Global Automotive Night Vision System Market Overview:
An automotive night vision system is an advanced safety vision that uses an infrared sensor which is a thermographic camera to increase a driver's perception in darkness or poor weather beyond the reach of the vehicle's headlights. The automotive night vision system market has high growth prospects owing to the rising demand from various governments for advanced vehicle safety system and improving economical condition, demand for luxury vehicles are increased in developed and developing countries. Some of the key players profiled in the study are Autoliv Inc. (Sweden), Bosch (Germany), Delphi Technologies ( Ireland), Visteon Corporation (United States), Valeo (France), Wuhan Guide Infrared Co., Ltd. (China), Continental AG (Germany), Denso Corporation (Japan) and OMRON Corporation (Japan).
On the basis of geography, the market of Automotive Night Vision System has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Component Type, the sub-segment i.e. Night Vision Camera will boost the Automotive Night Vision System market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Display Type, the sub-segment i.e. Navigation System will boost the Automotive Night Vision System market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technology, the sub-segment i.e. Far Infrared (FIR) will boost the Automotive Night Vision System market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Growing Public Awareness towards Road Safety Globally
- Increasing Sale of Luxury Cars in Emerging Countries
- Increasing Technology Advancement in the Automotive Industry such as ADAS
- Increasing Demand From Developing Countries Due to Growing Number of Accident
- Demand for Advanced Safety System from Emerging Counties
- High Cost and Complexity of Equipment
Major Market Developments:
In 2018, DENSO Corporation announced it has developed a new standard vision sensor that detects pedestrians at night, cyclists, road signs, driving lanes, and other road users. Working in conjunction with a millimeter-wave radar sensor, the new vision sensor allows automobiles to automatically activate emergency braking when obstacles are identified, helping reduce accidents and improve overall vehicle safety.
Section 740.20, License Exception Strategic Trade Authorization (STA) for Certain Night Vision Equipment To Be Embedded. Prior to December 31, 2016. Section 740.20(b)(2)(x) restricted the use of License Exception STA for specific commodities controlled by ECCN 6A002, as well as related technology controlled by 6E001 or 6E002
Night Vision System Manufacturer, Suppliers/Distributors, Raw Material Suppliers, Automotive Industry, Potential Investors and Research and Development Organisation
Major Objectives Focused through this Study
To define, describe, and forecast the Global Automotive Night Vision System market on the basis of product [Active Automotive NVS and Passive Automotive NVS] , application , key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Automotive Night Vision System market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Automotive Night Vision System industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are Aisin Seiki Co., Ltd (Japan) and Magna International Inc. (Canada).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Automotive Night Vision System market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.