Side View Camera Systems - Global Strategic Business Report

The global market for Side View Camera Systems was estimated at US$88.6 Million in 2023 and is projected to reach US$12.8 Billion by 2030, growing at a CAGR of 103.6% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Global Side View Camera Systems Market - Key Trends and Drivers Summarized

How Are Side View Camera Systems Enhancing Vehicle Safety?

Side view camera systems, also known as digital side mirrors or e-mirrors, are advanced driver assistance systems (ADAS) that replace traditional side mirrors with digital cameras. These systems provide drivers with a broader, clearer view of the vehicle’s surroundings, improving safety during lane changes, parking, and highway driving. Side view camera systems offer features like blind spot monitoring, night vision, and obstacle detection, enhancing situational awareness and reducing the risk of accidents. As the automotive industry shifts toward electric vehicles (EVs) and autonomous driving, side view camera systems are becoming integral to modern vehicle designs, supporting safety and aerodynamics.

What Are the Key Segments in the Side View Camera Systems Market?

Key components include cameras, display units, and control modules, with cameras accounting for the largest share due to their critical role in capturing real-time visuals. Vehicle types encompass passenger vehicles, commercial vehicles, and electric vehicles (EVs), with passenger vehicles representing the largest segment as manufacturers increasingly integrate ADAS features into luxury and mid-range cars. End-users include original equipment manufacturers (OEMs) and aftermarket installers, with OEMs dominating the market due to their focus on incorporating advanced safety features during vehicle manufacturing.

How Are Side View Camera Systems Being Integrated Across Different Vehicle Types?

In passenger vehicles, side view camera systems provide real-time visuals of the vehicle’s sides, improving lane changing and parking safety. Commercial vehicles, such as trucks and buses, use these systems to reduce blind spots and enhance driver awareness, especially in crowded urban areas. Electric vehicles (EVs) benefit significantly from side view camera systems, as they improve aerodynamics by reducing drag compared to traditional side mirrors, thereby increasing range efficiency. Additionally, these systems play a critical role in autonomous vehicles, where high-resolution cameras work alongside sensors and lidar to ensure a comprehensive 360-degree view for navigation and safety.

What Factors Are Driving the Growth in the Side View Camera Systems Market?

The growth in the Side View Camera Systems market is driven by several factors, including increasing demand for advanced safety features in passenger and commercial vehicles. The growing adoption of electric vehicles, which benefit from improved aerodynamics through digital side mirrors, has accelerated the integration of side view camera systems. Regulatory mandates for vehicle safety, especially in regions like Europe and North America, have further fueled demand. Advancements in camera technology, including high-resolution imaging, AI-based obstacle detection, and night vision capabilities, have enhanced system performance, supporting wider adoption. Additionally, the shift toward autonomous driving and the integration of ADAS in modern vehicles have contributed to the growth of the side view camera systems market.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Display Component segment, which is expected to reach US$7.2 Billion by 2030 with a CAGR of a 102.9%. The Camera Component segment is also set to grow at 105.6% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, estimated at $28.6 Million in 2023, and China, forecasted to grow at an impressive 95.4% CAGR to reach $1.4 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Side View Camera Systems Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Side View Camera Systems Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Side View Camera Systems Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of major players in the Global Side View Camera Systems Market such as Ambarella Inc, Brigade Electronics Group PLC, Clarion, Continental AG, Denso Corporation and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Some of the 42 companies featured in this Global Side View Camera Systems market report include:

• Ambarella Inc
• Brigade Electronics Group PLC
• Clarion
• Continental AG
• Denso Corporation
• Gentex Corporation
• Hyundai Mobis
• Kappa Optronics GmbH
• Kyocera Corporation
• Magna International, Inc.
• Mcnex Co. Ltd
• Mitsubishi Electric
• Murakami Corporation
• Omnivision Technologies, Inc.
• Panasonic Corporation
• Robert Bosch GmbH
• Samsung Elctro-Mechanics
• Samvardhana Motherson Group
• Sl Corporation
• Stoneridge Inc.
• Stonkam Co. Ltd
• Texas Instruments
• Tokai Rika Co. Ltd
• Valeo
• Zf Friedrichshafen AG