Global Automotive Camera-based Side Mirrors Market 2018-2022 - Key Vendors are BMW, Honda, Continental, Magna International, Robert Bosch & Orlaco

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Mar 14, 2018, 09:15 ET

DUBLIN, March 14, 2018 /PRNewswire/ --

The "Global Automotive Camera-based Side Mirrors Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The global automotive camera-based side mirrors market to grow at a CAGR of 16.93% during the period 2018-2022.

Global Automotive Camera-based Side Mirrors Market 2018-2022, 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.

According to the report, one of the major drivers for this market is Increasing preference for safer and convenient features in vehicles. Across the world, vehicle buyers are displaying their preference for enhanced safety features in vehicles. Since the past decade, passenger cars and commercial vehicles are increasingly being equipped with a multitude of safety and convenience features. Rising number of road accidents is also a major reason driving buyers toward enhanced safety features in vehicles. This has boosted integration of mirror systems that provides the driver with improved visibility and help her maintain good levels of awareness.

The latest trend gaining momentum in the market is emergence of surround view mirror system. Surround view mirror system or 360 camera system is basically a system of multiple cameras that are positioned to provide the driver with a bird's eye vision of all the four sides of the vehicle. The system is designed to intelligently combine all the inputs from the surrounding cameras and display as a single video offering an elevated view to the driver. Surround view mirror systems integrate sonar technologies to accurately identify the distance between adjacent vehicles or obstacles and alert the driver with audio signals regarding the distance between the vehicle and obstacle.

Further, the report states that one of the major factors hindering the growth of this market is High replacement costs. Replacement costs associated with automotive technologies increased with the advancement of the technology used in the automotive sector. Camera-based side mirrors have considerably more maintenance costs than conventional side-view mirrors. The integration of sensors, digital display, and the associated relay systems have caused maintenance costs to increase.

Key vendors

BMW
Honda
Continental
Magna International
Robert Bosch
Orlaco

Key Topics Covered:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE

Market ecosystem
Market characteristics
Market segmentation analysis

PART 05: MARKET SIZING

Market definition
Market sizing 2017
Market size and forecast 2017-2022

PART 06: FIVE FORCES ANALYSIS

Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition

PART 07: MARKET SEGMENTATION BY APPLICATION

Segmentation by application
Comparison by application
Passenger cars - Market size and forecast 2017-2022
Commercial vehicles - Market size and forecast 2017-2022
Market opportunity by application

PART 08: CUSTOMER LANDSCAPE

PART 09: REGIONAL LANDSCAPE

Geographical segmentation
Regional comparison
Americas - Market size and forecast 2017-2022
EMEA - Market size and forecast 2017-2022
APAC - Market size and forecast 2017-2022
Key leading countries
Market opportunity

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

Market drivers
Market challenges

PART 12: MARKET TRENDS

Emergence of surround view mirror system
Development of autonomous cars
Advances in automotive camera technology

PART 13: VENDOR LANDSCAPE

Overview
Landscape disruption

PART 14: VENDOR ANALYSIS

Vendors covered
Vendor classification
Market positioning of vendors
BMW
Honda
Continental
Magna International
Robert Bosch
Orlaco

PART 15: APPENDIX

For more information about this report visit https://www.researchandmarkets.com/research/b2g9bm/global_automotive?w=5

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SOURCE Research and Markets