NEW YORK, Feb. 16, 2017 /PRNewswire/ -- Trends, opportunities and forecast in this market to 2021 by type (in-vehicle surveillance, out-vehicle surveillance, and under vehicle surveillance), in-vehicle surveillance by technology (adaptive cruise control, parking assistance system, blind spot detection systems, lane departure warning system, heads-up display, GPS, and others), in-vehicle surveillance by type (passenger car and commercial vehicle), under vehicle surveillance by vehicle type (fixed and portable)
The future of the global vehicle surveillance market looks promising with opportunities in the passenger car and commercial vehicle industries. The global vehicle surveillance market is expected to reach an estimated $54.6 billion by 2021 and it is forecast to grow at a CAGR of 13.4% from 2016 to 2021. The major drivers of growth for this market are growing demand for premium cars with advanced safety and security features and stringent government regulations concerning passenger safety.
Emerging trends, which have a direct impact on the dynamics of the industry, include advanced video surveillance as a service (VSAAS) solutions for out-vehicle surveillance and increasing use of high definition camera.
The study includes a forecast for the global vehicle surveillance market by type, technology, end use, and region as follows:
By type [Value ($M) analysis from 2010 to 2021]:
- In-Vehicle Surveillanc
- Out-Vehicle Surveillance
- Under-Vehicle Surveillance
In-vehicle surveillance market by vehicle type [Value ($M) analysis from 2010 to 2021]:
- Passenger Car
- Small Car
- Medium Car
- Large Car
- Commercial Vehicles
In-vehicle surveillance market by technology [Value ($M) analysis for 2015 and 2021]:
- Adaptive cruise control
- Parking assistance system
- Blind spot detection systems
- Lane departure warning system
- Heads-up display
Under vehicle surveillance system (UVSS) by type [Value ($M) analysis from 2010 to 2021]:
- Fixed type
- Portable type
Under vehicle surveillance system (UVSS) by end use industry [Value ($M) analysis from 2010 to 2021]:
- Military & Defense
- Government Buildings, Embassy compounds
- Energy plant entrances
By Region [Value ($M) analysis for 2010 – 2021]:
- North America
- Asia Pacific
- The Rest of the World
Robert Bosch GmbH, Delphi Automotive PLC, Continental AG, Magna International Inc. and Comm-Port Technologies are among the major suppliers of the vehicle surveillance.
On the basis of its comprehensive research, Lucintel predicts that under vehicle surveillance system (UVSS) is likely to experience the highest growth in the forecast period supported by increasing demand in the areas of military & defense and government buildings to ensure the public safety.
Within the in-vehicle surveillance market by vehicle type, passenger car is expected to remain the largest market due to the increasing demand for premium cars. The commercial vehicle segment is expected to experience the highest growth rate in the forecast period supported by increasing demand for vehicle tracking and information system.
North America is expected to remain the largest region during the forecast period due to the stringent government regulations for improved safety and security.
This report answers following 11 key questions:
Q.1 What are some of the most promising, high-growth opportunities for the global vehicle surveillance market by type (in-vehicle surveillance, out-vehicle surveillance, and under vehicle surveillance), In-vehicle surveillance by technology (adaptive cruise control, parking assistance system, blind spot detection systems, lane departure warning system, heads-up display, GPS, and others), In-vehicle surveillance by type (passenger car and commercial vehicle), Under vehicle surveillance by vehicle type (fixed and portable), Under vehicle surveillance by end use (military & defense, government buildings, embassy compounds, energy plant entrances, commercial, and others), and by region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the market?
Q.6 What are the emerging trends in this market and reasons behind them?
Q.7 What are some changing demands of customers in the market?
Q.8 What are the new developments in the market? Which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via materials or product substitution?
Q.11 What M&A activity has occurred in the last 5 years?
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