Under vehicle surveillance market is estimated to value approximately USD 10 billion by the end of 2023 with a CAGR of 13%
Market Synopsis As per the analysis by Market Research Future Reports (MRFR), The global under vehicle surveillance market is estimated to value approximately USD 10 billion by the end of 2023 with a CAGR of 13% during the review period from 2017 to 2023. An under vehicle surveillance system is used to identify threats that are covered underneath the automobiles. The cameras capture photographs of the undercarriage of the automobile for automated or manual visual detection by security personnel or systems. The increasing demand for correct security measures is the major element leading to the expansion of the global under vehicle surveillance market. The elements contributing to the expansion of the under vehicle surveillance market are rising owing to the favorable government rules in various nations, growing demand for luxurious cars integrated with vehicle surveillance systems and a broad range of advantages of under vehicle surveillance systems. Additionally, elements such as