Lucintel's latest market report analyzed that automotive vision system provides attractive opportunities in passenger cars and commercial vehicles. The automotive vision system market is expected to reach $XX billion by 2028 with a CAGR of 10% to 12%. In this market, active systems is the largest segment by product, whereas passenger cars is largest by vehicle type. Increasing popularity of semi-autonomous vehicles and rise in demand for advanced safety systems provides strategic growth path in this market.

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Based on product, the automotive vision system market is segmented into active systems and passive systems. The active systems segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to its low price and presenting of sharper images.

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The Automotive Vision System Market is marked by the presence of several big and small players. Some of the prominent players offering automotive vision system include Continental AG, Robert Bosch GmbH, NXP Semiconductors, Delphi Technologies, ZF Friedrichshafen AG, AutolivInc, Stemmer Imaging Ltd, SMR Deutschland GmbH, and Omron Corporation.

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