Automotive Surround View Systems Market Size, Share, Value & Forecast 2034

Automotive Surround View Systems Industry Perspective:

What will be the global automotive surround view systems market size during the forecast period?

The global automotive surround view systems market size was worth around USD 6.02 billion in 2024 and is predicted to grow to around USD 19.82 billion by 2034, with a compound annual growth rate (CAGR) of roughly 14.22% between 2025 and 2034.

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Key Insights:

• As per the analysis shared by our research analyst, the global automotive surround view systems market is estimated to grow annually at a CAGR of around 14.22% over the forecast period (2025-2034)
• In terms of revenue, the global automotive surround view systems market size was valued at around USD 6.02 billion in 2024 and is projected to reach USD 19.82 billion by 2034.
• The automotive surround view systems market is projected to grow at a significant rate due to the rising emergence and expansion of autonomous vehicles.
• Based on the technology, the camera-based technology segment is growing at a high rate and will continue to dominate the global market, as per industry projection
• Based on the component type, the cameras segment is anticipated to command the largest market share
• Based on region, the Asia-Pacific is projected to dominate the global market during the forecast period

Automotive Surround View Systems Market: Overview

Automotive surround view systems are key components of modern advanced driver assistance systems (ADAS) technology. These solutions employ camera-based components to provide the driver with a comprehensive, bird's-eye view of the vehicle's surroundings. Automotive surround view systems are designed to capture and fuse images from multiple cameras mounted at different angles on the vehicle. The placements are generally found on the rear, front, and side angles. The image thus generated is a 360-degree view of the vehicle’s surroundings. Automotive surround view systems are designed to enhance the driving experience by enabling drivers to navigate compact spaces and avoid collisions with obstacles that may not be visible in traditional vehicle mirrors. The demand for automotive surround view systems is expected to continue growing, driven by several favorable factors.

For instance, the emergence of autonomous vehicles and their rapid integration in the commercial automotive segment will propel market demand. The market players may face growth limitations due to the high cost of advanced ADAS systems and rising cases of counterfeit product sales across the globe.

Automotive Surround View Systems Market: Dynamics

Growth Drivers

How will the emergence and expansion of autonomous vehicles fuel the automotive surround view systems market growth?

The global automotive surround view systems market is expected to be dominated by the growing adoption of autonomous vehicles. These are self-driving cars that do not depend on human assistance for driving purposes. Autonomous vehicles rely heavily on modern software, sensors, and other breakthrough technologies, such as Artificial Intelligence (AI), to navigate busy roads. The most common technologies enabling a safe driving experience with autonomous vehicles include next-generation cameras, Global Positioning System (GPS), and Light Detection and Ranging (LiDAR), among others.

According to industry projections, the global autonomous vehicles market is expected to grow at a CAGR exceeding 30% over the forecast period, thereby increasing demand for automotive surround-view systems. The latter solutions form an integral part of self-driving vehicles. In December 2025, NEC Corporation started providing vehicle management equipment (VME) for autonomous vehicles at Tokyo International Airport after receiving an order from the East Japan Civil Aviation Bureau of the Ministry of Land, Infrastructure, Transport and Tourism (MLIT). The VEM solution includes signal equipment that connects with autonomous vehicles and camera systems to cover blind spots.

Rising demand for parking assistance technologies to fuel industry expansion trends

According to industry analysis, more than 20.01% of vehicle-related accidents occur in parking lots. Additionally, growing concerns about the scarcity of parking spaces worldwide have increased demand for parking assistance technologies. These solutions have gained higher demand among car owners living in densely populated areas or industrial vehicles that must navigate compact spaces. Such trends are expected to continue benefiting the companies operating in the global automotive surround view systems market over the projection period.

Restraints

What will be the impact of cost barriers on the automotive surround view systems market growth rate?

The global automotive surround view systems market is projected to be constrained by rising cost barriers to industry revenues. Advanced automotive surround view systems are expensive to develop and integrate into vehicles. For instance, the average cost of adding surround view systems for a 360-degree view costs over USD 2000. Retrofitting from aftermarket service providers can cost between USD 600 and USD 700. The high expenses associated with developing, integrating, and maintaining good-quality surround view systems are likely to create growth limitations for the industry players.

Opportunities

Will the increased demand for fleet management technologies offer new growth possibilities for the automotive surround view systems industry?

The global automotive surround view systems market is projected to generate growth opportunities due to the rising demand for fleet management solutions across the globe. The rapid expansion of the transportation, e-commerce, and logistics industries has amplified the requirement to expand and modernize fleet operations. This includes the addition of new vehicles and upgrading existing ones with modern technologies such as automotive surround view systems.

In January 2025, Verizon Connect, a global telematics & fleet management solutions company, announced the launch of two advanced engineering breakthroughs that enhance fleet safety and driver performance. The new launches include new Extended View Cameras that deliver near-360-degree visibility with rear, side, and cargo cameras, along with a customizable Driver Vehicle Inspection Report (DVIR). The Extended View Cameras are equipped with Integrated Video solutions and include an in-cab monitor and additional cameras. The increasing integration of automotive surround-view systems across commercial vehicles worldwide may further create novel expansion opportunities for industry players.

Challenges

How will concerns over counterfeit products challenge the automotive surround view systems market?

The global automotive surround view systems industry is projected to be challenged by the rising cases of counterfeit products being circulated in the commercial economy. It includes the use of low-grade cameras, sub-standard raw material, and unlicensed components. Counterfeit products diminish brand value and also lead to significant monetary losses.

Automotive Surround View Systems Market: Report Scope

Automotive Surround View Systems Market: Segmentation

The global automotive surround view systems market is segmented based on technology, vehicle type, component type, end-user industry, and region.

Why will the camera-based technology segment lead the automotive surround view systems market?

Based on technology, the global market is divided into Lidar-based systems, radar-based systems, and camera-based systems. In 2024, the highest growth was observed in the camera-based technology segment due to its higher cost-effectiveness. Additionally, camera-based automotive surround view systems are more compatible with existing ADAS systems worldwide.

Based on vehicle type, the global automotive surround view systems industry is divided into luxury vehicles, commercial vehicles, and passenger vehicles.

Why will the cameras segment dominate the automotive surround view systems industry?

Based on component type, the global market is fragmented into sensors, monitors, and cameras. The highest revenue was recorded in the cameras segment in 2024, attributable to the component's role as an integration element of surround-view systems. The increasing introduction of high-resolution cameras for applications in surround view systems will help propel segmental revenue during the projection period.

Based on the end-user industry, the global market divisions are aftermarket and original equipment manufacturer (OEM).

Automotive Surround View Systems Market: Regional Analysis

Why will Asia-Pacific continue to lead the automotive surround view systems market during the projection period?

The global automotive surround view systems market will be led by Asia-Pacific during the projection period. In 2024, the region accounted for nearly 41% of the global revenue and is expected to deliver a CAGR of more than 17% over the forecast period. The regional market is driven by higher production rates of advanced surround-view systems across major Asian economies, including China, Japan, India, and South Korea.

In July 2025, Pioneer India introduced the new Automotive 360° Surround View Camera System to the regional market, offering improved visibility in complex traffic conditions. The growing number of passenger and commercial vehicles operating on roads across the Asia-Pacific will facilitate increased revenue in the region.

What will enable North America to emerge as the second-leading region in the automotive surround view systems industry?

North America is expected to emerge as the second-highest growth revenue generator during the forecast period, with a CAGR of around 11% in the coming years. Growth in North America will be led by the presence of high road safety standards across the US and Canada. Increasing regional demand for luxury vehicles and growing penetration of surround view systems in fleet management will lead to higher revenue across North America. Additionally, technological advancements by regional players, such as multi-camera fusion, AI-powered image processing, and sensor fusion, will support future regional expansion.

Automotive Surround View Systems Market: Competitive Analysis

The global automotive surround view systems market is led by players like:

• Robert Bosch GmbH
• Magna International
• Texas Instruments
• Sony Corporation
• Aisin Seiki
• Denso Corporation
• OmniVision Technologies
• Gentex Corporation
• Hyundai Mobis
• Valeo
• Panasonic Corporation
• Continental AG
• Renesas Electronics
• Aptiv PLC
• Ambarella Inc.

What are the key trends in the Automotive Surround View Systems Market?

Higher visual quality

An emerging trend in the automotive surround view systems industry is the growing demand for higher visual quality. Companies are working on developing technologies that offer a realistic birds-eye view of the surroundings for improved results.

Improved refining & rendering of objects

The introduction of new algorithms that reduce image and video distortions, particularly during object refinement and rendering, is a promising trend in the market. This will allow improved clarity of objects that are closer to the vehicle.

The global automotive surround view systems market is segmented as follows:

By Technology

• Lidar-Based Systems
• Radar-Based Systems
• Camera-Based Systems

By Vehicle Type

• Luxury Vehicles
• Commercial Vehicles
• Passenger Vehicles

By Component Type

• Sensors
• Monitors
• Cameras

By End-User Industry

• Aftermarket
• Original Equipment Manufacturer (OEM)

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France 
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa