Automotive Night Vision Sensors Market 2022 Major Factors That Can Increase the Worldwide Demand

Market intelligence data, a leading global market research firm, is pleased to announce its new report on Automotive Night Vision Sensors market, forecast for 2022-2027, covering all aspects of the market and providing up-to-date data on current trends.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the Automotive Night Vision Sensors market segments which include product types, applications, and competitor analysis. The report also includes a detailed study of key companies to provide insights into business strategies, company summary, trading summary, business strategy and planning, SWOT analysis, and current developments adopted by various players in order to sustain competition in this highly competitive environment.

Automotive Night Vision Sensors Market is envisaged to record an expansion at the CAGR of 4.45% over the forecast period, 2022 – 2027

 (Special Offer: Available 25% Flat Discount for Limited Time Only)

Get a Free Sample Copy of the Report:

https://www.marketintelligencedata.com/reports/1509884/global-automotive-night-vision-sensors-market-growth-2022-2028/inquiry?mode=ich_nk

Market Overview

The Automotive night vision system market was valued at USD Billion in 2020 and is expected to grow up to USD Billion by 2026, registering a CAGR of over during the forecast period. The Covid-19 pandemic had a negative impact on the market. With low vehicle sales reported in 2020, the major market potential for night vision systems was completely low. Also, with very less or almost zero vehicular movements, the aftermarket sector of the industry did not register many sales. However, with the expected increase in sales of passenger vehicles and increased awareness of safety in both passenger and commercial vehicles, the market is looking forward to reviving and growing economically back to pre-covid conditions. Some of the key factors driving the market are the growing public awareness toward road safety, increased sales of luxury cars, and the inclination of automobile manufacturers to develop more advanced technologies to prevent accidents (due to the enactment of stringent regulations by governments and safety organizations).

Top Companies in the Global Automotive Night Vision Sensors Market:

 Robert Bosch GmbH, Continental AG, Hella, Denso Corporation, Autoliv, Aisin Seiki Co., Ltd, Aptiv PLC, Valeo S.A., FLIR Systems, BrightWay Vision, Guide Infrared 

Recent Developments 

Continental AG  largest acquisition to date was in 2014, when it acquired Veyance Technologies for $1.9B. Continental has acquired in 6 different US states, and 8 countries. The Company’s most targeted sectors include automotive (55%) and software (20%).

Market Segmentation by Types:

Far Infrared (FIR) Automotive Night Vision Sensors
Near Infrared (NIR) Automotive Night Vision Sensors

Market Segmentation by Applications:

Compact Cars
Mid-Size Cars
SUVs
Luxury Cars
LCVs
HCVs

Asia-Pacific dominated the market

Asia-Pacific dominated the market and is expected to witness the same trend in the coming years, followed by Europe and North America. 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. The Chinese market for electric vehicles is swiftly growing, and China holds more than half of the electric vehicle market share, globally. In 2017, the country sold 777,000 electric vehicle units, which was 53% more than the total electric vehicle units sold in 2016. The demand for more ADAS functions in electric cars, such as night vision systems, is also growing, with the electric car market.

The study objectives of this report are:

-An overview of the global market for the Global Automotive Night Vision Sensors Market and related technologies.
-Analyses of global market trends, with data, and projections of compound annual growth rates (CAGRs) through 2022-2027.
-Identifications of new market opportunities and targeted promotional plans for the Global Automotive Night Vision Sensors Market.

-Discussion of research and development, and the demand for new products and new applications.

Regional Analysis For Automotive Night Vision Sensors Market:

For extensive understanding of market dynamics, the global Automotive Night Vision Sensors market is analyzed across key geographies namely: United States, China, Europe, Japan, South-east Asia, India and others. Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market. 

Read the full report:

https://www.marketintelligencedata.com/reports/1509884/global-automotive-night-vision-sensors-market-growth-2022-2028?mode=ich_nk

Significant Features that are under Offering and Key Highlights of the Reports:

– Detailed overview of Automotive Night Vision Sensors Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application etc
– Historical, current and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of Automotive Night Vision Sensors Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth.

The research includes historic data from 2016 to 2021 and forecasts until 2027 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Free customization of the report: This report can be further customized according to the client’s specific requirements. No additional charges will be added for limited additional research.

About Us:

Research Studies is a reliable source for market research reports that can give your company the edge it needs. Market intelligence data goal at Research Reports is to provide a platform for many top-notch market research businesses around the world to publish their research reports, as well as to assist decision-makers in selecting the most appropriate market research solutions all under one roof.

Contact Us:

Irfan Tamboli (Head of Sales) – MARKET INTELLIGENCE DATA

+1 (704) 266-3234

Mail to: sales@marketintelligencedata.com

This release was published on openPR.