Multi Camera System Market Size, Share, Analysis, Forecast 2030

The market for multi-camera systems was valued at USD 700.7 million in 2021 and is anticipated to reach USD 2843.4 million by 2030, growing at a CAGR of 19.13% over that time. The market is influenced by things like the increased focus insurance companies are placing on safety features, the expanding tendencies to add more safety features to cars, and the growing demand for cars in the premium class. A multi camera system combines a camera with an integrated electronic device that is used in a variety of ways in the car. The operation of ADAS (Advanced Driver Assistance System) functions including blind spot recognition, object detection, and traffic sign recognition is supported by this multi-camera system.