Market Research Report Global Bus Rear-View Camera (RVC) Market Trends

Global Bus Rear-View Camera (RVC) Market
Trends and Forecast Report 2017-2021
Market Research Hub (MRH) has recently announced the addition of a fresh report,
titled “Global Bus Rear-view Camera (RVC) Market 2017-2021” to its report
offerings. The report has been prepared based on an in-depth market analysis with
inputs from industry experts. The report covers the market landscape and its growth
prospects over the coming years. The report also includes a discussion of the key
vendors operating in this market.
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The major reason for the need for the RVCs than reverse parking sensors in buses is
because of few drawbacks and unfavorable market dynamics in the reverse parking
sensors market. The automotive parking sensors market is concentrated by OEMs,
while aftermarket is fragmented with intense competition among the regional
players, and this competition is expected to intensify further with product extensions
and technological innovations. This increasing competition in the aftermarket
segment where the occurrence of a failure in parking sensors system is more than
the OEM products will become a threat to safety in the buses.
Technavios analysts forecast the global bus RVC market to grow at a CAGR of 19.8
Covered in this report
The report covers the present scenario and the growth prospects of the global bus
RVC market for 2017-2021. To calculate the market size, the report considers the
revenue generated from the sales of bus RVC.