A rear-view camera is a special type of video camera that is produced specifically for the purpose of being attached to the rear of a vehicle to aid in backing up, and to alleviate the rear blind spot. It is specifically designed to avoid a backup collision. The area directly behind vehicles has been described as a "killing zone" due to the associated carnage. Backup cameras are usually connected to the vehicle head unit display.
The rising safety standards in automobiles is one of the key drivers responsible for the growth of the industry. Advanced safety systems are no longer restricted to premium vehicles like luxury buses, and electronic equipment such as cameras and sensors are now being installed, even in the mid-segment buses. Road accidents result not only in the loss of life and property but also creates major breaches in safety and security. The adoption of advanced driver assistance systems (ADAS) such as rear-view cameras enhance the blind spot visibility and increase safety for both drivers and pedestrians. The adoption of autonomous safety systems has a potential to reduce chances of accidents by up to 90%, which is a key factor driving their rising adoption.
APAC is expected to be the major revenue contributor to the market throughout the forecast period. The region is in the early stages of adoption of bus RVC, which will be the major factor for the region’s market dominance. Moreover, the focus of the leading OEMs in China to attract customers by providing advanced camera based driving assist and parking systems, will also considerably fuel the market’s growth in this region.
In 2019, the market size of Bus Rear-View Camera (RVC) is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Bus Rear-View Camera (RVC).
This report studies the global market size of Bus Rear-View Camera (RVC), especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Bus Rear-View Camera (RVC) production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
STONKAM
Luminator Technology
Rear View Safety
Vision Techniques
Rostra Precision Controls
Lintech Enterprises
Veise Electronic
...
Market Segment by Product Type
Wired Rear-View Camera
Wireless Rear-View Camera
Market Segment by Application
OEMs
Aftermarket
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Bus Rear-View Camera (RVC) status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Bus Rear-View Camera (RVC) manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Bus Rear-View Camera (RVC) are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Bus Rear-View Camera (RVC). Industry analysis & Market Report on Bus Rear-View Camera (RVC) is a syndicated market report, published as Global (United States, European Union and China) Bus Rear-View Camera (RVC) Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Bus Rear-View Camera (RVC) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.