Automotive Night Vision System Market: 2018 Analysis By Size, Share, Trends, Sales, And Key Players: Delphi, Denso, Bosch, Continental, FLIR, Magna, Valeo, Autoliv, HELLA, Bendix Forecast To 2023

April. 4, 2018 (NEWS) -- Automotive Night Vision System Market Research Report 2018 expands information on Automotive Night Vision System Market by technology (FIR, NIR), Components (Controlling Unit, Display Unit, Sensor) By System (Active NVS, Passive NVS), by Vehicle Type (Passenger Cars, Commercial Vehicle) and by Regions. The global market of Automotive Night Vision System will grow at a rapid pace over the forecast period.

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.

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Automotive Night Vision System Market Companies Analyzed in report:

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.

The global automotive night vision system market has seen a remarkable growth in the global market and it has been observed that, its demand in the future is expected to grow with the CAGR of ~11.5%.The market is further expected to experience huge potential during the forecast period with the integration of night vision systems with adaptive front lighting systems. This improves the visibility range of the driver and helps identifying the presence of potential hazards. The increase in the awareness among customers for the purchase of vehicles with higher safety systems, is also expected to drive the growth of the market. However, the growth of this market is expected to be restrained by the high cost of technologies used in night vision systems such as sensitivity and infrared technology.

Market Segmentation:

The global automotive night vision system market segments has been segmented based on technology, components, system, vehicle type and regions. On the basis of technology, the market is segmented as Far Infrared (FIR) and Near Infrared (NIR). Amongst this, Near Infrared (NIR) is expected to dominate the global market by technology in 2016 in terms of market revenue. The growth of this segment is attributed to the advantages provided by this technology as it helps the driver see warmer living things just as clear as it can spot colder, dead animals or nonliving objects.

Geographic Analysis:

Geographically, the global automotive night vision system market has been divided as four major regions such as North America, Europe, Asia Pacific and Rest of the World. North America region is expected to dominate the global variable valve timing market over the forecast period. The presence of major players of night vision systems such as Delphi Automotive System Inc., FLIR Systems and Magna International Inc., is further expected to drive the growth of the North America market. However, the Asia Pacific region is expected to grow with the highest CAGR, owing to the boom in the automobile industry in the region. Factors such as improving standard of living, growing per capita ownership of cars, and development of road infrastructure are to drive the growth of the market over the forecast period. Regulatory focus on improving road safety, is also expected to contribute in the automotive night vision system market.

Target Audience of Report:

Organizations

Manufacturer

Research Institute / Education Institute

Potential Investors

This study provides an overview of the global automotive night vision system market, tracking four market segments across four geographic regions. The report studies key players, providing a six year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global automotive night vision system market by technology, components, system, vehicle type and regions.

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