Automotive Night Vision System Market Report Explored In Latest Research 2021–2027

Automotive night vision system market is poised to garner substantial returns over the forthcoming years owing to the introduction of groundbreaking technologies in new vehicle models and electric cars. Growing number of fatal and disabling road accidents resulting from compromised night vision and drowsy driving has compelled the automakers to incorporate active safety technologies that support vehicle maneuvers. Night vision systems in automobiles would extend the perception of the driver beyond the limited reach of headlights using heads up displays, infrared lights and thermographic cameras.

Certain advancements in technology have improved the automotive night vision system’s capability substantially. New systems boast the ability to detect objects including heavy vehicles, traffic signs, children, and cyclists. In addition, these can also offer updates on fog, smoke or glare of oncoming vehicle headlights. Owing to these benefits automotive night vision system market will witness significant growth in the coming years.

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The market is set to garner considerable returns owing to the demand for components like night vision cameras, sensors, and control units in night vision systems. Products like thermal night vision cameras are majorly adopted by some of the world’s top luxury car brands. For instance, BMW had installed such cameras in models that included thermal imaging sensors and heated optical elements. Moreover, companies are looking to introduce night vision cameras that possess the ability to depict information four times beyond the headlight range. Such advancements in components will further intensify the demand for night vision systems, thereby augmenting market growth. 

Autoliv, Inc., a global leader in automotive safety systems, had reportedly announced last year that its electronics business Veneer had been chosen by one of the leading automakers in the world as a partner to develop and manufacture mono vision camera systems. The company’s night vision camera technology is well-known for its forward collision warning and pedestrian detection capabilities. Similar product developments and partnership undertakings could outline the growth of Automotive Night Vision System Market.

Prominent automotive players and tech companies are coming up with autonomous vehicles equipped with advanced features like vision sensors, night vision camera, and far infrared camera which play a vital role in vehicle safety. Vision sensors capture and process live images with panoramic views and depth cues that help driverless systems to detect other cars and pedestrians to alert them to quickly stop or slow down. Self-driving sector would certainly pan out to be a viable investment avenue for automotive night vision system market.

Recently, ZF Friedrichshafen, a global technology company had grabbed the headlines with the launch of dual lens camera for commercial vehicles. This dual cam is designed to help meet changing global regulatory requirements for vehicles and delivers advanced functions like pedestrian detection, traffic sign recognition, and enable automatic emerging breaking. Persistently being addressed by extensive technological interventions in automobiles, automotive night vision system industry is expected to record commendable gains over the forecast timespan.

North American and European automakers are rapidly improving the connectivity of automobiles via Internet of Things (IoT), novel chips, diverse mobility solutions and autonomous vehicles. These technological changes are propelling the way automobile companies are investing in their future. At the same time, increasing number collaborations with technology startups, by way of acquisition or partnership, has also had a positive influence on the product demand. Gradual rise in luxury SUV sales in the regions has also supported the industry growth. For example, in 2018 Mercedes-Benz recorded 43.3% growth in sales of its GLC model in the U.S. market.

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Toyota Lexus, Mercedes-Benz, BMW, Robert Bosch GmbH, among others are some of the prominent players leading automotive night vision system industry. The rising inclination towards high-tech safety features in cars and massive adoption of cutting edge, cross-industry technologies in design and manufacturing, from augmented reality to deployment of 5G networks, will boost the industry scope. In fact, reports estimate that global automotive night vision system market will exceed annual valuation of USD 4.5 billion by 2025.

Table of Contents (ToC) of the report:

Chapter 1. Methodology and Scope

1.1. Methodology

1.1.1. Definition and forecast parameters

1.1.1.1. Definitions

1.1.1.2. Assumptions, methodology and forecast parameters

1.2. Data Sources

1.2.1. Primary

1.2.2. Secondary

Chapter 2. Executive Summary

2.1. Automotive night vision system market 360o synopsis, 2015 - 2025

2.1.1. Business trends

2.1.2. Product trends

2.1.3. Display trends

2.1.4. Component trends

2.1.5. Regional trends

Chapter 3. Automotive Night Vision Industry Insights

3.1. Industry segmentation

3.2. Industry landscape, 2015 - 2025

3.2.1. Automotive industry overview

3.2.1.1. North America

3.2.1.2. Europe

3.2.1.3. Asia Pacific

3.2.1.4. Latin America

3.2.1.5. MEA

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