Lucintel's latest market report analyzed that vehicle surveillance provides attractive opportunities in the passenger car and commercial vehicle industries. The vehicle surveillance market is expected to reach $79.7 billion by 2027 with a CAGR of 10.8%. In this market, under vehicle surveillance system is the largest segment by type, whereas passenger car is largest by vehicle type. Advanced video surveillance as a service (VSAAS) solutions for out-vehicle surveillance and increasing use of high-definition camera provides strategic growth path in this market.
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Based on type, the vehicle surveillance market is segmented into In-vehicle surveillance, out-vehicle surveillance and under-vehicle surveillance. The under vehicle surveillance system segment accounted for the largest share of the market in 2021 and is expected to register the highest CAGR during the forecast period, due to the increasing demand in the areas of military & defense and government buildings to ensure the public safety.
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The Vehicle Surveillance Market is marked by the presence of several big and small players. Some of the prominent players offering vehicle surveillance include Flir Systems Incorporation, Delphi Automotive PLC, Denso Corporation, Continental AG, Robert Bosch GmbH, Magna International Inc., Valeo, Secuscan, Comm-Port Technologies, Autoliv Inc., and EL-GO TEAM.
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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 [email protected].
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Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
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