Global Auto Night Vision System Market was valued at US$ 1.3Bn in 2017 and is expected to reach US$ 4.7Bn by 2026, at a CAGR of 17.43% during a forecast period.




Global Auto Night Vision System Market




Vehicle manufacturers are focusing on introducing autonomous vehicles that eliminate the need for driver assistance. As Consumers are gaining awareness about the advanced safety features and technologies, they are indicating interest in improving the safety systems of their vehicles




Based on the System, Active NVS segment is expected to hold the largest share in the market during the forecast period. Active Safety Systems playing a preventive role in mitigating crashes and accidents by providing advance warning or by providing the driver with additional assistance in steering/controlling the vehicle. An emerging trend is witnessing the change in global automotive safety system market via increasing demand from the countries like India, China, Russia and Brazil. OEMs and suppliers are also focusing on increase demand from emerging markets. In Vehicle Type, Passenger Vehicle also expected to lead the market growth.




Major driving factors of the Auto Night Vision System Market are automotive industry is more trending towards the use of advanced technologies to reduce number of accidents and mitigate the impact of accidents on occupants.




Increasing number of countries implementing auto Night Vision System Market is presenting growth opportunities and new technology with safety systems have played an important role in achieving these targets, where these systems have made vehicles safer for the occupants. Increasing demand for luxury cars and safety awareness are the key market drivers for advanced Night Vision System Market and driver monitoring system market. High cost of technologies and High system cost will act as a restraint to the market.




In terms of region, Asia Pacific is expected to hold the largest share in the market during the forecast period. In recent the automobile industry is booming in the region with higher penetration market capture in passenger and heavy vehicle. Factors such as improving standard of living, growing per capita ownership of cars, and development of road infrastructure. Increasing demand for premium and luxury cars, coupled with the government regulations for vehicular safety systems, Regulatory focus on improving road safety, presence of major players will create more opportunity in this region.




The report includes a detailed study of Porter’s Five Forces model to analyze the different factors affecting the growth of the market. Moreover, the study also covers a market attractiveness analysis, brand portfolio expansion, mergers, collaborations, joint ventures, acquisitions, PESTLE analysis, Value Chain Analysis, and SWOT analysis.




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The Scope of the Report for Auto Night Vision System Market




Global Auto Night Vision System Market, By Technology




FIR (Far Infrared)
NIR (Near Infrared)

Global Auto Night Vision System Market, By Component




Controlling Unit
Display Unit
Sensor

Global Auto Night Vision System Market, By System




Active NVS
Passive NVS

Global Auto Night Vision System Market, Vehicle Type




Passenger Vehicle
Commercial Vehicle

Global Auto Night Vision System Market, by Region




North America
Europe
Asia Pacific
Middle East & Africa
South America

Key Players Operating in Auto Night Vision System Market




Delphi Automotive System Inc
Meopta
L3 Technology
Bel
Thales
Denso Corporation
Robert Bosch GmbH
Newcon Optik
ATN Corporation
Continental AG
FLIR Systems
Magna International Inc.
Valeo
Autoliv Inc
HELLA KGaA Hueck & Co.
Bendix Commercial Vehicles Systems




 

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