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The global side-view camera systems market size reached USD 2.4 Million in 2020 and is expected to register a revenue CAGR of 104.1% during the forecast period, according to latest analysis by Emergen Research. Increasing implementation of side view camera systems for Advanced Driver Assistance System (ADAS) and increasing usage of side view camera systems for reducing blind spots is projected to support market revenue growth between 2021 and 2028. In addition, increasing demand for luxury vehicles will continue to boost revenue growth of the market. Offer of more features in luxury car offerings and rising disposable income is boosting demand for luxury vehicles in the recent past. Luxury vehicles offer improved performance, more comfortable cabin, and all the latest safety and technologically advanced features, which is expected to increase implementation of side-view camera systems in luxury vehicles. In 2020 for instance, Lexus Motors Ltd. the availability of new technologies to its clients for even higher safety levels as well as convenience with the launch of digital side-view monitor for its ES 300h luxury hybrid vehicles in the Europe market.
Emergen Research has recently published a detailed report on the global Side-view Camera Systems market formulated through extensive primary and secondary research. The report offers in-depth knowledge and analysis of the Side-view Camera Systems market through verified and validated data curated to offer accurate insights. The report also offers a region wise and country wise analysis of the Side-view Camera Systems market and contains a detailed analysis of the key elements influencing the growth of the market in the region. The research study also contains historical, current, and forecast estimations for each sector, segment, sub-segment, and regions.
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The leading market contenders listed in the report are:
Continental AG, Hyundai Mobis Co., Ltd., Valeo SA, Magna International Inc., Denso Corporation, Robert Bosch GmbH, Stoneridge, Inc., Samvardhana Motherson Group, ZF Friedrichshafen AG, and Gentex Corporation
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Market Segmentations of the Side-view Camera Systems Market
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Regional Outlook of the Side-view Camera Systems Market
The global Side-view Camera Systems market has been categorized into several important geographical regions, including North America, Europe, Asia Pacific, Latin America, and Middle East Africa. In this section, authors of the report have studied the presence of the global Side-view Camera Systems market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.
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