Spot Detection, Night Vision System, Other Applications
Subsegments:
1) By Camera: Front Camera, Rear Camera, Side Camera
2) By Electronic Control Unit (ECU): Centralized ECU, Distributed ECU
3) By Display: In-Dash Display, Rearview Mirror Display, Head-Up Display (HUD)
4) By Other Components: Wiring Harness, Sensors (Proximity Sensors), Mounting Kits, Power Supply Units
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What Key Drivers Are Expected to Influence Future Side View Camera System Market Growth?
The increasing demand for vehicles is expected to drive the side-view camera system market. Vehicle numbers are rising due to population growth, urbanization, and improved accessibility to transportation. Side-view camera systems enhance visibility for drivers, improving safety when changing lanes or parking. For example, in January 2024, the US Energy Information Administration reported that hybrid, plug-in hybrid, and battery electric vehicle sales made up 16.3% of new light-duty vehicle sales in the US in 2023. Thus, the growing vehicle demand will boost the side-view camera systems market.
Which Companies Hold the Largest Share Across Different Side View Camera System Market Segments?
Major companies operating in the side view camera system market are Bayerische Motoren Werke AG, Robert Bosch GmbH, Denso Corporation, ZF Friedrichshafen AG, Continental AG, Hyundai Mobis, Magna International Inc., Valeo SA, Aptiv PLC, Kyocera Corporation, Autoliv Inc., HELLA GmbH & Co. KGaA, Samsung Electro-Mechanics, Lexus, Visteon Corporation, Pioneer Corporation, Gentex Corporation, Mobileye, OmniVision Technologies, Stoneridge, Kappa Optronics GmbH, SL Corporation
What Are the Latest Developing Trends in the Side View Camera System Market?
Major companies in the side view camera system market are integrating speed assist systems to enhance safety and accuracy in object detection. These systems monitor vehicle speeds and alert drivers if they exceed speed limits or approach other vehicles too quickly. For example, in July 2023, Mobileye Global Inc., an Israel-based autonomous driving company, launched the first camera-only intelligent speed assist system, which complies with the EU General Safety Regulation without needing GPS or third-party maps.
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What Are the Emerging Geographies for The Side View Camera System Market Growth?
Europe was the largest region in the side view camera system market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the side view camera system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Side View Camera System Market?
2. What is the CAGR expected in the Side View Camera System Market?
3. What Are the Key Innovations Transforming the Side View Camera System Industry?
4. Which Region Is Leading the Side View Camera System Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
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