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Technavio Research: Technavio Projects $ 5 Billion Growth in Automotive Surround View Systems Market During 2020-2024 | Rising Penetration of ADAS to be a Major Trend


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The global automotive surround view systems market is poised to grow by USD 4.98 billion during 2020-2024, progressing at a CAGR of about 11% during the forecast period. Technavio calculates the market size based on combined revenue generated by vendors operating in the market. Factors such as advancements in technology leading to affordable camera-assisted safety technologies, increased use of electric components in automobiles, and the integration of advanced automotive safety systems are crucial in driving the growth of the market.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201216005973/en/
Technavio has announced its latest market research report titled Global Automotive Surround View Systems Market 2020-2024 (Graphic: Business Wire) ....

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