As we can see from the emergence of 3D displays, coding techniques, and camera setups, three-dimensional (3D) video and image technologies are an emerging trend in the development of digital video systems. Typically, a group of synchronised cameras that are recording the same image from several angles can provide three-dimensional multi-view video. Applications like free viewpoint video and 3D-TV are made notably possible by this method. Free-viewpoint video programmes offer the option to choose and render a virtual viewpoint of the scene in real time.
Vehicle Multi-View Camera System (MVCS) market is presently worth USD 7,866.6 million and is poised to amplify at a CAGR of 110.6% over 2022-2030, thereby amassing a valuation of USD 4.6 billion by end of the assessment timeline.
In 2020, the COVID-19 epidemic had a significant impact on the market for Vehicle Multi-View Camera Systems (MVCS), which is being constrained by application ventures' slow adoption of the available control and collaboration mechanisms. The widespread spread of the Covid has resulted in supply chain disruptions, lockdowns across the country, limited work in a few current regions, and temporary end-accumulation activities.
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Multi-View Camera System (MVCS) Market- Segmental Assessment
By Product Type
- 2D
- 3D
- Others
By Function
- Parking
- ADAS
- Others
By End-User
- Passenger vehicle
- Commercial vehicle
- Other
Key Competitors:
Ambarella, Inc., Aptiv PLC, Clarion Co., Ltd., Continental AG, Denso Corporation, Magna International Inc., NXP Semiconductors NV, OmniVision Technologies, Inc., Robert Bosch GmbH, Samvardhana Motherson Automotive Systems Group B.V., Texas Media Systems, Valeo, and Xilinx Inc.
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Key Questions Answered:
- What is the vehicle multi-view camera system market growth?
- What are the vehicle multi-view camera system market drivers?
- What are the key industry trends in this market?
- What is the impact of COVID-19 on this market?
- What is the global vehicle multi-view camera system market segmental analysis?
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