Multi Camera System Market for Automotive

1
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
20182025. The multi camera system market 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
this market. Browse 83 Market Data Tables and 48
Figures spread through 170 Pages and in-depth TOC
on "Multi Camera System Market for
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• Dont miss out on business opportunities in Multi
  Camera System Market for Automotive.
• Key Players in Multi Camera System Market for
  Automotive
• Bosch (Germany)
• Continental (Germany)
• Delphi (UK)
• Magna (Canada)
• Samvardhana Motherson Reflectec (Germany)

2

• Valeo (France)
• Clarion (Japan)
• Texas Instruments (US)
• NXP Semiconductors (Netherlands)
• OmniVision Technologies (US)
• Xilinx (US)
• Ambarella (US).
• 3D display to be the fastest growing segment in
  multi camera system market for automotive, by
  display type
• The multi camera system is integrated with the
  infotainment panel or instrument cluster, which
  projects 2D as well as 3D view. The growing
  technological innovation has boosted the market
  for 3D display, which is projected to grow at
  the fastest rate during the forecast period. The
  growth of 3D display is also linked to the
  increase in demand for premium segment vehicles.
  The enhancement in comfort and user driving
  experience by the multi camera system is
  responsible for the growth of 3D display segment
  in the multi camera system market for
  automotive.
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• The passenger vehicle segment is estimated to be
  the largest market in the multi camera system
  market for automotive during the forecast period
• The passenger vehicle segment is estimated to
  have the largest market share of the multi camera
  system market due to the rising demand for ADAS
  features and growth of semi-autonomous and
  autonomous vehicles. The rising safety concerns
  have fueled the the growth of ADAS features,
  which is boosting the demand for semi-autonomous
  vehicles. Camera-based ADAS features help to meet
  the elevated safety standards, thereby governing
  the growth of passenger vehicles.
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• Asia Pacific to be the fastest growing regional
  market for multi camera system market for
  automotive

3
The Asia Pacific market is anticipated to be the
fastest growing market for multi camera system
during the forecast period. The market growth in
the region can be attributed to the rapidly
growing automotive sector in countries such as
China, Japan, South Korea, and India. Moreover,
the improving lifestyle of consumers and speedy
urbanization have boosted the demand for
passenger cars as well as commercial vehicles.
These factors are expected to trigger the growth
of the multi camera system market in the
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