Automotive 360 Degree Surround View Camera Market Strategic Analysis by 2034

Automotive 360 Degree Surround View Camera Market Dynamics, Competitive Forces & Strategic Pathways

The automotive 360 degree surround view camera market is expected to increase from USD 3.09 billion in 2025 to USD 7.7 billion by 2034, growing at a CAGR of 10.69% throughout the forecast period from 2025 to 2034.

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Introduction

The automotive 360-degree surround view camera market is a prominent sector of the automotive industry. This industry deals in manufacturing and distribution of 360-degree cameras for automotives. There are several types of products developed in this sector comprising of 4 camera systems, 6 camera systems, 8 camera systems and some others. These cameras are designed for various types of vehicles consisting of sedans, SUVs, pickups and vans. The growing sales of luxury cars in different parts of the world has driven the industrial expansion. This market is expected to grow drastically with the rise of the automotive e-commerce sector in different parts of the world.

• According to the annual report of BMW, around 5586 luxury cars of Rolls Royce were sold in 2022 that increased to 6021 in 2023.

Highlights of the Automotive 360 Degree Surround Camera Market

• North America held the dominant share of the 360 degree surround camera market due to the growing demand for luxury cars in this region.
• Europe is expected to grow with a significant CAGR due to the technological advancements in automotive sector in this region.
• The passenger vehicles segment dominated the market due to the rising demand for SUVs in this region.
• The OEMs segment led the market due to the rapid investment by market players for integrating advanced cameras in luxury cars.

Automotive 360 Degree Surround View Camera: Stats and Figures

• According to the Automotive Component Manufacturers Association of India, the automotive components industry of India generated a revenue of around US$ 74.1 billion in 2024.
• According to the International Trade Administration, the Mexican auto parts market for aftermarket and OEM generated a revenue of US$ 116 billion in 2023.
• According to the IID Organization, the automotive e-commerce market was valued at US$ 213.08 billion in 2029.
• According to the International Organization of Motor Vehicle Manufacturers, around 65272367 passenger cars were sold globally in 2023.

Industry Leader Announcement

In October 2024, the CEO of Valeo Brain Division announced that, “As the market for automated and safety functions grows, our scalable Smart Safety 360 system leverages Valeo’s expertise in both hardware and software. With the addition of the Navigation on Pilot function, based on HERE’s expertise in maps and navigation software, OEMs will be able to offer more ADAS functions with a limited impact on architecture by making the most of the technologies already used in the vehicles. We are looking forward to exploiting the full potential of the solution to make our technologies for the safety of road users affordable to all.“

Geographical Insights

North America held the highest share of the automotive 360 degree surround view camera market. The rising demand for luxury vehicles along with presence of numerous automotive brands has boosted the industrial growth. Additionally, the growing consumer preference towards electric vehicles has driven the industrial expansion in this region.

In North America, the U.S. is a major contributor of this industry. The market in this country is generally driven by the growing sales of SUVs coupled with technological advancements in automotive sector. Moreover, the automotive brands are collaborating with camera manufacturing companies to integrate advanced cameras in vehicles has played a positive role in shaping the industrial landscape.

Competitive Landscape

The automotive 360 degree surround view camera market is a fragmented industry with the presence of several dominating players. Some of the crucial players in this industry consists of Harman International, Sony, Zephyr Imaging, Magna International, Hyundai Mobis, Garmin, Aptiv, Denso, Continental, Samsung Electronics, Panasonic, Visteon, Valeo and some others. These companies are constantly engaged in developing high-quality relays and adopting various strategies to maintain their dominant position in this industry.

• According to the annual report of Continental AG, the revenue of Contitech segment in 2022 was 6520.2 million euros that increased to 6765.8 million euros in 2023.

Automotive 360 Degree Surround View Camera Market Segmentation Insights

By Application

• Passenger Vehicles
• Commercial Vehicles
• Heavy-Duty Vehicles
• Two-Wheelers

By Technology

• 4 Camera Systems
• 6 Camera Systems
• 8 Camera Systems

By Vehicle Type

• Sedans
• SUVs
• Pickups
• Vans

By Sales Channel

• OEMs
• Aftermarket

By Region

• North America
• Europe
• South America
• Asia Pacific
• Middle East and Africa