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Automotive Night Vision Sensors Market to Perceive Substantial Growth During 2018 - 2028

01-10-2019 12:59 PM CET | Logistics & Transport

Press release from: Future Market Insights

Automotive Night Vision Sensors Market to Perceive Substantial

Automotive Night Vision Sensors play a crucial role while driving in the shady or dark (night). Automotive Night Vision Sensors assist and improve the perception and vision range of drivers and passengers during night driving. These Automotive Night Vision Sensors are used in the night vision devices or systems, which generally signifies electronically enhanced optical devices or system which operate in three modes: thermal imaging, image enhancement, and active illumination. Automotive Night Vision Sensors system basically extend the view of the driver further than the reach of the headlights, through the use of heads-up displays, infrared lights, thermographic cameras and other technologies. Since Automotive Night Vision Sensors system assist and aware drivers to the existence of probable risks, before they become visible, these systems can help prevent mishaps.

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Automotive Night Vision Sensors Market:Dynamics

The main factor behind the growth of the Automotive Night Vision Sensors market is the rising demand for ADAS from end-users which may be owing to the ongoing trend of using the latest technology. The Automotive Night Vision Sensors manufacture in the automotive industry are actively involved in the continuous development of the night vision sensors system to increase its range and effectiveness which is also expected to support the growth of the Automotive Night Vision Sensors market over the forecast period. Also, raising awareness among the population about the key safety features of the Automotive Night Vision Sensors is also a factor expected to encourage Automotive Night Vision Sensors adoption globally. Apart from this, Automotive Night Vision Sensors have become an integral part for all premium class vehicle in many countries across the globe so the increase in demand for premium vehicles will also add up to the growth of the global Automotive Night Vision Sensors market.

However, the high cost of advanced technology such as Automotive Night Vision Sensors system and low awareness is anticipated to restrain the growth of the global Automotive Night Vision Sensors market. However, the current trend to use new and better technology for better results will increase the demand for global Automotive Night Vision Sensors market over the forecast period.

Automotive Night Vision Sensors Market:Segmentation

Based on the sales channel, the Automotive Night Vision Sensors market can be segmented as follows:
Original Equipment Manufacturer (OEM)
Aftermarket
Based on system type, the Automotive Night Vision Sensors market can be segmentedas follows:
Active systems
Passive systems
Based on the vehicle type, the Automotive Night Vision Sensors market can be segmentedas follows:
Passenger cars
Compact
Mid-Size
Luxury
Premium
SUV
Light Commercial Vehicles(LCV)
Heavy Commercial Vehicles(HCV)
Automotive Night Vision Sensors Market: Regional Outlook

Europe, followed by North America holds a significant share in the global Automotive Night Vision Sensors market, owing to the presence of prominent original equipment manufacturer (OEM) of the automobile in the region. The market of Automotive Night Vision Sensors in Europe and North America will have a higher installation rate owing to higher demand for premium and luxury cars, car accessories and car modifications, while this may not be the case in Asia Pacific region, as customers in the Asia Pacific market usually opt for low-end cars with basic features. Nevertheless, the Automotive Night Vision Sensors market perspective in the Asia Pacific region is expected to grow at a slower pace in the first half of the forecast period eventually grow significantly after that. The Automotive Night Vision Sensors market in MEA regions will depend on the performance and adoption of Automotive Night Vision Sensors. Rest of the world is estimated to account for a relatively small share of the Automotive Night Vision Sensors market.

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Automotive Night Vision Sensors Market: Market Participants

Some of the examples of the market participants operating across the value chain of the global Automotive Night Vision Sensors market are:

BrightWay Vision Ltd.,
Robert Bosch GmbH
Continental AG
Hella KGaA Hueck & Co.
Denso Corporation
Autoliv, Inc.
Aisin Seiki Co., Ltd

About Us
Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.
FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.

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