Growth in premium vehicle segment and rise in trend of integrating additional safety features in the vehicle to fuel the demand for multi camera system market
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Top Companies Analyzed for Multi Camera System Market for Automotive are –
- Bosch (Germany)
- Continental (Germany)
- Delphi (UK)
- Valeo (France)
- Clarion (Japan)
- NXP Semiconductors(Netherlands)
- OmniVision Technologies (US)
- Ambarella (US)
- Xilinx (US)
- Texas Instruments (US)
Inquire For Complete Report Copy of 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 www.rnrmarketresearch.com/contacts…ing?rname=1244340
North America is estimated to be the largest regional market for multi camera system market for automotive in 2017. With one of the largest markets for premium segment vehicles, North America is expected to dominate the multi camera system market for automotive during the forecast period.
In addition, heavy investments in research and development in the automotive sector by OEMs in the North American region create opportunities for technological innovations. Also, the demand for additional safety features in mid variant vehicles is increasing exponentially in the region.
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These factors are expected to fuel the growth of the multi camera system market in the North American region.
The Level 1 vehicle segment is estimated to hold the largest market share of the multi camera system market during the forecast period. The market presence of Level 2&3 and Level 4 vehicles is negligible during the forecast period.
Hence, the Level 1 vehicle segment is the largest contributor in the multi camera system market. The market for Level 2&3 and Level 4 vehicles is expected to increase at a gradual rate.
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- 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
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The multi camera system market for automotive has been segmented by function (parking and ADAS), display type (2D and 3D), level of autonomous driving (level 1, level 2 & 3, and level 4), vehicle type (passenger and commercial vehicle)and region (Asia Pacific, Europe, North America, and the Rest of the World).The market has been projected, in terms of volume (‘000 units) and value (USD million).
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