Global Automotive Surround View Systems Market to Grow at a CAGR of 11.5% During the Period 2016 - 2020; Finds New Report

Market Research Reports, Inc. has announced the addition of “Global Automotive Surround View Systems Market 2016 - 2020” research report to their website www.MarketResearchReports.com

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Lewes, DE -- (SBWire) -- 07/11/2016 --Report forecast the global automotive surround view systems market to grow at a CAGR of 11.5% during the period 2016-2020.

The automotive surround view system is an emerging automotive ADAS (advanced driver assistance system) technology that assist in low speed vehicle manoeuvres such as while parking the vehicle or slow curb side driving. The system helps the driver by allowing him/her to see a top-down view of the 360-degree surroundings of the vehicle. It normal consists of 4 to 6 wide-angle cameras known as fish-eye cameras, mounted around the vehicle, with each facing a different location. From the camera inputs, a composite view of the surroundings of the vehicle is synthesized and shown in a real-time basis as a high quality image display in vehicle.

The report covers the present scenario and the growth prospects of the global automotive surround view systems market for 2016-2020.

The market is divided into the following segments based on geography:

- Americas
- APAC
- EMEA

According to the report, a key growth driver is the urgency to curb road accidents. The US National Highway Traffic Safety Association (NHTSA) has regulations in place to make backup cameras mandatory by 2018. Global regulatory frameworks and mandates in safety, have been one of the main driving forces behind emergence of advanced driver assistance and systems (ADAS) like automotive surround view systems, Lane departure warning systems and driver fatigue detection system. The world's most economically developed and technologically advanced nations like U.S, Europe and Japan are giving birth to advanced vehicle safety technologies. But, in certain economies of Asia and Europe, where vehicle safety was not treated as national priority until now, have been galvanised into action. The government of the emerging economies have started introducing vehicle legislation and NCAP at an accelerating pace. These regions are not only massive markets for cars, but also highly competitive vehicle manufacturing centers in their own way.

Further, the report states that one challenge that could likely hamper market growth is the potential effect on drivers with distraction and difficulty in usability.

Global Automotive Surround View Systems Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global automotive surround view systems market: Valeo, Continental, Fujitsu, Ambarella, and Clarion.

Market driver
- Urgency in curbing road fatalities making rear view vision based technology mandatory by 2018
- For a full, detailed list, view our report

Market challenge
- Potential effects of driver distraction and difficulty in usability
- For a full, detailed list, view our report

Market trend
- High resolution cameras and back-lit CMOS
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 79 pages and 37 Exhibit "Global Automotive Surround View Systems Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by vehicle type, Market segmentation by geography, Market drivers, Market challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

For more information Visit at: http://www.marketresearchreports.com/technavio/global-automotive-surround-view-systems-market-2016-2020

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