Side View Camera System Market size is expected to reach USD 26.6 Billion by the end of 2036, growing at a CAGR of 18% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of side view camera system was over USD 3.6 Billion. The growing popularity of autonomous and electric vehicles is the reason behind the increased demand in the market. In just three years, the percentage of electric vehicles in overall sales has more than tripled, rising from 4% in 2020 to 14% in 2022.
In addition to these, the performance and dependability of mono camera systems have greatly increased because of technological developments. With these advancements, issues with image quality and low-light performance have been resolved, making mono cameras a practical and effective option for use in automobile applications.
Author Credits: Saima Khursheed
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