Skip to main content

Posts

Showing posts with the label vehicle surveillance market size

Vehicle Surveillance Market - Forecast(2022 - 2027)

Vehicle surveillance scope includes: in-vehicle surveillance, under-vehicle surveillance, and out-vehicle surveillance. The market is poised to witness a growth owing to increasing need for security and sales of premium cars. The demand for out-surveillance is estimated to be driven by the need to reduce fatalities from transportation. The technological advancements and regulations present huge opportunities to the tier I suppliers in this market. OEMs are developing innovative products to cater to the demands of security from the end-users. Various technologies such as parking assist systems, GPS, ACC and BSD are being integrated in the vehicles to improve safety and reduce fatalities. During the forecast period, it is estimated that, parking assist and GPS segments will witness the highest growth owing to safety and convenience features offered by thee systems. However, the prices of these systems are estimated to be a hindrance for its adoption in cost-sensitive markets. This report...