Market Overview:
The global commercial vehicle surround view systems market is estimated to be valued at US$ 1,362.8 Mn in 2018 and is projected to register a CAGR of 10.4% over the forecast period (2018–2030) to reach a value of US$ 3,521.7 Mn by 2030. The growth of the global commercial vehicle surround view systems market can be attributed to various factors such as the increasing demand for safety features in vehicles and rising awareness about advanced safety technologies among consumers across the globe. The global commercial vehicle surround view systems market has been segmented on the basis of type into automatic camera and manual camera.
Product Definition:
Commercial Vehicle Surround View Systems are a type of advanced driver assistance system that uses cameras and sensors to provide the driver with a 360-degree view around the vehicle. This can help the driver to avoid collisions, especially when reversing or parking. Commercial Vehicle Surround View Systems are important because they can help to improve safety for drivers and passengers.
Automatic Camera:
Automatic camera is a device that can capture images without any human intervention. It is installed in the rear view system of the vehicle which enables it to take a reverse image of the surroundings while driving forward. The technology has been around for more than two decades and its applications are expanding beyond cars, with companies like Google and Apple entering the picture.
Rising demand for advanced technologies such as auto-exposure, auto-focus,.
Manual Camera:
The manual camera is a device that is mounted on the dashboard of a vehicle for providing an outside view to the driver. It can be used in various applications such as construction, mining, and oil & gas industries. The primary function of these cameras is to allow drivers to see obstacles and prevent accidents while driving at high speeds.
These cameras are also known as side-view mirrors or rear-view mirrors depending upon their location on vehicles.
Application Insights:
Based on the application, the global commercial vehicle surround view systems market has been segmented into long-distance trucks and local/medium-distance trucks. Long-distance trucks include trailer load (TL) vehicles while local/middle-distance trucks comprise single unit (SUV) or multiunit (UTV) light commercial vehicles. The LCVs segment is anticipated to witness significant growth over the forecast period owing to increasing demand for safety equipment in these types of vehicles.
The Middle East & Africa region is projected to exhibit a high CAGR of XX% from 2018 to 2030 due largely to rising investments in infrastructure development and government initiatives that encourage foreign direct investment in various sectors, including automotive manufacturing. Furthermore, growing awareness regarding road safety among consumers and an increase in spending capacity will further boost product demand across all three SUVs categories over the forecast period: M&HCVs, LCVs and HCVs.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing road accidents and growing government initiatives for enhanced safety in commercial vehicles. For instance, in India, the Road Safety Act of 1988 mandates installation of side view mirrors on trucks above a certain size as well as compulsory use of night vision equipment. This has resulted in increased sales volume for surround view systems across this region. Europe is also estimated to witness significant growth over the coming years owing to stringent regulations by governments regarding driver distraction or any lapse on behalf of manufacturers with respect to vehicle safety features and components used.
The Middle East & Africa (MEA) accounted for a small share owing high fuel prices.
Growth Factors:
- Increasing demand for commercial vehicles for goods transportation
- Growing awareness about the benefits of Commercial Vehicle Surround View Systems
- Technological advancements in Commercial Vehicle Surround View Systems
- Rising demand from emerging markets
- Increasing number of accidents involving commercial vehicles
Scope Of The Report
Report Attributes
Report Details
Report Title
Commercial Vehicle Surround View Systems Market Research Report
By Type
Automatic Camera, Manual Camera
By Application
LCVs, M&HCVs
By Companies
Ambarella, Valeo, Magna, Continental, Denso, Aisin, Hyundai Mobis, Fujitsu, Clarion, SL, Percherry
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
228
Number of Tables & Figures
160
Customization Available
Yes, the report can be customized as per your need.
Global Commercial Vehicle Surround View Systems Market Report Segments:
The global Commercial Vehicle Surround View Systems market is segmented on the basis of:
Types
Automatic Camera, Manual Camera
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
LCVs, M&HCVs
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Ambarella
- Valeo
- Magna
- Continental
- Denso
- Aisin
- Hyundai Mobis
- Fujitsu
- Clarion
- SL
- Percherry
Highlights of The Commercial Vehicle Surround View Systems Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Automatic Camera
- Manual Camera
- By Application:
- LCVs
- M&HCVs
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Commercial Vehicle Surround View Systems Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Commercial Vehicle Surround View Systems (CVSS) are a type of safety technology that uses cameras and sensors to provide a 360-degree view around the vehicle. This system can help drivers avoid collisions by providing them with a clear view of all sides of the vehicle.
Some of the key players operating in the commercial vehicle surround view systems market are Ambarella, Valeo, Magna, Continental, Denso, Aisin, Hyundai Mobis, Fujitsu, Clarion, SL, Percherry.
The commercial vehicle surround view systems market is expected to register a CAGR of 10.4%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Commercial Vehicle Surround View Systems Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Commercial Vehicle Surround View Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Commercial Vehicle Surround View Systems Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Commercial Vehicle Surround View Systems Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Commercial Vehicle Surround View Systems Market Size & Forecast, 2018-2028
4.5.1 Commercial Vehicle Surround View Systems Market Size and Y-o-Y Growth
4.5.2 Commercial Vehicle Surround View Systems Market Absolute $ Opportunity
Chapter 5 Global Commercial Vehicle Surround View Systems Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Commercial Vehicle Surround View Systems Market Size Forecast by Type
5.2.1 Automatic Camera
5.2.2 Manual Camera
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Commercial Vehicle Surround View Systems Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Commercial Vehicle Surround View Systems Market Size Forecast by Applications
6.2.1 LCVs
6.2.2 M&HCVs
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Commercial Vehicle Surround View Systems Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Commercial Vehicle Surround View Systems Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Commercial Vehicle Surround View Systems Analysis and Forecast
9.1 Introduction
9.2 North America Commercial Vehicle Surround View Systems Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Commercial Vehicle Surround View Systems Market Size Forecast by Type
9.6.1 Automatic Camera
9.6.2 Manual Camera
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Commercial Vehicle Surround View Systems Market Size Forecast by Applications
9.10.1 LCVs
9.10.2 M&HCVs
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Commercial Vehicle Surround View Systems Analysis and Forecast
10.1 Introduction
10.2 Europe Commercial Vehicle Surround View Systems Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Commercial Vehicle Surround View Systems Market Size Forecast by Type
10.6.1 Automatic Camera
10.6.2 Manual Camera
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Commercial Vehicle Surround View Systems Market Size Forecast by Applications
10.10.1 LCVs
10.10.2 M&HCVs
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Commercial Vehicle Surround View Systems Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Commercial Vehicle Surround View Systems Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Commercial Vehicle Surround View Systems Market Size Forecast by Type
11.6.1 Automatic Camera
11.6.2 Manual Camera
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Commercial Vehicle Surround View Systems Market Size Forecast by Applications
11.10.1 LCVs
11.10.2 M&HCVs
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Commercial Vehicle Surround View Systems Analysis and Forecast
12.1 Introduction
12.2 Latin America Commercial Vehicle Surround View Systems Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Commercial Vehicle Surround View Systems Market Size Forecast by Type
12.6.1 Automatic Camera
12.6.2 Manual Camera
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Commercial Vehicle Surround View Systems Market Size Forecast by Applications
12.10.1 LCVs
12.10.2 M&HCVs
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Commercial Vehicle Surround View Systems Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Commercial Vehicle Surround View Systems Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Commercial Vehicle Surround View Systems Market Size Forecast by Type
13.6.1 Automatic Camera
13.6.2 Manual Camera
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Commercial Vehicle Surround View Systems Market Size Forecast by Applications
13.10.1 LCVs
13.10.2 M&HCVs
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Commercial Vehicle Surround View Systems Market: Competitive Dashboard
14.2 Global Commercial Vehicle Surround View Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ambarella
14.3.2 Valeo
14.3.3 Magna
14.3.4 Continental
14.3.5 Denso
14.3.6 Aisin
14.3.7 Hyundai Mobis
14.3.8 Fujitsu
14.3.9 Clarion
14.3.10 SL
14.3.11 Percherry
