Forecasted Growth of Automotive 360-Degree Surround View Camera Market to Reach $4.0 Billion by 2031

Monday, 18 March 2024, 09:05

Stringent safety regulations are propelling the growth of the global automotive 360-degree surround view camera market. Transparency Market Research predicts the market valuation to hit USD 4.0 billion by 2031 with a remarkable 10.5% CAGR.
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Forecasted Growth of Automotive 360-Degree Surround View Camera Market to Reach $4.0 Billion by 2031

Market Growth Driven by Safety Regulations

Governments have employed stringent safety regulation acts, compelling organizations to follow suit, fueling the growth of the global automotive 360-degree surround view camera market. This trend is a key driver for significant market expansion.

Market Valuation Projection

Transparency Market Research Inc. reports that the forecasted market valuation for the market is set to reach a substantial US$ 4.0 billion by 2031, a significant leap from the previous valuation of US$ 1.7 billion in 2022.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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