Automotive Night vision System Market Share, Size, Trends, and Forecast by 2031

MARKET OVERVIEW

The automotive night vision system uses a thermographic camera that helps a driver to see in darkness or in poor weather condition, which is beyond the reach of headlights of a vehicle. Currently, automotive night vision system are available in sports, luxury, and premium car, and they are anticipated to be available in the mid-segment cars in the near future, which is expected to create lucrative business opportunities for the market players operating in automotive night vision system market. Increasing demand for various advanced technologies in the vehicle is encouraging the automotive night vision system market.

MARKET SCOPE

The

"Global Automotive night vision system Market Analysis to 2031"

is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of Automotive night vision system market with detailed market segmentation by technology, display type, components, and geography. The global Automotive night vision system market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Automotive night vision system market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•   Based on technology, the market is segmented as far infrared (FIR) and near infrared (NIR)
  
•   On the basis of display type, the market is segmented into navigation system, instrument cluster, and HUD
  
•   Based on component, the market is segmented into night vision camera, controlling unit, display unit, and others
  

MARKET DYNAMICS

Drivers:

•   Increase in awareness about road safety of drivers, passengers, and pedestrians
  
•   Rise in demand for advanced in-vehicle safety features such as Advanced Driver Assistance System (ADAS), increased vehicle production
  

Restraints:

•   High price associated with the night vision systems
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Automotive night vision system market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive Porters five force analysis highlighting factors factors affecting the Automotive night vision system market in these regions.

IMPACT OF COVID-19 ON AUTOMOTIVE NIGHT VISION SYSTEM MARKET

The outbreak of the COVID-19 has severely impacted the automotive and transportation, and other related industries. The emergence of COVID-19 virus across the globe which led to lockdown scenarios has led to unprecedented series of border closures across the globe. This disruption in global supply chain is expected to leave an impact on the industry through till mid-2021. Several Automotive night vision system manufactures have declared the pause in the production due to the lowered demand, supply chain bottlenecks, and to protect the safety of their employees in the most affected countries during the COVID-19 pandemic. As a result, the demand for Automotive night vision system solutions got declined in 2021 and is the impact of pandemic is expected to continue in the year 2021 too.

MARKET PLAYERS

The report covers key developments in the Automotive night vision system market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Automotive night vision system market are anticipated to lucrative growth opportunities in the future with the rising demand for Automotive night vision system in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Automotive night vision system market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

1. Audi AG
2. Autoliv Inc
3. Bendix Commercial Vehicles Systems
4. Continental AG
5. Daimler AG
6. Delphi Automotive Plc.
7. DENSO CORPORATION
8. FLIR Systems, Inc
9. Omron Corporation.
10. Robert Bosch GmbH

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Automotive Night vision System Report Scope