Side View Camera Systems

Side View Camera Systems

Global Side View Camera Systems Market to Reach US$12.8 Billion by 2030

The global market for Side View Camera Systems estimated at US$88.6 Million in the year 2023, is expected to reach US$12.8 Billion by 2030, growing at a CAGR of 103.6% over the analysis period 2023-2030. Display Component, one of the segments analyzed in the report, is expected to record a 102.9% CAGR and reach US$7.2 Billion by the end of the analysis period. Growth in the Camera Component segment is estimated at 105.6% CAGR over the analysis period.

The U.S. Market is Estimated at US$28.6 Million While China is Forecast to Grow at 95.4% CAGR

The Side View Camera Systems market in the U.S. is estimated at US$28.6 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.4 Billion by the year 2030 trailing a CAGR of 95.4% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 90.8% and 87.1% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 68.2% CAGR.

Global Side View Camera Systems Market - Key Trends and Drivers Summarized

How Are Side View Camera Systems Enhancing Vehicle Safety?

Side view camera systems, also known as digital side mirrors or e-mirrors, are advanced driver assistance systems (ADAS) that replace traditional side mirrors with digital cameras. These systems provide drivers with a broader, clearer view of the vehicle’s surroundings, improving safety during lane changes, parking, and highway driving. Side view camera systems offer features like blind spot monitoring, night vision, and obstacle detection, enhancing situational awareness and reducing the risk of accidents. As the automotive industry shifts toward electric vehicles (EVs) and autonomous driving, side view camera systems are becoming integral to modern vehicle designs, supporting safety and aerodynamics.

What Are the Key Segments in the Side View Camera Systems Market?

Key components include cameras, display units, and control modules, with cameras accounting for the largest share due to their critical role in capturing real-time visuals. Vehicle types encompass passenger vehicles, commercial vehicles, and electric vehicles (EVs), with passenger vehicles representing the largest segment as manufacturers increasingly integrate ADAS features into luxury and mid-range cars. End-users include original equipment manufacturers (OEMs) and aftermarket installers, with OEMs dominating the market due to their focus on incorporating advanced safety features during vehicle manufacturing.

How Are Side View Camera Systems Being Integrated Across Different Vehicle Types?

In passenger vehicles, side view camera systems provide real-time visuals of the vehicle’s sides, improving lane changing and parking safety. Commercial vehicles, such as trucks and buses, use these systems to reduce blind spots and enhance driver awareness, especially in crowded urban areas. Electric vehicles (EVs) benefit significantly from side view camera systems, as they improve aerodynamics by reducing drag compared to traditional side mirrors, thereby increasing range efficiency. Additionally, these systems play a critical role in autonomous vehicles, where high-resolution cameras work alongside sensors and lidar to ensure a comprehensive 360-degree view for navigation and safety.

What Factors Are Driving the Growth in the Side View Camera Systems Market?

The growth in the Side View Camera Systems market is driven by several factors, including increasing demand for advanced safety features in passenger and commercial vehicles. The growing adoption of electric vehicles, which benefit from improved aerodynamics through digital side mirrors, has accelerated the integration of side view camera systems. Regulatory mandates for vehicle safety, especially in regions like Europe and North America, have further fueled demand. Advancements in camera technology, including high-resolution imaging, AI-based obstacle detection, and night vision capabilities, have enhanced system performance, supporting wider adoption. Additionally, the shift toward autonomous driving and the integration of ADAS in modern vehicles have contributed to the growth of the side view camera systems market.

Select Competitors (Total 42 Featured) -

• Ambarella Inc
• Brigade Electronics Group PLC
• Clarion
• Continental AG
• Denso Corporation
• Gentex Corporation
• Hyundai Mobis
• Kappa Optronics GmbH
• Kyocera Corporation
• Magna International, Inc.
• Mcnex Co. Ltd
• Mitsubishi Electric
• Murakami Corporation
• Omnivision Technologies, Inc.
• Panasonic Corporation
• Robert Bosch GmbH
• Samsung Elctro-Mechanics
• Samvardhana Motherson Group
• Sl Corporation
• Stoneridge Inc.
• Stonkam Co. Ltd
• Texas Instruments
• Tokai Rika Co. Ltd
• Valeo
• Zf Friedrichshafen AG

Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

The latest version of Adobe Acrobat Reader is required to view the report. Upon ordering an electronic version, the Publisher will provide a link to download the purchased report.

Prior to fulfillment of an order, the client will be required to sign a document detailing the purchase terms for a publication from this publisher.