HOME Top Market Reports Multi Camera System Market for Automotive by Function (Parking, and ADAS), Display Type (2D, and 3D), Level of Autonomous Driving (Level1, Level 2 & 3, and Level 4), Vehicle Type (Passenger, and Commercial Vehicle), and Region - Global Forecast to 2025

Multi Camera System Market for Automotive by Function (Parking, and ADAS), Display Type (2D, and 3D), Level of Autonomous Driving (Level1, Level 2 & 3, and Level 4), Vehicle Type (Passenger, and Commercial Vehicle), and Region - Global Forecast to 2025

By: marketsandmarkets.com
Publishing Date: November 2017
Report Code: AT 5725

 

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The multi camera system market is estimated to be USD 700.7 Million in 2017 and is projected to reach USD 2,843.4 Million by 2025, at a CAGR of 19.13% during the forecast period. The base year for the study is 2017 and the forecast period is 2018–2025. The multi camera system market for automotive is primarily driven by the increased emphasis of insurance companies on safety features, the rise in trend of integrating additional safety features to enhance the vehicle safety performance, and increased demand for premium segment vehicles. However, the high cost of the multi camera system is inhibiting the growth of the multi camera system market for automotive.

Objectives of the Report

  • To define, describe, and project the multi camera system market for automotive (2017–2025), in terms of volume (‘000 units) and value (USD million/billion)
  • To provide detailed information regarding the major factors such as drivers, restraints, opportunities, and industry-specific challenges influencing the growth of the multi camera system market for automotive
  • To analyze and forecast the multi camera system market for automotive and estimate the market size, by volume and value, based on multi camera system function, multi camera system display type, level of autonomous driving, and region
  • To forecast the market size, by volume and value, of the multi camera system market for automotive with respect to four regions, namely, Asia Pacific, Europe, North America, and the Rest of the World (RoW)
  • To track and analyze competitive developments such as joint ventures, mergers & acquisitions, new product developments, and expansions in the multi camera system market for automotive

The research methodology used in the report involves primary and secondary sources and follows bottom-up and top-down approaches for the purpose of data triangulation. The study involves country-level OEM and model-wise analysis of automotive multi camera system. This analysis involves historical trends as well as existing penetrations by country as well as vehicle type. The analysis is projected based on various factors such as growth trends in vehicle production and regulations or mandates on the implementation of automotive electronics, which drive the multi camera system market for automotive. The analysis has been discussed with and validated by primary respondents, including experts from the multi camera system market for automotive, automotive experts, manufacturers, and suppliers. Secondary sources include associations such as International Organization of Motor Vehicle Manufacturers (OICA), American Association of Motor Vehicle Administrators (AAMVA), Automotive Component Manufacturers Association of India (ACMA), and paid databases and directories such as Factiva and Bloomberg.

The figure below illustrates the break-up of the profile of industry experts who participated in the primary discussions.

Multi Camera System Market for Automotive

To know about the assumptions considered for the study, download the pdf brochure

The ecosystem of the automotive multi camera system market consists of multi camera system manufacturers such as Bosch (Germany), Continental (Germany), Delphi (UK), Valeo (France), and Clarion (Japan). The multi camera systems are supplied to automotive OEMs such as BMW (Germany), Daimler (Germany), and Volkswagen (Germany).

Target Audience

  • Multi camera system for automotive manufacturers and component suppliers
  • Automotive AR system manufacturers and component suppliers
  • Automotive display panel manufacturers
  • Automotive OEMs
  • Industry associations and other driver assistance systems manufacturers
  • The automobile industry and related end-user industries

Scope of the Report

  • Multi Camera System Market for Automotive, By Function
    • Parking
    • ADAS
  • Multi Camera System Market for Automotive, By Display Type
    • 2D
    • 3D
  • Multi Camera System Market for Automotive, By Level of Autonomous Driving
    • Level 1
    • Level 2 & 3
    • Level 4
  • Multi Camera System Market for Automotive, By Region
    • Asia Pacific (China, Japan, India, South Korea, and Rest of Asia Pacific)
    • Europe (France, Germany, Italy, Spain, the UK, and Rest of Europe)
    • North America (Canada, Mexico, and the US)
    • Rest of the World (Brazil, Russia, and South Africa)
  • Multi Camera System Market for Automotive, By Vehicle Type
    • Passenger Vehicles
    • Commercial Vehicles

Available Customizations

  • Country-level analysis of multi camera system market for automotive, by display type
  • Company Information
    • Detailed analysis and profiling of additional market players (up to 3)

Table of Contents

1 Introduction (Page No. - 16)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Markets Covered
           1.3.2 Years Considered for the Study
    1.4 Currency
    1.5 Package Size
    1.6 Limitations
    1.7 Stakeholders

2 Research Methodology (Page No. - 20)
    2.1 Research Data
    2.2 Secondary Data
    2.3 Primary Data
           2.3.1 Sampling Techniques & Data Collection Methods
           2.3.2 Primary Participants
    2.4 Data Triangulation
    2.5 Factor Analysis
           2.5.1 Introduction
           2.5.2 Demand-Side Analysis
                    2.5.2.1 Increasing Traffic Congestions Due to Rising Urbanization Around the Globe
                    2.5.2.2 Infrastructure Roadways
           2.5.3 Supply-Side Analysis
                    2.5.3.1 Oems Focus on Safety, Convenience, and Comfort Systems in Vehicle
                    2.5.3.2 Technological Advancements in Vehicle Safety and Security
    2.6 Market Size Estimation
    2.7 Assumptions

3 Executive Summary (Page No. - 31)

4 Premium Insights (Page No. - 37)
    4.1 Attractive Opportunities in the Multi Camera System Market
    4.2 Multi Camera System Market for Automotive, By Region
    4.3 Multi Camera System Market for Automotive, By Display
    4.4 Multi Camera System Market for Automotive, By Level of Autonomous Driving
    4.5 Multi Camera System Market for Automotive, By Region

5 Market Overview (Page No. - 41)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Increased Emphasis of Insurance Companies on Safety Features
                    5.2.1.2 Rise in Trend of Integrating Additional Safety Features in the Vehicles
                    5.2.1.3 Increase in the Demand for Premium Segment Vehicles
           5.2.2 Restraints
                    5.2.2.1 High Cost of Multi Camera System
           5.2.3 Opportunities
                    5.2.3.1 Growing Trend of Autonomous and Semi-Autonomous Vehicles
                    5.2.3.2 High Growth Potential in Emerging Markets
                    5.2.3.3 Legislation Mandating Installation of Advanced Driver Assist Technology
           5.2.4 Challenges
                    5.2.4.1 Constraints in Real-Time Implementation
    5.3 Macro Indicator Analysis
           5.3.1 Introduction
                    5.3.1.1 Premium Segment Luxury Passenger Cars and Commercial Vehicles Sales
                    5.3.1.2 GDP (USD Billion)
                    5.3.1.3 GNP Per Capita, Atlas Method (USD)
                    5.3.1.4 GDP Per Capita Ppp (USD)
           5.3.2 Macro Indicators Influencing the Multi Camera System Market for Top 3 Countries
                    5.3.2.1 US
                    5.3.2.2 Germany
                    5.3.2.3 Spain

6 Technological Overview (Page No. - 55)
    6.1 Introduction
    6.2 Multi Camera System Market for Automotive
           6.2.1 Basic Function of Multi Camera System
                    6.2.1.1 Geometric Alignment
                    6.2.1.2 Photometric Alignment
                    6.2.1.3 Surround View Synthesis
                    6.2.1.4 3D View Generation
           6.2.2 Process Flow of Multi Camera System
           6.2.3 Superiority of Camera Over Other Automotive Sensors

7 Multi Camera System Market for Automotive, By Function (Page No. - 59)
    7.1 Introduction
    7.2 Parking: Multi Camera System Market for Automotive, By Region
    7.3 Adas: Multi Camera System Market for Automotive, By Region

8 Multi Camera System Market for Automotive, By Display (Page No. - 63)
    8.1 Introduction
    8.2 2 Dimensional: Multi Camera System Market for Automotive, By Region
    8.3 3 Dimensional: Multi Camera System Market for Automotive, By Region

9 Multi Camera System Market for Automotive, By Level of Autonomous Driving (Page No. - 68)
    9.1 Introduction
    9.2 Level 1: Multi Camera System Market for Automotive, By Region
    9.3 Level 2 & 3: Multi Camera System Market for Automotive, By Region
    9.4 Level 4: Multi Camera System Market for Automotive, By Region

10 Multi Camera System Market for Automotive, By Region and Vehicle Type (Page No. - 75)
     10.1 Introduction
     10.2 Asia Pacific
             10.2.1 China: Multi Camera System Market for Automotive
             10.2.2 India: Multi Camera System Market for Automotive
             10.2.3 Japan: Multi Camera System Market for Automotive
             10.2.4 South Korea: Multi Camera System Market for Automotive
             10.2.5 Rest of Asia Pacific: Multi Camera System Market for Automotive
     10.3 Europe
             10.3.1 France: Multi Camera System Market for Automotive
             10.3.2 Germany: Multi Camera System Market for Automotive
             10.3.3 Italy: Multi Camera System Market for Automotive
             10.3.4 UK: Multi Camera System Market for Automotive
             10.3.5 Spain: Multi Camera System for Automotive
             10.3.6 The Rest of Europe: Multi Camera System Market for Automotive
     10.4 North America
             10.4.1 Canada: Multi Camera System Market for Automotive
             10.4.2 Mexico: Multi Camera System Market for Automotive
             10.4.3 US: Multi Camera System Market for Automotive
     10.5 Rest of the World (RoW)
             10.5.1 Brazil: Multi Camera System Market for Automotive
             10.5.2 Russia: Multi Camera System Market for Automotive
             10.5.3 South Africa: Multi Camera System Market for Automotive

11 Competitive Landscape (Page No. - 108)
     11.1 Market Ranking Analysis
     11.2 Competitive Situation & Trends
             11.2.1 New Product Developments
             11.2.2 Mergers & Acquisitions
             11.2.3 Partnerships/Supply Contracts/Collaborations/Joint Ventures, 2012-2017
             11.2.4 Expansions, 2013–2017

12 Company Profiles (Page No. - 114)
(Business Overview, Services Offered, Strength of Service Portfolio, Business Strategy Excellence, Recent Developments)*
     12.1 Robert Bosch
     12.2 Continental AG
     12.3 Delphi
     12.4 Denso
     12.5 Magna
     12.6 Samvardhana
     12.7 Valeo
     12.8 Clarion
     12.9 Texas
     12.10 NXP Semiconductors
     12.11 Ambarella
     12.12 Xilinx
     12.13 Omnivision

*Details on Business Overview, Services Offered, Strength of Service Portfolio, Business Strategy Excellence, Recent Developments Might Not Be Captured in Case of Unlisted Companies.

13 Appendix (Page No. - 163)
     13.1 Key Insights By Industry Experts
     13.2 Discussion Guide
     13.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     13.4 Available Customizations
             13.4.1 Country-Level Analysis of Multi Camera System Market for Automotive, By Display Type
             13.4.2 Company Information
                        13.4.2.1 Profiling of Additional Market Players (Up to 3)
     13.5 Related Reports
     13.6 Author Details


List of Tables (83 Tables)

Table 1 Currency Exchange Rates (Per 1 USD)
Table 2 Automotive Application Features Related to Safety, Comfort, & Assistance
Table 3 Rise in Automotive Adas Applications, (Million Units)
Table 4 Luxury Vehicle Sales of Key Manufacturers, India, 2013–2015
Table 5 Luxury Vehicle Sales of Key Manufacturers, China, 2013–2015
Table 6 Autonomous Driving Attempts Among Vehicle Manufacturers
Table 7 Regulations for Driver Assistance Systems
Table 8 Superiority of Camera Over Other Automotive Sensors
Table 9 Multi Camera System Market, By Function Type, 2017–2025 (‘000 Units)
Table 10 Multi Camera System Market for Parking Function, By Region, 2017–2025 (‘000 Units)
Table 11 Multi Camera System Market for Adas Function, By Region, 2017–2025 (‘000 Units)
Table 12 Multi Camera System Market, By Display Type, 2017–2025 (‘000 Units)
Table 13 Multi Camera System Market, By Display Type, 2017–2025 (USD Million)
Table 14 Multi Camera System Market for 2D, By Region, 2017–2025 (‘000 Units)
Table 15 Multi Camera System Market for 2D, By Region, 2017–2025 (USD Million)
Table 16 Multi Camera System Market for 3D, By Region, 2017–2025 (‘000 Units)
Table 17 Multi Camera System Market for 3D, By Region, 2017–2025 (USD Million)
Table 18 Multi Camera System Market, By Level of Autonomous Driving, 2017–2025 (’000 Units)
Table 19 Multi Camera System Market, By Level of Autonomous Driving, 2017–2025 (USD Million)
Table 20 Multi Camera System Market for Level 1, By Region, 2017–2025 (’000 Units)
Table 21 Multi Camera System Market for Level 1, By Region, 2017–2025 (USD Million)
Table 22 Multi Camera System Market for Level 2 & 3, By Region, 2017–2025 (’000 Units)
Table 23 Multi Camera System Market for Level 2 & 3, By Region, 2017–2025 (USD Million)
Table 24 Multi Camera System Market for Level 4, By Region, 2017–2025 (’000 Units)
Table 25 Multi Camera System Market for Level 4, By Region, 2017–2025 (USD Million)
Table 26 Multi Camera System Market, By Region, 2017–2025 (’000 Units)
Table 27 Multi Camera System Market, By Region, 2017–2025 (USD Million)
Table 28 Multi Camera System Market, By Vehicle Type, 2017–2025 (’000 Units)
Table 29 Multi Camera System Market, By Vehicle Type, 2017–2025 (USD Million)
Table 30 Asia Pacific: Multi Camera System Market, By Country, 2017–2025 (’000 Units)
Table 31 Asia Pacific: Multi Camera System Market, By Country, 2017–2025 (USD Million)
Table 32 Asia Pacific: Multi Camera System Market, By Vehicle Type, 2017–2025 (’000 Units)
Table 33 Asia Pacific: Multi Camera System Market, By Vehicle Type, 2017–2025 (USD Million)
Table 34 China: Multi Camera System Market, By Vehicle Type, 2017–2025 (’000 Units)
Table 35 China: Multi Camera System Market, By Vehicle Type, 2017–2025 (USD Million)
Table 36 India: Multi Camera System Market, By Vehicle Type, 2017–2025 (’000 Units)
Table 37 India: Multi Camera System Market, By Vehicle Type, 2017–2025 (USD Million)
Table 38 Japan: Multi Camera System Market, By Vehicle Type, 2017–2025 (’000 Units)
Table 39 Japan: Multi Camera System Market, By Vehicle Type, 2017–2025 (USD Million)
Table 40 South Korea: Multi Camera System Market, By Vehicle Type, 2017–2025 (’000 Units)
Table 41 South Korea: Multi Camera System Market, By Vehicle Type, 2017–2025 (USD Million)
Table 42 Rest of Asia Pacific: Multi Camera System Market, By Vehicle Type, 2017–2025 (’000 Units)
Table 43 Rest of Asia Pacific: Multi Camera System Market, By Vehicle Type, 2017–2025 (USD Million)
Table 44 Europe: Multi Camera System Market, By Country, 2017–2025 (’000 Units)
Table 45 Europe: Multi Camera System Market, By Country, 2017–2025 (USD Million)
Table 46 Europe: Multi Camera System Market, By Vehicle Type, 2017–2025 (’000 Units)
Table 47 Europe: Multi Camera System Market, By Vehicle Type, 2017–2025 (USD Million)
Table 48 France: Multi Camera System Market, By Vehicle Type, 2017–2025 (’000 Units)
Table 49 France: Multi Camera System Market, By Vehicle Type, 2017–2025 (USD Million)
Table 50 Germany: Multi Camera System Market, By Vehicle Type, 2017–2025 (’000 Units)
Table 51 Germany: Multi Camera System Market, By Vehicle Type, 2017–2025 (USD Million)
Table 52 Italy: Multi Camera System Market, By Vehicle Type, 2017–2025 (’000 Units)
Table 53 Italy: Multi Camera System Market, By Vehicle Type, 2017–2025 (USD Million)
Table 54 UK: Multi Camera System Market, By Vehicle Type, 2017–2025 (’000 Units)
Table 55 UK: Multi Camera System Market, By Vehicle Type, 2017–2025 (USD Million)
Table 56 Spain: Multi Camera System Market, By Vehicle Type, 2017-2025 (’000 Units)
Table 57 Spain: Multi Camera System Market, By Vehicle Type, 2017-2025 (USD Million)
Table 58 Rest of Europe: Multi Camera System Market, By Vehicle Type, 2017–2025 (’000 Units)
Table 59 Rest of Europe: Multi Camera System Market, By Vehicle Type, 2017–2025 (USD Million)
Table 60 North America: Multi Camera System Market, By Country, 2017–2025 (’000 Units)
Table 61 North America: Multi Camera System Market, By Country, 2017–2025 (USD Million)
Table 62 North America: Multi Camera System Market, By Vehicle Type, 2017–2025 (’000 Units)
Table 63 North America: Multi Camera System Market, By Vehicle Type, 2017–2025 (USD Million)
Table 64 Canada: Multi Camera System Market, By Vehicle Type, 2017–2025 (’000 Units)
Table 65 Canada: Multi Camera System Market, By Vehicle Type, 2017–2025 (USD Million)
Table 66 Mexico: Multi Camera System Market, By Vehicle Type, 2017–2025 (’000 Units)
Table 67 Mexico: Multi Camera System Market, By Vehicle Type, 2017–2025 (USD Million)
Table 68 US: Multi Camera System Market, By Vehicle Type, 2017–2025 (’000 Units)
Table 69 US: Multi Camera System Market, By Vehicle Type, 2017–2025 (USD Million)
Table 70 Rest of the World (RoW): Multi Camera System Market, By Country, 2017–2025 (’000 Units)
Table 71 Rest of the World (RoW): Multi Camera System Market, By Country, 2017–2025 (USD Million)
Table 72 Rest of the World (RoW): Multi Camera System Market, By Vehicle Type, 2017–2025 (’000 Units)
Table 73 Rest of the World (RoW): Multi Camera System Market, By Vehicle Type, 2017–2025 (USD Million)
Table 74 Brazil: Multi Camera System Market, By Vehicle Type, 2017–2025 (’000 Units)
Table 75 Brazil: Multi Camera System Market, By Vehicle Type, 2017–2025 (USD Million)
Table 76 Russia: Multi Camera System Market, By Vehicle Type, 2017–2025 (’000 Units)
Table 77 Russia: Multi Camera System Market, By Vehicle Type, 2017–2025 (USD Million)
Table 78 South Africa: Multi Camera System Market, By Vehicle Type, 2017–2025 (’000 Units)
Table 79 South Africa: Multi Camera System Market, By Vehicle Type, 2017–2025 (USD Million)
Table 80 New Product Development, 2012–2017
Table 81 Mergers & Acquisitions, 2015–2017
Table 82 Partnerships/Supply Contracts/Collaborations/Joint Ventures, 2012–2017
Table 83 Expansions, 2013–2017


List of Figures (48 Figures)

Figure 1 Multi Camera System Market for Automotive: Segmentations Covered
Figure 2 Research Design
Figure 3 Research Methodology Model
Figure 4 Breakdown of Primary Interviews: By Company Type, Designation, & Region
Figure 5 Average Traffic Congestion, 2015
Figure 6 Urban Population, 2005 vs 2015
Figure 7 Multi Camera System Market for Automotive: Bottom-Up Approach
Figure 8 Multi Camera System Market for Automotive: Top-Down Approach
Figure 9 Multi Camera System Market for Automotive, By Region, 2020 vs 2025 (USD Million)
Figure 10 Multi Camera System Market for Automotive, By Vehicle Type, 2020 vs 2025
Figure 11 Multi Camera System Market for Automotive, By Display Type, 2020 vs 2025
Figure 12 Multi Camera System Market for Automotive, By Function, 2020 vs 2025
Figure 13 Multi Camera System Market for Automotive, By Level of Autonomous Driving, 2020 vs 2025
Figure 14 Increase in Trend of Integrating Additional Safety Features is Anticipated to Boost the Growth of Multi Camera System Market From 2020 to 2025
Figure 15 North America is Estimated to Hold the Largest Market Share in 2020 for the Multi Camera System Market
Figure 16 2D Type Display is Expected to Have the Largest Market Size, 2020 vs 2025
Figure 17 Level 1 Vehicle Segment of Multi Camera System Market is Expected to Have the Largest Market Size, 2020 vs 2025
Figure 18 North America is Expected to Hold the Largest Market Share, 2020 vs 2025
Figure 19 Multi Camera System Market Dynamics
Figure 20 Road Traffic Death Rates, Per 1,00,000 Population, 2015
Figure 21 Processes Involved in Real-Time Implementation
Figure 22 US: Rising Gni Per Capita Expected to Drive the Sales of Luxury Vehicles During the Forecast Period
Figure 23 Germany: Rising GDP is Likely to Be the Most Crucial Factor That is Likely to Have High Impact
Figure 24 Spain: Gross National Income is Expected to Play A Crucial Role in Boosting the Automotive Market
Figure 25 Technological Evolution of Multi Camera System for Automotive
Figure 26 Multi Camera System Market for Automotive, By Function, 2020 vs 2025 (‘000 Units)
Figure 27 Multi Camera System Market for Automotive, By Display Type, 2020 vs 2025 (‘000 Units)
Figure 28 Multi Camera System Market for Automotive, By Level of Autonomous Driving, 2020 vs 2025 (‘000 Units)
Figure 29 Multi Camera System Market for Automotive, By Region, 2020 vs 2025 (USD Million)
Figure 30 Multi Camera System Market for Automotive, By Vehicle Type
Figure 31 Asia Pacific: Multi Camera System Market for Automotive Snapshot
Figure 32 Europe: Multi Camera System Market for Automotive, By Country, 2020 vs 2025 (USD Million)
Figure 33 North America: Multi Camera System Market for Automotive Snapshot
Figure 34 Rest of the World (RoW): Multi Camera System Market for Automotive Snapshot
Figure 35 Multi Camera System Market Ranking: 2017
Figure 36 Robert Bosch: Company Snapshot
Figure 37 Continental AG: Company Snapshot
Figure 38 Delphi: Company Snapshot
Figure 39 Denso: Company Snapshot
Figure 40 Magna: Company Snapshot
Figure 41 Samvardhana: Company Snapshot
Figure 42 Valeo: Company Snapshot
Figure 43 Clarion: Company Snapshot
Figure 44 Texas: Company Snapshot
Figure 45 NXP Semiconductors: Company Snapshot
Figure 46 Ambarella, Inc.: Company Snapshot
Figure 47 Xilinx: Company Snapshot
Figure 48 Omnivision: Company Snapshot

The multi camera system market is estimated to be USD 700.7 Million in 2017 and is projected to reach USD 2,843.4 Million by 2025, at a CAGR of 19.13% from 2018 to 2025. The key growth drivers for the market are the increased emphasis of insurance companies on safety features, faster generation of real-time and reliable data from advanced driver assistance systems (ADAS), and the growth of autonomous and semi-autonomous vehicles.

The 2D display type segment is estimated to hold the largest market share in 2017. However, the 3D multi camera system is estimated to be the fastest growing market during the forecast period and is anticipated to grow at a rapid pace due to technological advancements. In addition, the technology-driven companies are using the 3D multi camera system as a tool for developing autonomous and semi-autonomous vehicles.

The parking segment is estimated to hold the largest market share of the automotive multi camera system market, by function type. However, the ADAS segment is estimated to be the fastest growing market owing to the growth of semi-autonomous and autonomous vehicles and advanced driver assistance functions based on the multi camera system.

By the level of autonomous driving, the Level 2 & 3 segment is estimated to be the fastest growing segment of the multi camera system market during the forecast period. However, the level 1 segment is estimated to be the largest segment of the multi camera system market during the forecast period. The growth of this segment can be attributed to the demand for a multi camera system in commercial vehicles, mid-range, and premium cars.

The passenger vehicle segment is estimated to hold the largest share of the multi camera system market. A key growth driver for the multi camera system market for passenger cars is the rising consumer awareness of road and vehicle safety. The commercial vehicle segment is expected to adopt the multi camera system at a significant rate from 2019. The adoption of advanced technologies continues to be slow in commercial vehicles due to the impact of technology on the overall cost of the vehicle. However, increasing mandates, regulations, increasing road fatality rates, accidents while parking, and consumer awareness of safety system are driving the adoption of advanced safety functions in a wide range of commercial vehicles.

Multi Camera System Market for Automotive

The North American region is estimated to be the largest market for multi camera system during the forecast period. Increased production levels of automobiles, higher adoption of advanced technologies in automotive electronics, and rapid growth of semi-autonomous and autonomous vehicles are expected to boost the demand for the automotive multi camera system market in this region. The Asia Pacific multi camera system market is estimated to be the fastest growing market during the forecast period.

A key factor restraining the growth of the multi camera system market is the high cost of developing the system and its related technologies. However, the cost of the multi camera system is likely to decrease in the coming years because of large-scale production and increasing number of suppliers. While cost is not a matter of concern for the premium segment vehicles, it can substantially affect the economic and mid-segment vehicles. The multi camera system market is dominated by a few global players and comprises several regional players. Some of the key manufacturers operating in the market are Bosch (Germany), Continental (Germany), Delphi (UK), Magna (Canada), and Valeo (France).

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