The MarkNtel Advisors has released its latest report titled "Automotive 360 Degree Camera Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028." This comprehensive analysis provides valuable insights into the market, including market share data. The report encompasses competitive analysis, geographical research, and recent advancements in the market. Whether you are an investor, researcher, consultant, marketing strategist, or planning to enter the industry in any capacity, this analysis can greatly benefit you.

Automotive 360 Degree Camera Market Definition:

The 360 Degree Cameras in Automotive are an omnidirectional camera system, meaning it views and records each direction, roughly the whole sphere or at least a full circle horizontally, using either a single consumer camera or a rig with multiple camera lenses integrated into the device. Then, the footage from all directions is combined into one spherical video by camera or other software in the vehicle. An automotive 360 Degree Camera, also known as a top-view camera, bird’s-eye camera, or surround view camera, provides the driver with a real-time view of the area around the vehicle covering several feet.

Automotive 360 Degree Camera Market Overview

The Global Automotive 360 Degree Camera Market is projected to grow at a CAGR of around 12.2% during the forecast period, i.e., 2023-28.

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What are the Key Driver in the industry?

Key Driver: Rising Need for Advanced Safety Features Owing to The Growing Congestion On Roads and Parking Spaces

Navigating safely through congested areas and crowded parking spaces has become challenging for drivers as the number of vehicles on the road continues to increase. Thus, automakers are adopting advanced safety features such as 360-degree cameras to ensure complete coverage of the vehicle's surroundings. These cameras aid drivers in detecting obstacles, pedestrians, and other vehicles in blind spots, subsequently reducing the risk of accidents. Given the benefits, the adoption of 360-degree cameras is expected to grow in the automotive industry as safety becomes a top priority for consumers and manufacturers alike.

Competitive Landscape With Leading Key Players:

The report's analysis of the Automotive 360 Degree Camera market's competitive environment includes thorough profiles of the major industry competitors.

Among these important figures are:

-Robert Bosch GmbH

-Continental AG

-Aptiv

-Valeo

-Magna

-Veoneer Holdings Company, LLC

-Ficosa International, Inc.

-Mobileye

-Denso

-Gentex Corporation

-ZF Friedrichshafen AG

-Brigade Electronics Group PLC

-Mcnex Co Ltd

-Stonkam Company Limited

-Teledyne Flir LLC

-Others

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Important Automotive 360 Degree Camera Market Segmentation

By Technology

-Digital Cameras

-Infrared Cameras

-Thermal Cameras

By Vehicle Type

-Passenger Cars

-LCVs

-HCVs

By Vehicle Class

-Economy

-Mid-Priced

-Luxury

By Level of Autonomy

-L1

-L2

-L3

-L4

-L5

By Application

-Park Assist

-ADAS

By Region

-North America

-South America

-Europe    

-The Middle East & Africa

-Asia-Pacific

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Important Report Highlights:

  • Historical Data (2018–2021)
  • Base Year (2022)
  • Market Prospects (2023–2028)
  • Business Trends
  • Drivers of the Market and Success Factors
  • COVID-19's effects
  • Value Chain Evaluation
  • Comprehensive competitive landscape mapping

As part of the modification, we will give you any specific information you require that is not already covered by the report.

About MarkNtel Advisors

MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals. Using such information, our clients can identify attractive investment opportunities & strategize their moves to yield higher ROI (Return of Interest) through an early mover advantage with top-management approaches.

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