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Under-Vehicle Surveillance Market by Product (Blind spot detection system (BSDS), Autonomous cruise control system (ACCS), Parking assist system (PAS), Lane departure warning system (LDW), Heads-up display device (HUDD) and Global positioning system (GPS)), Vehicle (Passenger vehicle and Commercial vehicle), Under Vehicle Type (Fixed/static under-vehicle surveillance and Portable/mobile under-vehicle surveillance system), and Out Vehicle Type (Hardware, Software and Services): Global Opportunity Analysis and Industry Forecast, 2021–2027

A11407
Pages: NA
Aug 2021 | 68 Views
 
Author(s) : Sonia Mutreja
Tables: NA
Charts: NA
 

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Under-Vehicle Surveillance Market Outlook 2027 -

Under vehicle inspection system is used to detect threats such as bombs that are hidden underneath vehicles. Cameras help in capturing images of the undercarriage of the vehicle for manual or automated visual inspection by security personnel or systems. Under-vehicle inspection systems can be permanent (embedded in the road), fixed (attached to the road's surface), or portable (mobile). Under-vehicle surveillance system generally consists of imaging systems mounted on a roadway and used at facility access points, particularly at secure facilities. Thus, these systems help in providing protection to the vehicles and leads to the growth of the market in near future.

Market scope and structure analysis

Report Metric

Details

  Market size available for years

2021–2027

  Base year considered

2019

  Forecast period

2021–2027

  Forecast units

Value (USD)

  Segments covered

Product, vehicle, under vehicle type, and out vehicle type

  Regions covered

North America (the U.S. and Canada), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), Latin America (Brazil, Mexico, and rest of LATAM) and The Middle East and Africa

  Companies covered

Delphi Automotive PLC, Robert Bosch GmbH, Continental AG, DENSO Corporation, Honeywell Security Group, COMM-PORT Technologies, Law Enforcement Associates, SecuScan, and Hangzhou Hikvision Digital Technology Co. Ltd.

 

COVID-19 SCENARIO ANALYSIS

  • UAV manufacturers worldwide are struggling to meet production deadlines as the coronavirus continues to impact Chinese electronic component manufacturing industries.
  • A growing number of component suppliers worldwide are also experiencing slowdowns or shutdowns in response to the COVID-19.
  • Covid-19 pandemic has reduced the speed of production due to social distancing will restart at only when situation is stable.
  • After the outbreak of COVID-19, many technology sectors are facing new challenges in the supply chain.
  • Disruptions in the supply chain due to COVID-19 have slowed down the shipments of UAVs to major markets across the globe.

Top impacting factors: Market scenario analysis, trends, drivers, and impact analysis

The significant factors impacting the growth of under-vehicle surveillance market are favorable government regulations and increased use of surveillance software’s. However, high cost of system regulations and technological advancements in autonomous cars hamper the growth of the automotive under-vehicle surveillance market. On the other hand, safety measures, and increasing demand of surveillance will fuel demand in the market.

Favorable government regulations 

Government policies and regulations regarding inspection of the car has resulted in the increase demand of under-vehicle surveillance market. Moreover, this inspection provides safety to the people and places. Thus, safety leads to the growth of the market in near future.

Increased use of surveillance software

High penetration of vehicle surveillance market in developing countries has increased the demand of the under-vehicle surveillance market. Moreover, technological software has resulted in easy inspection of the vehicles for the purpose of safety. This leads to the growth of the market in near future.

Key segments covered:

Segments

Sub-segments

  By product

  • Blind spot detection system (BSDS)
  • Autonomous cruise control system (ACCS)
  • Parking assist system (PAS)
  • Lane departure warning system (LDW)
  • Heads-up display device (HUDD)
  • Global positioning system (GPS)

  Out-vehicle system by type

  • Hardware
  • Software
  • Services

  By vehicle type

  • Passenger vehicle
  • Commercial vehicle

  Under vehicle by type

  • Fixed/static under-vehicle surveillance market
  • Portable/mobile under-vehicle surveillance system


Key benefits of the report:

  • This study presents the analytical depiction of the market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the market share.
  • The current market is analyzed from 2020 to 2027 to highlight the market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed under-vehicle surveillance market analysis based on competitive intensity and how the competition will take shape in coming years.

Questions answered in the under-vehicle surveillance market research report:

  • Which are the leading market players active in the market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What are the projections for the future that would help in taking further strategic steps?
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 
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