Night Vision System Market Rising Opportunity in Automotive, Top Companies, Technology, Size, Share and Trends Analysis 2022 – 2030

The Automotive Night Vision System market trends is growing pervasively, witnessing an exponential growth backed by the increasing investments, competitive activities, global developments, opportunity, and business trends during forecast period 2022 to 2030.

Automotive Night Vision System Market Overview

Automotive Night Vision System Market size is anticipated to register a CAGR of 11.50% between 2020 and 2027 to reach an approximate value of USD 5.6 Billion by 2027. The global automotive night vision system market is very dynamic and is expected to witness significant growth over the forecast period. Night vision systems make use of various technologies such as infrared light, and head up display, which helps improve the vision range at night and its adverse weather conditions. This drives the growth of the automotive night vision system market. The introduction of stringent government regulations by government for the safety of the vehicles and passengers in various countries, is also driving the growth of the market. The increase in demand for high end passenger cars is also expected to spur the growth of the market over the forecast period.

Automotive Night Vision System market demonstrates a high growth potential which is likely to attract many entrants to the market resultantly, intensifying the competition further. Manufacturers strive to develop innovative materials, and best practices. Incorporating acquisition, collaboration, partnership, and expansion the well-established players gain the competitive advantage to maintain their market position. Also, they make substantial investments in manufacturing & expansion program. Expansions help in reducing logistic cost and increase production capacities and potential to fetch larger turnovers.

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Globally Major key Players accelerates the Automotive Night Vision System Market are, Delphi Automotive System Inc (U.S.), Denso Corporation (Japan), Robert Bosch GmbH (Germany), Continental AG (Germany), FLIR Systems (U.S.), Magna International Inc. (Canada), Valeo (France), Autoliv Inc. (Sweden), HELLA KGaA Hueck & Co. (Germany), Bendix Commercial Vehicles Systems (U.S.) and Others.

Growth Drivers

• Complexity of improper vision in the vehicle
• Advanced safety system
• High-end passenger cars

Most important Segments of Automotive Night Vision System market covered in this report are,

Based on system, the market has been segmented as Active NVS and Passive NVS.  The Passive NVS segment is expected to contribute the most in the growth of the automotive night vision system market, owing to factors, such as its increased range of about 300 meters, and higher contrast for living objects. 

Based on vehicle type, the market has been segmented as passenger cars and commercial vehicle. The passenger vehicles segment is expected to have the highest CAGR over the forecast period. The original equipment manufacturers are equipping the passenger cars with the night vision systems for enhancing the view of the drivers for driving at night and for helping in reducing the number of road accidents. The rise in competition in the automotive industry is leading the original equipment manufacturers to upgrade to new models of the passenger cars with night vision systems. 

Based on technology, the market has been segmented as Far Infrared (FIR) and Near Infrared (NIR). Amongst this, Near Infrared is expected to grow significantly. The near infrared technology is used for detecting the portion of IR band nearest to visible light. However, the near IR detector needs an assist. Special bulbs are mounted near headlight but they don’t blind other drivers as the human eye is insensitive to the infrared light. The infrared reflection of objects is captured and converted to a digital signal by a Charge Coupled Device (CCD). The digital signal is routed to image processor, which translates it into a format capable of being viewed into a black and white head-up display beamed onto the wind-shield. The near infrared technology provides advantages as the driver can see warmer living things just as clear as it can spot colder, dead animals or nonliving objects.

Automotive Night Vision System Industry Influence of the global market report:

• Comprehensive assessment of all opportunities and risks in the Automotive Night Vision System Market.
• Automotive Night Vision System Market recent innovations and major events.
• A detailed study of business strategies for the growth of the Automotive Night Vision System Market market-leading players.
• Conclusive study about the growth plot of Automotive Night Vision System Market for forthcoming years.
• In-depth understanding of Automotive Night Vision System Market, market-particular drivers, constraints, and major micro markets.
• Favorable impression inside vital technological and market latest trends striking the Automotive Night Vision System Market.

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The global Automotive Night Vision System market during the period has been split into several segments and subsegments, which have then been verified through primary research by conducting extensive interviews with key experts such as CEOs VPs, directors, and executives. Finally, the global market breakdown and data triangulation procedures have been employed to complete the overall market engineering processes and functions and hence, arrive at the exact statistics for all segments and subsegments.

Automotive Night Vision System Market Regional Analysis

The geographical overview of the global market has been conducted in four major regions, including the Asia Pacific, North America, Europe, and the rest of the world.

By Geography

Europe

Germany

Spain

UK

North America

US

Canada

Mexico

APAC

China

Japan

South Korea

Latin America

Brazil

MEA

UAE

South Africa

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