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In-Vehicle Video Surveillance Market Explored in Latest Research
Market Dynamics
Significant factors driving the growth of the
demand for in-vehicle surveillance are growing emphasis on vehicle connectivity
and rising public safety concerns.
Technology giants such as Bosch Group, Delphi
Automotive PLC, Zhejiang Dahua Technology Co. Ltd. & Advantech Co. Ltd. are
the key players in the In-vehicle Video surveillance Market. The
increase in security issues for digital business transactions is another main
factor driving the growth of the in-vehicle surveillance sector. Increasing
market acceptance of in-vehicle surveillance indicates that these companies
give their customers a more advanced yet safe platform for monetary transactions.
These factors are, therefore, expected to drive the demand for in-vehicle
surveillance in the coming years.
Due to improved network infrastructure and
increased technological expertise among people, the GPS system is becoming
increasingly popular and dominates the market for vehicle surveillance. The
increasing technological innovation in the automotive sector and the growing
market for the Internet of Things, the demand for connectivity in vehicles,
particularly in cars and trucks, is rising rapidly. The existence of
connectivity in cars through digital technology will improve the vehicle's
internal functionality and increase the comfort of passengers in the vehicle.
This also provides automakers with the advantage of linking all objects,
including smartphones, tracking systems, traffic lights, and other motor
vehicles. As a result, in-vehicle connectivity also boosts the in-vehicle
surveillance system's market growth, especially in passenger vehicles.
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Market Segmentation
The global in-vehicle surveillance market has been
segmented by solution, vehicle type, and application.
Based on the solution, the global in-vehicle
surveillance market has been segmented into blind spot detection system,
parking assist system, lane departure warning system, head up display device,
and global positioning system. Nonetheless, the sub-segment of the global
positioning system is projected to have the largest market share of the
in-vehicle surveillance market.
Based on vehicle type, the global in-vehicle
surveillance market has been segmented into commercial and passenger.
Based on the application, the global in-vehicle
surveillance market has been segmented into traffic congestion, longstop object
detection, law enforcement, and others.
Regional Analysis
Based on region, the global in-vehicle surveillance
market has been segmented into North America, Europe, Asia Pacific, and the
Rest of the World.
North America dominates the global market for
in-vehicle surveillance, followed by Europe, the second-largest market due to
the growing m-commerce industry, while the Asia Pacific is the third largest.
Key Players
The prominent participants identified by MRFR in
the in-vehicle surveillance market are – Bosch Group (Germany), Delphi
Automotive PLC (U.K.), Zhejiang Dahua Technology Co. Ltd. (China), Advantech
Co. Ltd. (Taiwan), Nexcom International Co. Ltd. (Taiwan), Hangzhou Hikvision
Digital Technology Co. Ltd. (China) Seon (Canada), Amplicon Liveline Ltd. (UK)
and FLIR System Inc. (U.S.).
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Information:
https://www.marketresearchfuture.com/reports/in-vehicle-video-surveillance-market-4147
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