Automotive Night Vision System Market Size, Competitive Landscape and Market Forecast - 2029

SKU: DM1899 | Last Updated On: Jul 18 2022 | Available Formats

> Global Automotive Night Vision System Market Expected to reach a high CAGR of 18% By 2029: DataM Intelligence

Global Automotive Night Vision System Market is segmented By Type (Active Night Vision system, Near Infrared, Far Infrared, Passive Night Vision System), By components (Controlling unit, Display unit, Sensors, Others), By Sales Channel (OEM, Aftermarket), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) Share, Size, Outlook, and Opportunity Analysis, 2022-2029

 

Market Overview

The "Automotive Night Vision System Market"  is projected to grow at a CAGR of 18% during the forecast period 2022-2029.

An automotive night vision system is a technology that can help increase situational awareness when there is a low light condition which makes it difficult to see the path. Automotive night vision systems can help in preventing accidents.

These systems extend the perception of the driver beyond the limited reach of headlights through the use of thermographic cameras, infrared lights, head-up displays, and other technologies. Automotive night vision systems based on LIDAR-based vision systems generate a 3D image of the surrounding by using laser pulses.

Night vision systems detect objects that are more than 500 feet away. The use of a night vision system can help to avoid collisions. The Global Automotive night vision system market is expected to grow at a CAGR of 18% to reach market maximum value by 2027.

Market Drivers:

The 3D-assisted automotive night vision system is one of the major drivers that will contribute to growth in the coming years.

According to the statistic of European Commission for the Automobile Industry, there are nearly 50% of accidents occur at night, which is a key demand element for the automotive night vision system market.

Market Restraints:

The high price of an automotive night vision system is restricting the market growth.

Automotive night vision systems are mostly seen in luxury and high-end cars thus, low penetration of automotive night vision systems is affecting the market growth.

Market Segmentation

By product type

Active night vision systems use infrared light sources, and these light sources don’t cause oncoming drivers to suffer from temporary night blindness as high beam headlights can. That allows the infrared lights to illuminate objects that are significantly further away than headlights can reach.

Passive night vision systems rely on thermographic cameras to detect thermal radiation. The thermographic cameras essentially see heat, it's easy for them to pick out the difference between a warm object (person), and a cooler object (road).

By Geography

The U.S is expected to have a higher demand for the night vision system due to increasing pedestrian fatalities in the country. In recent years, about 68 percent of all pedestrian fatalities in the U.S. occurring at night.

Competitive landscape

The companies are investing more in new technological innovation in the products, for instance, the introduction of the Night Vision cleaning system, it is a water jet that cleans the camera lens. The camera detects the level of contamination on the lens without operator intervention and automatically triggers cleaning.

Key market segments covered

By type

  • Active Night Vision system
    • Near Infrared
    • Far Infrared
  • Passive Night Vision System

By components

  • Controlling unit
  • Display unit
  • Sensors
  • Others

by sales channel

  • OEM
  • Aftermarket

by Region

  • Asia Pacific
  • Europe
  • North America
  • South America
  • Rest of the World

Why purchase the report?

  • Visualize the composition of the Automotive Night Vision System market across each indication, in terms of by product type, and by components, and by sales channel highlighting the key commercial assets and players.
  • Identify commercial opportunities in the Automotive Night Vision System market by analyzing trends and co-development deals.
  • Excel data sheet with thousands of data points of the Automotive Night Vision System market-level 4/5 segmentation
  • PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study
  • Product mapping in excel for the key Automotive Night Vision System products of all major market players

Target Audience

  • Raw Material Suppliers/ Buyers
  • Product Suppliers/ Buyers
  • Industry Investors/Investment Bankers
  • Education & Research Institutes
  • Research Professionals
  • Emerging Companies
  • Manufacturer

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