Press release
Global Automotive Night Vision System Market Growth & Trends | 2018 Key Players are L3 Technology, Thales, Autoliv, Bosch, FLIR System, AE system, Bel, Rockwell Collins, Harris, Meopta, Safradir EC, Newcon Optik, ATN Corporation, Elbit Systems, Optix
Automotive Night Vision System Market
Automotive Night Vision System Market will increase due to rising demand from automobile applications. Advanced driver assistance technology in automobiles has night vision system to detect pedestrians, animals, cyclist and notifies driver through audible alerts and warnings. Awareness about road safety of passengers and pedestrians will fuel the demand for automotive night vision systems (NVS) market. Wide application in military vehicles for security and surveillance will support the industry growth during the forecast period.
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Based on applications, automotive night vision systems market is categorized in to law enforcement, wildlife observation, surveillance & security and navigation. Security & surveillance acquires major share in industry owing to extensive usage in military and homeland security operations. Demand from automotive is attributed to increased awareness of advanced driver assistance technology and upcoming autonomous vehicles.
Based on technology, industry is categorized into image intensification, active illumination and thermal imaging. Image intensification technology works on amplification of low level available light. It converts invisible light of darkness into visible light so that camera can display images on display screens.
Top Key Players:-
The key players of global Automotive Night Vision System Market are Thales, Autoliv, Bosch, FLIR System, AE system, L3 Technology, Bel, Rockwell Collins, Harris, Meopta, Safradir EC, Newcon Optik, ATN Corporation, Elbit Systems, Optix.
Regional Segmentations:-
Europe automotive night vision system market will witness robust growth during forecast time frame owing to availability of advanced technology and manufacturers investing heavily to improve product performance.
North America NVS demand is attributed to wide application and usage in military and passenger vehicles. Increase demand from military is expected to drive the regional demand.
Asia Pacific automotive night vision systems market will exhibit high growth rate owing to wide usage in security and surveillance operations. Frequent intrusion instances, cross border activities require efficient surveillance. NVS facilitates the better control over territory and improves homeland security. Moreover, rising automobile demand in India, China & South Korea will fuel the industry.
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Complexity in product development and operational failure due to weather conditions may hamper NVS market growth during forecast timeframe. High cost technology results in limited adoption of NVS in compact and medium passenger cars. Stringent government regulations for passenger safety and increasing vehicle accidents provides growth opportunities for component manufacturers to produce efficient and reliable products for better control.
Based on vehicle, the industry is classified in to PCV, LCV, HCV and military vehicles. Demand from PCV is attributed to stringent safety regulations and escalating advanced driver assistance systems. NVS is one of the important feature in ADAS that ensures safety during night. Increasing concerns during night will encourage the deployment of NVS in passenger vehicles. NVS in military vehicles will increase owing to increasing need for border security and surveillance.
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