Automotive Night Vision System Market Growth & Trends [2031]
Automotive Night Vision System Market Growth & Trends [2031]
Segments - Automotive Night Vision System Market by Technology (Far Infrared (FIR) and Near Infrared (NIR)), Display Types (Navigation Systems, Instrument Clusters, and HUDs), Component Types (Night Vision Camera, Controlling Unit, Display Unit, Sensor, and Others), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
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| Report ID :AL-3540
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| 180 Pages
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Report Description
The global automotive night vision system market size valued at USD 3.70 Billion in 2022 and is projected to reach USD 9.46 Billion by 2031, expanding at a CAGR of 11% during the forecast period, 2023-2031. The growth of the market is attributed to the increasing visibility in automotive night vision system.
Automotive night vision systems play a major role in preventing accidents. Globally, they are currently becoming an important feature in passenger cars. The ability to reach beyond the vehicle’s headlights, an automotive night vision system is used to enhance a driver’s perception in darkness and poor visibility weather conditions.
The night vision system warns the driver if an animal or a pedestrian is present in the danger zone by projecting a red image in front of the vehicle. The length and width of the danger zone depends on the speed of the vehicle.
Market Trends, Drivers, Restraints and Opportunities
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Rising demand for far-infrared (FIR or IR) technology is expected to boost the automotive night vision system market.
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Increasing visibility at night and better views at bad weather conditions is estimated to drive the market growth.
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Increasing demand for advanced safety system is one of the driving variables for the development of the market.
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Growing demand for luxury vehicles in Asia Pacific is estimated to foster the market growth.
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Increased awareness about road safety in developed nations is expected to boost the automotive night vision system market.
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The developments in thermal imaging is expected to positively influencing the market.
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Technological advancements in automotive sector is likewise a vital driver in the expansion of utilization of automotive night vision system market.
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High cost of automotive night vision system can restrain the growth of the market.
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Growing number of products lunches and new collaborations is estimated to foster the market growth.
Scope of the Report
The report on the global automotive night vision system market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
Automotive Night Vision System Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2022 |
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Historic Data |
2016–2021 |
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Forecast Period |
2023–2031 |
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Segmentation |
Technology Types (Far Infrared (FIR) and Near Infrared (NIR)), Display Types (Navigation Systems, Instrument Clusters, and HUD), Component Types (Night Vision Cameras, Controlling Units, Display Units, Sensors, and Others) |
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Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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Key Players Covered in the Report |
Daimler AG; DENSO Corporation; Autoliv Inc.; Audi AG; and Hella. |
Automotive Night Vision System Market Segment Insights
Far infrared (FIR) segment is expected to grow at a rapid pace
Based on technology types, the market is divided into far infrared (FIR) and near infrared (NIR). The far infrared (FIR) segment is expected to grow at a rapid pace during the forecast period. FIR detects radiations illuminations emitted by objects beyond the focal range. Under low-light conditions, the perception of the driver is expected to improve with infrared Images from cameras.
HUD segment is projected to expand at a considerable CAGR
On the basis of display types, the market is segregated into navigation system, instrument cluster, and HUD. The head-up displays (HUDs) segment is projected to expand at a considerable CAGR during the forecast period due to expanding factors owing to the requirement to reduce the distractions created by navigation displays to showcase information. The adoption of HUDs in several luxury cars, such as BMW 7 and Volvo XC 90, can propel the use of HUDs in the market.
Sensor segment is projected to expand at a considerable CAGR
In terms of component types, the market is segregated night vision camera, controlling unit, display unit, sensor, and others. The sensors segment is projected to expand at a considerable CAGR during the forecast period. Detecting in low-light conditions such as cyclists, pedestrians, driving lanes, and road signs.
Asia Pacific is anticipated to constitute a key market share
In terms of regions, the global automotive night vision system market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific is expected to constitute a key share of the market during the projected period.
China is the leader in the automotive industry, in every aspect, whether it is the sales or production of vehicles. The growing demand for luxury vehicles in the country is contributing significantly to the night vision system market.
Segments
The global automotive night vision system market have been segmented on the basis of
Technology Types
- Far Infrared (FIR)
- Near Infrared (NIR)
Display Types
- Navigation Systems
- Instrument Clusters
- HUDs
Component Types
- Night Vision Cameras
- Controlling Units
- Display Units
- Sensors
- Others
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Daimler AG
- FLIR Systems Inc.
- Audi AG
- Autoliv Inc.
- DENSO Corporation.
Competitive Landscape
Key players competing in the global automotive night vision system market are Daimler AG; DENSO Corporation; Autoliv Inc.; Audi AG,; and Hella.
In August 2021, Daimler unveiled 2021 Mercedes-Benz S-Class equipped with Night View Assist Plus, a night vision system that utilizes infrared technology with a unique camera to provide a clear outlook of the road while driving at dark. This system automatically focuses its headlights on nearby pedestrians and can detect cold objects too.
In August 2021, Audi announced that 2022 Audi e-tron S Sportback quattro is releasing with a Standard 20-inch wheels on a 255-section tire provide the grip; gonzo 21- or 22-inchers are optional, with a 285 cm sectional width. Advanced driving aids such as Audi active cruise and lane assists are standard kit, and the night vision assistant as optional.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Automotive Night Vision System Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Automotive Night Vision System Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Automotive Night Vision System Market - Supply Chain
4.5. Global Automotive Night Vision System Market Forecast
4.5.1. Automotive Night Vision System Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Automotive Night Vision System Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Automotive Night Vision System Market Absolute $ Opportunity
5. Global Automotive Night Vision System Market Analysis and Forecast by Region
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Region
5.2.2. Y-o-Y Growth Projections by Region
5.3. Automotive Night Vision System Market Size and Volume Forecast by Region
5.3.1. North America
5.3.2. Latin America
5.3.3. Europe
5.3.4. Asia Pacific
5.3.5. Middle East and Africa (MEA)
5.4. Absolute $ Opportunity Assessment by Region
5.5. Market Attractiveness/Growth Potential Analysis by Region
5.6. Global Automotive Night Vision System Demand Share Forecast, 2019-2026
6. North America Automotive Night Vision System Market Analysis and Forecast
6.1. Introduction
6.1.1. Basis Point Share (BPS) Analysis by Country
6.1.2. Y-o-Y Growth Projections by Country
6.2. North America Automotive Night Vision System Market Size and Volume Forecast by Country
6.2.1. U.S.
6.2.2. Canada
6.3. Absolute $ Opportunity Assessment by Country
6.4. Market Attractiveness/Growth Potential Analysis
6.4.1. By Country
6.4.2. By Product Type
6.4.3. By Application
6.5. North America Automotive Night Vision System Demand Share Forecast, 2019-2026
7. Latin America Automotive Night Vision System Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.1.3. Latin America Average Pricing Analysis
7.2. Latin America Automotive Night Vision System Market Size and Volume Forecast by Country
7.2.1. Brazil
7.2.2. Mexico
7.2.3. Rest of Latin America
7.3. Absolute $ Opportunity Assessment by Country
7.4. Market Attractiveness/Growth Potential Analysis
7.4.1. By Country
7.4.2. By Product Type
7.4.3. By Application
7.5. Latin America Automotive Night Vision System Demand Share Forecast, 2019-2026
8. Europe Automotive Night Vision System Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Europe Average Pricing Analysis
8.2. Europe Automotive Night Vision System Market Size and Volume Forecast by Country
8.2.1. Germany
8.2.2. France
8.2.3. Italy
8.2.4. U.K.
8.2.5. Spain
8.2.6. Russia
8.2.7. Rest of Europe
8.3. Absolute $ Opportunity Assessment by Country
8.4. Market Attractiveness/Growth Potential Analysis
8.4.1. By Country
8.4.2. By Product Type
8.4.3. By Application
8.5. Europe Automotive Night Vision System Demand Share Forecast, 2019-2026
9. Asia Pacific Automotive Night Vision System Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Asia Pacific Average Pricing Analysis
9.2. Asia Pacific Automotive Night Vision System Market Size and Volume Forecast by Country
9.2.1. China
9.2.2. Japan
9.2.3. South Korea
9.2.4. India
9.2.5. Australia
9.2.6. Rest of Asia Pacific (APAC)
9.3. Absolute $ Opportunity Assessment by Country
9.4. Market Attractiveness/Growth Potential Analysis
9.4.1. By Country
9.4.2. By Product Type
9.4.3. By Application
9.5. Asia Pacific Automotive Night Vision System Demand Share Forecast, 2019-2026
10. Middle East & Africa Automotive Night Vision System Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Middle East & Africa Average Pricing Analysis
10.2. Middle East & Africa Automotive Night Vision System Market Size and Volume Forecast by Country
10.2.1. Saudi Arabia
10.2.2. South Africa
10.2.3. UAE
10.2.4. Rest of Middle East & Africa (MEA)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Market Attractiveness/Growth Potential Analysis
10.4.1. By Country
10.4.2. By Product Type
10.4.3. By Application
10.5. Middle East & Africa Automotive Night Vision System Demand Share Forecast, 2019-2026
11. Competition Landscape
11.1. Global Automotive Night Vision System Market: Market Share Analysis
11.2. Automotive Night Vision System Distributors and Customers
11.3. Automotive Night Vision System Market: Competitive Dashboard
11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
11.4.1. Daimler AG FLIR Systems Inc. Audi AG Autoliv Inc. DENSO Corporation.
Methodology
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