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Lucintel Forecasts Global Vehicle Surveillance Market To Reach $75.2 Billion By 2025
According to the recent study the global vehicle surveillance market is projected to reach an estimated $75.2 billion by 2025 from $41.2 billion in 2019, at a CAGR of 10.6% from 2020 to 2025. Growth in this market is primarily driven by growing demand for premium cars with advanced safety and security features and stringent government regulations concerning passenger safety.
Browse 78 figures / charts and 70 tables in this 176 -page report to understand trends, opportunities and forecast in 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 vehicle type (passenger car and commercial vehicle), Under vehicle surveillance by type (fixed and portable), Under vehicle surveillance by application (military & defense, government buildings, embassy compounds, energy plant entrances, commercial, and others), and region (North America, Europe, ...
... Asia Pacific, and the Rest of the World).
Download sample report and view detailed Table of Content by clicking on below link – https://www.lucintel.com/vehicle-surveillance-market-2016.aspx
“Passenger car market is expected to remain the largest segment during the forecast period.”
Based on in-vehicle surveillance market by vehicle type, the global vehicle surveillance market is segmented into passenger car and commercial vehicle. Lucintel forecasts that the passenger car is expected to witness the largest segment over the forecast period due to the increasing demand for premium cars and 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.
“Within the global vehicle surveillance market, the under vehicle surveillance system (UVSS) segment is expected to remain the highest growth type”
Based on type, the under vehicle surveillance system (UVSS) segment is expected to witness the highest growth over the forecast period supported by increasing demand in the areas of military & defense and government buildings to ensure the public safety.
“North America will dominate the global vehicle surveillance market in near future”
North America is expected to be the largest region over the forecast period due to the stringent government regulations for improved safety and security.
Download Brochure of this report by clicking on https://www.lucintel.com/vehicle-surveillance-market-2016.aspx
Major players of global vehicle surveillance market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Robert Bosch GmbH, Delphi Automotive PLC, Continental AG, Magna International Inc. and Comm-Port Technologies are among the major Global vehicle surveillance providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/vehicle-surveillance-market-2016.aspx or helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com
Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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