According to study, “Global
In-Vehicle Surveillance Market, by Solution (Blind Spot Detection System,
Parking Assist System, Lane Departure Warning System, Head Up Display Device,
GPS), Vehicle Type (Commercial, Passenger), Application - Forecast 2023”
the key companies operating in the global in-vehicle surveillance market are
Bosch Group, Delphi Automotive PLC, Zhejiang Dahua Technology Co. Ltd.,
Advantech Co. Ltd., Nexcom International Co. Ltd., Hangzhou Hikvision Digital
Technology Co. Ltd., Seon, Amplicon Liveline Ltd, FLIR System Inc.
Surveillance is the monitoring of activities,
behavior, or information for the intention of influencing, directing or
managing. Surveillance comprises observation from a distance using electronic
equipment, for instance closed-circuit television (CCTV), or interception of
electronically transmitted information, such as internet traffic. The
in-vehicle surveillance is a compelling arrangement in attenuation the crime
rates on open public places particularly on the public transportation systems.
Based on component, global in-vehicle surveillance market
is segmented into software, hardware, and services. The software solutions
include video analytics and video management systems (VMS). The hardware
solutions include cameras, video encoders, storage devices, and other
accessories. The services include installation and maintenance services. Based
on solution, market is segmented into Blind Spot Detection System (BSDS), Lane
Departure Warning (LDW) system, Parking Assist System (PAS), Global Positioning
System (GPS) and Head-Up Display Device (HUDD). BSDS used
to view the traffic & vehicles around vehicle proximity. GPS segment is
expected to witness the market due to improved network infrastructure and
increase in technical expertise among people. Based on system type, market is
segmented into IP surveillance, analog surveillance, and hybrid surveillance. Based
on vehicle type, market is segmented into passenger vehicle and commercial
vehicle. In addition, based on application, market is segmented into longstop
object detection, traffic congestion and law enforcement.
The in-vehicle surveillance market is driven by
increase in security concerns at public places, followed by proliferation of
in-vehicle connectivity, increase in population, rise in m-commerce, advancement
in technology & developed network architecture and emerges in high
end-vehicle market in developing countries. In addition, an increase in
security concern for digital business transaction is another major driven
factor for the market. However, increase in requirement of sophisticated
maintenance, data privacy issues, difficult implementation of
high-bandwidth communication technologies & high capacity storage devices and
complex features (high costs associated with the installation) may impact the
market.
Nowadays, law enforcement agencies are adopting in-vehicle
surveillance for police vehicles to protect police officers & healthcares,
as well as medical sector, are deploying in-vehicle surveillance in Emergency
Medical Service (EMS) vehicles in order to observe the patient condition inside
the ambulance.
Based on geography, the North-American region holds
major share, followed by European region in in-vehicle surveillance market
owing to strict government regulations for enhanced safety & security of
the civilians and increase in technological
advancements in the region. The Asian-Pacific region is expected to witness
higher growth rate due to increase in terror attacks over the forecast period.
It is anticipated that the market will be reached at US $5.6 billion by 2023, by growing at a CAGR of 26% during the
anticipate period.
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report, refer to below link:
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